Livery Insurance

For livery bus drivers, having the right insurance coverage is crucial due to the nature of their business, which involves the transportation of passengers. Here are some of the key types of insurance coverages they typically need:

1. Commercial Auto Liability Insurance: This is a fundamental coverage that protects against bodily injury and property damage caused by the bus. It's legally required in most places.
2. Physical Damage Coverage: This covers damage to the bus itself, whether from an accident (collision coverage) or other risks like fire, theft, or vandalism (comprehensive coverage).
3. Passenger Liability Coverage: This is critical for livery services as it covers injuries to passengers. It's sometimes a separate policy or an added part of the general liability coverage.
4. Uninsured/Underinsured Motorist Coverage: Protects the business if the bus is involved in an accident with a driver who doesn't have adequate insurance.
5. General Liability Insurance: This covers incidents that occur off the vehicle, like a passenger slipping and falling while entering or exiting the bus.
6. Workers' Compensation Insurance: If the livery bus company employs drivers, this insurance covers medical costs and lost wages if an employee is injured while working.
7. Garage Liability Insurance: If the business includes a facility where buses are maintained or stored, this insurance covers liability for operations on-site.
8. Umbrella Insurance: This provides additional liability coverage beyond the limits of the primary policies.

It's important for livery bus operators to work with an insurance professional to ensure they have the appropriate coverage for their specific operations, as requirements can vary based on location, the size of the fleet, and the nature of services provided.