Commercial fleet insurance is often associated with large companies that own a lot of vehicles. However, this is not true. This flexible policy offers many benefits to companies that have multiple vehicles registered to their business.
This level of coverage is especially beneficial for smaller companies. The ability to add multiple company vehicles to one policy will save money over the long-term. It is cheaper to combine vehicles into one policy than to individually cover them.
This level of coverage is available to any business with company vehicles they allow their sales staff to use to promote the brand. All vehicles can be covered under one policy. This means that there is only one premium and one number to contact in the event of an accident.
Commercial fleet insurance is available to food shops, clothing stores, and bakeries. Any business that is looking to lower their annual premium will be able to add vans and cars to one policy.
Delivery companies are one of the largest businesses that can benefit from this type of coverage. You can qualify for commercial fleet insurance regardless of whether you deliver fresh vegetables to your organic farm, or if you deliver products from your retail store every day.
When shopping for insurance, you will see that most insurers won’t offer this coverage to companies with more than three vehicles. There are only a few insurance companies that will provide this level of coverage if you have more than one vehicle. It is worth shopping around until you find a company that provides the highest level of coverage at the lowest premium.
Taxi companies frequently use commercial fleet insurance. You need to be able to rest assured that all your vehicles are legal and insured in the event that they are involved in an accident.
There are so many drivers who don’t have insurance, so it is important to make sure the coverage you choose offers both protection against uninsured motorists and a high level of public liability.
Larger companies may have multiple vehicles registered to their business, from cars for sales staff to vans to transport their employees. Premiums can be very high for this.
Many companies make the mistake of insuring a vehicle after it is purchased. This leaves each vehicle with a different insurance company. The annual premiums you pay for your vehicle insurance are going up quickly before you realize it.
Small, medium, and large businesses will benefit from being able to combine all their vehicles under one policy for commercial fleet insurance. This will help them lower their annual premiums.
This type of coverage is also available to florists who deliver flowers all over the region, as well as sporting goods shops. Commercial fleet insurance is available to any company with multiple vehicles that can be used to deliver their products to customers.
You can contact a broker to find out if your business is eligible for this level. This policy type offers the most benefits if you have at least two vehicles.