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Understanding the Importance of Tour Bus Insurance

Whether your company consists of one tour bus or an entire fleet, you need to have the proper insurance plan in place. The right sightseeing tour bus insurance policy can protect your company in the event of an accident.

Risks

There are various risks involved with transporting people in a tour bus, such as:

  • Collisions
  • Property damage
  • Slip and fall
  • Lost property or theft

There are ways for you to minimize certain risks, such as installing handrails and slip-resistant flooring and asking passengers to remain seated while the vehicle is in motion. However, accidents can still occur.

Basic Coverage Options

Each state has its own requirements regarding insurance plans, but your tour but insurance policy should cover the basics, including:

  • General liability
  • Workers’ compensation
  • Auto liability
  • Property damage
  • Uninsured or underinsured drivers
  • Medical payments

The amount of coverage you need to carry depends on the region, the size of your tour bus and the scale of your company. You should make sure that you have enough coverage to protect your company in the event of an accident.

Ensuring that you have adequate insurance coverage is an important part of running a business. Failing to have the proper coverage can result in costly payouts that may seriously hamper your business operations.