If you own a fleet of private hire vehicles then insurance should be at the top of the agenda. Every vehicle on public roads needs to be adequately insured and as a business owner it’s your responsibility to ensure that, and failing to do so could put you at risk of criminal proceedings as well as putting your livelihood on the line. But, insuring each vehicle individually isn’t going to be the best solution so it’s important to look for alternatives, and if you want complete peace of mind then private hire fleet insurance should be the only option.
Fleet insurance has been specifically designed for individuals that own a large number of vehicles, with private hire firms being prime candidates. In this arrangement it’s possible for every single vehicle in your company to be insured under one policy, so rather than having numerous insurance documents and renewal dates flying around you’ve only got a single one to think about. This can be a huge time saver and can also reduce the amount of anxiety that can be associated with insurance—there’s no need to worry that you’ve missed renewal dates for individual vehicles, because with this method everything is under control.
You can also be safe in the knowledge that you’re keeping costs down, and in the current climate that can be a huge weight off your mind. Fleet insurance will be far cheaper than if each vehicle had an individual policy so you can look forward to hefty discounts, and if you do your research and compare a few options you could end up saving even more. As long as you make sure to regularly update the insurance firm should your circumstances or the number of vehicles you own change you can be confident that you’re fully prepared for every eventuality. Private hire fleet insurance can give you the peace of mind you need that your business is operating safely and legally whilst making sure you’re keeping costs down, so make sure to consider this type of insurance and you can concentrate on the most important thing—running a successful business.