Insurance for Senior Car Service Companies

Running a company that offers transportation to seniors is a great way to make money while providing a helpful service. However, accidents can happen, so having the right senior car service insurance programs in place can help you protect your company and your clients.

Types of Risks

Depending on the services you offer, your company can face a variety of risks, such as:

  • Injuries
  • Collisions
  • Breakdowns

The type of services you offer can determine any other types of risks. For example, if multiple people from different households ride in a vehicle together, then theft or damage of personal items may occur.

Coverage Options

Although the unique needs of your company dictate the type of coverage you need, your insurance plan should cover the basics, including:

  • Comprehensive and collision
  • Bodily Injury
  • Uninsured or underinsured motorists
  • Medical costs
  • Property damage

When selecting an insurance plan, you should take certain factors into account, such as your location and whether or not drivers will cross state lines on a regular basis. If medical equipment or other important and expensive cargo is often transported, then you may need additional coverage.

Operating a company that provides rides to seniors can be a lucrative endeavor. With the right insurance policy in place, you can enjoy peace of mind regarding the safety of your company, clients and drivers.

Bookmark the permalink.