Ford Pro Insure Expands Commercial Auto Coverage to Small Businesses in Pennsylvania and Texas

Ford Pro Insure Expands Coverage to Pennsylvania and Texas

In major news for small businesses, Ford Pro Insure has officially expanded its commercial auto insurance coverage to Pennsylvania and Texas. This new option is expected to benefit over 4 million small enterprises in these states, providing them with a more tailored insurance solution specifically designed for their vehicle fleets.

Understanding Ford Pro Insure

Ford Pro Insure, underwritten by The American Road Insurance Company (TARIC) and powered by Pie Insurance, is designed with the unique challenges of small businesses in mind. As businesses increasingly rely on vehicle fleets for operational success, having an insurance policy that offers both traditional and usage-based options is crucial. Craig Carrington, Ford Credit's Executive Vice President of Operations and Insurance, states, "We’re making fleet management easy with Ford Pro Insure... for businesses with fleets of Ford or other vehicles."

This comprehensive coverage is built not just to safeguard vehicles, but also to integrate seamlessly with Ford's suite of services. These services include vehicle financing, software, and charging solutions, all of which aim to streamline fleet management for businesses.

Features of the Policy

The Ford Pro Insure policy encompasses various commercial vehicles purchased through Ford Pro as well as other channels. Essential to this policy is the inclusion of usage-based insurance (UBI), which allows businesses to utilize vehicle data to potentially save on their premiums. Currently, UBI is available in diverse states, including Arizona, Illinois, Minnesota, Pennsylvania, Texas, and Wisconsin. This innovative insurance model offers a 10% discount on enrollment, and for those subscribed to Ford Pro Telematics, additional savings may be available.

Carrington emphasizes the importance of data in determining insurance rates, saying, "Data-driven insurance allows business owners greater influence over rates." This approach ensures that businesses can manage their costs more effectively, with all data collections being made exclusively with the customers' agreement.

John Swigart, CEO of Pie Insurance, highlights the straightforward nature of coverage that small business owners require: "Small business owners and their insurance agents need coverage that's straightforward, affordably priced, and tailored to their individual needs." This sentiment resonates particularly in states where vehicle operations are vital, making these insurance options pivotal for small businesses striving for efficiency and safety.

How to Access the Coverage

Business owners interested in Ford Pro Insure can easily access their policies through fordpro.com/en-us/insurance/ or through pieinsurance.com. Additionally, affiliated Pie agents can assist in this process, ensuring that small business owners receive the support needed to navigate their insurance options.

Conclusion

With this expansion, Ford Pro Insure not only reinforces its commitment to assisting small businesses with their vehicle insurance needs but also sets a new standard for commercial insurance in critical markets. By combining traditional coverage with innovative usage-based options, Ford is aligning itself with the evolving needs of small businesses, particularly those relying heavily on efficient fleet management to ensure their success. In this rapidly changing business climate, having robust and flexible insurance options is more crucial than ever.