Maximize Protection, Minimize Costs: The Advantages of Motor Fleet Insurance in the UAE

motor fleet insurance- insurance broker- Gargash Insurance 06 Jul, 2023

Discover how motor fleet insurance can safeguard your valuable assets and ensure smooth operations for your business through this article.

Motor Fleet Insurance for Businesses- Types, Inclusions, Exclusions, & Benefits

The need for efficient and reliable road transportation is becoming increasingly crucial as businesses in the UAE continue to grow and expand.

Whether your business involves operating a small delivery service or managing a large fleet, ensuring the safety and protection of these vehicles is vital. Read this article on how fleet insurance can help cover businesses with multiple vehicles, providing peace of mind and financial security in the event of accidents, damage, or theft. In this article, we will explore the benefits of fleet insurance for businesses in the UAE and how it can help safeguard your valuable assets.

Quick Read Section

  • Fleet insurance for businesses in the UAE offers extensive coverage for companies that operate multiple passenger or commercial vehicles. It can even cover a single company registered passenger or commercial vehicle.
  • This type of insurance is specifically designed to protect businesses from financial losses and liabilities associated with their fleet operations.
  • It provides coverage for various risks, including accidents, theft, vandalism, and third-party damages.
  • Fleet insurance often includes provisions for medical expenses and legal fees, minimizing the financial burden on businesses in case of accidents involving their vehicles.


What is Motor Fleet Insurance?

Motor Fleet Insurance for Businesses in UAE is a comprehensive solution designed to provide optimal coverage and protection for companies operating a fleet of vehicles. With the ever-growing demands in the business landscape, having a reliable insurance policy is crucial to safeguarding your assets and mitigating potential risks.

This specialized insurance plan offers a wide range of benefits, including coverage for third-party liability, property damage, and personal injury. Moreover, it extends its protection to multiple types of vehicles, such as cars, trucks, vans, pickups, and motorcycles.

By opting for Motor Fleet Insurance, businesses can streamline their insurance management process by consolidating multiple vehicles under one policy. This not only simplifies administrative tasks but also ensures cost-effectiveness and convenience.


What does motor fleet insurance cover?

Typical inclusions and exclusions under motor fleet insurance cover are:

Motor Fleet Cover Inclusions

Motor Fleet Cover Exclusions

Accidental Damage Cover

Vehicle damage due to wear and tear

Fire and Explosion Cover

Accidental Damage caused while driving under influence of drugs/ alcohol

Roadside Assistance

Transportation of hazardous substances

No-Claim Bonus Discount

Trips undertaken beyond the coverage area

24/7 Claim Support

Replacements costs of spare parts

Total Loss due to theft, burglary or extreme damage

Damage caused by drivers possessing invalid Driver’s license

Damage or medical expenses incurred due to environmental catastrophes

Loss incurred past expiry of the insurance policy

Liabilities due to third party injury or death

Sustained damage/ injuries that fall under the policyholder’s committed liability


What are the types of motor fleet insurance plans available for businesses in the UAE?

Businesses looking to insure their commercial fleets can choose from these two types of coverage:

  • Comprehensive Insurance Coverage: This insurance policy is all-inclusive, as it protects your car from both third-party liability as well as accidental damage or injury. Comprehensive insurance also provides coverage for any anticipated losses caused by fire, theft, or natural disasters. If a driver of the covered commercial vehicle is found to be at fault for the collision, this insurance policy would pay for third-party liabilities, any settlement-related legal costs, damages to the owner's vehicle, as well as the emergency medical care required by the driver. In addition, this plan also provides cover for the total loss of a vehicle due to damage or theft, as well as loss incurred due to man-made or natural disasters.


  • Third-Party Liability Insurance Coverage: Third-party liability insurance policy is the minimum car insurance coverage that is mandatorily required in the UAE. This policy offers coverage in the event that the insured driver is to blame for an incident involving a third party person, vehicle or property . Damage to the vehicle or personal injuries to the insured car's driver are not covered by this kind of insurance. Prior to registering any of your fleet vehicles in the UAE, an insurance policy with at least third-party liability insurance coverage is a must.


What type of business services in UAE require motor fleet insurance policy?

Motor fleet insurance coverage can be purchased by any company that provides transportation services, such as minibus, courier, heavy cargo vehicles, etc. This insurance policy is a great way to cover a number of vehicles under a single plan and payment that is convenient and can be bought at reasonable rates. Fleet insurance can be purchased for a variety of vehicles, not just cars. It offers extended covers that individual car insurance policies sometimes omit.

This kind of insurance policy allows you to insure any business or commercial vehicle, from loading trucks to company automobiles. Fleet insurance can be utilized to safeguard a variety of different vehicle types including cabs, two-wheelers such as motorcycles, shipping trucks, cargo vans, forklifts, construction vehicles, towing vehicles, utility trucks, food trucks and vans.


How much does motor fleet insurance cost in UAE?

Motor fleet insurance is less expensive as compared to individual car insurance. However, there are a number of factors taken into account that affect vehicle fleet insurance premiums in the UAE such as:

  • The total count of commercial vehicles to be covered
  • Vehicle category-light/heavy vehicles, make, model etc.
  • Current value and condition of the vehicles


What are the benefits of fleet insurance coverage?

Fleet insurance provides businesses with the flexibility to add or remove vehicles from the policy as their needs change, without the hassle of having to update multiple individual policies. This not only saves time but also simplifies the administrative process for businesses. Furthermore, fleet Insurance also offers the following benefits:

  • Extensive Coverage: Unlike personal auto insurance policies, which do not cover losses incurred when a vehicle is used for business reasons, commercial auto insurance policies do. Even if you use the company automobile for personal purposes, the insurance advantages are still yours.
  • Bundle Coverage for Multiple cars: Businesses can insure all their commercial cars at once under a single insurance policy, guaranteeing protection against any significant financial setback.
  • Flexible options: Commercial fleet insurance policies offer a lot of flexibility to business owners as they can utilize the same policy to insure one or more vehicles. Additionally, if your company works with different kinds of vehicles, you can classify them separately and tailor the cover to fit your unique requirements.
  • 24/7 Claims & Renewal Support: Renewal processes are much more quicker and easier to manage as an entire fleet can be managed under one policy.


Why choose Gargash Insurance for your fleet insurance needs?

There are several reasons why Gargash Insurance stands out as the ideal choice for your fleet insurance needs. Firstly, Gargash Insurance has a solid reputation in the industry for providing comprehensive coverage and excellent customer service. Our insurance brokers understand the unique requirements of businesses and can help you tailor insurance plans to meet specific needs. Gargash Insurance also offers competitive rates and flexible payment options, ensuring that businesses can find a plan that fits within their budget.


Fleet insurance guarantees peace of mind, cost savings, and flexibility in managing vehicles fleet while ensuring that they are adequately protected against potential risks and liabilities. With fleet insurance coverage, businesses can focus on their core operations without worrying about the financial implications of any unfortunate incidents involving their vehicles.

Contact us today for all your fleet insurance needs!


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