Commercial Fleet Insurance
Rather than separately insuring multiple vehicles, a Motor Fleet policy is the usual way for a business to cover them. Many types of vehicles can be insured this way including cars, vans, lorries, minibuses or ‘special types’ (i.e. fork lift trucks, diggers, dumper trucks and the like). Fleet policies are now available from two vehicles and up (although the majority of insurers fleet offerings start at three or more).
Like private motor insurance, cover options are Comprehensive, Third Party Fire & Theft or Third Party Only and it is possible to mix cover and types of vehicles with most providers. You can usually choose open driving (i.e. Any Driver) or can restrict to drivers over certain ages, such as 21, 25 or 30.
Comprehensive Cover usually incorporates windscreens, personal effects and medical expenses. You can even include ‘Occasional Business Use’ if your drivers need to be covered on vehicles outside of your own fleet but for your business purposes.
In order to rate their premiums, Insurers will look at many factors including include the type of cover required; type(s) of vehicles; age and value of vehicles; driver age restrictions; claims experience; profile of drivers (i.e. split in numbers of older / younger drivers, number of convictions / accidents etc.); risk management (i.e. driver training / use of dashboard cameras / use of telematics / drivers responsible for excess if fault claim etc. – many insurers will have partnership arrangements with providers of some of the aforementioned risk-management products so discounts for implementation are often available). We are able to access many motor fleet insurers. Please either call us on 01483 532921, complete our enquiry form or email us at email@example.com to discover how we can assist you in managing your motor fleet