For passenger transport companies, particularly VTC drivers with several vehicles, taking out VTC fleet insurance is an advantageous solution. It allows you to protect all vehicles while optimizing management and costs. Let's discover together the main advantages of this insurance designed for fleets.
1. Simplified Administrative Management
Managing a fleet of vehicles can quickly become complex when it comes to taking out individual insurance for each vehicle. VTC fleet insurance centralizes all the procedures under a single insurance policy, thus facilitating administrative management.
Why is it simpler?
With fleet insurance , you only have one contract to manage, which greatly simplifies the management of deadlines, payments, and renewals. All the information relating to your fleet is gathered in a single document, allowing you to save valuable time.
Benefits of simplified management:
- One contract for the entire fleet.
- Less paperwork to manage.
- Better visibility on warranties and deductibles for each vehicle.
2. More Competitive Rates
One of the main benefits of VTC fleet insurance is the savings you can make. Insurers often offer sliding scale rates based on the number of vehicles insured, meaning the larger your fleet, the more discounts you can get.
Why is fleet insurance more economical?
By grouping several vehicles under a single contract, the insurer allows you to benefit from preferential rates. This pooling of risks makes it possible to reduce the overall cost of insurance, while maintaining optimal coverage for each vehicle.
Examples of possible reductions:
- Decreasing rates from two vehicles.
- Additional discounts for fleets of more than 5 or 10 vehicles.
3. Flexibility in Adding or Removing Vehicles
As your VTC driver business evolves over time, so does your fleet of vehicles . Fleet insurance offers great flexibility by allowing you to add or remove vehicles at any time, without having to renegotiate new contracts.
How does it work?
If you buy a new vehicle or sell an old one, you can easily update your fleet insurance contract. This flexibility allows you to adapt your coverage in real time, according to your needs.
Benefits of flexibility:
- Ability to add or remove vehicles quickly.
- No contract renegotiation necessary.
- Adaptability according to the evolution of the activity.
4. Complete and Personalized Coverage
VTC fleet insurance offers comprehensive guarantees, while being personalized according to the specific needs of VTC drivers. You can choose coverage that includes the most common risks for a VTC activity, such as civil liability, damage from all accidents, theft, or even breakdown assistance.
What guarantees should be included in fleet insurance?
- Civil liability : Mandatory for all vehicles, it covers damage caused to third parties in the event of an accident.
- All Accident Damage : Covers repairs even if you are responsible for the accident.
- Theft and vandalism : Compensation in the event of theft or willful damage to your vehicles.
- Breakdown assistance : An essential guarantee to minimize service interruptions in the event of a breakdown.
How to personalize your contract?
Insurers allow you to adjust coverages based on the size and usage of your fleet. For example, you can include specific coverages for the most used vehicles or for those exposed to particular risks (high-density urban areas).
5. Cost Optimization and Better Budget Visibility
With fleet insurance, you benefit from better visibility of your costs. You have a clear overview of the total amount to be paid for all your vehicles, which makes it easier to manage your finances and allows you to anticipate your expenses.
What are the financial benefits?
- A single payment for all vehicles in the fleet.
- Savings achieved through centralization of contracts.
- Simplified claims management, with better controlled costs.
6. Easier Claims Tracking
When a vehicle is involved in an accident or claim, management can become tedious if each vehicle is covered by separate insurance. Fleet insurance allows you to centralize claims management, simplifying the process of reporting and tracking repairs.
Why is claims management simplified?
With fleet insurance, you have a single point of contact for all claims. This allows for faster processing of files and smoother management of repairs, minimizing service interruptions for your drivers.
Conclusion
VTC fleet insurance is an ideal solution for transport companies with several vehicles. It simplifies administrative management, offers advantageous rates, and allows valuable flexibility to add or remove vehicles according to the evolution of your activity. In addition, it guarantees complete coverage adapted to your specific needs.
Contact KT VTC & TAXI today to get a personalized quote and discover how our fleet insurance can optimize the management of your vehicles while reducing your costs.