Running a bus and coach business can come with many risks which can be partially mitigated with effective business insurance cover. You will need to have cover that protects your business, your drivers and your passengers in the event of an incident. There are a variety of fleet or specialist policies available to those who operate buses and coaches which we have explored below.
The table below gives a quick comparison of the top UK providers for bus and coach insurance.
Company | Minimum cover | Maximum cover |
---|---|---|
AIG | £10 million | £35 million |
Ageas | Not stated | Not stated |
QBE | Not stated | £30 million |
HDI | Not stated | Not stated |
Kerry London | Not stated | Not stated |
* The facts and figures included here come from each company’s website and were accurate at the time of writing but may have since changed. Also, please keep in mind these may not be apples to apples comparisons as each provider offers different solutions. This guide should be used as a starting off point for more research on your part.
Below we profile each of the companies’ services and features in a bit more detail.
Note companies are ranked in no particular order and this no way indicates one solution is better than another.
Topics
1. AIG
Some of the features and benefits of AIG’s bus and coach insurance.
- Motor fleet insurance
- Suitable for a variety of vehicles including buses and coaches
- Choice of cover level
- Offers coverage beyond the standard cover
- Third-party damages up to £10 million as standard
- Legal expenses
- Covers medical and vocational rehabilitation
- Offers a Driver Profiler tool
- Provides risk management support
- Designed for larger fleets
AIG offers a variety of business insurance products including combined policies and products tailored for specific professions or industries. Their range includes motor fleet insurance for larger fleets whose annual premiums are in excess of £10,000, which is suitable for a variety of vehicle types such as buses and coaches.
AIG’s motor fleet insurance offers third-party only through to comprehensive cover which they have designed to go beyond the standard level cover. They include third party damages up to £10 million as standard and it can be extended to £35 million. They also cover personal effects, accessories, loss or theft of keys, medical expenses and legal expenses.
2. Ageas
Some of the features and benefits of Ageas’ bus and coach insurance.
- Motor fleet cover
- Designed for businesses with over 3 vehicles
- Suitable for small to large fleets
- Can cover private and commercial vehicles
- Tailored cover
- Covers vehicle used for delivery and passengers
- Covers both theft and accidental damages
- Includes windscreen cover
- Responsive claim management for getting vehicles back on the road
- Only available through a broker
Ageas is an insurance provider that offers a range of business insurance products that have been designed as tailored combined packages for specific professions and industries, but they also offer standalone policies. Their range includes motor fleet insurance which is suitable for small fleets through to larger ones.
Ageas’ motor fleet insurance caters for businesses with 3 or more vehicles which can be private or commercial vehicles that include those using the vehicles for delivery or passengers. They have designed their policy to help keep businesses on the road with responsive claims management and they include windscreen cover.
3. QBE
Some of the features and benefits of QBE’s bus and coach insurance.
- Motor fleet insurance
- Suitable for cars, commercial vehicles, coaches, buses and minibuses
- Designed for small fleets up to 15 vehicles or large fleets
- Tailored policy
- Choice of comprehensive through to third-party only cover
- They support businesses in reducing their fleet risks
- Designed to minimise disruption
- 24/7 claims helpline
- Online repair tracker
- Only available through a broker
QBE offers a range of standalone policies and tailored combined products designed to meet the needs of businesses of all sizes. Their product range includes motor fleet insurance which is suitable for mixed fleets of cars, commercial vehicles, coaches, buses and minibuses.
QBE’s motor fleet insurance offers a choice of comprehensive, third-party fire and theft or third-party only cover. They provide a range of optional extras which include AA breakdown cover and Autoglass repair cover. Their service includes 24/7 claims helpline and an online repair tracker to help you manage your vehicles and claims. They are also proactive in helping you to reduce your fleet risks.
4. HDI
Some of the features and benefits of HDI’s bus and coach insurance.
- Motor fleet insurance
- Available to mixed fleets with over 250 vehicles
- Suited to those wanting a longer-term agreement
- Technology-driven fleet management approach
- Uses mandatory vehicle telematics
- Helps businesses to reduce risks
- Aids in the reduction of fleet expenditure and running costs
- Offers a driver risk management programme
- Provides a driver education programme
- Has a fully integrated repair management service
HDI is an international insurance provider that offers a variety of business insurance products that can be purchased through a broker. Their products include motor fleet insurance that they have designed to be a longer-term agreement as they require all vehicles to have mandatory vehicle telematics to help support improvements and reduce risks.
HDI’s motor fleet insurance is technology-driven and they offer support to businesses to help them reduce their fleet risks through their driver risk management programme and their driver education programme. Their policy is only offered to businesses with 250 or more vehicles which include cars, vans, coaches, HGVs and specialist vehicles.
5. Kerry London
Some of the features and benefits of Kerry London’s bus and coach insurance.
- Commercial fleet insurance
- Covers delivery and passenger vehicles
- Tailored cover
- Personal account manager
- Assistance in getting the correct level of cover for your fleet
- Provides standard cover
- Covers fire, theft and accidents
- Experienced provider
- They aim to minimise any disruption to your business
- Has an in-house claim handling team in the UK
Kerry London is an insurance provider that offers a range of business insurance products that cater for businesses in manufacturing, healthcare, construction, property, sports and leisure. They are experienced underwriters and broker whose range includes commercial fleet insurance.
Kerry London’s commercial fleet insurance covers a variety of business types and fleets which includes those that use their vehicles for delivering goods and carrying passengers. Their policy offers standard cover which includes fire, theft and accidents. Their in-house claims handling team aims to minimise disruption to your business wherever possible in the event of a claim.