What does listed as a fleet vehicle mean?

Answer The designation "fleet vehicle" can mean many different things. It can be a vehicle titled in a company's name and used by an employee, a rental agency's car, a bank-owned automobile driven by a pr... Read More »

Top Q&A For: What does listed as a fleet vehicle mean

What is a fleet vehicle?

Businesses basically have two budgets, capital and operating. Operating budgets pay for the day-to-day operations of the business. Capital expenses cover, among other things, structures, computer e... Read More »

What is a corporate fleet vehicle?

A corporate fleet vehicle is one of many vehicles owned by the company for employees to drive. Fleet vehicles are typically inexpensive cars because companies can own anywhere from several hundred ... Read More »

Would I be covered on a business fleet insurance policy if I am not listed as a driver?

In terms of Auto Liability...this depends....1. Does the policy excluded unscheduled drivers? If so, no coverage for you.2. Did you have permission to use the vehicle? If not, no coverage for you.I... Read More »

What is a corporate fleet lease vehicle?

A corporate fleet lease vehicle is an automobile that is leased so that its employees can operate the automobile for business use. Companies sign agreements with dealerships that specify how much a... Read More »