Fleet Insurance in Alabama

What coverages are typically included in commercial fleet insurance?

Commercial fleet insurance usually provides protection for both vehicle damage and company liability. If a covered vehicle suffers damage due to an accident or other incident, the damage could be covered provided comprehensive and collision coverage are in place. If an accident results in damage to other vehicles, persons or property, the ensuing costs could be covered by commercial auto liability. Typical coverages include:

• Commercial Auto Liability Coverage: This may provide protection against injury claims and property damage resulting from accidents caused by company employees.
• Medical Payments Coverage: This may provide protection against medical costs incurred from injuries sustained by occupants of company vehicles during accidents.
• Collision Coverage: This may provide protection against damage sustained by insured vehicles during accidents involving at least 2 vehicles.
• Comprehensive Coverage: This may provide protection against damage sustained by insured vehicles during non-collision incidents. For instance, falling trees, hitting animals, theft and hail are frequently covered.
• Uninsured/Underinsured Motorist Coverage: This may provide protection against injuries and vehicle damage during accidents that inadequately insured drivers are at fault for.

Additional coverages may be available, such as coverage for equipment or goods in transit, but the availability varies more. A knowledgeable insurance agent can provide detailed information on what specific coverages a particular commercial fleet policy offers.

In offering the listed and other coverages, fleet policies have many of the same protections as individual commercial vehicle policies. Fleet policies just usually offer the coverages in a more cost-effective and convenient package.