This policy is gaining popularity among families with more than one car, or even individuals with a collection of more than one car. It has a provision for insuring several cars under one policy, with most insurance companies setting out a minimum of between two and four cars. This happens to be a competitive way of providing cover for your vehicles as opposed to buying a separate policy for each one of them.
One of the alluring things about the family fleet policy is that insurance renewal is reduced to a onetime event in a year. You do not have to remember several dates when separate insurance policies end and queue on several dates for individual insurance policies for each car owned. With one renewal, you are safe to use all vehicles covered by the scheme, until the said scheme expires.
Family cars and individuals with many cars are not the only beneficiaries of the family fleet insurance scheme. Several business owners also subscribed to this service, as it is not only time efficient but also reduces the paperwork involved.
Features of family fleet car insurance
This policy, like the vast majority of other motor insurance policies, is often divided into three broad categories, comprehensive cover, third party fire and theft policy and the third party only insurance. However, some of the features that cut across the divide in all three types of car insurance policy include:
- Motor legal protection
- Breakdown cover
- Driver cover for drivers aged 17-80
- Windscreen cover
- Car protection equipment cover (including satellite navigation systems, car phones and car tracking devices)
- Wide vehicle acceptance (ranging from motorcycles to large trucks)
- Protected No Claims Bonuses
One thing to note is that many insurance companies customize the cover according to your requirements. Every company’s policy has an aspect of uniqueness hence to get tailor made solutions, visit an insurance broker near you.