Fleets are the lifeblood of many businesses. They keep your product or team moving where they need to be, and we can help protect them. 

Sutherlands has written fleets from 5 units to 500 units in many industries, and our team of experts is happy to procure the right coverage at the right price for your needs.
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What Does Fleet Insurance Cover?

If your business relies on transportation of employees, customers, or goods, having a fleet of vehicles can save you time and money. A fleet insurance policy will help protect your business’s vehicles if they are damaged.

As with any insurance policy, there are limits to fleet insurance coverage. Our policies generally include:

  • Liability coverage up to $25 Million
  • Loss of use, or coverage for a rental in the event of a loss
  • Flexible terms and pro-rata blanket fleet additions 

We are committed to ensuring your policy meets your requirements and includes the necessary types of coverage for your business to operate efficiently.

Does Your Company Need Fleet Insurance?

The number of vehicles your business owns will determine what kind of insurance you need. To qualify as a fleet you typically have to have at least five company vehicles. 

The purpose of the vehicles in your daily business operations also makes a difference. Fleet insurance covers commercial vehicles used for:

  • Transporting employees
  • Transporting materials or equipment
  • Making deliveries
  • Carrying passengers or other third-party individuals
  • Rent or hire 

Types of Vehicles Fleet Insurance Covers

Fleet insurance is designed for vehicles that operate on public roads. For example, our fleet insurance policies cover vehicles such as:

  • Cars, vans, and SUVs
  • Trucks, such as delivery trucks, pickups, and tow trucks 
  • Specialty vehicles like limos or buses
  • Trailers

Some vehicles are not covered, such as equipment used for building or road construction. This includes things like steam rollers, bulldozers, graders, or cranes. If you need insurance for this kind of equipment, contractors insurance may be a better fit. 

How Much Does Fleet Insurance Cost?

Every policy is different, whether you’re a small business in Guelph or have locations throughout Ontario. The cost of your insurance depends on:

  • Vehicle storage location
  • Insurance claims history
  • Years in business
  • Purpose of the vehicle
  • Annual mileage of each vehicle
  • Driver experience and safety records
  • Coverage limits

To get an accurate quote, it's important to speak with one of our qualified brokers to understand your needs. 

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Frequently Asked Questions

What is the difference between fleet and personal auto insurance?

Fleet insurance is specifically for business owners to protect vehicles that are an asset of their company. If a vehicle covered by a personal policy is damaged while being used for business operations, your insurance might not cover the damage.

Do all of my fleet vehicles have to be the same?

Not necessarily. Most of the time we can insure all of your fleet vehicles under the same policy, even if you own different types such as cars and buses. 

What doesn’t fleet insurance cover?

Fleet insurance doesn’t cover mobile equipment such as bulldozers, cranes, or other road construction equipment. It also doesn’t cover businesses with less than five vehicles.

Can a vehicle be uninsurable with fleet insurance? 

For the most part, as long as a vehicle is eligible for a fleet insurance policy, its age or condition will not disqualify it. Most applications that get denied are because of other factors, such as the business being part of a high-risk industry or having multiple insurance claims in the past.