Our team at LaVaughn Rodgers Insurance has been working in the insurance industry for 48 years, and we are familiar with a wide range of insurance policies. Insurance is based on risk, so the type of coverage you need heavily depends on the types of risks you regularly encounter. For example, the risks associated with driving a sedan are different from those associated with operating a limousine, so these two vehicles require different policies. In this article, we will cover the basics of limo insurance so you can better understand this type of coverage.
- Physical Damage – Like other auto insurance policies, limo insurance covers physical damage done to the limousine itself, to other vehicles, and to structures or property during a collision. If your vehicle is involved in an accident, then your insurance will cover some or all the property damage resulting from that accident.
- Medical Expenses – Limo insurance also provides coverage for medical expenses associated with a collision. If anyone, including the driver or passengers of the limo, driver or passengers of another vehicle, or any pedestrians, is hurt in a crash, then your insurance will help pay for their medical care.
- Liability Coverage – Limo insurance also provides liability coverage to protect your finances in the event that someone sues you for damages. If someone associated with your limo business—such as a passenger or a passerby—is hurt, and they sue you, this part of your policy will help pay for the costs associated with the lawsuit.