Commercial Auto Insurance

By Robert Smith Levin

Motor vehicle insurance plays a key role because it provides sound protection against unexpected damages. Insurers pay out billions of dollars each year in form of medical cover, third party compensations, and vehicle repairs arising from auto accidents. A person with no insurance cover would not be able to cover such bills and even he would it would take a big toll on his / her finances. It is because of such reason that auto insurance is mandatory in all states across the country.

This without of course has presented a business opportunity and each state has its own auto insurance companies with some companies operating nation wide.

What To Search For In A Car Insurance Package
Despite the fact that motor vehicle insurance is mandatory for all motorists, not all vehicle insurance companies’ policies are equal. Some of the policy attributes that potential buyers ought to consider when choosing cheap auto insurance company include the following:

Roadside Response & Repair
Motor vehicle insurance companies should provide value added services like towing services and even rental vehicles which the client can lease and be using to move around as he / she for his / her claim to be processed. Continue Reading

By M Withers

Last year (2009), the top 10 vehicles stolen in the UK included 2 popular commercial vehicles, namely the Ford Transit, and the Mercedes Sprinter, with the Ford topping the list overall as Britain’s most stolen vehicle. But why is this? What do criminals do with these vans?

The reasons for this are threefold. The first being ever increasing dealer prices for parts and labour. This is partly down to the recession, and also due to the fact that the market for new motors is so competitive, that dealers look to make their money on servicing rather than new vehicle sales. Even Ford prices are seen as quite high now, and as a result there is a huge market in second hand parts. Vehicles are routinely stripped down and the parts sold on and the cash generated from this is much more than the vehicle itself is worth as a whole.

These vehicles are very common, so more of them are likely to be stolen anyway, but the fact there are so many of them also makes them more theft attractive. Their parts are easier to move on simply because the market for them is bigger.Vans nearly always carry cargo of some sort, that’s why their owner’s bought them in the first place, to transport their equipment or goods around for business purposes. It can be more profitable to steal a van for it’s contents AND it’s parts rather than a car with it’s limited carrying capacity.

But can anything be done about this? Continue Reading