- What is it?
Bus insurance might offer California bus operators financial protection if there happens to be an accident.
- Who’s it for?
- Coach bus operators
- Charter bus operators
- School districts
- Tour companies
- What is offered?
- Personal Injury Protection
- Medical Payments Coverage
- Bodily Injury Coverage
- Collision Coverage
Bus Insurance in California
We can offer the following insurance products:
Here are just some of the business types we can help with:
- Airport Shuttles
- Charter
- Sight-seeing
- Schools
- Non-profits
- Hotels
- Limousine
- And More…
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What is Bus Insurance?
Bus operators are exposed to significant potential risks, for the damage and injuries that could occur during an accident are substantial. Bus insurance isn’t able to prevent an accident from happening, but it might offer California operators financial protection if there is one.
Bus insurance is specialized commercial vehicle insurance for bus operators. Insurance companies consider the size and passenger capacities of buses when underwriting these policies, which is partly what makes these policies unique.
What California Businesses Need Bus Policies?
Most organizations that operate buses in California ought to have a bus policy in place, for insurance is generally required and this tends to be the most appropriate type of insurance for buses. A few examples of organizations that might operate buses are:
- Coach bus operators
- Charter bus operators
- School districts
- Tour companies
In some cases, businesses that have full-size vans need insurance coverages similar to what bus policies offer. Whether a bus or other vehicle insurance is best for a company-owned van depends on the specifics of the vehicle and situation, however. An insurance agent who specializes in bus policies can help businesses determine what type of policy they should purchase.
What Coverages Are Available Through Bus Policies?
Bus policies typically come with multiple coverages so that the policies can provide robust protection. Some coverages that are commonly made available include:
- Personal Injury Protection: May cover injuries to a bus’s passengers
- Medical Payments Coverage: May cover medical costs related to passengers’ injuries
- Bodily Injury Coverage: May cover injuries to persons not on a bus
- Collision Coverage: May cover bus damage that occurs during an accident
- Comprehensive Coverage: May cover bus damage occurring during other incidents
- Property Damage Coverage: may cover damage to others’ property
- Underinsured/Uninsured Motorist Coverage: May cover accidents involving uninsured drivers
When considering each of these coverages, personal injury protection (PIP) and medical payments deserve special attention. An experienced insurance agent can help bus operators consider what the liability resulting from multiple passenger injuries could be, and select limits for these coverages accordingly.
Do Bus Operators Need Workers Compensation?
California generally requires businesses that have employees to carry workers compensation coverage, which covers most workplace injuries. Bus operators usually have to carry the coverage.
Whether workers compensation is included within a bus policy depends on the particular policy, though. It’s sometimes purchased with a bus policy, and other times it’s acquired through a separate, stand-alone policy. Either way, an insurance agent who’s familiar with bus policies can likely also assist with finding workers compensation.
How Much Are Premiums for Bus Policies?
Bus policy premiums vary, because they’re based on many different factors. Premiums are frequently impacted by the following:
- How many buses an operator owns
- How many passengers each bus holds
- How many miles each bus is driven annually
- How long drivers have had commercial licenses
- Whether drivers have recently been in accidents
- Where a bus operator is located
- Where a bus operator serves
In some cases, whether children and/or wheelchairs are taken onto a bus can also have a noticeable effect on premiums.
To find out how much insurance will cost in a particular situation, bus operators can talk with an independent insurance agent. Whereas captive brokers are typically obligated to promote a specific insurance company, independent brokers don’t have any such obligation. Independent brokers are able to request and compare quotes across insurance companies, which makes seeing coverage and cost differences easy.
How Can Bus Operators Get Bus Insurance?
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