A motor fleet insurance is essentially a vehicle motor policy that combines more than one vehicle under the umbrella of a single policy. There is nothing complicated in obtaining a fleet insurance quotation as the process is very similar that of a single car insurance policy. Similar set of questions apply to fleet risks as to a standard car policy.

Not all insurers offer fleet insurance, so it is important to find companies that specialise in fleet policies. This can easily be done by searching online for fleet insurance by using a search engine such as Google, Yahoo and Bing. Once you have the contact details for a few fleet insurance brokers you can then begin to contact each of the brokers with your fleet insurance requirements. Most professional insurance brokers will have access to a large panel of insurers that compete in the fleet market and will do their best in trying to get the best possible terms and price for your fleet vehicles.

For the fleet brokers to be able to provide you with a firm quote you must declare the correct answers to all the risk questions that will be presented to you. Disclosing all material facts ensures that you will get a firm quotation that will usually be valid for 30 days. You must also read the quote documentation thoroughly to make sure that the fleet insurance policy being offered meets all your demands and needs. The broker will as part of a written quotation enclose their terms of business agreement, demands and needs statement and a policy summary document. Read through all of these documents and if you are unsure or need further clarification contact the fleet insurance company and speak with a professional consultant.

Each fleet insurance brokers quote will vary in some form or way. The common things to check are policy limits, driver limitations; such as excess that applies for accidental damage, fire, theft and windscreen. Also it is common that most fleet brokers will also include some form of motor legal expenses policy that is extremely useful in recovering your policy excesses in the event of non-fault accident claims amongst other things.

Once you have taken out a fleet insurance policy, it is you duty to inform the insurer of any changes that occur regarding the fleet policy. Changes can include, location of where the vehicles are kept, additional vehicles or vehicles to be removed from the policy, accidents etc. This is a small list and in any case if you unsure as to if a change needs to informed or not the best option is to always ring the fleet insurance broker and ask. It really is that simple.

To run a fleet operation successfully a few simple fleet management protocols should be implemented. As an employer you do have a duty of care towards your employees and to your customers and other road users. The vehicles should be kept in a good working order and must be road legal. Driver training is highly recommended as well as ensuring that all drivers have a written policy as to what to do in the event of a claim. Even keeping disposal camera kits in the vehicles can be a valuable tool in assessing how a claim proceeds.

Fleet insurance policies do not follow the concept of no claims bonus as single individual car policies. With a fleet policy at the end of each year you get what is called a fleet claims experience document. This will highlight who the insurer was, average number of vehicles for that policy year, number of claims and the costs of these claims. To keep costs to a minimum any claim that does occur on your fleet must be reported to the insurer immediately as this will help to minimise the costs involved. With early notification the insurers are able to deal with the claim a lot more quickly and usually will result in lower costs to all parties involved.

Fleet insurance for cars and vans

One of the main benefits of a company fleet insurance cover is that all the vehicles fall into a single policy. This means that only a single renewal date to remember. You can imagine the amount stress and time it would take to phone or obtain an online quotation for each individual vehicle. With a fleet insurance policy cover it is far easier to manage, add on vehicles, take off vehicles or even amend the drivers. A fleet insurance policy is suitable for almost any type of business including delivery business such as couriers, parcels, taxi or minicab firms, company car fleets, minibus or coach fleet operators, warehouse distribution or even a small corner shop with a few cars and or vans.

Great news for fleet operators is that the claims procedure is far simpler and easier to process. This means that the fleet operator will have their vehicle back on the road back quickly. Some insurers will also provide a guaranteed replacement vehicle in the event of even a fault claim. There will usually be an additional charge for this. It is important that the insurers are made aware of all claims on the fleet insurance policy as quickly as possible even if the claim was fault or non-fault. This helps to reduce the cost of the claim to escalate.

