Here’s Several Good Pointers About Why It’s Worth Looking Around For Fleet Insurance
October 11, 2010 by: Timothy Simons GrimshawCongratulations if you now qualify for fleet insurance, which means your business has grown enough for you to have a large number of vehicles which are necessary for fleet insurance purposes. You no longer qualify for “no claims bonus”, but your annual renewal is based on claims.
When you come to renew your insurance, are you expecting a hefty increase? Are you going to shop around?
Shopping around can be hard work for both you and your broker, but it is a good idea to shop around because you are likely to make savings from year to year.
Planning at least six weeks in advance of your renewal is the only way of making the best savings. You also need to let your broker know that you need competitive quotes, and if he doesn’t comply, you should find another broker or get the quotes for yourself.
You need to do more than just give yourself six weeks though. Most insurers will need to know the details of your last three years’ claims. Make sure you know the amounts of each claim, and which event each amount is related to. If you were involved in a driving accident which wasn’t your fault, the insurers will need to know about the third party paying. You are entitled to and should gain this information from your existing insurer, who are legally obliged to give it to you.
When using an alternative broker, he will need all the details of all your vehicles, including the make, the model, where they are stored etc. You’ll also need to gather the information regarding the drivers, including age, gender, driving licence details, driving related convictions and so on, so make sure you have the information beforehand. This will not be a wasted effort because your existing broker will want your latest driver information anyway.
When using fleet insurance, your administration is simplified, and although it can be difficult to get the best deal at renewal, it can be very convenient.
After taking out a policy for my three vehicles, I got a discounted RAC breakdown cover price. 80% of burglaries use forced entry, but 20% use the opportunity of an unlocked door or window or easily accessible opening. Fleet Insurance fleet insurance You’re going to shop around aren’t you?
