Managing a fleet of vehicles is no mean feat. There are several components that are essential to running it successfully, including vehicle maintenance, driver training, and administration. Not least is fleet insurance, which is a legal requirement that protects your business from severe financial consequences.

Vehicle inspections

It's vital to maintain your fleet regularly, and the best way to do this is by creating an inspection schedule. Regular servicing and tyre inspections will not only keep your fleet running smoothly and on the right side of the law, but they will also prevent issues in claims disputes. Many businesses employ a fleet manager who will take care of this along with the fuel management of vehicles.

Driver checks and training

It’s important to check if drivers are compliant. It’s vital that they have the appropriate licence for each vehicle, from motorbikes to trucks. Regular drug and alcohol tests are also important. Many business vehicles are fitted with trackers to monitor driver behaviour, which helps lower insurance costs and manage overall fleet performance. Training your drivers on the latest regulations helps them become safer drivers.

Fleet management software
There can be huge benefits to utilising the latest fleet management software. Efficient route planning and monitoring every aspect of your fleet, from maintenance, vehicle location, and fuel management to security, all help keep your fleet on the right road and could reduce insurance costs.

Benefits of fleet insurance

HEATING your home in the winter is a necessity for most Britons as temperatures are predicted to plummet over the next few weeks. But is your boiler up to it? Here's how to prepare and protect your system and avoid costly repair jobs.

The tides are changing for UK homes, and rather than relying on fossil fuels, millennials are transitioning to a more renewable way of living. With the cost of energy soaring to new heights in the midst of a climate crisis, homeowners are becoming more switched-on and opting for better insulation, high-emission boilers, and eco-friendly alternatives.

Since 85% of homes are still heated by carbon-heavy natural gas, the switch to renewable energy is heavily awaited by many. According to the Committee on Climate Change (CCC)*, the UK will not meet its climate change targets unless it eliminates most greenhouse gas emissions from homes, which currently account for around 14% of the UK's emissions.

In an effort to resolve this problem, some people are creating their very own eco-homes. This involves fitting low-carbon technology solutions to properties to make them eco-friendlier and more cost-efficient.

How much can you save with an eco-home?

Giving your home a complete green revamp is no cheap task, but when it comes to installing low-carbon energy-saving appliances around the house, you will eventually make your money back in savings on energy bills and the increased value of your home – while also doing your bit to help the planet.

According to data from TheEcoExperts*, by installing energy efficient appliances such as solar panels, roof insulation and double glazing, homeowners could save £1,863 each year – or £37,260 over 20 years.*

What’s more, using these low-carbon appliances could reduce your carbon footprint by 123.2 tonnes of CO2 over the next 20 years.*

How much can low-carbon technology increase your property’s value?

The next wave of first-time buyers will undoubtedly be seeking out greener houses that cost less to run. Eco-friendly features can increase a property’s Energy Performance Certificate (EPC) rating, and from April 2025, the government will enforce the requirement for all domestic tenancies to reach an energy efficiency rating of ‘C’ as a new minimum.

Alongside this, energy bills are set to continue rising, and the global focus on tackling climate change is likely to strengthen in the upcoming years. These two factors will dictate the impact that high EPC ratings have on house prices in the future.

Which products will save you money in an eco-home?

Solar panels

Solar panels are essential for any eco-home, as not only do they work effectively on their own, but they can also help power other low-carbon appliances such as heat pumps. According to The Energy Saving Trust, the average solar PV system costs around £4,800 and can save on average £530 annually* - that’s roughly £10,600 over 20 years.

Double glazing

Double glazing is becoming a must for most home-hunters, as its money-saving and eco-friendly benefits are ideal for keeping warm over the winter months.

The price will depend on the style and size of the window, as will the material of the frame. According to the Energy Saving Trust, swapping out single-glazed windows for A-rated double-glazed windows could save you £145 per year*.

Roof insulation

It’s widely estimated that a quarter of a home’s heat is lost through its roof; therefore, insulating this part of your property is vital if you want to save on energy bills.

Plus, roof insulation is much cheaper than many other home improvements – it typically costs around £530 for the average three-bedroom house.

Savings will depend on the type of property you live in – whether it’s a detached house, a bungalow, or a flat – but you can expect to save between £150 - £380 a year. This means you could earn your money back in savings within one or two years, and as a bonus, you could cut your carbon footprint by up to 11.6 tonnes of CO2 over 20 years.**

Summary

Eco-homes are still a growing trend, but with today’s fast-changing climate, it’s likely they’ll start to appear more frequently across the UK in the next decade.

If you’re thinking of creating your own eco-home, now is the perfect time to invest. The earlier you can start making lifelong savings and reducing your lifelong carbon footprint, the better. Even just taking green baby steps towards making your home eco-friendlier can make all the difference in the long run – you’ll slash your bills, help the planet, and keep your home cosy and warm over the winter.

