Commercial Auto Dealers

With all of the talk about hybrids and trucks, you might be wondering where GMC fits into the equation. When you hear the word “hybrid,” other companies typically come to mind. But that doesn’t mean GMC isn’t creating hybrids.

As a matter of fact, GMC is the leader in hybrid vehicles if you’re looking for trucks or full-sized SUVs. During the first quarter of 2008, the automaker sold nearly 850 hybrid vehicles and about 80 percent of those were large trucks. That’s going to change, though.

GMC is trying to increase its hybrid sales in order to compete with the other automakers. According to Eric Fedeva, GMC is going to be a serious contender in the hybrid market in the next few years. He expects the automaker to produce upwards of 50,000 hybrid models this year alone. That would be more than double the number the company made last year!

Currently, GM is producing five full hybrid vehicles. But the automaker plans to introduce three more later this year. And when the company does start producing more hybrids, it will undoubtedly attract more customers because of the popularity of trucks and full-size SUVs. With all of these things going on, there’s never been a better time to visit your local GMC truck dealer and see the fuel-efficient options available for you.

If you are purchasing a limo for personal use, then you may be able to insure as an extra vehicle on your personal auto insurance policy or through a specialty car insurance company. If you will be using the vehicle commercially, however, then you will need specialized business insurance. The insurance package that you select will depend on your needs. Provided here is a brief overview of some common limo insurance considerations.

Coverage Options
A limo is a specialized vehicle with unique considerations. You will obviously need to purchase insurance to cover the vehicle’s value as well as liability insurance. If you have employees, you will also need workers compensation insurance. If you carry passengers, you will need business insurance.

However, this basic coverage may not be enough. If you have special equipment installed, such as a TV, VCR or bar, you might want to consider insuring those items as well. You will also need to purchase insurance that will cover your customers’ and employees’ personal property and medical expenses in the event of an accident. You can even purchase insurance that will cover the cost of returning your limo to you if it is stolen and then recovered.

Combining Insurance Products
Although many of the above mentioned products are not strictly automobile insurance items, you may want to consider putting together a single package. This can often net significant discounts. Look online for companies that specialize in limo insurance products.

The Bottom Line
The precise insurance products you need will depend on your state laws and individual needs. Look for a specialized limo insurance company that is familiar with the laws of your state. He or she can help you find the insurance package that is best for you.