Fleet Rental
Fleet rental insurance, also known as commercial auto insurance or fleet insurance, provides coverage for businesses that own or lease multiple vehicles for their operations. This type of insurance typically covers a fleet of vehicles used for business purposes, such as cars, trucks, vans, or specialized vehicles like delivery trucks or construction vehicles.
Fleet rental insurance offers protection against various risks associated with operating a fleet of vehicles, including:
- Liability Coverage: Covers bodily injury and property damage that your business may be legally responsible for as a result of an accident involving one of your fleet vehicles.
- Collision Coverage: Pays for repairs to your fleet vehicles if they are damaged in a collision with another vehicle or object.
- Comprehensive Coverage: Provides coverage for damage to your fleet vehicles from non-collision incidents such as theft, vandalism, fire, or weather-related events.
- Uninsured/Underinsured Motorist Coverage: Protects your business if one of your fleet vehicles is involved in an accident with a driver who doesn’t have insurance or enough insurance to cover the damages.
- Medical Payments Coverage: Covers medical expenses for you and your passengers if injured in an accident, regardless of fault.
Fleet rental insurance can be tailored to meet the specific needs of your business and the types of vehicles in your fleet. It’s essential to work with an insurance provider who understands your industry and can customize coverage to adequately protect your assets and liabilities.