NIG changes windscreen and glass excess for Fleet and Mini Fleet policies
Authored by NIG
Earlier this year we informed you that our ‘minimum’ windscreen excess would be increasing. We can now confirm this will be taking place for new business and renewals from 1st October 2020 and will apply to our Fleet and Mini Fleet customers needing windscreen and glass replacements.
Once the change comes into effect, the minimum windscreen excess on Fleet policies will be £100 for policyholders using one of our approved windscreen repairers. This increases further to £200 if the policyholder is not using an approved supplier.
At NIG, we always work hard to keep costs down where we can to ensure our customers receive the best possible value for money; however, sometimes price increases are unavoidable. In the case of our minimum windscreen excess, this is due to the rising costs for windscreen repairs.
Windscreen repairs are costing double the amount due to hi-tech life-saving sensors and anti-crash safety sensors (such as advanced driving assistance systems – ADAS) being installed within the glass. While these sensors can play a vital role in preventing accidents, even slight damage can mean these parts cannot be repaired.
If you have any questions about our motor fleet windscreen excess, please speak to your usual NIG contact.
About NIG
We’ve been experts in commercial insurance for 125 years.
The National Insurance and Guarantee Corporation (NIG) is a broker only insurer; we believe in getting to know both the brokers we work with and their clients’ businesses, building trusted partnerships that last for the long-term. Our highly experienced underwriting team are focused on working with brokers to identify and understand the risks faced by UK enterprises. Together, with our risk control experts and risk management tools we develop solutions to help UK enterprises reduce and mitigate key exposures. We offer a wide range of products with flexibility to create tailored insurance cover and when clients need us, claims are dealt with quickly and fairly through a proactive claims approach.
Our trading model has been designed to reflect the differing requirements of how brokers like to trade, with regional offices, National Trading Centre, National Schemes Centre, eTrade Centre of Excellence and dedicated experts for specialist sectors.
We’re investing in new technology to make us even easier to trade with. We’re launching an online risk management resource supported by our in-house Risk Control Team and introduced online claims submissions to speed up the claims process, minimising disruption to clients’ businesses. We are also the only insurer two years running with a five-star rating for both TheHub and Software Houses, in the Insurance Times 2019 and 2020 eTrade survey.
We are dedicated to making UK enterprises more resilient.
NIG is a wholly owned subsidiary of Direct Line Insurance Group plc, providing stability and financial strength. Our policies are underwritten by U K Insurance Limited.