What is Fleet Insurance?
Fleet insurance enables you to purchase cover for all your vehicles from one broker which is normally rewarded with a discount. Fleet insurance is flexible and can be used to insure 3 vehicles upwards and the vehicle type can be mixed, for example 2 cars and 1 lorry can be covered by fleet insurance.
Many company types require a fleet of commercial vehicles to operate their business. Delivery companies, construction companies, sales oriented companies and taxi services are just a few examples of commercial businesses that rely on a fleet of vehicles. For these companies a fleet insurance policy can be more affordable than insuring each individual vehicle separately.
Top Tip to Reducing Fleet Insurance Costs Come Renewal Time
Do you know your fleet’s claims performance?
Start by asking your current fleet insurance broker for a copy of your fleets authenticated claims experience. When you ask for a copy from your current underwriter it will start a ball rolling leading to possibly reduced premiums come policy renewal time. You may be asking what is it? Within the insurance industry it is a standard form that details information on your fleet's performance over a period of 3 years (or less if the business is new ). The form contains all the details of each vehicle in the fleet, such as any claims made and the frequency of payments made by the current underwriters to cover your claims, plus any claims that are still pending. This form will also be requested by any future underwriter and by just asking you can be sure it will set in motion concerns of losing your valuable business and most likey to a reduced quote for your fleet insurance renewal.
Types of Cover Available
Fleet insurance like singular vehicle insurance can be third party only which is the minimum legal requirement to drive on the UK road system. An extra level of protection that will also include fire and theft can also be purchased in addendum to the basic third party cover. The highest level of cover includes the previously mentioned, but also covers your personal or business costs resulting from any accident. When purchasing fleet insurance do take time to consider other aspects, for example does it include cover for driving in Europe or further abroad, do you require breakdown cover to be included or goods in transit cover? These are all important questions that should be considered prior to the purchase of your annual or monthly fleet insurance.
100 plus Fleet Insurance Quotes Online
Looking for the best family fleet insurance? Start by comparing the market to get the lowest possible price on your family automobiles. Get started today by select the quick quote button and completing a simple online inquiry form. Within minutes you will receive a multitude of quotes from the top UK specialist brokers.
Need multiple quotes for your small or large business fleet of cars? We can help by providing multiple quotes with 20 plus top uk insurance brokers within minutes of completing the online enquiry form. Get started by selected the quick quote button Now!
Compare the cost to insure a small fleet of commercial vans, company cars, trucks, minibuses and many more vehicle categories including multi cover options. Select the quick button and receive quotes from top UK insurers that include Zurich and Allianz plus many more. Read more about our van fleet insurance options.
FAQ - Who Can Drive ?
This is a frequent question. You will find that most fleet policies are usually arranged on an Any Authorised Driver basis which means that anyone can drive with the permission of the company/directors. However discounts can apply if you start to restrict to named drivers or based on age (e.g. Any Driver over 30). If you include young drivers under 25 is likely to result in an increased policy excess.
Commercial vehicles are often expensive to cover. We advise getting multiple quotes for your commercial fleet insurance as a starting point. Then spend time to compare the details within each policy to find the one that best covers your personal or business needs.
Looking to compare deals on lorry fleet insurance cover from multiple uk brokers ? We help you by submitting your auto cover requirements to a multitude of top uk specialists brokers that provide insurance policies for lorries only.
Taxi fleet insurance cover online can be expensive so it is best to shop around and compare the market thus ensuring you find the lowest priced cover available. Costs can be reduced by careful selection of drivers for example ensuring that all drivers are over 25 and conviction free will play a big role in reducing your annual policy costs.
Compare Fleet Insurance Specialists
with 20 + UK Specialists Brokers
HGV Fleet insurance is now available online. We compare multiple uk brokers online in minutes thus making sure that you get the best deal and cover on your Heavy goods vehicles.
Business Fleet insurance has just been added to the range of fleet cover options available online.
Checklist to Saving Money on the Cost of your Fleet premium
- new customers – Most brokers offer attractive introductory discounts for new customers, so it does pay to shop around at renewal time.
- Reduce your annual mileage – If possible agree a cap on your fleet mileage with your underwriter or broker. Reducing time on the road will also reduce the risk and thus fleet insurance costs.
- Discounts for truck fleet cover – Put all your vehicles under one multi fleet policy, it will reduce admin and also reduce your annual fleet insurance premiums.
- Build a history of no claims discounts – This can play a big factor in reducing fleet cover costs so work at reducing the number of claims which will result in significant savings on your annual or monthly insurance costs.
- Choose a flexible payment method – Most brokers are flexible on installment payments methods. These can be monthly, quarterly or semi annual and remember setting up a direct debit will make the process automatic.
- Expert advice – Take advice from the insurance specialists when unsure of what you should include and the level of cover required.