What is HGV fleet insurance?
HGV fleet insurance brings a business’s heavy goods vehicles onto a motor policy. The quotation needs to reflect the vehicles, loads, routes and driving arrangements that keep the operation moving.
- Trucks, rigids and artics covered
- Most insurers quote from two vehicles
- Tachograph and maintenance compliance affects terms
- Goods in transit arranged separately
Prepare a vehicle schedule, claims information and details of the work undertaken. Tell your broker about trailers, subcontracting, overseas journeys or specialist loads so they can identify which additional information and cover may be needed.
Vehicles an HGV fleet policy covers
Heavy goods vehicle fleets come in many shapes. A single policy can usually carry the full mix, provided every vehicle and its use is declared.
- Articulated tractive units and drawbar combinations
- Rigid trucks, box lorries and curtainsiders
- Tippers, grab lorries, flats and cranes
- Refrigerated and temperature-controlled vehicles
- 7.5-tonne trucks through to 44-tonne gross combinations
Running an HGV fleet the insurers reward
HGV underwriters pay close attention to how an operation is run. Operators with documented compliance and a clean claims record consistently see better terms.
- Tachograph and drivers' hours compliance, with records to evidence it
- Documented daily walkaround checks and a scheduled maintenance regime
- Driver CPC training kept current, with licence checks at least annually
- Telematics and camera systems across the fleet
- Secure overnight parking, with trailers secured separately where possible
Rating an HGV fleet
HGV fleets are rated on confirmed claims experience over the last three to five years, adjusted for trade, the goods carried, driver profile, mileage and operating area.
Because the fleet is rated as one risk, a strong three-year claims record pulls the whole schedule down, and a spell of losses pushes every vehicle up. Presentation of that record at quote stage genuinely moves the price.
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.