Commercial vehicle insurance

Insuring your company car doesn't have to be expensive. You can save on the premium without having to settle for limited cover. By comparing , you can decide what is important and where to buy commercial vehicle insurance. Of course, you want the best company car insurance cover.

Insuring a company car is often complicated, but it is not that complex. Insurers offer insurance forms that are basically the same for all of them.

What is commercial motor insurance?

You take out company car insurance for the car that you use for business and that is also registered as such in the records. Company car insurance is more expensive compared to private insurance, but you can keep the differences limited by comparing car insurance on Alpina.nl. Employees are also allowed to drive the vehicle. Is the car used only for commuting? In that case, company car insurance is not strictly necessary. Insuring the car privately is then an option.

When to choose the company car insurance?

In a privately insured car, you may drive business kilometres. You may offset the kilometres driven against tax in the business administration. But this does not always apply. For example, you may use your private car to drive to a trade fair or a business meeting. For the delivery of meals and driving as a taxi, you need a company car insurance. If a car belongs to the assets of the company, you should choose a company car insurance. It does not matter whether it is a delivery van or a passenger car.

What does the company car insurance premium depend on?

The premium for the business car insurance has basically the same dependencies as the private policy. The number of claim-free years and the types of insurance determine to a large extent the premium for business car insurance. But there are more dependencies. Important is what the company car is used for. A van used to transport employees to a location carries less risk than a van used intensively on a daily basis by a plumber. The type of vehicle also plays a role.

Are the accessories included in the insurance?

With accessories, a subdivision is possible between accessories that are already fitted at the factory and accessories that are additionally fitted to the car. A tow bar can be an insurable accessory, but if it is fitted as standard, it is part of the new value. For example, the special equipment fitted to a delivery van for business use is a separate accessory to be insured. In the company car insurance you can include accessories in the insurance of your choice. In this way you can tailor the commercial insurance as much as possible to your wishes.

Opting for WA commercial motor insurance

You should choose WA insurance for commercial vehicles that are eight years old or older. Where the limit lies is strongly dependent on the value of the vehicle. A ten year old company car can still be worth a lot. The biggest disadvantage of the third-party insurance is that the insurer will not pay for damage to your own company car. In case of damage you can possibly hold the other party liable, but that does not apply if you yourself are liable for the damage. Do you think this coverage is too limited? Then choose one of the other two options for your business car insurance.

Opting for WA + limited casco commercial vehicle insurance

Naturally, the WA + limited hull insurance also offers coverage for damage caused to others. In addition, the own company car is also insured against a number of causes of damage listed in the policy conditions. This concerns the following coverages:

• Theft and damage due to attempted theft
• Lightning damage
• Collision with animals
• Hail damage
• Storm damage
• Window breakage
• Fire and explosion

You should choose this type of insurance if third-party insurance is too limited and all-risk cover is too expensive in relation to the cover. Especially for an older company car the most extensive insurance can be too expensive. You are not going to pay €1,000 in premiums if the company car is only worth €2,000.

Opting for all-risk business insurance

This insurance offers the coverage in the WA + limited casco plus additional coverage, such as

• Collision damage to own car
• Damage to the company car due to a slippery road surface
• Immersion of the vehicle
• Damage by vandalism

The all-risk company car insurance you choose for a new company car until the car is about three or four years old. This is an indication. You can also take out all-risk insurance for a six-year old company car. It is a question of weighing up the cover against the premium. As the vehicle ages, the market value decreases. As a result, it makes less and less sense to keep the company car insured.

Do you also need supplementary insurances?

In addition to the aforementioned insurances, you can also choose a number of supplementary insurances. Especially the accident insurance and the passenger indemnity insurance are often chosen additional insurances. Also consider the personal transport insurance. This offers coverage for theft from the company car. You can think about tools or goods that are being transported to customers.

Want to know what the premium is for a company car? Then calculate the premium online.