col93saphcos

iTrader: (2)

Hi,
Cossie is insured with Adrian fux,
Telling me insurers of my cossie went into liquidation Thursday night, ffs

Just incase any of you guys insurance is with them, can't remember the actual name of the insurer's

Oh no refund from Adrian fux
I argued that I took the insurance from them and paid them so surely they due me, doesn't seem to work like that seemingly,

It's not Adrian flux in liquidation

CheeRs Colin

1374lee

iTrader: (11)

I'm with Flux on my cossie to.
Did you get an e mail or letter through the post?
Terrible news that is.

Thanks. Lee.

Jay,

iTrader: (4)

Yeh I'm with them to and no email sent to me

stu20004x4

Poor form by Adrian flux here I feel. As brokers they shouldcover you for things like this

martynhomer01

iTrader: (1)

It was only the one company that went bust, I had the text and email too, rang them and they said that technically I'm still insured as the policy has been paid, but in the event of a claim, there would be no money in the pot to payout, so they offered another company, (equity red star) to take over the policy starting from scratch, but a at cost price which was really cheap.
I was lucky as I inly had 3 months left on the policy, but the guy I spoke to said that there are some people that have got 50k plus mercs etc that aren't bothering!!

Jay,

iTrader: (4)

I've just got off the phone to them and it's not the company I am insured with so all good here but not so good for people like yourself mate

focusv8

These then;

http://www.insuranceage.co.uk/insura...-to-pay-claims

155lee

iTrader: (10)

I'm through flux with a company equity red star,is this company ok?

STeve

iTrader: (11)

who was the company/underwriter that went bust

1374lee

iTrader: (11)

Mine is through Flux to but different company.

dojj

iTrader: (3)

I've got two cars insured by them

How do I out on a Saturday if I'm affected or not?

col93saphcos

iTrader: (2)

The company is enterprise insurance company plc through midas underwriting Ltd

I've about 5 months left,
They offered same cover Ł272 was Ł400 7month ago,
Can't be arsed with them now so probably look elsewhere

col93saphcos

iTrader: (2)

Dojj,
I'd like to think they would have contacted everyone affected by this by now, surely!!
Colin

col93saphcos

iTrader: (2)

Yeah that be them

martynhomer01

iTrader: (1)

If you haven't got a text or email then you're ok. I thought they handles it well personally, after all, they are only a broker so ultimately not down to them

zetaboostboy522bhp

Everyone should just use paul at need to insure as they have always been the best around. I used hic for years which where great until flux purchased them.
My st170 is Ł300 a year any mods I want except nitrous , quality

Cheers paul

Jay,

iTrader: (4)

Tbh I have been with then since and I dont feel confident in them I also agreed a value over the phone which changed I had paid up and got the paper work through so the minute my engine is back in i will cancelling and going back to need to insure


Regards Jay

STeve

iTrader: (11)

cant blame flux if a underwriter goes tits up as this happens in all walks of life, just look at travel firms going to wall leaving people on holiday stranded every year, I left need2insure for a Ł200 decrease in my yearly premium with flux and funny thing was it was same underewriter that I was insured with need2insure

Adam-M

I agree I wasn't impressed with flux with my agreed value and after my year of insurance the policy jumped up Ł200 for no reason and they took the full whack two weeks before it was due to end. Going elsewhere for my next policy.

fuzzy

ive only ever had problems with flux so will never use them again even if they were cheaper but they never are anyway.

tiny2white

iTrader: (2)

Be careful with all brokers and underwriters. You may remember my car was involved in an accident in January..... Parked up at ace cafe and hit by a Lexus trying to drift.
I was insured by ERS through Need 2 Insure who were both equally as helpful as a condom with air vents.
Need 2 Insure washed their hands of me instantly and passed me over to Kindertons (complete tossers) stating I would only be paid the schedule value and not current market value, and tried to collaborate with ERS accusing me of devaluing my car to obtain a cheaper premium. (It was a no fault claim with video evidence that even the insurance ombudsman stated would have to be based on market value and will be investigating into their practice of schedule value payouts)
Neither wanted to provide the service I had paid for and or work on my behalf, and seemed only to fight against me.
I ended up handling the claim myself direct with the 3rd party's insurance (aviva) who I can't seem to fault so far.
I know everyone will have different experiences, but after mine and nigh on 10 years with Need 2 Insure......... I will never use them again.

Jay,

iTrader: (4)

They agree one thing then another thing comes through the post and its such hard work setting insurance up through them compared to others and the customer service isnt the best either

visa_broke

If your the guy who was crushed between the cars I hope your recovering well.

I've not heard anything really good about flux, I see the posts on here about insurance and I think dan @ flux responds then has to reply, we can't beat that, or something along the lines and thats it.

