Auto insurance companies allow you to buy an insurance policy for every car you own — if you own multiple cars. However, the insurance companies also offer fleet insurance, which allows you to have a single auto insurance policy for multiple vehicles. Below are some things you should know about fleet insurance.

It Covers Multiple Automobile Types

You can use fleet insurance to cover different automobile types. For example, you can use the insurance for large commercial trucks, small passenger cars, heavy equipment machinery (such as forklifts), and vans. Thus, businesses with large variations of automobiles do not need to process and track different insurance, which lowers insurance costs.

It's Available in Different Levels

Insurance companies don't offer fleet insurance as a one-size-fits-all coverage. Variations exist in the industry for different business needs. For example, the common fleet insurance covers vehicles and not drivers. Such coverage protects your vehicles irrespective of the person behind the wheel.

However, you can also purchase fleet insurance for specific drivers. Such coverage is useful for businesses who don't own their cars or change cars often, for example, those who lease cars.

It Covers Multiple Risks

Fleet insurance is similar to traditional car insurance in some ways. For example, both insurance forms are available as:

• Liability coverage that protects third parties who suffer injuries or property damage due to your fleet
• Collision coverage that protects your cars from collisions with other objects
• Comprehensive coverage that protects your cars from theft and damages other than those that fall under collision coverage

Buy all forms of coverage for enhanced insurance protection.

It Offers Multiple Benefits

Fleet insurance has several benefits that other forms of insurance do not necessarily have. For example:

• Fleet insurance covers your drivers in addition to your vehicles. Driver coverage means the insurance carrier pays your employees' medical coverage in case of an accident.
• Fleet insurance reduces insurance costs for those who want to cover multiple vehicles. Processing one policy for multiple cars is easier than processing one per car.
• Fleet insurance lets you easily track your insurance paperwork, renewal, and costs. For example, you might forget to renew coverage for one of your cars if you have dozens of them, each with its policy.

Talk to your auto insurance agent for more information about fleet insurance. Compare fleet insurance quotes from different companies as you would for conventional auto insurance. Hopefully, you will get customized and affordable coverage for your cars.