Fleet Insurance

What it is:

Fleet Insurance is a policy that covers multiple vehicles under one single insurance plan. It’s designed for businesses that operate two or more vehicles, making it easier and often cheaper to manage cover compared to insuring each vehicle separately.

Who it is for:

Businesses that own or lease multiple vehicles, such as delivery companies, taxi firms, construction businesses, sales teams, or any organisation with a company vehicle fleet.

Advantages of having it:

• One policy for all your vehicles – easier management.
• Can be more cost-effective than insuring vehicles individually.
• Flexibility to cover a mix of cars, vans, and lorries.
• Drivers can often be covered to drive any vehicle in the fleet.
• Helps keep your business moving after an accident.

Risks if you don’t have it:

• Higher insurance costs if policies are managed separately.
• Increased administrative work with multiple renewal dates.
• Risk of some vehicles being uninsured due to oversight.
• Possible financial strain if multiple vehicles are involved in accidents.