09Feb, 26 Rising Costs and Benefits of Chauffeured Transport for Businesses in 2024
1. Rising Costs and Limitations of Mileage Claims
Businesses in the UK are increasingly finding that mileage claims are becoming less practical and economical as a method of travel expense management. A significant factor behind this shift is the steady rise in insurance premiums. In recent years, many operators, especially within transport and travel services, have faced double-digit percentage hikes in insurance rates without corresponding increases in risk or claims. This trend affects not only individual drivers but also businesses reimbursing …







