65% Achieve a Saving of £196.33 or more*
*Customers who saved with our car insurance comparison service between 1 January and 30 April 2012 achieved a saving of £196.33 or more.
Cheap Business Car Insurance Quotes
The business car insurance market is a place where many different companies compete to provide the best deals to their corporate clients. When it comes to car insurance for businesses, each particular business’s needs are different. Some need just a little bit of insurance for a few cars that are going to be driven for business purposes. Other companies need full insurance for vehicles that are going to be driven every day for things like deliveries. Because each company is different, the corporate vehicle insurance market has risen to meet those needs. As a business owner, your goal should be getting the best possible deal and the type of coverage that will best suit your company’s needs.
Business Car Insurance Usage Explained
Social, domestic and pleasure use only
For social, domestic and pleasure use only, excluding commuting to or from a permanent place of work. ( Daily driving ) , like shopping visiting family or friends.
Commuting
Includes social, domestic and pleasure, and also covers driving to and from a permanent place of work or part way ie: to a train station or taking another person to work.
Further usage requires a class of business use defined in class 1 2 and 3.
Business car Insurance Class 1
This will cover the vehicle in connection with your job, such as driving to different destinations during work or for the purpose of your profession. ( This may also cover a spouse for the business use but you will need to check with the insurer ) and is normally limited to insured and spouse or common law, and not another named drivers.
Business Car insurance Class 2
This is normally the preferred level of business insurance cover required, and is can be said its class 1 for 2 drivers again depending on the insurance provider. The policy will usually cover the policyholder and a named driver for the business use, and it sometimes can restricted to both the drivers having the same business usage/profession
Business Car Insurance Class 3
Provides business cover for the carriage of light goods , and some commercial traveling (like door-to-door sales), IMPORTANT > This must not be confused with delivery or courier type services as this is totally different insurance requirement.
For other types of business cover ie taxi, courier, etc you will need a commercial business car insurance policy.
Bringing down business car insurance costs
There are many different things that a company can do if it wants to reduce its insurance costs. When it comes to finding cheap car insurance, the key is taking a look at your own company to determine what things you might do to lower costs on your end. The first key is to hire people with strong driving records. For insurance of this kind, the people doing the driving are going to be very important. This is especially true if you are in the market for comprehensive coverage for people who will be driving a lot. The better the driving records, the lower your costs will be.
Having the right kinds of vehicles
It should almost go without saying that it is easier to insure some vehicles over others. If you want to keep the costs down, then you will need to purchase reasonable, conservative vehicles for your business to use. Vehicles are generally ranked on a 1-50 scale by the insurance providers. You want a vehicle that carries as little risk as possible, so choose a make and model that has good safety ratings and lacks a big engine. Only buy what is necessary to carry out whatever process your business is looking to perform.
Compare the market for business car insurance prices
One of the keys to coming away with the best possible insurance is to do a market comparison. Getting a number of different car insurance quotes from a top-notch provider will help you whether you are looking for cheap car insurance for young drivers or business car insurance. When you do a full market comparison with a site that offers more than 100 different providers, you can find a company that offers the right insurance package in addition to the right price. Insurance is one of the principal costs of running any business, so keeping costs low can make you much more competitive.
