motor trade insurance for new driver
Discussion
ive had my license 4 days short of a year, no claims,
trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
the motor trade insurers are basing this soley on how long ive had a license and how many ncd i have
i severely disagree with this because even the insurance broker said it would take him 20 years to drive what i have in under a year
the motor trade especially should be looking at how much road experience do you have i can provide them proof for the 100,000 miles if they would allow that but they dont
would of been better passing my test, having a cheap car insured and just sat on my drive for 5 years then id be allowed a trade policy with absolutely no real road experience
trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
the motor trade insurers are basing this soley on how long ive had a license and how many ncd i have
i severely disagree with this because even the insurance broker said it would take him 20 years to drive what i have in under a year
the motor trade especially should be looking at how much road experience do you have i can provide them proof for the 100,000 miles if they would allow that but they dont
would of been better passing my test, having a cheap car insured and just sat on my drive for 5 years then id be allowed a trade policy with absolutely no real road experience
[quote=I am alright Jack]Don't tell them about the mileage you do/done. The more miles you do the higher the risk for them.
i understand what your saying but how can they say I'm a higher risk only been a new driver but yet i have 100,000 miles real road experience even the broker finds it ridiculous as he's had many people come through with 0 road expeience but because theyve had the license 5 years and have had a car insured even if they didnt drive it, they get policies no problem
i understand what your saying but how can they say I'm a higher risk only been a new driver but yet i have 100,000 miles real road experience even the broker finds it ridiculous as he's had many people come through with 0 road expeience but because theyve had the license 5 years and have had a car insured even if they didnt drive it, they get policies no problem
mtr2024 said:
i understand what your saying but how can they say I'm a higher risk only been a new driver but yet i have 100,000 miles real road experience even the broker finds it ridiculous as he's had many people come through with 0 road expeience but because theyve had the license 5 years and have had a car insured even if they didnt drive it, they get policies no problem
Proven trustworthiness. A bit like your credit history, doesn’t matter if you have £100,000 in the bank if you can’t prove that you are good to handle credit.You aren’t going to get the insurance industry to change their metrics on the offchance you are an anomaly to the historical statistics.
Motor trade policies are getting hard to obtain because so many abuse them, putting cars on for mates amongst other things.
Does your broker deal with specialist insurance? They would probably tell you that it ain,t going to happen if they did.
How many miles you have driven is here nor there, no way to prove you did them anyway. It is the license that is the issue.
Try South Essex Insurance Brokers, they will tell you if it is possible or not, but you are not trading cars, just driving third party owned cars? Which means you are permanetly driving them, and that is a different risk altogether.
A specialist broker will give you the SP.
Does your broker deal with specialist insurance? They would probably tell you that it ain,t going to happen if they did.
How many miles you have driven is here nor there, no way to prove you did them anyway. It is the license that is the issue.
Try South Essex Insurance Brokers, they will tell you if it is possible or not, but you are not trading cars, just driving third party owned cars? Which means you are permanetly driving them, and that is a different risk altogether.
A specialist broker will give you the SP.
Nobody is saying that it is fair OP. Sadly, the insurance industry relies on statistics. At the moment, the statistics don’t work in your favour, however, give it a few years and provided you have maintained a clean, accident free record, you will start to benefit. I’ve been driving 48 years and for the first few years, I was getting reamed (comparatively speaking), during the rest of my driving career, the payments and conditions have, on the whole, been reasonable, but as I’m getting older I expect the conditions and costs to get worse. There is no point me moaning about it, I will be the victim of statistics again. Driving is a privilege for me and I will keep on doing it for as long as I can afford to and be safe for me, my family and other road users. As my late Father once said, after I moaned about the cost of fuel/insurance/car tax/maintenance etc, “it’s part of the joys of motoring!”
I hope you have a long, safe driving career OP.
I hope you have a long, safe driving career OP.
anyoldcardave said:
Motor trade policies are getting hard to obtain because so many abuse them, putting cars on for mates amongst other things.
Does your broker deal with specialist insurance? They would probably tell you that it ain,t going to happen if they did.
How many miles you have driven is here nor there, no way to prove you did them anyway. It is the license that is the issue.
Try South Essex Insurance Brokers, they will tell you if it is possible or not, but you are not trading cars, just driving third party owned cars? Which means you are permanetly driving them, and that is a different risk altogether.
