{"id":323,"date":"2025-02-17T13:17:12","date_gmt":"2025-02-17T14:17:12","guid":{"rendered":"http:\/\/portraitsbylorie.com\/?p=323"},"modified":"2025-02-26T16:45:00","modified_gmt":"2025-02-26T16:45:00","slug":"do-i-need-business-car-insurance","status":"publish","type":"post","link":"http:\/\/portraitsbylorie.com\/index.php\/2025\/02\/17\/do-i-need-business-car-insurance\/","title":{"rendered":"Do I Need Business Car Insurance?"},"content":{"rendered":"
Nearly everyone with a personal car uses it to travel to work, and a fraction of those people use it during work hours for business-related reasons. Did you know that these same people, in the event of an accident, may not be able to file a valid claim? Using your personal car for business purposes means that you require business insurance to protect yourself in case of an accident.<\/strong><\/p>\n But what constitutes business-related driving? This article will explore this question, as well as the different classes of business car insurance, how to choose the right policy, and more.<\/p>\n Business driving is defined as using a vehicle for work-related purposes other than simply commuting to and from one fixed workplace. In the event of an accident, if you use your personal car insurance to make a claim, your insurance provider will investigate and look for evidence that details the particulars of the event. If they find that you filed this claim during business use, they will likely reject your claim.<\/p>\n The reason there is a distinction between personal car insurance and business car insurance is simple – business driving happens consistently, whereas personal car usage is a lot less frequent.<\/p>\n If you use your vehicle in any of the following common examples of business driving, you will need business insurance to ensure coverage:<\/p>\n Whilst it’s fair to reject the idea of purchasing business car insurance for your own car if your work-related driving is infrequent, keep it in mind if your job role changes for any reason.<\/p>\n Several types of business car insurance cover different needs:<\/p>\n Any type of business car insurance will be subject to a classification of use, which details the purposes for which vehicles will be insured.<\/p>\n We’ve gone over why, and who, needs business car insurance. But what specific incidents does it cover?<\/p>\n Liability coverage is a foundational aspect of all car insurance. In the event of accidents, business car insurance covers:<\/p>\n Business car insurance covers protection for not only your vehicle, but its contents, provided they are:<\/p>\n The cost of business car insurance in the UK will scale with coverage type. The averages are as follows:<\/p>\n If you are unsure that the expense of a business car insurance policy is worth it, consider the following.<\/p>\n In the end, whether or not you need business car insurance depends entirely on how often you’ll be driving in a business capacity. It’s still possible to make a successful claim using standard car insurance if business activities are hard to prove, or too light to be considered, but overall we recommend you always look at things, always, from a long-term logical perspective.<\/p>\n No. Business car insurance is designed for privately owned vehicles that are used jointly, or exclusively, for work purposes. A company car can be used in much the same fashion as a business car, but it’s owned by the company. Even if you are the owner of your company, you will be in a grey area with business car insurance. The company car insurance policy ensures you have full coverage.<\/p>\n Your business car insurance is more expensive than a standard car insurance policy due to the following:<\/p>\n The documents required for business car insurance typically include:<\/p>\n Always check with the specific insurer, as requirements may vary.<\/p>\n No. The reason is simple – business car insurance covers two things:<\/p>\n To drive any car, you need a policy with a “Driving Other Cars” (DOC) extension – which is rarely included in business car insurance. When it is, it’s often applied only to personal use, and not business use.<\/p>\n No. In the UK, insurance is exempt from VAT. You may be able to deduct the cost of premiums as a business expense when calculating your taxable profits, provided that the vehicle is sued for business purposes.<\/p>\n Many business car insurance policies cover international travel. Coverage for driving abroad may be included as standard in some policies, particularly within the EU, or may require a premium.<\/p>\n The post Do I Need Business Car Insurance?<\/a> appeared first on Real Business<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Nearly everyone with a personal car uses it to travel to work, and a fraction of those people use it during work hours for business-related reasons. Did you know that these same people, in the event of an accident, may not be able to file a valid claim? Using your personal car for business purposes…<\/p>\n","protected":false},"author":1,"featured_media":325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/posts\/323"}],"collection":[{"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/comments?post=323"}],"version-history":[{"count":3,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/posts\/323\/revisions"}],"predecessor-version":[{"id":328,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/posts\/323\/revisions\/328"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/media\/325"}],"wp:attachment":[{"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/media?parent=323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/categories?post=323"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/portraitsbylorie.com\/index.php\/wp-json\/wp\/v2\/tags?post=323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What constitutes business-related driving?<\/strong><\/h2>\n
\n
<\/p>\n
What kinds of business car insurance are there?<\/strong><\/h2>\n
\n
Standard business car insurance – business class<\/strong><\/h3>\n
\n
How does business car insurance work?<\/strong><\/h2>\n
Liability for accidents during business driving<\/strong><\/h3>\n
\n
Coverage for transporting work-related goods or passengers<\/strong><\/h3>\n
\n
What is the average business car insurance cost?<\/strong><\/h2>\n
\n\n
\n Type of Business Car Insurance<\/strong><\/td>\n Average Annual Cost<\/strong><\/td>\n<\/tr>\n \n Class 1 Business Use<\/strong><\/td>\n \u00a3627<\/td>\n<\/tr>\n \n Class 2 Business Use<\/strong><\/td>\n \u00a3750\u2013\u00a3850<\/td>\n<\/tr>\n \n Class 3 Business Use<\/strong><\/td>\n \u00a31,886<\/td>\n<\/tr>\n \n Commercial Car Insurance<\/strong><\/td>\n \u00a32,000\u2013\u00a33,000<\/td>\n<\/tr>\n \n Temporary Business Car Insurance<\/strong><\/td>\n \u00a315\u2013\u00a330 (per day)<\/td>\n<\/tr>\n \n Adding Business Use to Standard Policy<\/strong><\/td>\n \u00a350\u2013\u00a3100<\/td>\n<\/tr>\n \n Comprehensive Business Cover (Estimated)<\/strong><\/td>\n \u00a31,200\u2013\u00a31,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n How do you save money on business car insurance?<\/strong><\/h3>\n
\n
<\/p>\n
Conclusion<\/strong><\/h2>\n
FAQ – Can I apply business car insurance to my company car?<\/strong><\/h3>\n
FAQ – Why is business car insurance more expensive than standard car insurance?<\/strong><\/h3>\n
\n
FAQ – What documents are required for business car insurance?<\/strong><\/h3>\n
\n
FAQ – Can anyone drive a car with business car insurance?<\/strong><\/h3>\n
\n
FAQ – Can I claim VAT on business car insurance premiums?<\/strong><\/h3>\n
FAQ – Does business car insurance cover international travel?<\/strong><\/h3>\n