Insurance in the UK

[pereirac]

Hi,
It's that time of year for me and my present insurance company (Carole Nash want to increase my premium by around 30% (they did this last year with my other car so I insured with another company and saved about ?100). It seems insurance companies give you a good rate for the first year at least and then bump the premium up in later years in the hope that you won't bother to look around..
Anyway, does anybody have any recommendations at the moment for a good agreed value classic car policy?

Thanks

Carl

[Jason1]

Hi

Have a look at: free-parking-f19/laid-insurance-etc-t22697.html?hilit=%20insurance

or: elan-plus-f13/the-dreaded-insurance-thread-t23189.html



Jason

[elj221c]

Hi,
I It seems insurance companies give you a good rate for the first year at least and then bump the premium up in later years in the hope that you won't bother to look around..
Carl

The average 30% increase this year was pretty much accross the board because of increases in fraud and other costs, so I was told.

[quaybook]

Hi Carl
I've used MSM for my Elan and my Westfield for some years now. Their prices always seem reasonable, if not necessarily the very cheapest, but the plus is that they do understand classic and specialist cars. Although I've not had a claim, thank goodness, I've had really helpful and friendly service throughout over such matters as setting agreed values, cover for European travel etc. They are on www.msminsurance.co.uk or 01279 870535.

Vernon

[oillite]

Wait and let them phone you about renewing with them as they all chase up for the renewal. Tell them that you have found a better deal elsewhere but you will stay with them for the same premium as last year, its worked for me on quite a few occasions!

They give us the spiel about cost going up but the number of crash repairer's cutting staff or going out of business because of lack of work is high at the moment.
With the cost of fuel and other strains on the house hold bugget people aren't going out so much and driving slower = less claims = less pay-outs.

Well they have to get the money some were to fund their investments. Car, house and pet insurance are nice earners, they must be or they wouldn't advertise them so much!

[nebogipfel]

The average 30% increase this year was pretty much accross the board because of increases in fraud and other costs, so I was told.

My renewal was the same as last year


There is no reward for loyalty any more. The best thing you can do is shop around and get the introductory discounts every year. I know it's a hassle but you can save a fortune.

It's also worth making sure that you are not paying for extras you don't need or want, insurance companies are very good at adding them.

Apologies if I've mentioned this (getting old don't ya know) I saved ?60! on my AA renewal this year by threatening to go to the RAC. It's always worth phoning up and threatening to go elsewhere as Oilite has said.

[Jason1]

Hi

I just renewed my insurance on my Ford Focus last week. The renewal with Elephant came in at ?450 that's ?100 up on last year; I called them and they offered to knock ?50 off. I hate this it happens every year with Elephant and i have been with them since they started, if they value my custom then why not offer the discount at renewal? I told them not to bother and went with LV for ?350.

Elephant then sent me an email saying my credit card had expired so they could not take payment. What followed was a non-repeatable phone call to an Indian call centre at '8p per minute plus your standard network rate' (yes that p1ssed me off as well).

Jason

[tcsoar]

Hi Jason,

I had a similar experience with Elephant many years ago, unfortunately my card had not expired and they took the money from my account even though I had let them know that I would not be renewing with them and they had confirmed in writing asking for the insurance certificate back. It took me a month to get the money back!!! Not best pleased.

On the plus side, my heated phone was taken here rather than India

Chris.

[bcmc33]

Carole Nash want to increase my premium by around 30%

Carole Nash sent my renewal in at +30% When I complained it went down to 24%.
I did a little shop-around and found it not worth while changing, so I renewed today just before the noon deadline.
When I mentioned the amount to some CL members, the consensus was that it was very reasonable.

[Si_130/5]

Hello Carl,
I tried all the usual suspects last month when insuring my Lotus and RH Specialist Car Insurance, the one favoured by the Rolls Royce EC, were best by a long chalk. 5,000 miles with a rebuilt and more powerful engine in a London suburb, roadside assistance and recovery across the UK and Europe and it was ?148 - almost half the price of other companies claiming to offer a Club Lotus discount. I've used RH in the past and they seem to have a good reputation.

Si

[jeff jackson]

Hi Carl,
I posted a similar thread a few weeks ago.
elan-f15/insurance-companies-don-love-t23365.html

therefore I would not recommend Adrian Flux, even though I was have been with them for 17 years of Elan ownership.
I will be going with Kim Eaton as recommended by this forum.

Kim Eaton [[email protected]]

Drop Kim an email for a quote.

Kind regards
Jeff 72+2.

[pereirac]

Thanks for all the great advice, Kim Easton seemed the most knowledgeable (well he does own an Elan and a Europa), offered the best options and was the cheapest so a simple decision ....

[gino1]

Hi All,
Just want to let you know that in Italy we have a reduced insurance for Historic cars, that is older than 25 years of age.
I personally pay 90 Euro a year for the first Elan and 30 Euros more for each other.
Total premium for 4 elans is 180 Euros a year !!

How does that compare with other countries ??

Hino
Milano
Italy

[billwill]

Hi All,
Just want to let you know that in Italy we have a reduced insurance for Historic cars, that is older than 25 years of age.
I personally pay 90 Euro a year for the first Elan and 30 Euros more for each other.
Total premium for 4 elans is 180 Euros a year !!

How does that compare with other countries ??

Hino
Milano
Italy

You are so lucky!

[pereirac]

You have 4 Elans!! Nice one, what about all those Italian cars?? Of course an Elan is better!