If you are looking to save money on your driving school insurance, read our guide below.
It contains the quickest and most popular ways to save money on your instructor insurance cover.
Money saving Driving Instructor Insurance tip #1
Invest in a new car if your one has seen better days. Newer vehicles to educate your students attract lower premiums. They are more reliable and better equipped reducing the risk of an accident.
Money saving Driving Instructor Insurance tip #2
Achieve a higher pass rate when sitting your qualifying exam. If you achieved a lower grade, re-take your test and gain a higher grade. Doing this will deliver a lifetime of favorable insurance policies and premiums.
Money saving Driving Instructor Insurance tip #3
No claims discounts. It is obvious a clean claims record will save you money but typically it will have had to be earned under your own company. If you worked previously with a driving agency and have now gone on your own, have them write a letter backing up your no claims, having this will allow us to quote you a much cheaper premium.
Money saving Driving Instructor Insurance tip #4
Other qualifications, always mention other qualifications you may have. Frequently they can help towards a better premium.
Money saving Driving Instructor Insurance tip #5
Make sure you have documented your years qualified as an instructor. Many instructors that we speak to aren’t sure how long they have been qualified. The more years you have been qualified, the bigger discounts we can offer you.
You can apply for Driving Instructor Insurance with Riscx Insurance. We will ask you the above questions to better help save you money!