Land Rover's Now Uninsurable
Discussion
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?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.
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
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
I said average, I have a few £80,000 going through to.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
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.dudleybloke said:
Here is some more: http://lincs.police.uk/News-Centre/News-Releases-2...Those are the Lithuanian tts that nicked mine.
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
This also stands for anyone using a "Direct" company...simply find one that doesn't require one and change
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.
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
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!
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!
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?
then buy something else?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
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
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!Gassing Station | Land Rover | Top of Page | What's New | My Stuff