Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

insurance on company car

  • 13-07-2022 3:04pm
    #1
    blingrhino
    Registered Users, Registered Users 2 Posts: 1,144 ✭✭✭


    I am changing my private car to a new company car.

    all existing personal details are the same for the new car, same driver, kept at same address etc and not used for commercial use except i am registering it in the company name.

    Will this have an effect on the premium?



Comments

  • #2
    Allinall
    Registered Users, Registered Users 2 Posts: 7,009 ✭✭✭Allinall


    The company will have to insure it.

    You cannot insure something you don't own.



  • #3
    Miscreant
    Registered Users, Registered Users 2 Posts: 2,318 ✭✭✭Miscreant


    I would imagine that insuring it under a company name will immediately make the insurance company assume some element of Commercial use and quote accordingly. Why not call them and find out? Otherwise, all you will get here will be guesswork and conjecture as the Insurance industry is a funny one and each case is different. 🙂



  • #4
    AndrewJRenko
    Registered Users, Registered Users 2 Posts: 30,280 ✭✭✭✭AndrewJRenko


    You might have difficulties with your no claims bonus when you switch back from company car to personal.



  • #5
    Dirty Nails
    Registered Users, Registered Users 2 Posts: 491 ✭✭Dirty Nails


    https://www.boards.ie/discussion/2058254316/insurance-on-company-car

    Maybe I misread this, but your company is buying you a car, but to be only used privately?

    Think you should talk to your accountant as well as your insurance company.

    Revenue will probably have an opinion too :)



Advertisement