When you run a business that relies on the use of vehicles for day-to-day operations, you have to think about security and getting the best cover.
For companies that own several vehicles, by far the best way to insure them is by getting a fleet insurance policy. The benefit of company fleet insurance is that it enables you to insure all your vehicles together on one policy. This not only makes things much easier to manage but it’s a great way to save money on insurance costs too. Another benefit of company fleet insurance is that you can insure several different types of vehicles together, even if their values varies quite a lot.
Types of cover
Below are some of the main types of cover you can get with a company fleet insurance policy –
- Third party – Third party insurance is the cheapest option and will enable your drivers to drive legally on the roads. However it will only provide protection for other road users if one of your drivers is liable for an accident.
- Comprehensive – Comprehensive insurance will provide cover for all types of collisions, even those your drivers are liable for. Fire and theft are also included in a comprehensive policy.
- Public liability – Liability claims are always something that businesses must be wary of nowadays so liability insurance is a must. Public liability insurance would ensure that you were covered if your company was subject to a liability claim from a member of the public and you lost it. It can also include legal expenses.
- Breakdown assistance – Breakdown assistance is an extremely useful type of cover to have included in a company fleet insurance policy. It will ensure that if one of your drivers were to breakdown, they’d be back on the road ASAP.
Where to get company fleet insurance
Getting company fleet insurance online is usually the best way to go since it’s the most convenient. There are many excellent insurance comparison services online that enable you to get quotes from several different providers. Getting a lot of quotes is one of the best ways to make sure you don’t overspent on company fleet insurance.
It’s always a good idea to be clear on exactly the type of cover you want before getting in touch with different insurance providers. You should also take any steps you can to secure your vehicle and premises in order to keep costs to a minimum.