What is Fleet Insurance?
Businesses that own vehicles are generally required to insure their vehicles, but getting individual policies for each vehicle isn’t cost-effective when a business has many cars or trucks. For Vermont businesses that have fleets, fleet insurance often makes much more sense.
Fleet insurance is a specialized commercial auto insurance for businesses that have multiple vehicles. Because this is a specialized coverage, businesses should consult with an insurance agent who focuses on this insurance when looking for a policy.
What Vermont Businesses is Commercial Fleet Insurance Right For?
In general, most Vermont businesses that have multiple registered vehicles should consider purchasing commercial fleet insurance. Not having auto coverage on registered vehicles leaves a business exposed to property risks, liability risks and potential legal consequences. When insuring multiple vehicles, this is often the most efficient way to meet a business’ auto coverage needs.
What Kinds of Vehicles Do Commercial Fleet Policies Cover?
Commercial fleet policies are available for a wide range of vehicles. Businesses with fleets of cars, vans, trailers, and light- medium- and heavy-duty trucks can likely find suitable fleet policies.