Yes. Vehicle value, performance, repair cost, security, body type and the work it performs can all influence fleet insurance pricing.
Value is only part of the picture
A cheaper vehicle can still be expensive to insure if repairs are difficult, theft risk is high or claims are costly.
Use matters
A van making local deliveries presents a different risk from a company car used for occasional motorway travel. Insurers look at the job as well as the vehicle.
Specialist modifications should be declared
Racking, refrigeration, lifts, specialist bodies and other changes may affect value and risk. Give accurate details when asked.
Review insurance before a major fleet purchase
If the business is moving into a different class of vehicle, an indicative insurance comparison can help avoid surprises after the order is placed.
Keep the decision practical. Use your own mileage, vehicle use, costs and business needs. Tax, finance and insurance terms vary, so check current information before committing.