Give us a call
417.708.8345

Fleet Insurance in Marshfield and Strafford, MO

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 a Theobald Insurance Group 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/.

Our Location

Theobald Insurance Group

737 W Hubble Dr, STE A
Marshfield, MO 65706
Main office: 417-708-8345
Fax: 417-859-6541

Our Providers

Testimonials

As always, saved me $ is the biggest reason. Secondly, nice to know you will be there for me in case of a claim. Also, you always look for the little extras on a policy that I didn't have before. Thanks Amber!

Nathan F.
Theobald Insurance Group is great!!! We recently changed from Farmers Insurance to Nationwide and saved money. The transition was smooth and painless thanks to Amber's help and expertise. When I call with a issue or change, I get a immediate response from Theobald Insurance Group. Best in Marshfield.

Athena N.
Worked hard to get the best rate. Staff friendly.

Caroline G.
Amber is very knowledgeable. We received our quote and policy quickly. Very pleasant company to work with.

Darin C.
The level of commitment, professionalism, and most importantly friendliness shown to Betsy and I was amazing. We feel like our needs matter to you and that is very rare. Thank you so much for taking care of our insurance needs.

Carl G.
Its like family.

Tony F.
I recently came to Theobald Insurance Group because many of my friends said it was a wonderful place to be! I had only had insurance at the Theobald Group for about four days when an uninsured driver hit my truck. They were helpful and Safeco was wonderful, taking care of me in my time of need. I would highly recommend Theobald Insurance Group to all my friends!”

Sarah V.
We love and trust everyone at Theobald Insurance. We feel they care about what is best for us and go above and beyond to keep us affordably safe.

Jason C.
Amber is always willing to help Us out anytime that We ask.

Donald R.