MLchartDataset catalogue

Fleet policy

Term · Insurance and risk management · MLC-T-INS-001547

A single insurance contract that covers multiple vehicles owned or leased by a business or other entity. This type of policy simplifies administration and can offer lower per-vehicle premiums compared to insuring each vehicle separately. A fleet policy provides liability and physical damage coverage for all scheduled vehicles, with eligibility determined by the number of vehicles, which is often a minimum of five.

Table 1. Record
IdentifierMLC-T-INS-001547
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001547",
  "term": "Fleet policy",
  "field": "Insurance and risk management",
  "definition": "A single insurance contract that covers multiple vehicles owned or leased by a business or other entity. This type of policy simplifies administration and can offer lower per-vehicle premiums compared to insuring each vehicle separately. A fleet policy provides liability and physical damage coverage for all scheduled vehicles, with eligibility determined by the number of vehicles, which is often a minimum of five.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/fleet-policy/"
}

Record 1,411 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.