Even though it is the most complete type of fleet insurance, you will likely find that the comprehensive policy will cost the most.
Third-Party Fire and Theft (TPFT):
The TPFT policy will cost less than a comprehensive policy. However, you will have substantially less cover. A standard TPFT covers injury or damage to third parties and property when in an accident. Adding the fire and theft to the policy means you have protection from fire damage, accidental as well as arson, and claims relating to theft or attempted theft.
Third-Party Only Coverage:
The third-party only coverage is the minimal amount of coverage available. In the event of an accident, the other person and their property are covered. Third-party only cover comes with the smallest price tag of the three types. However, can you afford to pay for medical treatment, repair vehicles and property, or replace your vehicles or property damaged beyond repair? Opting for third-party only fleet insurance could save you money immediately, but in the long run you could incur hefty expenses.