Does motor insurance become invalidated if you receive money for transporting goods or people?

Jasmine Peters At Home

Unless you have a policy specifically to allow you to carry paying passengers or goods, then yes!

**_**

Depends on the type of policy you have, but geneerally yes. Check the fine print on your policy.

Mark D

Unless you have business useage on your insurance yes it will invalidate your insurance. I believe you will be okay if you are only reimbursed for the fuel you have used though.

don c

read your policy. did you start being "for hire" or "commercial" after you bought the policy?

chelly

I would contact the insurance company. they will use any excuse not to pay out on a claim, so be on the safe side and let them know. The premiums will more than likely go up though.

MARK S

A lot of companies, not all, will exclude this unless it's for car pooling.

Amy H

it may not become invalid. if the company you are insured with, would have insured you anyway if you had declared it and you have a claim - they will charge you the extra premium. ie if you have social domestic and pleasure insurance and you paid Â£500, but they would have charged Â£700 for business use, then they will charge you the Â£200 extra before dealing with yoru claim. if they wouldnt have covered you, then they can throw your claim out and void the insurance policy. you are better off ringing them to find out if it would cost you any extra.

J G

Check your policy schedule - you'll see that your policy specifically excludes 'Use for hire or reward'. This is very explicit, and invalidates your insurance even for trivialities such as accepting a couple of quid for fuel for giving someone a lift home from work. Be VERY careful accepting money except for from very close family or very good friends.
If you're involved in an accident in which a paying passenger makes a personal injury claim, your insurance will disown you.

â™¥ Uwish â™¥

If you are involved in an accident while transporting the the good or people, then yes.

Most personal auto policies have this type of exclusion, generally saying the policy does not cover the auto while it is transporting people or goods for money.

In order to be covered while doing so, you would need a business policy which allows this.

Contact your local agent for further, more accurate information regarding your specific policy

oklatom

If you start transporting goods or people for profit, you are now a commercial venture and will need commercial plates and commercial insurance. Even as "pizza delivery" using your own car, you'd need a commercial policy to be covered. Call your agent.

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