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Small business fleet insurance

Small business fleet insurance


Do you think that your fleet is too small for fleet insurance policies?

If so, you’re not alone. Yet that belief is typically mistaken because small business fleet insurance policies exist and they might offer you some considerable advantages.

What is a fleet?

In theory, a “fleet” can be viewed as anything more than a single vehicle but in practice, some insurance providers use a minimum of three vehicles before they’ll consider it to be a fleet as such.

It doesn’t take a lot to reach that figure. Even a typical small business might have a company car or two plus a van for deliveries and collections. So, it isn’t difficult to reach that definition of fleet – providing you find an experienced provider of small business fleet insurance who is prepared to work with lower numbers of vehicles.

Why this matters

There is no absolute reason why you must have small business fleet insurance. You could, if you wish, continue to insure them separately as individual vehicles.

However, it might typically be advantageous to take fleet cover because:

  • you may benefit from economies of scale, meaning that your cost-per-vehicle for insurance will be reduced from the figures you’ll be paying if you cover them individually;
  • having only one insurer to deal with and one renewal date for all your vehicles, should save you a lot of time and administrative effort when compared to multiple policies and multiple providers;
  • fleet policies might bring with them other attractions, such as unlimited mileage for all vehicles covered;
  • it might also be possible to cover all your vehicles – cars, vans and perhaps larger commercial vehicles – on the one policy.

Given the focus on cost management in most fleet management operations today, the above advantages should prove attractive.


Assuming you approach an experienced and flexible insurer, multi-vehicle type cover may be available. However, some vehicle types and some of the rarer fleet operations might be exceptions to that such as:

  • hazardous goods. Some fleets specialise in transporting hazardous goods. That might include radioactive material, chemicals and explosives (etc.). In such cases, special cover might be required for the vehicles concerned and separate insurance for other vehicles in the fleet;
  • some highly unusual vehicles might require unique cover. An example there might be an unusually long low-loader of a type used for heavy and oversized haulage requirements, such as a transporter for larger boats or power-station turbines and large cranes;
  • taxis;
  • courier fleets;
  • chauffeur driven services vehicles;
  • a family that uses several vehicles for their own purposes;
  • where one or more of your vehicles is sent overseas for extended periods. This typically means outside the EU and particularly to countries or areas that are regarded as high-risk in terms of war or security.

Broadly speaking, such exceptions are rare and the majority of vehicles and operations could be covered by small business fleet insurance.

What’s required?

In practice, you’ll need to do little in order to check whether or not your small fleet is eligible.

Of course, the usual conditions might apply in areas such as some restrictions on drivers with certain types of severe driving conviction and the security of your vehicles when not in use.

However, to get further information, just contact a provider of small business fleet insurance and they’ll advise you as to how to obtain such cover for your smaller fleet.