If your business owns, leases or rents vehicles, or requires employees to use their vehicles on the company's behalf, your company has a risk exposure. While state law requires certain basic insurance for owned and leased vehicles, your firm may also be liable for damages caused when temporary vehicles are rented to employees or employees use their vehicles for business purposes.
If a firm owns more than five vehicles, it is considered a "fleet" by underwriters and will receive a volume discount or special rate consideration. Keeping the list of active drivers "clean" of violations and accidents helps the fleet operation keep auto insurance costs down. A well disciplined maintenance schedule is another key method to keep rates low.
Our Insurance Specialists can help you design a driver training supervision and vehicle maintenance program to reduce losses.
