A Guide to Small Fleet Insurance

Every vehicle in the UK is required to have insurance by law. Most people don’t like paying for insurance but there are ways you can make things cheaper and more convenient. One such way is by getting a small fleet insurance policy.

Small fleet insurance is something that both business and families can benefit from. It enables you to insure multiple vehicles under one policy, making things easier to manage and often considerably cheaper too.

Below is some information on small fleet insurance as well as some ways to save money.

For families

Many people think of fleet insurance as something that’s reserved for business but in truth small fleet insurance cover is something that families can benefit from too. Some insurance providers allow you to get a fleet policy for as few as 2 vehicles so don’t worry if you think you don’t have enough vehicles to qualify.

With a family fleet policy you can get all your family vehicles insured together. This can be very beneficial for younger drivers in your family who might not be able to find affordable cover on their own. You can choose from the usual cover options with a small fleet policy i.e. third party only; third party, fire and theft; and fully comprehensive. A lot of insurance providers will also give you the option of adding breakdown cover to the policy.

For businesses

When you’re taking out a small fleet policy for a business then you’re going to have different insurance needs compared to families. You’ll still need road risks cover of course but you’ll also need to think about additional cover options such as goods in transit, breakdown assistance, liability claims, vehicle replacement etc.

Ways to save money

Below are some excellent ways you can save money on small fleet insurance –

  • Pay for the policy upfront – Paying for your small fleet policy annually as opposed to monthly is a very good way to save money. It’s true you pay more initially but you’re rewarded for this with a good discount with most insurance providers.
  • Make your vehicles secure – You should also take any steps you can to make the vehicles in your fleet more secure if you want to keep insurance costs down. This might include using GPS trackers, alarms, immobilizers, parking securely etc.
  • Shop around – It is of course important to get quotes from a lot of different insurance providers when you want to save money on your fleet cover too.