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Because certain companies and industries rely heavily on vehicles to conduct business, they should look at company car insurance as a means of keeping costs down. (Credit: Freedomz/ Shutterstock) Because certain companies and industries rely heavily on vehicles to conduct business, they should look at company car insurance as a means of keeping costs down. (Credit: Freedomz/ Shutterstock)

Vehicles play a sizeable role in the business operations of virtually all companies and industries. Some companies have designated vehicles for employees to meet and interact with existing and potential clients; delivery companies rely on vans and trucks to provide goods and services; hotels provide complimentary shuttles — the possibilities are endless. But just like the average individual who might rely on their car to get from point A to point B, there are risks that threaten company vehicles. This is where company car insurance comes into play.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

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