Insurance for your limo business is generally divided into liability insurance, which is insurance for the damage your limo might cause to others, and collision and comprehensive insurance, which covers damage to your limo company�s assets. While liability is usually all that is required, purchasing limo liability insurance alone leaves you responsible for all repairs to your limo. Full collision and comprehensive insurance can be essential to getting your vehicles back on the road quickly and cost-effectively. A licensed insurance professional will be able to help you decide which coverage options are best for your limo business.
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