Motor Trade Insurance with Convictions
Protect your Traders Business. Compare quotes from multiple brokers.
Motor trade insurance for convicted drivers
If you need motor trade insurance and have a previous driving conviction start by comparing the costs over multiple UK brokers. We can assist you in this important step by sharing your motor trade insurance with a select panel of UK underwriters.
Convicted drivers and motor trade insurance is needed by more than 5% of the drivers in the UK who have penalty points on their licenses. This figure rises up to 20% when the four year period they have to be reported to an insurance company.
Reducing the insurance premium after a criminal conviction?
Speeding convictions are common and make you a higher risk to the underwriter. You will still be offered insurance, but the price will be high. When you can show that you have taken positive steps to become a more careful and knowledgeable driver then you will get a better quote.
This can be accomplished by taking an advanced driving course and taking part in national awareness driving schemes. By installing a black box to monitor your driving is also very effective.
Available convicted drivers insurance for the following trades
Minor motoring convictions
The majority of all minor motoring convictions will remain clearly visible to the DVLA for a period of three years from either when the offence took place or from the date of conviction.
Serious Motoring Convictions
The more serious motoring convictions such as drinking and driving charges (DR10) will remain active for a much longer time and can be on your record up to eleven years.
Totting up the penalty points
When a driver attains 12 penalty points their license is suspended for six months or more. Once the ban is over, the fact that your driving license was suspended will remain on your record for up to four years.
Make sure you always tell your broker about all convictions
It is always best to be honest with your insurance provider at all times. Your policy may become invalid if you hold back information. Insurers don’t look favourably on a customer who holds information on convictions back and place you in a higher risk category increasing your premium costs.
Criminal convictions are relevant when you are applying for motor trade insurance and they always should be disclosed to your broker. If there are even any tiny relevant material facts that relate to your conviction, you should tell your insurer who will then determine whether they are relevant or not.
Contact Your Broker
If you do indeed have any motoring convictions or criminal convictions and you’re looking to take out a motor trade insurance policy, the best thing you can do is disclose everything right upfront from the very start. This will prevent problems later. If you are not sure, then the absolute best thing to do is ask. It’s always better to be safe than sorry.
Motor trade insurance with convctions