Author Topic: Car Insurance  (Read 1673 times)

djbthatsme

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Car Insurance
« on: October 20, 2017, 06:35:05 PM »
The carltons insurance is coming up very soon and I was wondering whether anyone can recommend an insurer - a tall task I know.

I would also be interested in anyone who as managed to get a fixed pay out quote for a write off.

Still can't get my smileys to work.

0795omega

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Re: Car Insurance
« Reply #1 on: October 21, 2017, 11:12:57 AM »
im with richardson hosken classic policy 01277 206911 fully comp 4000 miles a year kept on drive, breakdown cover included free no claims bonuses dont build up though! was about 210.00 for my L reg 2.0 cdx.

djbthatsme

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Re: Car Insurance
« Reply #2 on: October 21, 2017, 12:15:30 PM »
Hello 0795omega,
Thanks for replying to my post.

I have a J reg 2.0 CDX which is kept on the drive and covered  approx.  3300 miles last year. 

So the details sound similar to yours reference the car.

Why did you choose Hosken Classic policy, do you have an agreed price should the car be a right off.
« Last Edit: October 21, 2017, 12:18:58 PM by djbthatsme »

0795omega

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Re: Car Insurance
« Reply #3 on: October 23, 2017, 03:06:18 PM »
i chose them because had a classic in the 90s and used them then,found them to be reasonable on price for the policy level,agreed value is what i paid for the car in 2012 which was 400.

djbthatsme

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Re: Car Insurance
« Reply #4 on: October 24, 2017, 05:08:55 PM »
Thanks for your reply 0795omega,
I find it difficult to compliment you on the agreed value that's been arranged for your CDX.

IMHO 400 is far to low for this model car if its been well looked after.

My Carlton is, in my opinion, very well looked after where I've spent over 1500 in the last 18 months.

Major bodywork repairs costing about a grand together with back end refurbishment of 500 achieves this total without including other bits and bobs. Previously the head was changed for  a reconditioned unit which as you can probably imagine cost quite a bit.

Insurance companies are guided by glasses guide and others to reach a cost when they offer a market valuation for the car when a claim is made. They clearly are looking toward paying out as little as possible when forced to do so. You may well benefit from checking out the valuation for your motor for future reference.

I've offered this advice to be helpful and constructive. Hope it proves useful.

David   

carlton_mad

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Re: Car Insurance
« Reply #5 on: October 25, 2017, 09:01:11 AM »
You should be looking at agreed values around the 4k mark due to the rarity of these once very common cars.
At 400 you couldnt replace 2 doors should you need to a rear door for example will cost between 150 and 200 depending on condition and similar prices apply to the front!
what would life be like if we all drove fwd cars? feckin boring that's what rear drive or bust

djbthatsme

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Re: Car Insurance
« Reply #6 on: October 26, 2017, 06:42:04 PM »
Thanks for your input carlton_mad,
The points you make are very valid and if you consider that once the doors are found they would have to be seen and transported. Then they would have to be fitted to the car and painted to conform with the colour of the car. Remember that the cost of the transportation, fitting and painting would have to be included to reach an overall  price to bring the car back to the state it was before the damage occurred. Indemnity is what you are paying for and that is placing the owner of the insurance in the same position he/she was in before the incident occurred.

I have made enquiries, which are still ongoing, that seem to indicate the Carlton can be covered under an agreed value insurance policy. Adrian Flux (Harry) stated that my car could be insured for 150 plus 30 to pay for an agreed value of 5000. I haven't got the policy yet so this may or may not transpire. The insurers are Sabre .

I will keep you up to date because tentatively there is a benefit for all Carlton owners and why shouldn't we. We've spent the time, money and effort to keep these cars on the road.


chris

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Re: Car Insurance
« Reply #7 on: October 27, 2017, 02:52:14 PM »
Please have a search around the net for reviews on Adrian Flux before risking taking out insurance with them.

I'm one of the many people who wont use them, I've had a bad experience and so have many other people. You might think that every company will have some customers with bad experiences but I think you will find that AF have way more than anyone else.

Retro rides was the last place I recall seeing a lot of anti Flux talk.

There are lots of companies that will offer agreed value classic insurance, both of my Carltons have it and I've been taking out agreed value insurance on my red car since I bought it in 2008. I'll check who I'm insured with as its slipped my mind.

