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Daily Insurance Industry News
Monday 28th of May 2018
May 6, 2010

Complectus launches fleet misfuelling insurance

by Gill Montia

Story link: Complectus launches fleet misfuelling insurance

Complectus launches fleet misfuelling insurance

Complectus has launched a misfuelling insurance product for motor fleets operators, in a joint venture with AXA Assistance.

According to the claims management firm, around 150,000 UK drivers make the mistake of misfuelling every year and the new policy covers the cost of draining and flushing the fuel tank, plus replenishing it.

With the typical cost for draining and flushing alone in excess of £200, Complectus claims the cover can provide fleet operators with a cost effective way of managing their exposure to this risk.

“With modern engines running quieter, mixed fleets and with multi-car ownership, it’s easy to see how in a momentary lapse of concentration this happens” explains Complectus’ managing director, Peter Powell.

Policies are available on an annual basis, or at discounted rates for three years’ cover.

Earlier this year, Complectus and AXA Assistance launched a new end of lease insurance product to cover the costs of refurbishing a returned vehicle, within reasonable wear and tear standards.

Lease Guard has been designed specifically for leased vehicles where defects are the responsibility of the person hiring the vehicle.

 

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