What Is Fleet Insurance?
Before purchasing a fleet policy, it is important to know what it covers. It is different from liability insurance, which only covers the other party in an accident. In addition, liability insurance protects the lender, who requires full coverage. But liability coverage will not cover the business owner. It is recommended that you purchase full coverage for your vehicle fleet. This way, you can avoid being liable for any accidents caused by your vehicles.
If you own a fleet of vehicles, you should look into fleet insurance. This type of policy will cover all the vehicles you own or lease, as long as you have a policy for each one. In some cases, this coverage will include personal vehicles that you drive. If you own more than one vehicle, you may want to purchase a separate policy for them. Your business will be responsible for any accidents that occur while they are on the road.
It is essential to understand the cost of fleet insurance. The premium will depend on the level of cover and the number of drivers on your fleet. Take into consideration the condition of each vehicle and the fleet’s location.
If you are unsure how much coverage you need, you can request a quotation on our website and negotiate with the agent. The agents that will contact you from various companies will offer you different premiums and benefits. Compare each policy and quote and you will find the right fleet insurance for your business. Let us help you get the most suitable plan. Fleet insurance will protect you as well as third parties. Do not hesitate when it comes to your company, insurance will help in unfortunate situations.
Fleet vehicles examples are:
- Dumping trucks
- Cars & Bakkies
- Small trucks
And the list can go on and on. If you own more than 2 vehicles in your business, you can apply for fleet insurance.