Zurich Financial Services Australia (Zurich) has announced key upgrades to its motor fleet insurance policy.
Zurich’s Chief Underwriting Officer Scott Brown explained, “Zurich holds a very strong position in the fleet cover market and – in response to feedback from brokers and their customers – has released new motor fleet insurance policy wording, with some key additions. The additions to the already comprehensive cover are aimed to strongly grow our business.”
Additions include:
- Two-year new vehicle replacement insurance cover now also extends to rigid body trucks, rigid body tippers, table-top trucks, prime movers, including attached articulated trailer.
- Encumbered Vehicle cover is now up to 20 per cent above market value for vehicles under $500,000 in value.
- Automatic additions cover is now $500,000 per vehicle.
- Crisis Cover has been added. This provides costs to pay public relations expenses as a result of an accident involving your vehicle, up to a maximum of $50,000.
- Non-owned Trailer Liability is up to $100,000.
“Zurich’s responsive claims handling – with personal service and 24/7 claims tracking – is also key. Likewise, Zurich’s extensive practical risk management tools, which help fleet owners/operators reduce their risks, are highly valued by fleet operators.”
He added, “That’s why Zurich was voted “Best Underwriter Commercial Motor” in the JP Morgan & Deloitte 2009 Survey.”
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