Car fleet insurance for business & company cars
Car fleet insurance from a panel of trusted UK insurers
A new way to insure your car fleet
For businesses managing multiple cars, whether a small sales team or a large company car scheme, individual policies for each vehicle create unnecessary complexity, multiple renewal dates, and significantly more administration than a single fleet arrangement.
Car fleet insurance consolidates all your vehicles under one policy, simplifying your insurance and often reducing the cost per vehicle compared to insuring each one separately.
At insurd, we’re an FCA-regulated specialist insurance broker with over 50 years of experience arranging insurance for car fleets across the UK. We work with a panel of leading UK insurers to find the right policy for your fleet — whether you run two cars or two hundred.
24/7 claims service
We’re here for you round the clock when you need us most.
Fairer prices for all
As a specialist insurance broker, we search our panel of leading UK insurers to find the right fleet policy for your car fleet
World-class support
You’ll get your own UK-based human to look after you for the duration of your policy.
We use a combination of technology and a wealth of experience to give you unrivalled cover and more affordable car fleet insurance prices. Get a fleet insurance quote today.
What does car fleet insurance cover?
Third party only — The legal minimum for any vehicle operating on UK roads. Covers injury or damage caused to third parties by your drivers but does not protect your own vehicles.
Third party, fire and theft — Extends basic cover to include damage to your vehicles caused by fire or theft. A practical option for lower-value fleets where the additional cost of comprehensive cover outweighs the benefit.
Comprehensive — The highest level of cover and strongly recommended for business car fleets. Covers accidental damage to your vehicles, third-party claims, fire, and theft — keeping your fleet operational and your employees mobile when incidents occur.
Business use cover — All vehicles on a car fleet policy must be covered for the appropriate use type. Company cars used for client visits, site travel, or commuting between multiple locations require business use cover as a minimum. Social-only cover is not sufficient for any commercial use of a vehicle.
Personal use — Many car fleet policies can extend to include personal use for named drivers, allowing employees to use company cars outside of working hours. This must be confirmed when arranging your policy — using a company car for personal trips without this cover could invalidate a claim.
What is car fleet insurance?
Car fleet insurance is a single policy that covers two or more cars under one arrangement. For businesses that provide company cars to employees, sales teams, field-based staff, executives, or any role requiring regular travel, fleet insurance is significantly more efficient than managing individual policies for each vehicle.
To qualify, factors including fleet size, vehicle usage, and driver details are all considered. Read our guide on fleet insurance requirements for a full breakdown of what’s required.
A key consideration for car fleets is whether employees are permitted to use vehicles for personal use. If so, this must be declared and confirmed on the policy. Undeclared personal use could invalidate a claim, leaving both the employee and the business exposed.
For car fleets with multiple drivers, you have two options:
Any driver policy — Any approved driver can operate any vehicle in your fleet. Ideal for businesses where cars aren’t assigned to specific individuals, or where vehicles are shared between departments or locations. Any driver policies typically carry a higher premium to reflect the broader risk exposure.
Named driver policy — Specific drivers are assigned to specific vehicles. Usually more cost-effective, particularly for businesses where each employee consistently uses the same car. Allows you to build a claims record against individual drivers over time, which can help manage costs at renewal.
Why manage your car fleet insurance with us?
Fleet performance insights
Gain access to tools that help you monitor driver behaviour and assess risks, reducing the chances of accidents and helping lower your premiums.
Online policy management
Manage your cars and drivers 24/7 with ease. Benefit from instant cover options and a rapid claims process to keep your fleet operational.
Dedicated support
A personal account manager will assist you in tracking incidents, handling claims, and minimising risks to ensure smooth operations.
Reduced administration
Consolidate all your cars under one policy. Enjoy the convenience of a single renewal date and a dedicated point of contact for all your insurance needs.
* Subject to your chosen level of policy cover and the prevailing policy excess.
How much does car fleet insurance cost?
Several factors can influence the cost of a car fleet insurance policy:
Type of cover
Third party only, third party fire and theft, and comprehensive are the three available levels. For company car fleets, comprehensive is recommended to keep employees mobile following an incident.
