Could Your Business Benefit From Fleet Van Insurance?

If you are a company owner who uses vans or other vehicles as part of their business then it will save you both time and money to consider fleet van insurance.

You do not have to run a huge multi-million pound business for fleet van insurance to be applicable to you. Many insurers classify two or more vans as a ‘fleet’ and others will offer preferential terms for anything over five to ten vans covered under the one fleet van insurance policy.

Vans are important business resources and represent some of a business’s most valuable assets. This is why it is of crucial important that they are fully protected and many companies find that a fleet van insurance policy is the best way to achieve this.

In the same way that productivity can suffer if your workforce is absent through sickness, having vans or other vehicles off the road through an unfortunate accident can also adversely affect your business. A police study estimates that over 47,000 light goods vehicles are stolen every year in the UK and this equates to over £150 million in lost assets. Can your business afford for its vans or other vehicles to be off the road?

Fleet van insurance is the perfect solution for firms with a number of vans or similar vehicles as one fleet van insurance policy can cover your whole range of vans and will save you both time and money. These policies range from just two vans up into the hundreds and so are applicable for any size of business.

They will also save you money as many companies offer discounts for the more vans or other vehicles that are insured through one fleet van insurance policy. Discounts of 10% or more are not uncommon.

It is also important to consider what the various fleet van insurance policies cover. Many include fire and theft, goods in transit or legal expenses and you might benefit from a policy that offers a replacement vehicle if you rely on your vans being on the road at all times.

As anyone with a fleet of vans will know, insuring your vehicles separately can be both complicated and expensive. There is no guarantee that each of the policies provides the same coverage as the others and the time in reviewing and renewing each individual policy can be immense. With a fleet van insurance policy all the vehicles are covered under one comprehensive fleet van insurance contract, saving you both time and money.