What is Fleet Insurance?
Fleet insurance is a type of commercial motor insurance specially designed for businesses to cover multiple vehicles at a fleet discount under a single policy. It is typically available for fleets of 10 vehicles or more, such as private hire insurance, company cars or vans. Instead of paying for individual insurance policies, you can enjoy one consolidated plan with a competitive bulk rate.
At eazy Insurance, we provide fleet insurance for a wide range of vehicles including:
- Private Hire Vehicles (PHVs)
- Company Cars
- Delivery Vans & Motorcycles
- Rental & Leasing Fleets
Contact us for policy quotation, comparison and unbiased advice now!
Benefits of Fleet Insurance
Who Needs Fleet Insurance in Singapore?
Factors That Affect Fleet Insurance Premiums
Fleet Insurance vs Individual Motor Insurance Policies
Who Needs Fleet Insurance in Singapore?
Private Hire Operators with Leased Cars
Logistics Companies
Businesses with Company Cars
Rental & Leasing Companies
Fleet Insurance vs Individual Motor Insurance Policies
Fleet Insurance
- One policy for all vehicles
- Lower cost through bulk discounts
- Single renewal date fro the whole fleet
- Flexible vehicle additions
Individual Policies
- Separate policy for each vehicle
- Standard rates for each individual policy
- Different renewal dates to track
- New policy required for every added vehicle
Frequently Asked Questions
About Fleet Insurance In Singapore
- Fleet insurance offers bulk pricing which means you are paying a lower average premium per vehicle compared to buying separate policies for each vehicle.
- Fleet insurance is designed mainly for business use. If you have 10 or more vehicles for personal use, speak with us to see if fleet insurance is suitable for your situation.
- Yes. Fleet insurance policies usually cover authorised drivers for the insured vehicles. You can also add named drivers for additional coverage benefits.
- Yes, the advantage of fleet insurance is flexibility. You can add new or remove old vehicles during the coverage period, with your premium adjusted accordingly.
- Fleet insurance is cheaper, easier to manage and more flexible. One policy, one renewal date and one point of contact make it ideal for businesses of all sizes.
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