Something about the nature of insurance seems to make people want to pay as little as possible for it. Cars on the other hand, people seem to be willing to pay through the nose for, but when it comes to insurance, everyone wants the cheapest. The latest way of doing this is by grouping everyone that lives in the same house under a policy called family fleet insurance.
The concept of fleet insurance is all very well for people who have families of careful drivers (yeah, right) but what about those who live with a boy racer? It sounds like some family members could end up paying more for a combined fleet insurance policy.
Fleet insurance was originally intended to work was with 100 or so of the same car all insured by a company for their staff to drive. However in actual fact most fleets are made up of different kinds of vehicles. Minibuses, Lorries, HGVs and even Tractors can wind up insured on the same fleet insurance policy.
If you ever find yourself on a long journey and very very bored, there is a little game you can play as a cheap (very cheap) way of passing the time. You look at each vehicle that passes you (or that you pass) and try to work out whether or not they are insured on fleet insurance. The good thing about this game is that you can’t really lose (unless you’re going to stop each car you make a guess at and ask them about the details of their insurance) but to help you win, here are some tips;
Vehicles that are clearly owned by a company i.e. those that display a logo will probably be covered under fleet insurance, cheaper vehicles are probably not (if indeed they’re covered at all!) cars driven by racers who speed around roads are almost certainly not, police cars almost certainly are, and what about other kinds of businesses? Butchers, bakers, candlestick makers taking out fleet insurance? Maybe!
How would you decide whether to insure your vehicle on a fleet or not? Easy really – find out if it’s cheaper to insure your car that way before you start! It’s best not to ask a meerkat or an obese opera singer. Chances are they won’t be able to help you at all let alone compare you. Best to ask a real live walking talking insurance broker. If you want to find cheap fleet insurance it pays to discuss your insurance requirements with real live people! Enjoy the game!
If you think that you could benefit from fleet insurance then you should give Coversure a call. They are specialist insurance brokers with great relationships with some of the country’s most prestigious insurance providers so they can secure you great deals on anything from fleet insurance to caravan insurance.
Tags: advice, autos, cars, cheap car insurance, fleet, Insurance, misc, vehicles