If your company relies on a fleet of vehicles – from a few delivery vans to a full-scale haulage operation – managing risk is mission-critical. One accident can cause financial losses, delays, and brand damage. That’s why fleet insurance should be seen as more than a legal necessity as it’s a strategic safeguard for your business.
Discover how motor fleet insurance can protect your vehicles, reduce costs, and simplify administration. Learn coverage types, add-ons, and tips for lowering premiums.
Why Motor Fleet Insurance Beats Multiple Policies
Managing separate insurance policies for each vehicle is costly and time-consuming. Motor fleet insurance allows you to protect all your business vehicles under a single, flexible policy. This simplifies administration, can be more cost-effective, and gives you a clear overview of your cover.
Three Levels of Fleet Insurance Cover
Choosing the right coverage means balancing risk protection with budget control:
- Third-Party Only (TPO) – Minimum legal requirement, covers damage or injury caused to others but not your own vehicles.
- Third-Party, Fire & Theft (TPFT) – Adds cover for theft and fire damage to your fleet vehicles.
- Fully Comprehensive – Covers third-party claims, damage to your vehicles, and driver injuries regardless of fault – the best choice for maximum protection.
Customising Your Motor Fleet Cover
Every business is unique, and the best fleet insurance policy is one tailored to your operations. Popular add-ons include:
- Goods in Transit Insurance – Protects cargo from theft, damage, or loss.
- Breakdown & Courtesy Vehicle Cover – Keeps operations running during repairs.
- Specialist Vehicle Cover – Ideal for HGVs or construction vehicles not covered by standard policies.
Factors That Affect Your Fleet Insurance Premium
Insurers calculate premiums based on:
- Fleet Size & Vehicle Types – Age, condition, and purpose of vehicles.
- Driver Profiles – Age, driving experience, and claims history.
- Business Use – Risk varies between urban courier work and long-haul trucking.
- Claims Record – A clean history often means lower costs.
Drive with Confidence
Navigating the complexities of motor fleet insurance is easier with a knowledgeable broker. Cofton Insurance Services can help you find the right balance between comprehensive protection and cost efficiency, ensuring there are no gaps in your cover. With the right policy, your business can face the road ahead – and all its twists and turns – with confidence.
Ready to secure your business’s future on the road? Contact us today to discuss your fleet insurance requirements.