What is business fleet insurance?
Business fleet insurance covers the vehicles a company owns or operates for work under one motor policy. It insures employees driving on business, supports leased and financed vehicles, and is rated on the business's trade and claims record rather than per vehicle.
- Covers staff and directors driving for the business
- Business use built in as standard
- Goods in transit and tools cover available
- Underwriting appetite varies sharply by trade
What business fleet cover includes
A business fleet policy protects the vehicles and the liabilities that come with putting employees on the road. Most businesses buy comprehensive cover where vehicles are financed or leased.
- Third-party injury and property damage for every insured vehicle
- Accidental damage, fire and theft on comprehensive cover
- Business use for employees and directors
- Optional goods in transit and tools cover for working vehicles
- Optional replacement vehicle cover so jobs keep running after a claim
Trades insurers underwrite differently
Fleet appetite varies sharply by trade. Some insurers welcome construction and courier fleets, others decline them outright, which is why quotes for the same fleet can differ by thousands.
- Construction, groundworks and scaffolding
- Couriers, same-day delivery and distribution
- Plumbing, electrical and facilities maintenance
- Care, transport and passenger-carrying operations
- Retail, wholesale and mobile sales fleets
What underwriters ask business fleets about
Fleet underwriters look at how a business manages its vehicles and drivers.
- Confirmed claims experience covering three to five years
- Minimum driver age and licence standards, and how they are recorded
- Telematics or camera systems and the data they produce
- Overnight parking and security arrangements
- How far ahead of renewal the enquiry is made
Why choose Fleet Cover UK?
One policy, one renewal and a specialist who takes time to understand your business. The team at Broker Zone can discuss your vehicles, drivers and requirements, explain suitable options and help you decide on the next step.
Insurance services are provided by Broker Zone Ltd, an appointed representative of Gauntlet Risk Management Ltd. Cover is subject to insurer acceptance, terms, conditions and exclusions.