Insurance guidance needed pls

[Cactussed]

Guys

Looking to invest in a tuscan in the next 2 months.
I just got a quote for a 2000 model Tuscan of £1500 (agreed value of £15,000).

I'm 32, clean licence, living in London docklands (or about to)
Full NCB, 1 prior claim for 4 new wheels due to mechanical failure (4 years ago).

Does this seem average for the car/area?
Are there any other tuscan owners living in East London?
I'd still like to buy one but that is a fair amount of dough...

Andrew

[Tripps]

That sounds about right given your details and location. I paid £1300 for the first year of Cerbera coverage (after two years with an S series), then the best for the 2nd year was £1100. Over in my neck of the woods the postcode is the killer

As you've no previous TVR experience you won't be able to tap into the specialist insusers, but in the 2nd year that could do wonders for the quotes, my first year of S3 ownership was almost £800, while the 2nd was just £440.

[allyt]

Hi, I am 26, 3pts SP30, 4 years NCB, live in Gateshead and insured my t350 for £26000..... £1500 is my premium with elephant.

Get the quote on line, once they give you the amount go back to 'add named driver'. Put on any females such as mum, sister auntie.... they must be older than 30, no accidents, points etc. Put 1 on at a time and keep going to get the quote then go back and add someone else on. watch the quote tumble !!

[Tripps]

allyt said:

Get the quote on line, once they give you the amount go back to 'add named driver'. Put on any females such as mum, sister auntie.... they must be older than 30, no accidents, points etc. Put 1 on at a time and keep going to get the quote then go back and add someone else on. watch the quote tumble !!

I'd be careful doing this for anyone other than a wife or girlfriend who lives with you and obviously have access to drive the car - insurance companies are getting very wary understandably, as a lot of people are using others to drop their premiums.

It might seem good now with the reduced premiums, but if they reduce to pay out for your claim you could be in a lot of trouble...

[allyt]

Tripps said:

It might seem good now with the reduced premiums, but if they reduce to pay out for your claim you could be in a lot of trouble...

I didn't realise this, I have my dad and my auntie on as it brought it down by £500. Surely you can say they drive the car now and again. How can they prove this ??

[Cactussed]

So long as you're named on the policy, I would think it will be alright. Mind you, insurance companies can be very picky when they choose (usually right after an accident) :P

I'll see what happens once I get on the ground. Currently relocating so have to find a house, then a car. I'll prob be heading to a few PH or TVRCC meets first (read - trying to hitch a lift) before I plunge in and buy one, although I'm almost completely sold. Personally think Tuscans look and sound incredible in the flesh, although have yet to drive one. also, a very practical alternative for me the the Mrs.

Thanks for the pointers though people - much appreciated.

Drew

[Tripps]

allyt said:

I didn't realise this, I have my dad and my auntie on as it brought it down by £500. Surely you can say they drive the car now and again. How can they prove this ??

Granted it's not as bad as you being a named driver on someone elses policy, but it's still a risk...

By declaring them on your policy you're saying you're a lesser risk, when you won't actually be as it'll be you driving all the time - all it takes is for you to be unlucky and be the subject of a loss adjustors investigation and the £500 you saved could me peanuts by comparison to what you become liable for.

[blujay10]

Be VERY careful and remember that these sites are open to everybody to view, including Insurance companies! As previously said, by declaring additional drivers (how often are you going to let your auntie drive your TVR?) you are stating that you are going to be driving the car less. This could be seen as misrepresentation and could end up with your policy being cancelled from inception. This information is shared by all Insurance companies and hence you may find it hard to get cover at all.

[allyt]

Ok, thanks for that, the end of the day they have both driven my car on numerous occasions. I could have put my mum on but she has no intention to drive my car. Not sure where the line is.

[Mustang Baz]

Cactussed said:

Guys
Looking to invest in a tuscan in the next 2 months.
I just got a quote for a 2000 model Tuscan of £1500 (agreed value of £15,000).

Andrew - welcome to the Tuscan madhouse. Try A Manning (Matthew Hodge), Competition Car Insurance (Steve Hallam), A Plan, Sunninghill and perhaps Tesco. I live in SW London and my insurance went from £1800 in Yr 1 to £1000 currently in Yr 2 - unlimited mileage, nitrons etc and same age as you. Much depends on your prior experience of similar cars, and beware that the Tuscan often gets slammed with high premiums as they are oft-claimed upon (led to believe 80% of claims come in Yr 1 of ownership). Your quote does not appear bad at all - but given that you may be considering Nitrons on the 2000 model, make sure you are up front about this when obtaining a quote.

There are tonnes of insurance threads on the Tuscan site which will also help you a lot. Really recommend reviewing this as much as possible and ring around like crazy to compare prices.

Finally - if you are considering £1500 as a lot, read as much as possible about the POSSIBLE running costs/repairs. You could be sorted with a super example and incur only normal servicing/running costs. Alternatively, you could need a new engine/clutch etc and £1,500 then seems one of the smaller bills to bear.

[cactussed]

Baz

Thanks for the help there, I'll give all those places a call. I've read plenty about the potential engine/clutch time bombs so gues I am going in with eyes open as much as possible.
Re the quote, I'm from Sydney and my last car there was a 600bhp Skyline GTR (and an MR2 Turbo before that with lots of work - bit of a pig on boost, esp in the wet). I always listed all the mods (which on the GTR were extensive) and had a central city address and was paying AUD1800 which would be about GBP750 so thought I might be able to get away with something similar in the UK.

As you say, a bit of ringing around is always in order, as it was back home, however I had a better idea of things there so thought I might canvass what people were paying in the UK.

Regardless, I'm still intent on a Tuscan I think (barring hating the driving experience which I hope proves unfounded). I've seen quite a few people back home buy a fast car then have to sell it because they were unable to get a quote (silly I know, but some people don't think of the practicalities before buying) so I also thought I'd check I could actually get cover!

Drew

[Mustang Baz]

cactussed said:

Baz

Thanks for the help there, I'll give all those places a call.
Re the quote, I'm from Sydney
Drew

I moved back from the US after 6 yrs there and several of those insurance sources mentioned previously were willing to accept evidence of NCB from US insurers. This really helped as many of the mainstream insurers would not touch me due to not having recent UK experience (recent = past 2 yrs). So if you have the paperwork from Sydney, could help a lot.

[TVR WebMart]

Hi,

From what I've seen on other forums APLAN seem to be popular at the moment. I insured my Impreza (I'm between TVR's at the moment!) with Liverpool Victoria last time, after a lot of shopping around.

Regards,

Rich