subject: Getting A Motor Fleet Insurance Policy To Save Time And Money [print this page] There are many people who have to travel long distances to fulfil their personal and work related commitments. These people usually own a fleet of vehicles that help them fulfil their duties. People who own a fleet of vehicles can get a motor fleet insurance policy to protect their vehicle and the people travelling in the vehicle from unforeseen risk. Usually, a motor trade insurance policy is taken out by companies that are in the business of buying, selling or repairing of vehicles. However, with the advent of the internet many families that own a group of vehicles have understood the benefit of taking a combined insurance policy for their vehicles.
There are many people who believe that they require dozens of vehicles to get a motor fleet insurance policy. The truth is that a such a policy can be taken by individuals and companies who own at least 3 vehicles. Both private and commercial users can take a single policy for the fleet that they own. Taking a single policy for all the vehicles owned is easier than getting individual policies which are not only time-consuming but also cumbersome. There are many providers that offer fleet insurance at competitive rates to both companies and private users. At times, insurance providers will also provide tailor-made policies to people who are unable to find ready-made products that fulfil their requirements.
There are many benefits of getting single cover for the fleet of vehicles that you own. One of the major benefits is that it becomes easier to maintain the insurance records of the vehicles. When you take an individual policy for each vehicle, you need to remember the renewal date and premium for each policy. This process is not only cumbersome but also time-consuming. Another benefit of taking out a fleet policy is that your insurance cost reduces. Taking individual policies for the vehicles that you own is expensive when compared to getting a single insurance policy. However, it is important that you choose a provider that can offer this kind of cover at the lowest possible premium.
At times, it is hard to find a ready-made insurance product that fulfils your requirements. To fulfil your requirements, there are many insurance providers who are willing to offer you tailor-made fleet insurance products. If you are unable to find insurance providers who are able to offer tailor-made insurance products, you can approach insurance brokers who will help you in getting the right insurance policy. Insurance brokers are aware of the market conditions and will help you in getting the best motor fleet insurance policy.
At times, the brokers will also arrange for interest free periodic payment of insurance premium that will help in reducing your insurance costs. When you approach your insurance broker, you need to discuss your requirements with the broker. This will help the broker in suggesting policies that meet your requirements. Some brokers have tie-ups with insurance providers that can help you in getting good discounts on the insurance policy. You can also use the internet to search for insurance providers that offer fleet insurance policies in your area.
by: Paul Delaney
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