Insurance For Weekend \ Summer tou.

[RTaylor2208]

I am seriously considering a Porsche Cayman as a Weekend and summer toy, but before diving in feet first and buying I need to check out insurance.

The cars I have viewed and I am most keen on are well cared for 2013+ models in a nice spec but the smaller 2.7 engine, budget circa £22K.

This would be a third car in my household, I am a owner and policy holder on my daily (BMW 5GT), my wife is an owner and policy holder on her daily (Volvo V40). We are both named drivers on each others policies and both have 9+ years NCD and zero points or claims.

Now I know that you can only use your NCD on a single policy, but I am wondering if there is any specialist insurers that will insure this as a third car with a very limited mileage policy without it costing a small fortune?

The last time I was in this situation the weekend toy (1989 BMW E30) was much older and getting a classic policy on it was no issue, but I fear the Cayman would be too new for a classic policy.

Any useful advice appreciated or recommendations for insurers \ brokers that would be able to find a good deal.

[vikingaero]

Some Insurers will allow you to mirror your no claims on another car. I have an Axa policy on Mrs V.'s car that isn't the cheapest at £180 (I could go down to £130 with the scuzzier insurers), and the only reason I keep it is the mirroring. Let's say that I have 30 years No Claims, if I take out a policy with Axa that car/new policy will have 30 years too. At renewal I can change Insurers and move the 30 years over. I find it weird but it's allowed.

Edited by vikingaero on Monday 5th August 14:00

[alscar]

It might be worthwhile seeing what an Insurance broker can do with your “ fleet “.
Some Insurers will definitely be able to offer better deals on your limited mileage basis and potentially also give you a better deal if you elect for a higher excess.

[RTaylor2208]

Both of our cars insurance was just renewed at the end of July and paid in full for the year so keen that I don't have to cancel and go with another provider as the cancellation charges do add up.

I'll need to call privilege and see if they do mirroring as both are currently insured with them and at a very reasonable price.

[alscar]

RTaylor2208 said:

Both of our cars insurance was just renewed at the end of July and paid in full for the year so keen that I don't have to cancel and go with another provider as the cancellation charges do add up.

I'll need to call privilege and see if they do mirroring as both are currently insured with them and at a very reasonable price.

Yes get that.
You may have to therefore consider shopping all 3 next year.
No harm of course in asking Privilege what their best price would be for a limited mileage ( normally works in bands as such ) and with alternative excesses.

[Belle427]

The comparison sites will let you put in finer details of the no claims in my experience when you say you have zero.
Worth a go just to see what they quote.

[RTaylor2208]

Getting quotes on a new policy with all my details, limited mileage and with zero NCD online as I couldn't find time to call privilege before they closed isn't awful at £450 a year.

Hopefully I can get that down a bit further if they can mirror the NCD, as quoting with 9+ years of NCD it drops to a little under £250 a year.

[Mr Tidy]

When I first got a 2nd car A Plan Insurance (now Howden) managed to find me a policy that would mirror the NCD on my first car.

Now they both have 10+ years NCD.