V12V Insurance

Author
Discussion

Bacchusc

Original Poster:

6 posts

165 months

Monday 31st January 2011
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Have just put my deposit down on a V12V - that was the easy bit. Now starting to think about the practical issues which I probably should have thought about a while ago - like Insurance. Anyone got any suggestions on who provides decent policy at decent price... I been using Directline for my Range Rover so don't really think they are the boys for the V12V... any pointers gratefully received.

Adam2S

5,124 posts

183 months

Monday 31st January 2011
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clorenzen

3,719 posts

241 months

Monday 31st January 2011
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I didn't find that to be a big issue. I use Royal Sun Alliance and the premium is about 1000 pounds/year. (+9 NCB, West London, Garaged, Tracker, leisure + to and from work, and 6000 miles) and I am not 25 any longer - sadly.

runner911

602 posts

249 months

Monday 31st January 2011
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Re-insured my 2007 V8 Vantage last week with Aviva ( Norwich Union ).
I'm over 60 years of age , no points, no claims in the last 5 years. Wife named driver ,the same.
6000 miles per year. £750 excess.S D and P. No tracker fitted. Car garaged at night.Protected NCB ( for what it's worth ).European cover thrown in.
£387 . Excellent price I thought.

mikey k

13,014 posts

222 months

Monday 31st January 2011
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I hunted around all the usual suspects and ended up with Locktons via Chris Knott.
The owners club seem to have sorted a good policy there! wink

Kevin Secker

249 posts

289 months

Monday 31st January 2011
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+1 for Locktons....great to deal with and cheapest quote I had by miles. Underwriten by Chubb. They now have both my Aston and the dancing donkey!

Kevin

Mako V12V

3,135 posts

220 months

Monday 31st January 2011
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Borrowing Kevin's post:-
+1 for Locktons....great to deal with and cheapest quote I had by miles. Underwriten by Chubb. They now have both my Aston and my Golf GTI

Plus you also get free AMOC sub for a year.

Bacchusc

Original Poster:

6 posts

165 months

Monday 31st January 2011
quotequote all
Guys thanks so much for your really quick suggestions - will be getting on the phone tomorrow - have to say some of the figures quoted are pretty encouraging - was imagining higher - saving money already!

Captain Beaky

1,389 posts

290 months

Monday 31st January 2011
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Another one for Locktons via AMOC. Good price, excellent cover and track days included.

bananarob

1,177 posts

187 months

Tuesday 1st February 2011
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I use AON private clients service who found me an excellent policy and well priced with Aviva Presitge, found them very competitive and an excellent package. I use it on both cars. At the time I also found Adrian Flux were pretty good fronting Royal Sun Alliance. AON just pipped it and i have found them excellent to deal with (to date and no claims).

Shmee

7,565 posts

219 months

Tuesday 1st February 2011
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Holy mumma kajolie!

I just did a quote with my insurance company for me on a V12V at up to 6,000 miles and it came out at £5,100 (with £3000 excess). I pay £1,400 for the V8V (12k miles) which I thought was awesome and for comparison a DBS is 'just' £3,100. Are they basically assuming that due to my demographic that if I own a V12V, I will crash it!?

Adam2S

5,124 posts

183 months

Tuesday 1st February 2011
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Shmee said:
Holy mumma kajolie!

I just did a quote with my insurance company for me on a V12V at up to 6,000 miles and it came out at £5,100 (with £3000 excess). I pay £1,400 for the V8V (12k miles) which I thought was awesome and for comparison a DBS is 'just' £3,100. Are they basically assuming that due to my demographic that if I own a V12V, I will crash it!?
shop around mate - when I switched from the V8V to the V12V I too got a few similar crazy premiums quoted. In the end the actual rise was nominal and mainly down to the insured value. At the end of the day an insurance premium on any car worth >£100k is always going to be very high indeed regardless of its performance.

What I dont understand is why the DBS quote was lower? Did you say the V12V and the DBS were the same age and of the same value? Age of car can also give a discount as new for old policies dont apply to cars of a certain age.

Shmee

7,565 posts

219 months

Tuesday 1st February 2011
quotequote all
Adam2S said:
shop around mate - when I switched from the V8V to the V12V I too got a few similar crazy premiums quoted. In the end the actual rise was nominal and mainly down to the insured value. At the end of the day an insurance premium on any car worth >£100k is always going to be very high indeed regardless of its performance.

What I dont understand is why the DBS quote was lower? Did you say the V12V and the DBS were the same age and of the same value? Age of car can also give a discount as new for old policies dont apply to cars of a certain age.
Fortunately (or rather unfortunately!!) I'm not about to change my lovely V8VR, maybe next year for a DBS Volante if I'm lucky, but I put both in for sample at £130k 2010 cars. I find with my company the exact price of the car doesn't change much; i.e. a 75k used vantage was no less than a 110k new one that hadn't been driven (same year etc). I did put in an auto DBS volante; maybe the image without a roof and not having manual means it will be driven less mentally!

Biggriff

2,312 posts

290 months

Tuesday 1st February 2011
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Aviva are mega competitive at the moment. How about 220 for an slk55 fully comp and protected?

Still 18 months away from my roadster.

Ash From Flux

1,138 posts

174 months

Wednesday 2nd February 2011
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Hello we have some new-ish schemes for high value/performance vehicles which can come in pretty good. I have quoted 1 or 2 of these vehicles in the last few months and the prices seemed reasonable. Pm me if you would like me to look at a quote.

Ash

Bacchusc

Original Poster:

6 posts

165 months

Wednesday 2nd February 2011
quotequote all
Guys thanks again for all your ideas - have done the deed through Locktons - touch under £1300 on 7500 mile policy - better than I thought it might be... and as a couple have pointed out also gives free AMOC membership (but not sure yet what exactly that means!)

ariel

423 posts

264 months

Wednesday 2nd February 2011
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for those choosing Aviva this thread may give you pause for thought@

http://forums.seloc.org/viewthread.php?tid=292640

355f

516 posts

254 months

Friday 4th February 2011
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do we have a contact number or e mail for locktons

355f

516 posts

254 months

Friday 4th February 2011
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do we have a contact number or e mail for locktons

LC23

1,290 posts

231 months

Friday 4th February 2011
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355f said:
do we have a contact number or e mail for locktons
Just e-mailed you.