Discussion
I am 20 years old and have no no claims bonus and am looking into buying a Lotus elise M1, I have tried many insurance companies the majority of them wouldn't insure me however I have found one but quoted me £3000. Does anyone know of any insurance companies that may qive me a cheaper quote?
No no-claims and 20yrs Old, what did you expect?
Sounds quite good value if you ask me!
Only thing I can suggest is grab a copy of Evo and ring some of the high risk specialists, but dont expect any miracles.
Is the no no-claims as a result of a claim, or just not having had a previous policy?, either way any insurance company is gonna consider you a BIG risk
>> Edited by mustard on Sunday 16th May 16:52
Sounds quite good value if you ask me!
Only thing I can suggest is grab a copy of Evo and ring some of the high risk specialists, but dont expect any miracles.
Is the no no-claims as a result of a claim, or just not having had a previous policy?, either way any insurance company is gonna consider you a BIG risk
>> Edited by mustard on Sunday 16th May 16:52
It can only get better, you may find the fact your 21 opens up more insurance companies to you.
Unfortuately putting a policy in your dads name was false economy (as well as a little dodgy), as you would now have insurance about 40% or so cheaper which would make a big differance on the kind ofd premium your going to be paying.
Unfortuately putting a policy in your dads name was false economy (as well as a little dodgy), as you would now have insurance about 40% or so cheaper which would make a big differance on the kind ofd premium your going to be paying.
Good afternoon party people in the place to be...ok i am 30-no no claims due to pnly driving sisters car on her insurance, then my girlfriends, then i got my mgbgt back from its full restoration which was insured on a no claims classic policy...which was £275 full comp etc etc.
So when i started on my elise mission i rang many places, dearest was £3k...cheapest i got was around £1k..not bad when you think about it!.
I then was informed to go on the footman james web site, they have a section which is done through club lotus www.clublotus.co.uk/ when i did this i was informed i needed to join the club £25 a year, the policy was a ltd mileage 5k for mealso they charged £5 to make it an agreed value policy.
So i filled the web page in, a few days later i got a reply and i was getting fed up of strupid insurance quotes, when i opened it up i was shocked £650!! fully comp-with no no claims and only the £30 extra mentioned above, i then had to bite the bullet and explain and accident i had and give them details of mods to my s1...and i was stunned, no extra charged!! £650....shocking!
Go there im happy as can be, now have my s1 and im luvin it!
So when i started on my elise mission i rang many places, dearest was £3k...cheapest i got was around £1k..not bad when you think about it!.
I then was informed to go on the footman james web site, they have a section which is done through club lotus www.clublotus.co.uk/ when i did this i was informed i needed to join the club £25 a year, the policy was a ltd mileage 5k for mealso they charged £5 to make it an agreed value policy.
So i filled the web page in, a few days later i got a reply and i was getting fed up of strupid insurance quotes, when i opened it up i was shocked £650!! fully comp-with no no claims and only the £30 extra mentioned above, i then had to bite the bullet and explain and accident i had and give them details of mods to my s1...and i was stunned, no extra charged!! £650....shocking!
Go there im happy as can be, now have my s1 and im luvin it!
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