To learn more, please contact us.

Energy Saving Trust*

The Eco Experts**

Letting your car insurance renew automatically may sound like an attractive option as you won’t need to put in any extra work, and you might be happy with the plan you’re on right now. However, this is one of the most expensive mistakes to make, as deciding not to seek out a better deal means your insurer can take advantage of your indifference and subsequently, hike up your premiums.

Without shopping around first, you could be missing out on endlessly cheaper deals on your car insurance, and there are countless other ways to drive that cost down even further. Here are our top tips:

Consider a telematics policy

Telematics car insurance bases your fees on real data about your driving behaviours, which can be recorded either through a black box fitted to the vehicle or a mobile phone app. As long as you’re a safe and careful driver, this is a great option for any age group, as telematics insurance can offer much lower premiums.

Limit your mileage

By limiting the number of miles you drive each year, insurers will see you as a lower risk, which will qualify you for cheaper insurance.

It’s pinnacle that you provide an accurate estimate of your mileage when getting a quote, as your policy becomes invalid if you’re dishonest.

Improve security

Consider installing security devices such as alarms, immobilisers, and locking wheel nuts.

You should always get a quote on how much your insurance would cost after these upgrades first, so you can weigh up whether the cost of these measures is worth the savings.

Increase your voluntary excess

Opt for a higher voluntary excess when you take out your policy, as it will lower the price of your insurance.

However, if you make a claim, you will have to pay the excess towards the cost of repairing or replacing your car, so make sure you are able to afford the excess just in case you do end up having to pay it. 

Pay annually

A lump sum may seem daunting but paying monthly is a loan which comes with interest. This is why paying upfront is a substantially cheaper option if you have the funds to do so, and you won’t end up spending anything on borrowing. 

Build up your no-claims bonus discount

Insurers reward drivers who are claim-free by discounting their premiums for cheaper insurance. So, keep driving safely and responsibly and you will see the benefits year-on-year.

Park with care

If you have a driveway or a garage, make sure you keep your car parked there overnight.

This will drastically lower your chances of your car being stolen or vandalised, and insurers may lower premiums as you’ll be seen as less of a risk.

Avoid modifications

Modifications of all kinds — whether they’re upgrades to styling, audio, or performance — could result in a large hike in the price of your insurance.

This is because features such as alloy wheels, body kits, and performance upgrades can make your car substantially more attractive to thieves, and your insurer will see your vehicle as a higher risk. Modified cars also tend to be more expensive to repair due to their expensive parts.

To find out more, please contact us.

What is personal possessions insurance?

Personal possessions insurance covers precious valuables that you carry with you when you are out of the house and going about your day. So, whether you are commuting to work on the train or enjoying a family day out, the precious things you take with you are covered.

What’s covered? 

Pretty much everything you bring with you is covered. From your clothes, keys, jewellery, phones, laptop or tablet, cash, wallets, handbags, purses, camera, and sports equipment to your guitar or any other musical instruments that you may play!

Items that might not be covered 

All insurers are different, so check your policy, because certain items may not be covered.

If items get broken while they are being used, they may not be covered. For example, if you break your tent while putting it up on a camping trip or tear the sail on your wind-surfing board due to an accident. Your bikes will also likely not be covered. Some insurers may require you to obtain a separate gadgets policy to cover electronic equipment like your phone or laptop.

Going abroad? 

It could be that your home insurance covers you for a certain level of travel abroad, but that may not cover your personal possessions. So, it’s vital that you check with your insurer.

Who is covered?

Typically, everyone in your household is covered by this policy. So that means if a member of your family is out for the day and their wallet or purse becomes lost or stolen, they are covered. But again, always check the terms of your policy.

It’s never too late 

Almost anything can be insured. Discuss your needs with your broker to find the right policies. Insurance can save you and your family from devastating levels of expense with affordable premiums. Talking to your broker allows you to get the right policies in the first place, with a true understanding of what you are covered for. This helps prevent confusion and expensive errors. Remember, insurance policies can be adjusted or modified at any time by contacting your insurance provider.

Insuring your home is crucial, as it's likely your most valuable asset, and rebuilding can cost millions. Homeowners often seek to enhance their homes, from adding fences to full extensions or new bedrooms. It’s vital that you inform your insurance provider of any changes to your home. Making changes may not necessarily raise your premium or impact your policy. Yet, insurance providers vary, so it's crucial to verify, as inaccurate information could void your policy.

Don’t confuse building insurance with contents insurance

Buildings insurance covers the structure of your home, like walls, roofs, and floors, and often includes fixtures and fittings. Your mortgage provider will insist that you have this in place as part of their terms. Not to be confused with contents insurance. This is coverage against theft or damage to your personal possessions, typically anything that is not attached to the building.

