Motor Fleet Insurance
Fleet car insurance is available for businesses who run company cars, and is often cheaper and easier than arranging individual policies for each vehicle. In order to qualify for a fleet policy there needs to be 4 or more vehicles and all vehicles needs to be owned by the company. Not all vehicles need to be the same you can have 3 cars, 2 lorries and an artic lorry.
Motor fleet insurance policies can be arranged on fleets of any sizes, starting from as few as four cars and with the advantage of reduced paperwork and administration. Fleet car insurance does have some restrictions:
- Minimum age restriction of drivers, usually twenty five
- Driving convictions or claim history of drivers must be declared to make sure that they can be covered.
Fleet insurance or commercial vehicle insurance is also available for taxi fleets, bus and coach fleets, commercial vehicle fleets, van fleets and motorcycle couriers, in fact cover for most types of business requiring a fleet of vehicles.
The same concept of road risk cover applies to a fleet policy, so you will still have the choice of third party only, third party fire & theft and comprehensive insurance. The other benefit of a fleet policy is that you will be able to split the cover amongst the vehicles, so if you have 3 vans and 3 lorries you will be able to cover the vans for third party only insurance and the lorries for comprehensive cover.