How Much Does Fleet Insurance Cost in the UK?
The average cost of fleet insurance in the UK typically ranges from £500 to £1,200 per vehicle per year, depending on the number of vehicles, driver experience, vehicle type, and claims history. Businesses running higher-risk fleets, such as taxis or HGVs, usually pay more, while low-mileage car fleets often secure lower premiums.
Fleet insurance allows UK businesses to insure multiple vehicles under one convenient policy — helping simplify administration, improve budgeting, and often reduce costs. However, the price varies widely depending on how your fleet operates. Below, we explore what affects the cost of fleet insurance, who it’s for, and how to reduce your premiums.
Who Needs Fleet Insurance?
Fleet insurance is suitable for any UK business that owns or operates two or more vehicles – whether they’re cars, vans, or HGVs. It’s especially useful for companies that rely on transport for daily operations, including:
- Delivery and logistics companies
- Taxi operators and private hire firms
- Tradespeople and mobile service engineers
- Sales teams and company car fleets
- Agricultural, construction, and plant hire businesses
By combining all vehicles under one policy, fleet insurance makes renewals easier, improves budgeting, and often saves money compared with insuring each vehicle individually.
What Determines the Cost of Fleet Insurance?
- Fleet size and vehicle type: Larger fleets may qualify for discounts, but specialist or high-value vehicles (like taxis or HGVs) cost more to insure.
- Driver age and experience: Younger or less experienced drivers increase accident risk and premiums.
- Claims history: A strong claims record helps secure better rates, while frequent or high-value claims drive costs up.
- Vehicle use and mileage: Local fleets or low-mileage vehicles usually pay less than national logistics firms.
- Security measures: GPS tracking, CCTV, and secure overnight storage can reduce premiums.
- Telematics and monitoring: Recording driver behaviour (speed, braking, cornering) rewards safe driving and lowers costs.
Typical Fleet Insurance Costs by Fleet Type
| Fleet Type | Typical Annual Cost per Vehicle | Typical Use Case |
|---|---|---|
| Car Fleet Insurance | £500–£1,200 | Low-mileage company cars or sales fleets |
| Van Fleet Insurance | £700–£1,500 | Couriers and tradespeople with high daily mileage |
| Taxi Fleet Insurance | £1,500–£3,300 | High-risk urban and passenger transport |
| HGV Fleet Insurance | £2,000–£5,000 | National or international haulage with heavy goods vehicles |
Important: Figures above are illustrative for guidance only. Actual prices depend on your risk data, vehicle types, and underwriting assessment. To get an accurate quote, click below to enter your details and speak with a fleet insurance specialist.
Practical Fleet Insurance Cost Examples
Small Local Business Fleet (around 5–8 vehicles): A local service business operating cars or small vans in a limited radius could expect premiums of £550 to £700 per vehicle per year, assuming experienced drivers and secure parking.
Medium-Sized Delivery Fleet (15–25 vehicles): A regional delivery company with mixed driver ages and moderate mileage might pay £700 to £950 per vehicle, with telematics helping to lower risk and claims.
Large National Fleet (40+ vehicles including HGVs): A logistics business with HGVs and long-distance routes could pay £800 to £1,200 per vehicle. Implementing regular training, telematics, and compound storage can significantly reduce premiums.
Any Driver Fleet Insurance
Any driver fleet insurance offers flexibility for companies with multiple employees sharing vehicles. It allows any qualified driver to use any insured vehicle without being individually named. This suits sectors like delivery, logistics, and taxi fleets where drivers may frequently change vehicles. While it’s more expensive than named-driver cover, it saves admin time and ensures business continuity.
- Ideal for larger teams and driver rotation
- Age restrictions (e.g. 25+) can help control premiums
- Optional extras may include breakdown and goods-in-transit
How to Reduce the Cost of Fleet Insurance
- Invest in driver training – Ongoing safety courses lower accident rates and improve claims history.
- Use telematics and dashcams – These tools prove safe driving and protect against false claims.
- Enhance vehicle security – Install trackers, CCTV, and immobilisers to reduce theft risks.
- Raise your voluntary excess – Increasing your excess (if affordable) can reduce your premium.
- Set driver policies – Restrict younger drivers or set a 25+ minimum age limit.
- Compare quotes annually – Prices change; always compare fleet insurance to stay competitive.
- Partner with a specialist broker – They can find tailored options not listed on standard comparison sites.
Fleet Insurance Add-Ons That Can Affect Price
When comparing fleet insurance, it’s important to understand what optional extras are available – and how they can influence the overall cost of your policy. Below are common add-ons and their typical impact on price:
| Add-On | Description | Cost Impact |
|---|---|---|
| Breakdown Cover | Roadside assistance and recovery if a vehicle breaks down. | Medium |
| Windscreen Cover | Repairs and replacements for damaged windscreens. | Low |
| Courtesy Vehicle | Replacement vehicle while yours is repaired. | Medium |
| Legal Expenses | Covers legal fees and uninsured loss recovery. | Low |
| Public/Employers’ Liability | Protection against third-party or employee claims. | High |
| Goods-in-Transit Cover | Insures the value of goods transported. | Medium |
| European Cover | Extends policy to EU driving. | Low |
| Personal Accident Cover | Financial support for driver injuries. | Low–Medium |
How to Get a Fleet Insurance Quote
When requesting fleet insurance quotes, you’ll need to provide key details so brokers can tailor your policy accurately:
- Vehicle registrations, types, and annual mileage
- Driver list with ages, licence types, and claims history
- Business use and operational area
- Storage and security arrangements
- Any risk management processes or telematics used
Once submitted, brokers compare offers from multiple insurers and present you with the most competitive options. Start by requesting your fleet insurance quote here.
