20/08/2026
The average vehicle repair claim reached £3,699 in the first quarter of 2026 – up 8% on the previous quarter, according to the ABI. Rising repair costs land on business vehicles just as hard as private cars.
If you run two or more vehicles, fleet insurance covers them all under one policy – one renewal date, one set of terms, and any licensed driver with permission can get behind the wheel.
You don't need to be a haulage firm to qualify – a plumbing business with three vans is covered just as readily as an operator running fifty.
Read our full guide: www.lwood.co.uk/what-is-fleet-insurance/
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