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Electric car chauffeur service cuts insurance premiums 22%

All Electric Chauffeur Services has launched with a fleet of Tesla Model S zero emission electric luxury cars and has plans to operate a 25-strong fleet of the 100% electric cars by the end of 2015. 

A key part of the significant savings the company has seen on its vehicle insurance premium quote was FMF Ltd consultancy’s advice to:

  • Equip the fleet with forward-facing 3G cameras linked to a central computer screen highlighting video footage with just a 10-second viewing delay
  • Sending all the company’s chauffeurs on a specialist electric vehicle driving course. 

Both were in addition to undertaking best practice checks on the chauffeurs including driving licence validation with the Driver and Vehicle Licensing Agency and creating a range of driver guides and awareness communications. 

Paul Holmes, who launched FMF Ltd in 2014, said: “Working with a blank canvas is always a challenge, but once we understood the requirements of the All Electrical Chauffeur Services’ business, the team put a risk reduction structure in place that fits with the operation and the insurers seemed very pleased with what we did, hence the drop in premium costs. 

“We will continue to work with All Electric Chauffeur Services and having delivered a 22% insurance premium saving in their first year our aim is to deliver a 50% saving in the second year.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.