For businesses that operate mobile fleets like taxi and shipping companies, vehicles are necessary to enable their day-to-day functions. Your vehicles may serve a variety of useful business functions from transportation to hauling, but they also expose you to a great deal of financial risk, and having more vehicles compounds that exposure. The time, money, and effort it takes to assemble and maintain a fleet makes it essential to keep your business protected with a comprehensive fleet insurance plan from a reputable carrier.
Commercial fleet insurance allows a business to more affordably apply auto insurance coverage to multiple vehicles. Whether your fleet is comprised of cars, trucks, buses, vans, or something else entirely, we can help match you with a provider that will safeguard your business with a tailored policy that fits your budget.
A commercial fleet insurance policy is for trucking companies that have a certain number of trucks. The exact number can vary, but examples can be a business having 5 or 10 trucks. This type of insurance can cover liability risks for all of a company's vehicles together, even if they are used for different tasks.
Physical damage insurance can protect your trucks in case of a collision on the road, thefts, or towing expenses. However, it does not typically cover cargo damages or items that are not permanently attached to the truck's trailer.
Motor truck cargo insurance typically covers the freight or cargo that gets damaged or lost due to factors such as a collision or fire. If the cargo gets dumped on a highway, for instance, the cost lost on not delivering the load, and legal expenses can be covered.
Something many businesses don't know is that commercial insurance carriers have preferences for which types of businesses they insure.
The problem for most business owners is that they don't know which carrier is the best fit for their business, leading to high premiums or declined applications for coverage .
The 321 LaunchPad is connected to the largest network of commercial insurers available anywhere. We match your business with a qualified insurer so you get the right coverage for a fair price.