Small Business Fleet Insurance – Brexit Questions

We’re already receiving some questions about what Brexit will mean for fleet insurance. So, we’ve decided to put a few thoughts together here.

Do please remember though that we at Alan Blunden Insurance Brokers are experts in things such as small business fleet insurance. We don’t claim to be politicians or economic forecasters!

The current position

At the time of writing, the UK government has just commenced Brexit negotiations with the EU.

This is a process that could easily last another 24 months and might, by process of mutually agreed extension, last even longer. The direct answer then is we don’t know what final Brexit deal will be agreed and right now, it seems unlikely anybody else in Brussels or Westminster does either.

That inevitably means that our direct answer to the question is once again – “we don’t know”.

No direct impact

Many aspects of Brexit don’t, at face value, appear to have much to do with vehicle insurance. As such, our excellent small business fleet insurance products won’t be directly affected by the potentially controversial debates between the EU and UK on subjects such as immigration, the primacy of courts, expat rights and so on.

The by-product economic issues

It’s also doubtful whether vehicle insurance will ever be a direct subject for discussion at the highest political levels.

Any suggestion that UK registered fleet vehicles won’t be able to obtain insurance cover for journeys in the EU seems impossible to believe. Already in the EU today it’s possible to see vehicles from many countries that are not member states including Switzerland, Russia, Ukraine and Norway openly driving on the roads.

So, that looks to be a non-issue and no cause for concern.

It is though conceivable that commercial fleet insurance might be indirectly influenced by the broad background economic debates and particularly the “free-market”.

Whenever trade deals are being negotiated, there is always an imperative for both sides to play hardball to try and get the best deal they can. In almost all cases, common sense prevails and a compromise is reached. However, it’s just about conceivable that if trade talks collapse and a tit-for-tat series of sanctions and penalties are imposed, then indirectly that might affect UK insurance premiums for vehicles travelling into the EU.

It might also affect wholesale insurance costs on the London markets.


This though seems highly improbable. The EU and UK economies are just too important to each other for either side to put the vast trading sums at risk by being unrealistic and starting a trade war.

The idea that German and French vehicle manufacturers will happily accept not being able to sell their cars in the UK or that Scottish Whisky producers will gladly write-off their exports to the EU, seems inconceivable. There are literally hundreds of other such examples too.

So, on balance, the most likely outcome in the arena of trade (and indirectly, small business fleet insurance) is one of little direct change.


True, we still have a long way to go and things can change dramatically. Uncertainty can arise from almost nowhere, as in the case of the recent UK General Election.

We, like everyone else, will be watching events closely. We’ll share our views with you from time to time, as the situation evolves.

Small Business Fleet Insurance Tips

Over our many years’ experience of offering fleet cover, we’ve given countless individual tips to our clients.

From time to time, we at Alan Blunden Insurance Brokers like to share these with a wider audience. So, here goes!

Think “fleet” – however small your business is

It’s surprising how often we encounter companies who think that fleet insurance won’t apply to them because they’re not big enough.

Well, you don’t need a cast of thousands to qualify for the benefits of fleet cover! In fact, our fleet insurance policies can start with as few as three vehicles. That might prove to be a significant financial advantage for you over taking out an individual policy for each of your three vehicles.

The bottom line is very simple here – just contact us and we’ll talk you through why this type of policy might be advantageous.

Don’t doze off at annual renewal time

We’ve all done it – just letting an insurance auto-renewal drift through because it doesn’t seem worthwhile thinking about it. It’s easy to start believing that you’ve got other things that are more pressing.

Now this is one of our most frequently offered tips but it remains valid – talk to us in the runup to your fleet cover renewal. We might well be able to bring to your attention that new products and deals are available on the market and that can only be beneficial to you.

Of course, if you’re already with us then we’ll do all this automatically for you.

Look closely at mileage allowances on policies

Some people have been unpleasantly surprised by the fact that their fleet cover imposes strict annual mileage limits.

This is unnecessary because our policies offer unlimited mileage as well as mixed cover for vans, trucks and cars etc.

So, read your policy carefully on this subject if you’d like to avoid future shocks – or better still, talk to us.

Manage your cost drivers

A few things can drive up your premiums, subject to the nature of your fleet policy.

Typically, they might include:

There are some other things in this domain too. We can highlight those to you and if you can address them or even just some of them, you may see your premiums fall.

Cover personal and business use in your policy – if appropriate

This is important because for some companies, it’s not always possible to clearly distinguish between commercial and personal use.

It’s worth being clear that if, for example, you allow your colleagues the use of a vehicle at weekends then that will typically constitute personal not business use. If they then have an accident and your policy stipulates commercial use only, then you may have a problem with your claim.

To avoid such issues arising, look for a policy that can provide integrated cover for both.

Talk to someone who knows fleet insurance inside-out

Fleet insurance cover isn’t something that an insurance provider can do “a bit of now and then” whilst still offering rounded and appropriate in-depth advice.

It’s highly advisable to seek an insurance provider who really knows the domain and has worked in it for many years.

OK, that sounds like us – and it is!