Ambulance Insurance

An ambulance has sirens and flashing lights that warn and alert the other drivers to clear the way for an emergency. Primarily ambulance services use motor vehicles, but in some cases, aircraft and boats are used.

The ambulance services crew includes a driver and a licensed medic, and it could be one or two.

As the business owner, you are liable for your business, employees, and third parties. To protect yourself from any eventualities, it is essential to invest in the right coverage for your business to protect yourself from lawsuits.

Cost of Ambulance Service Insurance

The cost of general liability insurance for ambulance services depends on the location, the number of vehicles, experience, claims history, payroll, revenue, and the number of employees.

Do Ambulance Services need Insurance?

Ambulance services work round the clock, providing medical services and saving lives. Time is of the essence in saving lives, and in the moment of rushing through traffic, anything can go wrong instantly. Sometimes ambulances are involved in accidents, or one of your employees can sustain an injury, and essentially there could be property damage at your office, etc.

Paying for these damages out of pocket can be an expensive affair that can lead to heavy financial losses.

Having the right insurance coverage can protect you from such serious risks.

Types of Insurance for Ambulance Services

Some of the key policies that an ambulance service should carry include

Commercial General Liability

Suppose someone sustains an injury while at your facility; this insurance will pay for the related expenses. It covers third-party bodily injuries and damage to property.

Commercial Auto

If your ambulance is involved in an accident, the policy will cover the cost of vehicle repair and the damages to the other vehicle. It also covers injuries sustained by your driver and other persons on the road.

Workers Compensation

The policy covers work-related injuries sustained by your driver or medic. It covers their medical bills and income lost during the treatment.

Commercial Property

This policy covers your business facility and the contents inside in case of a fire, theft, vandalism, or natural disasters, excluding floods. It pays for the repair and replacement of the facility and the contents. It is advisable to add flood insurance coverage if your business is based in a flood-prone area. Commercial property does not cover damage by floods.

Contact a reputable insurer to find out the specific types of insurance coverage needed for your business.