Here are some of the typical key attributes of business fleet cover.
Do please note though that things may vary considerably between providers. The points below are by definition, generalisations – this article is no substitute for taking the time to read your policy proposal carefully in order to ensure you both understand it and are clear that it meets your requirements.
- the definition of a “business fleet” in minimum qualifying size terms may range anywhere from perhaps three vehicles up to many more. If you have a small business fleet, you’ll need to look for a business fleet insurance provider who is willing to start low in this respect;
- if you run a mixed fleet, for example cars and trucks, then you should be sure that your policy will support such. Surprisingly, some policies might apply only to commercial vehicles such as HGVs, vans and so on, with cars not being included;
- mileages per vehicle. It’s not unusual to encounter policies which include a limit on the average annual mileages accumulated per vehicle. It can sometimes be an extra cost to change that to unlimited annual mileage. Some policies will included unlimited cover as standard;
- private use. This is a tricky one that requires some thought. In a mixed fleet, it’s not unusual to find that car users are allowed to keep and use their vehicles for private purposes at the weekend and evenings etc. It’s of course important to be clear that your business fleet insurance policy permits this.
Slightly more complicated are scenarios where commercial vehicles are concerned. For example, someone using a van at the weekend for their private use might be one thing but if they’re using it to help someone move home in return for payment, then that’s private commercial use which is different and which a policy might not cover. Check the specifics with your insurance provider and be sure;
- driver rules – age. There can be huge variations here and they need to be clear to you. Some policies may not cover drivers under a certain age even if they have all the appropriate licence qualifications. Others may ignore age providing the licence is fine;
- driver rules – convictions. Once again, it’s very difficult to generalise here because views are so different from one policy to another. Typically, if you have a driver or drivers with certain forms of driving conviction, then you may need to accept that your premium will increase – perhaps substantially in some cases. You may also need to face the prospect that some very serious convictions might mean that the driver will not be covered at all. Speak with your potential provider for a full and frank discussion of your unique circumstances;
- outside UK cover. This might be included as standard or in some cases, an optional extra. Note that “outside the UK” is typically considered to be the EU plus some affiliated countries such as Norway and Switzerland. If your fleet operates entirely within the domestic market then cleanly this won’t be an issue for you. If you’d like to keep your options open though, look for EU inclusive cover.