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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.

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Denny Jacob

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

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