Hi Rich,
There are minimum premiums that depend upon risk profiles, these can be driven by a combination of things (ie. Age/Postcode/Vehicle).
You were right to check, it's always worth checking.
In your circumstances it sounds like our staff have checked the scheme minimum premiums for our specialist Insurers. Thus the £500 minimum being purely for your individual risk profile.
Kind regards
Tony
Originally Posted by richm
Tony, can you please confirm that there is a £500 minimum premium floor for Cosworth insurance that can't be improved on from your perspective? This is what I was told over the phone, so didn't take it any further..