What Insurance Companies Are Competitive For Livery

What Insurance Companies Are Competitive For Livery

When it comes to the business of transportation, one of the most important aspects of these businesses involves having the proper insurance coverage. For those who operate commercial limousine services, bus charter services, or have a fleet of vehicles for other purposes, having livery insurance makes sense in a number of ways. Because these businesses rely on dealing with a wide variety of people on a daily basis, it’s virtually inevitable that situations will happen that result in the need for livery insurance coverage. In order to know what insurance companies are competitive for livery, there are a number of factors to take into consideration.

Coverage Limits
When a business owner is attempting to decide on the proper livery insurance, one of the first things to take into consideration is coverage limits. Whether a business has only one limo or a multitude of vehicles, knowing what insurance companies are competitive for livery can provide coverage limits from $5 million up to as much as $20 million, ensuring any business can be protected in the event an incident happens.

A Variety of Services
For businesses that are in need of insurance, determining what insurance companies are competitive for livery involves knowing what services are available. Some of the most common services used by personal transportation businesses include:
–Bodily Injury and Property Damage
–Physical Damage
–General Liability
–Garage Liability
Within these different types of coverage, some of the key components include uninsured motorist coverage, underinsured motorist coverage, medical payments, and personal injury protection.

Knowledge and Experience
Perhaps most of all, knowing what insurance companies are competitive for livery includes working with an insurance broker who has the knowledge and experience needed in this specialized area of insurance. By doing so, an agent can talk with you about the specific needs of your business, then tailor a policy that ensures as much coverage as possible for numerous situations. In addition to this, the best agents are often independent, allowing them to work with a number of different companies in order to get the best deals for their customers.

Contact an Agent Today
In order to have a complete understanding of what insurance companies are competitive for livery, the best thing to do is contact a knowledgeable and experienced insurance agent. By doing so, you and your business can begin to discover the many aspects of livery insurance, all of which can help protect your business in the event an accident or other incident occurs.

Best regards,
Gary Hanson
Professional Insurance Strategies, LLC
2822 W. Northern Ave
Phoenix, AZ 85051
Mailing
3655 W. Anthem Way A109-283
Anthem, AZ 85086
ghanson@proinsgroup.com
602-481-0161
623-463-9001 Fax

Cab Insurance Arizona

Cab Insurance Arizona

Operating a taxi can be a great way to make money in Arizona. People are always in need of rides to bars, to the airport or wherever else they need to go. However, it is important that you have sufficient insurance if you want to operate a legal taxi company or drive your own taxi within the law.

Cab Insurance Arizona Requirements

If you are going to operate a taxi in the state of Arizona, you must carry $250,000 of primary commercial coverage in addition to $250,000 of uninsured motorist coverage. However, this is only during times in which you are actually transporting a paying customer. Proof of insurance must be carried at all times and presented upon request to anyone who asks for it.

Cab Insurance Arizona Requirements When Not Transporting Customers

If you are driving a taxi in the state of Arizona without any passengers inside, your insurance requirements are the same as any other driver. This means that you only have to carry $25,000 of general liability for a single person and $50,000 to cover two or more people hurt in an accident. Furthermore, you must carry $20,000 of coverage to pay for any property damage that may occur in an accident.

What Happens After an Accident?

In the event that you get into an accident while driving a cab, an investigation will be performed. You are responsible for presenting proof of insurance and meeting all other requirements to act as a taxi driver or operator. Your cab insurance Arizona provider is also required to provide any information that would help an investigation proceed. After an investigation is complete, one party will be deemed to have been at fault, and legal proceedings may take place if applicable.

What Happens if Your Commercial Insurance Policy Lapses?

If your insurance lapses, you must either get a new policy or stop operating as a taxi. Your insurance company may allow you to renew your coverage automatically or otherwise alert you to the fact that your policy will lapse well before it actually happens. This gives you ample time to ensure that your policy remains valid.

Whenever you operate a motor vehicle whether for private or commercial purposes, don’t forget to have adequate insurance. It will help you avoid financial and legal penalties that can harm your personal finances as well as your ability to make a living driving your car.

Best regards,
Gary Hanson
Professional Insurance Strategies, LLC
2822 W. Northern Ave
Phoenix, AZ 85051
Mailing
3655 W. Anthem Way A109-283
Anthem, AZ 85086
ghanson@proinsgroup.com
602-481-0161
623-463-9001 Fax


Az Department Of Weights And Measures Limo Insurance Requirement

Az Department Of Weights And Measures Limo Insurance Requirement

Arizona, like every other state, has strict requirements for vehicles for hire. The State requires registration as a commercial vehicle, qualified insurance, and an annual safety inspection. There are strict penalties for non-compliance, the first of which is denial of a license to operate the limousine, truck, or taxi as a vehicle for hire. In Arizona, the Department of Weights and Measures administers the licensing program. It licenses operators and livery vehicle companies. A single license can cover many vehicles; however, each vehicle must carry a decal, have insurance coverage, and pass a vehicle inspection. There is a necessary public reliance upon the decal and livery colors of a vehicle for hire; the public assumes that it is safe and in operation by a qualified driver.

Public Safety and Convenience
Based upon choices by the Arizona Legislature, public safety demands strict enforcement of the AZ department of weights and measures limo insurance requirement. Although the effect is to limit the number of vehicles for hire, the balance struck in favor of insurance and good operating condition clearly relates to public safety.

The annual inspection requirement procedure requires presentation of the vehicle at a designated inspection station at an assigned time. Failure to appear at the designated place and time carries a penalty. The inspection is a requirement for proper operating condition and adequate safety equipment. Failure to present the vehicle in satisfactory condition is a violation. Owners can cure defects noted during the inspection, and re-inspection is routine.

Insurance Regulations
AZ Department of Weights and Measures limo insurance requirement involves oversight on insurance providers. They must be registered and approved as commercial insurers before acceptance of their endorsements for a vehicle for hire. The policies must meet conditions set by Department rules, and companies must satisfy rules that apply to their operations. The Department maintains a registry of approved insurance providers. To obtain a license, the application must include an approved insurance company.

Livery Vehicles of All Kinds
The AZ Department of Weights and Measures limo insurance requirement is a fact of doing business in the state. Applicable to taxis, limousines, jitneys, chauffeured cars, and small coaches, it is a prerequisite to lawful operation of a vehicle for hire. The rules do not apply to buses and motor coaches. When hiring a taxi, limousine, or other chauffeured vehicle, there is a public expectation of safety, cleanliness, comfort, and driver competence. The foundation is in the administration of licensing. Owners must satisfy all legal requirements before receiving a license and vehicle decal.

Gary Hanson
Professional Insurance Strategies, LLC
3519 E. Shea Blvd., Suite 120
Phoenix, AZ 85028

ghanson@proinsgroup.com
602-481-0161
623-551-6716 Fax