Commercial Fleet Management and Insurance - How to Make Wise Green Decisions

At the end of July 2010, it was confirmed by thealthough there are no direct impacts there can be
Transport Secretary Philip Hammond that fromindirect impacts. At a time like this when fleet
January 2011 motorists will receive up to £5,000managers are being forced into re-evaluating due
towards the purchase of an ultra-low carbon car.to both the environmental and economic factors,
The initiative is open to both fleet and privatethe indirect effects should be taken into account.
buyers. Now that this has been confirmed howA report by Professor Peter Cooke which aims
could this influence your fleet managementto define the future of fleet states that a
decisions and what type of impact, if any, will itcompany car will have to earn its keep
have on commercial fleet insurance?economically more in the future than it had to in
The Government have made this announcementthe past. This leads us to the area of choice of
even before the completion of the spendingcompany cars; who really needs them and the
review in order to support the early market forissue of downsizing both the overall size of
ultra-low carbon cars. With the changes in thecompany fleets as well as the class of vehicles
road tax system of Alistair Darling's Budget, thebeing used.
cost implications for the more polluting carsFrom an insurance perspective if these decisions
continue to get higher.are made strategically we should see significant
On top of this is the one-off first yearreductions in insurance premiums. Vehicles will be
"showroom tax" which could see the buyers ofchosen with both the environmental and economic
high emissions cars having to pay up to £950 inconsiderations in mind, while a global evaluation will
the first year, whereas those who buy a new carneed to be done on the overall company fleet
which has less than 130g/km of CO2 emissionspolicy, encompassing the future economic benefits
will pay nothing.being weighed up against the cost implications.
The Department of Transport advise that makingThe Department of Transport recommends
your fleet green does not necessarily have tore-evaluating the management of logistics and
mean changing the class of vehicle. In fact thereasks companies to look at the option of moving
is a useful tool on the Act on CO2 website wherefreight by rail or water as opposed to road. There
you can compare the various classes of vehicles,are Freight Facilities Grants available to help
type of fuel and see how they fare on the taxorganisations make these changes. Additionally for
band and CO2 comparison.van and HGV drivers there is government funded
For example choosing the small family class andtraining which helps van drivers reduce fuel
selecting all fuels the top vehicles are the Seatconsumption by 16% and a reduction in faults of
Leon, Ford Focus, the new Volkswagen Golf and56%.
the Volvo C30. The fuel for all of these is dieselIn conclusion, tough decisions need to be made to
and there is no tax to pay on these in the firstchange with the current times. However if these
year. All of these cars fall into the 99 CO2 (g/km)decisions are well mapped out strategically
category.businesses can develop plans which can benefit
If it is a regular family car that is the size offrom the green initiatives, get rid of dead wood
some of your fleet cars then it is the Volkswagentype fleet usage and benefit economically from
Passat Saloon 1.6 TDI 102PS BlueMotion which isusing other transport alternatives where applicable.
diesel that is the best option with no tax on theCommercial fleet insurance can be lowered by
first year and it is classified as 114 CO2 (g/km). Itchoice of vehicles and drivers, as well as being far
is a useful search facility which can be used forstricter about what really needs to be part of the
research when making plans.company fleet.
On the commercial fleet insurance evaluation