Insuring a courtesy car for any driver

[Evoluzione]

It would help me greatly if people could come in, leave their cars with me to fix and take away a courtesy car (to leave me in peace). I have such a car (an old MX5 worth 1.5 - £2k), it's not worth much so I won't be bothered if it gets damaged.

Does anyone have any rough idea of cost or insurance companies to approach? Given what it is, as long as it's legal then cheap as chips will do.

[GliderRider]

Without any further information on the exact nature of the business, it appears that you are approaching this from the wrong end. A courtesy car should be cheap to run and insure, so having a sports car which is known for catching out unwary drivers and has insurance grouping that reflects this, would not be the first choice of courtesy car that I would offer.

If the reason for having the MX-5 as the courtesy car is to allow you to drive it whilst insuring it on the company, then that's a different matter.

[joropug]

If you have a premises , phone a local broker and get a proper motor trade policy if you haven't already. You can add courtesy car cover.

If you're from home it'll probably be tradex or similar.

[Evoluzione]

Thanks, i'll follow it up.

[voicey]

I have a small fleet of courtesy cars made up of hand me downs. I found that courtesy car insurance was far too expensive for me to justify so I make it the customers problem. We have terms and conditions of us lending a car to them, one of which is that they are responsible for insurance (I only require third party). Most customers will have a policy that covers them but a very small number buy temporary insurance, usually just for the days they drive the car from/to the workshop. It works very well and we’ve not had a single customer complain about the arrangement.

[eltax91]

voicey said:

I have a small fleet of courtesy cars made up of hand me downs. I found that courtesy car insurance was far too expensive for me to justify so I make it the customers problem. We have terms and conditions of us lending a car to them, one of which is that they are responsible for insurance (I only require third party). Most customers will have a policy that covers them but a very small number buy temporary insurance, usually just for the days they drive the car from/to the workshop. It works very well and we’ve not had a single customer complain about the arrangement.

This. Make it their problem. My insurer covers me for ‘the loaning of a car from a motor trader whilst yours is in for repair or maintenance, as long as it’s not damaged and declared a total loss’