If your business depends on several vehicles to succeed and run the business then you should look into fleet auto insurance. This essential coverage can make the difference between the success and failure of your business if something happens to the vehicles owned by the business.

As a form of commercial insurance, Fleet coverage is great option if the business needs to insure more than two vehicles. This type of automotive insurance can be used to cover cars, trucks, van, and any form of motor vehicle that requires a license to drive it. Not all auto-insurance companies offer fleet insurance. But it is important for business owners to compare policies with multiple carriers before making a choice on insurance.

Fleet Insurance – Full Coverage

Full coverage for fleet insurance means that you get collision, comprehensive, and basic liability insurance which will cover making repairs or replacing the vehicle in the event of an accident, as well as covering medical and property damage for your drivers or employees, and for those injured by your vehicles, up to the policies stated limits. Collision coverage covers moving vehicle accidents; comprehensive coverage protects the vehicle from theft, acts of flooding or hail, or any damage that occurs when the vehicle isn’t being driven.

With fleet insurance there are some companies that will allow you to cover all the vehicles with the same coverage and limits, or you can pick and choose each vehicle’s coverage depending on the use and your needs.

Fleet insurance may also be designed to cover temporary replacement if one of the business vehicles can’t be used for any reason. You may also be able to cover vehicles that are out of use and garaged due to business downturn or seasonal fluctuations. Full coverage premiums are typically higher than other types of fleet insurance policies but the coverage it provides may be what you need to protect the business.

Fleet Insurance – Liability Coverage

Liability only fleet insurance only covers property damage and medical care for third parties. This does not cover replacement or repair of your vehicle, nor does it cover the driver’s medical expenses. This type of fleet insurance is meant to only cover the medical costs incurred by those whom you might injure, or to reimburse others for property damage caused by your vehicles.

Typically liability only insurance is an option if you own the vehicles out right and aren’t paying a lender. If you have a lender for your vehicles you will most likely be required by the lending company to carry full coverage on the fleet.

Fleet Insurance – Roadside Assistance

Roadside Assistance is an option you can add to any policy and this type of insurance coverage can save the company time, money, and often customers. The intent of this coverage is to provide emergency assistance in the event the driver is disabled on the roadside. Abandoned vehicles are often invitations to theft and vandalism, keeping the driver with the vehicle while expecting assistance may save your business a great deal of trouble. Roadside assistance fleet insurance includes towing, mechanical help, and more. This can help keep your vehicles moving, your drivers serving customers, instead of having both sitting on the side of the road.

Fleet Insurance Requirements

The carrier that you choose to provide your fleet insurance will give you guidelines that will govern the payment of claims and the ability for your company to use the insurance. For instance, you will be given licensing requirements for drivers, which means any driver you hire must have the correct type of driver’s license. The cost of your insurance will depend on the driving record of the hired drivers.

Your fleet insurance will go up if your drivers have at fault accidents and speeding citations on their record. Age will also play into the costs as younger, less experienced drivers and elderly drivers will also force your insurance premium higher.

There are also options that will help reduce your fleet auto insurance premium. This includes parking unused vehicles in a protected area like a shop or fenced parking lot, which may help lower the cost of your fleet insurance. You might also include anti-theft systems, combining fleet auto insurance with other business policies, and looking into a combined deductible program instead of carrying deductibles on each individual vehicle.


There are many possible coverage options for fleet auto insurance. It is important to research and get several quotes from three or more insurance carriers on the same options, choose the carrier that you are interested in and then make sure you individualized the policy to meet your needs. The state you live in may also have some minimum requirements that you need to consider in your policy, as may any lenders that you have on the vehicles.

For online insurance quotes for fleet auto insurance, see here.