I used to use bell insurance and they was good at one point then kept raising premiums so I quit them.

fuzzy

in my naivety in my youth I was bumped out of what I thought was an agreed value , turns out it was an estimated value they said not an agreed value and offered me Ł500 on a Ł28000 modification and restoration project on what I thought and lead to believe was an agreed value of Ł7500.
left me to sort out my own car after a no fault head on with a truck , weren't interested on the phone ,luckily the truck recovery decided to help me at the scene.
they also have a different take on what counts as a uk resident than the inland revenue and cancelled my policy while I was working away, apparently having a uk house and paying uk tax to a uk company doesn't count as being a uk resident to Adrian flux.
you find out how good a company is when its their turn to pay out as they all are great and helpful while your paying them but your typical insurance office worker with their homo haircut and stupid pointy toe shoes will have a degree in backsliding

dojj

iTrader: (3)

i think we can all agree that the admiral group of companies are a total shower of shit now that we are moaning about stuff

i was sitting in my saph waiting for the oncoming traffic to go past when some old bloke revered out of his drive into the side of the car

we got out and he saw me, got back in his car, parked it back on his driveway and then walked off, the cunt

anyway, admiral got the car recovered and repaired, but not to my satisfaction and it was back and forth to the same garage for the next 6 months before i wrote it off

but in all that time they were questioning paying out, even though it was someone elses fault

turns out i'd ticked the wrong box on one of the forms and rather than tell me i'd ticked the wrong box (it all came down to who was driving the car at the time, and me not being the policy holder wrote it was me rather than ticking the box that said "named driver" ) and it was never ending after that

eventually the policy lapsed and they were STILL sending me letters saying that it would be their responsibility to inform the police and other authorities that i was no longer insured

as for the bodyshop, the car came back with a different coloured white on the boot lid, the spoiler, the bumper, the door, the quater panel, the c pillar and roof

DAN@ADRIAN FLUX

Hi,
I'm really sorry for all the issues this situation has caused our clients. Unfortunately there is very limited information regarding what's going on with Enterprise and we really have nothing further than what's available on-line.
We are trying our best to help wherever possible regarding seeking alternative cover for our clients.
I don't really have any further information to add at present though.
Regards,
Dan.

big mikeS

Can you confirm that all parties/customers who are affected have been contacted please

Thrush

iTrader: (1)

I don't see how you are, technically or not, still insured? If you drive out today and you crash into stationary traffic and smash up not only your own car but also a few others, you don't have an insurance company behind you to sort it out. Flux clearly won't be paying as they are only a broker, and your underwriter no longer exists.

God forbid you kill someone, you'd be going to jail pal. So I'd be getting new insurance quick smart!

_Jimmy_

According to that article, it seems people are still technically insured but the underwriter doesn't have the assets to be able to pay out which effectively makes it useless for claiming against

R4N SS

iTrader: (6)

I never had any issues when i crashed my moonstone 3dr into a tree years ago - adrian flux paid me out no bother

Turbosystems

iTrader: (5)

Surely there are contingencies in place amongst the insurers or some form of legislation.
I'd have thought the broker would have some form of responsibility/ liability as they had the customers money

Vacuman

Is there not the same as ATOL (holiday protection) for the motor insurance business? An organisation that the insurance companies have to pay into (as insurance) in case one goes bust?

No way in 2016 should there be a situation where, through no fault of their own, drivers are at risk of being involved in potentially massive claims against them personally whilst a letter is in the post telling them their cover has vanished.

Thrush

iTrader: (1)

Sounds very much like being uninsured to me

Jay,

iTrader: (4)

I would of thought you would get nicked for no insurance seeing as it's not worth the paper it's been wrote on and three fact the person has been informed that the company won't pay out

fuzzy

I would expect your broker will have contacted you to explain how it works and where you now stand legally?
saying they don't know much other than whats online isn't really helpful but if theyre trying to seek alternative cover for their clients it sounds awfully like your not covered anymore.

Turbosystems

iTrader: (5)

Wonder how many current claims they will no longer be paying

STeve

iTrader: (11)

there used to be and was called the motor insurers bureau, also I have never had issues with flux

Turbosystems

iTrader: (5)

http://www.moneysupermarket.com/c/ne...-bust/0003084/

Seems you can claim the premiums back from The FSC after first trying to get it from the liquidators
It does appear that you are NO LONGER INSURED and should obtain alternative cover from a Financially more stable Insurance company

DAN@ADRIAN FLUX

Hi,
I spoke to my boss this afternoon and he advised me that all customers affected had been contacted now.
Regards,
Dan.

dave cos4x4

iTrader: (5)

After a call to need2insure i have now an insurance to cover the cost of my car should anything happen however i had to pay more to cover this.

If you are paying a low preimium please ask why as your car may only be insured for xxxx amount, pay a bit more and it will cover you for a few thousand more ect....

It will not be the ' going rate' its insured for but for the preimium you are paying for so please ask and pay the right money so you get paid the right money.