A lot goes into insuring your fleet of vehicles – from choosing the right coverage to managing drivers and maintenance for safety and protection of one of your most valuable assets. Mountainside Insurance Management works with a number of insurance companies that specialize in providing Fleet insurance while also offering safety programs to help minimize loss – critical in today’s litigious environment where multi-million-dollar auto liability verdicts have become more commonplace.
Fleet insurance enables businesses to insure all their vehicles under a single policy with the cost of insurance varying depending on the size and use of the fleet. For example, insurance for service fleets typically will cost less than delivery fleets, as most delivery fleets also need insurance that protects the goods they transport.
You must carry Liability insurance for the fleet, as required by both federal and state laws, to protect your business in the event one of your drivers is in an accident and found to be at fault. Coverage includes:
Additional coverages include:
Along with our insurers, we will work with you to help ensure your drivers are practicing safe driving skills on the road. This begins with smart hiring practices and regular training. In addition, there are telematics devices available to track vehicles and collect data such as hard braking, speeding, sudden acceleration, and even time of day, to determine and improve driving behavior. These practices and tools will help you keep costs in line and improve your risk profile.