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.
Why do I need commercial bus insurance?
Commercial bus insurance is a special type of cover that protects you, your business and your passengers in the unfortunate event of an accident, theft, damage, or liability claim.
Some examples of the types of vehicles and businesses bus insurance can cover include:
- Tour operators
- Charter bus companies
- School groups
- Sporting and social clubs
- Community groups
Every business is different and an insurance policy takes various factors into consideration including the type of business you run, the size and type of vehicle, the number of passengers you take, and more.
However, as a general guide here is some of the solutions you can typically find in a commercial bus insurance policy:
- Vehicle damage and breakdowns
- Depot property insurance
- Management liability
- Professional indemnity
- Workers compensation
- Passenger insurance
- Commercial building and contents
- Downtime and business interruption
What is charter bus insurance?
The charter bus industry is a changing landscape with frequent regulatory updates and growing competition in the market.
A good charter bus insurance policy has your best interests at heart and protects your business in the event of accidents and incidents that could have a damaging impact on your business and reputation.
What is bus fleet insurance?
Bus fleet insurance is for businesses that own a fleet of ten or more commercial vehicles. It covers damage to the vehicles in your fleet in addition to legal liability as a result of using the vehicles.
How much does commercial bus insurance cost?
A comprehensive bus insurance premium starts from around $1,000 for a minibus doing local charter work. For full-size busses, a premium is likely to start from $2,000.
The factor that has the biggest impact on the premium cost is the purpose of the bus. For example, the premium for an airport transfer bus would be significantly cheaper than an interstate tour bus.
Another important thing to note is that most policies no longer provide excess-free windscreen cover for busses.
Get your bus Insurance quote today
At Truck Insurance HQ, we have over ten years’ experience in the Australian transport and logistics insurance sector. We are part of Australia’s leading insurance experts with access to the most reputable bus insurers in Australia.
Whether you are the owner of a single bus or a commercial coach fleet, we can assist you no matter what type of business you run. Our brokers understand your unique business needs and have the expertise to find the most comprehensive and cost-effective cove
Call our team of friendly brokers for more information on 1300 815 344 or request a quote online.