Classic Car Insurance HELP/Advice
15-08-2012, 07:46 PM
#1
Classic Car Insurance HELP/Advice
Evening PF massive...
Please Can anyone help?
Im looking at classic car insurance for my POSSIBLE new toy,
but have been told that to be able to Qualify you need a second vehicle??
So being as i have a work van(not owned by me though) would that qualify me to be able to do it??
A Massive cheers in advance all
Please Can anyone help?
Im looking at classic car insurance for my POSSIBLE new toy,
but have been told that to be able to Qualify you need a second vehicle??
So being as i have a work van(not owned by me though) would that qualify me to be able to do it??
A Massive cheers in advance all
15-08-2012, 08:02 PM
#2
Regular Contributor
Join Date: Jul 2007
Posts: 214
Likes: 0
Received 0 Likes
on
0 Posts
as long as the car you want to insure is only going to be a second car, limited to 2-3k a year, then u should be ok! having an everyday co car for daily use def qualify's ya mate! me an mrs are insured on a gte 16v, fully comp for £197 quid with performance direct. try them on 0844 482 8125
15-08-2012, 08:10 PM
#3
as long as the car you want to insure is only going to be a second car, limited to 2-3k a year, then u should be ok! having an everyday co car for daily use def qualify's ya mate! me an mrs are insured on a gte 16v, fully comp for £197 quid with performance direct. try them on 0844 482 8125
Cheers fella i'll give em a quizing
See only thing is i wanna just be able to jump in it and go "anytime" i choose, so hoping thats gonna be possible an all..
Trending Topics
18-08-2012, 07:58 AM
#11
OCD Victim
www.peterjamesinsurance.co.uk. Only open Monday to Friday 9am to 5pm though.
18-08-2012, 09:30 AM
#12
Cheers for the heads up fella
Oh dear i wont be insuring it with them..we have a previous loss of love in our pasts
Cheers anyway's though for all the advice boss
Your a Gent, and i will do
Oh dear i wont be insuring it with them..we have a previous loss of love in our pasts
Cheers anyway's though for all the advice boss
Try Peter D James Insurance for yours.
www.peterjamesinsurance.co.uk. Only open Monday to Friday 9am to 5pm though.
www.peterjamesinsurance.co.uk. Only open Monday to Friday 9am to 5pm though.
18-08-2012, 10:33 PM
#14
15000
Join Date: Feb 2012
Location: swansea
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
my mate insured insured his xr3i as a show car it was in exeptoinal cond special insurance they wanted photos and everything .he valued its at£2500 this is years ago when they could be picked up for less than£600 it went missing and got torched he got his 2500 cant remmember what the insurance was called but if its rare or in exeptional condition its worth looking into.
18-08-2012, 11:01 PM
#15
That sounds like a traditional agreed value policy. Much less of them around now and they are much more picky on accepting cars on agreed value. Much harder to get agreed value on modified cars too. Although there are alternative schemes using "indeminified value" that use the proven (through receipts) valuie of the modifications.
If your car has shitloads of expensive mods, then an indemified policy may be better as long as they agree the value of the parts based on the receipts when you take the policy out. Where as a agreed valuation on a highly modified car will almost certainly NOT cover the value of what the mods actually cost.
eg my cossie puma would probably get an agreed value around the 10k mark at best these days. However the cost of the mods was 3 times that and is insured for the original cost. An agreed value policy wouldnt pay out enough to get anywhere near to another similar spec car, however and indemified value policy would.
If your car has shitloads of expensive mods, then an indemified policy may be better as long as they agree the value of the parts based on the receipts when you take the policy out. Where as a agreed valuation on a highly modified car will almost certainly NOT cover the value of what the mods actually cost.
eg my cossie puma would probably get an agreed value around the 10k mark at best these days. However the cost of the mods was 3 times that and is insured for the original cost. An agreed value policy wouldnt pay out enough to get anywhere near to another similar spec car, however and indemified value policy would.
Last edited by Psycho Warren; 18-08-2012 at 11:03 PM.
Thread
Thread Starter
Forum
Replies
Last Post