Business Auto Insurance - Buy Auto Insurance Online
There's no denying that we're in a deep economic slump. Unemployment rates have passed the 8.5% mark for the first time since the early Eighties. The financial institutions - banks and insurance companies - hog the bail-out trough. And second to them are the automakers. All of this complicates the issues that must be taken into account when making tough economic decisions for your business, including tasks like shopping for business auto insurance.
How many companies have built up a good relationship with a car company over the years? And many of those businesses will now have to reconsider buying, for example, General Motors products with the company possibly headed for bankruptcy as early as June 1st.
The Internet, with its ability to deliver instant quotes on business auto insurance, will do nothing but make it harder for things to stay the same. As much as some would like things to remain the same - they have changed and will never be the same.
The bitter taste left behind by the downfall of the insurance giant, AIG has done little to calm the fears of business owners faced with fewer options for business auto insurance. There is little doubt that premiums will rise, perhaps more drastically than ever before. Could the company afford to get coverage if it added some to the fleet? Or will it be left hanging with increased exposure to risk?
What about the small business owner, or the person who is in a job that allows them to take a deduction for their car expenses. What does this turmoil in the American auto industry and in the insurance mean for them? It means that there is opportunity and danger. Are you going to be purchasing or leasing a new vehicle? That only complicates the situation.
With the Big Three having to totally revamp their product line-ups, many businesses will be considering autos and trucks of makes and models they are unfamiliar with. One will not be able to use the same familiar process that has been used for years in buying and insuring new business vehicles. And this will also be true for the employees who uses their own car for company business. Product familiarity is, in car purchases, a huge factor. Product churn in an industry a very disruptive force, and that churn is going to be huge over the next year and possibly well beyond that.
Word from General Motors is that the company may go into Chapter 11 as of June 1st. Does this mean that you, as a small business owner, are going to have to reconsider your decades long attachment to General Motors automobiles and trucks? Will more expensive hybrid or fuel-saving features factor into the cost of insurance? Whichever decision you come to may boil down to ongoing insurance costs. The Internet is the only way to get the wide range of business auto insurance quotes that you are going to need as you do your due diligence. - 21396
How many companies have built up a good relationship with a car company over the years? And many of those businesses will now have to reconsider buying, for example, General Motors products with the company possibly headed for bankruptcy as early as June 1st.
The Internet, with its ability to deliver instant quotes on business auto insurance, will do nothing but make it harder for things to stay the same. As much as some would like things to remain the same - they have changed and will never be the same.
The bitter taste left behind by the downfall of the insurance giant, AIG has done little to calm the fears of business owners faced with fewer options for business auto insurance. There is little doubt that premiums will rise, perhaps more drastically than ever before. Could the company afford to get coverage if it added some to the fleet? Or will it be left hanging with increased exposure to risk?
What about the small business owner, or the person who is in a job that allows them to take a deduction for their car expenses. What does this turmoil in the American auto industry and in the insurance mean for them? It means that there is opportunity and danger. Are you going to be purchasing or leasing a new vehicle? That only complicates the situation.
With the Big Three having to totally revamp their product line-ups, many businesses will be considering autos and trucks of makes and models they are unfamiliar with. One will not be able to use the same familiar process that has been used for years in buying and insuring new business vehicles. And this will also be true for the employees who uses their own car for company business. Product familiarity is, in car purchases, a huge factor. Product churn in an industry a very disruptive force, and that churn is going to be huge over the next year and possibly well beyond that.
Word from General Motors is that the company may go into Chapter 11 as of June 1st. Does this mean that you, as a small business owner, are going to have to reconsider your decades long attachment to General Motors automobiles and trucks? Will more expensive hybrid or fuel-saving features factor into the cost of insurance? Whichever decision you come to may boil down to ongoing insurance costs. The Internet is the only way to get the wide range of business auto insurance quotes that you are going to need as you do your due diligence. - 21396
About the Author:
Are you in the market for auto insurance? The internet has forever altered the look of the car insurance industry. Get online quotes for car insurance and find out about where to buy auto insurance online at http://onlinequotesforcarinsurance.com today.
posted by X - Men @ 1:13 AM
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