Policy snapshot
A consolidated insurance solution for businesses operating multiple vehicles under a single fleet arrangement.
What is Fleet Vehicle Insurance?
Fleet Vehicle Insurance allows businesses to insure multiple vehicles under one policy or master arrangement, simplifying administration and potentially optimising premium cost.
What can it cover?
- Third party liability for each vehicle in the fleet
- Own damage cover for listed vehicles
- Theft or total loss of any fleet vehicle
- Fire and accident cover
- Coverage for both goods carrying and passenger carrying fleet vehicles as per policy
Who should consider it?
- Companies with multiple cars, vans or delivery vehicles
- Logistics and transport operators
- Large taxi or staff bus fleets
Key features to understand
- Single policy administration for multiple vehicles
- Easier renewals and tracking
- Scope for customised coverage and negotiated pricing
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.