Insurance for company car.... or not?

[Nosha123]

Hi All

I am about to get a new company leased car delivered. Previously will all other Company cars I have used people like Direct Line, Sheilas Wheels etc...

Apparently they dont insure Company cars... Not sure whether they have changed their policies or whether I wasnt asked the right questions last time round.

An insurance broker I asked says there is only one company he knows of that does Company Car Insurance and is getting a quote for us. He reckoned it would be very expensive and I would have to state 0 no claims as no previous history of company car policy...

Whats the darn difference? Same driver, kept at same address, mileage is the same, driven the same way... do I have to declare its a company lease car?

I have never gone this route before... and have had claims following accidents with no problems of pay outs being settled.

[Nosha123]

Thanks everyone!

[boxtops]

Nosha, here's one, there are others if you Google http://www.fleetcover.co.uk/

[Skyline D]

As an auditor I've looked at the insurance situation of lots of companies over the years. I've never come across one where the company has cars (doesn't matter whether they own them or lease them) and doesn't have a block fleet policy to insure them all. It must be hugely uneconomic to arrange them all separately presuming there is more than one (which is implied). Madness.

[woozer]

Hi Nosha - just noticed that you are about to be made a director - congratulations ! If you are a director of the company when you incept the insurance then this may change the insurers stance as you will then have a more tangible interest in the insurance. I know its boring but have another go at getting quotes in your own name declaring the status of the vehicle as leased by company but that you are a director - I am a commercial broker and do this a lot but of course I dont use the "direct market" which may be different

[tobe]

I found an online fleet insurance comparison site works best - check out https://www.cheapfleet.co.uk.

I insured my mixed van and car fleet through them.

[andy123eamonn]

Sorry for late reply, but the best option is to check comparative sites like mentioned https://www.comparefleetinsurance.co.uk and cheap fleet for starters