4 ways to save money on your fleet insurance…

With the ‘cost of living’ continuing to rise, both businesses and households are looking for ways to reduce their outgoings.

One way you could save money is to look for a cheaper deal on your fleet insurance. A reputable broker like  Insure Fleet, will compare the market and negotiate discounts on your behalf to bring you our most competitive rates.

However, there are a number of other steps you can take towards cheaper fleet insurance;

1) Increase the amount of voluntary excess. This will reduce your overall fleet insurance premium but you will have to pay more in the event of a claim.

2) Get a smaller engine. The smaller the engine size the lower the price of your premium will be. The cost of replacing the vehicles in your fleet will also be taken into account when determining the price of your policy.

3) Name the drivers. Business owners are likely to find it more convenient to select the ‘any driver’ option when filling out a fleet insurance quote form. However, restricting your policy to named drivers only can see you make one of the largest savings on your fleet insurance.

4) Consider the type of insurance you need. The cheapest fleet insurance is third party only but this won’t cover you for the cost repairs on you own vehicle in the event of a fault claim. Despite this, if you run a large fleet of responsible drivers, the amount you could save on your premium over a number of years may be more than an occasional pay out.

For more information or to discuss a quote, call today on 0333 202 3173. Alternatively, you could email any queries to fleet@insurefleet.com.