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PostPosted: Thu Mar 15, 2018 11:12 am 
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Joined: Wed Jul 13, 2016 9:16 pm
Posts: 164
It's that time of year again when I need to reinsure my 71S.

One company quotes £161 and the other £191. Seems a bit high to me for a car that does 500 miles a year.

Any recommendations?


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PostPosted: Thu Mar 15, 2018 12:39 pm 
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Joined: Fri Jun 25, 2010 10:26 am
Posts: 181
Im with adrian flux for mine,

policy taken out when i was 24, 1000 miles a year, all mods declared, like for like on any damage and an agreed value.

£200

cant say fairer than that.


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PostPosted: Thu Mar 15, 2018 12:44 pm 
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Joined: Thu Jun 24, 2010 11:30 am
Posts: 11068
Location: In the Village.
I have cars insured variously by RH, Footman James & Flux's.

RH are still by far the least expensive, but FJ & Flux will insure young drivers on classic cars, so I have some with these too.

M

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Mark F
I am not a number, but you can get me on 0800-555-555


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PostPosted: Thu Mar 15, 2018 9:24 pm 
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Joined: Sat Jun 26, 2010 7:34 pm
Posts: 1183
Location: Leeds
Read the small print (my game for 30 years)!


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PostPosted: Thu Mar 15, 2018 10:03 pm 
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Joined: Wed Aug 07, 2013 1:18 am
Posts: 473
steve1071 wrote:
Read the small print (my game for 30 years)!



So who are you insured with Steve :?:


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PostPosted: Fri Mar 16, 2018 9:40 am 
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Joined: Thu Jun 24, 2010 11:30 am
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Location: In the Village.
steve1071 wrote:
Read the small print (my game for 30 years)!


Good advice, but TBH I have always assumed that if I ever have to make a claim on a classic car policy I am going to get my pants pulled down. As long as the 3rd party coverage is decent I assume I'll end up with a pretty much total loss anyway.

Not a great fan of insurance, wouldn't bother if it wasn't a legal requirement.

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Mark F
I am not a number, but you can get me on 0800-555-555


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PostPosted: Fri Mar 16, 2018 10:02 am 
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Joined: Sat Jul 15, 2017 5:35 pm
Posts: 1296
Location: Abingdon Oxfordshire
Here here. Insurance....... think of them as back street bookmakers. Betting on an event that they hope won't happen and if it does wiggle and squirm and then invite you to sue them if you're not happy. They give you an umbrella when the sun shines and on the day it rains, they take it off you


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PostPosted: Fri Mar 16, 2018 11:28 am 
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Joined: Sat Jun 26, 2010 7:34 pm
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Location: Leeds
Joking aside (and with my industry hat on) it's a myth insurers are out to squirm their way out of paying claims. I could give examples all day long where they've gone out of their way to help clients and have overlooked potential issues, and on some very sizeable claims too. That said there are a few poor insurers out there that do 'follow the contract wording very rigidly'.

My advice, get a decent well known insurer and read the policy before committing. All quotes these days have to be 'contract certain', in other words you know exactly what you're getting before buying. I always say you insure for the 'big claim', the one that will affect you, and the bigger the claim the more insurers will dot the i's and cross the t's when settling. So make sure your contract is right.

Too many people in the past have taken the mick, putting wrong occupations down or 'fronting' for young drivers to get premiums down. What's the point telling lies on a contract that won't pay out if you come to claim due to those lies?

:)


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PostPosted: Fri Mar 16, 2018 1:03 pm 
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Joined: Wed Jul 13, 2016 9:16 pm
Posts: 164
Thanks for the responses - I was given the name of Graham Sykes a broker and they got £121. www.graham-sykes.co.uk

Bought.


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PostPosted: Fri Mar 16, 2018 4:36 pm 
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Joined: Thu Jun 24, 2010 11:30 am
Posts: 11068
Location: In the Village.
I'm sure that Steve is correct in what he says, but I reckon I must have just experienced the bad ones. Some pretty mainstream names at that. The best one was a £70,000 claim after a burglary at work that the insurers wormed their way out of paying anything on, on the most technical or technicalities.

As I say, I always assume I'm going to experience a 100% loss & expect nothing more. In my personal life I have always paid for House, holiday, travel, motor, insurance etc. I have claimed ONCE in 30+ years & have received F all. It's experience that has coloured my judgement.

M

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I am not a number, but you can get me on 0800-555-555


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