New A-plan insurance woes

New A-plan insurance woes

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eye121

Original Poster:

77 posts

226 months

Saturday 30th December 2023
quotequote all
Hi All

I was phoned yesterday by A-plan about the insurance company who normally cover my road-registered highly modified Scooby, including up to five track days a year. For some kind of financial 'regulation' reason A-plan can no longer use the insurance company. From memory the company is Markerstudy.

I'm coming up to renewal and I think it may be hard to reproduce the policy that I've been happy with for a few years. I rang ClassicLine yesterday but their quote was high even before the £56 they'd charge for each track day.

Anyone else facing loss of a Markerstudy policy? Are there any other insurers or brokers that you'd recommend for about five days a year?

Thanks for any info.

eye121

Original Poster:

77 posts

226 months

Sunday 31st December 2023
quotequote all
Hi

Thanks to one and all. Yes, using the Thatcham branch and they've told me that they haven't been able to source an alternative insurer. My policy expires in January and I'll be covered until then.

I'll try Greenlight thanks and am considering tracking it without insurance as I always used to. The risks of claiming are difficult to assess and presumably opinions differ widely. I have spent a large fortune on the car but of course it's not worth anywhere near what I've spent to anyone else. The trouble is that I'd only have to spend a lot to get a similarly reliable road registered track day car if it's wrecked.

eye121

Original Poster:

77 posts

226 months

Monday 1st January
quotequote all
Thanks very much for those thoughts. I suppose Howden, who took over A-Plan, might have different financial rules about insurers that they deal with. The explanation about why they won't carry on with the insurer was annoyingly vague.

I'll try and find out whether another broker can deal with Markerstudy and I'll try Footman James. Zurich Private Clients are rather unwilling to cover a very modified car and priced accordingly last time I asked them to add to my fleet policy for my road cars, although they did offer included cover for three track days.