Multi car insurance is designed to allow a person to insure more than one or several cars on one insurance policy. Multi car insurance for a business is beneficial as it requires very little admin work. All the vehicles are on one policy and therefore all share the same premium and renewal date.
Businesses can benefit from multi car insurance with regards to reducing cost. Many insurers offer the added extra of allowing any type of vehicle to be placed on a multi car insurance. For businesses this is beneficial, especially to those sectors that use larger vehicles such as delivery, bus and coach services and heavy goods transport. Please bear in mind many insurers will only insure up to five vehicles, so this type of insurance may only realistically work for smaller businesses.
Businesses should bear in mind that the younger an employee is, the higher the insurance costs will be. Anyone driving who is aged 17-21 automatically fall victim to higher insurance premiums regardless of the multi car offer.
With this type of policy becoming more and more popular it is important to shop around and look at different companies and what they have to offer.