Tabou Posted 6 January 2009 Posted 6 January 2009 Couldn't be arsed to find a topic on this... Does anybody know of any companies that specialise with ex company car drivers when it comes to motor insurance? They all seem to say "Based on driving experience" i.e; they will give you some No Claims Bonus if your a 40 year old single bank clerk with a passion for driving slowly . Basically, I have been a company car driver for 3 and a bit years. What will they need from my employer to evidence this? Apologies for my complete lack of knowledge on the subject, and my lack of willingness to use google effectively...
hairy Posted 6 January 2009 Posted 6 January 2009 You will need a letter from your employer saying you have had no accidents for three years
Tabou Posted 6 January 2009 Author Posted 6 January 2009 You will need a letter from your employer saying you have had no accidents for three years That isn't a problem. But is that all that they will want?
The People's Hero Posted 6 January 2009 Posted 6 January 2009 Probably. You could also go with the insurance company who have been covering you on the company car for the past 3 years?
Tabou Posted 6 January 2009 Author Posted 6 January 2009 Probably.You could also go with the insurance company who have been covering you on the company car for the past 3 years? I was thinking this. It would appear that insurers do not wish to cover 21 year old males for a decent motor, even if they are really really really responsible. [/stating the bleeding obvious]
AoWW Posted 6 January 2009 Posted 6 January 2009 I've always really rated Adrian Flux as a car insurer. They tend to deal with specialist cars more - dunno what they would be like in your situation - but I've thrown some bizarre and unusual car insurance requests at them in the past and they've always had what I consider to be a very 'sensible' attitude. I feel they've judged on an individual basis rather than having the 'standard system' approach that many of the big insurers do who seem completely phased if you don't quite meet their 'perfect profile'. Adrian Flux seem to be on the verge of almost getting too big for their own good, but generally I've found their staff to be helpful and knowledgeable. Only once did I get someone 'dense' - I took his name, called back later - making sure I didn't get him again - any my query was then dealt with very smoothly. Anyway... might be worth a try... Link to their website
The People's Hero Posted 6 January 2009 Posted 6 January 2009 Adrian Flux benefit from actually underwriting a risk rather than just whacking your details in to a computer etc. It can work out better or worse depending on your risk profile in the eyes of the standard man. I know a good motor broker, want the details?
AoWW Posted 6 January 2009 Posted 6 January 2009 Adrian Flux benefit from actually underwriting a risk rather than just whacking your details in to a computer etc.It can work out better or worse depending on your risk profile in the eyes of the standard man. I know a good motor broker, want the details? I've managed to convince the 'standard men' at Adrian Flux that I'm lovely... if a little 'alternative' in my insurance requests!!! Still, I'm sure I make their mundane jobs more interesting for them. But g'on then... gimme the details. You never know...
The People's Hero Posted 7 January 2009 Posted 7 January 2009 I've managed to convince the 'standard men' at Adrian Flux that I'm lovely... if a little 'alternative' in my insurance requests!!! Still, I'm sure I make their mundane jobs more interesting for them. But g'on then... gimme the details. You never know... Remind me tomorrow during work hours.
AoWW Posted 7 January 2009 Posted 7 January 2009 Remind me tomorrow during work hours. Do I look like your PA? <_< Tie a knot in your hankie or summat.
Tabou Posted 7 January 2009 Author Posted 7 January 2009 Adrian Flux benefit from actually underwriting a risk rather than just whacking your details in to a computer etc.It can work out better or worse depending on your risk profile in the eyes of the standard man. I know a good motor broker, want the details? Yes please mate!
Jon the Hat Posted 7 January 2009 Posted 7 January 2009 Just get done over like me and pay £275 a month. What the hell are you driving? If it isn't a Bugatti Veyron sell it and buy a Fiesta.
Guest Posted 7 January 2009 Posted 7 January 2009 I'm getting quotes at the mo. It's costing me around £50 to protect my no claims. Is it worth it?
