fully comp insurance on an older car
Discussion
shirt said:
My jeep is 2005 MY and insured fully comp via RSA.
I'd love to know how that works Phil.... I'd had my Corvette with them for 2 years, when it came up for renewal in 2013 it was 8 years old and they refused point blank to insure it fully comp, I even spoke to one of the senior managers there and was told the 7 year rule is unbreakable.Hence finding AIG who are covering my 360 (1999) Fully comp with no issues.
From AIG:
We do offer comprehensive cover for vehicles – however we only offer this under our high net worth policy. In order to qualify we need to hold either a vehicle of a minimum value of AED 350,000 and/or a home/contents policy with a minimum sum insured of AED 500,000.
So that's a No for me.
We do offer comprehensive cover for vehicles – however we only offer this under our high net worth policy. In order to qualify we need to hold either a vehicle of a minimum value of AED 350,000 and/or a home/contents policy with a minimum sum insured of AED 500,000.
So that's a No for me.
I have a 10yr old Aston Martin DB7 Vantage Volante, a rare 6-sp manual to boot, that has been substantially renovated - and I want to get comprehensive insurance for a reasonable/agreed value. I have existing cover from RSA, and they've agreed to extend it 1 more year - but at a value of 130k AED; this is way below what it's actually worth. I've emailed John at AIG and am awaiting a response - but is there another insurer out there anyone can recommedn who would cover me/it? Possibly a Classic Car insurer?
Thanks.
Thanks.
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