If your business handles several vehicles, with numerous employees driving those vehicles, you may be puzzled about the correct insurance for your company. Contacting your insurance broker should give you professional advice about what you need. However, it is always useful to have a level of background knowledge to better understand your businesses coverage policy.
The basics of Fleet Insurance
A fleet insurance policy can offer adequate cover for three or more vehicles used within your business, including either several named drivers or a possible ‘any driver’ policy. The nature of this insurance tailors specifically to your business’ exact requirements taking into account the type of vehicles used, what your business entails and the employees who would be driving those vehicles. Named driver policies are usually cheaper than ‘any driver’ policies due to the high risk factor that ‘any driver’ policies encompass. It is important to bear in mind that ‘any driver’ still holds certain restrictions such as, being employed by the company or holding a full UK drivers licence for a length of time. Fleet cover is often confused with family fleet policies, which are two completely different aspects of motor insurance .The key difference being that family fleet policies are aimed specifically at families with a minimum of 2 vehicles and 2 drivers. If you are a family that is searching for insurance in this respect then family fleet cover would be more appropriate for the adequate cover you require.
Hopefully this article has provided you with a basic insight into the best insurance policy for your business. The next step couldn’t be easier, make an enquiry and contact a qualified insurance for in-depth professional advice. By doing this you can make an independent and informed decision on what insurance is in the best interests of your company.