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Home / Business

5m Brits risk car insurance

30 Oct, 2007 04:00 PMQuick Read

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KEY POINTS:

LONDON - Five million UK workers are at risk of invalidating their car insurance by using their own vehicles for business use, a survey shows.

The poll of more than 1700 people for insurance comparison website gocompare.com found that these employees drive an average of 303 business kilometres
per month, despite not being covered for business usage.

Private car policies typically provide cover for motorists driving to work, but not for other work-related use, including driving to company sites other than their usual workplace. Common business journeys made in a private car were travelling to a training course (31 per cent of those surveyed), going to the bank (25 per cent), driving to another office (24 per cent), travelling to meet clients or suppliers (23 per cent) and attending company away-days (15 per cent).

Hayley Parsons, managing director of Gocompare, said extending motor insurance cover to include business use could be "relatively inexpensive", with some insurers not charging additional premiums.

- Reuters

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