Motor fleet insurance quotes from licensed Australian brokers

How fleet cover works

Instead of pricing each vehicle in isolation, the insurer looks at the fleet as a whole: the mix of vehicle types, how far they travel, who drives them and what the account has cost in claims over the past few years. Vehicles can usually be added and removed during the period with an adjustment at the end, which suits a business whose vehicle numbers move around.

• One policy and one renewal covering all nominated vehicles
• Rating based on your own claims experience over several years
• Vehicles added or removed mid term with an adjustment at expiry
• A single excess structure rather than one per policy
• Unnamed driver cover on most wordings, subject to conditions
• Options for windscreen, hire vehicle and towing across the fleet

When a fleet policy makes sense

Insurers generally start considering fleet terms from around ten vehicles, though some will look at fewer and the threshold moves with the type of vehicle. Below that, individual commercial motor policies are often simpler and cheaper. The tipping point is usually administrative as much as financial. If you are spending real time tracking renewals, or if your claims record is better than the standard rate assumes, fleet is worth quoting.

Claims experience drives the price

This is the part that separates fleet from ordinary motor insurance. Underwriters will ask for several years of claims history, usually three to five, showing both the number of claims and what they cost. A fleet with frequent small claims can price worse than one with a single large loss, because frequency suggests something about how the vehicles are being driven. Businesses that invest in driver training, telematics or clear vehicle policies often see that reflected at renewal.

What underwriters want to know

Expect questions about the vehicle schedule and values, the radius of operation, whether vehicles are garaged or parked on site, whether drivers take vehicles home, and what checks you do on driver licences. If any vehicles carry goods for hire or reward, or operate outside normal business hours, say so. Accurate disclosure at the start avoids arguments later, and it usually helps the price rather than hurting it.