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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.
Public Comments
- Some companies will take it into account if you get a letter from your employer to confirm that you have not had any accidents.
- 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...
- 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.
- 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.
- 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.
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