New York Commercial Automobile Insurance: What You Need to Know New York Commercial Automobile insurance serves as a safeguard against financial hardship in the event of an auto accident and assists in paying for damages if your company vehicle(s) is damaged, starts on fire or is stolen. Every state, with the exception of New Hampshire, requires all drivers to carry … Read More
Commercial Auto Insurance Premiums: Risk Insights about Frequency & Severity
NYC commercial auto insurance rates are based on several factors, frequency, and severity of crashes, auto repair costs, medical and hospital costs, lawsuits and court judgments, insurance fraud, vehicle type, and deductibles. This means that while your company’s inherent level of risk is a factor that affects the premium you will pay for auto insurance, that amount is also affected … Read More