Car accidents happen all the time. Getting commercial auto insurance can protect you from spending so much on damages. Don’t wait any longer. Get insured with Elite Insurance Solutions.
As a business owner, you may not have even considered that you need commercial auto insurance; however, in the state of Tennessee, just as it is illegal for someone to drive a personal vehicle without insurance, the same goes for any employee driving one of your business vehicles. One never knows when a car accident may occur, and you do not want to be left without insurance to cover damages to your commercial vehicle, the other party’s vehicle, or even your employee’s own personal automobile if he or she is driving it for work purposes, and let’s not forget the medical expenses if anyone is injured. And, you definitely do not want to end up with a Class C misdemeanor conviction, fines, a suspended license, and/or a hold placed against that vehicle preventing you from renewing its registration — all penalties from the state of Tennessee for not having commercial auto insurance. If you don’t have commercial auto insurance, our agents at Elite Insurance Solutions will be glad to talk to you about our business auto insurance options so you can always be protected, no matter what happens.
Auto Insurance Laws
As stated earlier, Tennessee has very specific laws with stiff penalties when it comes to auto insurance, both personal and business. According to the state of Tennessee Financial Responsibility Law, the driver of a motor vehicle involved in any traffic violation or auto accident must provide proof of financial responsibility to the officer on the scene when he asks for evidence of financial responsibility. This evidence includes an insurance card, a binder, or a declaration of a policy that has been issued by an insurance company. This insurance company must meet the requirements listed in the Tennessee Financial Responsibility Law of 1977. If you are a business owner and do not have commercial auto insurance, you can produce a certificate issued by the Department of Safety stating that a cash deposit or bond has been posted in the amount required by the Tennessee Financial Responsibility Law of 1977. There are several other types of evidence accepted by the state, and these include situations such as a person being qualified as a self-insurer under Section 55-12-11 or the motor vehicle in question was operated by a carrier subject to the jurisdiction of the Department of Safety or the Interstate Commerce Commission or was owned by the United States, the State of Tennessee, or any political subdivision thereof, and the motor vehicle in question was being operated with the owner’s consent.
We at Elite Insurance Solutions are very familiar with this state law and know exactly what commercial auto insurance policy you need to be covered legally, and we can also cover you even more with other policies like collision, medical payments, personal injury protection, and uninsured/underinsured driver. Contact us today, and we will be happy to talk with you and get your commercial auto insurance policy started.