The consequences of a motor vehicle accident are on a different level in the commercial world.
That realisation can feel like a rude awakening.
As a manager, you're concerned for the welfare of your company driver and any off-siders. And you expect the costs of repair to the vehicle.
Even minor damage to a company vehicle is not a good look. But what about a major accident?
Depending on the type of vehicle, you could also face downtime and delayed deliveries or meetings. Those problems can lead to frustrated customers.
The reputation of the company is on the line.
You need to organise new stock and get new capacity to fulfil the deliveries. If the accident involved other people or property, it gets worse.
In that case, your company might find itself in court to defend a liability case.
The right commercial vehicle insurance policy can help you manage these business risks in a proactive way.