Motor Fleet

Individual motor policies (car, van & motorcycles) are mostly arranged using IT systems with the best rates offered for named and approved drivers only – often the policyholder and their partner which usually offer the most competitive rates.

However for businesses you often need more than one person to drive. Flexibility is the main benefit of a Motor Fleet policy – we can arrange policies with permitted drivers as ‘Any Licenced Driver’, however, discounts are available if an age restriction can be imposed such as ‘Over 21s, 25s, 28s or even over 30’s’.

The premiums for Individual motor policies take into account the No Claims Discount earned for each individual vehicle. Once you have reached the maximum the premiums are usually low but one small claim can easily see you ‘drop down the ladder’ often causing a significant premium increase. Motor Fleets are different – they have an overall Fleet Discount which takes into account the past yearly experience and performance – looking at the frequency and cost of claims. The better performing your fleet the lower your future premiums are!

To qualify for a Motor Fleet most insurers generally require 5 vehicles or more but we have facilities with Insurers who will accept 2 vehicles.

1. What is Motor Fleet Insurance and how does it work for UK businesses?

Motor Fleet Insurance is a single policy that covers multiple business vehicles under one contract – from cars and vans to HGVs and specialist vehicles. Instead of insuring each vehicle individually, your fleet is protected on one schedule with one renewal date, making administration far easier. A broker like Munro-Greenhalgh can tailor the cover to your fleet size, driving profile and risk exposure.

2. How many vehicles do I need for a Motor Fleet Insurance policy?

Most insurers will consider three or more vehicles as a fleet, although some have minimums of five depending on the class of use. If your business operates several vehicles—whether owned, leased or hired—a fleet policy can usually offer better flexibility and premium savings than insuring them separately.

3. What types of vehicles can be included in a Motor Fleet policy?

A fleet policy can cover almost any road-registered business vehicle, including:

• Cars and company vehicles

• Vans and light commercial vehicles

• HGVs and trucks

• Pick-ups

• Special-type vehicles (e.g., tippers, plant in transit)

• Courtesy or delivery vehicles

• Mixed-use fleets
  A broker will help ensure all vehicle types and uses are correctly declared and rated.

4. What factors affect the cost of Motor Fleet Insurance?

Insurers assess several risk factors, including:

• The types of vehicles and usage

• Driver age and experience

• Claims history and accident frequency

• Vehicle security, telematics and risk-management practices

• Annual mileage
  By working with a specialist fleet broker, you can present your risk accurately and access wider insurer options to help achieve the most competitive premium.

5. Does Motor Fleet Insurance cover any driver, or do I need to name them?

Fleet policies can be arranged on an Any Authorised Driver, Named Driver, or Restricted Driver basis. “Any driver” offers maximum flexibility but may cost more. If your business employs younger or less experienced drivers, insurers may apply age limits or exclusions. A broker can advise on the most suitable and cost-effective driver basis for your business.