Todays blog 04-29-2016
3- Borrowing another person's commercial vehicle can end up being a very costly proposition. Besides the danger of having a catastrophic loss due to the other party carrying lower limits of liability, there is always the chance you could have an accident and the borrowed vehicle doesn't have physical damage. Or it could be a situation where the coverage is there but it has a very high deductible (minimum amount of damage required before an insurance claim will be covered). This could leave you having to pay a hefty amount of money. Sometimes renting a vehicle is truly your best option as you can purchase the rental companies' coverage. Make sure you protect your business. Call your agent and ask questions on how your policy works. Is coverage transferable to other drivers/vehicles etc? Not always ...you better check it out before assuming. JESUS is Coming Soon!! Are you Ready??? HARVEY & OWINGS INSURANCE AGENCY YOUR KANNAPOLIS AND CONCORD AUTO AND HOME SPECIALIST.
