Kanetix Forum

Hi,
I have been trying to get quotes on all sorts of vehicles. My premium seems to be very expensive due to 2 tickets I have. I have not been insured under a personal account, but I have been working at car dealerships for the past 2 years and have been under their fleet insurance. Can this help reduce my premium?

To address your question, if you get your hands on something called a 'letter of experience' (LOE) which you can get from the insurance company that insured you under the fleet policy, it can act as prior driving experience which might help you to reduce your premium.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.

For more information about a 'letter of experience,' you may want to check out this article found on Kanetix.ca titled:

• I've been asked to provide a Letter of Experience: What is it, what does it include, and who can give it to me?