Car Insurance for the newly retired. Do insurance companies take account of drivers of company cars ?
I have been driving for about 44 years and have had a company car for the last 20 or so. When I retire, will an insurance company take account of this with no-claims discount for a car of my own?
I do own a classic car on a special classic car policy but as it is very cheap with limited mileage (1500 miles) applying there is no ncd.
You can ask your ex employer for a letter saying that you have have driven their vehicles for x years without a claim, which should go towards a few extrs years NCB form your insurance.
Good luck and enjoy your retirement.
February 6th, 2010 at 7:39 pm
Some companies will take it into account if you get a letter from your employer to confirm that you have not had any accidents.
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February 6th, 2010 at 8:27 pm
Yes I have done this Have got confirmation from the company insurers that I had been driving without claims and I was then allowed 5 yrs NCD on my own car insurance…
References :
February 6th, 2010 at 8:42 pm
You can ask your ex employer for a letter saying that you have have driven their vehicles for x years without a claim, which should go towards a few extrs years NCB form your insurance.
Good luck and enjoy your retirement.
References :
February 6th, 2010 at 9:16 pm
Yes. You need a letter from your fleet operator confirming no claims, and you may have to go to one of the premium insurers rather than the cheapos. I got full NCD with Zurich via Swinton brokers when retiring.
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February 6th, 2010 at 9:26 pm
If you get a letter from your employer stating.
The length of time you had the sole use of a company car.
That you could use it for pleasure.
That you no longer have the use of the car from ../../….
AND GO TO A BROKER.
You will find that a substantial discount can be allowed.
You must NOT assume that such a letter is ‘proof of a no claims bonus’ – your broker knows how to get you the best deal with the letter.
References :
Insurance Broker.