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What is a Fleet insurance policy?

Fleet insurance will provide liability insurance coverage for all of your company’s vehicles in one policy. Often, these policies provide provisions to allow employees of your company to drive any vehicle in your fleet and be covered if they cause an accident.

What does fleet insurance mean?

Fleet vehicles are groups of motor vehicles owned or leased by a business, government agency or other organization rather than by an individual or family. Typical examples are vehicles operated by car rental companies, taxicab companies, public utilities, public bus companies, and police departments.

How much is the insurance for a 18 wheeler?

Average Cost by Coverage

Coverage Yearly Cost
General Liability $400-$600
Umbrella Policy $350
Physical Damage $2500
Bobtail Insurance $375-$600
What is truck insurance?

An insurance summary of basic coverage’s for the truck and transportation industry. Insurance is one of the largest fixed expenses that a trucker or trucking company faces today. It is one area that all individuals and companies need to revisit at least annually to make sure their needs are being met.