Why is professional sportsperson car insurance so high and how do you combat it?

Sports car on drive to promote leading sports insurance brokers Full Time Cover

Why is professional sportsperson car insurance so high and how do you combat it?

For professional sportspeople, finding car insurance can be hard work. Not only do many insurers shy away from offering a quote at all, but those who do can offer sky-rocketing premiums with no added benefits on offer. Why is this the case and what can you do to combat it?

As a professional sportsperson, you’ll face challenges every day. Training, nutrition and diet, dealing with criticism, dealing with injury and recovering from injury are some things that affect a sportsperson’s professional life, but how does your profession rub off on your personal life?

Well, as public figures you can be targeted by news outlets and the paparazzi on a daily basis. Stories, founded or unfounded, can influence public opinion and you have to deal with criticism on social media, rumours and controversy. Your friends and family could become targets and your personal life must be heavily guarded to protect your security and your privacy. But it goes further than that, too.

Even something as simple as insuring your car becomes a complex matter. If you go to an insurer directly or use a price comparison site for a quick quote, you’ll probably see sky-rocketed premiums that can be five times higher than the cost of regular car insurance or more. It doesn’t make sense, does it?


Why so high?
Insuring your car as a professional sportsperson is so high because some insurers are so reluctant to offer you cover in the first place.

One of the issues is that many insurers don’t treat you as an individual person. Instead, they might see you as a stereotypical footballer portrayed in the news; young, speeding, picking up fines and writing off exotic, very expensive cars. The reality could be that you drive a normal 4×4 or saloon car.

Insurers look at what could happen if you were involved in an accident, presuming the accident was bad enough to end your career. It’s difficult to calculate the amount of money you could miss out on, not to mention any prize money and money from sponsorship deals. To make matters even more complicated, insurers must also consider the fact that you could have fellow players in the car with you at the time of the accident. If the accident ends their careers too, the insurer is left panic-stricken. That’s why they err on the side of caution.


What we can do
If you’ve spoken to somebody about how to avoid inflated insurance premiums for your car insurance, there’s a good chance they advised you to speak with an insurance broker, who will speak with insurers for you to explain your specific needs and reason with insurers.

At Full Time Cover, we are an independent insurance broker specialising in insurance for professional sportspeople. It means that we appreciate the burden you have in finding car insurance and are always more than happy to do the legwork for you to get you the policy you deserve at a price that’s right for you.

We’ll consider the cars you drive – regular cars, 4x4s, classic cars and super and hyper cars -as well as where you drive them, in the UK or further afield. We’ll consider other things like mileage, level of cover, where they are stored and who else drives them to ensure what you need is what you get, nothing more and nothing less.

We know that professional sportspeople can be targeted by criminals so we can offer courtesy cars, windscreen damage, glass replacement and more to keep you protected wherever you are.

To get started with a strong policy at the right price, get in touch with our team today.