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Insurance
Posted: Mon Mar 02, 2020 9:36 am
by Michael_JCWS
Any pointers on insurance companies given its £100k+ car, most normal companies shy away
Cheers
Michael
Re: Insurance
Posted: Mon Mar 02, 2020 9:46 am
by giles
Privilege
Re: Insurance
Posted: Mon Mar 02, 2020 10:58 am
by Foxy
When we came to insure my wife's TT last year, Sainsbury's refused to renew as they would no longer underwrite the car, yet renewed my PE, just under £400.
Re: Insurance
Posted: Mon Mar 02, 2020 4:57 pm
by Brooner
Just did a qoute on Saga for the over 50s £485 no tracker and £250 excess
Re: Insurance
Posted: Mon Mar 02, 2020 5:10 pm
by Michael_JCWS
Are you putting the value of the car as the purchase value or what it is once you drive off the forecourt ? Ie over 100k or just under
Re: Insurance
Posted: Mon Mar 02, 2020 6:02 pm
by Brooner
I put 100k as price of the car
Re: Insurance
Posted: Tue Mar 03, 2020 9:49 am
by c8rs6
I started looking into this and i'm struggling to find insurance because of the value and the fact that i am 34 and live in london.
Best quote i have been given on Compare the marker for £3300.
Does anyone have any recommendations for insurance?
Re: Insurance
Posted: Tue Mar 03, 2020 10:45 am
by lem
LVI insurance - £743 but had to have tracker fitted. Used Compare the market to do an initial search. My previous car was with LVI, went to change to the RS6 on the same policy and they wanted a lot of money on top of the current policy, so cancelled it and started a new one for the RS6 (this was their advice)
Its similar sort of price as my C7 performance was so not much in it. Postcode and where its parked will obviously have a big impact. Car is listed on the policy at over £100K
Re: Insurance
Posted: Tue Mar 03, 2020 11:15 am
by c8rs6
lem wrote: ↑Tue Mar 03, 2020 10:45 am
LVI insurance - £743 but had to have tracker fitted. Used Compare the market to do an initial search. My previous car was with LVI, went to change to the RS6 on the same policy and they wanted a lot of money on top of the current policy, so cancelled it and started a new one for the RS6 (this was their advice)
Its similar sort of price as my C7 performance was so not much in it. Postcode and where its parked will obviously have a big impact. Car is listed on the policy at over £100K
Im with LV now on y SQ7 and they dont have an issue with it. When i have gone online to get a quote for the RS6 they dont seem to be interested. I was thinking that im going to start contacting a couple of local brokers.
Wish me luck haha
Re: Insurance
Posted: Tue Mar 03, 2020 3:45 pm
by c8rs6
Best quote i have managed to get is with Aviva considering i live in London,28 Year old driver insured on he car too. You dont need to add the value of the car too.
Re: Insurance
Posted: Thu Mar 05, 2020 8:46 pm
by Michael_JCWS
c8rs6 wrote: ↑Tue Mar 03, 2020 3:45 pm
Best quote i have managed to get is with Aviva considering i live in London,28 Year old driver insured on he car too. You dont need to add the value of the car too.
Why don’t you need to add the value of the car? I thought they all asked
Re: Insurance
Posted: Thu Mar 05, 2020 9:31 pm
by c8rs6
Michael_JCWS wrote: ↑Thu Mar 05, 2020 8:46 pm
c8rs6 wrote: ↑Tue Mar 03, 2020 3:45 pm
Best quote i have managed to get is with Aviva considering i live in London,28 Year old driver insured on he car too. You dont need to add the value of the car too.
Why don’t you need to add the value of the car? I thought they all asked
I’m not too sure, they didn’t ask the value of the car.
I’m not going to complain if they give me a competitive quote.
Re: Insurance
Posted: Thu Mar 05, 2020 10:31 pm
by doodlebug
That’s a bit short sighted.
I don’t know why folk look for the cheapest insurance for a 50k car let alone a 100k car.
What’s important is the quality of the product and the level of cover. If you claim for complete loss what’s the payout? That’s what matters.
Re: Insurance
Posted: Thu Mar 05, 2020 10:47 pm
by c8rs6
doodlebug wrote: ↑Thu Mar 05, 2020 10:31 pm
That’s a bit short sighted.
I don’t know why folk look for the cheapest insurance for a 50k car let alone a 100k car.
What’s important is the quality of the product and the level of cover. If you claim for complete loss what’s the payout? That’s what matters.
It’s more about not getting ripped off by the insurance company. I’ve been quoted between 2k to 9k for the same cover.
I have found someone who gives the same cover that costs less, I don’t see why you wouldn’t wanna pay less for the same cover lol
Re: Insurance
Posted: Thu Mar 05, 2020 10:51 pm
by 535dboy
doodlebug wrote: ↑Thu Mar 05, 2020 10:31 pm
That’s a bit short sighted.
I don’t know why folk look for the cheapest insurance for a 50k car let alone a 100k car.
What’s important is the quality of the product and the level of cover. If you claim for complete loss what’s the payout? That’s what matters.
Agreed.
For us I think all but the lotus (too specialist and tuned) are with LV
Had to claim when I hit a deer in Mrs old Porsche. Very efficient service and had no quibbles going to the repairer of my choice as opposed to their first
However there are so many variable so pretty pointless asking on her to be honest