If you own a business in New York, it’s important to match the Business Auto Insurance you carry to the company you keep.

Doing so can save you time and money down the road.

Commercial Auto Insurance or Business Auto Insurance can be especially important.

If you’re not sure what kind of Business Auto Insurance Coverage you need, you may want to talk with an independent insurance agent who specializes in that particular area. Independent Insurance agents work with you to put together a package that provides the protection that’s right for your business.

“Anyone who owns a business with a Business Automobile Insurance Policy needs to have coverage that is appropriate for the industry and the size of the business,” says Brett Stalnaker of The Progressive Group of Insurance Companies. “An independent agent who specializes in Business Auto Insurance Coverage can provide business owners with the kind of advice they need to make the right choice.”

Here are some tips to help you find a Business Auto Insurance agent:

• Get objective advice. There are different types of insurance agents. A captive agent represents only one insurance company. Independent Insurance agents, Like those at Castle Rock Agency Represent Several  Different Insurance Companies.
• Independent agents tend to be more flexible, because they can offer coverage options from various companies, increasing your odds of getting the combination of cover-ages, price and service that fits your business needs.
• Visit the Web site of a larger Business Auto Insurance Agency. Web sites, like ours, at CastleRockAgency.com can provide you with coverage option information specific to your business and your Business Auto Insurance needs.
• Seek referrals. These can come from professional organizations or other contacts such as other business owners. Chances are, other business owners in your industry can recommend an agent that they’ve worked with.

One size doesn’t fit all when it comes to Business Auto Insurance.

A business that you start in the dining room or garage with just one vehicle can grow to the point where several vehicles are added and you move to commercial property. As your business evolves, your protection needs will most likely change, too. Be sure to check in with your agent periodically to reassess your Business Auto Insurance Policy. Many of our clients once began as small Mom and Pop shops that have evolved into large commercial entities.

We continue to treat all of our clients with the care and concern that they deserve. 

As many people have already found out, Castle Rock Insurance Agency is the best stop for a quote on Business Auto Insurance.  We are the low cost solution for your Business Auto Insurance Policy.

Castle Rock Agency currently offers Business Auto Insurance Policy Coverage in New York, NY, New Jersey, NJ and Pennsylvania, PA.

For a quote on Business Auto Insurance please Contact Us. Be sure to have the following information avaiable:

• A List of Drivers including Name and Driver License Information.
• A List of vehicles with their VIN's if possible.

Castle Rock Insurance Agency
Business Auto Insurance

Save Money on a New Car

One way to avoid sticker shock or buyer’s remorse when purchasing a new car is to consider expenses you may encounter down the road.

For instance, experts say that while most people anticipate the purchase price, taxes and registration fees associated with a vehicle, many forget that the insurance they need to protect their vehicle could come with a hefty price tag. Fortunately, there are ways to keep insurance costs down while maintaining the type and amount of coverage a new car typically requires.

Insurance Costs

Before you buy a car, you should check into how much it would cost to insure. Try talking with an independent insurance agent it may save you some money. Unlike “captive” agents who represent only one company, independent agents and brokers offer products from many different insurance companies. That means more choice and more opportunities for you to find the best coverage and service at the right price.

Does The Cost of A Vehicle Affect the Insurance Cost?

Yes and NO!

The NO: For the most part the amount you will pay for the liability portion of the insurance on your vehicle is pretty static, it is based on your location, age, driving history and usually credit (Yes - Credit), but that issue is for another article. However the safety features the vehicle has will affect the liability cost. These include, but are not limited to: Anti Lock Brakes, Air Bags, and Day Time Running Lights. 

Vehicles and Insurance Rating

The YES:  Vehicles are rated by several rating entities, including ISO (Insurance Services Office) The determine rating for losses with respect to Comprehensive (Fire & Theft) & Collision. These are based on statistics, not the vehicle cost. Here are some interesting examples of ratings.

•Honda Civics are more expensive to insure than Honda Accords
•A Mercedes SUV  can be more expensive to insure than a Subaru Sedan
•A Convertible Corvette can be less expensive to insure than a Mitsubishi Lancer that is 1/2 the price
•A Porsche SUV can be less expensive to insure than a Hyundai Coupe

Keep in mind that things like Alarms, Recovery Devices, and Anti-Lock brakes will also reduce premiums.

Out of Pocket Costs

In metro areas like New York and New Jersey where insurance premiums can be costly, a savings in insurance can equate to a huge savings over the life of a car or even its lease. If you lease or buy a vehicle 'A' that is more money to lease than a vehicle 'B' but less to insure the insurance savings may compensate for the vehicle cost and allow you to step up to a better car or even just pocket the money.I have had several clients evaluate the cost difference between Hyundai Elantras and Honda Accords only to find that the three year cost of ownership for an Accord that has a sticker price $8000 over the Elantra was less expensive to own.  The deciding factor, the Insurance Cost and the Depreciation Factor.

Here are a few questions to ask an Independent Insurance Agent or Insurance Broker.

Can I get any discounts for my car’s safety features? Your auto insurance premium is based in part on the car’s value, the cost to repair it, its overall safety record and the likelihood of theft. Many insurers offer discounts for safety features that reduce the risk of injuries or theft.

How does this insurance company handle claims? Price isn’t the only factor to consider. It’s a good idea to deal with a company that will be there for you when you need it around the clock.

What coverage do I need? Your specific needs may vary by the age of the car, your personal situation and other factors. 

Select an agent or broker who takes the time to answer your questions and who can help you find the combination of price, service and coverages that you need.