God Damn Tea Leaves (Insurance Rant)

[JamieBeeston]

Time of the yr again,


looking forward to a nice cheap renewel,

was all on track down from £2k to £1500. all going fine..

Then someone convinces me to get a Mark Adams chip, so, I call them and ask, How much will you sting me for this chip..... £65 they say..

Hmm says me, sounds reasonable, BUT, how much come renewel, oh she says £65 should be the same them, its a one off fee...

Hmm says me, Ok..


Now, insurance renewel comes thru £1900...

WHY? cos they loaded it £400 for the Chip...

Call and rant and rave at em, explain how EVEN with the chip, cars not making anywhere near TVR's figures.. so, how can they class it as a BHP increase when its not increassed over 'stock'

Their response.. fine.. we will remove the chip off the policy as your car doesnt make more power then stock,

HOWEVER, IF you claim, and we discover the car has been modified in such a way as to make even 0.1% more power then WITHOUT the mod, you will be in the shit.


Hmm, Say I, what about if i replace my air filter with a new one, that will increase power...

Guy mumbled about being sorry, but that was what he been told!

GRR..

SO, I call around..

NOWHERE wants me,

23, owned car a yr, 3yrs ncb, no claims, only 3 pts from 2 yrs back!! excellent area..

Mannings said 'come back in 2 yrs, and its £700' for now, sorry..


privaledge, liverpool vict, sorry, your too young for such a powerful car..



Looks like I am gonna have to pay Tescos the theives

Annoyed is not the word.

[shadowninja]

try bell direct. not sure of their number. i have it somewhere.

they told me they're trying to encourage more enthusiasts onto their books... ie my premium was 100 cheaper than sunninghill.

[apache]

take your business elsewhere, tell their Manager and tell him you told us about it

[JamieBeeston]

£3k



ta anyway

[apache]

ouch!!

[dexdringle]

At risk of annoying people on here ask yourself a question :

If you owned / ran an insurance company would you insure a 23 year old with a V8 TVR ?

I wouldn't - not at any price. I'm surprised they're not quoting gross premiums of £10k. Actually, I'm surprised they quote at all.

Sorry !

[JamieBeeston]

hmm,

7 years of claim free motoring not enough for you ?

I actually took a step down in powert for the TVR..

but I do take your point...

I wouldnt write off anyone who had the credentials to back up their car...

IE Claim Free Motoring, no silly points for drink / drugs, and some ncb.


i know sensible 18 yr olds and mental 40 yr olds, the world spins in different ways...

on the whole, I would agree that the younger generation are more of a risk, I would say the only higher risk grp are the 40 summins on bikes...

but i digress..

my age shouldnt matter, what should matter are my 7 years of driving, 5 of which in super cars / bikes, with 0 claims..

I was told quite categorically, were I 18 mths older, my premium would be £700 instead of £1800

thats almost £100 a month discount.

Thats what I am objecting too... but I realise that companies need policies

[strat]

I bought a Chim 500 when I was 23 just over a year ago and found some outragous quotes - average was between 4 and 5k!!! However, called Direct Line and they insured me for 2k. Out of interest I had zero no claims as well (though I did not have any claims from 6 years driving on parents policies)... I would try them.

[strat]

Try direct line - they insured me for 2k at age 23 with no NCB! (Admittedly, no claims either!)

[shadowninja]

oh

thing is I have been in cars with a few teenage and early 20s drivers and their ability (apart from the odd driver) is scarily poor... lack of observational skills for one, acting like they are invincible also... and immediately I understood why my insurance premium is relatively high. But I'm not about to start insulting my friends

[JamieBeeston]

Weird

Tesco / Direct Line / Priviledge are all the same comapny behind the scenes

Priv refused to quote as i was under 25, even tho they insured me on my 98 GTO Twin Turbo :/

I said i was thinking of calling direct line, and she said dont bother, their even stricter than us,


tesco is the only one who 'takes the risks' as she put it :/

will try em tomorrow anyway.

