Hi all,
Currently my business consists of one van which is the one I use on a day to day basis.
Im taking on an 18 year old plumber in the next few weeks, he's already completed his NVQ2 and as such will be going out doing some small minor repairs in his own van from time to time.
Before I buy a second van for him I wanted to check out the other factors, namely insurance.
Ive tried speaking with several insurance companies and they have given me some ridiculous quotes, one of which was in excess of £10k (Aviva) which is out of the question. I've contemplated having him as a named driver on my policy, however that would mean that in the event of an accident my no claims may be effected, plus it also ties my no claims bonus up with one van and we obviously need two vans so Id have to start from scratch with the second van. Ive asked about fleet policies, however every insurance company I speak with have a minimum of 3-5 vehicles required in order to qualify for a fleet policy.
Back in my day insurance wasn't such a mine field and as an apprentice I drove the van on L plates and just changed the policy when I passed my test, but that's some 17 years ago!
I can't be the only person in this situation surely!?
Any help or advice would be greatly appreciated!
Currently my business consists of one van which is the one I use on a day to day basis.
Im taking on an 18 year old plumber in the next few weeks, he's already completed his NVQ2 and as such will be going out doing some small minor repairs in his own van from time to time.
Before I buy a second van for him I wanted to check out the other factors, namely insurance.
Ive tried speaking with several insurance companies and they have given me some ridiculous quotes, one of which was in excess of £10k (Aviva) which is out of the question. I've contemplated having him as a named driver on my policy, however that would mean that in the event of an accident my no claims may be effected, plus it also ties my no claims bonus up with one van and we obviously need two vans so Id have to start from scratch with the second van. Ive asked about fleet policies, however every insurance company I speak with have a minimum of 3-5 vehicles required in order to qualify for a fleet policy.
Back in my day insurance wasn't such a mine field and as an apprentice I drove the van on L plates and just changed the policy when I passed my test, but that's some 17 years ago!
I can't be the only person in this situation surely!?
Any help or advice would be greatly appreciated!