Insuring multiple cars
Author
Discussion

SidewaysSi

Original Poster:

10,742 posts

262 months

Sunday 7th October 2012
quotequote all
I live in London and currently have a Caterham and Integra R. Want to purchase something else but need to ensure I get the insurance in the most efficient way possible.

Have 2 policies, both with 10+ years for which I use one on the Honda and reflect this on the 7. If I buy a new car (911 or Elise), I presume I will have to use my second lot of NCB on that?

What if I then want to get a runaround, am I down to zero no-claims for that car? All cars are parked underground in secure storage if that makes any difference. With an Elise/911, the annual insurance bill the way I am doing it i.e. using 2 lots of NCB with one reflected on the 7 is about £2k which seems a lot. Any ideas/help would be much appreciated.

littleredrooster

6,304 posts

224 months

Sunday 7th October 2012
quotequote all
I would consider a 'Classic'/Agreed Value insurance with limited mileage for one of them. I used to insure my Lotus for next-to-nowt for 6000 miles pa.
No NCB required.

SidewaysSi

Original Poster:

10,742 posts

262 months

Sunday 7th October 2012
quotequote all
Thanks - can I insure the Lotus or Porsche (S1 Elise or 3.2Carrera/SC) on a classic policy as well given the Caterham is reflected in the Honda's insurance i.e. have 2 classic cars? It will do 6-8k miles p.a.

Alternatively, I presume I could have 2 main cars (Honda and a run around) with the Lotus/Porsche as the reflected classic vehicle on the runabout policy?

I need to speak to some insurers this week!

silver surfer

480 posts

236 months

Sunday 7th October 2012
quotequote all
Try speaking to Competition Car Insurance...they are generally helpful.

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