Speed Awareness Courses \ Insurance

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08 January 2014, 11:32 PM

#31

dpb

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60 quid extra for 3 pts, or was for me back in mid 2000

Didn't need course tell me I was a tit

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09 January 2014, 09:54 AM

#32

Moley

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Quote:

Originally Posted by SRSport

If past 3 years has no baring on the premium then why ask? After all the bottom line is how much money they charge you. Why does them just knowing about it make any difference to anything?

They use it as a way of checking what you're like as a risk.

If They might only charge extra for convictions in the last 3 years, but if someone had several convictions 4-5 years ago they might not choose to insure that person.

It's about creating a risk profile.

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09 January 2014, 09:57 AM

#33

Moley

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.... also as a broker we deal with 40+ companies. Because some do charge extra for convictions up to 5 years we have to ask when we quote.

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09 January 2014, 11:56 AM

#34

joz8968

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Cheers for the clear up, Moley.

Makes sense, I guess.

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09 January 2014, 02:58 PM

#35

Wurzel

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http://news.sky.com/story/1192567/on...nsurance-costs

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09 January 2014, 04:28 PM

#36

Moley

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Quote:

Originally Posted by Wurzel

http://news.sky.com/story/1192567/on...nsurance-costs

Would come in handy.

We currently ask for a copy licence after setting a policy up. It's amazing how many people 'forget' they have convictions.

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09 January 2014, 06:06 PM

#37

speedking

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The insurance company has to show a link between having gone on a SAC, and therefore by definition having been caught exceeding the speed limit but been subsequently rehabilitated, and increased risk over someone who has not been on a SAC. Otherwise it is not a material fact.