Insurance Warning
Discussion
Been getting quotes on a 4.2 Cerbera over the last month and initially Sunninghill came up with a very nice £513.00 with £250 Excess.
However, as of June 1st, they can no longer offer the old deal.
Same car is now £878.00 with £500 excess
Seems they have had 3 million pounds of Tuscan claims in the last year...
Having spoken to the so called specialists, who now comes out with the best price???
TESCO!
£736.00 with £250 excess
You could all be in for a shock next time around, so start saving!
However, as of June 1st, they can no longer offer the old deal.
Same car is now £878.00 with £500 excess
Seems they have had 3 million pounds of Tuscan claims in the last year...
Having spoken to the so called specialists, who now comes out with the best price???
TESCO!
£736.00 with £250 excess
You could all be in for a shock next time around, so start saving!
Check what you're getting on the quote. When I got a quote from Tesco, AA cover was extra, and track day cover wasn't an option at all. Mannings only cover TVRCC track days (which are a lot more expensive than some non-CC track days). The difference in price between a TVRCC track day and a TMS one would cover the difference in your premium.
I work for Sunninghill and I think 3 million is a bit of an exageration, but it is fair to say that the Tuscans have dwarfed all the other models put together when it comes to claims. I'll try to find out some figures if anyone is interested.
Unfortunately these claims have lead to the underwriters revisiting the rating of our scheme, the idea being that they will charge more for adverse risks and driver profiles, if someone is 'squeaky' clean nothing should have changed much.
Well that's the idea anyway.....
Andy
Unfortunately these claims have lead to the underwriters revisiting the rating of our scheme, the idea being that they will charge more for adverse risks and driver profiles, if someone is 'squeaky' clean nothing should have changed much.
Well that's the idea anyway.....
Andy
jonnie5 said:
daver said:
Seems they have had 3 million pounds of Tuscan claims in the last year...
Err, even allowing for £50k per Tuscan claim (assuming that they were all completely written off) doesn't that equate to 60 whole cars? Can't be right.
depends on what they hit
We do have a rather impressive claim on our account for about 2m at the moment, but the undweriters see this as a 'freak' occurence and do not incorporate this into their figures.
Sadly the idea is not working...
Andy SIBL said:..if someone is 'squeaky' clean nothing should have changed much.
Well that's the idea anyway.....
Andy
I'm 40, a company director, 18 years no claims etc etc
and it jumped £365 plus and extra £250 excess in two weeks.
Perhaps you can pass that back, they lost me as a
customer and will no doubt lose many more, but then again, if all TVR owners are now branded 'high risk' as it seems, do they care?
rico said:
Andy SIBL said: We do have a rather impressive claim on our account for about 2m at the moment, but the undweriters see this as a 'freak' occurence and do not incorporate this into their figures.
What happened?!?
Not sure I want to go into great detail, especialy in light of Stas's very recent tragic loss.
It is basically a rather large third party injury case, details of which do not make light reading. Unfortunately these things happen, which is one of the reasons we have insurance.
Andy
TESCO unfortunatly i have a problem with them at the moment (legal? but not insurance) and you may want to read this www.pistonheads.com/gassing/topic.asp? thread regarding a TESCO claim (i hope that worked) As the old saying goes your insurance company are only as good as the last claim ? or something like that. Tony
no the link didn,t work try the Tuscan forum about mk1 and mk2 chassis
>> Edited by T88CAN on Monday 9th June 17:11
no the link didn,t work try the Tuscan forum about mk1 and mk2 chassis
>> Edited by T88CAN on Monday 9th June 17:11
mudstud said: Norwich union direct did me the best quote back in Sept. +/- £ 600 including business use. Not too sure about the track day situation. I paid an extra £40 as the exhaust was non standard non catalytic!
Norwich Union will do trackdays on request, but you have to pay per event, I'm not sure how much this is, it's worth checking though.
Andy
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