Anyway, other than that, the cost of repairs is irrelevant, the company doesnt have to repair your car if the cost of repairs is more than the value of the car, its just an economic write off. It doesnt matter how much some doors cost, if the car is worth for example 1k and the cost of for example some doors and other bodywork and paint comes to more than 2k then it doesnt get fixed.
Agreed value insurance is supposed to reflect what the car is worth, not what you spent on it or what it would cost to fix.

8valver

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Re: Car Insurance
« Reply #8 on: October 27, 2017, 03:21:49 PM »
One issue with AF is they are a broker. So i think a lot depends on which company actually provides the policy. Had my insurance through them currently and last year but mostly because the car is heavily modified and nobody else can get close to the price. Not 100% which company is actually covering the car this year but haven't had to claim yet, which unfortunately is the point when you find out if your insurer is any good or not :/

Im not saying its not a risk, im well aware that there has been quite a few horror stories involving them.

No agreed value on my car, but if written off i would be retaining salvage and repairing if simply an 'uneconomic' write off or reshelling if it was properly dead.
« Last Edit: October 27, 2017, 03:26:34 PM by 8valver »

0795omega

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Re: Car Insurance
« Reply #9 on: October 28, 2017, 11:37:45 AM »
im with you 8 valver on that,god forbid mine getting written off ! i would also take back the salvage and fix myself to keep it on the road and fully realise that no matter what youve spent on your pride and joy the insurers say its a right off sorry heres say 500 for it if that? thats why i insure it for 400 irrelevant to them ive spent over 6000 on her!! their allways quick to take your premium money then cop a deaf -un when time to pay out!




djbthatsme

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Re: Car Insurance
« Reply #10 on: October 28, 2017, 08:11:00 PM »
Thanks for your replies guys,
I'm struggling to find an insurance company that I can rely on. After hours searching on the net and reviewing the options I'm left wondering which insurers I can depend on.

Further to listening what Adrian Flux had to offer and then receiving their written quote I came to the conclusion that the two weren't the same. This left me feeling uneasy so whoever they were dealing with wasn't really the issue IMHO. From my investigations AFs' underwriters are a company called SABRE.

Chris I would like to know who you have your cars insured with. Times running out for me now and I will soon have to insure the Carlton with someone.

I am grateful to all of you for your help so thank you once again.



 

chris

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Re: Car Insurance
« Reply #11 on: October 29, 2017, 10:37:50 PM »
Sorry for the delay DJB.

Mine is with Peter James insurance. http://www.peterjamesinsurance.co.uk/

Their service has been faultless in the couple of years I've been with them. I've asked for lots of specific requests and they have sorted everything out and put it in writing.

I've got 3 cars on one policy.

One Carlton GSi, agreed value, commuting included, has to be parked off the street but not necessarily in the garage, no mileage limit.
Another Carlton GSi, commuting and agreed value and can be parked on the street , no mileage limit.
and an old Kit car (UVA Fugitive) which I found hard to insure even with kit specialists as many dont like buggy style cars. Has to be garaged, not agreed value.

I'm very pleased that you worked out Flux and their lies before sending them money, they are well known for it and I have first hand experience.

They will insure just about anything and their prices are low, but I happily pay more to a reputable company for peace of mind, thats a big part of what insurance is for after all.

djbthatsme

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Re: Car Insurance
« Reply #12 on: October 30, 2017, 12:56:05 PM »
Thanks very much Chris for your reply,
What you have given me seems very useful.

There are some minor problems that need ironing out before I can commit .
The comments about your GSis  are very relevant because they mirror my circumstances to a certain extent.
My 2.0L Carlton CDX  would be kept on a drive and would not be used for commuting because I'm retired and I don't drive many miles.
Ideally I want to find a policy that includes an agreed value with no mileage limitation but what I've been offered is only up to 3000 miles, which is rather low.
This should be just about enough considering that the car only covered 3300 miles up until the last MOT about a month ago.
But I don't want to be left in a position where I'm laying up the car just to keep within the mileage quota.

Have you any advice concerning this?

Perhaps I should speak to them again to see whether the mileage allowance could be increased .

Thanks again Chris.


 

chris

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Re: Car Insurance
« Reply #13 on: October 30, 2017, 05:43:45 PM »


Perhaps I should speak to them again to see whether the mileage allowance could be increased .

