| |
Newsroom /
Finance
/
Finance
/
Fleet Insurance Reductions and Fuel Management Look Set To Be Crucial Tools For 2011
Fleet Insurance Reductions and Fuel Management Look Set To Be Crucial Tools For 2011
The fleet industry reveals that in 2011 that reducing fleet insurance premiums plus efficient fuel management will be two crucial tools for a successful, cost effective fleet.
Victoria,
London,
United Kingdom
(prbd.net)
16/12/2010
With average retail fuel prices expected to exceed £1.25 per litre before Christmas 2010 according to the recent industry reports, moving forward to 2011 it will be vital to apply a strong fuel management policy. When applied successfully the savings could make or break some fleets over the next year.
The approach is a long term one, and should not involve the hassle of shopping around every week for the cheapest fuel offers. Instead fleet managers are advised to challenge their fuel providers to present sustainable fuel management programmes which will give discounts over the financial year, and not only for the short term. Take this approach, stick to it and it will help your bottom line for 2011.
Another angle on fuel management was revealed in the Pricewaterhouse Cooper Company Car UK 2010 report. The report revealed that 42% of surveyed companies are now encouraging home working. Car sharing, the report also showed, is equally rising in popularity.
Hand in hand with this is another controllable management area - fleet insurance. If you own, or work for a business that has three or more vehicles insured in the company’s name, odds are you could with fleet insurance, or you already are.
Companies who have existing fleet policies are advised to shop around, but to bear in mind a balance between the cost and the cover which is being offered.
Apart from shopping around to make significant savings for the coming financial year, it is advisable to re-evaluate the vehicles and drivers which currently make up the fleet. If the fleet includes high end or sporty cars, you can declare to the insurance provider that you will restrict the driving age for these vehicles.
Additionally examine the age brackets, as licensed drivers over 30 are the bracket which will be more cost effective. The other common age brackets are over 25 and over 21.
Companies who apply an intensive re-evaluation to their fleets find that fleet insurance costs end up with a big saving. This approach can also be applied to families who have sufficient vehicles, who can then avail of family fleet insurance ( http://www.cover4fleetinsurance.co.uk/family-fleet-insurance.html ).
This information for these crucial money saving tools for 2011 comes from Cover 4 Fleet Insurance, which has been in the insurance industry for over six decades and have great relations with important insurers. They are very good at negotiating good rates for fleet insurance and can get beneficial insurance packages for any fleet needs.
With friendly service and expert advice, Cover 4 Fleet Insurance is very competitive when it comes to motor fleet insurance. They have a dedicated team who will work on your behalf to find the best balance between the right cover and a low cost fleet insurance ( http://www.cover4fleetinsurance.co.uk ) policy.
###
About
Cover4Fleet Insurance is part of Alan Blunden Insurance Brokers who has been serving insurance customers for over 60 years. It was set up as a family business and retains old school values in terms of level of customer service yet is very much a 21st century company when it comes to technology.
|