FLEET INSURANCE
WHAT IS FLEET INSURANCE?
Fleet insurance provides cover for a number of business vehicles. Fleet insurance provides greater flexibility and means that you can insure all your vehicles as part of one policy rather than with individual insurance policies. You can insure any driver to drive your business vehicles; you may prefer to nominate specific drivers, or you can open up your policy to include any driver within specified limits.
It’s tempting to believe that fleet insurance relates to large numbers of vehicles, but fleet insurance is available for anything from two vehicles upwards.
This form of insurance is growing in popularity, and it could be more economical to consider fleet insurance if you have two or more company cars. So, it is worth considering fleet insurance for your business.
You can also add breakdown insurance to your fleet insurance policy, helping to keep your vehicles on the road.
WHY DO I NEED FLEET INSURANCE?
Fleet insurance can provide flexibility and good value. The insurance is calculated or rated on a number of factors, including the number of vehicles in the fleet, the average age of the vehicles, and the safety record of the drivers on your fleet.
If your business is growing, it makes sense to consider fleet insurance. It means that you can broaden your fleet insurance cover as your business grows. If you acquire more vehicles, these can be added to your existing fleet insurance policy and the price adjusted accordingly. Fleet insurance can often be more economic than trying to insure separate vehicles on zero no claims discount.
WHY USE A BROKER FOR FLEET INSURANCE?
There are many factors to think about when organising fleet insurance, so it’s useful to consider using a broker, to help understand your requirements.
At Andrew Bull Insurance Services, we work closely with you to agree your specific fleet insurance needs and search the market on your behalf.
We understand the fleet insurance market and have strong relationships with a range of reputable and trusted insurers. Some of the insurers’ products are available only to brokers, so it is possible that we will be able to access insurance that is not available on the open market. We could also save you time searching for fleet insurance.