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If your company relies on vehicles to conduct business, you’re probably looking for ways to reduce the overall cost of commercial auto insurance. Lower costs mean higher profit margins, which will make it easier to expand into larger markets and increase profits. At Comaltex Insurance Agency Inc in New Braunfels, TX, you will find affordable coverage options for your residential and commercial needs.

Here are three tips for managing the cost of commercial auto insurance:

  • Review Your Employees’ Driving Records: Driving records directly influence insurance premiums. Make sure your employees follow all rules of the road when operating your vehicles, and consider hiring individuals with commercial driving licenses, even if they aren’t required in your particular industry.
  • auto insuranceNever Let Coverage Lapse: Continuous coverage is critical if you want to protect your business and cut costs. When insurance coverage lapses, new providers are more likely to charge a higher rate because they expect to see proof of prior coverage.
  • Inquire About Any Available Discounts: Satisfied customers are critical to the success of any insurance provider, and many companies offer a discounted rate to customers who fall under certain categories. For example, some providers give discounts to companies who pay their bill in full while others offer lower premiums to those who have been in business for a certain number of years.

Additional ways to manage the cost of auto insurance include maintaining a decent credit score and considering the price of any finance fees.  If you want to enroll in affordable auto insurance for your business, turn to Comaltex Insurance Agency Inc in New Braunfels, TX. Visit the website to learn more about the various types of business insurance offered, and call (830) 625-7511 to enroll in an affordable commercial auto insurance plan today.

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