There is little doubt that these are hard economic times. Banks and insurance companies are the highest recipients of federal bail-out money. And the Big Three auto makers aren't far behind. These times make the need to spend wisely and frugally top on the list of most businesses, small and large alike. Things like shopping for affordable business auto insurance is of greater and greater importance.
A business that uses a fleet of vehicles generally has an ongoing relationship with a car company and insurance company. And this spring and summer of 2009, those relationships will be in a greater state of flux than at any time before in history.
The Internet, with its ability to deliver instant quotes on business auto insurance, will do nothing but make it harder for things to stay the same. As much as some would like things to remain the same - they have changed and will never be the same.
The bitter taste left behind by the downfall of the insurance giant, AIG has done little to calm the fears of business owners faced with fewer options for business auto insurance. There is little doubt that premiums will rise, perhaps more drastically than ever before. Could the company afford to get coverage if it added some to the fleet? Or will it be left hanging with increased exposure to risk?
What about the small business owner, or the person who is in a job that allows them to take a deduction for their car expenses. What does this turmoil in the American auto industry and in the insurance mean for them? It means that there is opportunity and danger. Are you going to be purchasing or leasing a new vehicle? That only complicates the situation.
As the restructuring of the Big Three moves forward - particularly for General Motors and Chrysler, less so for Ford - the product loyalty factor will become less important, meaning many new car and truck buyers will be looking at models they never considered before. For the business decision maker, particularly in the SOHO market, the loss of confidence in the business auto and subsequent insurance market will be disruptive of previous business practice. It is in assisting the business vehicle buyer with business vehicle insurance data that shopping online will prove the value. Due diligence in the business vehicle insurance decision making process is best done online.
The watchword for 2009 in business is due diligence. And for those whose bottom line is affected by business auto insurance rates, due diligence can only be efficiently accomplished online. For those who have to buy or lease a vehicle this year, online quote facilities allow you to check rates on any kind of car, any year, and you will have to do this in the face of the turmoil over on-going vehicle maintenance with companies that are discussing bankruptcy.
A business that uses a fleet of vehicles generally has an ongoing relationship with a car company and insurance company. And this spring and summer of 2009, those relationships will be in a greater state of flux than at any time before in history.
The Internet, with its ability to deliver instant quotes on business auto insurance, will do nothing but make it harder for things to stay the same. As much as some would like things to remain the same - they have changed and will never be the same.
The bitter taste left behind by the downfall of the insurance giant, AIG has done little to calm the fears of business owners faced with fewer options for business auto insurance. There is little doubt that premiums will rise, perhaps more drastically than ever before. Could the company afford to get coverage if it added some to the fleet? Or will it be left hanging with increased exposure to risk?
What about the small business owner, or the person who is in a job that allows them to take a deduction for their car expenses. What does this turmoil in the American auto industry and in the insurance mean for them? It means that there is opportunity and danger. Are you going to be purchasing or leasing a new vehicle? That only complicates the situation.
As the restructuring of the Big Three moves forward - particularly for General Motors and Chrysler, less so for Ford - the product loyalty factor will become less important, meaning many new car and truck buyers will be looking at models they never considered before. For the business decision maker, particularly in the SOHO market, the loss of confidence in the business auto and subsequent insurance market will be disruptive of previous business practice. It is in assisting the business vehicle buyer with business vehicle insurance data that shopping online will prove the value. Due diligence in the business vehicle insurance decision making process is best done online.
The watchword for 2009 in business is due diligence. And for those whose bottom line is affected by business auto insurance rates, due diligence can only be efficiently accomplished online. For those who have to buy or lease a vehicle this year, online quote facilities allow you to check rates on any kind of car, any year, and you will have to do this in the face of the turmoil over on-going vehicle maintenance with companies that are discussing bankruptcy.
About the Author:
Are you in the need of car insurance? The internet has totally changed the landscape of the car insurance industry. Get online quotes for car insurance and find out about where to buy auto insurance online at http://onlinequotesforcarinsurance.com today.
No comments:
Post a Comment