Insurance through "confused" etc

[richardsheen]

Hi
Renewal coming up. Cayman 3.4 GTS PDK. Have recently renewed the insurance via sites like Confused etc. My only concern is if a complete right off they would value the car at a lot less than its true value of about £50k. Even though the true valuation has been entered in the questionnaire.
Anyone got a history with these "cheaper" companies?
Alternative to to insure with Aviva and spend £300- 400 more.
TIA

[Twinfan]

Who are your cheapest? If it's Admiral, or one of their group, you will need to list EVERY optional extra on the car - wheels, interior, chassis paint etc etc. That will then push the premium up to the level of others in my experience.

Having recently done this for my 718 GT4, once everything was added Admiral was only a touch cheaper than Liverpool Victoria. I was going to go with LV but haggled a bit with Lockton (I'm a member of PCGB) and they ended up a touch over LV. So I went with Lockton as they're a specialist and linked to the owners club.

I would go directly to the cheapest quote provider's website and do a direct quote for a true comparison.

[LennyM1984]

Why don't you speak to A-Plan? They are usually very competitive and unlike many of the other brokers, actually employ people that you can reason with/explain things to. When I insured my Cayman with them (much less valuable than yours) they were very good about checking with me the market value vs price paid etc.

I have since insured my other cars with them and it has been a similar experience.

As an added bonus, they do track day cover!

[DJMC]

The cheapest quote may be with an insurer you've never heard of so do your research.

LV is well regarded, NFU seem to be too but won't take everyone and they have no online quote system - you have to speak to someone which I quite like.

[Armitage.Shanks]

richardsheen said:

Hi
My only concern is if a complete right off they would value the car at a lot less than its true value of about £50k. Even though the true valuation has been entered in the questionnaire.

They'll all try that but the evidence to counter is in the cars for sale at the time of any claim and what the replacement value of the same spec would be.

I use confused.com. I don't want to speak to anyone when I'm sorting out insurance given it's mandatory. The 'auto value' based on the car details can be a shocker but I'm confident this could easily be challenged when dealing with a well known company.

[MrVert]

I’ve had multi car insurance with Admiral for a few years, insured 911’s, an F430, 458 plus others.

Someone drove straight into me head on 18 months ago, Admiral were fantastic. The third party who was 100% at fault, tried to blame me. Admirals team drove the claim through to a successful conclusion. The car was repaired by a specialist of my choice as well.

My NCB was temporarily suspended, but reinstated when their insurer settled and I was refunded my excess and any higher premium I’d paid in the interim period.

Yes, when it’s renewal time, you need to get some other quotes, then haggle a bit, but that’s true of all insurance companies...

Through Admiral, I insured an X5, GTi Performance Pack and my 458 for £1,260. The same sum one of the specialist companies wanted just for the 458, with almost the exactly same level of cover.

As long as you read the detail and then make sure you include the right levels of legal cover etc, it can be a no brainier.