May 18, 2011

The Best Car Insurance Options For Frequent Business Travelers

Car insurance companies follow a very simple rule when assessing collision risk — the higher the mileage, the higher the risk. According to such a rule, a frequent business traveler often ends up classified among the high risk customers. A person using a personal vehicle for business purposes can easily file a claim on his personal car insurance policy. However, it is advisable to check out other car insurance options because long distance business travel on a frequent basis can send premiums through the roof.

Is it essential to use one's own automobile? If not, one can easily opt for rental automobiles. It is not necessary to choose the insurance policy offered by the rental company. Nine times out of ten, such companies purchase inexpensive coverage and sell it at a very high profit. Instead, it makes sense to independently check out non owner car insurance. This is one of the best car insurance options for the frequent business traveler.

By opting for rental cars, one can easily reduce the premium rise that results from frequent travel use of a personal automobile. Secondly, the option of choosing non owner car insurance will help the frequent business traveler enjoy more options. All it takes is a bit of research on the internet through online quotes to identify numerous insurance providers offering this service.

A business traveler can assess certain risks on the basis of his destination. Traveling on a freeway in a disciplined manner actually reduces risk of collisions. On the other hand, a business trip that involves travel in commercial and urban areas for long durations significantly increases the risk of collisions due to bumper-to-bumper traffic.

Staying in hotels may easily lead to damage caused by the valet or assistants. All these points can be considered before choosing the right non owner automobile insurance. Going in for third-party protection only out of the numerous car insurance options available will help reduce premium outflow. On the other hand, choosing comprehensive insurance may make more sense if the frequent business traveler intends to stay on the road for a longer duration.

It is advisable to compare the cost of the standard insurance policy with that of the policy sold by the rental company along with cost of independent non owner car insurance offered by a third-party service provider.

Other standard options to reduce premium continue to be available. Paying the premium in lump sum, undergoing a defensive driving course, trying to reduce the number of miles to the lowest possible –these are some options that even a frequent business traveler can try. Installing additional safety devices will work only if one is traveling in a personally owned automobile.