Fleet insurance is the simplest way to insure your company vehicles.
If you have three or more company vehicles, you can have them all on one company fleet insurance policy, with one renewal date, so there is less administration for you, making it easier to ensure you have the right cover. Some insurers will quote on a fleet basis for only two vehicles, which is useful if you are a new business, perhaps purchasing new company cars for directors and wishing to add vans or other company vehicles to the insurance as they come due for renewal throughout the year.
You can transfer from 'no claims bonus' rated separate vehicle policies to fleet insurance quite easily. An independent commercial insurance broker will be able to help with this.
A motor fleet insurance policy is more flexible and saves you the bother of having to manage a number of separate policies, all with different renewal dates and payment dates throughout the year. You have the ability to add and delete vehicles at any time and to include temporary additional vehicles. You also have the option of insuring on an 'any driver' basis.
Fleet Insurance - Any Driver Basis
With fleet insurance, both private cars, vans and other commercial vehicles can be covered under the same policy.
You can extend cover to include trailers - attached and detached.
Commercial fleet insurance can be arranged on an 'any driver' basis. Insurers usually apply restrictions to this type of cover and the premium varies depending on these. Insurance for 'any driver over 25' is cheaper than for 'any driver over 21' for example.
A variety of vehicles can be included as follows:
- Fork Lift Trucks
Fleet Insurance Benefits
Some typical Fleet Insurance benefits are as follows:
- Free legal protection
- Courtesy vehicle
- New vehicle replacement within 12 months of first registration
- Windscreen cover on comprehensive policies
- Premium discounts for transferred No Claims Bonus
- EU travel
- Optional Breakdown assistance
- Cover for radios and stereo equipment
Get Fleet Insurance Quotes
An independent business insurance broker will be able to advise you on how to set up a new fleet policy or get you alternative fleet insurance quotes if your existing policy is due for renewal. If you want to stay with your existing insurer but would like a different insurance broker to handle things, this is also easy to arrange.
If you already have a fleet insurance policy and would like alternative fleet insurance quotations, you will need to request a copy of the 'confirmed claims experience' from your current broker, as insurers need to see this before they will quote. Do this in good time before the renewal date as it can take a few days to come through.