What is Motor fleet insurance?
It exists for the simple reason of making the management of company cars, vans or other vehicles much easier. Watkin Davies are here to facilitate this, explaining how the motor fleet insurance policy works, what it covers and why it’s often the better option if you are a business which uses three or more vehicles.
How does Fleet Insurance work?
Each of your vehicles can be insured under the same policy, and all of your employees can use any one of these vehicles without having to make any amendments to your policy. Because the insurance is arranged as a multi-car policy, it can actually be more cost-effective than if you were to insure each vehicle separately, an added benefit to an already sensible option.
What vehicles can it cover?
Under a motor fleet policy you could have a moped alongside a large van, or a car insured under the same policy as an HGV. Not only does this give you flexibility, but each can benefit from the same comprehensive cover you might expect from a single commercial vehicle policy.
In addition to the covers you might find in a standard commercial vehicle policy, such as comprehensive, third party only and third party fire and theft, Watkin Davies will help you consider what else will be useful to your business in particular.
This might include:
- Product & Public Liability
- Goods in transit
- Theft of tools and materials
- Minibus cover
Because so many businesses rely on commercial vehicles for the smooth running of their operations, there is a wealth of motor fleet insurance policies on the insurance market.
At Watkin Davies, we will help choose a policy that’s going to work well for your business, so if there is a problem, it won’t completely put the brakes on your business.
