Roma insurance
Author
Discussion

Wayne95

Original Poster:

442 posts

264 months

Hi all,

Bit of advice for a new Roma owner ( pics to follow).

Where are people insuring their cars, and what kind of cost per year? I am 60, car garaged in the Cotswolds, but I appreciate all quote are different.

I have multipolicy with Admiral for my other cars, waiting on them to see if they can quote, but a bit concerned the policy might not be sensible on a Ferrari.

Any help welcome

Wayne

Coxey

487 posts

125 months

My Pista is with Locktons ans I have used it on track annd they cover FOC track days. Are you a member of the Ferrari Owners Club?

Wayne95

Original Poster:

442 posts

264 months

Coxey said:
My Pista is with Locktons ans I have used it on track annd they cover FOC track days. Are you a member of the Ferrari Owners Club?
Will be joining the club very soon ...

Trev450

6,578 posts

190 months

I've got my 488 on a multi car policy with Admiral and they were the most competitive by a mile.

bennno

14,465 posts

287 months


We’ve had our Portofino, 296 and 720s all on admiral multi car and cheapest by a mile.

johnnyreggae

3,102 posts

178 months

Only you can decide if you are comfortable with Admiral for your Ferrari - many are - many aren't - for some there is no choice as so many insurers now insist on previous supercar ownership

andrew

10,232 posts

210 months

johnnyreggae said:
Only you can decide if you are comfortable with Admiral for your Ferrari - many are - many aren't - for some there is no choice as so many insurers now insist on previous supercar ownership
interesting
who is not comfortable with admiral ?

Wayne95

Original Poster:

442 posts

264 months

andrew said:
interesting
who is not comfortable with admiral ?
I haven’t checked yet, but do they allow main dealer approved repair centres for any damage ?

If that’s the case I’ve always found them helpful , but never made a claim - touch wood !


Fast Eddie

447 posts

263 months

andrew said:
johnnyreggae said:
Only you can decide if you are comfortable with Admiral for your Ferrari - many are - many aren't - for some there is no choice as so many insurers now insist on previous supercar ownership
interesting
who is not comfortable with admiral ?
Me.
Used to love them for their pricing, particularly on multi car.
Then came claim day................

Reggie20

69 posts

26 months

We've got a multicar with Admiral and when we got the 355 I contacted loads of specialists and they were all approx £1k - contacted Admiral more out of curiosity and their quote was approx £280 with an agreed valuation. Similar age to you and living in North Somerset so probably similar insurance risk profile. Good luck.

M138

743 posts

9 months

I’m with Saga with my Maserati which seems reasonable at £198 a year.

andrew

10,232 posts

210 months

Fast Eddie said:
andrew said:
johnnyreggae said:
Only you can decide if you are comfortable with Admiral for your Ferrari - many are - many aren't - for some there is no choice as so many insurers now insist on previous supercar ownership
interesting
who is not comfortable with admiral ?
Me.
Used to love them for their pricing, particularly on multi car.
Then came claim day................
and... ???

Josemartinez

93 posts

8 months

johnnyreggae said:
for some there is no choice as so many insurers now insist on previous supercar ownership
I can't comment on the insurance for the Roma, I've only got Ferrari quotes I'm case I win the lottery. smile Surprisingly only a couple of hundred quid more than my sub £5k hot hatch.

I don't doubt you at all and this sounds like something insurer's would do but this is silly and a proper catch 22. We can't insure your supercar because you've never had a supercar before, but you can't have a supercar without insurance.

F355GTS

3,799 posts

273 months

Yesterday (09:24)
quotequote all
I heard some horror stories about Admiral, one in particular a 355 crashed in France I think, Admiral wanted to use their std repairer and secondhand parts also they don't or didn't do agreed value, noting Reggie's post suggesting they do

I'm with Lockton, think it's pretty reasonable at £2.5k for 458 Spider, FF, Discovery, BMW M135i and a heavily modified Cooper S, all agreed value and trackday cover for the Ferraris on FOC days

andyr

441 posts

302 months

Yesterday (11:02)
quotequote all
Im with admiral for my 458 and its very good value. However - the windscreen is NOT covered for a genuine replacement. The OEM screen is £3k,
I’ve been told. My plan had been to protect
It with a screen version of ppf. But I’ve not got around to that.

garystoybox

852 posts

135 months

Yesterday (13:08)
quotequote all
Had a claim with Admiral last month on my Porsche, somebody hit and drove off.
Fab to deal with, agreed straight to Porsche approved, just missed out on runabout courtesy car but body shop supplied free anyway.
Agreed and repaired within 2 weeks. No impact on my no claims, all UK call centre based and no extended wait in the phone.
Speak as you find and all that…..
Have my 812 with Lockton but will likely switch next renewal.

Trev450

6,578 posts

190 months

Yesterday (13:50)
quotequote all
garystoybox said:
Had a claim with Admiral last month on my Porsche, somebody hit and drove off.
Fab to deal with, agreed straight to Porsche approved, just missed out on runabout courtesy car but body shop supplied free anyway.
Agreed and repaired within 2 weeks. No impact on my no claims, all UK call centre based and no extended wait in the phone.
Speak as you find and all that ..
Have my 812 with Lockton but will likely switch next renewal.
Always good to hear the positives.

jonamv8

3,237 posts

184 months

Yesterday (22:29)
quotequote all
My Portofino is with admiral as well as my L460 Range on their multicar for about 140 a month, thats with about 17 yrs no claims. Decent quote ai thought for the value of both but now wanting to read my policy do s after reading the above

belfry

1,016 posts

200 months

Yesterday (22:47)
quotequote all
Admiral tried to refuse a claim when my classic 911 was stolen from the street in Belgravia.

They made the whole process very difficult and treated me kite a criminal.

It took 6 months to get the payout from them. Lucky I was persistent!

They were also ‘the cheapest by a mile’ but potentially the most expensive come claim time.

I now have 6 cars on one policy with Chubb arranged by Footman James.