A specialist broker will give you the SP.
id be transporting them on a recovery truck not trade platesDoes your broker deal with specialist insurance? They would probably tell you that it ain,t going to happen if they did.
How many miles you have driven is here nor there, no way to prove you did them anyway. It is the license that is the issue.
Try South Essex Insurance Brokers, they will tell you if it is possible or not, but you are not trading cars, just driving third party owned cars? Which means you are permanetly driving them, and that is a different risk altogether.
A specialist broker will give you the SP.
Mr.Chips said:
Nobody is saying that it is fair OP. Sadly, the insurance industry relies on statistics. At the moment, the statistics don’t work in your favour, however, give it a few years and provided you have maintained a clean, accident free record, you will start to benefit. I’ve been driving 48 years and for the first few years, I was getting reamed (comparatively speaking), during the rest of my driving career, the payments and conditions have, on the whole, been reasonable, but as I’m getting older I expect the conditions and costs to get worse. There is no point me moaning about it, I will be the victim of statistics again. Driving is a privilege for me and I will keep on doing it for as long as I can afford to and be safe for me, my family and other road users. As my late Father once said, after I moaned about the cost of fuel/insurance/car tax/maintenance etc, “it’s part of the joys of motoring!”
I hope you have a long, safe driving career OP.
i get that im going to have to pay higher rates and im willing to accept that and i know they dont care about my mileage just winds me up that lads i know personally passed their tests parked cars on their drives for 5 years with insurance then instanly have a trade policy with 0 experience I hope you have a long, safe driving career OP.
mtr2024 said:
ive had my license 4 days short of a year, no claims,
trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
That's an average of 277 miles a day. Or 400 miles a day if you have weekends and bank holidays off. That sounds downright dangerous to me. I don't know how much you paid to be insured on these 4 vehicles, but I bet it wasn't enough. trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
TwigtheWonderkid said:
That's an average of 277 miles a day. Or 400 miles a day if you have weekends and bank holidays off. That sounds downright dangerous to me. I don't know how much you paid to be insured on these 4 vehicles, but I bet it wasn't enough.
That's about par for the course for a driver's job. I had a part-time job when I retired, delivering demonstrator cars around the country; an 'easy' day was 300 miles, but I regularly did ~500. It's something you get used to.Banbury - Edinburgh in a Giulia Quadrifoglio and return in an AMG C63 (same day) was quite easy (the best day ever!) but Aberdeen - Banbury in a Hyundai i10 was a bit of a trial!
mtr2024 said:
ive had my license 4 days short of a year, no claims,
trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
What are you actually doing for that mileage in four different cars.trying to get into vehicle collection/delivery but im blocked by being a new driver, my main issue with this is that since getting my license last september ive covered over a 100,000 miles in 4 vehicles so about 25,000 each
Are you driving your own cars on your own insurance or somebody elses? That could make a difference if the insurance is not in your name and you are not building up your own no claims.
Edited by Monkeylegend on Friday 30th August 21:10
littleredrooster said:
That's about par for the course for a driver's job. I had a part-time job when I retired, delivering demonstrator cars around the country; an 'easy' day was 300 miles, but I regularly did ~500. It's something you get used to.
Banbury - Edinburgh in a Giulia Quadrifoglio and return in an AMG C63 (same day) was quite easy (the best day ever!) but Aberdeen - Banbury in a Hyundai i10 was a bit of a trial!
Sure, but he wants that kind of job - he's not doing it now.Banbury - Edinburgh in a Giulia Quadrifoglio and return in an AMG C63 (same day) was quite easy (the best day ever!) but Aberdeen - Banbury in a Hyundai i10 was a bit of a trial!
Sheepshanks said:
littleredrooster said:
That's about par for the course for a driver's job. I had a part-time job when I retired, delivering demonstrator cars around the country; an 'easy' day was 300 miles, but I regularly did ~500. It's something you get used to.
Banbury - Edinburgh in a Giulia Quadrifoglio and return in an AMG C63 (same day) was quite easy (the best day ever!) but Aberdeen - Banbury in a Hyundai i10 was a bit of a trial!
Sure, but he wants that kind of job - he's not doing it now.Banbury - Edinburgh in a Giulia Quadrifoglio and return in an AMG C63 (same day) was quite easy (the best day ever!) but Aberdeen - Banbury in a Hyundai i10 was a bit of a trial!
Edited by littleredrooster on Friday 30th August 21:41
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