Hopefully this will not be as shocking to you as it has been to me.
My husband has commercial insurance for his van (small business). We recently made an accident claim. Did you know that if, as a business, you are VAT registered, you are responsible for paying the VAT on the repairs in addition to your excess amount. We didn't until know. In our case we have to find another £700.00 (estimate at the moment) on top of the excess before we can get the van back from the garage. Of course we can claim this back in our next VAT return but unfortunately, this won't be until October. Insur