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Fleet Insurance

If your business owns and operates three or more vehicles as part of its daily operations, you may be eligible for a fleet insurance policy. These plans resemble a commercial auto policy that covers many vehicles at the same time, helping you to meet coverage requirements at an affordable rate.

Industries that can benefit from fleet insurance coverage include:

  • Government agencies
  • Construction companies (including those with large construction vehicles like bulldozers)
  • Taxi services
  • Vehicle rental companies
  • Delivery services
  • Any other company that operates a fleet of vehicles

As of 2013, the Bureau of Transportation Statistics found that there were over eleven million fleet vehicles in service, with government and rental use seeing the most growth over the years.

Fleet Insurance Features: Commercial Auto Insurance

Commercial vehicle policies are a major part of fleet insurance, and they cover the vehicles themselves against damage and loss.

In most cases, fleets that focus on services (handymen, locksmiths, and similar professions) will see the largest discount on their premiums. Vehicles used for retail work, such as delivering food or flowers, usually see a more moderate reduction in premiums. Finally, companies that ship either people or large volumes of products see the lowest reduction, simply because there tends to be more damage in a collision. The current average is more than $20,000 for each incident, and since fleet drivers tend to be on the road far more than the average person, there’s a greater likelihood of a collision sooner or later. However, this is when having the proper insurance coverage becomes invaluable.

What's Covered by Fleet Insurance

The main component of fleet insurance is its blanket coverage of vehicles and employees—any employee will be insured while driving any vehicle in your fleet unless they've been specifically excluded from the policy. This is ideal for companies where vehicles frequently have different drivers, as well as companies that have vehicles out on the roads on a regular basis. All fleet insurance policies will meet or exceed the minimum amount of coverage required for commercial vehicles in your area.

If you're not sure whether a vehicle you use qualifies for coverage under a fleet policy (for example, you have a privately owned vehicle that's also used for business purposes), talk a Bethany Insurance Agency agent and they'll let you know if your vehicle is eligible.

 

1. Hatfield, Gary, and Janis Christensen. "10 Ways to Reduce Fleet Costs." Fleet Financials. March 2014. Accessed April 27, 2016. http://www.fleetfinancials.com/article/story/2014/02/10-ways-to-reduce-fleet-costs.aspx.

2. "Table 1-14: U.S. Automobile and Truck Fleets by Use (Thousands)." Bureau of Transportation Statistics. Accessed April 27, 2016. http://www.rita.dot.gov/bts/sites/rita.dot.gov.bts/files/publications/national_transportation_statistics/html/table_01_14.html_mfd.

3. "Do You Know the True Cost of Fleet Accidents?" Telogis Blog. Accessed April 27, 2016. http://www.telogis.com/blog/cost-of-fleet-accidents/.

Bethany Insurance Agency

190 E Arrow Hwy Unit I,

San Dimas, CA 91773

Main office: (909) 305-0070
Fax: (909) 305-0087

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: Closed

Our Providers

Testimonials

Michael, Daniel and the rest of the staff are great to work with. By far the best insurance agents my office has ever had the pleasure of working with. There customer service is second to none and their rates are very competitive. I couldn't ask for anything more. These guys really are the best. I would recommend giving them a call.
Sam from Costa Mesa
We have had our insurance business with Bethany Insurance for a number of years and always receive awesome service. On our last renewal, Mike S helped us save even more while keeping our same coverage. I highly recommend Bethany Insurance and have several family members doing business with them. Thank you Mike and Bethany Insurance.
A M. from Glendora
These guys are awesome! I was referred to Daniel through one of my closest friends. Daniel initially started my car insurance quote when I was fed up with my last agency. Everyone here is super friendly. Someone is always available to take my call. When Daniel wasn't around to help, Chris was able to assist. All of them are super knowledgeable and helped me switch services easily. I called and emailed Chris a lot to get all my paperwork handled. I'm surprised they didn't refuse my business. Jk. They were so helpful that I switched my bros' and dad's insurance policies to them too. Definitely happy they helped. They made the process super easy.
Amy P. from Santa Ana
I'm a mortgage broker and I need a place to refer all my clients, and Michael Shehata has been my number 1 guy. I tell my clients they can shop around and look for the best deal, but I already have. I refer everyone to Mike at Bethany and he never disappoints to beat anyone's rates and service. I would recommend him to all my friends and family as well. Thank You Bethany!
Andrew Y. from Anaheim
I dont go to yelp and post reviews unless it is 5 or 1. I was given a Home Insurance quote for $500 by some other agency initially and Michael from Bethany reviewed it with me to inform that it had minimal coverage. And they also helped me get a quote when Mercury rejected it due to fire hazard issues. Helping me evaluate or smoothen the process is the best value Bethany provides. I will refer Bethany to as many as ​I ​ can.
Leela Krishna K. from Cerritos