If you have a fleet of vehicles or just two, having commercial auto insurance or fleet insurance is essential for every business. Commercial vehicles are responsible for your day-to-day business operations. Having your workflow disrupted by unpredicted circumstances can be detrimental, especially to small and new businesses. With a good fleet insurance policy, you can rest assured and tackle the larger challenges in your domain.
What is Fleet Insurance?
Fleet insurance is also known as commercial auto insurance. It provides cover for all vehicles (fleet) under a single policy. Every business requires a minimum of two vehicles to be eligible for fleet insurance. Choosing Fleet Insurance the Right Way
The reasons business owners might want to get fleet insurance for their logistics chain are:
- Lower Cost: Fleet insurance is a single policy that insures multiple vehicles. Therefore, it is significantly cheaper than having individual insurance policies for each vehicle.
- Easy Maintenance: With just a single policy under your belt, you do not have to worry about renewing multiple policies. You can conveniently add or remove vehicles to your existing policy and enjoy the same benefits.
- A Range of Options: Commercial auto insurance is a comprehensive policy. It insures your fleet from a range of perils. Additionally, with Walls Insurance you always have the option of customizing your coverage options. Choosing Fleet Insurance the Right Way
While picking commercial auto insurance, you must be mindful of factors like ‘any vehicle policy. It can be beneficial if your insurance provider covers different vehicles that suit your needs. Some providers may exclude vehicles like forklifts and excavators. Thus, it’s good to keep an eye out for that.
Additionally, always check the deductibles. The policy may sound reassuring and cheap but may incur heavy deductibles later. Therefore, get familiar with insurance terminology and read your policy carefully. This step can potentially save you money if there are any overhead or hidden charges involved.
The Best Fleet Insurance in Texas
Walls Insurance Agency is one of the leading insurance agencies in Texas. With over 40 years of experience, they provide you with the best and the most affordable coverage options. Walls Insurance works with some of the top carriers of the nation to connect business owners with affordable insurance plans. The company provides general liability as well as several comprehensive coverage options for your fleet of vehicles. Safeguard your fleet, grow your business, with Walls Insurance. Get in touch today! Choosing Fleet Insurance the Right Way