Any young caterham owners....
Discussion
Looking at my next purchase and have always fancied a caterham. I many have my eye of a k series car, due to the economy the unit offers. Silly I know but I will be doing a lot of miles on the car. I don't believe in owning such a great car and then not use it a lot.
Having used Morgans occasionally as daily transport I'm not adverse to being cold and unccomfortable. However I am adverse to forking out silly money for insurance.
So basically, are there caterham owners in there 20s here, and if so how much are you paying.
I'm also considering an elise. But it just isnt a 7!
Having used Morgans occasionally as daily transport I'm not adverse to being cold and unccomfortable. However I am adverse to forking out silly money for insurance.
So basically, are there caterham owners in there 20s here, and if so how much are you paying.
I'm also considering an elise. But it just isnt a 7!
Got mine in March '09 aged 19. I insured it for a year and it cost £1320 for comprehensive cover with breakdown cover, with Adrian flux (license held 18 months, no claims or convictions). I doubt you can insure anything of remotely comparable performance for less.
For the sake of perspective, the previous year it cost me £1350 to insure a 1.2 Clio third party, fire & theft.
The car is a 2000 vauxhall 100BHP live axle S3 model.
For the sake of perspective, the previous year it cost me £1350 to insure a 1.2 Clio third party, fire & theft.
The car is a 2000 vauxhall 100BHP live axle S3 model.
I've had mine for a couple of years now. I'm 23 now and pay ~£550 per year for insurance.
1.8 VVC Roadsport,
Insured full comp,
4 years no claims (Maybe, I can't remember now!),
10,000 miles per year,
Lives outside in a communal area.
Last year I spent a mad day going through tens of insurance companies that I'd seen listed on the Lotus 7 Club, this forums etc.. that were Caterham friendly. All bar 2 (!) wouldn't quote for me due to being under 25, or if they did quote it was no where near competitive. I found that after a few phone calls, I made the point clear that I am under 25 in my opening spiel; 'Hi, I'd like insurance for a Caterham please, oh and I'm under 25, does that throw up any problems?' As mentioned, 99% of the time it did.
So I ring Adrian Flux and MSM Insurance. Currently with MSM, although Flux come just as good on the quote front.
1.8 VVC Roadsport,
Insured full comp,
4 years no claims (Maybe, I can't remember now!),
10,000 miles per year,
Lives outside in a communal area.
Last year I spent a mad day going through tens of insurance companies that I'd seen listed on the Lotus 7 Club, this forums etc.. that were Caterham friendly. All bar 2 (!) wouldn't quote for me due to being under 25, or if they did quote it was no where near competitive. I found that after a few phone calls, I made the point clear that I am under 25 in my opening spiel; 'Hi, I'd like insurance for a Caterham please, oh and I'm under 25, does that throw up any problems?' As mentioned, 99% of the time it did.
So I ring Adrian Flux and MSM Insurance. Currently with MSM, although Flux come just as good on the quote front.
) for about £1000 - parked on the street in London (N5), no insurance history.2slo said:
Is that a hint to suggest you are under 25 then Steve? Now where's that tin of custard...
Ha... as if! Just that when I was ringing round they all immediately said "if you're under 25 stop now" (or similar). It's one of the only benefits of being old (and having 35 years driving without a claim) - cheap car insurance!mickrick said:
I know of a 20 year old Guy with an R400. His mother has insured it with him as a named driver.
In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
They need to be seriously, seriously careful with this.In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
Fronting is something the insurance companies are getting very hot on, and it would get extremely painful if they were found out. Especially if they were found out whilst making a claim.
And without wishing to sound too old fartish (but no doubt succeeding), it's people cheating on insurance that causes premiums to rise for everyone.
Murph7355 said:
mickrick said:
I know of a 20 year old Guy with an R400. His mother has insured it with him as a named driver.
In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
They need to be seriously, seriously careful with this.In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
Fronting is something the insurance companies are getting very hot on, and it would get extremely painful if they were found out. Especially if they were found out whilst making a claim.
And without wishing to sound too old fartish (but no doubt succeeding), it's people cheating on insurance that causes premiums to rise for everyone.
My Brother at 26 had a Robin Hood 2L pinto on an age related plate.
He was paying circa £200 P/A fully comp on it with a value of around £3000 with a specialist insurer. I can't remember which one at the moment, but I could ask him if you want.
As a comparison, his vectra estate 1.8 was costing him around £350 P/A.
He was paying circa £200 P/A fully comp on it with a value of around £3000 with a specialist insurer. I can't remember which one at the moment, but I could ask him if you want.
As a comparison, his vectra estate 1.8 was costing him around £350 P/A.
mickrick said:
Risky said:
Murph7355 said:
mickrick said:
I know of a 20 year old Guy with an R400. His mother has insured it with him as a named driver.
In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
They need to be seriously, seriously careful with this.In the meantime, there's a Fiat 500 he's insured for sitting in the garage earning NCB.
