Fleet Insurance – 3 tips for reducing premiums

Fleet Insurance is a convenient way of insuring multiple vehicles under one policy. Here are 3 tips to make sure that you get the most competitive quotation.

1)      Let your broker know the postcodes where the vehicles are kept overnight.  Fleet insurers will generally rate a risk on the company address.  You could be paying over the odds if your company is based in a major city, yet the vehicles are kept in rural locations overnight.

2)      One of the factors insurers use for rating purposes is the claims frequency. Always ask the existing broker for the claims listing as well as the claims experience. The listing will identify windscreen claims and claims that have been settled at nil payment. If these claims can be taken out of the frequency the likelihood is a lower rate.

3)      Let your broker know about your risk management procedures. For example, that you make annual checks of drivers licences or that vehicles are fitted with trackers, telemetric devices and forward facing cameras.

For further advice about fleet insurance and how to obtain the most competitive price, contact Tony Gibbs on 0118 9165 485 or complete one of our inquiry form.

*Information correct as of 1st May 2016

Author: Tony Gibbs | April 20th, 2013

Contact the author

Tony Gibbs
Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk