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Downtime Insurance: Understanding Coverage in Commercial Vehicle Policies
Business owners who rely on commercial vehicles face various risks and challenges in their day-to-day operations. From accidents and breakdowns to unexpected repairs, any downtime can result in significant financial losses for your business. That's where downtime policies come into play. If you are in the business of fleet operations or your company relies on commercial vehicles in order to work, adding downtime insurance on your policy can assist in lost earnings resulting from an inoperable commercial vehicle.
As a business owner, you set your focus on growth: larger contracts, more customers, and upgrades to your equipment and services. As your business expands, it is important that your insurance policy does the same.