Fronting is something the insurance companies are getting very hot on, and it would get extremely painful if they were found out. Especially if they were found out whilst making a claim.
And without wishing to sound too old fartish (but no doubt succeeding), it's people cheating on insurance that causes premiums to rise for everyone.
I think the problem is when it's done to purposely get a greatly reduced insurance quote.
The main drive should be just that. If the main driver never drives it, but the named driver who happens to be young, male, an insurance risk who'd bump the quote up by nearly £1000 if correctly labeled on the policy, uses it daily and therefore obviously the main driver.
It's obviously wrong, and the insurance would more than happily void a claim or similar.
The main drive should be just that. If the main driver never drives it, but the named driver who happens to be young, male, an insurance risk who'd bump the quote up by nearly £1000 if correctly labeled on the policy, uses it daily and therefore obviously the main driver.
It's obviously wrong, and the insurance would more than happily void a claim or similar.
mickrick said:
Is there normaly a minimum stipulated on a policy? Maybe she drives it now and then. How would anyone know.
My wife is a named driver on my car, but there's no stipulation on how much either of us drives it.
If she has a bump in it, I loose my no claims.
I seriously hope the guy in question never needs to claim. And that his mum appreciates that she could get into serious hot water...My wife is a named driver on my car, but there's no stipulation on how much either of us drives it.
If she has a bump in it, I loose my no claims.
It sounds like you know full well his mum's fronting for him...Do you think, in the event of a serious loss, the insurer won't look at the circumstances more carefully? Matters not that they took the premium. It's down to the mum not to mislead
It's illegal. End of. Matters not about the ability to prove it.
Do you think it's ok to claim on your home insurance fraudulently too? Or nick stuff if nobody notices?
Jeeezus! What a bunch of busy bodies you lot are!
You don't know the crcumstances so bloody well back off!
I shouldn't have bothered commenting.
You think I'm fruadulent, and a thief! How dare you.
I'm telling you now, it's above board. Now f
k off and get a life.
You don't know the crcumstances so bloody well back off!
I shouldn't have bothered commenting.
You think I'm fruadulent, and a thief! How dare you.
I'm telling you now, it's above board. Now f
k off and get a life.Edited by mickrick on Saturday 26th March 08:07
mickrick said:
Jeeezus! What a bunch of busy bodies you lot are!...
Errrm. You posted something on an open forum. No one gave a toss what your 20yr old pal's doing until you did.mickrick said:
You don't know the crcumstances so bloody well back off!
I shouldn't have bothered commenting....
Probably.I shouldn't have bothered commenting....
Remember that you were the one who posted, on a thread ostensibly about young people insuring Caterhams, about a 20yr old who's a named driver on his mum's R400 policy while a Fiat 500 sits in the garage unused...now if that isn't insinuating that the 20yr old uses the R400 more than the Fiat, and that somehow this is relevant to the OP's question, in your vernacular why the f
k post it?mickrick said:
...
You think I'm fruadulent, and a thief! How dare you.
...
No one said that. A question was simply asked. Bit touchy it seems.You think I'm fruadulent, and a thief! How dare you.
...
mickrick said:
...
I'm telling you now, it's above board. Now fk off and get a life.
I have one, thanks. But whilst we're passing on sage advice, perhaps you ought to think more before you post dumb arsed comments like your opener. And perhaps read what's posted a bit more before getting all touchy and defensive I'm telling you now, it's above board. Now f
k off and get a life.The OP is in his 20's. Relavent I think.
I made the post becuase if he found it difficult to insure a Caterham he could co-own the car with his father for example.
Insuring a cheap car that doesn't get used much to get some NCB, is a bargain for the insurance company I think, and there's nothing wrong with it as far as I can see.
Your post inferred that I thought it was O.K. to steal and be fruadelant.
Yes I do get touchy when a slight on my carracter is inferred. A punch on the nose also often offends.
Some folks are too quick to jump to conclusions and point the finger.
I made the post becuase if he found it difficult to insure a Caterham he could co-own the car with his father for example.
Insuring a cheap car that doesn't get used much to get some NCB, is a bargain for the insurance company I think, and there's nothing wrong with it as far as I can see.
Your post inferred that I thought it was O.K. to steal and be fruadelant.
Yes I do get touchy when a slight on my carracter is inferred. A punch on the nose also often offends.
Some folks are too quick to jump to conclusions and point the finger.
mickrick said:
I made the post becuase if he found it difficult to insure a Caterham he could co-own the car with his father for example.
You clearly don't understand the principal of an insurance contract, which is a contract of utmost good faith. What you are suggesting is the withholding of a material fact in order to obtain cheaper insurance.In other circumstances this is called fraud.
Why not tell the insurers than his Caterham is a Fiat Punto and that he is aged 35. That will command a lower premium. It's the same principal.
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