Understanding Motor Fleet Insurance

motor fleet insurance

Here at Todd and Cue, we offer a range of corporate insurance policies including motor fleet insurance. A great deal of businesses out there own a number of cars, vans, lorries or HGVs that they rely on each day for their business survival. Managing a fleet of vehicles of any size is a huge commitment and expense for a business; however, it is one that needs to be carefully guarded. With Todd and Cue, we have made protecting your fleet of vehicles that just bit easier with our insurance claims app – find out more about that below! However, being policy savy can be challenging at times, so that is why our expert insurance brokers have compiled their best advice into this handy guide to understand motor fleet insurance. In this guide you will find out all you need to know about fleet car insurance, as well as how to get a quote and cover your fleet today!

What is motor fleet insurance?

Motor fleet insurance covers both small and large fleets of commercial vehicles. If your company runs a number of cars and/or commercial vehicles it can often be cheaper and easier to arrange them as all under one motor fleet insurance policy, rather than a policy for each individual vehicle. Fleet policies are designed to be efficient and easier to manage, compared to numerous different insurance policies for individual vehicles. Starting from only four vehicles your fleet can be of any size, and with the advantage of reduced paperwork and administrative work with only one premium to pay and one renewal date, you will save time and money with a multi-vehicle insurance policy.

motor fleet insurance

What does motor fleet insurance cover for you?

There are three main types of motor insurance, they are…

#1 Third party

Third party motor insurance is the minimum cover required by law. This covers you against costs that arise as a result of injuries to other people and damage to their vehicle.

#2 Third party fire and theft cover

Third party fire and theft covers you against everything third party insurance does, but with the added protection against your vehicle being stolen or destroyed in a fire.

#3 Comprehensive

Comprehensive cover is the highest level of cover available and it protects you against…

  • Injuries to other people and damage to their vehicle
  • Your vehicle being stolen or destroyed in a fire
  • Medical expenses and accidental damage
  • The cost of replacing your vehicle’s contents

However, if you are running a company with more specific needs you may require a specialist motor insurance policy. A specialist policy may be required if motor vehicles form a core part of your business, for instance if you run a taxi company or courier service.

Alternatively, if your core business is buying and selling motor vehicles then you would require a specialist motor trade policy.

Why do you need motor fleet insurance?

If you use motor vehicles for your business you are legally obliged to have motor insurance. Furthermore, if your employees drive company vehicles it is your responsibility to purchase motor insurance for your entire fleet. If your employees are using their own private vehicles for work purposes you are not obliged to pay for their motor insurance, but you are required to ensure that they have the minimum cover required by law. Your employees should disclose the fact that they are using their personal vehicles for work purposes to their motor insurance provider.

Getting a quote

If you are looking to obtain a motor insurance quote for your business then look no further than Todd and Cue. Our knowledgeable broking staff would be more than happy to assist you in offering you a reliable and cost-effective insurance cover quote.

Major savings in insurance premiums and additional operational expenses can be made through Todd & Cue, we can offer reduced insurance costs for companies operating or prepared to launch a risk management programme or driver guidance courses to instruct and train staff consequently making safer drivers and fewer claims. Fleet insurance is also available for taxi fleets, bus and coach fleets, commercial vehicle fleets, van fleets and motorcycle couriers, in fact, most types of business requiring a fleet of vehicles. We guarantee to offer one of the best available motor fleet insurance covers currently on the insurance market!

What’s more, if you take out motor insurance cover with us, our in-house claims team are dedicated to arranging a swift settlement should you even need to make a claim. We have also worked hard to make the claims process easier by developing our insurance claims app. Our app is designed to remove delays in reporting a motor claim and makes the process almost instant to act upon by enabling our clients to utilise their smartphone technology as soon as an incident arises.

Contact us today

We hope that you have enjoyed this informative article on motor fleet insurance. Todd and Cue strongly recommend that you obtain fleet insurance to give you peace of mind over your business. If you have any other questions and queries regarding this form of insurance or wish to get a free quotation for this premium please do not hesitate to contact us 0191 482 0050 or email info@toddcue.com.

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Give us a call for a free quotation or professional advice on: 0191 482 0050