If you run a company that operates a fleet of vehicles then there are a number of things that you should be aware of before you start looking for fleet insurance as some of these things can affect the amount you pay in premiums – it can also determine whether or not the insurance company will pay out on any claim that you make.

You must make sure that any driver that you employ has a full driving licence and is entitled to drive the size of vehicle that your company runs/ If there is a problem and the fleet insurance company discovers that any of your drivers do not have a full licence, or they have been banned and are driving illegally, then the company can refuse any claim you make.

When you have fleet insurance you don’t necessarily have to have the same cover for each of your vehicles. Some vehicle may only have third party fire and theft while others will have greater coverage, including breakdown insurance and European breakdown insurance for any vehicle that is driven throughout the EU. If some of your vehicles are needed for different purposes at different times then you can lower or raise your excess on any given vehicle, as this will lower the cost of the premium.

If you drive your own car then you can also have this vehicle on a fleet insurance policy as this could save you money. Where you have a group of drivers that have their skills updated by regular training sessions then this could lower your premiums as the insurance company would regard this action as taking care of your vehicles. If you insure all of your vehicles with the same insurer then this can reduce the risk to your vehicles and may also mean that you eventually pay lower premiums. On the other hand, should you insure vehicles with different insurers then you could end up paying out a lot more in premiums.

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