What Does Fleet Insurance Mean?

Insurance packages for your fleet are designed for multi-vehicle companies to get them all on policy. Whether they are cars, vans, minibuses, trucks, taxis or HGVs, there are 3 levels of coverage to choose from - Complete, third party, fire and theft and third party only. You can also choose to have a policy that covers any driver to drive a vehicle or is attached to named drivers for specific vehicles.
Fleet Insurance Explained:
Insurance for your fleet can be taken out if you have 2 or more vehicles. It can make management and keeping track of your fleet much easier, as they are all combined into a renewal date policy. A fleet can consist of passenger cars, vans, motorcycles, taxis, HGVs, LGVs or a mixture of them all. 

Advantages:
One of the biggest benefits of certain types of Fleet insurance is that you can potentially have someone who has a valid UK license in your company and who meets the relevant insurance criteria (based on age, driving history, beliefs, etc.) Just jump enter and run without the hassle of calling the insurance company to check details and add them to the policy.
Different Level of Coverage:
There are three different levels of coverage within an insurance policy. The comprehensive cover will give you the most protection on your vehicles and cover damage caused by your own or third-party vehicles or property as a result of an accident, whether it be a fault or a failure. It is also the most expensive of the three dues to the increased level of protection. The middle part of the cover is the third party, fire and theft covering all third-party vehicles or property against damage while covering your own vehicles against damage solely against theft or fire.

Third Party Coverage:
The most basic level of coverage is the only third party that does not provide protection for your own vehicles but covers claims against you for third-party compensation. There are also various driving restrictions that you can choose when creating a policy. You can set your policy to any driver, which means that anyone with a valid UK license can run one of your vehicles listed on the policy. or you can specify named drivers for each vehicle instead, which will be cheaper for the two options.
Reduce the Cost:
There are several ways you can reduce the cost of your insurance, one of which is to limit the age of the people who can drive it. For example, taking young drivers out of the equation and setting a minimum age of 23 would help reduce the price. You can also increase the voluntary profit on your policy and ensure that all vehicles have a good level of security.