How do you insure your 10yr+ car?

How do you insure your 10yr+ car?

Author
Discussion

K50 DEL

9,237 posts

228 months

Wednesday 14th September 2016
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Only thing I can figure is maybe Phil's correct, they all do it though AIG where the total value of things being insured exceeds 300k

Otherwise I have no idea, someone many moons ago mentioned having 3rd party insurance locally and arranging top-up insurance to Comprehensive using an International insurer but I have no idea how that would work.

e21jason

717 posts

219 months

Thursday 15th September 2016
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I have fully comp on the fezza 2 polices one for local 3rd party uae insurance, and a second top up policy for physical damage.

I used Rahul at http://www.greenshield.ae/

Jason

Randompunter74

642 posts

144 months

Thursday 15th September 2016
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There is only one I know of, AIG Private Client Group (Not main AIG).
They insure my E Type Fully comprehensive and have done other classics I have had. (About 2% of value if I recal, or just over)

All other insurers will generally only do Third Party, which is well cheap. I used to pay like 550 AED on my 1982 911 3.0 SC. That was with AXA if I recall.

Cheers

Gaffer

7,156 posts

277 months

Wednesday 28th September 2016
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I insured my 09 Cayenne GTS fully comp with Al Nabooda insurance, it was basically transferred from the previous owner.

How long they will do it for..? no clue.

Claire

Onetrackmind

813 posts

213 months

Tuesday 4th October 2016
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Just tried greenshield and spoke to th very helpful Rahul. He thought he could get me fully complete cover in addition to the third party cover he found at a very reasonable rate. Unfortunately, as the underwriters (lloyds London) considered the car high powered and not as old as their usual pre-1998 usual age requirement, they couldn't quote me. So, if you have a relatively powerful 10-18 year old car you are in a no mans land of third party only. Otherwise, you are sorted. Thanks, Jason for the lead.

shirt

22,569 posts

201 months

Wednesday 5th October 2016
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Thanks for the feedback. What do they class as high powered?

Onetrackmind

813 posts

213 months

Wednesday 5th October 2016
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414 bhp 2001 911 (996) Turbo. Same as current Carrera S! Still worth contacting them as age and experience may influence whether they can quote you.

85Carrera

3,503 posts

237 months

Wednesday 26th October 2016
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K50 DEL said:
Otherwise I have no idea, someone many moons ago mentioned having 3rd party insurance locally and arranging top-up insurance to Comprehensive using an International insurer but I have no idea how that would work.
I had a Clements IVRM policy, which provided comprehensive less third party cover, with the third party cover taken out locally. Cost was about 5% of the agreed value of the car. Never had to claim on it fortunately so can't comment on how easy making a claim would be.

stuckmojo

2,979 posts

188 months

Tuesday 6th December 2016
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Struggling myself with insurance renewal for my 2008 g55. I was with Zurich, which is closing shop next year. I'll give Rahul a call.

For fully comprehensive, they will hammer the valuation to the poiny it doesny make sense

Stylus

154 posts

173 months

Sunday 22nd January 2017
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Does anyone have any recent tips or companies willing to offer fully comp on 10+?

Running a few quotes now with those mentioned above.

72911

111 posts

165 months

Monday 23rd January 2017
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Oman insurance will do it.

Stylus

154 posts

173 months

Tuesday 24th January 2017
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They've knocked it back, the search continues.....

shirt

22,569 posts

201 months

Tuesday 24th January 2017
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who is 'they' and what car?

would be useful to update this thread with relative success when achieved. jase has managed it as have others we know of so there is a route in place. i think it depends what you're trying to do. for example i think an 07 911 or amv8 would struggle as they are not exactly rare motors. an 07 f430 scuderia may fare better.

stuckmojo

2,979 posts

188 months

Wednesday 25th January 2017
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On my side, I managed to insure my 2008 G55 but not without struggle.

Rahul was brilliant. Recommended.

However, the insurers did try to kill the valuation of the car first and I had to insist on a certain value (otherwise it would have been pointless to insure fully comp).

If I keep the car another year I am pretty sure it will be impossible to insure fully comp unless the rules change.

FYI

e21jason

717 posts

219 months

Wednesday 25th January 2017
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Tried Oman insurance for fully comp, they failed with the fezza, Caterham and z3c coupe