Operating a Self Drive Hire fleet presents one of the most significant risks to insurers of all types of fleet insurance policies. As a result, very few insurers wish to participate in the market place and those that do, are extremely selective as to which operators they will insure focusing on those in rural locations with significant experience.
M&P Insurance Solutions have been advising operators of Self Drive Hire fleets for over twenty years and as such, understand exactly what it takes to make a fleet perform well. Our insurer partners recognise our expertise thus making us one of the few brokers in the UK with such a broad insurer panel for this class.
Some of the features that we are able to offer to our clients include:
Working with M&P Insurance we have experienced monthly meetings with our Account Manager to discuss all claims giving us the opportunity to influence how claims against us are handled. Additionally, we receive much better guidance on our non-fault claims ensuring that we can present costs in a timelier manner to any third party. This has resulted in reduced claims against us and better cash flow from amounts recovered for non-fault incidents. Overall, a good solid service.
Director, Goodwin Lee Investments Ltd
Fleet Testimonial 2
Management of risk in the Self Drive Hire Industry comes in many forms. At M&P Insurance Solutions we believe the key to effective risk management is for our clients to have a comprehensive understanding of the risks that their business is exposed to. This knowledge can come in the form of advice on business processes, it may be us utilising our network of affiliates or simply reviewing the claims your business has been subject to. We are an affiliate member of the BVRLA and we work closely with them to foresee events that may affect the rental market and impart this knowledge on our clients. Above everything, we care. We install ourselves in your business and we go beyond selling paper.
The minimum number of vehicles that can insured on a fleet policy is three vehicles. There is no maximum and we currently look after clients with fleets greater than 1000 vehicles.
This is dependant on the insurer but our team will point out to you when this cover is included as standard. If it is not included as standard we can provide you with a standalone Legal Expenses policy tailored to suit your fleet.
Again, each policy varies dependant on who underwrites the insurance however this will usually be specified on your schedule. Should you have any questions please call us on 08450 750 773. At M&P Insurance Solutions we have access to many Motor Trade Insurance products should your fleet policy not cover this risk.
Each policy is different so it is essential that you check your policy to understand the terms that are applicable to your policy and if you have any questions please call us on 08450 750 773. For more information on the minimum and deposit clause please see our Glossary of Insurance terms.