Why should your clients self-insure?
Because it’s easy to set up, tried and tested and makes complete business sense for both commercial and public sector clients.

Offering immediate and significant cash-flow savings, self-insurance is a real alternative to traditional insurance. Fleet owners only pay for the services they use, there are no inflated premiums up front and because they manage their own risk, they take control of their costs.

How much does it cost clients?
The costs of self-insuring through Up2U are significantly lower then traditional insurance. On average, costs start from £245 for a single vehicle and £8550 for 50 vehicles (£171 per vehicle). This covers costs for legal documentation, security charge, undertaking charge and setting up the Up2U Account.

If your clients have no accidents throughout the year, then that’s all they pay!

What is the Risk-Threshold, aggregate and capping mechanism?
Similar to traditional insurance ‘excess’, Risk-Threshold is pre-agreed with Up2U and lies between £10,000 and £100,000, depending on your client’s business requirements.

Up2U offer a product supplement using the same concept as the Risk -Threshold, but for the aggregate total of all third party claims under your client’s contract, for the relevant period. This ensures they are protected against the build-up of a high number of small claims.

The capping charge is dependant upon the selected Risk-Threshold level and should always be far lower than any comparable insurance premium.

Start self-insuring your clients today.

or Call 0845 453 4880.