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Total amount of claims paid/outstanding x number of vehicles on policy.

vehicle years

Normally done on a three year claims experience rather than one year to give a true reflection of how the fleet is running.

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Q: How do you calculate burning costs for fleet insurance?
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Why would a transporting company need commercial fleet insurance?

Transporting companies benefit greatly from commercial fleet insurance. Losses become less stressful as insurance covers these costs. Additionally, transported goods and content are also covered by the insurance.


Corporate Fleet Insurance?

form_title=Corporate Fleet Insurance form_header=Whether you lease or own your vehicles, get the fleet insurance policy specifically tailored to your needs. Total number of fleet vehicles under lease:=_ Total number of fleet vehicles owned:=_ Type of business:=_


What factors determine fleet auto insurance rates?

Fleet auto insurance rates vary depending on driving history and the fleet size. You can get a discount if it is large.


What is fleet insurance used for?

Fleet insurance is something that companies with fleets of vehicles buy. It is an insurance policy that covers all the vehicles. More info can be found here: http://www.ehow.com/about_5137249_definition-fleet-insurance.html


I have some fleet vehicles and need to purchase auto insurance. Does Geico offer fleet insurance?

Yes. Geico offers fleet insurance. However, there are many other companies that offer more reasonable pricing.


Definition motorfleet insurance?

Insurance for a fleet of Motor Vehicles


Waht is the average cost of fleet insurance?

Fleet insurance normally costs more than 50 percent of what a personal auto policy would cost. Most people pay $750 per year to insure their own personal vehicle. Take into consideration that fleet insurance could run twice as much and that equals $1500 per year. Many factors are taken into consideration so the only way to know exactly what it would cost is to contact your local insurance agent.


What kinds of insurance is offered by Fleet Insurance?

Fleet Insurance is actually a kind of insurance. This would be for people or companies that have more than a few vehicles that need to be insured. Such as a delivery company.


What makes fleet insurance more cheap than insurance for each of the vehicles individually?

Fleet insurance is usually cheaper than individual insurance for each vehicle as the insurance company have information on each vehicle and are spreading out their risk further. In addition to this fleet insurance is cheaper because insurance companies are willing to offer a discount on multiple vehicles as companies with a fleet of cars often maintain them well and ensure that their drivers follow safe procedures and protocols.


What is the benefit of fleet insurance with two or more vehicles?

fleet insurance is for company vechiles like meter readers and mail delivery drivers .Mostly for compomanys to get a discount on insurance for 10+ vechiles


WHAT IS fleet insurance?

Fleet insurance is a type of insurance used when a person has more than 4 different vehicles to be insured. Some of the types of fleets covered are vans, cars, lorry, and taxi.


I need a quote for fleet insurance?

You can go on any of the auto insurance companies websites and request a quote one exampe is www.geico.com �ۼ Get a Quote Another option is to contact insurance agencies that speicalize in fleet insurance like this one: www.insurefleet.com/