Land Rover's Now Uninsurable

Land Rover's Now Uninsurable

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grand cherokee

2,432 posts

198 months

Saturday 31st January 2015
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ZOLLAR said:
Not alleged at all, it is a serious problem.
I spoke to an officer in the Met last week who stated they're seeing on average 16 Range rovers a night being stolen (that doesn't include the Lexus's, BMWs etc that are being taken too)
That's around 480 a month, depending on age and mileage the average cost we're seeing is between £40,000 - £50,000.
Taking the lower cost that's over £19 million pounds worth of vehicles per month.

Those sort of figures make insurance companies concerned.
guess your in the insurance business?

insurance companies are concerned about paying out money - see the Somerset Levels claims


if so it might help people if you say who you work for and your position to do risk assessment on Range Rovers?


Edited by grand cherokee on Saturday 31st January 13:25

ZOLLAR

19,908 posts

172 months

Saturday 31st January 2015
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grand cherokee said:
at a value of £40 - £50K that will be L322's not the L405!

at the end of the day I'm not bothered - I was lucky to have Cat 5 fitted to my car and paid the three year subscription and get full insurance cover - if its stolen I get paid out

but there are insurance issues that have caused me problems - if you carry a lot of very expensive fishing tackle in a car where it cannot be out of sight in a locked boot - but that's another story, lol



Edited by grand cherokee on Saturday 31st January 13:08
I said average, I have a few £80,000 going through to.

ZOLLAR

19,908 posts

172 months

Saturday 31st January 2015
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grand cherokee said:
fully aware of the 'smart phone' app - lets just say if you can disable your car remotely somebody else can enable it remotely - that's why I never trust ANY mobile device - they are a hackers wet dream
Indeed, which is why the problem isn't "alleged" it's a genuine concern.

ChrisR99

452 posts

110 months

Saturday 31st January 2015
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My dad doesn't need a tracker for either the 2014 Range Rover Sport or 2014 Defender with Direct Line.

danorman777

20 posts

110 months

Saturday 31st January 2015
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How many people have been told they must have a tracker?

I am ordering a new RR Sport and asked about this and the dealer said it had all been sorted now?

V8LM

5,166 posts

208 months

Sunday 1st February 2015
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I believe InControl Secure comes as standard on the Sport.

bogie

16,344 posts

271 months

Sunday 1st February 2015
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Many insurers want a tracker on any car worth over a certain amount, regardless of security (or not) ...say over £30 or 40K in value

...its just another way of you paying to insure the insurer against total loss. if your car is nicked they are going to pay you out regardless...


danorman777

20 posts

110 months

Sunday 1st February 2015
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I hope incorntrol secure will count. Mine definitely will have it so let us hope the insurers count it as such.

dudleybloke

19,718 posts

185 months

Saturday 7th March 2015
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Eleven

26,271 posts

221 months

Saturday 7th March 2015
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dudleybloke said:
Here is some more: http://lincs.police.uk/News-Centre/News-Releases-2...

Those are the Lithuanian tts that nicked mine.

Steve H

1,168 posts

223 months

Friday 1st May 2015
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We have many clients with these types of vehicles and we have found that a number of insurers are now insisting on Cat 5 Trackers at renewal. As their Broker we simply talk to the client and offer them a renewal option with a Cat 5 Tracker fitted or an alternative policy which does not need one. It really is simple and what a good Broker should be doing.

This also stands for anyone using a "Direct" company...simply find one that doesn't require one and change

tescorank

1,985 posts

230 months

Eleven

26,271 posts

221 months

Saturday 2nd May 2015
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tescorank said:
Detective Inspector Julie Wakeford said:

"At this stage we also don't know how the thieves have driven the Range Rovers away as none of the owners are missing the fobs used to open and start the vehicles".

No? Google it Love.


