Commercial motor insurance safeguards businesses against financial losses arising from unforeseen vehicle-related incidents. SHC Insurance Brokers is increasingly the builders' and developers' partner of choice for commercial solutions, including motor insurance for multiple vehicles within their fleets.
About commercial motor fleet insurance
Commercial motor insurance protects the company’s vehicles against accidental damage and theft of their own vehicles and damage to third-party vehicles and property (commercial vehicle insurance covers up to ten vehicles, and fleet insurance covers more than ten vehicles).
By insuring multiple vehicles through business car insurance, these policies negate insuring each vehicle individually, which saves a significant amount of time on administration and helps lower the overall premium costs of vehicle insurance.
What a commercial motor fleet insurance policy covers
Commercial motor insurance covers a range of different vehicle types and fleet sizes for comprehensive insurance, fire, theft and third-party property damage and third-party property damage.
Type of cover
Potential benefits
Cover to repair or replace your vehicle if it’s damaged or stolen.
Cover for the cost of a rental car for up to 14 days, if your car is stolen.
Cover to pay for damage you cause to another person’s vehicle.
For financed cars, cover for 50% of the difference of the finance gap between the insured value and the vehicle’s contract residual value following a total loss.
A replacement of the same make and model if your new vehicle is written off within three years and has less than the specified number of kilometers.
An automatic 21 days cover on replacement vehicles.
Choice of your own repairer or one from our preferred repairer panel.
Up to $30 million of legal liability cover.
Repair guarantee for materials and workmanship on authorised repairs.
The option to include one excess free windscreen claim per year.
Re-keying and re-coding of vehicle keys if they are stolen.
The option to include hire car cover following an accident.
Who should consider commercial motor fleet insurance?
Commercial motor insurance is recommended for builders and developers with company vehicles of all types.
Get covered with confidence
Get in touch with a commercial vehicle insurance specialist today.