Normally a fleet insurance policy is available to businesses that operate five or more vehicles however some will also start fleet policies from as little as three vehicles. Mini fleet insurance is a great cover for owners with fewer than ten vehicles but for larger fleet operators the best option is to utilise the services of fleet insurance broker who can compare fleet insurance quotes with the whole market.

So, if you are looking for a car fleet insurance policy, a van fleet insurance policy or a mixture of both – even if the fleet consists of special type vehicles such as tippers, articulated vehicles, JCB’s and the like – it is imperative that you give us a call where we can offer and compare insurance premiums with the UK’s finest fleet insurance companies.

Active Insurance is a UK leading provider of fleet insurance solutions.

Active Motor Fleet Insurance Quote

With the New Year upon us, most but not all insurance companies have now come out fighting for new opportunities such as the fleet insurance market, liability, small to medium enterprise (SME) risks and are looking to explore new markets.

With the atrocious conditions that insurance companies have had to contend with in the taxi insurance market; insurers with vehicle insurance know how, are looking to replace their books with what is perceived to be a more profitable market. Insurers should take note that the very reason taxi insurance became unprofitable was directly due to too many insurers fighting and scrambling for the market share, thereby forcing premiums to a simply unsustainable level. Some of the taxi insurance rates being offered were actually lower than standard car insurance rates.

Insurers, notably HSBC Insurance Company and a few other household name insurers have exited from the taxi insurance market for the time being. But will the same happen with the fleet insurance market? By pulling out of markets, insurers still have to replace these with new ones and it is suspected that fleet insurance may be one of them. This may be good news for buyers of fleet insurance products, but is it? There may be short term rewards to customers as rates, terms and premiums drop but, as the taxi insurance is finding out, the Market will catch a cold and push premiums to, what will then perceived to be draconian percentage increases to recover their losses.

New entrants to the fleet insurance game will hope to gain a share of premiums without any legacy of claims, probably unintentionally push premiums down with the hope of minimal collateral damage. A particular entrant has looked at the fleet insurance market cautiously and is probably right to do so. And what of the investment side of the collected premiums? Can this be offset against discounted or economical underwriting? It was widely presumed almost unanimously that following the Credit Crunch, insurers would have no other option other to actually start making an underwriting profit at source, which has not been the case recently. The early signs are not, apparently.

For 2010, it seems to be business as usual and a continual yo-yoing and cyclical hard and soft Market is still here to stay. Until the next crunch……

For any type of motor fleet insurance quote, contact Active’s commercial insurance department for advice or a quote. Active is the specialist fleet insurance broker for UK businesses and individuals.

When arranging a fleet insurance policy for cars, vans or mixture of both it is important to utilise the services of an experienced broker that has in depth knowledge and experience in this market. Many brokers offer this service but finding the correct one for your business can be tricky. At Active we can easily arrange and offer you highly competitive motor fleet insurance quotes by comparing the quotes with numerous fleet insurers.

To be able to provide a cheap fleet insurance quote many different underwriting factors are taken into account. Some of these include;

• Previous fleet experience, if applicable
• Claims history
• Number of vehicles
• Type of vehicles, cars, van, haulage
• Driver details
• Use of fleet vehicles – For example, own goods, haulage, courier, hire and reward, taxi, commercial travelling, etc

The above is a small list of the criteria that is used in calculating the cost of a fleet insurance policy.

Fleet Insurance Quote from Active Insurance

Whether you operate only a few vehicles or large motor fleet, talk to the experts and get a free review of your fleet insurance policy from Active. In 95% of the cases we save considerable amount of money to the fleet owner. For a quote or advice please contact us on 0844 477 9805.

For any business that own and operate a fleet of vehicles it is important that certain checks are performed prior to any staff using any of the vehicle on a public road;

• Any vehicles owned and operated by the business must have a minimum of third party insurance.
• Any employees that will be using any of the fleet vehicles must also be listed on the policy unless they are covered under the any driver section of the policy.
• Any personal vehicles that are used for business purposes must have the correct insurance for business us.

