A few years ago, owning more than one vehicle was seen as a sign of wealth. Nowadays however, owning a small fleet of vehicles as either a business or as a private individual has certainly become a more common thing. That is why there has been a rise in small fleet insurance in the last few years. People who own a lot of vehicles normally use them for business ventures and this insurance has been developed to protect them from incidents which could threaten this, such as fire, theft and damage.

Fleet coverage is different to normal car insurance because it covers multiple vehicles in one policy. Normally, fleet vehicles are used to a much greater extent than private vehicles. They may cover a significantly larger amount of miles, travelling to and from destinations and delivering objects and people to such places. This means that they are more susceptible to damage and breakdown. Small fleet insurance recognises this issue and attempts to cover business and private individuals who have a small fleet of vehicles from most possible outcomes of such use of their vehicles.

The main advantage of cover under a single policy is that all the volume of paperwork for multiple vehicles is significantly reduced. Another advantage is that claims are processed very swiftly after an accident compared to other options.
There are a few things that the company will need to consider before they provide you with a quote for your insurance. The amount of cars you are planning to insure could increase the premium on your insurance, also the models of the car. The insurer will also want to know the age of the vehicles and how many miles they have done. This is to protect the insurer from covering a car which is perhaps a lot more likely to suffer engine failure than one which is a lot newer for the same price.

With thorough research either online or offline you can compile a list of insurance companies that offer small fleet insurance before deciding which one is more suited to your needs.

Vision IQ Commercial Vehicle Insurance. Why not check out our small fleet insurance from a range of top providers.