The People's Hero Posted 7 January 2009 Posted 7 January 2009 I'm getting quotes at the mo. It's costing me around £50 to protect my no claims. Is it worth it? What does that represent as a portion of the premium as a whole? NCD is a bit of a fallacy at the moment, no one is rating stuff probably - it's all just pricematch. Rates will harden though at some point and motor/household are usually the first to move so I'd suggest probably paying the £50. Just my tuppence though.
Guest Posted 7 January 2009 Posted 7 January 2009 What does that represent as a portion of the premium as a whole?NCD is a bit of a fallacy at the moment, no one is rating stuff probably - it's all just pricematch. Rates will harden though at some point and motor/household are usually the first to move so I'd suggest probably paying the £50. Just my tuppence though. I've 8yrs no claims, and not having it takes me under the psychological barrier of £300. My current insurers want £480! No fecking way.
AJF Posted 7 January 2009 Posted 7 January 2009 I'm getting quotes at the mo. It's costing me around £50 to protect my no claims. Is it worth it? Only if you plan on staying with the same insurer when it's due again for renewal. Protected bonus wouldn't matter if you were changing insurers - by that i mean take out the protected bonus and make a claim and your no claims discount will remain for the renewal with that insurer. You would still have to disclose the fact that you made a claim when shopping around at renewal and will more than likely be penalised for it with other companies. I wouldn't bother!
Guest Posted 7 January 2009 Posted 7 January 2009 Only if you plan on staying with the same insurer when it's due again for renewal. Protected bonus wouldn't matter if you were changing insurers - by that i mean take out the protected bonus and make a claim and your no claims discount will remain for the renewal with that insurer. You would still have to disclose the fact that you made a claim when shopping around at renewal and will more than likely be penalised for it with other companies. I wouldn't bother! Yeah, I know about disclosing it, which I have done. Just phoned the current insurers and told them the news, and they said they could look at my details again to see if they could shave a bit off the quote, but nothing has changed, so they couldn't. It's a real shame, as they were bloody good when some uninsured driver drove into my car last year.
The People's Hero Posted 7 January 2009 Posted 7 January 2009 Motor rates seem to be hardening a bit from what I've heard from people getting quotes recently, which is odd as the feeling within the industry seems to be that in an overall shrinking market (not that applicable to motor, I grant you) income (and not necessarily profit) has taken a front seat. FWIW, I'd protect your no claims, but there again with motor insurance I'm pretty risk averse.
Tabou Posted 7 January 2009 Author Posted 7 January 2009 Motor rates seem to be hardening a bit from what I've heard from people getting quotes recently, which is odd as the feeling within the industry seems to be that in an overall shrinking market (not that applicable to motor, I grant you) income (and not necessarily profit) has taken a front seat.FWIW, I'd protect your no claims, but there again with motor insurance I'm pretty risk averse. And you Broker is.....?
The People's Hero Posted 7 January 2009 Posted 7 January 2009 And you Broker is.....? I'm just getting hold of the details - will pm/facebook you in due course.
Alexikokopops Posted 7 January 2009 Posted 7 January 2009 New Cheap Car Insurance system... save £100s at speed. Current Record: £14/year fully comp! Watch any TV ad break and you'll see one for car insurance comparisons. Yet to really get a proper search, you need to combine them in the right order; and we've just done a mammoth reassessment of that. The Right Comparisons: Using Moneysupermarket* AND GoCompare* means you check 108 insurers and brokers in ten minutes. Then, if you've time add CompareTM*, Confused* and Uswitch* for 29 more. Grab Cashback: Go via hidden cashback website deals and get £100ish. Record Result: The best so far from following the full system is £14/year fully comp. (£134 quote then £120 from a cashback site). FULL step-by-step info in the Updated Guide: Cheap Car Insurance. That's from Martin Lewis, your favourite Tabou
Tabou Posted 7 January 2009 Author Posted 7 January 2009 I'm just getting hold of the details - will pm/facebook you in due course. Thanks Babes. Martin Lewis - Cock Nose.
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