The type of motor fleet insurance must be appropriate to the use its intended for. An example is if you operate a couriers firm then the fleet insurance policy must be for courier use as it will include cover for hire and reward. If your vehicles are used for commercial travelling then this must be declared to the fleet insurers.

The price of a fleet insurance policy varies considerably and many different factors are taken into account in calculation the premium. For a quote or for more information please visit or commercial fleet insurance page or you may contact us by telephone and speak with one of our experienced fleet motor advisor.

Active Insurance provides comparison fleet insurance quotes from some of the leading fleet insurance companies in the UK. For advise or a quote on any type of fleet cover please contact our commercial insurance department on 0844 477 9805.

At Active, we compare fleet insurance quotes on your behalf with a panel of insurers so that you do not have to rekey in quote details with different insurers. We work on your behalf to obtain you the best possible terms for your motor fleet.

Fleet Insurance

It has been proven that investing in sound risk management more than pays for itself in a number of ways – less wear and tear on vehicles, reduced fuel and tyre costs, increased productivity, reduced number of accidents, morale, employee retention – the list goes on. Research by the Health and Safety Executive published on their website in November 2007, showed that accidents cost businesses more than the repair bill itself. It showed that customers and prospective business can be affected, not forgetting the potential for an employed driver to be absent from work due to any resultant injury or worse, any court hearings. This research also found that any company who adopts a daily risk management strategy will affect the number of accidents, improve customer satisfaction, staff motivation and, crucially, profitability.

One of the key factors when obtaining a fleet insurance policy is to make sure you utilise a decent broker. The have a significant influence over the effectiveness of a fleet policy. They are a true ally and can intervene and help with the set up and smoothness of incepting a new policy or maintaining an existing fleet of business. They also have a mandate to work on the policyholder’s behalf, not the insurers.

For any fleet insurance quote or enquiry please contact Active Insurance on 0844 477 9805 or visit there website at http://activeinsurancecompany.co.uk/motor/fleet/

Fleet Insurance from Active

Figures released this week have reported that while fleet insurance premiums remained stable in 2007, figures for the second quarter in respect of new business premiums have been steadily rising. The third quarter of 2009 has seen a rise of 2% over the same quarter in 2008. But, despite these figures, renewal premiums have actually decreased as insurers fight with each other to retain their existing client bank, especially as they are aware of those customers risk details.

There always seems to be a tendency for a drop in average premiums between the second and third quarters but even this drop has only been 3.8% compared with the drop reported in 2008 of 6.8%. Whilst this may seem not good news for policyholders, in fact these increases have remained modest. Insurers are continually battling to maintain a profit but, a distinct lack of investment income over 2009,  have sought to retain an underwriting profit without losing policyholders. This is true of almost every class of insurance and is not isolated to fleet insurance. Whilst it is currently very difficut to forecast, expect new business premiums to continue to rise and at a faster rate and expect renewal premiums to rise at their current rate.

Another obvious difference would be a Multi-Passenger Vehicle up to eight seats or a minibus with nine or more seats. Next, where are the vehicles kept? Insurers look at whether all the vehicles are kept at the same address in a locked compound overnight or if employees take them to their own address, perhaps in a higher risk area on the public highway. Looking at drivers themselves, if are they all over twenty five, then driving can be restricted to that age and over. This can result in cheaper fleet insurance premiums. 

Furthermore, if there are only a few drivers, insurers look favourably at named driver policies only, as long as administration on the operator’s part is not a burden. The majority of insurers also prefer drivers who have held a full UK licence, conviction free, for over two years.

Insurers also look at the efficiency of risk management. For example, are drivers given a handbook of procedures and rules? Any fleet operator will also check every drivers licence periodically, but at least once every six months. These all count towards maintaining a healthy assessment of the overall risk to insurance companies.

Next, look at the cover you need. Does the whole fleet need to be insured on a comprehensive basis? If a few vehicles are ageing, it could possibly be worth reducing cover to third party fire and theft, saving potentially a few hundred pounds per vehicle.
 