Renovating your home adds value

Extensive improvements or extensions can increase the cost of rebuilding in case of damage. Even if you make improvements yourself, inform your insurer. The vast array of home improvements you can undertake is never-ending. From adding glass door walls, attic conversions, a conservatory, extensions, adding more bedrooms, a new kitchen, or an outbuilding for your business. Consider these scenarios:

You need to inform your insurer before renovations are carried out

If your property is exposed to the elements as a necessary process of alterations, you need to inform your insurance provider immediately. If you have temporarily moved out of your home and it becomes unoccupied, you may not be covered after a certain time period.

Adding a hot tub

After a long day at work, this is a nice way to unwind, maybe with a little drink. But if you get out, slip, or fall and injure yourself, or worse, if a guest or a member of your family suffers a serious injury, then you need to be covered.

High-value items

High-value wall art or paintings fall under contents insurance and are not defined as a renovation. That said, these items can easily be overlooked, and if they are of high value, you need to inform your insurer.

Starting a business from home

Starting a home-based business, whether in outbuildings or within your home, requires notifying your insurer. If a fire, theft, or accident occurs due to the equipment you use for your business, your home could endure significant damage. By neglecting to inform your insurer, you could cause thousands of pounds worth of damage and be unable to claim.

Take the right steps

•  Inform your insurer
  The first step if you are making changes or improvements is to notify your insurer before they start.
  
  
• Review your policy
  Update your policy, and always read your policy details to check the terms of what you are covered for. If you are still not sure, get in touch; a quick phone call could save you thousands.
  
  
• Consider add-ons
  Insurers offer valuable extras like legal coverage, protected no-claims bonuses, or bicycle coverage at competitive prices, providing peace of mind.

Final thoughts

It’s always better to be safe than sorry, and you need to notify your insurer if you make any alterations to your home. It’s also vital to take the time to talk to your broker, who can answer any questions or queries you have when it comes to finding the right policy for you.

What is the difference between standard home insurance and holiday home insurance?

Your holiday home insurance differs from your home insurance for your main residence, mainly because the chances are it will be unoccupied for potentially long periods of time. This increases the risk of burglary or damage to the property caused by the weather or issues such as a leak. If you are not there to keep an eye on it, then these issues could become costly. All insurers differ, so it’s vital to check the terms of your policy, which, for example, might allow the property to be unoccupied for up to 30 days before your cover is affected. To prevent this, you may decide to let your property to holidaymakers. This means you will need public liability insurance.

Types of cover to consider 

When it comes to insuring your holiday home, there are several types of coverage you should consider:

• Buildings insurance
  This covers your holiday home's structure, including walls, roof, floors, and fixtures, providing financial aid for damage from events such as fire, floods, storms, or subsidence.
  
  
• Contents insurance
  Contents insurance covers the belongings you keep inside your holiday home, such as furniture, appliances, electronics, and personal items. It protects against theft, damage, and loss.
  
  
• Public liability insurance
  This is important in case someone is injured, or their property is damaged while on your holiday home's premises. This coverage helps with legal expenses and compensation if you're found liable.
  
  
• Loss of rental income insurance
  If your holiday home becomes uninhabitable, this coverage can compensate you for the loss of rental income during the repair period.
  
  
• Home emergency cover
  This type of coverage provides financial support for emergency repairs, such as fixing a burst pipe or a broken window.
  
  
• Legal expenses insurance
  If you find yourself in a legal dispute related to your holiday home, this coverage can help with legal fees and related costs.

Things to do when insuring your holiday home 

•  Valuation 
  Find out the value of your home and its contents. It’s important to be honest and transparent with your insurer. The value of your contents will be covered up to a certain agreed-upon figure.
  
  
• A good broker
  Talk to your broker about your requirements and let them do the hard work of finding the right policy that best suits your needs.
  
  
• Decide on the level of cover 
  Make a clear decision, weighing up the cost of your premium against the potential significant expenses if you're not covered.. You may decide to opt for add-ons for extra protection.
  
  
• Get to know the terms of your policy 
  It’s vital that you know the terms of your policy. If you are ever in doubt or need clarification on the details of your policy, simply get in touch with your insurer.
  
  
• Communicate with your insurer 
  If there are any alterations to your property or if you think your property will be vacant for longer than the terms permitted in your policy. It's important to contact your insurer.
  
  
• Keep your receipts
  It’s important to keep your receipts or photographic evidence of your furniture or other contents. This will make the claims process smoother.
  
  
• Your annual review 
  Remember to review your policy annually before the renewal date.. Get in touch with your broker if you are looking for a better deal.