BlackGT3

1,445 posts

209 months

Sunday 3rd May 2015
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I've just renewed the insurance on our 2014MY RRS. The existing insurer came in with in 5% of last years premium at £760. I shopped around and eventually went with a multi car policy with the existing insurer of my BMW. RRS premium is £374. Tracker required due to the cars value however, the previous insurer had same requirement. A cat 7 tracker was acceptable.

Edited by BlackGT3 on Sunday 3rd May 12:00

mattf93

1,273 posts

114 months

Sunday 3rd May 2015
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Excluding the title of the OP, the reason that most of them are stolen easily is due to the keyless go/passive entry systems that can be easily hacked (as Im guessing you are aware). This is a problem that effects ALL systems no matter what manufacturers say for the time being, its just X5s/Range Rover Sports/FF Range Rovers are the most targeted vehicles along also with RS6 and RS4 estates. (although not all rs4s have keyless go).

Most manufacturers haven't sorted this out yet primarily due to cost although I can 100% guarantee they are aware of the flaws in a car, to those in 2012 range rovers, to my knowledge the sport still used a key rather than keyless go but may be wrong?

To protect these cars insurers are now requiring either/or or in some cases both CAT 5 trackers e.g. Cobra and something that can protect/disable the OBD port being used also some policies require a lovely and attractive steering wheel lock from the 80s... This generally effects vehicles in London more than anywhere else though.

I guess in relation to insurance is generally insurer/underwriter dependent that said its not all based on a vehicles value - a friend picked up a 911 C4S up the other day and was told in no uncertain terms by insurers that they would not insure her without a tracker on (I believe it was CAT 5 but can't be sure).

Yes they may be an expense you could do without but if you've worked hard enough to have a nice car you could do well to protect it properly!

mattf93

1,273 posts

114 months

Sunday 3rd May 2015
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grand cherokee said:
Phil. said:
No argument that anyone who buys an expensive vehicle can afford a Cat 5 Tracker and it is reasonable to do so. I have fitted trackers on many new and nearly new high value/performance vehicles as a requirement of the insurer. I don't accept fitting a top-end tracker should be the case for all LR vehicles. The cost of swapping my wife's Evoque on 1st March for a new Discovery Sport has just increased by circa £1k.

The point is, because LR have not fixed this known security issue that has been prevalent for years and which they should have predicted because of the BMW previous situation, ALL owners of LR products, new and old, are now being retrospectively penalised mid-ownership and there is nothing coming from LR to suggest they have a solution in sight. This is unacceptable customer service from a premium brand/priced company IMHO.

Never heard of an unlimited mileage insurance policy before at £500 for a £70k motor. Who is that with?

Edited by Phil. on Thursday 29th January 12:32
then buy something else?

nobody makes you buy a Range Rover/Land Rover

with who? - a good honest broker who posts on here!

at the end of the day you pay your money or not - but stop bloody whinging!

your '70K motor' comment shows a total lack of class


Edited by grand cherokee on Thursday 29th January 14:59
Grand Cherokee why do these derogatory comments seem to pop up all over? Just because YOU have the money to buy a range rover does not automatically mean that it makes you a person of class either - you really shouldn't be so quick to judge especially on an open forum where you don't know people. Constructive comments are fine but personal remarks just aren't necessary - rise above it.

tescorank

1,985 posts

230 months

Rowley Birkin

26,271 posts

221 months

Thursday 25th June 2015
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Is Land Rover still denying that they have a security problem?

mattf93

1,273 posts

114 months

Thursday 25th June 2015
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Rowley Birkin said:
Is Land Rover still denying that they have a security problem?
all manufacturers with keyless go have a problem, its a flaw in the system that is not yet fixed!

Rowley Birkin

26,271 posts

221 months

Thursday 25th June 2015
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mattf93 said:
Rowley Birkin said:
Is Land Rover still denying that they have a security problem?
all manufacturers with keyless go have a problem, its a flaw in the system that is not yet fixed!
I know that. But when mine was stolen without the keys one of Land Rover's senior people called me to insist at length that they had no security problem whatsoever. Not even a little one. In fact to even suggest such a thing was nonsense.