But a consideration must be made as to whether a fleet operator can afford a vehicle being off the road following a fault, partial fault, or ‘hit and run’ accident where the third party is not known. Another option would be to retain comprehensive cover but elect to opt for a voluntary excess to reduce the premium. For further advice, options and terms, always contact a reputable broker as they can assess your needs and provide the cover you require.

Active Fleet Insurance

Despite the recent demise of HSBC Insurance Company, fleet operators still have a huge selection of fleet insurance companies to choose from. Whilst they were very active in the fleet market, particularly in the self drive hire sector, the remaining insurers are still engaging in a mini price war, albeit on a more selective basis. When looking at a fleet risk insurers are scrutinising the risk presented to them in even greater detail, analysing the history and performance of the fleet, assessing good risk management and, of course, the potential profit that can be made.

Those fleet operators that can fulfil the requirements that insurers are looking for can enjoy a range of policies that will suit their budget and needs. New fleet operators and those with either a poor claims record or exposure cannot expect the same choice. As insurer’s lack of investment income now begins to emerge in their accounts, any fleet that presents an unknown quantity or a risky gamble is at best attracting high premiums, at worst not being offered terms at all.

Insurers also have to consider the impact of continually high uninsured loss claims – these are losses legitimately claimed by third parties in addition to the physical claim such as loss of earnings, hire cars and the like. These claims remain a scourge to insurer’s profit and loss accounts. Whether this will change in 2010 following legislation remains, but for now the fleet insurance Market is still buoyant and competitive.

Active Insurance is a leading provider of highly competitive fleet insurance policies for UK fleet operators. Fleet policies available for businesses with 3 or more vehicles.

Fleet Insurance Brokers

For any business whether it’s a small, medium or a large enterprise there comes a time when the business will change and as a result your motor fleet insurance policy will need to be updated. It could be that the vehicle type may need to be changed from cars to commercial vehicles or a mixture of both. Whatever the reason, it can be a tasking time to source and find a supplier of fleet insurance policies that can react to the changes to your business needs. The last thing you want is to spend hours or even days on the telephone to your fleet insurance company trying to get the correct coverage for your fleet. By talking to a broker or an insurer that can quickly understand your requirements will not only save you time but can also save you money.

As with standard private car insurance, the level of covers available on a fleet insurance policy is the same. All three levels of cover can be obtained for your fleet including Comprehensive, Third Party Fire & Theft and lastly the Third Party only cover.

Most fleet insurance companies will also allow you to vary the level of cover for different vehicles. For example, the fleet may have some vehicles that are new purchases and on these vehicles you want to insure them for Comprehensive cover. Certain vehicles in you fleet may be a lot older and the value of these cars in nominal and you can opt for Third party cover for these vehicles. This could save you considerable amount of money on your fleet insurance policy. Obviously many other rating factors exist in qualifying for a cheap fleet insurance quotation.

One of the rating factors on a fleet insurance is the age and experience of the drivers. By limiting your fleet drivers age to a minimum of twenty five years of age could also save you money. If you have one driver that is aged, say 23 years old, you can request that one driver to be added additionally for a premium. Not all insurers will allow younger drivers to be added to the policy, so before taking out a fleet insurance policy confirm with the advisor if the policy will allow adding a younger driver at a later stage.

With most car insurance policies additional optional extras are available. This also applies to the fleet insurance policies. You can opt for a fleet breakdown cover so that all vehicles are covered for breakdown assistance and recovery. Legal expenses policy is another useful add-on to help recover your expenses in the event of a non-fault accident. Courtesy or a replacement vehicle option is another one to consider unless you have spare vehicles in your fleet.

Now fleet insurance is available for many trades including commercial travelling, carriage of own goods, goods for hire and reward (such as couriers), private or public hire (taxi) and haulage. Remember fleet insurers want to see good risk fleet management in place to offer the big discounts. This can include driver training, driver forms, vehicle security etc.