Cheaper Commercial Vehicle Insurance for Small Businesses

white van manSmall businesses form the backbone of the country’s economy employing more than 25 million people with a combined turnover of over £1.2 trillion. Having weathered the worst of the financial crisis SMEs are beginning to see the first shoots of economic recovery. However, every penny still counts and business owners will be happy to hear that commercial vehicle insurance costs are falling.

Figures released by the British Insurance Broker’s Association (BIBA) show that small businesses have seen vehicle premiums fall by a record 10% in the first quarter of 2015. It’s the biggest drop in five years and means that the cost of combined commercial insurance has also come down by 6%.

Increased competition between providers and a crackdown on uninsured drivers has driven down premiums and specialist brokers are helping to further cut costs. It’s great news for small businesses across the board; from self-employed van drivers to SMEs with a fleet of commercial vehicles to insure.

Insurance can be complicated and small businesses can have a tough time finding sensibly priced cover. Computer algorithms are great at comparing simple products, but when it comes to commercial insurance it’s hard to beat the human touch.

At Quoteline Direct we know the marketplace inside-out and can tailor a quote to fit your exact business needs. By comparing products from our panel of carefully chosen providers we can make sure you get the cover you want without wasting a single penny.

In fact, we can even suggest ways you could further cut the cost of cover; from improving security and tracking to sign-writing and fitting racking. To find out more about how we can help with your small business and commercial vehicle needs visit Quoteline Direct  or Tel: 0161 874 8011 to speak with a member of our team.

At Quoteline Direct we’ve been driving down insurance costs for more than 45 years

 


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