Fleet insurance mainly provides coverage across the fleet of business vehicles. This mainly allows someone to insure different vehicles under one policy. Fleet insurance is mainly considered the best auto insurance plan for covering two or more different business vehicles under a single policy.
The fleet insurance is mainly available in three different levels of coverage. Some of them are:
1. The comprehensive coverage: This mainly covers the damage being caused to their own or any third-party vehicles. This also covers the injuries that are mainly caused to them, their passengers as well as third parties caused by a fault or non-fault accident.
2. Third-party fire and theft coverage: This mainly covers any damage caused to third-party vehicles at the time of covering their own for fire as well as theft.
3. Third-party only coverage: This mainly covers only damage to the third parties. This includes any damage caused to other people’s property/vehicles. This also includes the injuries caused to others as well as their passengers.
The fleet insurance mainly covers the below:
The company which mainly deals with a group of vehicles must go for the purchase of fleet car insurance policy mainly to cover those vehicles. This is especially true for any companies dealing with the transport sector. Some of the typical vehicles mainly include large trucks which are mainly used for transporting goods over long distances. The companies who are mainly dealing with taxis as well as companies dealing with delivering packages, as well as helping the customers to move house.
In the case of fleet insurance, all of the vehicles of any company are mainly covered on a single policy. This policy provides coverage irrespective of the type of vehicle, number of drivers, or for any intended use. The fleet insurance is mainly cheaper for a group of vehicles in comparison to the individual insurance for each type of vehicle.
These are some of the important facts to know about fleet insurance.