If you run a business that utilizes vehicles, chances are that you are aware that it is important to insure them. Your business vehicles are exposed to a lot of different risks on a daily basis and something could unexpectedly go wrong, opening you up to a lot of financial damage if you don’t have good insurance. However, purchasing individual insurance policies for each of your vehicles can be time-consuming and expensive. Luckily, fleet auto coverage can help you simplify this insuring process.
What Is Fleet Auto Insurance Coverage?
Fleet insurance is a type of insurance coverage that is designed to cover a whole fleet of vehicles under one policy. It can protect against all the same things as individual auto policies and is generally far more affordable.
How Many Vehicles Do You Need To Have To Qualify For Fleet Insurance?
The number of vehicles that qualify as a fleet can vary between insurance companies. That being said, most insurance companies consider a fleet to be five vehicles or more.
How Much Does Fleet Insurance Cost?
The cost of fleet insurance varies depending on a number of factors. Some of these factors are:
- Your location
- Your claim history
- The size of your business
- The size of your fleet
Insuring many different vehicles individually can be a pain. Fleet insurance can help.