car insurance with a wrap
car insurance with a wrap
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Discussion

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
I seem to be having problems getting my car covered by my insurance company because it will have a wrap. They have refused to insure it full stop.

A lot of the other insurance companies seem to either not want to insure, or will do at a huge premium.

Any recommendations?

Cheers

iandc

3,893 posts

237 months

Tuesday 21st June 2011
quotequote all
I guess if it is this much trouble is taking the wrap off too much of a problem? I must say I don't understand why they are being so iffy. Surely a wrap does not enhance performance, make it easier to steal of mean you will have an accident. Arguably it proves you care about your car and it will protect the paintwork. Is it a wrap per se that they object to or have you got some wild colour scheme which is putting them off? You could try some of the less main stream insurance companies who will insure kit cars, self built Caterhams etc as they might be a bit more understanding.

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
iandc said:
I guess if it is this much trouble is taking the wrap off too much of a problem? I must say I don't understand why they are being so iffy. Surely a wrap does not enhance performance, make it easier to steal of mean you will have an accident. Arguably it proves you care about your car and it will protect the paintwork. Is it a wrap per se that they object to or have you got some wild colour scheme which is putting them off? You could try some of the less main stream insurance companies who will insure kit cars, self built Caterhams etc as they might be a bit more understanding.
The insurance companies just dont get what a wrap is. Its getting very frustrating!


Shmee

7,565 posts

244 months

Tuesday 21st June 2011
quotequote all
P101 said:
The insurance companies just dont get what a wrap is. Its getting very frustrating!
Do they count it as a colour change?

I'd always assumed that and on my Aston the quote only goes up £50 or so to do it.

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
Shmee said:
Do they count it as a colour change?

I'd always assumed that and on my Aston the quote only goes up £50 or so to do it.
I dont know what they think it is, they just class it as a modification. They also think that if the car were to get scraped, it would cost more to replace the wrap. They dont seem to think in a logical way. I have managed to get a company to insure me, for £100 less a year than I pay now. Admiral, but it took me 10 mins of waiting on the phone to speak to someone, and thats for a quote, whats it gonna be like if I need to make a claim!

Shmee

7,565 posts

244 months

Tuesday 21st June 2011
quotequote all
That's very interesting, I'm with Admiral too; what do they class it as?

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
Shmee said:
That's very interesting, I'm with Admiral too; what do they class it as?
I dont know, I think they associate it with either advertising commercial use or the Gumball!

How have you found admiral? Have you ever had to make a claim?

Shmee

7,565 posts

244 months

Tuesday 21st June 2011
quotequote all
P101 said:
I dont know, I think they associate it with either advertising commercial use or the Gumball!

How have you found admiral? Have you ever had to make a claim?
No claims fortunately but at my age sadly there is no choice; my 2 cars with Admiral are around £1700 whereas the next best company comes in at more like £5000 and most won't even quote.

They seem very variable though; there are plenty of threads with people saying they've had successful claims and no problems, but sadly also some with the exact opposite.

iandc

3,893 posts

237 months

Tuesday 21st June 2011
quotequote all
P101 said:
I dont know what they think it is, they just class it as a modification. They also think that if the car were to get scraped, it would cost more to replace the wrap. They dont seem to think in a logical way. I have managed to get a company to insure me, for £100 less a year than I pay now. Admiral, but it took me 10 mins of waiting on the phone to speak to someone, and thats for a quote, whats it gonna be like if I need to make a claim!
You can just imagine it if some chav hits you up the backside. totally his fault but translates to your fault as the wrap made him lose concentration or temporarily blinded him therefor you lose your no claims and pay for his repair.eek

topjay

786 posts

249 months

Tuesday 21st June 2011
quotequote all
Is it not just paint protection film?

I would ask for a quote with it as such eg coloured paint protection film, or as sign writing.

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
Well, I have managed to get insured, I ended up getting a fleet contract (Not that I have a very impressive fleet!) at a very reasonable cost, £1400 to cover the Lambo, and my 2 other cars. I can also drive any other car fully comp as long as the car is worth no more than £200k.

Soovy

35,829 posts

302 months

Tuesday 21st June 2011
quotequote all
P101 said:
Well, I have managed to get insured, I ended up getting a fleet contract (Not that I have a very impressive fleet!) at a very reasonable cost, £1400 to cover the Lambo, and my 2 other cars. I can also drive any other car fully comp as long as the car is worth no more than £200k.
Chubb?

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
Soovy said:
Chubb?
The company has slipped my mind. I dont think its Chubb. Its some high net policy, whatever that means!

ChrisFitz

751 posts

210 months

Tuesday 21st June 2011
quotequote all
P101 said:
The company has slipped my mind. I dont think its Chubb. Its some high net policy, whatever that means!
be interested to know as we have 3 cars in the family and are currently with Admiral multi car.


P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
ChrisFitz said:
be interested to know as we have 3 cars in the family and are currently with Admiral multi car.
Ok, I'll find out for you.

lordbluf

381 posts

208 months

Tuesday 21st June 2011
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when i had the murci wrapped i was with admiral/elephant - you dont need to say it's wrapped - you tell them the colour it is - not what it is underneath. never had any issues...

valias

5 posts

202 months

Tuesday 21st June 2011
quotequote all
I recommend you all read admiral's small print. It appears you get what you pay for...

P101

Original Poster:

1,256 posts

189 months

Tuesday 21st June 2011
quotequote all
lordbluf said:
when i had the murci wrapped i was with admiral/elephant - you dont need to say it's wrapped - you tell them the colour it is - not what it is underneath. never had any issues...
But, did you ever have any reason to claim? If, for example you wrote the car off, the insurance company would go over it with a fine tooth comb to find any reason that they can to not have to make a payout. According to my insurance broker, a wrap is classed as a mod, all mods must be declared. I sleep a touch better knowing that I have declared everything and I am fully insured.
As for Admiral, the customer service when enquiring was enough to put me off.

matc

4,738 posts

238 months

Tuesday 21st June 2011
quotequote all
valias said:
I recommend you all read admiral's small print. It appears you get what you pay for...
Any specifics there? Genuinely interested to know what I'd miss out on being with admiral as opposed to someone else....except a few £k in the bank.

Durzel

13,015 posts

199 months

Tuesday 21st June 2011
quotequote all
Last time I checked Admiral/Elephant/Bell Direct (same underwriter as far as I'm aware) have a policy of "OEM parts replacement".

You're obliged to inform them of your modifications, but if for example your aftermarket wheels get stolen you'll only get OEM ones back as a replacement. So in a nutshell you pay extra because your car is more attractive to thieves/higher risk, but you've got no actual reassurance that your modifications are covered anyway....