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Pool car question regarding insurance

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sistafromanothermista
sistafromanothermista Posts: 2,230 Forumite
Eighth Anniversary 1,000 Posts Combo Breaker Debt-free and Proud!
in Motoring
Hi everyone. Merry Christmas!
I have a question I’m hoping someone can answer for me.
I am due to start my new job on 2nd jan. my current hire car through my current job has to be handed back and my new job comes with a car allowance.
I want to wait for 2 wage packets before deciding what to do with the extra money (buy/hire/pcp) and in the interim 2 months my new boss has said I can use the pool car.
My question is this; I want to collect the car this week so I can use it to drive to work on my first day 2jan. What happens about the insurance? I don’t have separate insurance currently as the car is provided through work. Is a pool car already insured for anyone to use?
DEBT FREE AND PROUD:D
'Better to remain silent and be thought a fool than to speak out and remove all doubt'

Comments

  • Car_54
    Car_54 Posts: 8,837 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    That’s a question you need to address to your new employer. Normally insurered for any driver or any employee, but no-one here can answer.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    It's a company car, so it'll be insured by the company.

    Remember you'll be liable for BiK income tax on it.
  • chrisw
    chrisw Posts: 3,790 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    However, if you regularly take the pool car home at night, you may become liable to company car tax.

    https://www.businessmotoring.co.uk/pay-tax-pool-car/
  • facade
    facade Posts: 7,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You may find that it is insured for employees of the company. I don't think that you will be an employee until 2 January.


    Or it may be insured for anyone driving with the permission of the company, in which case you would be insured now.


    As Car54 says ask your new employer.
    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    facade wrote: »
    You may find that it is insured for employees of the company. I don't think that you will be an employee until 2 January.
    The OP wants to "wait for two pay packets" before committing to a car purchase, so I suspect they'll get lobbed the keys on their first day.
  • born_again
    born_again Posts: 20,377 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    AdrianC wrote: »
    The OP wants to "wait for two pay packets" before committing to a car purchase, so I suspect they'll get lobbed the keys on their first day.

    Except the OP wants then before he starts...

    Odds on they do not get them.
    Life in the slow lane
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