Motor Company car insurance for U25 as named driver

Discussion in 'Insurance not covered in other forums' started by Liverpool, 9 Jan 2019.

  1. Liverpool

    Liverpool Registered User

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    20
    Hi,
    does anyone know a broker who can quote for a company car insurance with a director as main driver and a named driver who is U25?
    Having no luck so far.
     
  2. peteb

    peteb Frequent Poster

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    1,617
    Too many different factors. Is it a van? Is it a car? Do you have an NCB? What industry? What use?
     
    Ravima likes this.
  3. Liverpool

    Liverpool Registered User

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    20
    Its a car - really interested in an electric car for BIK purposes - in the Telecoms/IT business with very little actual business mileage each year < 10Km. Full NCB.
     
  4. RedOnion

    RedOnion Frequent Poster

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    2,056
    Is the named driver an employee of the company, or is that the issue?
     
  5. Liverpool

    Liverpool Registered User

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    20
    Yes an employee with a full license but does not have a car
     
  6. mathepac

    mathepac Frequent Poster

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    6,571
    Forgive my cynicism and directness, but are we flirting with "fronting" here?
     
  7. RedOnion

    RedOnion Frequent Poster

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    Very strange that you can't get cover. You might need to get an open drive policy, but something to watch out for is if the policy is in company name rather than yours is that you might end up not having an NCB in your own name in future.
    Most company open drive policies have s minimum age of 23.
    I can't recommend a specific broker, but I'd Google one that does fleet insurance to see if they could help. It's not a fleet policy, but they're likely the same underwriters.
     
  8. Liverpool

    Liverpool Registered User

    Posts:
    20
    I can get cover and add business use but only with private car insurance which doesn't help me with by BIK ambitions!. I have tried a few of the fleet insurance companies but I think as it is pretty unique its not worth their time or the person on the phone is just not authorised or able to go outside the norm and only interested in 'fleet' work for 3 or more cars.
     
  9. Ravima

    Ravima Frequent Poster

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    2,405
    a FLEET is what is says, a fleet, not a single car. Most insurers have minimum of 5 cars on a fleet policy.

    Would you not consider policy in your own name, with named driver and indemnity to the company?