Car Insurance Articles
How To Find Car Insurance Quotes For Vehicle Auction Fleets
2010-07-24
When seeking car insurance quotes, there are a number of factors that significantly impact both cost and coverage. Certainly, items such as the age of the driver, their driving record and state regulations will all impact the cost of the a car insurance quote, but the two biggest contributors to the ultimate cost of any quote will be what kind of car is being driven and what exactly it is being used for. For individuals, this means that a sports car driven every day to and from work will result in an extremely high quote and premium, while a sensible minivan used only occasionally will be far less expensive. For businesses, cars obtained from vehicle auction fleets or used collectively for business purposes can help to keep costs down, as insurance companies will often offer discounts to business that use multiple vehicles of the same type or who have purchased their vehicles at auction.
Vehicle auction fleets are fleet cars that often come from a city or other large company that only uses the vehicles for a short period of time-typically one to two years-and then sells them at auction. The vehicles come with two benefits-they have been used for a limited period of time, and their history is known. This means that the amount of wear and tear they have sustained is often less than a typical used vehicle. The downside of a fleet auction vehicle is that they are often white in color and do not come with a host of options or extras. They are simple and stripped-down, but safe and reliable. This known history, often coupled with lower mileage than the average used car, and the fact that they were used for a commercial purpose will often lead an insurance company to offer discounts on fleet vehicle insurance policies.
As well, a company can save money by buying multiple vehicles at a fleet auction, and then declaring them to an insurance company as a fleet. Anything over four vehicles owned and operated by a company will often qualify as a fleet in the eyes of an insurance provider, and can lead to multi-car business discounts, as well as the ability to obtain a broader range of insurance coverage and payment options. Multiple cars used for business speaks of stability to an insurance company, and as they are in the business of avoiding risk, this stability is music to their ears.
While some fleet vehicles at auction will have been hard used or be in less than stellar condition, many are road worthy and insurance ready upon purchase, and can help a business reduce insurance costs. Consider fleet vehicles to lower car insurance quotes.