Fleet insurance can be a great option for Naples, FL business owners with two or more commercial vehicles. However, it’s not for everyone, and understanding the pros and cons of this type of insurance can help you pick the coverage that’s the best fit for your situation.
What is Fleet Insurance?
Fleet insurance covers multiple commercial vehicles under a single policy. This saves a business owner the hassle and expense of having to purchase a commercial auto insurance policy for every single business car, truck, and van the business owns. Companies offering fleet insurance may also offer flexible terms and conditions that make it easy for any employee to drive any commercial vehicle covered under the policy. Furthermore, fleet insurance tends to have higher coverage limits than other auto insurance policies, providing ample protection from liability if a business vehicle is involved in an accident.
The main drawback of purchasing a fleet insurance policy is that it offers "one size fits all" coverage that may not meet your specific needs. If you have different types of vehicles and/or use different commercial vehicles for specific jobs, you may want individualized auto insurance coverage. This is especially true if you own a business that has branches in other states. Furthermore, some fleet insurance companies may set terms and conditions that your business can’t meet. These may include owning at least five commercial vehicles and hiring drivers over a certain age.
Pro America Insurance Can Meet Your Auto Insurance Needs
At Pro America Insurance, we take pride in helping Naples, FL business owners understand their commercial auto insurance policy options in order to get great coverage at a great price. Call us today to start the process of reviewing and selecting auto insurance for your business.
