Fleet Insurance
For insurance purposes, a fleet is constituted by a minimum of 25 vehicles.
A fleet must be made up by a group of persons or companies having a common identity. Examples:
- Vehicles of employees of a company.
- Utility vehicles belonging to a company.
- Vehicles belonging to associates or members of a group or club.
The advantages of fleet policies are the benefits granted by insurers::
- Discounts, depending on the number of insured vehicles.
- Premiums based on casualty incidence in a year..
- Additional coverage included at no cost..
- Better control of due dates for payments and renewals.
- Discounts on other types of policies taken out.