Business Insurance : Motor Fleet Insurance
If your business operates a fleet of vehicles, fleet insurance enables you to insure all of your drivers and vehicles on one single insurance policy.
Best of all, as your fleet expands or your drivers change, fleet insurance offers seamless protection, without any mid-term fee adjustments when you take out your insurance through us.
Cover starts from just three cars or vans and can extend up to thousands of vehicles owned and operated by your business.
You can even cover multiple vehicles of different types on the same policy, allowing you to condense all of your vehicle insurance premiums into just one annual payment.
Our insurance is tailored to meet the needs of any profession. Whether you are in the building, plumbing, taxi, courier or rental business we've got your fleet of vehicles covered.
Our fleet insurance includes...
Features and benefits:
Fast & efficient policy issuing
Finance available subject to status
Fast policy turnaround
Flexible payment terms
Fleet management advice
24hr claims service
Additional cover options are available by request.
Ready to see how much fleet insurance could save you?
Let us compare fleet insurance policies and prices for you.
At Bluedrop we have access to fleet insurance quotes from a top panel of insurers, allowing us to compare prices and get you a competitive policy that covers all of your needs.
To find out how much you could save by switching your individual vehicle insurance to a fleet insurance policy, give our brokers a call or get a quick fleet insurance quote online in minutes.
What is fleet insurance and do I need it?
Fleet insurance is a specialist type of vehicle insurance that covers multiple vehicles and drivers under the same policy.
It’s great for businesses that operate a fleet of company-owned vehicles and want to save on the expense and admin of individual vehicle policies with different premiums and renewal dates.
With fleet insurance, not only can you insure all of your company’s vehicles on one policy, you can also insure all of your drivers too.
The policy will be tailored to your exact needs, so you always get the level of cover you require for the vehicles you own and the drivers who work for you.
What does fleet insurance cover?
So long as the vehicle is registered to the same owner (either your company or a named director) you can include it within your fleet insurance policy.
Fleet insurance also covers the drivers of those vehicles too.
This is a big advantage as it enables your drivers to switch interchangeably between vehicles if one of your cars is taken out of service.
How much does fleet insurance cost?
The cost of fleet insurance depends on a combination of factors such as the level of cover you need, the age of your drivers, and the condition of your vehicles.
To calculate your fleet insurance premiums an insurer will ask for some basic information about your fleet, including:
- How many vehicles are you looking to insure?
- What are the types of vehicles?
- What is the nature of your business?
- How old are your drivers?
- Which geographical locations do you cover?
- Do you carry members of the public?
- Do you carry cargo?
- Have you made any vehicle insurance claims in the past?
- What is the age and condition of your vehicles?
This criteria helps the insurer to determine the level of risk involved, which is a key factor in calculating your premiums.
How flexible you’d like the policy to be will also have a bearing on price.
While it can make commercial sense, for example, to insure all your drivers on all vehicles this can impact the policy price you pay.
Likewise, the age and driving experience of your drivers will also be taken into consideration when working out the cost of your annual fleet insurance premium.
To this end, many insurers offer fleet insurance on an ‘Any Driver Over the age of 21’ or ‘Any Driver Over the Age of 25’ basis.
Compare fleet insurance quotes
The variable nature of fleet insurance means it’s best to compare quotes using the services of an experienced and qualified broker, such as our Bluedrop team.
As a specialist fleet insurance broker in the UK, we have access to the best deals on the market. We have already built strong relationships with high-profile fleet insurers to ensure you have the most comprehensive cover at the best price.
We conduct insurance comparisons on your behalf, so you can be sure you're getting the best deal.
Rather than having to reiterate the same details multiple times to multiple insurers, obtaining motor fleet insurance through Bluedrop means you’ll only ever answer these questions once.
We then use this information to compare quotes from a top panel of insurers, not only to secure you the best possible price, but to ensure that the policy you take out provides adequate cover to meet your commercial needs and protect your financial interests.
Tips on reducing your risk
Our experts are committed to providing a superior service. With this in mind we offer advice on best practice and implementing a risk management strategy for your business' fleet.
Looking more closely at how you manage your risk there are a few measures that you can take to reduce risk and therefore the cost of fleet insurance claims to your business. More commonly insurers will be keen on solutions such as:
- Onboard cameras
- Proximity sensors
- Defensive driver training
- Speed limiting devices and vehicles
- Restricting vehicles to one or two drivers
- Driver background checks
A company’s recruitment process and driver turnover can be just as important to your insurance provider as implementing technology to measure performance.
Employers need to think long and hard about the type of driver that they want to attract and how they are going to attract them to their business.
Good hiring decisions will mean that you are more likely to have the best drivers operating your vehicles and representing your business.
Choosing your drivers should be undertaken with as much care as recruiting your top-level executives, these individuals will be representing your business and should have the required skills to carry out their duties.
Goods in transit cover
Goods in transit cover whilst not a legal requirement is recommended to anyone carrying goods on the behalf of someone else and will insure against loss or damage of those goods. It isn’t included on a standard motor fleet insurance policy.
Your insurer may also look at additional considerations with goods in transit cover, such as overnight parking locations. They may stipulate not leaving the vehicle un-attended or using safe parking bays.
Loading and unloading of goods are likely to be included in the policy, although you should check for this, whereas driver’s personal effects may need to be added on if required.
Our biggest tip on goods in transit insurance is to be fully aware of where your liability ends, and the customers liability begins. Otherwise in many cases you can find yourself uninsured should you promise more to the customer than is recorded in your insurance documents.
Fleet Insurance FAQs
What is fleet insurance?
Fleet insurance allows a business to insure multiple and mixed types of vehicles on one easy to administer policy.
How many vehicles do I need for fleet insurance?
In most cases you will only need as few as three or more vehicles to be able to benefit from a fleet insurance policy.
Does fleet insurance cover specialist vehicles?
If your fleet includes non-standard vehicles such as taxis, minibuses, vans carrying tools or delivery goods, coaches, trailers, HGVs carrying freezers or hazardous goods, etc then there may be a specialist policy type which will cover any additional risk involved. It is important to provide your insurance broker with all information on your vehicle schedule so they can ensue the correct cover is in place.
How much is fleet insurance?
The cost of your insurance will depend on a number of factors including the number and weight of your vehicles, the vehicle age, value and condition, any goods that you carry, the experience, age and number of drivers insured, geographical locations covered, level of cover and excess, claims history and how you manage risk.
What does fleet insurance cover?
As with a standard car insurance policy you can cover your fleet for either third party, third party fire and theft or comprehensive cover options. You can also either use your vehicle for haulage and courier, hire and reward or carriage of goods.