Fleet cover allows you to insure multiple vehicles under one policy. This can be a lifesaver for businesses managing a team of commercial vehicles or company cars.
Standard business insurance won’t protect your company vehicles, so you’ll need additional protection to ensure your fleet is road-legal.
With a fleet policy, you’ll have one renewal date and one premium. This takes the work out of insuring multiple vehicles, and could even save you money when compared to taking out individual policies.
At Quotezone, we can help you search for cheap fleet insurance by matching you with customised quotes from our panel of 25+ trusted UK fleet insurance providers.
1. When you take out fleet protection, you can specify exactly how many vehicles you want to insure, and what type of vehicle you need cover for. You can cover anything from motorbikes, cars or vans, right up to HGVs (heavy goods vehicles). Some brokers will even specialise in taxi fleets, farm fleets, or rental car fleets.
2. These policies are designed to be much more flexible than standard auto insurance. So although you will have the same core coverage options, you have more freedom when it comes to who can drive the vehicles on your fleet policy.
3. You can cover one insured driver, add multiple named drivers, or choose any driver cover. All this flexibility can help simplify the daily transport within your business, so you and your employees can focus on your work.
One of the key advantages of business fleet insurance is that providers will work with you to tailor your policy to meet your needs and budget. Other advantages include:
You could pay less overall when compared with taking out individual insurance policies. For example, if you are shopping for company car insurance, you could save by bundling these policies into one company car fleet insurance policy.
No one needs the headache of comparing and renewing multiple insurance policies throughout the year. With a single renewal date, it will be easier to manage and shop around for.
You can tailor your policy to the exact needs of your businesses, so you pay for exactly what you need. Insurers can cover a range of vehicles and offer extras that cover issues like legal disputes and vehicle recovery.
With fleet insurance, you have the option of getting any driver coverage, insuring multiple qualifying drivers for multiple vehicles. This can give flexibility to your business operations, and avoid situations where employees are tempted to drive uninsured.
Each insurer will have a slightly different claims process, and some take longer than others. With one insurance provider, you’ll know exactly what is covered, and who you will be speaking to when things go wrong.
If you employ multiple drivers, you could cover them all under one policy. This means you wouldn’t need to individually insure each driver, or add additional drivers each time you hire.
The options vary slightly from insurer to insurer, but most will offer at least multi car and van insurance. When you compare at Quotezone, we will only match you with providers who can meet your needs, so you don’t waste time.
You will have the option of third party only, third party, theft and fire, or comprehensive fleet coverage. Third party is the minimum legal requirement for operating any motor vehicle on UK public roads.
Depending on how you use your vehicles, you could also need business use cover, hire and reward insurance, or taxi insurance. Speaking to an insurer directly before you buy can help clarify the right cover for your needs.
Commercial fleet insurance can come with a wide range of extras. Some of these bundle cover that would typically included in business insurance, like public or employers’ liability insurance. Other common add-ons include:
These are specific to the insurer and your policy terms, but common exclusions are:
It’s also worth knowing that, unlike standard policies, you cannot build a no claims discount on fleet policies.
You will have a few options for what drivers you want to insure on your fleet policy. Consider this carefully as the drivers you include will impact your premium.
If you choose to insure additional drivers by adding them as named drivers, only these specific individuals can drive the vehicles on your fleet policy. However, when you choose any driver cover, this means any qualifying driver who can legally drive the vehicles on the road can be covered.
Fleet insurers typically have an age limit for the drivers they will insure. They usually exclude any driver under the age of 21, however the exact age varies depending on the insurer. Always check this detail if you are searching for fleet insurance for young drivers.
Some fleet insurers could allow you to add drivers or even upgrade to any driver cover during the course of your policy. They understand that businesses and employees are constantly changing and can choose to make allowances for this.
Insurers will set their own number for how many vehicles qualify for fleet insurance. Some will cover as few as 2 vehicles, while others will require at least 5. When you compare quotes with Quotezone, we save you time by only matching you to providers who can insure your fleet.
The cost of these policies varies widely based on a range of factors. Mainly, the size of your fleet. Getting quotes for insuring your fleet is easy when you compare with us. With one form we match you to trusted UK fleet insurers who will provide personalised quotes.
More vehicles, and higher value vehicles, will naturally cost more to insure. Covering additional uses, like hire and reward, can also push prices up.
The number of drivers you insure, as well as their age and experience, will all factor into how much it costs to insure them.
The nature of your business can reflect the risks that your drivers and vehicles will be exposed to. Past claims also reflect a potentially higher risk.
Adding security upgrades, and keeping your fleet secure when they are not on the road could help reduce the risk of theft or loss.
More fleet insurers are offering telematics options that could help lower costs. Telematics devices record the drivers’ acceleration, braking, and other habits, to assess their risk on the road.
Start by ensuring experienced drivers where possible. Then you can increase your drivers’ skills and safety on the road with additional driving qualifications and training.
Keeping vehicles safe overnight, or installing features like dashcams, immobilizers or GPS tracking can also lower your risk.
Opting for a higher excess on your fleet policy can take some risk back off the insurers. Just be sure that you are comfortable covering the excess you choose.
Each insurer sets costs based on its own criteria and risk assessment. So comparing quotes from multiple fleet insurance providers could be key to finding a cheaper policy.
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United Kingdom
Easy to use system, fast response offers good cover and competitive pricing
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United States
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