Specialist motor insurer Equity Red Star has launched a new product to provide a solution for family run businesses and small enterprises operating fleets with two to 10 vehicles.
Called SME Protect, this mini-fleet product has been specially designed to cover fleets of two to 10 cars and commercial vehicles and has its own dedicated wording and rating. This is a brand new offering from Equity Red.
At the same time, Equity Red Star is revamping its long-established Fleetsure policy wording, catering for fleet operators with 10 vehicles or more. This producthas the flexibility to cover a variety of vehicle types from cars to light vans, large commercial vehicles, minibuses and coaches.
According to the company, the new Fleetsure product has been developed to provide a wider policy wording as standard making it easier to use and more streamlined. With minimal need for additional endorsements under the new policy, there is greater clarity of cover for our customers.
The policy also includes additional and more straight-forward advice on what to do in the event of a claim. This is designed to encourage quicker reporting of incidents enabling Equity to handle these efficiently and effectively.
Commenting on SME Protect, Mark Bacon, active underwriter at Equity Red Star, said: “As a small business owner you will have the ability to insure all your vehicles under one policy which gives the benefit of blanket certificates, one overall fleet rated premium and wider policy cover.”
The products will be underwritten by Equity’s dedicated fleet specialists operating from seven regional offices in Birmingham, Brentwood, Bristol, Glasgow, Leeds, London Market and Manchester.
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