October brings falling leaves, cooler air, and a few spine-tingling stories. But for school bus contractors, the scariest stories aren’t about ghosts or haunted houses — they’re about coverage gaps that can haunt your business long after the trick-or-treaters are gone.
This month, let’s take a look at the “spooky” side of insurance and make sure your coverage isn’t hiding any skeletons in the closet.
1. The Phantom of the Missing Endorsement
You might think your commercial auto policy protects every driver and bus in your fleet, but what if a substitute driver or newly added vehicle isn’t listed yet? Missing endorsements can lead to big coverage gaps — the kind that appear only after an accident. Make sure your policy updates are done *before* new drivers hit the road.
2. The Ghost of Incomplete Coverage
Some policies only protect vehicles while they’re transporting students — not while they’re idling, being serviced, or parked overnight. It’s worth reviewing whether your coverage extends to non-driving situations like vandalism, theft, or damage from severe weather.
3. The Curse of the Cheap Premium
Saving money sounds good… until you realize your “budget” policy doesn’t include uninsured motorist coverage, employee liability, or roadside assistance. Remember: a bargain policy can be a real nightmare when the unexpected strikes.
4. The Mysterious Gap Between Policies
Do your general liability and auto liability overlap where they should — or is there a gap wide enough for a ghost bus to drive through? A knowledgeable insurance agent can help you identify where one policy ends and the other begins, ensuring seamless protection.
5. The Power of the Right Partner
Don’t wait for the next full moon to review your coverage. Sit down with your insurance advisor to go over your fleet, contracts, and seasonal risks. Whether it’s student transport, maintenance operations, or special event trips, your protection should be as dependable as your morning route.
A little fear can be a good thing — if it motivates you to double-check your policies before something goes bump in the night. Let’s make sure your coverage isn’t scary this October!