Five Of The Easier Ways To Save On Fleet Insurance

Fleet insurance is the form of commercial vehicle insurance that you need if you use multiple vehicles for business. Here are five of the easiest routes to the best fleet insurance coverage at the lowest price.

One: Work with a leading insurance provider

It’s often difficult to compare the exact costs and coverages available under competing insurance plans. That’s why it’s important to work with experienced commercial insurance pros like the team at Girard Insurance.

We have more than 25 years of experience in understanding business owners’ needs and bringing winning quotes for the best coverage.

Two: Choose your drivers carefully

Just as it is with any kind of insurance, your fleet insurance premium costs depend to some degree on you and your drivers’ driving records. The more tickets and accidents, the higher the premium cost.

During any hiring process, you should make sure to do a thorough background check on your prospective employees.

This screening should include an inquiry with the department of motor vehicles and other licensing agencies. This can help you avoid costly, unpleasant surprises later.

Three: Use safety measures

Commercial insurance companies are impressed when companies that operate vehicle fleets, whether they’re taxi fleets, truck fleets or other commercial vehicles, opt to have their employees attend regular safety training meetings.

And, safety and security technologies such as vehicle anti-theft and tracking devices often help reduce premiums. Pre-crash warning systems are also helpful.

Backup cameras, alarm systems and fleet management software can help you save money on insurance costs, too.

Four: Add features that may reduce serious injuries

Insurers look favorably on companies that operate fleets equipped with additional devices and features to reduce serious injuries in case of an accident. These include –

  • Airbags in front and on the sides
  • Anti-lock braking systems
  • Extra padding on dashboards
  • Special laminated windshields

Five: Ask for discounts

If you do not ask, you shall not receive. You should ask for as many discounts and special programs as you can.

For example, insurers usually offer discounts for companies which have been in business for at least three years. And, special fleet coverage programs may be available.

When you need insurance for a vehicle fleet, we can help. For the lowest quotes and quickest claim service, contact Girard Insurance.

For a free quote call us toll-free at 844-750-6003

How to save money on your fleet insurance

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If your business relies on multiple vehicles, you need fleet insurance. Whether you own and operate a long-haul trucking company, taxi business or local delivery service, if you use more than a couple of vehicles, you’ll need fleet insurance to protect you, your business and your workers.

How can you save money when insuring a fleet? The answer is easy – Just work with a fleet insurance specialist like Girard Insurance.

Identify risks

Ask your insurer to analyze the claims history of your business. Experts here at Girard can identify patterns that may be adjusted or corrected in order to save money on your premiums.

Train your drivers

Training seems like a no-brainer, yet some businesses overlook it and assume that all licensed drivers are equally competent. Instead, driver training should be conducted regularly, and drivers should be quizzed about their understanding of how to handle specific situations when they’re operating company vehicles.

Be very selective about your workers

Drivers with ages between 17 and 20 are the most likely to lead to insurance claims. Not only are the claims from this age group more common, they’re also more costly. Premiums are nearly always less for drivers with at least 25 years of age, as long as they have a couple of years of driving experience.

And, it goes without saying that you should run background checks on all drivers – both before hiring them and then periodically during their employment – to make sure that their personal driving records don’t adversely affect your commercial insurance rates.

Take advantage of technologies that can save money

You already know how valuable technology is for roadway safety – Airbags, anti-lock brakes and safety glass windshields are taken for granted nowadays.

Yet, the insurance industry is constantly discovering and implementing new ways of improving vehicle safety and security. By using new technologies, you may be able to save a significant amount of money on your fleet insurance.

For example, front-facing cameras can help protect your company against both fraudulent claims and claims that your driver was at-fault in an accident. As well, rear-facing cameras and alert systems can help keep drivers from backing up into costly objects.

GPS and telematics

Commercial fleets benefit from GPS trackers, which can help locate stolen vehicles and their cargoes, as well as alert you if a driver is taking your vehicle “off the beaten path.”

And, telematics allow drivers to communicate with dispatchers and map out their routes, as well as help monitor compliance with speed limits and company policies. Plus, telematics can send data directly to your insurance company, offering an opportunity to save money on the cost of insuring a fleet.

Work with the best insurance company

The key to saving money on your commercial insurance premiums is to work with an industry leader like Girard Insurance. With more than 25 years of experience in commercial vehicle insurance, we’re known for providing the lowest quotes and the best claims service.

Have a question about insurance for your fleet? Just call us at 520-628-7888