Review: Telematics and fleet in one

car-fleet

This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent

Product: Fleetwise Telematics

Underwriter: Aviva

Commission Paid: Typically 10%, but rates can vary

Coverage: Option of comprehensive, third party fire and theft or third party only cover

Minimum Premium:N/A

Excess: Young drivers £300 for 20 years or under, £200 for 21 to 24 years; novice driver £200; glass £75; goods carrying vehicles £100 for those not exceeding 3.5 tonnes, £200 for those that exceed 3.5 tonnes but less than 12 tonnes and £300 for those exceeding 12 tonnes; motor coaches £400

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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