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Complete our quick & easy form with a few essential details about you and your policy needs

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Compare Fleet Insurance

We compare multiple specialist fleet insurance brokers who have access to a wide range of multi-vehicle insurance schemes.

We know exactly what type of fleet each of our partners are competitive at quoting. This allows you to compare fleet policies quickly and easily using our industry experience.

Insuring a fleet can be quite expensive so it is essential that you take time in finding the right provider for your needs.

How to compare policies

Before applying for a fleet policy, first list down the relevant factors that will enable you to compare quotes.

Those factors will include:
– The type of fleet you operate (courier, hgv, taxi etc)
– The level of cover you want (Third part or Comprehensive)
– The number of vehicles you wish to cover
– The drivers details
– The types of goods you will transport
– The areas your fleet will operate in

Once you have completed this, apply for your fleet vehicle insurance quote with us. Our motor fleet brokers will take this information and get straight to work on finding a policy tailored to you.

What is Motor Fleet Insurance?

Motor fleet insurance is a type of policy that covers multiple vehicles and drivers under one single policy.

Fleet policies are versatile and will be tailored to the individual needs of the company requiring a policy.

There is no maximum number of vehicles or drivers for a fleet policy. It will be quite common for fleet operators to be adding and removing both vehicles and drivers regularly.

What vehicles are coverable on a fleet policy?

If it perfectly possible cover any type of vehicle with a fleet policy. Typically a policy will cover cars, vans, LGV’s and HGV’s but motorbikes and other vehicles can be included.

The benefits of a Fleet Policy

By taking out a fleet policy, there are some huge benefits to take advantage of. Through multi vehicle fleet insurance, operators can benefit greatly by not having multiple renewal dates or brokers to deal with.

Using 1 broker to manage an entire fleet can also lead to great discounts and benefits. The brokers we use take time to understand your fleet and your requirements. Through knowing this, they can better provide advice and insurance benefits.

Fleet policies differ from other vehicle insurance policies. Fleet policies do not rely on a system of no-claims bonus in order to calculate discounts. Instead, they calculate the total cost of claims over a fixed period of time and adjusting the premium accordingly. A lower total claims value will lead to a higher discount, and therefore a lower premium on your policy.

The insurance brokers that we work with will also allow combined policies. These are where it is possible to add additional cover such employers liability or cover for the goods carried. By combining policies, it is again possible to save even more.

Is Fleet Insurance cheaper?

Fleet cover is calculated slightly differently to normal insurance policies. Although having a clean claims record will definitely help, vetting your drivers for claims and convictions and choosing a named driver only policy will better aid your chances in gaining a cheap fleet insurance policy.

Like any insurance policy though, it is essential to compare motor fleet schemes and brokers in order to get the best rate.

Cover Levels

There are a wide range of fleets out there, all requiring different forms of cover. The very basic level of cover is to insure your fleet of vehicles on a third-party basis. This is the very minimum level of cover required by law. It is a very limited form of motor fleet policy and it is always recommended that fleet operators consider a more comprehensive policy to ensure proper coverage.

Third Party Cover

Third party policies will only insure the third party in the event of an accident. This means that should your driver be at fault, only the other person will be covered and you will have to pay for the damage to your own vehicle.

Comprehensive Insurance

A comprehensive policy is a much more bullet policy that will pay out for your vehicle as well in the event of a fault claim. It covers everything in in Third Party insurance and a lot more.

Whilst the cheaper price may be attractive to anyone looking to insure their fleet, it is important to consider some of the implications of using third-party cover. Vehicles lost with only third party cover will not be paid out for.

The most comprehensive form of fleet cover will not only cover damages to the vehicles, but can also cover personal and business costs that may be a result of an accident.

Combining Insurance

The type of activity of your fleet will dictate greatly the extras you need on your commercial fleet insurance policy. It is extremely important to include the relevant extras so that your commercial fleet is correctly protected. It is worth sitting down and working out your cover requirements before getting your fleet quotes.

Public Liability

If you are required to unload goods in public places, such as those involved with a courier fleet, then public liability is a must. This basically protects you against any harm to the public or property belonging to the public caused by your drivers.

Employers Liability

Employers Liability cover protects your drivers. It is a legal requirement to have this policy in place if you employ people. Fortunately, you can have it added on to your fleet policy quite conveniently.

Goods in Transit Cover

If you carry goods belonging to other people, then Goods in Transit Insurance is essential. This policy add-on covers the goods you carry. It is fully tailorable in its own right so whether you carry cheap goods or expensive goods, you can customise this fleet policy add-on so that it is right for you.

Own Goods Coverage

This covers equipment required by your employees in order to successfully complete their work. This may apply to those in craftsmen trades such as electricians

European Travel Insurance

If your drivers are required to travel across the continent, then European Fleet Cover is essential and will protect you against the risks of travelling abroad.

Any Driver Fleet Insurance

Policies will be broken down as either ‘named driver only’ or ‘any driver”. If you have a high turn over of staff or employ agency workers or contractors to drive your vehicles, then any driver fleet insurance is essential to make sure your vehicles are protected.

