subject: How Do Group Car Insurance Help Your Travel Agency? [print this page] If you are managing a travel agency which is meant for hiring your taxi by the individuals for just a simple purpose then you should manage atleast some 10 to 15 cars so as to manage the customer request. You might take the loan to purchase all these cars what about the insurance you have to pay for all of these cars.
You can go for group policy for all of these vehicles so as to reduce your premium amount. For example if you take a single life insurance policy for assured some of $5000 then you have to pay a high premium than when you select the group policy for which the premium might be say $40000.
The same logic which is applied for life insurance will also apply for car insurance policy when you take the insurance premium for all the cars that you own with a coverage for the drivers too so that you need not pay out of your pocket if something goes wrong with the vehicles when in use.
Ofcourse in order to reduce the premium even further you can set some bonus in a year based on the accidents and the complaints they have against them. This will help the drives drive safely so that your car and the driver along with the customers are at safe there by you get discounts on managing such a good travel agency. Also the money you save in insurance can be paid back to drivers as a bonus for no accidents and no complaints.
The trust between you and the drivers increases and the mutual assignments between the insurer and you also will be at ease and manageable by you. Not only that you will also win customer satisfaction for smooth handling and smooth driving too. Which increases the demand for your company and hence your business will grow.
by: Thomas Smith
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