Motor Fleet Insurance

As a leading provider of motor fleet insurance in Tamworth, we know that keeping your fleet running can be a challenging experience, especially when it comes to sorting out the right type of insurance. Whether you operate a small number of vehicles or manage a large commercial fleet, we can arrange vehicle fleet insurance to suit your needs – at highly competitive rates!

motor fleet insurance tamworth

What is Motor Fleet Insurance?


At its simplest, a motor fleet insurance policy enables multiple vehicles to be all insured under one single policy, with one renewal date and if applicable, one monthly direct debit payment. For busy businesses this reduces administration and gives peace of mind that if you have got multiple vehicles, you are not going to forget about one of your renewals.

On a motor fleet insurance policy, the usual criteria is that all vehicles must be owned/registered to the policyholder (although individual directors who own cars can often be included) and must not be used for motor trade purposes. If this is the case, a motor trade policy would instead be far more appropriate. Please contact us to discuss what is the best insurance for you.

 

What types of vehicles does it cover?


We have arranged motor fleet insurance for a wide range of customers over the years, and as such have experienced covering every kind of vehicle. All types of vehicles can be covered under a fleet – ranging from cars and vans to heavy goods vehicles and special types of motor vehicle. This can include fork lift trucks, agricultural vehicles and even motorcycles.

 

How many vehicles can you cover with fleet insurance?


For motor fleet insurance, a minimum of 3 vehicles is often required. Although we can cover a fleet of only two vehicles, the premium savings may be insignificant with so few vehicles.

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What are the benefits of motor fleet insurance?


  1. Reduces Admin Time – Fleet Insurance covers the entire fleet of vehicles under one policy which leads to less paperwork and less hassle. Additionally, everything is easier to keep track of so when it comes to renewal, you’ll only have one date to remember, instead of multiple throughout the year. This can free up resources to focus on other areas of your business.
  2. Cheaper Premiums – Taking out fleet insurance can work out cheaper than individually insuring each vehicle within your fleet. The more vehicles you add to your cover, the higher per vehicle discount you’re likely to receive.
  3. More Inclusive – If there are drivers within your fleet that are difficult to insure, a fleet insurance policy is more inclusive and their individual risk will be balanced out across the board.
  4. More Flexible – Another big advantage of opting for this type of policy is that you’ll find that the driving restrictions can be far more flexible. On single vehicle policies it is increasingly common to have to name every driver. On most motor fleet insurance policies, insurance companies will cover any driver over an agreed minimum age (such as 25). However for larger fleets, insurers will often then agree to cover individual drivers below that age limit!

 

How much does Motor Fleet Insurance cost?


In order to help us obtain a motor fleet insurance quote on your behalf, all we will need to know are a few basis details:

  • The make/model and registration of each vehicle – together with the postcode where it lives overnight and the age of its main driver.
  • A copy of the Confirmed Claims Experience and/or Proof of No Claim Bonus for each vehicle.
  • Driver details, just to make sure there are no serious convictions or accidents which we need to disclose (this link may help you – https://www.gov.uk/check-driving-information)
  • Your business details – who you are, where you operate from and what you do.

It is as simple as that!

We deal with over 20 insurers providing motor fleet insurance, all of whom have a credit rating of BBB or higher. The benefit to you is they are less likely to go bust unlike the most recent failures such as Gable, Enterprise, Berliner, Blava and Milburn. We arrange more motor fleet business than any other single class of business we deal with so we know what we are doing!

 

Is vehicle breakdown cover included?


Although it’s not a standard feature of fleet insurance policies, we will often suggest you consider optional covers such as Motor Breakdown for your entire fleet across anywhere in the UK.

This also applies to Gap insurance which at its simplest provides new for old insurance cover on your vehicles and/or clears the finance off if there is a shortfall following a total loss.

 

Why choose us for Motor Fleet Insurance?


What makes Prizm Solutions different from most brokers offering this sort of policy is that in most cases we don’t take a commission from the insurance companies for placing business with them. We believe that working on a fee is more ethical and transparent. We want you to be sure we are recommending the best motor fleet insurance policy for you from the best insurer.

We have many years of experience in helping all kinds of businesses to insure their fleets, so if you are the director or owner of a business with a fleet of any combination of vehicles, you can be assured of our expert advice and knowledge of your business sector. Please give us a call on 01827 313 931 or email us via our contact us page. We look forward to providing you with a quotation.

 


Would you like a quote or to find out more?

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