A business fleet policy for any driver can also be a great way of improving the flexibility of your operation knowing that any driver is able to drive any vehicle providing they have a valid driver’s license.

How To Get Fleet Insurance

Fleet Insurance is quite a complex policy but when you get it right and have an expert fleet broker protecting you, it proves to be a vital investment.

Before you start the process of applying, we recommend getting a few facts worked out and paper work ready to use when speaking with the broker.

Getting ready to apply for Fleet Insurance

The first step is to have all the relevant information to hand ready. The broker is going to require a list of vehicles, type of vehicles,  drivers you wish to insure (if wanting a cheaper named driver policy), convictions and ages of drivers and general use of the vehicles.

Fleet Vehicle List

For each vehicle you wish to insure on the policy, you will require the following information:
– Make
– Model
– Age
– Value

Type of Vehicles

Your fleet may take various forms such as a courier fleet, or hgv fleet. Maybe your vehicle is a mix of a few vehicles. Non of this is a problem providing you know what each type of vehicle is. To start, you may have 20 taxis and 3 minibuses (if you wanted to insure a taxi fleet for instance).

Named Drivers

It is possible to gain policies that allow anyone to drive over a certain age. These policies however tend to be more of an expensive form of policy. As such, most fleet operators tend to opt for what is known as a ‘named driver fleet policy’. This is where the broker will ask for the details of each driver you intend to insure. They will require the following:
– Name
– Sometimes home address (if taking the vehicles home over a certain value)
– Age
– Convictions (motor and sometimes criminal)
– No Claims Bonus

Location of Fleet when not in use

If you keep your fleet secure in a locked compound with proper security when not in use, it is likely to help obtaining a cheaper fleet insurance policy. If drivers are allowed to take their vehicles home, it may add to the cost due to the increased risk.

Work out Fleet extras

When getting a fleet insurance, you will require a list of extras you may wish to add (if any).

These can include but not limited to: Courtesy Car Extension, Trailer Cover, Plant and Tool Cover, Employers Liability, Public Liability, Goods in Transit Cover, Legal Expenses Cover, Protected No Claims Bonus, Breakdown Cover, Excess Protection and Windscreen cover.

Apply

Once you know what you want from your policy and have all relevant information, you can start applying for your policies. Our team will be happy to help with your application connecting you with the cheapest fleet brokers.

Save Money on Fleet Insurance

Negotiating the insurance premiums for fleet vehicles can be a costly process. There are however several things you can do to help bring those premiums down for your multi vehicle fleet policies. These tips will apply to all sorts of fleet vehicles, from company fleets through to large courier courier fleets.

If you are responsible for your companies fleet of vehicles, then you will be well aware of how much the premiums can be. Luckily, there is scope for fleet managers to look at reducing their fleet insurance costs when the time comes to renew their cover. These real-world tips can see some great savings across the whole fleet if you take the time to implement them.

Ask for your fleet claims performance

One excellent initial way to help get a better quote from your current insurer is to ask them for your fleet’s authenticated claims experience.

This is a document that shows data from the whole of your fleet such as exposure and the number of claims made over the last few years. Where this can work a treat is that it will alert your current insurer to the fact you may be looking to move elsewhere. This will therefore encourage them to give you a better deal to stick with them.

Make sure you have the right type of cover

Another area to consider is what is included in your current insurance premium. Most companies will have a few extras in their fleet insurance that soon bump the overall cost up. Things like windscreen cover are a great example of this.

Take the time to consider not only if you really need these extras and if so, could you get it cheaper elsewhere? By doing this, you will soon drive your costs down.

Look at where your vehicles are based

In general terms, your insurance costs will be cheaper if the vehicles are not primarily used in a city like London. Some companies make the mistake of telling their insurers that their fleet is based in the city they operate from, even if the cars are not actually present or driven there! If this is the case, let your insurer know the details of your drivers and their postcodes to drive your costs down.

Compare Providers

Of course, one superb way to find better value fleet insurance is to shop around between insurers. Although it can take up a little time, it really is essential that you compare fleet insurance if you really wish to bring down the cost of a policy.

Improve security

A key way of reducing fleet vehicle insurance costs is to improve the security of the vehicle itself. Modern vehicles will doubtless have standard safety features, but after-market locks, tracking systems, and telemetry devices can have a big impact on lowering insurance costs.

If you operate a courier fleet, these additional features are essential in improving the integrity of your vehicles. Check out our courier fleet insurance page for more on this area.

Also, improve the security of the premises the vehicles are stored in when not in use. At the very least the vehicles should be kept behind a locked gate. Secure fencing, CCTV and alarm systems, and storing vehicles inside whenever possible can make them less of a theft risk. 

Driver selection

Being discerning with the drivers you allow into your vehicles can also lower your insurance costs. Drivers over 25 are almost always cheaper to insure. As are drivers who have clean licences versus those who have a number of endorsements, and experience driving your fleet’s vehicle type.

