Melbourne, Fla.—When you own a business you may require some of the same insurance coverages that you use for personal travel vehicles on your business’ cars, trucks, vans or other vehicles. Your Businessowners Policy (BOP) does not provide any coverage for vehicles, so you must have a separate policy.

Most states require you to purchase liability insurance for bodily injury and property damage that may result from a vehicle accident occurring while you or someone from your organization is driving on business. Many states also require you to have uninsured/underinsured motorists coverage and/or medical payments coverage (known as Personal Injury Protection (PIP) in some states). You can also purchase physical damage coverage for vehicles your business owns, leases or hires.

Commercial vehicles require a separate policy because they’re typically exposed to more risk than personal vehicles. Commercial auto insurance isn’t just for industrial vehicles like semis or dump trucks. For example, businesses that use a car to run errands, carry tools or transport clients might also need a commercial auto policy.

The types of vehicles usually covered include but are not limited to:

  • Electrician

  • Janitorial or Cleaning

  • Landscaping

  • Plumbing

  • Painting

  • Handyman

  • Roofing

  • Construction

  • Remodeling

  • Granite and kitchen Installers

  • Pest Control

  • Carpenters

  • Floor Installers

  • Delivery

  • Restaurants

  • Food Trucks

  • Schools

  • Church

  • Car wash and detailing, and more.

There are three basic parts of every commercial auto insurance policy:

  • Physical damage insurance − includes collision and comprehensive coverage

  • Liability insurance − includes bodily injury, property damage, uninsured motorist and underinsured motorist coverage

  • Other coverage − includes medical payments, towing and labor, rental reimbursement and auto loan or lease gap coverage

WHAT IS COVERED?

Bodily injury liability coverage – pays for bodily injury or death resulting from an accident for which you are at fault and in most cases provides you with a legal defense.

Property damage liability coverage – provides you with protection if your vehicle accidently damages another person's property and in most cases provides you with a legal defense.

Combined single limit (CSL) – Liability policies typically offer separate limits that apply to bodily injury claims for property damage. A combined single limits policy has the same dollar amount of coverage per covered occurrence whether bodily injury or property damage, one person or several.

Medical payments, no-fault or personal injury coverage – usually pays for the medical expenses of the driver and passengers in your vehicle incurred as a result of a covered accident regardless of fault.

Uninsured motorist coverage – pays for your injuries and, in some circumstances, certain property damage caused by an uninsured or a hit-and-run driver. In some cases, underinsured motorist coverage is also included. This is for cases in which the at-fault driver has insufficient insurance.

Comprehensive physical damage coverage – pays for damage to your vehicle from theft, vandalism, flood, fire, and other covered perils.

Collision coverage – pays for damage to your vehicle when it hits or is hit by another object.

Discover a full-service provider of commercial insurance products, and services for trucking and commercial auto insurance. We invite you to review our programs: Truck, public transportation, and commercial specialty auto.

Contact one of our local commercial/truck insurance agents from Melbourne Truck Insurance to find out what options are available for your trucking and transportation business in the Palm Bay area, and help you start saving on the protections needed to keep it always afloat. We have the products and underwriting experience that meet the insurance needs of your business.






SAHARI FUENTES

CLIENT SERVICE ADVOCATE

Bilingual:

English | Spanish

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Melbourne, Fla.—As the Florida Space Coast keeps gaining popularity throughout the new space exploration era, especially now that we are living times when space tourism is becoming a reality, now you you don’t have to be a rocket scientist to be a part of this evolution. Although extremely costly at this time, one thing is for certain, space has always been the inspiration for the next generation of innovators and creative thinkers. Architects of new ideas in this era will inspire many more and just like any other innovation, will eventually become more, and more available to make this era one of positive benefit for all, while making opportunities inclusive to all.

Did you know? One of the reasons why Cape Canaveral was chosen to be as a launch spot is because of how close it is to the Atlantic Ocean. Since the Earth rotates eastward, not only would the object being launched get a nice boost from the Earth’s spin, the object would have the advantage of flying over the ocean, minimizing the risk of having any debris dropping or exploding near people. Also, with the amount of energy needed to launch an object—Cape Canaveral lies 28 degrees latitude above the equator. Being closer to the equator creates more kinetic energy, which helps rockets use around 0.3 percent less energy, thus making it more fuel efficient and less expensive.


