Mini Fleet Insurance

Guide To Mini Fleet Insurance 

Mini or small fleet van insurance is the ideal policy for a new business venture or a small delivery business. The number of vehicles can range from 2, to 3 or 4 or 5 vehicles. The mini fleet can consist of a mix of both work vans and cars.   Grouping cars or vans or a mix under one insurance policy should save you money. However, this is not always the case, so it is always recommended comparing the traditional single policy route with taking out a mini fleet insurance policy. 

Mini fleet insurance is a form of fleet insurance, but aimed at smaller fleets that comprise 2, 3 or more vans, but normally under 5 vehicles. Above that number, then you could start to consider any driver fleet insurance.  Multi Quote Time working in partnership with QuoteZone can get you started with multiple quotes from a panel of select UK insurance brokers for mini fleet van insurance. Your insurance requirements will be shared with a panel of specialist brokers. 

How Many Vehicles Are Required to Apply For Small Fleet Insurance

To qualify for small fleet insurance or business insurance for a small fleet, you will need a minimum of 2 vehicles, additional vehicles can be added later as you grow your small business. You may also wish to consider family feet insurance if all the cars are registered at the same address.

Can the Policy Include A Mix Of Vehicles Types Under One Policy?

A mini fleet policy is flexible, letting you add cars, vans, motorbikes and larger vans and trucks. With some insurers, it is also possible to choose different levels of cover. For example, one vehicle could have third party fire and theft cover and another have full comprehensive cover.  Any of the vehicle categories below can be added into a mini policy

• Cars and Pickup’s
• Vans
• Trucks and Tippers 
• Pick-up’s

• HGVs Heavy Goods Vehicles
• Minibuses
• Taxis (public and private)
• Bikes

What Insurance Do You Need to Start a Rental Car Business?

If you are entering the van or car rental business, you will need specialist self driver fleet insurance. Traditionally, you would buy an annual policy to cover your rental fleet, but that has changed. With the advent of COVID, it quickly became apparent that covering cars that were just sitting in the rental car park was not sustainable for any rental business. This has led to a new pay as you go self drive hire insurance becoming available that is based on actual usage. Think of it as pay per use basis that only activates the insurance when the car is actually being hired out. 

What Levels Of Cover Are Available?

The levels of cover are the same for both commercial and social, domestic and pleasure cover and include the following;

• Third Party only. This is the minimum level required by UK law. This level of cover provides protection to the other drivers, property and pedestrians, but does provide cover to your own vehicle.
• Third party with fire and theft. This includes third party as above plus damage to your vehicles by fire, theft or vandalism. In the event of theft, the policy can help compensate you and some will also provide a courtesy car in the interim. 
• Fully comprehensive. Cover as above plus cover is extended to you and your vehicle and property.

Do All the Policies Have To Be The Same?

A policy is issued for each motor. The type of policy required along with the level of cover is based on the owner requirements. Once all motors have been issued a policy, all the policies are then lumped together as a mini fleet insurance policy. This makes it possible for each motor to have the cover at an individual owner requirements level.  So it is possible to mix a vehicle with a hire and reward insurance policy with Social, Domestic and Pleasure use under the same fleet policy.

The policies can also be made to protect the motor or the driver. By naming the drivers, they can drive any of the vehicles and be covered. By naming the vehicles, anyone named in the policy can drive with cover. 

How Can I Lower the Cost of My Small Fleet Insurance Policy?

It is important not to under insure and select a level of cover that will cover your risks. You can also take steps to reduce your risk profile, take a moment to consider the following options that if followed should lead to a cheaper quote.

• Agree to keep your fleet parked in a secure area when not out on business.
• Add tracker and additional safety devices to your business vehicles.
• Pay for small fleet insurance on an annual basis rather than monthly
• If you are currently driving a car in a high insurance category, consider swapping to a lower category
• Agree a higher voluntary excess for your business vehicles.
• Get multiple quotes So that you can compare fleet insurance providers

Mini Fleet Online Van & Car Insurance Quotes

Comparison is a crucial step in securing the best deal. One of the major advantages of the internet is the ability to quickly obtain a wide range of quotes, making it easier to compare options. Whether you’re searching for your first policy or approaching renewal time, it’s important to research all available options. Your loyalty should lie with the best price that meets your business’s coverage needs, rather than sticking with the same provider out of habit.

After you complete one simple form, your requirements will be shared with a select panel of UK insurance brokers. They will compete to provide you with a policy tailored to your specific business or pleasure needs. If you own or operate a fleet of cars or a mix of cars, vans and motorbikes, a mini fleet van insurance policy may be the best way to go. To find the best mini fleet deal for your needs, it’s essential to compare all available options in the UK market. Save time by requesting multiple quotes from QuoteZone’s panel of brokers, who are ready to assist you in finding the most competitive and suitable deal.