Motor Trade Insurance with convictions
Motor trade insurance for convicted drivers
If you need motor trade insurance and have a previous
Figures released by the Department for Transport show that the number of convictions for road offences are increasing. The figures indicate that more than 5% of the drivers in the UK have penalty points on their licences.
Reducing the insurance premium after a criminal conviction?
Speeding and DR10 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, your premium should start to return to normal.
Positive steps include taking an advanced driving course and taking part in national awareness driving schemes. Agreeing to install a black box to monitor your driving should help lower your future premiums if the data proves your driving should pose a low risk.
Available convicted driver's 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 licence is suspended for six months or more. Once the ban is over, the fact that your driving licence 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 or being refused cover.
Criminal convictions are relevant when you are applying for motor trade insurance. They should always be disclosed to your broker. Full disclosure is required, the broker will then determine whether they are relevant or not.
Contact Your Broker
If you 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.
Motor trade insurance with convctions