What Do You Need to Know about Bus Insurance?
When you work in the commercial bus or coach industry, you face unique risks and have a duty of care to ensure that all of your passengers are safe. Theft and damage to your vehicle can also interrupt your business, costing you time and money that you can’t afford. A commercial bus insurance policy covers your tracks so you can run your business with confidence.
How Does Bus Insurance Work?
Buses are utility vehicles carrying passengers. Bus insurance policy coverages have similar features to other car insurance policies. These features are:
- Coverage for bodily injury or death of the driver.
- Coverage of legal liability following the death and injury of a third party (passengers, pedestrians, etc.)
- Property damage coverage, regardless of who was at fault at the time of the accident.
- Coverage for damage or loss of the vehicle such as theft, vandalism, glass breakage, fire, etc.
Some guarantees offered are more specific. Professionals in the transport of people are required to take out additional guarantees to protect their activity
- Cargo insurance
- Specific support in the event of a problem
- Tire warranty
How Much Does It Cost?
Bus insurance prices vary widely depending on the size of the bus, what it’s used for, and other factors. Here are some factors that determine insurance for buses rates:
- The number of buses covered.
- The number of seats per bus.
- Driving record and experience of the drivers.
- The number of miles your bus has traveled in a year.
- The insurance company you choose and the discounts that are available at the time of subscription.
Insurance for Buses/ Coaches in Australia
Bus transportation in Australia is the most economical means of transport. There is the public bus transport system, luxury interstate coaches, airport shuttles, private hire buses, and many more. Operators of buses are required to have bus insurance to cover the many risks. They may encounter on the road involving passenger safety and public safety.
When purchasing insurance for buses, it’s important to work with an agent who truly understands the charter transportation industry. The charter industry has undergone many changes in recent years, with strengthening and increased competition from new national companies. State and federal regulators continue to place additional requirements on charter bus companies, making it harder to do business.
More than ever, it’s essential for business owners to work with a trusted partner because they can provide insurance policies and advice on how to best navigate the changing passenger transport landscape.
Contact Experienced Bus Insurance
Truck Insurance HQ is here to help you find the best bus/coach insurance to suit your needs. We specialize in insurance for bus proprietors and can help you obtain the most affordable bus insurance to give you 24/7 protection from all types of risks. We will also assist you in identifying those risks and getting you the right cover specifically for your business.
Our advisers have experience in bus, school bus, and tour coach insurance. We understand the needs of bus operators. We can help you manage your risks with effective insurance products that give value to your money.
Our specialist team will get a bus insurance quote online to best suit your situation. Call us today at 1300 815 344 or click on the button below to get a FREE quote
Leave us a message