A property damage claim may also be filed by a third party against your company. They may site a personal injury if they get injured. It happens when an employee slips and falls while making a delivery. Note that it’s also possible a lawsuit could be filed against you as the owner or operator of the vehicle. Not to mention that it may also result in damage to the items that the truck or van are carrying. For example, a driver could skid out after getting caught on an ice patch, damaging someone else’s property as a result. There’s also an accident risk besides the risk of theft. The bad news is that there’s always a chance for something to go wrong no matter how many precautions are in place.Ĭriminals often target higher-end luxury vehicles because they’re known to carry valuable items. It’s true, no matter what type of things your armored car moves. People trust you to deliver their items to their intended destination safely. Armored Car Insurance: Is It Really Necessary? Read on to find out why armored cars need insurance and know what types of insurance policies are available that can help you safeguard your vehicle. There’s a need to ensure that your vehicle is insured if you want protection from those risks. Simply saying, car owners and operators may face many risks. And it’s the responsibility of the person who owns and operates the armored vehicle business. There’s a need to ensure that whatever item that an armored car transports will arrive at their destinations safely.
That’s why a more secure environment for them and the vehicle itself during moving is crucial. Increased theft has been recorded around these items in recent years.
The armored car industry even transports pharmaceuticals, gadgets, and fine arts. In addition to coins and cash, armored vehicles move many other items, including bullion, gems, and jewelry.
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