Do you own several professional vehicles? Find out how many vehicles make a fleet contract worthwhile and why it can simplify your business management.
When a company starts to develop its vehicle fleet, a question quickly arises:
Should each vehicle continue to be insured separately or should we switch to fleet insurance?
Contrary to popular belief, there is no number of vehicles set by law. Each insurance company applies its own criteria. However, many insurers now accept fleet contracts starting from 3 to 5 vehicles.
But the real challenge is not just knowing how many vehicles it takes to subscribe…
👉 It's mainly about determining when it actually becomes advantageous.
What is motor fleet insurance?
Fleet insurance allows several professional vehicles to be grouped under a single insurance contract.
Instead of managing several distinct contracts, the company benefits from:
- a single insurance policy;
- a single annual renewal date;
- simplified administrative management;
- global monitoring of the vehicle fleet.
This solution concerns:
- artisans;
- traders;
- SMEs;
- transport companies;
- construction companies;
- service companies;
- VTC or TAXI fleet operators.
How many vehicles are required to subscribe?
There is no legal rule imposing a minimum.
In practice:
- some insurers accept fleet contracts with as few as 3 vehicles;
- many offer them from 4 or 5 vehicles.
👉 The threshold therefore depends on the commercial policy of each company.
From how many vehicles does it become truly cost-effective?
The access threshold is not necessarily the profitability threshold.
In many cases, the fleet contract starts to become truly interesting from the third or fourth vehicle, especially when the company wants to simplify administrative management and benefit from global negotiation.
The main gains often come from:
- risk pooling;
- simplification of procedures;
- better price negotiation;
- more flexible management of vehicle entries and exits.
The main advantages of fleet insurance
A single renewal date
No more managing multiple renewal dates.
All vehicles are grouped into a single contract.
Simplified management
When a vehicle is:
- purchased;
- sold;
- replaced;
a simple endorsement is usually sufficient.
This avoids multiplying individual subscriptions and cancellations.
Better visibility
With a fleet contract, the company often benefits from:
- a single point of contact;
- a global view of guarantees;
- simpler premium tracking.
More interesting negotiation
The larger the vehicle fleet, the greater the negotiation possibilities.
Depending on profiles and claims history, some companies obtain more advantageous pricing conditions than with several individual contracts.
How is the premium calculated?
Unlike classic insurance, several criteria are examined.
Among them:
- the number of vehicles;
- their value;
- their age;
- their use;
- the business sector;
- the mileage;
- authorized drivers;
- the overall claims history of the fleet.
The quality of fleet management can therefore have a significant impact on the final cost.
What vehicles can be included in a fleet?
Depending on the companies, a fleet contract can group:
- private cars;
- company vehicles;
- vans;
- trucks;
- heavy goods vehicles;
- professional two-wheelers;
- electric vehicles;
- hybrid vehicles.
Some companies also offer solutions adapted to mixed fleets.
Is a fleet advantageous for VTC companies?
Yes, in many situations.
A company operating several VTC vehicles can benefit from:
- simplified management;
- a single contract;
- more efficient vehicle tracking;
- better scalability as the fleet grows.
The chosen contract will however depend on the number of vehicles, their use, and the specific criteria of each insurer.
Guarantees not to overlook
The price should never be the sole criterion.
It is important to study:
- civil liability;
- damage guarantees;
- theft;
- fire;
- glass breakage;
- assistance;
- driver protection;
- deductibles.
Depending on your activity, complementary guarantees may also be relevant.
Mistakes to avoid
❌ Waiting to have a large number of vehicles before considering fleet insurance.
❌ Comparing only the price.
❌ Neglecting deductibles.
❌ Forgetting the proposed management services.
❌ Choosing a contract that cannot evolve with your company.
Why use a broker?
Not all companies accept fleets starting from the same number of vehicles.
Some are more competitive for:
- artisans;
- liberal professions;
- construction companies;
- commercial companies;
- VTC fleets;
- utility vehicles.
A broker can compare several insurers to find the solution best suited to your activity and your vehicle fleet.
Have your fleet studied with KT ASSURANCE
At KT ASSURANCE, we support companies in implementing insurance solutions adapted to their vehicle fleet.
We notably analyze:
- the composition of your fleet;
- your claims history;
- your professional uses;
- your current guarantees;
- the possibilities for optimizing your contract.
Our objective is to offer you effective, scalable coverage adapted to your activity.
Request your personalized study
Do you own several professional vehicles and wonder if it's time to switch to fleet insurance?
👉 Fill out our quote request form.
Our advisors will study your situation free of charge to determine if a fleet contract is relevant for your company and to offer you a solution tailored to your needs.
KT ASSURANCE supports professionals in protecting their vehicle fleet with tailor-made solutions, adapted to each activity.