Looking for views on businesses to allow employees to use company owned vehicles for personal use and what systems they have set up around this for anyone who is doing it.

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Edited by user 20 January 2021 10:59:29(UTC)  | Reason: Not specified

Originally Posted by: AcornsConsult

Assuming there is already a company driving policy etc then no real issues for most drivers, providing the company's insurance cover is adequate   Things may be quite different if the company vehicle is unusual like a 32t tipper, hearse, etc

are you thinking of a specific or general set of circs.  

Interesting. Thank you for the response.

Pushing aside the notion of a policy in the abstract, but instead looking at this in the detail.

Assuming that a company accepts this, then regardless of insurance, I would assume that each member of staff would have their driving licence checked to ensure valid, and to cover the vehicle type (considering post-1997 licences),  points checked, competence assessed that the employee has knowledge of driving that range of vehicles. Equally, regardless of the insurance, the company would also be underwriting damage, injury or fatality in event of accident as well.

It is worth stating here I'm not looking at "company cars" which a employee has for their own personal us, but a vehicle a company owns (such as a pickup, flat back etc.) which an employee wants to use for their own person use (such as moving furniture between flats etc.)

If everything is conducted legally and above board the aggrevation to the business is often at greater cost than the employee privately renting the equivalent.

Most personal motor insurance policies have now switched to cover a single owned vehicle (3rd party cover now a cost option). In the old days the works van would been borrowed under the drivers insurance.

As mentioned there is the need to be assured a valid licence for the vehicle type is held.

Then there are the tax implications of both vehicle availability to the employee and fuel used. In the old days it would have been no overnight and bring the vehicle back with the same fuel level as when it left.

Modern tracking systems can also add to the problems - if they are fitted to reduce premiums by excluding journeys at certain times/days/regions and/or automatically trigger theft notification.

And keeping records of who and when for the arrival at the registered keepers address of parking and speeding fines.

Edited by user 20 January 2021 12:51:10(UTC)  | Reason: records