Common business car insurance features

It's important to remember that you must have some business car insurance cover in place for your business cars. It is a legal requirement to have third party cover on any car; this kind of business car insurance cover will protect other people (and their property) if one of your cars is involved in an accident.

However, third party company car insurance cover won't give you any cover for any damage to your car or to the person driving it, so you may want to extend your cover to factor this in. So, you could, for example add:

• Fire and theft/comprehensive cover:  You can protect your business car and your employees by adding to basic third party cover on your company car insurance. Fire and theft cover, for example, will insure you against the theft of vehicles or if they are set on fire. Comprehensive cover on your business car insurance policy will insure you against other issues such as accidents, accidental damage, windscreen/window replacement, personal accident, and theft of car contents such as GPS systems and equipment.
  
  
• Breakdown services:  This kind of business car insurance cover will help you out if a company car breaks down.
  
  
• Hire/courtesy car services:  Some business car insurance policies will give you an automatic hire/courtesy car to use as part of your company car insurance if one of your company's vehicles needs repairs.
  
  
• Outside UK cover:  You may be able to buy business car insurance that also covers you for use of the car in another European country which can be useful if you or your employees may travel abroad on business trips.
  
  
• Personal use cover:  Many cheap car insurance for business use policies will also cover you for personal use of the car - i.e. so you can use a company car all the time and it isn't restricted to just business use. Cover may also be arranged for certain designated drivers who are not employees such as spouses, for example.

Important considerations

Bear in mind that not all company car policies are the same and they may come with different restrictions and levels of cover. For example:

• If you lease company cars, then the insurer may liaise direct with the leasing company if a claim needs to be made.
  
  
• Some company car policies will only insure a certain number of cars (i.e. four vehicles).

Cheap car insurance for business use insurers are keen to get new customers for business car insurance and it is therefore not a problem to find a cheap car insurance for business use. In fact, you can often get company car insurance at discounted costs. For example you may get a percentage off your business car insurance if you:

• Apply online
  
  
• Have a significant no claims bonus
  
  
• Restrict the number of named drivers that can use a specified car
  
  
• Add security devices

And, remember, the easiest way to get cheap car insurance for business use is to shop around for company car insurance quotes. So, decide what cover suits you and then see how low insurers can go! 

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