IHAVE

Sunday Independent (Ireland) - Business & Appointments - - FRONT PAGE -

been em­ployed as an ac­coun­tant with a large multi­na­tional for the past seven years with the full use of a com­pany car but now I am now look­ing to start my own busi­ness. I have been check­ing var­i­ous in­sur­ance quotes for a new car, but be­cause I don’t have a no claims bonus, the quotes are all com­ing in at in ex­cess of €1,500. I have al­ways had my own pol­icy and never had a claim. I haven’t had any ac­ci­dents, or claims or penalty points. Is there any­thing I can do to get a lower premium? Brona, Co Louth OKAY, I am go­ing to as­sume that be­cause you say you had full-time use of this ve­hi­cle for the seven years, cou­pled with the fact that you have had no ac­ci­dents or claims, my guess is that the in­sur­ers you have spo­ken with do not al­low dis­counts for com­pany ve­hi­cle use. The good news is there are in­sur­ers that will take into ac­count the driv­ing ex­pe­ri­ence you have, and based on this they will al­low you a sim­i­lar dis­count to that given to driv­ers who have a no claims bonus. My ad­vice is to get a let­ter from your em­ployer stat­ing you have had full-time use of com­pany ve­hi­cle and that you have no claims, bring this let­ter with you to a bro­ker that has ac­cess to the in­sur­ers I men­tion above, and you should then see the prices dra­mat­i­cally re­duce.

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