Insurance

Choose Your Insurance

Use this section of our website to find all the information you may require to assist you with any commercial insurance questions you may have.

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Motor Trade

From simple guides of how motor trade insurance works to comprehensive guides to help you and your business

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HGV Insurance

From simple guides of how truck insurance works to comprehensive guides help your business to on how to save on premiums

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Courier Insurance

From simple guides of how Courier insurance works to comprehensive guides help your business to on how to save on premiums

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Commercial

From simple guides of what commercial insurance is to comprehensive guides on how it can help your business

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DID YOU KNOW?

  • The current average cost of car insurance in the UK is £941
  • Men are paying £160 more than women for car insurance on average
  • Drivers aged 18 pay an average of £3,145, compared to £1,353 for 28-year-olds
  • Inner London remains the most expensive place for car insurance, now costing £1,501 on average
  • There are 141 car and van insurance companies in the UK
  • The UK car insurance industry paid £2.54 billion in claims in Q3 of 2023
  • There were over 42,500 fraudulent car insurance claims in 2022

FAQ’s

Many others have the same questions as yourselves prior to speaking to a broker about their businesses insurance needs

Business insurance covers the use of a vehicle for your business related activities. This can include driving between your working locations, running errands, making deliveries and meeting clients or customers. If you are involved in an accident whilst using your vehicle for business purposes, you will not be able to make a successful claim if you do not have the appropriate business insurance cover.

In short Yes. If you are a good driver, many insurance companies will be happy to include your no claims bonus from your personal insurance for your business insurance policy however there are limitations to this and your broker will explain these to you.

Using a vehicle for business purposes means you are likely to have significantly higher mileage than you would for personal use. This directly increases the risk of an accident. Alongside this factor you will probably be driving in heavy traffic at peak times, and could be driving at new locations on a regular basis. There is also the possibility you will be parking your vehicle in potentially unsecure locations. All of these factors add to the risk on the part of your insurer, which is why business insurance premiums are typically higher than those for personal use.

You need to find a broker that has the underwriters and policies in place to cater for your specific requirements. This is where QuoteHive can help. There are many different types of business insurance and you will need to be prepared to answer a series of questions that your insurer would ask regarding your circumstances to get the correct and most competitive policy for you. Click Here to start your quotation today.

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Need to Speak?

If you can’t find the answer to your question and need to discuss with an agent who can help answer and possibly look to place you with the relevant insurer to suit your business needs, click below for an immediate call back

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