Ex-company car drivers who have left their employer's car scheme and perhaps taken a car allowance to enable them to buy and run their own car will also need to consider the implications of requiring car insurance, but without the advantage of having any no claims bonus to reduce their car insurance premium.
QuoteRack's specialist insurance brokers are able to offer former company car drivers who are in this situation the opportunity to obtain an introductory no claims bonus, which will go some way to reducing their car insurance premiums and to give them some 'credit' for often many years' company car driving experience.
So if you are a former company car driver and you are looking to insure a car in your own name for the first time, QuoteRack's brokers can offer help and advice on how best to obtain car insurance for ex-company car drivers.
Ex-Company Car Insurance - resources
HMRC Company Car Tax Rules
It may not make for happy reading, but you'd be wise to consider the tax implications of running a company car
What Car - Company Car Tax Calculator
Simply select your company car and What Car's online tax calculator will tell you what your tax liability is for your own company car.