At What Point Does My Small Business Need Fleet Insurance?

When you start a business, often the focus is on growing that business. However, along with growth comes some questions. Should you expand to a second location? Hire more people to help out? How can you continue to make your business expand and stay profitable? If your small business uses any type of vehicles as part of the business, you might want to ask yourself if you have expanded to the point where you might require fleet insurance for your working vehicle fleet.

fleet insurance for your working vehicle fleet

Fleet insurance can be taken out on as little as two business vehicles. However, that doesn’t mean that you necessarily need fleet insurance at this point as regular liability insurance might be cheaper. Once your business has expanded to three fleet vehicles, it makes fiscal sense to go with fleet insurance at this point, since it will almost always be more cost effective to have three or more vehicles on one policy.

Fleet insurance doesn’t only cover cars or trucks that you use for your business. It can be any type of vehicle used for your business, including some you might not have thought of. Things like buses, vans, trucks, SUV’s, and even tractor-trailers can all be mixed and matched into one fleet insurance policy for your small business (that is turning into a larger one!).

Here at Curtis Helms Insurance, we work with business owners large and small every day. If you have questions about business insurances of any kind, including fleet insurance, we would be happy to talk with you.