There is a huge demand for delivery services across the United States. Many people like to have their favorite meal or parcel delivered to their doorstep. Even so, it comes with a high risk to delivery drivers.
Last-mile delivery drivers encounter numerous dangers, including dog bites, collisions, extreme weather, and theft. Moreover, last-mile delivery service is primarily driven by young entrepreneurs with little financial ability to absorb unexpected costs.
To that end, it’s crucial for last-mile delivery drivers to acquire commercial car insurance to protect their service business and financial security.
Speak with a trusted insurance professional today to determine which policy is the best for you.
Coverage of Last-Mile Delivery Insurance
Comprehensive Coverage
Last-mile delivery vans should have comprehensive coverage to cover damage to the car from causes other than collision. It’ll cover damages caused by tornadoes, fire, theft, damage following a break-in, vandalism, or bodily damage from wild animals.
It makes sense to buy a comprehensive cover for your fleet, whether leased or new. The policy will protect you from making out-of-pocket repairs and replacements.
Medical Payments
Most car accidents result in bodily injuries with varying degrees of severity. For example, a victim who has suffered a spinal cord injury in a crash might require emergency care, medication, regular tests, assistive mobility devices, and long-term care.
Here’s a list of common injuries suffered by last-mile drivers in crashes:
- Broken bones and fractures
- Traumatic brain injuries
- Back injuries
- Neck injuries
- Whiplash
- Internal injuries
The right commercial car insurance will shield last-mile delivery companies from having to make medical-related payments for their injuries. It can also cover funeral expenses for yourself, drivers, and anyone involved in a tragic accident.
Property Damage Liability
Property damage liability coverage helps pay for repairs or replacements if you destroy someone’s items— for example, homes, vehicles, lamp posts, walls, and trees. Most states, including California, require you to carry this policy to cover potential damage if you deliver goods.
Uninsured Motorists
Uninsured motorist coverage is an auto insurance policy that pays for property and bodily damage caused by a driver without insurance. It can pay for medical bills, lost wages, pain and suffering, and funeral expenses.
Not all states require drivers to acquire uninsured motorist coverage. However, you take a great risk by driving without it. According to a study by the Insurance Research Council, 12.6% of motorists, or 1 in 8 drivers, were uninsured.
Collision Coverage
It helps pay for repairs or replacement when a vehicle is damaged after an accident with another car, regardless of who is at fault. Collision coverage is unlike property liability damage, which pays for the damage caused to another vehicle or property.
Speak to an Experienced Commercial Car Insurance Provider
Although a last-mile delivery service is profitable, you must be aware of its risks. If you deliver without insurance, you risk losing your investment through collision accidents or other hazards. It’s, therefore, important to insure your business from unforeseen risks.
At Panorama Insurance Agency Northridge, CA, we’ve been in the business for over 50 years, giving us experience you can trust. Contact us online or call us at 818-781-6630 to request a quote.
