Is It Time to Review Your Motor Fleet Insurance?
Many businesses arrange Motor Fleet Insurance when they first purchase company vehicles, but it's surprisingly common for policies to go years without being properly reviewed.
As your business grows, your fleet, drivers and vehicle usage can change significantly, meaning the cover that once suited your business may no longer be the best fit.
Whether you've added new vans, expanded into HGVs, taken on more drivers or changed the way your vehicles are used, reviewing your Motor Fleet Insurance can help ensure you're neither underinsured nor paying for cover you no longer need.
Your business may have changed
Business fleets rarely stay the same for long. You may have:
- Purchased additional vehicles.
- Changed from company cars to vans.
- Started transporting goods over longer distances.
- Taken on younger or additional drivers.
- Expanded into new areas of the UK.
Each of these changes can affect your insurance requirements.
One policy can simplify fleet management
Rather than arranging separate policies for each vehicle, Motor Fleet Insurance allows multiple vehicles to be covered under a single policy. This can make renewals, administration and claims handling much more straightforward, while giving you greater flexibility as your fleet changes throughout the year.
The cheapest policy isn't always the best
Price is important, but the level of cover matters just as much. Businesses should consider:
- The level of accidental damage cover.
- Windscreen protection.
- Courtesy vehicle options.
- Breakdown assistance.
- Driver eligibility.
- Excess levels.
- Claims support.
The right policy should provide protection that reflects how your fleet operates.
Working with an independent broker
At NLIG, we have access to leading UK insurers and compare the market to find Motor Fleet Insurance that suits your business. Whether your fleet consists of two vehicles or a large mixed fleet of cars, vans and HGVs, we'll take the time to understand your requirements and recommend suitable cover.
If your renewal is approaching, now is an ideal opportunity to review your Motor Fleet Insurance and make sure your business has the protection it needs.