Fleet Insurance policies are available for businesses that run two or more cars and/or commercial vehicles. This way of insuring multiple vehicles can often work out far cheaper than insuring them on an individual basis.
Apart from savings in premium, another major advantage of Motor Fleet Insurance is ease of administration. As it is only a single policy, accordingly there would only be only one renewal date to remember.
Standard Fleet Insurance policies provide cover for any driver aged over the age of 25 with a full UK license held for at least two years, but this can be flexible if need be if younger or newer drivers are required.
Cover ranges from third party only to comprehensive, with you the policyholder specifying what cover you want on each individual vehicle
Additionally, in most cases all drivers are entitled to drive all notified vehicles. Amendments to the fleet such changes of vehicles are simply requested during the course of the policy as and when they arise, and an additional or return premium is payable based on the time remaining on the policy.
Another consideration to bear in mind for businesses is that of risk management procedures to help reduce claims and consequently lower premiums.
