Tax deductable expense
Motorcycle insurance for a company (ltd) owned bike
- Thread starter gabriel_gs
- Start date
It'll be a tax deductable asset
It won’t be if you can’t buy insurance.
Might it not be easier to own the vehicle conventionally (ie. registered in your name) to at least start building some ‘No claims bonus’.
Most Motor insurance in the UK operates at the lowest level of mass demand. That is: Joe Soap, with a standard vehicle, registered to his home address. Some bods even struggle at this most basic of levels, but hey-ho. In other words, you (with your zero no claims bonus and a motorcycle - make / model / value unknown - registered to a company) do not fit into that tidy box.
You’ll very probably get nowhere online. This means you’ll probably need the services of a specialist broker, not a chimp in a call centre. Try:
Principal Insurance
Howden Insurance
Lexham
Heritage
Note; These names are perhaps most often associated with ‘Classic’ or ‘Special Build’ (ie. Nonstandard) vehicles. But, with luck, one or more of them might have enough imagination to help you.
Good point, thank you. I'll try them.It won’t be if you can’t buy insurance.
Might it not be easier to own the vehicle conventionally (ie. registered in your name) to at least start building some ‘No claims bonus’.
Most Motor insurance in the UK operates at the lowest level of mass demand. That is: Joe Soap, with a standard vehicle, registered to his home address. Some bods even struggle at this most basic of levels, but hey-ho. In other words, you (with your zero no claims bonus and a motorcycle - make / model / value unknown - registered to a company) do not fit into that tidy box.
You’ll very probably get nowhere online. This means you’ll probably need the services of a specialist broker, not a chimp in a call centre. Try:
Principal Insurance
Howden Insurance
Lexham
Heritage
Note; These names are perhaps most often associated with ‘Classic’ or ‘Special Build’ (ie. Nonstandard) vehicles. But, with luck, one or more of them might have enough imagination to help you.
Progress?
Thanks for asking. I've tried Principal and Lexham so far. No luck. I have my cars insured via A-Plan, now Howden, so that is my next hit.
And insurance tax…Indeed they are completely separate.
The V5 is the responsibility of the government’s DVLA department.
The insurance of the vehicle is the responsibility of an insurance company. The only government interest in the insurance is that the vehicle must be insured to go on the road.
A bit late to the party here, but suggest it’s worth a try with Hastings.
