How does fleet insurance differ from standard auto insurance?

Fleet insurance is designed to cover multiple vehicles under a single policy, providing both convenience and streamlined management of insurance for businesses that operate several vehicles. This type of insurance is particularly beneficial for companies with a fleet of cars, trucks, or vans, as it allows them to insure all vehicles collectively rather than requiring separate policies for each one.

This arrangement often leads to cost efficiencies and easier administration, as businesses can handle renewals, claims, and policy modifications in a centralized manner. Fleet insurance typically includes coverage for liability, damage, and may allow for flexible policy options that can expand as a business grows or its vehicle needs change.

The other options relate to aspects not characteristic of fleet insurance. Coverage for a single vehicle or limitations on liability do not align with the purpose of fleet insurance, which aims to provide comprehensive protection for multiple vehicles simultaneously. Additionally, fleet insurance is not limited to personal use vehicles; it encompasses a range of vehicles used for business purposes.