There are a myriad of opportunities created every day for transportation businesses in the surrounding areas of Florida’s Space Coast. Taking the tourism sector alone— combining all the attractions created by the rocket launches, NASA, the Kennedy Space Center added to all the Port Canaveral’s cruise ship traffic and tourists looking to make the most of their stay, including visits to Daytona and historic Saint Augustine, and much more— which creates the perfect conditions for full-service chauffeured transportation companies with vehicle options from luxury sedans, SUV's, executive vans, and stretch limos, and passenger buses.

Food trucks popularity continues to grow— customers continue to ask for more because #foodtruck offerings gave them an upscale taste and an inexpensive price. Areas with increased tourism traffic can benefit from that.

And last, but not least, cargo operations are a priority for Port Canaveral, serving a region with an economy that continues to diversify and a population growing at a rate three times the national average. Improving #PortCanaveral cargo capabilities with a focus on maximizing the assets to build and expand an ability to lower costs and capture new business opportunities is part of this prioritization plan.

With unique local aerospace programs, a diverse manufacturing community and a growing regional population, cargoes through Port Canaveral range from specialized industrial machinery, aerospace components to massive defense-related items. At Melbourne Truck Insurance, we understand the many challenges you and your company needs to deal with on a daily basis.

Contact one of our local commercial/truck insurance agents to find out what options are available for your trucking and transportation business in the Palm Bay area, and help you start saving on the protections needed to keep it always afloat. #Melbourne Truck Insurance has the products and underwriting experience that meet the insurance needs of your business.



HECTOR PEREZ


PRODUCER



Hector is a licensed insurance agent with vast experience as a Transportation Specialist.

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Melbourne, Fla.—At times when ordering food from your favorite food truck may be your best option to eat out your favorite dishes while maintaining social distance more and more restaurant businesses are hoping on the bandwagon offering both options.

Some restaurant owners consider to start their business as food truck because they find it a low-overhead way to get started and then evolve into a full restaurant operation. But getting a food truck off the ground is not inexpensive. Food trucks need to be insured just like your personal vehicles. In fact, in order to have a permit to operate in your city, you may be required to purchase a certain amount of insurance coverage, and Food truck insurance can be more complicated than the commercial auto policy for your other vehicles used for business purposes.

The food truck insurance needs for your business will depend on different factors like:

  • Location

  • The kind of business

  • Type and level of risk of the required equipment to prepare food

A food truck that prepares grilled or fried foods can expect their rate to differ from a truck that sells prepackaged goods. The grills and fryers expose the business to additional risks. Every insurer has its own way of determining how much your food truck insurance costs. Many of the factors they consider are characteristics of your business, such as:

Business location: Frequenting high-crime areas or only working street fairs, for example, can impact your premium.

Business property value: Not only do you have to insure your food truck and any permanently attached equipment, but you may also need coverage for the other items inside the truck.

Employee payroll: Workers’ compensation premiums are based on payroll costs and the types of work that employees perform.

Businesses that commonly need food truck insurance include:

  • Mobile food trucks

  • Lunch trucks

  • Catering trucks

  • Concession trucks

  • Vending trucks

  • Ice cream trucks

In general, food truck owners should anticipate needing several types of coverage. For example, Food truck operators often make the mistake of thinking that their businesses are too small to get sued, but in fact, small businesses take the most heat from litigious clients. Protecting the investment you've made in your business requires a comprehensive food truck insurance policy that protects your business from perils.

The key insurance coverages needed for a food truck operation are Commercial Auto, Business Property, General Liability, and Workers’ Compensation. Covered claims may include slip and fall accidents, illnesses caused by your food product, or equipment loss.

At Melbourne Truck Insurance, we understand the many challenges you and your company needs to deal with on a daily basis. Food Truck and commercial vehicle insurance should not be one of them.

Contact one of our local commercial/truck insurance agents to find out what options are available for your trucking and transportation business in the Palm Bay area, and help you start saving on the protections needed to keep it always afloat. Melbourne Truck Insurance has the products and underwriting experience that meet the insurance needs of your business.


OSCAR PACHECO

LICENSED AGENT


Trucking Specialist

Bilingual: English | Spanish

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