Why Compare with MyMoneyComparison.com?
Fleet insurance is a specialist, niche insurance policy that cannot be quoted through traditional comparison websites. Unlike standard car or van insurance, fleet insurance requires tailored underwriting because every fleet is different – from vehicle mix and driver ages to claims experience and business use.
That’s why, in most cases, a qualified insurance broker needs to speak with you directly. Only a broker can assess your unique business setup, understand your risk profile, and arrange a fleet insurance policy that offers the right level of protection.
At MyMoneyComparison.com, we’ve simplified this process. We connect UK businesses with trusted brokers who specialise in fleet insurance – saving you the time and effort of contacting multiple companies.
But we’ve gone one step further. We’ve partnered with Gavello – a new, innovative insurtech platform that’s changing how fleet insurance works. Gavello allows you to receive indicative online quotes for your fleet insurance requirements without needing to speak to a broker until you’re ready to proceed. This gives you more control and transparency – whether you prefer traditional broker quotes or a digital-first approach.
- Fleet insurance is a niche product unavailable on standard comparison sites
- Speak directly with vetted brokers who specialise in fleet policies
- Access exclusive broker-only rates and discounts
- Try our partner, Gavello.co.uk, for instant online indicative fleet insurance quotes
- Deal with only one provider – no multiple sales calls
- Compare and decide at your own pace
Fleet Insurance vs Individual Vehicle Policies
| Factor | Fleet Insurance | Individual Policies |
|---|---|---|
| Cost Efficiency | Cheaper per vehicle | More expensive overall |
| Administration | One policy, one renewal | Multiple renewals and payments |
| Flexibility | Covers mixed vehicles | Each needs its own policy |
| Driver Cover | Named or any driver | Usually single-driver only |
| Scalability | Easily add/remove vehicles | Requires new policy setup |
Frequently Asked Questions
What’s the minimum number of vehicles for fleet insurance?
Most insurers offer fleet insurance for two or more vehicles (often called “mini fleet”). Larger fleets may qualify for better rates due to bulk discounts and improved risk data.
Can I mix different vehicle types under one policy?
Yes. You can insure cars, vans, HGVs, taxis, and specialist vehicles under a single mixed fleet policy. Premiums are based on the overall risk profile.
How many drivers can be covered on a fleet policy?
There’s no fixed limit. You can cover all authorised employees under either a named-driver or an any-driver basis, subject to the insurer’s terms.
What is “Any Driver” fleet insurance?
It allows any qualified employee to drive vehicles on the policy. It’s flexible but usually more expensive than named-driver; some insurers apply a 25+ age limit.
Can younger drivers be added?
Yes, but drivers under 25 are at a higher risk and may increase premiums. Many firms set a 25+ rule or restrict younger drivers to lower-powered vehicles.
Can I add or remove vehicles mid-term?
Absolutely. Fleet insurance is designed for flexibility — add or remove vehicles as your needs change, and your premium will be adjusted.
Does fleet insurance cover leased or hired vehicles?
Yes. Leased or long-term hire vehicles can be included on your schedule; always supply lease details to your insurer or broker.
Does fleet insurance include breakdown cover?
Sometimes as standard, often as an add-on. Choose national or European assistance depending on where you operate.
Can I earn a no-claims discount on fleet insurance?
Fleets use a claims experience record rather than a personal NCB. A clean 3–5 year history leads to stronger renewal terms.
What information is needed to get a quote?
Vehicle list (regs, types, mileage), driver details (ages, licences, history), claims record (3–5 years), operating area, and storage/security details.
Can I get fleet insurance if my business is new?
Yes. Expect slightly higher premiums initially. Strong risk management and telematics help build a favourable record quickly.
Does fleet insurance allow personal use?
Limited personal use can be allowed (often for directors). Always check your policy wording to avoid breaches.
How long does it take to arrange fleet insurance?
Simple risks can be placed the same day once details are provided; complex or large fleets may take 24–48 hours.
Which businesses benefit most from fleet insurance?
Couriers, logistics firms, taxi operators, sales teams, trades, and any operation running multiple vehicles typically save time and money with a fleet policy.
Final Thoughts
Fleet insurance is a smart, flexible way to manage vehicle protection for UK businesses. Whether you run two vehicles or 200, a well-structured policy saves money and simplifies administration.
To secure the best value, review your cover regularly, maintain good risk practices, and compare fleet insurance quotes with trusted brokers through MyMoneyComparison.com – or explore our digital partner, Gavello.co.uk, for instant online fleet insurance options.
Get a Quote Now for Your Fleet Insurance
Find competitive rates and tailored protection for your business vehicles today.
Last Updated | 6th November 2025
Page updated and reviewed by Sarah Hampton – Insurance specialist
