Every person that operates a motor vehicle in the UK and Ireland must obtain auto insurance. Each year, thousands of uninsured drivers are stopped by police and taken into custody. Their vehicles are often towed and the drivers typically have their licences suspended. Driving without auto insurance is not only illegal, but also reckless. When an uninsured driver is in an accident, he will have to pay for the damages out of his own pocket.

Companies in the UK and Ireland that employ drivers or delivery services can apply for a special type of policy known as commercial insurance. Business owners are free to insure any vehicle that is used primarily for business purposes. This includes delivery vans, limousines, lorries, and automobiles.

What is the advantage? Though companies are not obligated to obtain commercial insurance over regular insurance, it is usually less expensive. Since people who drive for a living often have spotless driving records, commercial insurance providers typically offer businesses deep discounts over regular auto policies. We know that commercial van insurance claims in Ireland are quite rare. (more...)