Transportation Insurance in Murfreesboro & Nolensville, TN and the Surrounding Areas

If your business owns and operates three or more vehicles as part of its daily operations, you may be eligible for a fleet insurance policy. These plans resemble a commercial auto policy that covers many vehicles at the same time, helping you to meet coverage requirements at an affordable rate.

Industries that can benefit from fleet insurance coverage include:

• Government agencies
• Construction companies (including those with large construction vehicles like bulldozers)
• Taxi services
• Vehicle rental companies
• Delivery services
• Any other company that operates a fleet of vehicles

As of 2013, the Bureau of Transportation Statistics found that there were over eleven million fleet vehicles in service, with government and rental use seeing the most growth over the years.

Fleet Insurance Features: Commercial Auto Insurance

Commercial vehicle policies are a major part of fleet insurance, and they cover the vehicles themselves against damage and loss.

In most cases, fleets that focus on services (handymen, locksmiths, and similar professions) will see the largest discount on their premiums. Vehicles used for retail work, such as delivering food or flowers, usually see a more moderate reduction in premiums. Finally, companies that ship either people or large volumes of products see the lowest reduction, simply because there tends to be more damage in a collision. The current average is more than $20,000 for each incident, and since fleet drivers tend to be on the road far more than the average person, there’s a greater likelihood of a collision sooner or later. However, this is when having the proper insurance coverage becomes invaluable.

What's Covered by Fleet Insurance

The main component of fleet insurance is its blanket coverage of vehicles and employees — any employee will be insured while driving any vehicle in your fleet unless they've been specifically excluded from the policy. This is ideal for companies where vehicles frequently have different drivers, as well as companies that have vehicles out on the roads on a regular basis. All fleet insurance policies will meet or exceed the minimum amount of coverage required for commercial vehicles in your area.

If you're not sure whether a vehicle you use qualifies for coverage under a fleet policy (for example, you have a privately owned vehicle that's also used for business purposes), talk to a Middle TN Insurance Group, Inc agent and they'll let you know if your vehicle is eligible.

1. Hatfield, Gary, and Janis Christensen. "10 Ways to Reduce Fleet Costs." Fleet Financials. March 2014. Accessed April 27, 2016. http://www.fleetfinancials.com/article/story/2014/02/10-ways-to-reduce-fleet-costs.aspx
   
   
2. "Table 1-14: U.S. Automobile and Truck Fleets by Use (Thousands)." Bureau of Transportation Statistics. Accessed April 27, 2016. http://www.rita.dot.gov/bts/sites/rita.dot.gov.bts/files/publications/national_transportation_statistics/html/table_01_14.html_mfd
   
   
3. "Do You Know the True Cost of Fleet Accidents?" Telogis Blog. Accessed April 27, 2016. http://www.telogis.com/blog/cost-of-fleet-accidents/

Middle TN Insurance Group, Inc is proud to offer insurance options to those in the limousine services industry. We understand that your business requires a very specific set of coverage options. We will work with you to come up with a protection plan that fits your needs.

Here are some of our coverage options for limousine services:

• Automobile liability
• Garage-keepers liability
• General liability
• Theft coverage
• Body or mechanical damage

Whether you repair, distribute, or manufacture specialized truck equipment, you will need a versatile insurance plan to match the services offered by your business. Middle TN Insurance Group, Inc will provide you with the attention to detail required to come up with a unique protection plan for you and your business. We understand the intricacies of the specialized truck equipment industry.

Our coverage options for specialized truck equipment include, but are not limited to:

• Theft coverage
• Property insurance
• Commercial auto
• Lock re-keying or replacement

Middle TN Insurance Group, Inc proudly offers industry-specific insurance options for tow trucks and auto transporters. Our program is built to cater to the particular needs of your industry.

Here are some of the insurance options we offer to tow trucks and auto transporters:

• Garage-keepers liability
• Automobile liability
• Legal liability
• Theft coverage
• On-hook coverage