It may also be worth investing in a range of driver training activities to improve your drivers’ skills. Demonstrating to your insurance provider that your drivers are trained to handle the vehicles safely in all circumstances, they should respond in kind by offering lower premiums to insure them. 

Re-evaluate payments

Your insurance will automatically lower if you raise your voluntary excess – namely the amount you pay if the vehicle is involved in an accident. Although it’s potentially risky, it’s a tried and tested way of lowering insurance costs if you weight up the probabilities of an accident. 

Choosing to pay your policy annually can also save you money. It’s a larger upfront cost, but once it’s paid there’s nothing more to worry about. Though this can be more practical for smaller vehicle fleets, depending on the circumstances it may be worthwhile to consider for large fleets too.

Have you purchased the correct type of cover for your needs?

It may sound like a very simple concept, but in all honesty fleet insurance can get rather confusing. If you own a small / medium sized fleet, you may want to consider getting fully comprehensive rather than a third party only cover.

The reason for this is the fact that the cost difference between the two types of insurance isn’t that big at all really.

Also, although we always recommend being prepared with your insurance, it is important to differentiate from being prepared for accidents and being prepared for an absolute apocalypse.

Do you need windscreen cover? Check your claims history, how many windscreen claims have you made in the last two years? And how much money could you save by avoiding it all together.

Fleet managers seeking to reduce their running costs in 2021 will be pleased to know that by reducing insurance premiums for the vehicles they operate, they can make substantial savings. In the following sections, we’ll study three simple measures managers can take to ensure the price they pay for insurance remains as low as possible.

Parking vehicles securely overnight

After the vehicles of your fleet have finished their runs for the day and are no longer on the road, it’s crucial that they are stored safely during the night. This might seem obvious, but vehicles that aren’t parked in a secure place at night under lock and key can have a significant impact on insurance costs, with insurers hiking premiums for firms that don’t store their fleet safely.

Whether you need to adapt your premises or source a secure parking option, safeguarding your fleet overnight is a move worth making to reduce how much you pay for insurance.

Installing alarms and trackers

Fitting immobilisers and alarms throughout your fleet will not only reduce the chance of your vehicles being swiped overnight, but it will also decrease the quotes you receive for your insurance renewal.

Installing dedicated trackers onboard your fleet vehicles is another easy way of reducing insurance costs. Your ability to track fleet vehicles if they are stolen will be taken into consideration when most insurers quote, so ensure they are made aware when devices are fitted to cut the size of your quotes.

Fitting dash cams

Finally, the use of CCTV in vehicles has seen a substantial rise recently, due to the advantages it gives to motorists and enterprise owners that operate a fleet. Dash cams are an ideal solution to provide insurers with inarguable evidence when vehicles are involved in accidents. When an incident occurs, vehicle owners can find the event on the dash cam’s recorded footage and send it to their insurance provider. This kind of evidence is ideal when supplying insurers with details of an accident so they can rule out any fault on your part when you make a claim.

What to Avoid with Fleet Insurance

Fleet Insurance allows you to essentially cover multiple vehicles used within your business under 1 policy. When you purchase all your insurance from 1 provider, it allows greater discounts to be applied to your policy. When you need to insure a larger fleet, your motor fleet policy will always work out cheaper than multiple individual policies.

Fleet policies can be tailored to work around and suit your business regardless of its size. Fleet insurance can be applied to any business requiring to insure multiple vehicles and will reflect your operation. From HGV Haulage Fleets to Taxi Fleets, all can be covered.

There are a few elements you should look out for though.

Not any policy will be right

When looking at what type of motor fleet insurance you require, take a good look what your business operation is. If you ship heavy goods via a lorry, you will require hgv fleet insurance to cover the type of vehicle and type of goods carried. If you operate a fleet of couriers, then courier van insurance is required. By taking out the wrong insurance policy, you may risk not having your drivers insured in the event of an accident.

Naming All Drivers

If you only have a small fleet, then named driver policies may come out cheaper and will be easier to keep track of. However, they can be very restrictive and if you have a lot of driver changes or drivers changing vehicles, then a more open policy may be better to make sure you do have to continually update your fleet insurance broker. If you would like an ‘Any Driver’ policy though, it is likely every driver will need to be over 25.

Will a Non Vehicle Specific Policy be Correct?

Fleet policies can take to forms, vehicle specific or non vehicle specific. Vehicle specific polices can be cheap as every vehicle is listed, however, if you change vehicles a lot or use a lot of lease vehicles, it may be better to invest in a non vehicle specific policy where your drivers can be insured on any vehicle providing it is being used for the company. Speak with one of our advisors to properly understand the benefits of each policy type.

Avoid Claiming Where Possible

It is always tempting to claim and have the cost of smaller accidents paid for You need to weigh up though how much your renewal will be affected by the claim. A £1000 claim could add £2000 to your renewal depending on the circumstances. If you are able to financially handle the claim, we would always suggest that as a way forward as price increases on high claim fleet policies can be quite harsh. If you do need to claim though, your policy is there ready to handle that.

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