Insurance

[Steve_D]

Here we go again. Search facility is not working so I scrolled back 20 pages before giving up.

My insurance is due and MSM are offering £785.30 full comp. 5k miles, protected NCD. and I'm just coming up on 59 years old.

Seems a little steep to me but I seem to remember there was a new company a number of owners were now using.

Can anyone offer company names so I can start ringing around?

Cheers
Steve

[Graham-P]

Steve, try Hagerty they are on the ball and seem to know what we have.

[DHGTR]

hi steve

ditto graham (not keith)

just renewed with hagerty, still build up at mo but on road was £550 ish for 3k but you can add to that as needed.

dave

Edited by DHGTR on Wednesday 26th March 23:28

[GTWayne]

Steve_D said:

I'm just coming up on 59 years old.

Steve, depressing as it is, it may be that that you are approaching the age that insurers regard to be a little more of a risk?
My 86 year old Nan just had a quote of £600 to insure a car that is only worth about £500 and although I realise that insurance is more about the third party, I was really surprised that it was so much.

[ditto]

Steve, your asking us this is a first
Ive got mine with Footman James £522 0845 4586791
Classic Line quoted me £530 01455 639000
Hagerty wanted nearly £700 if i remember right

Keith

[Pb3]

I got me renewal notice from MSM yesterday and it is £60 cheaper than last years (no changes in circumstances either). I was a little worried that having my windscreen replaced on a £60 excess would have an effect (although it shouldn't, it did cost £1200+ to replace and fit).

[Captain Slog]

Here's a thread about Ultima insurance companies.

http://www.pistonheads.com/xforums/topic.asp?h=0&t=483724

[Wilder]

Your all paying too much. Try Competition car insurance. Mines a 55 plate and it costs me fully protected 430 quid .
Tel: [phone] Ask for Wayne.
http://www.competition-car-insurance.co.uk/

[Rusti Evo]

I really struggled with insurance because I wanted high mileage - all the usually recommended companies ran away when I asked for 15k+ a year in an Ultima.

Good old Pace Ward came up with the goods.

[Wilder]

I could have got more milage allowance for very little money , but my policy allows 5K miles and I didnt see the need to get more tbh.

[GTRMikie]

My insurance, with MSM, was due for renewal 2 weeks after my recent "incident". The premium before was £489. After agreeing to a >£20K repair, the premium increased to £560. Not too bad me thinks!

[TuxMan]

Steve , footman james 3.5k just paid £430 ...

[Steve_D]

GTRMikie said:

My insurance, with MSM, was due for renewal 2 weeks after my recent "incident". The premium before was £489. After agreeing to a >£20K repair, the premium increased to £560. Not too bad me thinks!

Those are the sort of figures I am looking for but MSM want £785 and Hagerty £760.
Will check out some of those others.

Re the age thing, Hagerty only asked if I was over 25 so their quote is not weighted in that way.

Steve

[shithotfast]

Steve_D said:

GTRMikie said:

My insurance, with MSM, was due for renewal 2 weeks after my recent "incident". The premium before was £489. After agreeing to a >£20K repair, the premium increased to £560. Not too bad me thinks!

Those are the sort of figures I am looking for but MSM want £785 and Hagerty £760.
Will check out some of those others.

Re the age thing, Hagerty only asked if I was over 25 so their quote is not weighted in that way.

Steve

Steve.... they must have heard you talking about fitting a diesel to your Ultima... your just not the sort of pipe and slippers man they want !!!

[GTWayne]

Wilder said:

Your all paying too much. Try Competition car insurance. Mines a 55 plate and it costs me fully protected 430 quid .
Tel: [phone] Ask for Wayne.
http://www.competition-car-insurance.co.uk/

Well, with a name like that I felt compelled to give the fella a call. Despite the fact that he is Australian, ( only kidding, I don't have a problem with this at all in fact some of my best friends are Australian, and they are Abo's, short Abo's at that and with limps ), he is a very nice man, dig this; 3k miles p/a, 4 X track days included, covered for 97K ( as long as I have receipts to prove what it cost, and I do, well most anyway ), under £500!
Steve, I mentioned you to him and he said to give him a call, they are not ageist and he has nothing against the colour y e l l o w and assured me that he will "see you right Mate".

Edited by GTWayne on Thursday 27th March 16:29

[gtr-gaz]

Rusti Evo said:

I really struggled with insurance because I wanted high mileage - all the usually recommended companies ran away when I asked for 15k+ a year in an Ultima.

15,000 miles a year....in an Ultima?? They're not BMW's you know

I would be very surprised if any one can beat that sort of mileage!

[Rusti Evo]

gtr-gaz said:

Rusti Evo said:

I really struggled with insurance because I wanted high mileage - all the usually recommended companies ran away when I asked for 15k+ a year in an Ultima.

15,000 miles a year....in an Ultima?? They're not BMW's you know

I would be very surprised if any one can beat that sort of mileage!

Lots of miles, lots of track days, thats going to be one busy GTR

[Wilder]

GTWayne said:

Wilder said:

Your all paying too much. Try Competition car insurance. Mines a 55 plate and it costs me fully protected 430 quid .
Tel: [phone] Ask for Wayne.
http://www.competition-car-insurance.co.uk/

Well, with a name like that I felt compelled to give the fella a call. Despite the fact that he is Australian, ( only kidding, I don't have a problem with this at all in fact some of my best friends are Australian, and they are Abo's, short Abo's at that and with limps ), he is a very nice man, dig this; 3k miles p/a, 4 X track days included, covered for 97K ( as long as I have receipts to prove what it cost, and I do, well most anyway ), under £500!
Steve, I mentioned you to him and he said to give him a call, they are not ageist and he has nothing against the colour y e l l o w and assured me that he will "see you right Mate".

Edited by GTWayne on Thursday 27th March 16:31

Yes Comp car are top dollar when it comes to Ultima quotes/cover. If you have a competition licence you get it even cheaper like me!
Nice guy Wayne -even if he is Australian

[Pb3]

For those of you that swap insurance companies (which excludes me because I have stayed with the same for the last 4 years), how do you decide/agree on the value of the car? Surely this changes each year, but I do not fully understand what would happen in a total loss situation etc. Any ideas?

[Wilder]

Pb3 said:

For those of you that swap insurance companies (which excludes me because I have stayed with the same for the last 4 years), how do you decide/agree on the value of the car? Surely this changes each year, but I do not fully understand what would happen in a total loss situation etc. Any ideas?

The agreed value of the car is stated on the policy document (which you provide). I pressume if it was a total write off then they would likely in any event of a dispute, have an assessor value it according to year milage and spec as with other cars