One of the aspects of having a vehicle or a fleet of vehicles for your business is having the right type and amount of insurance coverage. You have to first meet the state guidelines, but you also have to consider any extras that you might want to tack on to your coverage to make sure you are protected at a level that makes you comfortable. When it comes to commercial auto insurance in NJ, it can be used in industries like lounges, bars, restaurants, and other businesses that provide valet and food delivery services. What are the basic types of coverage you will need for your commercial vehicle needs.

General Liability

What is general liability coverage? This insurance coverage category is has to do with protecting you in case of lawsuits and other legal issues. Garagekeepers Legal Liability is one of the types of liability coverage you can expect from commercial auto insurance. This kind of coverage can protect you if an employee happens to cause damage to a customer’s vehicle, or if it gets vandalized or someone breaks into it. Things can happen if you offer valet services, so always make sure your valets lock the doors of the cars they park to prevent break in problems. Consulting with an insurance agent will help you find out how much liability you will need for your commercial vehicle(s).

Theft Coverage

Theft is a serious crime, but that does not stop everyone from stealing cars. Theft insurance coverage is another type of coverage that is crucial to your vehicle(s). Theft insurance covers not only the theft of a vehicle, but also money or valuables found in cars. Unfortunately, even your valets may be tempted to fall into the trap of thievery which means you should be covered just in case. One way to prevent this problem is to run thorough background checks before you hire your team of valets. This coverage is also good for covering other theft and losses.

You must carry the right amount and types of coverage for your commercial vehicle(s) in the state of New Jersey. Finding a quality provider that can find you the best coverage at competitive rates for commercial auto insurance in NJ is important to your budget. RSI Insurance can help you with all your commercial auto coverage needs and other insurance related to the hospitality industry.