Self drive hire fleet insurance
The unique nature of the self-drive hire industry means it’s vital you’ve got an insurance policy that can meet those precise requirements. A one-size-fits-all solution will rarely be appropriate as there are plenty of different factors that will go into your final decision, and it’s important to be prepared if you want to find the self drive hire fleet insurance policy to suit.
This type of policy has been specifically developed to accommodate the unusual requirements of this industry, namely that a lot of different people will be driving each vehicle over the years. You’d need to tell your insurer the number and type of vehicles owned by the business and would get a policy accordingly, but that policy will often come with restrictions in terms of who can and can’t hire your vehicles. Eligibility criteria will normally be based on age (usually between the ages of 21 and 70), number of years holding a licence and their driving record, and further limitations could apply for particularly high-value or high-performance vehicles.
But, as well as annual policies there’s also the option of temporary cover, which would be ideal for exceptionally large operators where a lot of vehicles are “off hire” at any one time. This can keep costs down as there’s no need to insure each vehicle for hire all year round, and in many cases a daily or monthly rate would be more than sufficient (although bear in mind that you’ll still need to arrange off hire cover, which would normally come in the form of an annual policy).
The type of policy that’s right for you will depend entirely on your individual circumstances, and it’s vital you’re able to find an insurer that can accommodate. Research is essential and you’ll want to compare several different options to make sure you’re getting a policy that meets your needs and your budget, and if you make sure to seek a firm that can tailor their policy you can’t go wrong. By spending the time to look you can have a self drive hire fleet insurance policy that totally meets your needs, and if you want to keep things simple just get in touch and you could soon find the policy to suit.