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V3 Insurance

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Evidence required


Requirement

To hold a minimum of third party insurance or self-insurance for the fleet and any other insurance necessary to provide financial protection to the operation.

Purpose

To ensure that all vehicles within the scope of FORS accreditation are insured to the minimum legal requirement and to provide financial protection in the event of injury, theft, damage or loss.

Demonstration

FORS Operators shall have insurance certificates or evidence of self-insurance that covers all drivers, vehicles, trailers, specialist equipment and conditions of use that are within the scope of FORS accreditation.

Other insurance certificates shall be in place where they are relevant to the fleet operation. These include:

  • Employers’ liability
  • Public liability
  • Goods in transit

An annual evaluation of insurance requirements should be conducted with a broker or underwriter to ensure the insurance cover is adequate for the fleet operation and to ensure best value.

To ensure the insurance is valid and the fleet operation remains financially protected, insurance certificates shall be retained in accordance with requirement M2

Evidence required

Valid motor fleet insurance;

Valid employer’s liability insurance; Public liability insurance if applicable;

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