Tips for Lowering Your Fleet Car Insurance

Company Car Use Can Affect Your Insurance

In times of recession people will do what ever they can to lower the cost of motoring and in particular it has been reported that many company vehicles are being used for use they are not really supposed to be use for and this could have an impact on the company’s car insurance cover.

Many companies insure their fleet vehicles with the caveat that the insurance is based on business use only. There are many aspects that affect the overall premium of the car insurance policy and the use aspect is a very important element.

Some companies will include the social domestic and pleasure aspect in the use criteria but many stick to private business use only with the expectation that the car or van will only be used for the companies private business use. As motoring costs get tougher though, many employees might get tempted to use the vehicle for personal use too and this is where problems arise.

If you are responsible for your business fleet car insurance and maintaining the company’s car fleet you might want to take heed of the driving habits of our employees particularly in tougher times. Temptations to use company cars and vans outside of their use criteria can in some cases invalidate the insurance when claims are investigated.