Fleet Insurance for Your Commercial Vehicles
September 26, 2023
Don’t think of Florida commercial vehicle insurance as only for the trucking industry; it’s not. If you use your car, truck, or van for work, commercial vehicle insurance is a must.
Commercial auto insurance covers accidents and provides liability protection for vehicles used by companies, fleets, taxis, and limousines.
Each state has its own specific requirements for commercial auto and fleet insurance, and Florida is no exception. Whether the vehicle is owned, rented, leased or hired, commercial auto insurance can cover it. You can even add coverage for work equipment, employees and passengers for protection against medical bills, damages, and lawsuits.
Our independent agents can explain your options...
While commercial vehicle insurance does cover trucks and truck drivers, it is also a necessary insurance for every vehicle from cars to 18-wheelers that are used by your company for business purposes. Although our independent agents at Nsurance Nation will be happy to check, personal auto insurance policies generally do not cover vehicles used for business purposes, as they are typically exposed to more liability and need additional coverage.
Extended Coverage to Protect Your Assets
Since every vehicle on the road is at risk, having the right auto and truck coverage is essential regardless of how large or small the business. If you use at least two or more vehicles for work-related purposes, you are considered a fleet and need commercial auto insurance. Instead of managing a portfolio with multiple auto policies, coverages can be bundled and tailored to your business needs with options such as:
- Uninsured or underinsured motorist – Uninsured motorists covers you against injuries and damage involving a company vehicle in case the at-fault party is unable to cover the full cost of damages.
- Medical payments – This liability coverage pays for medical expenses if employees and passengers are injured in a company-owned vehicle, regardless of who caused the accident.
- Collision – Regardless of fault, collision coverage helps pay for repairing or replacing your company vehicle if it’s damaged in an accident.
- Comprehensive – While liability insurance protects you for accidents caused by your drivers, your fleet is still vulnerable. Comprehensive covers non-collision damages such as vandalism, theft, flood, or fire.
- Bobtail coverage – This optional insurance is recommended when you’re using tractors without a trailer. It usually covers the insured vehicle at all times, even during non-work-related travel.
- Roadside assistance – Disables vehicles can have a negative impact on your bottom line. Every minute a driver and vehicle are out of service means lost revenue. Roadside assistance gets your drivers back on the road.
Registering a vehicle with at least four wheels in Florida requires proof of Personal Injury Protection (PIP) and Property Damage Liability (PDL) insurance. But business vehicles are on the road more often and more hours than personal cars and sometimes carry a crew and/or specialized equipment. By bundling all vehicles under one policy, you gain flexibility with tailored coverage to meet your specific insurance needs.
Shop for Commercial Insurance at Nsurance Nation
When it comes to buying commercial auto insurance in Florida, there's no better place than through an independent insurance agent. Unlike agents tied to a single insurer, independent agents can gather quotes from multiple companies to find you the best deal. So don't leave your business vehicles vulnerable to risks, protect them with fleet insurance today.
Commercial auto insurance in the Sunshine State is not one-size-fits-all. The size and daily use of your vehicle will affect your insurance rate. Vehicles with expensive equipment may also have higher premiums and certain industries, like electricians who transport tools to job sites, have higher risks and higher insurance costs compared to others.
Since different industries come with different risks, rates can vary. For example, if your fleet of vans have expensive equipment onboard, those vehicles will have higher premiums than the automobiles used by your salespeople. Visit Nsurance Nation online today to discuss your company’s specific needs for coverage options, such as liability insurance limits, comprehensive protection for non-collision damages, and auto collision coverage for your vehicles.
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At Nsurance Nation, we're committed to providing affordable commercial fleet auto insurance for Jacksonville businesses to keep their company vehicles well protected. We provide expert guidance in navigating the regulatory processes for Florida insurance compliance. Visit our fleet insurance page and answering a few questions regarding how your vehicles will be used for business or commercial purposes.
