Staveley Head

Staveley Head

November 25, 2009 23:00 ET

Fleet Insurance Brokers React to Diesel Price Hike

FLINT, UNITED KINGDOM--(Marketwire - Nov. 25, 2009) - As the cost of diesel soars to over Pounds Sterling 5 a gallon, leading fleet insurance specialists Staveley Head have reacted to this news by highlighting the potentially devastating effect this could have on their clients.

The price of a litre of diesel now stands at around Pounds Sterling 1.10, representing an increase of 3.78p over the year. This increase, which has been put down to speculators trading in oil as a commodity, is set to rise further when the cost of VAT returns to the usual rate of 17.5% in the new year. Since December 2008, the cost of crude oil has risen from $35 a barrel to an astonishing $80 a barrel in recent days.

Flintshire-based Staveley Head offer cover to businesses across the U.K who operate fleets of vehicles. This is a group which will be the hardest hit by these price hikes. A spokesperson for the company commented:

"At the end of a tough year for our clients, this is further bad news and will see many companies who operate large fleets struggling for survival. One area where those affected can potentially recoup costs is by looking at their insurance and we would welcome anyone with a fleet to contact us today to see if we can help them to cut the cost of their premiums."

Staveley Head is one of the fastest growing commercial insurance brokers. From their base in North Wales, the company employs over 40 professional insurance account handlers who have the knowledge and expertise to help and advise clients in all sectors.

With over 15 years of trading experience, they have earned a reputation for providing quality, low-cost, commercial vehicle and van insurance. This includes cover for HGVs, couriers, vans and taxis from a panel of leading insurers such as Zurich, Allianz and Royal. By using this panel, the firm can offer the most appropriate cover at the most affordable prices.

All policy holders benefit from a free 24 hour claims management service, legal expenses cover and like-for-like vehicle replacement in the event of non-fault accidents.

Companies can attain quotes either online at staveleyhead.co.uk, or by phone on 0845 017 9991.

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