If you are on the market for affordable insurance for your fleet, there are a few things you need to keep in mind. In the UK, it is not difficult to find the right cheap fleet insurance provider for your particular needs. There are commercial plans available for big or small businesses. Some companies even allow various payment options.
Following are some guidelines that you can use when looking for affordable insurance coverage for your fleet:
You can begin your search on the internet. Check out the coverage options and the available payment plans that the insurance company offers. Get in touch with one of their agents to request for a quote, and to discuss other important details. Make sure to clarify the grey areas in the terms and conditions since fleet coverage may vary from one policyholder to another.
Bear in mind that the cheapest option may not always be the best. Remember that you need to have enough coverage for your fleet. Considering that the expenses you can incur for damages that result from accidents can be quite high, buying comprehensive physical damage as well as uninsured motorist cover may be a good idea.
Request for cheap fleet insurance quotes from various companies and check out their offers.
Ideally, you need to have at least three. Weigh the advantages and disadvantages of each policy. You can use online quote comparison tools for this.
Work with a car insurance broker.
Finding the right coverage from the numerous options available can be quite tedious. Thus, getting the services of an insurance broker may help. Brokers have connections with major insurance providers and have good knowledge about their products, so they can recommend specific products that will match your particular needs.
As a fleet insurance buyer, you must know that every insurance service provider applies its own set of criteria in assessing drivers risk factors. This explains why different car insurers may provide you with different quotes.
If you want to get discounted rates for your fleet, consider using the same provider for your other insurance needs, such as for your office and other properties. Most insurance companies will offer lower premiums if their services are used for multiple types of insurance.
If you have an existing fleet insurance cover from a certain company, contact your agent and request for a review of your policy to determine if you are qualified for lower rates. If you are not given preferential rates, check out what the competitors have to offer. Some insurers would be willing to give a considerable discount just for switching to another provider.
To make sure that you are dealing only with a legitimate insurance company, check out their financial standing. Read reviews from credible and independent websites, and from actual users. Fly-by-night companies always offer cheap premiums. However, they are likely to close shop in the future or deny your claims.
By using these guidelines, you can find the cheap fleet insurance cover that will be best suited for your business.