Insurance For Lessors

Casey Fleet Solutions has been providing Fleet Insurance Coverage to leasing Companies since 1995 and has created a sophisticated yet flexible interfaces to manage large fleets, providing the lessor with many tools that are not available from other agencies or carriers.

Since the concept of fleet leasing commenced in the 1940's, there have been many attempts by leasing companies to provide insurance coverage to their lessees. Most of these attempts have been subjected to re-structure many times, as the Lessor discovers that he is carrying an undesired risk, or that the losses sustained have outweighed any available benefits from their program.

The highly specialist nature of fleet insurance is a natural for outsourcing, particularly if the program allows the Lessor a degree of flexibility and profit participation.

Program Highlights


InsurancePlus has a standard coverage that complies with the needs of 99% of Lessors and Lienholders. Alternative coverages are available. The basic coverage details are:

Automobile Liability
Bodily Injury, Property Damage, Liability: $1,000,000 Combined Single Limit
Uninsured/Underinsured Motorist: $1,000,000 Combined Single Limit
Personal Injury Protection: Statutory per State
Physical Damage
Collision: Actual Cash Value: $1,000 deductible
Comprehensive Actual Cash Value: $1,000 deductible

Premium Pricing Based on Fleet Mix and History

Premiums are calculated on the geographical mix of your insured fleet, and are then assessed by the loss history of each individual client within the fleet. This allows for a mix of excellent and not-so-good histories, without the better clients being penalized for the losses of others.

Removes All Risk From Lessor

Our program is designed to remove all risk from the lessor, allowing him to concentrate on his real business, but still provide the product as a profit center. Those Lessors who wish to participate in the risk in the hope of increasing margins on the product have the ability to do so.

Competitively Priced

Our program represents competitive commercial fleet premiums. This is especially true when one considers the fact that the cash flow is better than available anywhere else and that Accident Management may be included, free of charge for those Lessors who do not have their own program. If you do have your own Accident Management program, YOU WILL GET PAID for the services provided.

Optimized Cash Flow

Our program calculates the actual premium per month per unit based upon the number of units active at the time. Therefore your clients' premiums reflect the exact profile of their fleet each month. There is NO DOWN PAYMENT or DEPOSIT of 25% at the outset of their coverage, and, because the Insurance Premium is included in the monthly leasing bill, your client only has one bill to contend with each month.

Program meets Umbrella Requirements

The limit of Liability of $1,000,000 meets the underlying requirements of virtually every Umbrella Liability policy we have ever seen. Our insurance carrier is A+ rated which is also required by the Umbrella insurance company. Higher limits are available where required.

Optional Accident Management

We can, where required, provide accident management, not just another insurance company claim department for our clients. This is a level of hands on, driver friendly service not available from a traditional commercial auto insurance policy. In addition the work flow, quality and cost of the repair is monitored to a much greater extent than normally seen. This helps keep future insurance costs under control - and it doesn't cost you, or your client a dime in additional premium.

An Independent Profit Center

The structure of our program allows you to retain profits from this service in exactly the same way as the issuance of fuel cards. A no-risk bottom line contribution with absolutely minimal involvement must be an attractive proposition.


This program is not a newcomer to the market, we have been operating this program, and refining it for nearly ten years. We are extremely proud of the fact that over those years, we have covered many thousands of vehicles, without one dime of loss being incurred by the lessor.