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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.

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Q: What makes fleet insurance more cheap than insurance for each of the vehicles individually?
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Related questions

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:=_


Definition motorfleet insurance?

Insurance for a fleet of Motor Vehicles


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


What coverages does a company have to carry on work vehicles?

Liability or fleet insurance


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.


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.


What are the benefits of Fleet car insurance?

The benefits of Fleet car insurance is that you can have four or more vehicles under a single insurance policy. It allows you to manage one policy for all vehicles instead of having a separate policy for each vehicle.


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.


What kind of vehicles does Autonet Insurance specialise in?

Autonet Insurance specializes in the commercial automobile market. This includes fleet vehicle insurance, commercial vehicle insurance and commercial van insurance.


What term best describes a commerical automoblie insurance policy that will cover all vehicles?

Fleet coverage.


What does Catlin insurance provide?

Catlin Insurance is a division of the Catlin Group that is an underwriter and reinsurance company providing commercial insurance products. The division, Catlin Insurance, provides insurance policies for fleet vehicles.