Businesses that operate on a nationwide scale through a vehicle fleet will benefit significantly from insurance policies. A fleet is not a cheap service to run and maintain, and its drivers can slip and make costly mistakes. While this is usually due to external circumstances, it is still going to cost you a headache. Insuring several of your vehicles with commercial vehicle excess plans can prevent problems from accidents and damages.
Fleet excess cover can include the entire lineup of vehicles for your business. While there are generally minimum and maximum numbers that a plan can cover, sometimes speaking with your local insurance broker will allow further options. Most policies for commercial vehicle excess can reach thousands of vehicles under a single plan, so you’re likely to find the right policy for you.
Fleet Insurance Excess Vehicles Covered
Corporate-owned vehicles include all kinds of utility vans, with some owning utility vehicles. You can list pick-up vans, tipper vans, light vans and other kinds under your fleet excess cover. Some companies even offer an “any vehicle” policy that covers all types of cars, vans, and some trucks. It makes sense to insure all vehicles that are linked with your company, as this provides a professional way to settle any damage disputes. You’ll also have an easier time dealing with the process.
When using your vehicles to transport goods and equipment or to make deliveries that are long-distance, a fleet excess cover is incredibly useful. Long drives are often the causes of road accidents. Fatigue, road conditions, speed of vehicles, and other uncertainties play a part in the way they materialise. These conditions mean that an accident can happen anytime, so it pays to protect your fleet by having an excess policy in place.
When using vans and trucks to carry equipment for your business, insurance will assist in any damages to your vehicle and other kinds of safety precautions.
What Policies Cover for Company Fleets
Vehicle fleet insurance has levels that constitute different claims. Third-party claims are a common one, as these cover damages made to another person’s vehicle or property. However, this claim will not cover damages to your own vehicle. The top-tier policy, known to be fully comprehensive, includes all damages to your van and others involved if mentioned in your policy. Fully comprehensive insurance typically costs more but puts you entirely at ease.
Additions To a Policy
You are free to include additional entries to your purchased insurance plan. You can add breakdown assistance, replacement vans, employers or public liability, and other kinds of accidents protection services. The more additions you place, the more the insurance will cost. When it comes to insurance, purchasing the right policy is vital in making sure that everything is covered and protected in case of any issues.
Remember that it is better to have it and not need it than to need it and not have it. This reason is why many opt for a comprehensive insurance plan to have everything covered. People naturally make mistakes, and it is impossible to keep completely safe every time one of your vans hits the road.
Your commercial vehicle excess can save the day in an accident or mishap because of a breakdown. By preparing for the worst, you’ll often save more money in the long run. Anything can happen when you’re on the road, so it’s always better to be safe than sorry. Contact your broker to find out more about a modified fleet excess cover.
When it comes to the best excess insurance plans in the United Kingdom, Goodbye Excess offers great options that remove the excess claims costs that are usually integrated. Say goodbye to excess money coming out of your pockets and start your insurance journey with us.