Private Schools Save Big on Commercial Auto Insurance
Why Private Schools Can Save Big
Private schools have unique characteristics that can lead to lower insurance premiums. For instance, they often have well-maintained vehicles and experienced drivers, which can reduce the risk of accidents. Additionally, many insurance providers offer discounts for schools that implement safety programs and driver training courses. By browsing options and visiting websites of various insurers, schools can compare and select policies that offer the best value.
Moreover, schools that consolidate their insurance needs with a single provider often benefit from multi-policy discounts. This means that by bundling commercial auto insurance with other policies like property or liability insurance, schools can achieve substantial savings. According to industry data, bundling can lead to discounts ranging from 10% to 20%1.