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Fleet Insurance in Chapel Hill and Raleigh, NC

If your business owns and operates three or more vehicles as part of its daily operations, you may be eligible for a fleet insurance policy. These plans resemble a commercial auto policy that covers many vehicles at the same time, helping you to meet coverage requirements at an affordable rate.

Industries that can benefit from fleet insurance coverage include:

  • Government agencies
  • Construction companies (including those with large construction vehicles like bulldozers)
  • Taxi services
  • Vehicle rental companies
  • Delivery services
  • Any other company that operates a fleet of vehicles

As of 2013, the Bureau of Transportation Statistics found that there were over eleven million fleet vehicles in service, with government and rental use seeing the most growth over the years.

Fleet Insurance Features: Commercial Auto Insurance

Commercial vehicle policies are a major part of fleet insurance, and they cover the vehicles themselves against damage and loss.

In most cases, fleets that focus on services (handymen, locksmiths, and similar professions) will see the largest discount on their premiums. Vehicles used for retail work, such as delivering food or flowers, usually see a more moderate reduction in premiums. Finally, companies that ship either people or large volumes of products see the lowest reduction, simply because there tends to be more damage in a collision. The current average is more than $20,000 for each incident, and since fleet drivers tend to be on the road far more than the average person, there’s a greater likelihood of a collision sooner or later. However, this is when having the proper insurance coverage becomes invaluable.

What's Covered by Fleet Insurance

The main component of fleet insurance is its blanket coverage of vehicles and employees—any employee will be insured while driving any vehicle in your fleet unless they've been specifically excluded from the policy. This is ideal for companies where vehicles frequently have different drivers, as well as companies that have vehicles out on the roads on a regular basis. All fleet insurance policies will meet or exceed the minimum amount of coverage required for commercial vehicles in your area.

If you're not sure whether a vehicle you use qualifies for coverage under a fleet policy (for example, you have a privately owned vehicle that's also used for business purposes), talk a Seagroves Agency, Inc. agent and they'll let you know if your vehicle is eligible.

 

1. Hatfield, Gary, and Janis Christensen. "10 Ways to Reduce Fleet Costs." Fleet Financials. March 2014. Accessed April 27, 2016. http://www.fleetfinancials.com/article/story/2014/02/10-ways-to-reduce-fleet-costs.aspx.

2. "Table 1-14: U.S. Automobile and Truck Fleets by Use (Thousands)." Bureau of Transportation Statistics. Accessed April 27, 2016. http://www.rita.dot.gov/bts/sites/rita.dot.gov.bts/files/publications/national_transportation_statistics/html/table_01_14.html_mfd.

3. "Do You Know the True Cost of Fleet Accidents?" Telogis Blog. Accessed April 27, 2016. http://www.telogis.com/blog/cost-of-fleet-accidents/.

Our Locations

Chapel Hill Office

1506 E Franklin St, Ste 100
Chapel Hill, NC 27514
Main office: 919-634-6473
Fax: 919-967-0411

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Mebane Office

1036 Mebane Oaks Rd
Mebane, NC 27312
Main office: 919-533-2489
Fax: 919-563-1107

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Pittsboro Office

119 Hillsboro St
Pittsboro, NC 27312
Main office: 919-634-6564
Fax: 919-542-1107

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Raleigh Office

6404 Falls of Neuse Rd Suite 101
Raleigh, NC 27615
Main office: 919-634-6663
Fax: 919-883-4516

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

I have been with Nationwide for more years than I can remember and they have always been so helpful and really are easy to work with. There is no arguing or pleading when there is a claim, they quickly address the situation and are so fair in appraising the damage and the check is in the mail within a couple of days. Lee Doss is my Nationwide Agent and she is always there to help with a friendly and caring attitude.
- Sandyman
I've worked with Hayden a this agency and have had good experiences with getting questions answered and any information needed.
- FredW
I have never written a review for anything before, even when I am happy with services provided. But Seagroves is something else. Leon, who I was referred to by a car dealership, is not only an amazing insurance agent, but also a great advisor in all things automobile-related. Not being from the US, I don't always understand how things are done with vehicles here, but Leon was very patient and truly did go the extra mile to make sure my experience with Seagroves was positive. Generally, the agency is always happy to help, is always very polite and comprehensive with all the information they give. 100% would recommend and will be remaining loyal to this agency no doubt.
- Daniel1
Insurance is a necessity we all hope we never have to cash in on, but if we do, it's because we've had to deal with something stressful in our lives and the last thing we want is added stress from our insurance company. I was insurance claim free for many years, but in the last 6 months I had an auto claim and a homeowners claim. The people at Seagroves treated me like family and did everything in their power to see that my claims were handled quickly and stress free. Great Customer Service is hard to find these days, but you'll find it with Seagroves.
- TakenCareOf