Aviva Announces New Insurance Policy to Help Small Firms

When thinking of motor insurance it can be easy to dwell on the policies sought by individuals looking for cheaper car insurance for the family car. However, there are other forms of insurance out there suited to various needs.

One such area is small motor traders, whose practices involving the use of cars clearly differs from that of the individual and Aviva Insurance has announced a new offering for such companies.

The offering goes out to all motor traders who have up to six named drivers, with the offer allowing them to choose between a Combined or a Road Risks only contract. This means that small businesses will be given more leeway that might make it easier when it comes to insurance.

In addition to a requirement being up to six name drivers, the named driver option covers businesses with one recovery vehicle (below a certain weight), one vehicle of carrying goods, a private hire vehicle, a single set of trade plates and five ‘other’ vehicles. Those that opt for the option offered by Aviva will benefit from a range of services.

Barry Hogg of Aviva commented on the news: “While many motor traders have struggled to survive the effects of the recession, we recognised the need, particularly for the smaller motor trade businesses, to offer even more choice.

“In times like this flexibility is crucial as customers seek affordable solutions to their insurance needs and by offering this named driver alternative we believe we have achieved just that.”

He also refers to the reasons for the offer: “We recognise that many small businesses simply want the essential covers to start with, or may have some cover arranged elsewhere, so our new offering allows motor traders to select Road Risks only, and then add other covers as and when required.”

The announcement is good news for those with a small business, who are often seen as victims in the current economic crisis as they struggle to stay afloat during the recession. Aviva cites the economic crisis as another reason for the move.

Anyone considering policies should shop around and read the small print of any policy they consider, ensuring that they get the best deal they can. Full details of Aviva’s new offer can be found on their website

Source: Aviva Press Release