Fort Smith, Ark., Evaluating Fleet Insurance Policy

March 28, 2012

FORT SMITH, AR - The City of Fort Smith, Ark., is examining the insurance policy it uses for its fleet to find savings, according to City documents. The City stated that it currently has a policy with Traverler’s Insurance that covers fleet vehicles and buildings. Although the City could choose to drop the policy and go with a different policy, in doing so it would lose coverage of its buildings.

The City is considering a policy with the Arkansas Municipal League instead. Fort Smith is facing a 7.6% increase in its policy cost with Travelers, but the minimum compulsory amount for insurance is the maximum level the Municipal League offers, i.e. $25,000 for one person, $50,000 for any one accident, and $25,000 for property damage. The policy with Travelers provides $1,000,000 per accident limit of liability by contrast.

According to the analysis conducted by the City, it can save $156,422 by going with the Municipal League’s policy instead but will lose the higher level of coverage.

The City has yet to decide which policy to take and discussed the pros and cons of the available policies at a study session during the week of March 26.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Article News

Popular Stories


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Public Fleet Tracking And Telematics

Amin Amini from Verizon Connect will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Recent Topics

Is a bachelor's degree truly necessary in order to become a fleet manager, or does achieving certification as a CAFM or equivalent carry...

View Topic

At the City of Kirkwood, charging out direct labor hours is taken very seriously and one of my technicians posed a very good question....

View Topic

Fleet Documents

1134 Fleet Documents (and counting) to Download!

Sponsored by

MRM stands for Mobile Resource Management. This concept refers to the body of knowledge related to managing mobile resources, including vehicles, devices, and personnel.

Read more