Your fleet consists of various guidelines, procedures, and regulations that are structured in the fleet policy. The fleet policy can be used to determine the type of fleet that will be needed, in addition to the characteristics of the fleet.
When you create a policy that includes information about who is eligible to operate the vehicles, you are helping to determine the size of the fleet. If you want to have a well-run and well-managed fleet, there needs to be a written fleet policy. It is essential that your fleet policy matches the needs of your business, as well as the business strategy you have created.
Not only is it important to have a fleet policy, but it is also important to ensure that the policy is current. This year, we have experienced the unprecedented impact of COVID-19. The pandemic forced fleets across the country to make changes and act on the fly. As fleets still continue to find their way through this tough stretch, it is bringing to light the insufficiencies of fleet policies.
Businesses are starting to realize their fleet policy was not created to handle something as impactful as COVID-19. An effective fleet policy is one that has the ability to adapt as changes and needs arise. It is important for businesses to review their fleet policies to ensure it has not become dated. Business conditions will not remain static, so it is important to ensure your business will not be exposed to current or future risks.
If you want to stay on top of a changing industry and business environment, we encourage you to review your fleet policy as often as possible. We understand that changes in the industry and your environment are not predictable, but you can be prepared for changes by ensuring your fleet policy is not out of date. The pandemic we are experiencing now is a great example of why having a current fleet policy is so important.
One of the things you can review in your fleet policy is the type of insurance coverage you have? Did this pandemic make you question whether or not you have the best coverage? You can keep your auto fleets safe and secure your business when you have the best coverage. The right fleet truck insurance policy can insure 5 vehicles or 500 vehicles. The coverage can be the same for every vehicle or it can differ, depending on what you need.
Purchasing sufficient fleet truck insurance and regularly reviewing your fleet policy can ensure you are covering your employees and your own assets. If you are looking for insurance quotes or more information about fleet policies, contact us today. We write fleet insurance in Florida, Georgia, Texas, North Carolina, South Carolina, Tennessee, Iowa, Nebraska & Illinois.