[strat]

Ooops - sorry about the double direct line prompt there. I don't work for them, honest. I shopped around a lot and most places would not touch me. I don't recall trying Tesco but I was repeatedly told by people that D.L. are cheap and not particularly cagey about young drivers/fast cars... Good luck!

[PreTVR]

You could also try Classic Line (search these forums for their number) though I believe their policies are only limited mileage - the max being 5k with an optional increase to 7.5k "later" (though still during the year of the policy) should you need it.

[PeteB]

Try Cheam, 020 8770 1001. Insured a friend of mine on a Cerbie for £1300 a few years back, when he was 23.

[JamieBeeston]

Tried Cheam, wouldnt quote cos my age made me 'uncompetative'

Tried classic line, but got a lovely 'we are shut for dinner, call later' message


Will call later

ta guys

[GlennP]

Back to ranting! I got my Chim in August. £700 fully comp with NIG. So far so good. Then they got my proof of no claims (5years) "sorry, you had an accident 2 years ago - we're putting your premium up" okay, you asked for my no claims bonus when you did the quote and it's 5 years, you didn't ask for any accidents in the last 5 years. Clearly protected no claims is worth very little if you move insurer.
Anyway, I paid a further £180 to keep them happy. Premium is now £880. Today they ring me up and say. "We don't have proof of an immobiliser being fitted" No. As I told you before - it's factory fitted. No fitting certificate. "And we need proof that you've driven a performance car before or your premium goes up to £1000!" I had a Nissan 200sx turbo before my last car (a scabby runabout shed!).

So the upshot is I've told them to cancel the policy. I'll get my insurance somewhere else. Sunninghill have just quoted me £976. Can Anyone do better? I'm 35, married, 10k miles on a 97 4.0 Chim.

Insurers - there's a special corner of Hell awaiting them.

[JamieBeeston]

Well, Update

I called back today to get a courtesy car insured, (mines off to have some work done by our very own 2sheds)

Get the Volvo S60 added, and they chap says

WOW, a TVR.. they fckin rock..

OOPS

SORRY Sir,

I mean thats a great car...


He then tells me that my insurance is up for renewel, and would i want to do it now...


No, i say, and explain why..l


OH he says... one moment,,


right sir, the renewel will be £1500..

erm, what, i say, that doesnt include the chip does it,


it does now he says

i asked him to confirm back that it did,

he agreed it did,.

said he applied the max discount allowable..

tops..

Sorted now. excelletn chap, fired off a nice email to tesco praising his customer service skills (at his request)

[chim450]

GlennP said: Back to ranting! I got my Chim in August. £700 fully comp with NIG. So far so good. Today they ring me up and say. "We don't have proof of an immobiliser being fitted" No. As I told you before - it's factory fitted. No fitting certificate. "And we need proof that you've driven a performance car before or your premium goes up to £1000!" I had a Nissan 200sx turbo before my last car (a scabby runabout shed!).

So the upshot is I've told them to cancel the policy. I'll get my insurance somewhere else. Sunninghill have just quoted me £976. Can Anyone do better? I'm 35, married, 10k miles on a 97 4.0 Chim.

Insurers - there's a special corner of Hell awaiting them.

Had exactly the same trouble with NIG regarding immobilizer. I too told them to piss off and got a much better deal through PEART.



>> Edited by chim450 on Wednesday 20th November 15:03

[chim450]

JamieBeeston said:

right sir, the renewel will be £1500..

erm, what, i say, that doesnt include the chip does it,


it does now he says



i asked him to confirm back that it did,

he agreed it did,.

said he applied the max discount allowable..

tops..

Sorted now. excelletn chap, fired off a nice email to tesco praising his customer service skills (at his request)

Nice!

BTW that has got to be the biggest picture ever in your profile Jamie. Thank god I have broad band. Nice looking Chim though.

[chimi500]

Dosn't look good for me i crashed the chim causing £11k of damage, NOT looking for ward to re-newal
p.s i'm only 21