Tips For Finding And Choosing Commercial Vehicle Insurance Providers

If you run a business in the United Kingdom, and you have at least one vehicle that is driven for business purposes, then you probably need commercial vehicle insurance. Finding commercial vehicle insurance providers is easy because all you do is go online to find companies. Once you start finding insurance providers, you'll want to consider the below. After that, then you can choose which company to insure your commercial vehicles with.

Maximum Coverage

When comparing commercial vehicle insurance providers, find out what is the maximum coverage they offer on their policies. Many companies have a cap on the amount of coverage, while some companies don't have a cap at all. Generally speaking, the higher the maximum coverage, the better.

As for what the max should be, this all depends on the nature of your business. If your business is considered high risk for accidents, such as you transport fragile items regularly, and you have dozens of vehicles, then you will want to choose an insurer that has a higher maximum coverage amount. Different policies have different maximum coverage amounts.

Types Of Vehicles Covered

What types of vehicles does the company cover? Not all companies cover the same vehicles, regardless if they are mainly used for business purposes. For example, some companies will only cover vans and large size box trucks. Other insurers will cover any type of vehicle, including passenger vehicles and foreign vehicles.

In general, all commercial vehicles should be covered. Even if you only have a specific type of vehicle right now, that may change at some point in the future. Choose a company that insures all kinds of commercial vehicles.

Motor Fleet Coverage

Motor fleet coverage is exactly what it sounds like. It refers to insurance that covers a fleet of vehicles. If your company relies on multiple vehicles during your regular course of business, then you have a fleet of vehicles. Many insurers have policies specifically for motor fleet vehicles.

If you need motor fleet vehicle coverage, then compare the policies the providers offer. Find out what is covered and if there are certain vehicles that are not allowed to be covered. The more research you conduct on a commercial vehicle insurance provider's motor fleet insurance policies, the better off you'll be.

What Exactly Does The Policy Cover

One of the most important things you'll want to consider before choosing a commercial vehicle insurance provider is what a policy covers. It's a dead given that collision will be part of the policy, but are there other things that are covered? For example, will your tools and other work equipment be covered if they are damaged in an accident?

Is theft covered too? How about vandalism and things of that nature? The best providers cover an array of things, so make sure you fully know what a policy covers before you buy it.

Filing Claims

Filing claims is something no business owner wants to do because the entire process can be confusing. This is why you want to choose a commercial vehicle insurance provider that makes the claims process as easy as possible. Ask them what's involved with the process and if they make it sound easy, the chances are that it is easy.

Also, companies often have a 24/7 claim hotline. This means you can call the hotline to file your claim. It doesn't matter what time of the day or night it is, or what the actual day is, you'll be able to file a claim via the phone.


How much does the insurance policies cost? Are there upfront fees you have to pay and what are the deductibles like? Price isn't everything, but nonetheless you need to find out what the price of the policy is and you don't want to be hit with surprised surcharges that you had no clue about. Always read over the terms of the policy before you buy it from the provider you're researching.


How about extras? These days many commercial vehicle insurance providers are offering extras. This is because they know the industry is competitive and they want to do what they can to generate business.

For example, some companies will provide your business with rental cars in the event that your own business vehicles were damaged in an accident. Some companies will have free towing in the event your company's vehicles breakdown while on the road. These are only a few examples of the extras that an insurance provider will offer to their business clients.

Read Reviews

Another thing you'll want to do when researching commercial vehicle insurance providers is read reviews. Check out testimonials on their websites, but also check out third-part sites that have verified their reviews. Find out what past and current customers are saying about the providers you're researching. You'll learn a lot by looking at reviews.

The bottom line is the more reviews you read about a commercial vehicle insurance provider, the more informed you'll be. Always take the time to read as many reviews as possible. This is how you'll get an idea of what type of insurer you'll be dealing with.

When it comes to commercial vehicle insurance providers, not all companies are created equal. By reading reviews and comparing companies, you'll have a better chance of finding the best commercial vehicle insurance company. All you have to do now is start comparing providers and choose the one that will provide you with the best coverage.