Fleet and Multi-Vehicle Insurance — NZ

Fleet policies cover 2-N vehicles under one master policy, typically issued to a business. Premiums are calculated on the fleet as a whole, not vehicle-by-vehicle.

Fleet cover is generally placed via insurance brokers — NZI, Vero and broker-channel commercial lines specialise here. AA Insurance and Tower offer multi-vehicle discounts on consumer policies but those are different from a true fleet policy.

Fleet policies typically include open-driver provisions (any employee may drive any vehicle), graduated excess by driver age, and aggregate claim-frequency pricing.

If you operate a passenger transport, courier, or rental fleet, the underwriting class shifts further — Protecta handles passenger-transport fleets in NZ.