We offer fleet Insurance coverage in Massachusetts, Maine, New Hampshire, Rhode Island, Maine, New York and Florida.
Please ask one of our agents how we can provide you with insurance across multiple states.
What is fleet insurance?
Insuring multiple commercial vehicles doesn’t necessarily require multiple commercial auto insurance policies. Fleet insurance generally allows Massachusetts businesses to cover multiple vehicles with just one insurance policy.
Fleet insurance can offer extensive coverage for multiple vehicles. Policies normally come with many different coverages, and they can cover a large number of similar cars or trucks.
Compared to covering vehicles with individual policies, fleet policies tend to be both more convenient and more affordable.
When does commercial fleet insurance make sense for a Massachusetts business?
Commercial fleet insurance is usually the most efficient way to insure 5 or more similar vehicles. Most Massachusetts businesses that have at least 5 cars, vans, or trucks should consider this option.
If insuring fewer than 5 vehicles, bundling individual policies together is probably a better way to insure the cars or trucks. Individual policies might also be needed if a business’s vehicles are very different, such as if insuring a couple of semi trucks and a few sedans.
Quotes Available in MA, RI, CT, NH, ME, NY and FL
What auto insurance coverages do fleet policies provide?
Fleet policies typically have the standard coverages that are found in most auto insurance policies. Businesses can normally expect the following to be standard or optional in a fleet policy:
If other specific coverages are needed, such as for special cargo, an insurance agent who specializes in commercial fleet policies can check which policies offer all coverages that are needed.
What types of vehicles are commercial fleet policies able to insure?
Commercial fleet policies are able to insure the vast majority of vehicles that businesses might own and use. If a vehicle can be registered for use on the road, then it can almost certainly be covered by a commercial fleet policy.
For example, these policies are regularly used to insure cars, vans, straight trucks, semi trucks, and other vehicles.
How are Symbol 1 and Symbol 7 commercial fleet policies different?
Many commercial fleet insurance policies can be designated with either Symbol 1 or Symbol 7. The difference between these two types of policies lies in what vehicles are insured by them:
- Symbol 1 policies generally provide coverage for all company vehicles that are owned by a business.
- Symbol 7 policies generally cover only those vehicles specifically listed on the policy, and not any unlisted company vehicles.
Which of these options a business should use depends on the business’s vehicles. An insurance agent who’s well-versed in the nuances of fleet policies will be able to help businesses choose the right type of policy.
Can vehicles be added onto or removed from a commercial fleet insurance policy?
Businesses usually can add and remove vehicles easily, and without purchasing an entirely new commercial fleet insurance policy. A knowledgeable agent will be able to help businesses make these adjustments when necessary.
Where can businesses in Massachusetts get fleet insurance for their vehicles?
If your business needs to insure multiple vehicles, get in touch with the independent insurance agents at Coonan Insurance Agency. Our agents have helped many Massachusetts businesses insure commercial vehicles, and we’ll make sure you find fleet insurance that’ll protect your business’s vehicles well.
