Figures show varying cost of fleet insurance claims

Parked vehicles damaged by unknown third parties represent the most common type of incident, accounting for 13.3% of claims with an average repair bill of £364. This cost rises to £563 per claim when the third party is known. The second most frequent accident involves drivers hitting a fixed object, responsible for 8.2% of claims at an average cost of £488.

Junctions, roundabouts, crossroads and traffic lights continue to represent the highest risk areas on the road, with 3.3% of claims handled by VELO due to its customers hitting a third party at one of these features, and a further 3.3% being hit in the rear at the same sites.