Vehicle Fleet Insurance
Do I need it? If you're running more than three vehicles (vans or cars) through the business, it is almost always more cost-effective to have them covered on a fleet policy.
Based on many years experience in the fleet insurance market, we have developed a range of motor fleet products which deliver the most effective solutions for all fleet operator requirements.
In addition, rather than provide a basic ‘one size fits all’ cover, we offer a range of cover options and value-added services to enable us to design an individual programme of insurance and risk management support, tailored to your specific needs.
What is it? A single, master insurance policy that covers all your vehicles and which is both cost effective and easy to administer. Our fully detailed cover gives you the peace of mind of knowing that your staff are fully insured at all times.
A typical policy will cover: Third party - minimum cover available Third party, fire and theft - this provides third party cover, plus cover for loss of ,or damage to, vehicles caused by fire, theft or attempted theft Comprehensive - this provides the more complete cover for fleet operators and includes all the features of third party fire and theft plus: - Cover for the cost of repairing vehicles (including its accessories and spare parts while on the vehicle) following loss or damage by collision or other accidental causes. - Replacement vehicle cover for all vehicles purchased as new, or held from new under an agreement which are up to one year old, which are stolen and not recovered, or which are damaged to the extent that the cost of the repairs will exceed 50% of the manufacturer's recommended retail price plus taxes. Under this benefit insurers will pay the cost of purchasing a new replacement vehicle of the same make and model Additional cover available: Contingency cover for employees' vehicles – covers your liability to third parties for employees using their own vehicles for your business in the event that the employee's insurance does not protect you Cover for damage to windscreens Cover for loss or damage to clothing and personal effects Cover for medical expenses for occupants of the insured vehicle following an accident Fees as required by the Road Traffic Acts Personal accident cover for drivers involved in an accident Unauthorised movement of third party vehicles Third party property damage - unlimited for cars, limited to between £250,000 and £5m on other vehicles Unlicensed drivers requirement for the driver to hold a licence does not apply where the law does not require a licence Trailer cover – attached and detached cover for trailers Indemnity to principals cover provided Contractual liability - cover not provided in respect of liquidated damages or under any penalty clause Driving abroad - full policy cover is provided while vehicles are travelling in: - Any member country of the European Union and Czech Republic, Hungary, Norway, Slovakia or Switzerland Our Value Added Services Fleet risk management including driver training and vehicle security First class claims service Comprehensive monthly or quarterly claims data 24-hour emergency helpline for accident damage (vehicles covered for accident damage only) Authorised repairer network (vehicles covered for accident damage only) Emergency glass and radio repair or replacement (vehicles covered for glass or theft damage only) Uninsured loss recovery service What should I do now? Because of our wealth of experience in providing vehicle fleet insurance advice to our clients over many years, we are able to offer individually tailored products and services for a range of situations.
For an informal discussion please call us on 01325 353 888 and we will be happy to discuss this further. Alternatively please email us at webenq@bibinsurance.co.uk.
