Private v Business use Under a Fleet Motor
In such cases, the business owner where they have more than one car to insure to decide, or their broker decides for them, that a fleet motor policy may be the way to go.
There is a potential trap with some fleet policies where if the vehicle is not registered for business use they deny liability at the time of the claim. What I am not sure of is whether these insurers ask the question at the time the insurance is taken out.
While it has been more years than I care to remember why an insurer would differentiate between private vehicles and business vehicles under a fleet policy but clearly in discussions with several insurance brokers some do.
I raise this as I would hate any client or broker to be caught by such an exclusion.
I did check with LMI’s own fleet motor insurer, Zurich, in case we had an issue ourselves and received written confirmation that it is not an issue with them. I say this to save any reader from writing to them and to save them from a heap of unnecessary enquiries.