What is car fleet insurance?
Car fleet insurance can bring several cars onto a shared policy, subject to the insurer’s eligibility rules. Business fleets and family arrangements have different requirements, so the ownership and use of each car matter.
- Company car schemes and family multi-car fleets both qualify
- Any-driver, named-driver and age-restricted options
- One renewal date for every car on the policy
- Cars can be swapped or added during the policy year
For company cars, explain whether a vehicle is allocated to one person or shared between employees. Include private use, business journeys, annual mileage and any younger drivers when discussing a quote.
Business car fleets
Company car fleets are usually rated on driver profile and claims record rather than the cars themselves. Underwriters want to know who drives, how old they are, whether cars are allocated or shared, and whether personal use is allowed.
Pool cars (vehicles kept at a site and used by whoever needs them) are almost always written on an any-driver basis with a minimum age restriction.
- Allocated company cars with named users
- Pool cars driven by any employee over a set age
- Sales fleets with high annual mileage
- Executive and prestige vehicles requiring agreed values
Family fleet and multi-car
If two or more cars are kept at one address and the drivers are all related or living together, a family fleet is often cheaper than separate policies, particularly where a young driver is on the risk who would otherwise be quoted a punishing standalone premium.
Each car keeps its own cover level, but there is one policy, one renewal and usually one discount applied across all vehicles.
What car fleet underwriters look for
Because cars carry a higher theft and personal-injury exposure than a plain panel van, driver quality drives the price.
- Ages and licence lengths of everyone who will drive
- Points, disqualifications and non-motoring convictions
- Whether cars are garaged, on a driveway or on the street overnight
- Business use, social use or both
- Annual mileage per car
Why choose Fleet Cover UK?
One policy, one renewal and a specialist who takes time to understand your business. The team at Broker Zone can discuss your vehicles, drivers and requirements, explain suitable options and help you decide on the next step.
Insurance services are provided by Broker Zone Ltd, an appointed representative of Gauntlet Risk Management Ltd. Cover is subject to insurer acceptance, terms, conditions and exclusions.