What is motor fleet insurance?
Fleet insurance is a product for any business that has more than one vehicle. Insuring a number of vehicles under a single policy isn’t just cost-efficient, it saves time as well. Plus, a number of insurers will allow all types of vehicles to be insured under one policy, such as the Admiral fleet insurance product.
What does commercial fleet insurance cover?
Commercial fleet insurance typically covers:
- damage to insured vehicles following accident, fire or theft
- liability for injury or property damage caused to third parties
- repair or replacement costs
- business use by authorised drivers
Fleet vehicle insurance through Suited can include cover for:
- vans and business cars
- mixed fleets
- specialist vehicles such as tippers, cherry pickers and construction vehicles
- electric vehicles
- Larger vehicles - up to 26T trucks
What’s not covered
Fleet insurance won’t usually cover:
- drivers under 21
- modified vehicles unless agreed
- deliberate or illegal use
- wear and tear or mechanical breakdown
Who is business fleet insurance for?
Business fleet insurance is suitable for:
- SMEs running 2–25 vehicles
- trades and construction firms
- courier and delivery businesses
- taxi operators
- businesses expecting fleet growth
- companies seeking simpler fleet administration
More about fleet insurance types
Each tradesman or business will have different needs when it comes to insuring their commercial vehicles. The right cover depends on how many vehicles you run, who drives them, and the type of work they’re used for.
Mini fleet insurance
As soon as you add another vehicle to your first one, you have a mini fleet, and therefore it is worthwhile considering a multiple vehicle insurance policy to save yourself money and time.
Mixed fleet insurance
Mixed fleet insurance allows businesses to insure different vehicle types under one policy. Mixed fleet insurance is commonly used by construction, property and service businesses operating a combination of vehicles.
- vans
- business cars
- specialist or construction vehicles
- trucks
Fleet insurance any driver
Fleet insurance any driver is demanded and quite understandable so. Driver turnover can be high, and as a busines,s you need flexibility where multiple employees need access to vehicles. Instead of naming drivers individually, the policy allows authorised drivers who meet the criteria to drive any insured vehicle.
Fleet insurance with any driver cover is often used by:
- trades and construction businesses
- courier and delivery fleets
- shift-based operations
Courier fleet insurance
Courier fleet insurance is suitable for businesses providing delivery or transport services. This type of fleet insurance is arranged where vehicles are used for hire and reward and must be specifically agreed with the insurer.
Taxi fleet insurance
Taxi fleet insurance is designed for licensed taxi operators running multiple vehicles. This type of fleet insurance is arranged separately from standard business fleet insurance and depends on vehicle licensing, usage and driver criteria.
Fleet van insurance
Cover designed for businesses that rely on a small number of vans to operate. This type of insurance suits sole traders, tradespeople, delivery services and mobile businesses that depend on their vans for day-to-day work. It can include cover for accidental damage, fire, theft and third-party liability.
Fleet insurance quotes from Suited
Suited currently provides fleet insurance quotes on request. We collect the necessary details and return a quote, typically underwritten by Admiral or Aviva.
Fleet insurance is currently arranged on an annual basis, though we are working towards offering commercial fleet insurance on the same flexible monthly basis as our other business insurance products.
