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A Story About Fleet Insurance

Author: Timothy Simons Grimshaw  //  Category: auto insurance tips

I own an electrical contracting business and have eight Vauxhall Corsa vans insured under a fleet policy. I have been with my broker since I started the business 3 years ago. About five months ago business was booming and so I decided to take on two new freelance electricians. I bought two new Vauxhall Corsa vans for them bringing the total fleet to eight vehicles. I added the two new vehicles to the fleet policy bringing the total to eight.

About two months ago business started to slow and reluctantly I couldn’t afford to keep on my two new freelancers, so I had to reduce their work. This left me stranded with two vehicles that I didn’t really want to get rid of as I could foresee business picking up again.

I didn’t particularly want to insure the two vans, as they were just sitting, unused, in a friend’s lockup, so I spoke to my insurance broker, and asked him to remove them from the policy. He then explained about a new continuous insurance enforcement law. The law is aimed to combat the rising problem of uninsured drivers.

My broker explained to me that if I didn’t insure my vehicles or declare them ‘off the road’ or ‘SORN’, then I would be committing a criminal offence which would have consequences. The government use CIE systems to cross analyse the DVLA database with the Motor Insurance Database (MID), the information from which means they can then contact drivers who haven’t been insuring their vehicles. If insurance is not purchased, the driver will face a fixed fine of 100, and could face anything as serious as a court prosecution and a fine of 1000, as well as the possibility of the vehicle being clamped, seized and destroyed.

After my broker gave me this advice, I made the decision to keep my vans insured as a fine and prosecution would end up costing me a lot more. The advice I was given by my broker was very useful, and information, and saved me from unintentionally breaking the law.

I would advise all businesses to speak to a local broker, the advice you get can be invaluable and they also work hard to ensure you have the most competitive price. Don’t get caught out by insurance seek advice from a professional.

If you are looking for fleet insurance for your family or your business, then you should contact coversure. They are an independent insurance broker with a great reputation and so they can get you the best deal around. van insurance. This article, A Story About Fleet Insurance has free reprint rights.

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