Cheap Motor Insurance for Pilots????
Cheap Motor Insurance for Pilots????
Guest
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Have to say that if there are any companies that specialise in car insurance for pilots, I havn't heard of them.
Occupations do affect car insurance, ie; if you were a builder then you'd pay more as your car is likely to be on a building site and therefore at risk from accidental damage. Pilots? Negligable, if anything they would pay less as they are in a highly skilled profession (therefore know how to drive a car!) and the car is likely to be kept in a locked compound at the airport when away from home. Of course you have to factor in all the other risks like NCD, convictions, claims history and experience.
I will do a check up on this when I am back at work on Monday, but I feel sure pilots pay less.
Maybe airlines offer car insurance? You can get motor insurance from the supermarket these days so who knows!
VFE.
Occupations do affect car insurance, ie; if you were a builder then you'd pay more as your car is likely to be on a building site and therefore at risk from accidental damage. Pilots? Negligable, if anything they would pay less as they are in a highly skilled profession (therefore know how to drive a car!) and the car is likely to be kept in a locked compound at the airport when away from home. Of course you have to factor in all the other risks like NCD, convictions, claims history and experience.
I will do a check up on this when I am back at work on Monday, but I feel sure pilots pay less.
Maybe airlines offer car insurance? You can get motor insurance from the supermarket these days so who knows!
VFE.
Guest
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Island Hopper,
VHF was correct when he said occupation does effect your insurance. Insurance companies sometimes frown on pilots. They feel that because you work long hours, in a sometimes stressfull job and could be jet-lagged, theres a higher risk of you being involved in an accident.
Dont quote this as being 100% true, this is just what a friend of mine in the motor insurance trade told me!
VHF was correct when he said occupation does effect your insurance. Insurance companies sometimes frown on pilots. They feel that because you work long hours, in a sometimes stressfull job and could be jet-lagged, theres a higher risk of you being involved in an accident.
Dont quote this as being 100% true, this is just what a friend of mine in the motor insurance trade told me!
Guest
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All insurance risks are based on measured statistics. If lots of pilots have accidents, for whatever reason they will charge more. Certainly for the last 30 years pilots have paid more, RAF pilots invariably gave their profession as RAF Officer not pilot, it made a difference. Something to do with driving fast I suspect. Doctors are also a high risk group!
Guest
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I know I maybe shouldn't admit to this but I will anyway - you should always take whatever the insurance guy, on the other end of the phone, tells you with a pinch of salt. They will tell you anything, as long as they don't breach the ABI code then that is OK.
If the telesales guy says you have a high price because you are a pilot then he/she is likely to be clutching at straws - they maybe cannot explain why your car insurance is so high so they hit on the occupation factor. I know this to be true as I used to be on the phones!
Builders are the highest occupation risk followed closely behind by every other manual labour orientated job where the car is in a position where damage could quite easily happen.
As I say, I will follow this one up when I get in the office on Monday. My hunch, through my experience, is that pilots are pretty far down the scale.
Let you know the score on Monday.
Take care, VFE.
PS: All companies have differing underwriting criteria so what is the case with firm A, may be the opposite with firm B.
Welcome to the fickled world of insurance!
[This message has been edited by VFE (edited 17 March 2001).]
If the telesales guy says you have a high price because you are a pilot then he/she is likely to be clutching at straws - they maybe cannot explain why your car insurance is so high so they hit on the occupation factor. I know this to be true as I used to be on the phones!
Builders are the highest occupation risk followed closely behind by every other manual labour orientated job where the car is in a position where damage could quite easily happen.
As I say, I will follow this one up when I get in the office on Monday. My hunch, through my experience, is that pilots are pretty far down the scale.
Let you know the score on Monday.
Take care, VFE.
PS: All companies have differing underwriting criteria so what is the case with firm A, may be the opposite with firm B.
Welcome to the fickled world of insurance!
[This message has been edited by VFE (edited 17 March 2001).]
Guest
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There was a report in most newspapers about a year ago which stated that Airline Pilots were the least likely to be in an automobile accident. I seem to recall that the article said something to the effect that "Gone are the days when pilots got out of their Spitfires and flew down the road at high speed in their motorcycle. These days pilots are most likely to get out of their large commerical jet and drive slowly down the M1 in their Volvos".
It was suggested at the time that pilots may possibly enjoy a reduction in their rates, but I have to say mine have never decreased. Apparently chefs are up their with builders for the most at risk - for some unknown reason.
[This message has been edited by Milo (edited 18 March 2001).]
It was suggested at the time that pilots may possibly enjoy a reduction in their rates, but I have to say mine have never decreased. Apparently chefs are up their with builders for the most at risk - for some unknown reason.
[This message has been edited by Milo (edited 18 March 2001).]
