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Calcimator

Fleet Insurance Cost Calculator

Estimate per-vehicle insurance cost with fleet size discounts.

Inputs

$
yrs
mi
$

Results

Total Annual Premium

$19,600.00

≈ 10 gaming PCs

Per Vehicle Annual

$784.00

≈ 9 nice dinners out

Monthly Fleet Cost$1,633.00
Per Vehicle Monthly$65.00
Insurance Cost/Mile$0.03
Fleet Size Discount10%
Total Fleet Value$1,000,000.00
How to Use This Calculator
  1. Enter Fleet Size (number of vehicles) and the Average Vehicle Value.
  2. Select Vehicle Type (sedan, SUV, van, or truck) and Coverage Type (liability, liability + collision, or full).
  3. Set Average Driver Age and number of At-Fault Accidents in the last 3 years.
  4. Enter Annual Miles per Vehicle and select your Deductible amount.
  5. Review Total Annual Premium, Per Vehicle Annual cost, and Monthly Fleet Cost.

How the result changes with Avg Vehicle Value

Avg Vehicle ValueTotal Annual PremiumPer Vehicle Annual
$24,000.00$11,750.00$470.00
$59,000.00$28,925.00$1,157.00
$101,000.00$49,500.00$1,980.00
$136,000.00$66,650.00$2,666.00

What each input means

Fleet Size
Total number of vehicles in the fleet.
Avg Vehicle Value
Average current market value per vehicle.
Vehicle Type
Primary vehicle type in the fleet.
Coverage Type
Level of insurance coverage.
Avg Driver Age
Average age of fleet drivers.
Accidents (Last 3 Years)
Total at-fault accidents fleet-wide in last 3 years.
Annual Miles per Vehicle
Average annual miles per vehicle.
Deductible
Per-incident deductible amount.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Fleet Size = 25, Avg Vehicle Value = 40000, Vehicle Type = 3, Coverage Type = 3 = 8 input(s) provided
  2. Calculate Total Annual Premium
    Total Annual Premium
    19600 = $19,600
  3. Calculate Per Vehicle Annual
    Per Vehicle Annual
    784 = $784
  4. Calculate Monthly Fleet Cost
    Monthly Fleet Cost
    1633 = $1,633
  5. Calculate Per Vehicle Monthly
    Per Vehicle Monthly
    65 = $65

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