General Insurance Article - One in six fail to declare business miles to their insurer


16% of drivers using their own car for business have not told their insurance company. The AA advising business drivers to check their documents to ensure they are covered. “Adding business use to your policy is a small task, but can make a big difference” says AA Insurance MD

 One in six (16%) drivers who use their personal car for business trips have failed to inform their insurance provider, according to a poll by The AA.

 The survey of 1,855 drivers who use their personal car for work, also found that one in 15 (6%) could not remember if they had declared their visits to clients, off-site meetings and conferences.

 While three quarters (75%) of drivers have advised their insurer of the business miles they carry out, 16% say that they have underestimated the distance they travel.

 The AA is advising business drivers to check their policies to ensure they are adequately covered when they use their own car for work. While many standard policies will protect the main policyholder commuting to one regular place of work, those carrying out visits to multiple sites or clients should upgrade their policy to include business use.

 Similarly, some companies provide schemes where they have an insurance policy that will cover the business miles travelled by employees, but they need to the be registered to the scheme and may be required to take online learning or have a driving assessment.

 

 Without the correct insurance cover, some drivers may find themselves unable to make a claim if they were using the vehicle for a business trip but had not informed their provider.

 Gus Park, managing director of AA Insurance Services, said: “Some drivers who use their own cars for regular off-site business trips are running the risk of not being covered should the worst happen.

 “Adding business use to your policy is a small task, but can make a big difference. If you regularly travel to see customers or attend conferences, it is really important to make sure your policy is fit for purpose.

 “As well as checking your own policy, it’s also worth checking if your employer offers some form of business cover and if so, what you need to do to join the scheme.”
  

Back to Index


Similar News to this Story

IPT receipts triple in last decade
This morning’s HMRC Insurance Premium Tax bulletin reveals show that total IPT receipts for the last complete financial year 2024 to 2025 were £8.88 b
Insurance market capacity expands as systemic threats grow
Aon has released its Q2 2025 Global Insurance Market Insights report. The report outlines a rare and potentially short-lived moment in the global insu
Insurance market for hydrogen may reach over USD3bn by 2030
Hydrogen demand could increase fivefold by 2050, while clean production may rise to 60% by 2035, driven by significant investments and planned project

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.