{"id":2940,"date":"2022-05-24T05:17:00","date_gmt":"2022-05-24T05:17:00","guid":{"rendered":"https:\/\/tyt.webpagefxstage.com\/?p=2940"},"modified":"2024-02-05T07:46:00","modified_gmt":"2024-02-05T07:46:00","slug":"lower-insurance-costs-with-gps-tracking","status":"publish","type":"post","link":"https:\/\/www.trackyourtruck.com\/blog\/lower-insurance-costs-with-gps-tracking\/","title":{"rendered":"Fleet Insurance: What to Consider When Choosing Vehicle Insurance"},"content":{"rendered":"
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Managing a fleet of company vehicles comes with many challenges and great responsibility. In addition to keeping track of your deliveries, appointments and goods, you also need to oversee maintenance and driver safety and protect your assets. If one of your drivers gets into an accident while on the road, you can risk paying out of pocket to cover damages, medical expenses and replacement costs for your vehicles. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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With fleet insurance, you can protect your assets \u2014 and your drivers \u2014 under one broad policy while meeting the specific needs of your business. However, as with any business expense, it’s a good idea to shop around and see where you can acquire price reductions on your insurance costs. Let’s explore how GPS tracking and fleet management software can help you keep your costs to a minimum and what you need to consider for fleet insurance. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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What You Need to Know for Fleet Insurance<\/h2>\n<\/div><\/div><\/div>\n\n\n\n
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When choosing fleet insurance, it’s important to consider what risks are associated with your assets to determine what’s best for your fleet. Before we get into the types of commercial fleet coverage, let’s cover some FAQs you may have about how to choose the right insurance for your company vehicles. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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What Is Commercial Fleet Insurance For?<\/h3>\n<\/div><\/div><\/div>\n\n\n\n
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Commercial fleet insurance works similarly to regular auto insurance \u2014 covering liability risks regarding theft and accidents. However, there are a few different qualifications. For example, every insurance provider has varying policies and definitions for fleets. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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Some insurance companies will require a minimum of two vehicles to provide coverage, while others require at least five. If you’re a small business, you should shop around and see which providers can work with your fleet, especially if you plan to expand your company. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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How Much Does Fleet Insurance Cost?<\/h3>\n<\/div><\/div><\/div>\n\n\n\n
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Your fleet insurance cost will depend on a few different factors. Usually, the number of vehicles you need to insure will be the most significant factor. <\/p>\n<\/div><\/div><\/div>\n\n\n\n

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Insurance companies will also consider the following items:<\/p>\n<\/div><\/div><\/div>\n\n\n\n

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