Motor Fleet Insurance

If you have multiple vehicles in your business, you know what an administrative nightmare it can be to keep on top of their insurance policies. Whether you’re a building contractor with a few vans or a busy taxi firm with dozens of cabs, our motor fleet insurance simplifies the process for you, keeping all your vehicles under one policy, with one renewal start date, and just one premium to pay.

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What is motor fleet insurance?

Business fleet insurance is a policy that covers all business vehicles under a single policy. It can be the most cost-effective way to insure all your vehicles, and it significantly reduces administrative work for your business.

You don’t lose any of your flexibility with business fleet insurance. You can still set different levels of cover for each vehicle and assign named drivers to each.


Would I benefit from fleet insurance?

If you have enough vehicles within your business to be classed as a fleet, you may benefit from cost savings and reduced administration by choosing a fleet policy.

Simplifying the insurance process reduces the risk of accidentally missing a renewal date and leaving a vehicle uninsured. Having everything in one place makes it easy to amend the entire policy when an employee leaves or joins, or when you sell or purchase a vehicle. This helps ensure your business isn’t unintentionally over- or underinsured.

Our fleet insurance team who have all joined us from a reputable fleet insurer will assist you through the complex administration process, ensuring an easy negotiation of the various declarations and annual adjustments necessary for your fleet insurance policy.

In today's market Risk Management plays a very important part did you know One in three road traffic collisions involve people driving as part of their job, costing businesses time and money. The hidden costs estimated with every vehicle collision are estimated to be at least four times the cost of repairing the damaged vehicle. That's why many of our fleet insurers provide risk management services.

What type of vehicles can be covered?

Fleet insurance can cover a range of vehicles, including:

  • Cars
  • Taxi cabs
  • Vans
  • Minibuses
  • Light commercial vehicles
  • Heavy commercial vehicles
  • Agricultural vehicles

What coverage does it offer?

For each vehicle on your fleet policy, you’ll be asked to choose between the three standard levels of cover:

  • Third party
  • Third party, fire, and theft
  • Comprehensive

You may also be given the option to choose telematics insurance, which uses a black box or mobile app to monitor driver performance. This can have both a positive impact on your annual premiums and provide useful operational insights.

We can also help you tailor your fleet insurance to your business needs, with cover such as employer’s liability and public liability, breakdown and replacement vehicle cover, and hire and reward and goods in transit.


Risk management for fleets

Our Risk Management will enable you to make informed decisions on collision-reduction strategies, legal compliance, training programmes, and vehicle selection, and will help you identify areas for improvement in health and safety.

Taking a proactive approach to managing work-related road safety will benefit your business in several ways:

  • Reduced costs associated with uninsured losses, absenteeism, lost productivity and damage to your brand and reputation
  • A reduced risk of harm to drivers and other road users
  • Greater compliance with legislation
  • Enhanced Corporate and Social Responsibility outcomes

FAQs

How much does fleet car insurance cost?

Your premium will be calculated based on the size of your fleet and the age, make, and model of each vehicle. The location of your business and where your fleet is parked, along with the number of named drivers and previous claims, will all be taken into consideration.

Which types of vehicles can be covered?

We can insure most vehicles and can include different vehicle types under the same policy.

How many vehicles make a fleet?

Each insurer has its own definition of a fleet, but some allow as few as two or three vehicles on a fleet policy.

Park Insurance has been offering tailored business solutions to the UK’s small businesses for over three decades. Get in touch today to see how our motor fleet insurance expertise can help you simplify and strategise this crucial element of your business.

Get in touch

Give us a call on 0117 955 6835 or click on the button below and we will be happy to contact you to discuss your needs.

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