How can you minimize Motor Fleet Insurance Premium?

Fleet operating cost can be huge expense for any organisation. Adding insurance cover may help reduce the maintenance and accidental wear and tear cost of the fleet. Here are some methods which can reduce the premium you will have to pay for such insurance: Claims Records: Know your claims history clearly. Ask your insurer for […]

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How to file a claim under Motor Fleet Insurance?

A motor fleet insurance provides a cover to the entire fleet of motors. Based on the vehicle type and fleet size, the insurance can be tailored. It is designed for small, medium and large companies with a large number of motor vehicles. Instead of insuring each vehicle separately, the motor fleet insurance will provide one […]

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What is not included in your Motor Fleet Insurance Policy?

There are many limitations to your standard motor fleet insurance policy. You should not think that a motor fleet insurance policy means zero-expenditure. Even a comprehensive insurance policy does not mean zero out-of-pocket expenditure. Certain conditions when your motor fleet insurance papers will not help you. Wear and tear on your vehicles If your vehicle […]

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Who can purchase motor fleet insurance?

As a business expands, its transportation needs might increase proportionately. Thus, organisations tend to buy more vehicles. Usually, they insure every vehicle separately. Motor fleet insurance is a great way to insure multiple vehicles in one plan. It is easy to manage in addition to being cost-effective. However, it is not only organisations that can […]

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What is covered under motor fleet insurance?

Motor fleet insurance is a single policy that offers cover for multiple vehicles. To better understand how this might benefit you or your organisation, it would help to know exactly what kind of cover such a policy offers. Motor fleet insurance cover Single policy for all your vehicles As the name suggests, motor fleet insurance […]

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What is a sunset clause in a motor fleet insurance policy?

A business owner may have a fleet of cars, lorries, vans which are used on a daily basis for his business-related activities. Managing all these vehicles can be expensive and hence it is vital to insure all the vehicles for proper business continuity. A motor fleet insurance policy is designed to provide coverage to all […]

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