Mass car insurance is the term given to a clients insurance policy that has multiple vehicles included for cover.
Whereas multiple car insurance cover two or three vehicles, mainly for households and people with more than one car; mass car insurance is designed for a group of vehicles where four or more vehicles need to be covered. This is usually aimed at businesses where vehicles play a major role in the day to day running their work.
Most insurance companies that offer mass car insurance have policies that cover all types of vehicles, whether they are commercial type vehicles such as vans and trucks or domestic vehicles like cars. Policies range in level of cover as per a standard car policy, however more bespoke options are available from insurers specialising in mass car insurance policies. For example a particular insurer may offer a lower premium rate for a building firm that only has trucks requiring cover. This in effect is bulk ordering from a client and therefore the larger scale business rewards the client with lower premiums and a uniform repayment date for al vehicles, which is easier to maintain for the client.
This type of insurance is often referred to as ‘fleet insurance’ whereby insuring a group of vehicles together maintains a lower premium per vehicle compared to insuring all vehicles separately under their own individual policy.
Even though most insurance companies off mass car insurance, some limit the type or number of vehicle. It is therefore important to ascertain what each insurer offers in the way of fleet insurance to ensure it is specific to your needs. For example, your business uses vans, coaches and cars, do all type of vehicle qualify under the mass insurance policy? Is there a further discount for ten vehicles over the existing eight?
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