Monday 28th July 2008

Caterham Launches Insurance Scheme

Bespoke insurance now available for drivers of Sevens

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Cover questionable if there is no driver

Caterham has created its own insurance specifically for Sevens. The tailored insurance cover joins the company’s other services - used car sales, customising and a race programme – to give owners a ‘complete ownership experience’. The insurance has been designed to cover modifications to Sevens and track days, two things that are important to its customers.

Caterham sales and marketing director, Andy Noble, said: ‘For the thrill of driving and the joy of ownership, the Seven simply can’t be compared to any other vehicle; this is why Caterham believe it can’t be insured the same way. With our own insurance, customers are able to come to one of our showrooms and, whether it’s a new or used car they’re interested in, we can sort a complete deal under one roof.’

As an introductory offer, Caterham Insurance is offering four years no claims bonus to new customers. Agreed values can be provided for cars over 10 years old and claims can be made 365 days of the year and all repair work is carried out at one of Caterham’s three locations. All policies include free breakdown cover and there’s no excess to pay on windscreen repair or replacement if the work is undertaken by Caterham.

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I have already spoken to Caterham Insurance about a quote for "my" R500 (still in a desperate battle with the wife over buying one)

It was quite the novelty to phone up and say "hi, i would like a quote on an R500" and the chap on the other end said "no problem, is it a K-Series used car or a new Duratec powered one" ! (one of the other "specialist" insurance companies was ten minutes into my quote before the girl realised that it was a car and not a motorbike i was getting a quote for - doesn't really inspire confidence!)

Anyway, after getting back up off the floor and receiving the quote, it was very competitive on price and included 4 free trackdays, which was nice.

They will certainly be getting my business if all that is good and right happens and the missus lets me buy one without the need for a divorce lawyer.

Edited by atom-ick on Monday 28th July 13:07

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fastfrank said:

yep, i've also spoken to them and yes they appear very cheap until you consider this is for limited mileage only (3000miles in my circumstance). It was another £100 to move it up to 4000miles :-(

even considering this my insurance was significantly cheaper, with the added bonus of free trackdays.

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mk1fan said:

Do you mean free cover for four track day events or four free track day events?

my mistake!

Sorry, typed it in a hurry - insurance for 4 free trackdays. Unfortunately i will have to pay for the actual trackdays, unless anyone knows a way of getting them free too!