Insure yourself incase you lose your licence
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renault12ts
MB Club Veteran
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- Mar 5, 2009
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- 16,671
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- 2005 W215 CL500.
A licence to drive hard it seems to me. Lose your license and have a chauffeur for the time you're disqualified. Is this legal?
OP
OP
EDZ649
MB Enthusiast
I guess so, they are not the cause of you losing you licence...
renault12ts
MB Club Veteran
- Joined
- Mar 5, 2009
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- 16,671
- Car
- 2005 W215 CL500.
They are not the cause as you say. But if you did not have to worry quite as much about losing your licence, then you might not be so careful.
MercFanUk
MB Enthusiast
As a concept it's pretty good - morally not so much... Still, reading this now I'm amazed that normal insurers don't try and tack this on to policies.
st4
Banned
A good investment and an innovative product that deserves to succeed in this oppressive times.
renault12ts
MB Club Veteran
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- Mar 5, 2009
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- 16,671
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- 2005 W215 CL500.
Steve, it may be too late for you...how many points do you have at the moment?:bannana:
st4
Banned
Just the 3 
renault12ts
MB Club Veteran
- Joined
- Mar 5, 2009
- Messages
- 16,671
- Car
- 2005 W215 CL500.
Then go for the Platinum and enjoy the torque!!
3000
3000
st4
Banned
I've been enjoy the torque a lot. These V6's are lurvleeeeeeeeeeeeeee
Bellow
Hardcore MB Enthusiast
Same could be said for having an obliging wife at home prepared to drive you if you lose your licence or an even more obliging wife prepared to say she was driving when the offence occurred.
Don't say it doesn't happen because it is illegal. It happens.
st4
Banned
Why is paying for someone to drive you if you are banned illegal. I don't see how taking out an insurance to cover yourself for loss of licence is illegal?
Peter DLM
MB Enthusiast
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- Aug 24, 2007
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- Milton Keynes
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- 19 reg CLS 350d, 67 reg AMG GT R Caterham Levante
This product as been around for a very long time. I insured myself when I first arrived in the UK 13 years ago. Only had it for 1 year as I realised only the very unobservant get caught speeding where I live.
My licence was always in intensive care in Guernsey, and since being here I've avoided getting any points at all. *fantically gropes lots of wooden stuff*
My licence was always in intensive care in Guernsey, and since being here I've avoided getting any points at all. *fantically gropes lots of wooden stuff*
MarkJunedd
Active Member
+1 . I cant see how its illegal in any way, after all we all (hopefully all ) pay insurance to cover ourselfs in the event of an accident so how is this different? (says the man with the halo and a clean licence for 26 yrs!)
Spin_bowler
MB Enthusiast
I have one of these policies with another provider. I have nine points, accumulated over the last 2.5 years and 90,000 miles. One of those things.
I like the fact it's there in case the worst did happen but that outcome is exactly that, it is the worst case scenario. Losing my licence would still be a huge inconvenience even if I could offset costs incurred as a result against this policy.
I am always mindful that I have nine points when I'm driving.
khimani_mohiki
Active Member
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- Jul 22, 2009
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- Southam, Warwickshire
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- 1992 190E, 1989 500SEC, 1968 220/8
the small print is very encouraging;
"LicenceGuard is issued by the Isle of Man Assurance Limited (IOMA). You will not be protected by the Financial Services Compensation Scheme if the insurer is unable to meet its liabilities to you."
"LicenceGuard is issued by the Isle of Man Assurance Limited (IOMA). You will not be protected by the Financial Services Compensation Scheme if the insurer is unable to meet its liabilities to you."
Maff
MB Enthusiast
I also have this insurance, not with this firm but via my current HISCOX policy. Hopefully I will never need to use it though.
On top of this I also have number plate insurance included as part of my policy, so if my car is written off or stolen with a personalised number plate on it (which means I have then 'lost' that plate, they will reimburse me for the cost of that personalised plate).
On top of this I also have number plate insurance included as part of my policy, so if my car is written off or stolen with a personalised number plate on it (which means I have then 'lost' that plate, they will reimburse me for the cost of that personalised plate).
mbenz76
MB Enthusiast
- Joined
- Dec 11, 2009
- Messages
- 1,055
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- E350 AMG Night Edition Premium Plus Saloon
The policy is a good ides, but as has been said, losing your licence will still be a huge inconvenience. A driver is no good to me if I want to pop out late in the evening and he isn't at my house waiting just in case!
And after all, I would miss driving myself and my car.
I have no points in my licence, but it has not always been like that. I once had 9, and when it dropped I kept pushing it back up. Spent about 4-5 years up and down between 6 an 9.
Hit a mobile camera van overtaking someone when I was on 9 points - luckily I wasn't over the tolerance but it seriously slowed me down. Not had a single point on my licence since then.
And after all, I would miss driving myself and my car.
I have no points in my licence, but it has not always been like that. I once had 9, and when it dropped I kept pushing it back up. Spent about 4-5 years up and down between 6 an 9.
Hit a mobile camera van overtaking someone when I was on 9 points - luckily I wasn't over the tolerance but it seriously slowed me down. Not had a single point on my licence since then.
flango
Hardcore MB Enthusiast
I've been there too in my younger days when I was a Rep, managed to get to 9 points, so took out one of these specialist policies just in case, They've been about a while some reputable some not so reputable. So if you are thinking of going there do your home work
