If your business has multiple vehicles, you could make life much easier by combining them all into a single insurance policy. Whether you own two commercial vehicles or have dozens on the road every day, fleet insurance offers a much more convenient way of protecting your key assets.
Fleet insurance provides cover for all your cars, commercial vehicles or lorries, giving you comprehensive protection so you don’t have to take out individual policies for each one. It’s a cheaper and more convenient way of insuring your vehicles and it means you have the right level of cover if they are damaged or stolen.
Insuring all your business vehicles can be stressful, as standard commercial car insurance and van insurance is usually only good enough for individual vans or cars. And if you have multiple drivers who share the vehicles between each other, things can become even more complicated.
So, rather than paying multiple premiums for several vehicles that all have unique renewal dates, fleet insurance makes things much easier to manage. It means you can renew the insurance for all your vehicles at the same time and pay a single premium, reducing the amount of admin you need to deal with.
It could also be the case that taking out fleet insurance for multiple vehicles may be cheaper than individual policies, helping you to save important time and money.
Horner Blakey have helped countless small and medium-sized businesses to find the ideal fleet insurance policy, connecting them with established insurance providers who can take care of their business needs in the long-term.
Before proceeding, always read the full details of your individual policy as terms and conditions will apply.
Depending on your circumstances, fleet insurance can provide cover for:
If one or more of your vehicles are stolen or damaged due to an accident, fire or vandalization, you get cover for repairs and replacement vehicles.
Vehicles that need roadside assistance are given cover for associated costs if they unexpectedly break down.
It can also cover the cost of any damage that is caused to a third-party – be it their person, car or property.
If you are seriously or fatally injured in a road accident, you could receive a pre-agreed lump sum amount.
When you take out a fleet insurance policy you can include a variety of vehicles including vans, cars, HGVs and plant vehicles. Some insurers exclude certain types of vehicles from their policies, such as forklifts, trucks, motorbikes and excavators, so you should always check the details to ensure the policy provides the cover you need.
A leet can be anything from two vehicles all the way up to several hundred or even more, depending on the size of the company. Each insurance company has their own minimum and maximum allowances and if your fleet is very small or very large you may need to enquire about specialist fleet insurance to cater for your requirements.
Let the Horner Blakey team know exactly what you are looking for and the level of protection you need, and we’ll connect you with insurers that will help you get the most value from your budget.
Commercial vehicle insurance is a type of motor insurance designed for vehicles used for business purposes. It provides cover for third party damage, accidents, fire, theft and in many cases the tools, equipment or goods you carry. It is essential for businesses that use vans, cars or other vehicles as part of their daily operations.
The cost of commercial vehicle insurance depends on factors such as the type of vehicle, how it is used, your annual mileage, the driving history of named drivers and your claims record. Low risk businesses may pay relatively low premiums, while higher risk trades or high mileage use will increase the cost. A broker can help you find the most competitive price for your business needs.
Yes, you can insure a commercial vehicle privately, but only if it is used solely for personal use. If you use the vehicle for any kind of business activity, including carrying tools, making deliveries or visiting clients, you must have a commercial policy. Using a private policy for business use can invalidate your insurance.
You need commercial vehicle insurance to stay legally compliant when using a vehicle for business activities. A standard private car policy does not cover business use, and operating without the right insurance can lead to fines, points on your licence and financial liability after an accident. Commercial cover ensures you and your business are protected if a claim occurs.
Commercial vehicle insurance works in a similar way to private car insurance, but it is tailored to the risks of business use. You choose the level of cover you need, such as third party only, third party fire and theft or comprehensive. The policy then protects you against damage to your vehicle, damage to others, injuries, theft and other risks linked to your business operations.
Fleet insurance is a policy that covers multiple business vehicles under a single contract. It is designed for companies that operate several cars, vans or commercial vehicles and allows all vehicles to be insured together instead of managing separate policies. This can include mixed fleets with different types of vehicles and drivers.
Fleet insurance works by placing all of your vehicles on one policy with one renewal date. You can add or remove vehicles as your business needs change. Drivers can be insured on a named basis or under an any driver arrangement. This approach makes fleet management easier and often more cost effective than insuring each vehicle individually.
The cost of fleet insurance depends on the number of vehicles, the type of vehicles, how they are used, where they are kept overnight and the driving history of your team. Businesses with well-managed fleets, experienced drivers and good claims histories usually benefit from lower premiums. Higher risk fleets, such as those with heavy vehicles or long mileage, typically pay more.
You can reduce fleet insurance costs by improving driver safety, installing telematics, keeping accurate maintenance records and ensuring vehicles are stored securely. Additional steps include implementing a driver training programme, monitoring driving behaviour and choosing vehicles with lower risk profiles. A specialist broker can help you identify further savings and negotiate better rates.
Speak to a member of our dedicated team
