Business Truck Fleet Insurance Coverage

Learn More About Protecting Your Business Fleet With The Right Coverages

There are many benefits to having business fleet insurance.  One of them is that it can save you money. If your company has a large number of vehicles, then this type of coverage may be the best option for you because it will allow you to get a discount per vehicle compared to a standard commercial auto policy. Typically, the more vehicles your company has, the larger the discount per vehicle can be, a great way to save a lot of money on insurance!

Coverages Include:

• Commercial/Primary Auto Liability: Liability coverage is a requirement in all states except for Virginia and New Hampshire when driving a business vehicle. Liability coverage will provide protection for property damage and bodily injury in the event of an accident. Additionally, non-collision coverage can protect you from theft, fire, vandalism, and other types of vehicle damage.
• Physical Damage: Protecting you from loss or damages to a vehicle in your fleet. This can cover the cost of repairing it.
• Uninsured Motorist Coverage: Protecting you against drivers without insurance on the road. It’s estimated that nearly 8-12% of drivers are uninsured (varies per state), which means if one of your vehicles got into an accident, and the other party was unable to pay for the accident, you would be financially liable to cover the repairs of your vehicle. Having uninsured motorist coverage can protect you from uninsured drivers.

Additional Coverages:

• Rental Reimbursement: This pays for the temporary replacement of a vehicle while one of your vehicles is being repaired.
• Towing Insurance: Covers the cost of towing if your vehicle is in an accident.

How Much Does Fleet Insurance Cost?

Size of Fleet: The quantity of vehicles you have in your fleet will be a factor in determining how much your fleet policy will cost.

Insurance Company: The type of insurance company you choose to partner with will play a role in saving money on business fleet insurance. Some insurance carriers are known for taking on higher risks vs other insurance companies who are niche focused on insuring fleets. Strong Insurance is an independent insurance agency which means we can quote through multiple types of carries. We have the markets to help your business acquire an affordable business fleet insurance policy.

Driving History: The drivers’ history of accidents and claims will have an impact on the monthly premiums.

Types Of Vehicles In Fleet: There are many different types of vehicles including sprinter vans, trucks, and more. The type of business vehicles used by the business will have an impact on the premium.

Value Of Vehicles: The value of your vehicle will impact the cost. The higher value of the vehicle, the more risk the insurance company is taking on, therefore the premium will be higher. On the reverse side, you don’t want to get an aged vehicle with a lot of miles on it, a vehicle like that will have a higher risk of breaking down and causing issues.

Mileage & Vehicle Usage: What you use the vehicles for and also how far they are driven will have an impact on your premium rates.

How To Save Money On Business Fleet Insurance?

The first thing you should do is get your documents in preparation to be quoted. Shopping around is important, but finding an independent agency like Strong Insurance that can quote through a variety of different carriers will save you time and money on acquiring a business fleet insurance policy. The type of insurance company you choose is the most important part. You are looking for an A-rated insurance carrier/company which provides reliable coverage and affordable rates.

Have the following information prepared and ready for when you speak with an insurance agent.

• # of vehicles in your fleet
• List of the purposes of the vehicles.
• Address, name of the business, DOT #
• Location/operating radius
• Tax ID, driver names, birth dates
• Loss runs, safety materials, IFTA report

FAQs About Business Fleet Insurance

Are fleet insurance policies available for a family?

A fleet policy is not available for family personal automobiles.

How many vehicles are considered a “fleet”?

The # of vehicles that is considered a “fleet” varies per insurance carrier. This can range anywhere between 2 and a dozen.

FREE Fleet Insurance Quote Today!

Strong Insurance is a business fleet insurance agency that provides great coverage and rates. We’re committed to providing our clients with exceptional service, so they can focus on what matters most – their businesses. We offer commercial auto liability, physical damage, general liability, and motor truck cargo policies at affordable rates. Plus we have great markets for fleets of all sizes!

You won’t find another insurance agency like us. Our team of experienced professionals are dedicated to helping you protect your business from unexpected losses by offering the right policy. Let us help keep your business running smoothly by protecting it against unforeseen events with quality coverage options designed specifically for your business!

Contact Strong Insurance today at 308-430-1953 to get a FREE business fleet insurance quote!

Additionally, you can contact us online, or fill out our 5 minute quote form!