van insurance

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Clever Forum Name

  • Posts: 5942
18 year old and a van……
« on: July 24, 2022, 12:38:32 pm »
Hi Guys,

One of my employees has expressed an interest in going out on his own.

He will be 18 with less than a years driving experience.

I’m getting prices of around £4500-£5500 for small vans and even CD vans.

Apart from having him as the main named driver and the policy in my name is there anything I can do?

TIA

AuRavelling79

  • Posts: 25382
Re: 18 year old and a van……
« Reply #1 on: July 24, 2022, 02:07:54 pm »
Hi Guys,

One of my employees has expressed an interest in going out on his own.

He will be 18 with less than a years driving experience.

I’m getting prices of around £4500-£5500 for small vans and even CD vans.

Apart from having him as the main named driver and the policy in my name is there anything I can do?

TIA

Am I missing something? Why are you assisting an employee to go on his own?
It's a game of three halves!

Pete Thompson

  • Posts: 960
Re: 18 year old and a van……
« Reply #2 on: July 24, 2022, 02:14:54 pm »
Hi Guys,

One of my employees has expressed an interest in going out on his own.

He will be 18 with less than a years driving experience.

I’m getting prices of around £4500-£5500 for small vans and even CD vans.

Apart from having him as the main named driver and the policy in my name is there anything I can do?

TIA

Am I missing something? Why are you assisting an employee to go on his own?

Because 1 person per van is by FAR the most efficient and profitable configuration.

(I think he means still as an employee, just not with another team member)

My employee is 22, and getting insurance on the van cost approx £130 per month.

Annoying, but more than offset by the extra profit from lone working.

(That was Alexander Swan)

Clever Forum Name

  • Posts: 5942
Re: 18 year old and a van……
« Reply #3 on: July 24, 2022, 03:10:03 pm »
Hi Guys,

One of my employees has expressed an interest in going out on his own.

He will be 18 with less than a years driving experience.

I’m getting prices of around £4500-£5500 for small vans and even CD vans.

Apart from having him as the main named driver and the policy in my name is there anything I can do?
TIA

Am I missing something? Why are you assisting an employee to go on his own?

I franchise and employ :) but this would be him working alone instead of in a two man team.

AuRavelling79

  • Posts: 25382
Re: 18 year old and a van……
« Reply #4 on: July 24, 2022, 04:25:24 pm »
Ah. Gotcha. I misunderstood.
It's a game of three halves!

Smudger

  • Posts: 13438
Re: 18 year old and a van……
« Reply #5 on: July 24, 2022, 07:31:43 pm »
If you find something let me know - we couldn't get anything for under 21 Y.O (well that was cheaper than a new van  ::)roll )

it can still be painful for those under 25 - depends a lot on the van size and tank you have

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

Clever Forum Name

  • Posts: 5942
Re: 18 year old and a van……
« Reply #6 on: July 25, 2022, 12:55:38 am »
If you find something let me know - we couldn't get anything for under 21 Y.O (well that was cheaper than a new van  ::)roll )

it can still be painful for those under 25 - depends a lot on the van size and tank you have

Darran

Tried transit connect
Ford Fiesta van
Ford Fiesta - using barrels

All coming out at over 5K!

I would need to seriously look at the profit on sending him out alone as 5K is a lot. I’m sure it would be worth it.

Smudger

  • Posts: 13438
Re: 18 year old and a van……
« Reply #7 on: July 25, 2022, 09:05:19 am »
You will both have to wait until he’s 21

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

Splash & dash

  • Posts: 4364
Re: 18 year old and a van……
« Reply #8 on: July 25, 2022, 06:14:04 pm »
You will both have to wait until he’s 21

Darran

I found it was very expensive until they  were 25

Ggh

  • Posts: 1776
Re: 18 year old and a van……
« Reply #9 on: July 28, 2022, 09:06:18 pm »
If you find something let me know - we couldn't get anything for under 21 Y.O (well that was cheaper than a new van  ::)roll )

it can still be painful for those under 25 - depends a lot on the van size and tank you have

Darran

Tried transit connect
Ford Fiesta van
Ford Fiesta - using barrels

All coming out at over 5K!

I would need to seriously look at the profit on sending him out alone as 5K is a lot. I’m sure it would be worth it.

Had one in a combo recently, 20yr old. I’ll find out who with….