Seasoned driver and motorsport fan, your extra-professional activity thrills you? We understand you!
Unfortunately, the practice of extreme motor sport is very often considered a dangerous and risky activity by traditional insurance companies.
Yes, know that your borrower profile scares the banks!
No choice: loan insurance will be required and imposed in order to be able to contract your credit!
With your pencils, I borrow I assure you gives you his advices to find your insurance in spite of the practice of your motor sport;)
Supervision of your practice
Do you carry out your extra-professional activity under the supervision and supervision of a reception structure?
If the answer is yes, know that the banks each have their own standards and regulations regarding surcharges and exclusions and that for many of them, the supervision of your exercise can considerably reduce the risk of refusal to which you can cope.
Insurance companies offer more or less suitable contracts depending on the sports at risk, which is why it is important to compare the different loan insurance contracts.
Did you know ?
When choosing your insurance, you have the right (and even have the obligation) to know the list of the 11 guarantees required by your bank. They constitute the standards of the Financial Sector Advisory Committee (CCSF). These 11 criteria must be taken into account in order to respect the guarantee equivalence in the event of a change of insurance contract.
Inform the insurance company about your situation
You will find that when you take out borrower insurance, you will have to submit to a collection of information. Indeed, many subjects will be discussed and many questions will be asked, these relating to:
- To your state of health
- To your extra-professional activities
- To your lifestyle
This is key information that will determine your level of risk. Do not try to lie or hide certain key information and be as honest as possible in order to benefit from real offers in accordance with your needs.
Resulting from this collection of information, the Insurance:
- Will provide you optimally at the normal rate
- Reject your request
- Will offer you a contract increased and / or made up of any specific exclusions
The higher your risk level of injury and / or death is deemed by the Insurance Companies, the more likely you are to have your application refused. Many Companies indeed refuse to support this weight.
To find out more about the list of activities, visit our page specific to motor sports activities.
Insurance but not with just any Insurer!
Shall we give you a final secret?
As you know, with the implementation of the Bourquin law and more formerly of the Hamon law, renegotiating your insurance has become a prerequisite for saving! Delegating insurance seems to be the best solution to obtain personalized insurance at the best price.
The trick is to take the time to sort through and compare the offers available on the market. This is the best way to find out which guarantees are suitable and in line with your expectations.
However be aware that this process can take a certain number of hours, it is better to be patient. If necessary, be aware that J’emprunte J’assure, an online mortgage insurance comparator, takes care of finding you the best contract offers on the market in a few minutes thanks to its intelligent algorithm.
I borrow I insure also has the possibility to assist you in your insurance termination and insurance change procedures in order to make the best borrower insurance choices.