Size of the fleet
Larger car fleets typically attract a lower premium per vehicle. The cost and administrative advantages of fleet insurance grow as the number of vehicles increases.
Type of vehicle
The make, model, value, and engine size of your vehicles all affect your premium. High-value executive cars and performance vehicles cost significantly more to insure than standard fleet cars.
Driver details
Age, experience, and driving records of your named drivers are key cost factors. Younger drivers and those with claims or convictions will increase your fleet premium.
Claims history
Your fleet’s claims record directly influences your renewal premium. A strong history attracts meaningful discounts; frequent or high-value claims will push costs up at renewal.
Security and storage
Where your vehicles are kept overnight and the security measures in place affect your premium. Cars stored in secured car parks or compounds with immobilisers and trackers attract lower rates than those left on public roads.
How to reduce your car fleet insurance premium
Beyond the factors above, several practical steps can meaningfully reduce your car fleet insurance costs.
- Introduce a driver assessment programme — Regular driving assessments identify high-risk behaviours before they become claims. Many insurers will directly discount your premium for evidenced driver assessment activity.
- Install telematics — Fleet telematics data monitors driver behaviour and provides objective evidence of responsible driving, supporting lower premiums at renewal.
- Set a minimum driver age — Restricting company car use to drivers over 25 significantly reduces your risk profile and your premium compared to policies with no age restriction.
- Review your fleet composition at renewal — Higher-value or higher-powered vehicles cost more to insure. Reviewing whether your fleet mix reflects your actual business needs can identify savings without affecting operations.
- Restrict personal use where not needed — If employees don’t genuinely need personal use cover, removing it reduces your risk exposure and your premium.
- Manage claims actively — Reporting incidents promptly and controlling repair costs protects your fleet’s claims history — your most valuable long-term cost reduction asset.
Car fleet insurance frequently asked questions
What is car fleet insurance and why do I need it?
Car fleet insurance covers multiple vehicles under a single policy, making it simpler and usually more cost-effective than insuring each vehicle separately. It gives you one renewal date, one point of contact, and one set of documents — saving you significant time and administration. If your business relies on vehicles, fleet insurance is an essential protection.
How many vehicles do I need for car fleet insurance?
Car fleet insurance is available for businesses with two or more vehicles, and there's no upper limit on fleet size. Whether you have two vehicles or two hundred, we can arrange a policy to suit you.
Can employees use fleet cars for personal use?
This depends on your policy — some car fleet policies include social use for named drivers, while others restrict cover to business use only. If you want employees to be able to use fleet cars outside of work hours, make sure this is confirmed with our team when arranging your policy.
Does car fleet insurance cover hire cars or temporary replacement vehicles?
Courtesy or hire cars aren't automatically included in a fleet policy but can usually be arranged as an optional extra. If keeping your employees mobile in the event of an accident or breakdown is important to your business, it's worth adding when you get your quote.
Can I include electric or hybrid vehicles on a car fleet policy?
Yes — electric and hybrid vehicles can be included on a car fleet policy. Premiums may vary depending on the make, model, and value of the vehicles. If you're transitioning your fleet to electric vehicles, our team can advise on the right cover as your fleet evolves.
What's the difference between any driver and named driver fleet cover?
With an any driver policy, any driver can operate any vehicle in your fleet — offering maximum flexibility but usually at a higher premium. A named driver policy assigns specific drivers to specific vehicles, which is typically more cost-effective, particularly for smaller fleets where drivers consistently use the same vehicles. Our team can help you decide which suits your business best.
Who actually underwrites my policy?
We're a broker, which means we arrange cover on your behalf with a handpicked panel of trusted insurers. You'll see exactly who's underwriting your policy before you commit to buying.
Why can I trust insurd?
We've been arranging insurance for over 50 years — now trading as insurd — and we're authorised and regulated by the Financial Conduct Authority (Firm Register Number: 308508), and over a thousand real customers have shared their experiences with us on Trustpilot.
You can verify our status directly on the FCA register.
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