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How much does it cost a Fleet haulage Insurer to break even when pricing your insurance?

By Melanie JacksonJune 14, 2021November 17th, 2022No Comments
Did you know that for your Haulier Insurer to break even on your fleet insurance premium they have to make 65p to the £1, the operating costs for them are 35p.
Therefore it’s imperative your loss ratio stays below 65%. That’s why at ARC we spend so much time cleansing your Verified Claims Experience by working on your claims around the clock getting claims settled, reserves reduced to realistic values and not leaving claims open for long periods of time that are unnecessary. This gives you an up to date and realistic VCE with an accurate loss ratio. Many brokers do not do this and simply wait for settlement letters to arrive from insurers that can take months and is of detriment to you…
As a Haulier, your VCE is the most important factor that determines the premium YOU pay each year and we help you with this.
Let our experts help you by calling 01529 675 022 or email melanie@arcbrokerservices.co.uk
#haulage #haulageinsurance #fleetinsurance
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ARC Broker Services LTD is an appointed representative of Acrisure Eleven Network Limited, trading as Eleven, which is authorised and regulated by the Financial Conduct Authority (FRN 314593)

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