Compare Fleet Insurance to find the right one for you
photo credit: dno1967b Fleet insurance isn’t a simple click and save procedure like when you compare car insurance for your personal use. You can’t just find a list of quotes and pick the cheapest. You need to stay on top of legal obligations, health and safety and environmental policy concerns as well as finding the most comprehensive cover for the best cost.
Be aware of a few things when you Compare Fleet Insurance!
Health and safety. Are you covering yourself against all the risks?
Insurance companies have received less claims over company cars than private use. Have you factored this in?
Environmental concerns are current and important. Has your company put a cap on C02 emissions? Does your company use diesel only vehicles?
Insurance companies usually do not penalise you for going greener. Have you researched for if they reward you?
Before you compare fleet insurance, consider a few things:
Do you need Third Party Only Cover?
Do you need a mix of Third Party, Fire & Theft Cover?
Do you need Comprehensive Cover on the whole fleet?
There are also factors that may come in more suitable for you than others. Places with a fleet involving visiting or delivering to quarries, rural areas, heavy plant facilities or simply frequent driving on poorly maintained roads may benefit more from windscreen cover and third party damage cover, more than a fleet that will predominantly drive inner city.
Depending on your business, you may also benefit from other additional which you must consider when you compare fleet insurance.
Like Hazardous Goods Insurance
Personal Effects Cover
24 hour claims assistance
Uninsured Loss Recovery
Replacement Vehicle Cover
Detached Trailer Cover
Breakdown & Recovery Assistance
Medical Expenses Cover
So before you compare fleet insurance do a cost – benefit analysis.
For each possible occurrence, consider the risk, the possible cost if it occurs and balance it against the cost of insuring against it.
So a fleet of sales people carrying samples, making long stops in various areas of differing crime rates, you may wish to partake of contents insurance before looking into hazardous goods insurance.