Insurance for TVR and 205Gti

[rob7]

Anyone have experince about insuring 2 cars? i plan to buy a cheap 205 gti for a second car. only problem is i am being quoted £900+ to insure it - car is only worth £500. i am 25 and only have 2years ncb on the tvr. any suggestions?

thanks.

[19560]

How many miles do you intend to do in each? Can't you put one on a Classic style policy?

[yiw1393]

Put the Tiv on a limited mileage/summer only type policy - or a classic policy, how old is it?

Transfer the NCB to the Pug. Is that quote fully comp? why not insure the Peugeot Tpf+t only? Especially as it's only worth ten tanks of fuel?

[rob7]

yiw1393 said:

Put the Tiv on a limited mileage/summer only type policy - or a classic policy, how old is it? Transfer the NCB to the Pug. Is that quote fully comp? why not insure the Peugeot Tpf+t only? Especially as it's only worth ten tanks of fuel?

At the moment i have a 4.0L Chimaera 96 'N' plate. I have it ensured throu Tescos at the moment (cheapest for me 1200fully comp)- tpo is still silly money on the 205 for me. But still want the TVR insured all year round for the 'nice-bright cold winter days'. guess if i want both then i will have to pay....

[Tripps]

rob7 said:

Anyone have experince about insuring 2 cars? i plan to buy a cheap 205 gti for a second car. only problem is i am being quoted £900+ to insure it - car is only worth £500. i am 25 and only have 2years ncb on the tvr. any suggestions?

If you've had your Tiv more than a year try ClassicLine or some of the other classic insurers, as they'll provide a future-classic policy which will be hard to beat.

Otherwise the larger providers sometimes allows sharing of NCBs, and the insurer who Tesco use might be worth a try for this.

[S3 Kieran]

I went with classicline on limited mileage policy, and they 'mirrored' my full NCB on the tin top!

I thought they had made an error, and my so much more honest than me wife insisted I double check. I did, and they confirmed I have full NCB on BOTH cars, despite not earning them on the Tiv - result

[Swilly]

Check you TVR insurnace policy for a clause that allows you to drive any other car that 1)You dont own or 2)is not on hire etc.

Transfer ownership of your 205 to a family member.

Permanently 'borrow' their 'new' car from them.

Result: Legally drive the car at no extra insurance cost.
The car you say is worth £500 so i assume you are not interested in fully comp anyway.

[Ding]

I am just doing the same thing.

Transfered no claims to Tiv (£501) Limited to 6000 miles

Pearts were cheapest for the Clio as well, coming in at £507 with no no claims, but a discount from the full horror.
Cheaper than my current insurer could do.

Eli


Edited as I cannot read or type!


>> Edited by Ding on Friday 7th November 10:11

[Tripps]

Swilly said:

Check you TVR insurnace policy for a clause that allows you to drive any other car that 1)You dont own or 2)is not on hire etc. Transfer ownership of your 205 to a family member. Permanently 'borrow' their 'new' car from them. Result: Legally drive the car at no extra insurance cost. The car you say is worth £500 so i assume you are not interested in fully comp anyway.

The insurance companies have got wise to this though it appears now.

I've spotted items in T&Cs about emergency use only and suchlike, so be careful.

If you have a minor low cost ding they probably won't dispute the claim, but if its a big claim (reversing into a Bugatti Veyron etc.) and they decide to check up and find you've been driving on the emergency facility, they may refuse the claim and you'll be liable

[Buster4.2]

>Check you TVR insurnace policy for a clause that allows you to drive any other car that 1)You dont own or 2)is not on hire etc. <

Thought you were only covered TPF&T if the car you are borrowing is already insured by someone else.