New vehicles and your fleet insurance

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How new vehicles may impact your commercial fleet insurance

how new vehicles affect fleet insuranceWhen you shop for a vehicle for your company, you probably weigh the pros and cons of features and price. Make sure you also consider how a new vehicle impacts your insurance.

Things to understand about the cost of fleet insurance before you buy your next company car or truck:

Here’s how the truck classes break down:
  • Light trucks, up to 10,000 pounds. Panel vans, pick-ups, parcel vans, refrigerated trucks and flatbed trucks.
  • Medium trucks, 10,001 to 20,000 pounds. Mid-size refrigerated trucks, stake bed and box trucks.
  • Heavy duty and extra heavy duty trucks, 20,001 to 45,000 + pounds. Beverage trucks, farm trucks and grain trucks.
The trailer class includes:

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