Business Insurance Question

[DRCAGE]

Hello!

I am hoping to start up a small business sometime soon and would like to store/work on my own cars at the business unit.

The business would be sub contract CNC machining, so not car related.

Is this something that can be done? Would the cars be under the business's contents insurance? Seems awkward! I'm googling stuff but I'm not getting anywhere!

[Insurancejon]

Very awkward as the cars I presume won’t be owned by the business either?

You need a good broker to set your business insurance up properly, and they make be able to tailor this to suit

Otherwise I would suggest that you just tell your vehicle insurers you are garaging them at work

[DRCAGE]

Insurancejon said:

Very awkward as the cars I presume won’t be owned by the business either?

You need a good broker to set your business insurance up properly, and they make be able to tailor this to suit

Otherwise I would suggest that you just tell your vehicle insurers you are garaging them at work

Nope I'm afraid they won't be owned by the business, I can see how that would make things easier!

I did see someone in another thread mention personal cars being covered, but pretty sure that was through a motor trade policy with a car related business.

Regarding "garaging them at work" as long as it was all legal I would be happy, two road cars and a race car, so as long as they are insured separately and I am honest with the insurers maybe that would be okay?

[Insurancejon]

DRCAGE said:

Insurancejon said:

Very awkward as the cars I presume won’t be owned by the business either?

You need a good broker to set your business insurance up properly, and they make be able to tailor this to suit

Otherwise I would suggest that you just tell your vehicle insurers you are garaging them at work

Nope I'm afraid they won't be owned by the business, I can see how that would make things easier!

I did see someone in another thread mention personal cars being covered, but pretty sure that was through a motor trade policy with a car related business.

Regarding "garaging them at work" as long as it was all legal I would be happy, two road cars and a race car, so as long as they are insured separately and I am honest with the insurers maybe that would be okay?

yes, as long as its disclosed and agreed with insurers