A beginner’s guide to fleet insurance

If you have three or more vehicles held in the name of your company, you might benefit from fleet insurance.

Let’s have a quick look at what that entails and why it might make sense in your context.

Individual vehicle versus fleet cover

You’re probably facing three options:

  • to insure each vehicle separately;
  • to cover them as sub-groups – i.e. having a collective policy for say the cars and a separate one for the goods vehicles;
  • to insure them as a collective whole on a single policy.

Whilst the first two options are perfectly feasible in a mechanical sense, the attractions of the third might seem intuitively obvious. Apart from anything else, it provides you with a single policy, a single annual renewal date and a single insurance provider to deal with.

That alone should provide a significant interest and motivation towards finding out more about fleet insurance.

Added advantages

There is another potentially very powerful incentive to look at fleet insurance policies – cost.

It’s always important not to get too obsessed with cost in terms of selecting insurance solutions because purchasing the cheapest policy you can possibly find doesn’t necessarily tell you anything about its suitability for your needs. Yet, most fleet managers or owners are under huge pressure to manage their costs downwards so the issue can’t be ignored.

Typically, you might anticipate fleet insurance policies to be cost-attractive and perhaps more so than individual policies. That’s because just as is the case in almost every business domain, the more you purchase from a single provider, the more you’d expect to see that volume rewarded by attractive and aggressive pricing.


You might be able to find fleet cover of this type that is available for mixed vehicle fleets and mixed usages. For example:

  • cars and goods vehicles covered;
  • cars covered for both business and private use purposes;
  • unlimited mileages;
  • cover for drivers of any age – providing, of course, that they hold a suitable licence qualification for the vehicle or vehicles concerned.

Special cases

If you find the right provider, fleet insurance can be very flexible as outlined above. However, there may be some exceptions where special cover may be required. They might include:

  • taxis and fleet vehicles operated for hire and reward (e.g. luxury limousine hire, coach transport and minicabs);
  • buses;
  • very high risk hazardous cargos;
  • international transport which leaves the European Union for final destinations like North Africa, the Middle East or Russia etc. An insurance provider will normally clarify which countries their standard international cover is valid for;
  • stunt vehicle fleets used for display and entertainment purposes.

In such situations and others like them, it may be possible to extend the standard cover or to take out a special policy for the risks concerned.


Attractive as fleet insurance might be, you should always evaluate it against your specific needs – just as you would do with an individual vehicle policy.

An experienced provider of such cover such as ourselves at Alan Blunden Fleet Insurance will be happy to discuss your individual and unique business fleet position and provide further advice and guidance.

If you haven’t looked at this type of cover previously, now might be a good time to do so!