Are you part of a family with a car, a truck, and a minivan? Big families often have more than one vehicle that needs to be insured. It can get very expensive, not to mention frustrating, trying to figure out the paperwork and policies for each separate car that your family owns. Fortunately there is often an alternative to buying an insurance policy for each vehicle. So-called “family fleet” insurance policies cover all the vehicles for your household under one umbrella policy.
Just as buying groceries in bulk will save you money on food, buying insurance policies this way saves you money on premiums. A family fleet insurance policy is useful when each member of the family has their own car. It’s also great if you have a small business with a number of different work vehicles, such as trucks or vans. Just as with typical automotive insurance policies, there are a number of different types of family fleet insurance policies that vary in coverage. There are also additional extensions that you can add to your policy, such as legal expense insurance and windscreen coverage. The important thing to remember when applying for a family fleet insurance policy is to be honest about the usage of your vehicles.