The terms "commercial vehicles" and "fleet vehicles" are often used interchangeably. But while there is some overlap between the two, they are not the same thing.
Commercial vehicles are designed for transporting goods or large groups of passengers. Cargo vans are the most common commercial vehicles, but heavy-duty trucks like the Dodge Ram HD or Ford Super Duty also fall within the commercial vehicle category. Usually, commercial vehicles belong to a company or corporation and are used for business purposes.
Fleet vehicles, on the other hand, are owned by an organization, business or agency, not privately owned by an individual. There are no size requirements for fleet vehicles, which can range in body type from small cars to larger pickups and vans. Generally, a fleet includes five or more vehicles.
To find commercial auto coverage for your clients, log in to Big "I" Markets and select Commercial Auto – Monoline from the product listing. You will find three carriers to choose from: Travelers, MetLife and Progressive. Liability ranges from $1 to $2 million. Coverage and availability vary by state and carrier.