Thanks again Chris.

I'd ask the question.

Some brokers will find a quote with no mileage limit, others will make an effort to contact the insurance company and negotiate an increase, others will be no help at all.

My experience of the broker I'm with is that they will put any change I request to the insurance company and get back to me, so far always with good answers.
I started with one car with them and added the others as and when, at one time it was four as I had a 1973 Beetle on the same policy too. I've changed the places the cars can be parked several times and added commuting with no problems, everything in writing for peace of mind.
My cars have some modifications too which I've told them about and again had no problems.

I'm sure there are lots of other good companies out there too so there is no need to tolerate one that isnt honest and helpful.

Your situation should be easy to get good cover for on a specialist policy with agreed value so i hope you get sorted out OK.

Any decent company will ask you to fill in a report on the condition of the car and send photos for an agreed value classic / specialist policy. Thats well worth the hassle as both of you have evidence of exactly what was being covered for the agreed value.

djbthatsme

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Re: Car Insurance
« Reply #14 on: October 30, 2017, 07:30:01 PM »
Thanks for getting back to me Chris,
Sadly the info I have to relay is not bright.

I spoke with a Peter James employee again today and clarified what the offer was, which was worse than I'd already found previously.
I even put to her that a fellow club member (without mentioning your name) had insurance with them but she just fobbed me off and stated that
our circumstances were different and what was offered was the best option available.

The proposed insurance was 361.00 to cover the CDX up to 3000 miles a year with or without an agreed value. 
If an agreed value option value was achieved then it could possibly be a goer but the mileage quota would still be very tight.

I'm running short on time with the insurance due to start one minute after on Wednesday so I'll have to find the best I can.

Thanks for your help once again. 

 

carlton_mad

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Re: Car Insurance
« Reply #15 on: October 30, 2017, 08:05:17 PM »
Try Haggerty  insurance and ask for ian arthur he was a founder member of TC and is an all round good bloke!
what would life be like if we all drove fwd cars? feckin boring that's what rear drive or bust

djbthatsme

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Re: Car Insurance
« Reply #16 on: November 03, 2017, 05:51:10 PM »
Thanks for your reply carlton_mad,
I spoke to Ian Arthur but he was unable to help me yet he recommended another company where I also drew a blank.

In the end I came to the conclusion that whilst there may be someone who could give me an agreed value insurance policy there wasn't sufficient time for me to carry out any further research. Being retired I could and did spend hours over a number of days in my quest. There were many making offers but I personally didn't like the policy wording which needs to be carefully read. Some alternatives were worse than others even to the extent that one of the cheeky !!!!!!!!!! expected you, the one being insured, indemnify them the insurer.

Because of my previous experience, concerning a write off, I became more investigative in evaluating the options on offer confirming that the contracts are clearly weighted in favour of the insurer - as if we didn't already know this.

In conclusion I used the widely held belief that you get what you pay for and opted for NFU Mutual who were highly rated to the extent of being the best insurers in UK for 2016 (Which).
They weren't the most expensive by a long chalk at 315.96 for the year, where others increased far beyond this with some disappearing into oblivion.

If you asked me are you completely satisfied with your decision, I would answer no but I feel the warmest vibes amongst all of the options transpired when I evaluated NFU's offer. If I have made the wrong decision or a bad decision I have at least put some thought and effort into it. Only time will tell.

I have left these thoughts with you in the hope that someone else may benefit from my knowledge and experience.   

chris

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Re: Car Insurance
« Reply #17 on: November 03, 2017, 10:58:06 PM »
Its a shame to hear that it was so difficult to get what you want, sadly not too shocking as I agree that if you take great care over insurance smallprint its difficult to find something without any downsides.

I dont think there is any one company offering classic insurance that is good for everyone, it seems like the only thing to do is talk to as many as it takes to find one that works for you.

Anyway, hopefully the one you have found will work out well for you. I would (and have done) also pay more for insurance from a company that seems competent and honest. I'm sure none are perfect but you at least need some peace of mind knowing that you made every effort and chose one that gives a decent service in return for your money.

djbthatsme

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Re: Car Insurance
« Reply #18 on: November 04, 2017, 06:19:12 PM »
Thank you Chris,
It is of paramount importance to read the small print, although it can be frightening if you understand their jargon.
I can only agree with your sentiments.