Classic insurance?

[426Hemi]

A very young friend of mine wants to buy an old Ferrari or Lamborghini unfortunately he cannot even get an insurance quote at 19 years old.
I saw that on the 'what do you think about young drivers in super cars' forum that many drivers are very young.

How on earth would he go about getting a quote without being hit on the head?
Like I said he is 19 years old and because he likes his classics would it be best to get a classic car policy?

Who would you recommend?

Thanks in advance.

[mr_spock]

Try Hagerty, I've had classics (including a Porsche) with them for a while and the service is pretty good. Age may be an issue though.

[Craig]

most classic policies require you to have a main car also though

[yellowtr]

Speak to

www.michaelwardassociates.com

They insure young "professional" drivers (sports stars, etc), so get your friend to speak to them

[426Hemi]

yellowtr said:

Speak to

www.michaelwardassociates.com

They insure young "professional" drivers (sports stars, etc), so get your friend to speak to them

Unfortunately he is no professional footballer; still just a student with a lot of cash.
He does use another car on a regular basis....Jeep 3.0 CRD.

[426Hemi]

mr_spock said:

Try Hagerty, I've had classics (including a Porsche) with them for a while and the service is pretty good. Age may be an issue though.

He tried them as soon as you suggested the idea....age restrictions apply; they cannot insure anyone under the age of 30.

[yellowtr]

426Hemi said:

yellowtr said:

Speak to

www.michaelwardassociates.com

They insure young "professional" drivers (sports stars, etc), so get your friend to speak to them

Unfortunately he is no professional footballer; still just a student with a lot of cash.
He does use another car on a regular basis....Jeep 3.0 CRD.

Doesn't matter. I am neither young or a footballer and they insure me. They are worth a try.

[andysv]

M ward are just an agent using hagerty, try adrian flux i have had good deals with them in the past on specialist cars.

[Dan_1981]

Footman James do a decent classic policy for me.

Nothign as special as a ferrari but worth a look.

[426Hemi]

Thanks for all the responses, hopefully he should be able to get some insurance!

[Soovy]

426Hemi said:

Thanks for all the responses, hopefully he should be able to get some insurance!

Of course he will At a price.

Rooney had a Vanquish at 19 and paid about £20,000 a year with a £20,000 excess.

[XXVIII]

Aon / Footman James (same firm really) do a very competitive policy for me. Cover from a stated location and garaging for 5k miles (as if...) and FC cover for two named drivers with a Club-confirmation of the car's value (...not the most difficult thing to acquire for what should be obvious reasons, ahem) and sub-£200 for the year.

As I'm a member of LCUK I get a discount in addition to the near-zero extra fee should the limited mileage is to be exceeded (and again, as if, chance would be a very fine thing...)

They are mostly uninterested about anything else I may drive - not too sure they wouldn't be if I was younger than I am though.

and I am now, officially, very fuggin' old...

Edited by XXVIII on Thursday 26th November 20:11

[ade/lou]

426Hemi said:

mr_spock said:

Try Hagerty, I've had classics (including a Porsche) with them for a while and the service is pretty good. Age may be an issue though.

He tried them as soon as you suggested the idea....age restrictions apply; they cannot insure anyone under the age of 30.

Thats not what there book says, as thats who insure mine ! age restriction says 19
underwritten by Allianz Insurance plc

[andrew.]

XXVIII said:

Aon / Footman James (same firm really) do a very competitive policy for me. Cover from a stated location and garaging for 5k miles (as if...) and FC cover for two named drivers with a Club-confirmation of the car's value (...not the most difficult thing to acquire for what should be obvious reasons, ahem) and sub-£200 for the year.

As I'm a member of LCUK I get a discount in addition to the near-zero extra fee should the limited mileage is to be exceeded (and again, as if, chance would be a very fine thing...)

They are mostly uninterested about anything else I may drive - not too sure they wouldn't be if I was younger than I am though.

please tell, who do i have to talk to in aon in order to get an lcuk discount ?

[XXVIII]

Dear Mr dot,

We have a fairly long-standing agreement with Aon/FJ that requires you to ask for the discount after which you should inform them what your Membership number is, (which they can confirm with the Club) and, should the phone-minder need to speak to the Aon manager who arranged the deal to confirm the agreement, they can also then check with me or Lynne B.

Your Membership number is... around here somewhere, I think... call me or Lynne if you don't seem to have it quite to hand...

[yellowtr]

andysv said:

M ward are just an agent using hagerty, try adrian flux i have had good deals with them in the past on specialist cars.

MW don't only use them. they do offer other policies. I have a Chubb Masterpiece through MW and this is a simply awesome policy, bar none.

[andrew.]

XXVIII said:

Dear Mr dot,

We have a fairly long-standing agreement with Aon/FJ that requires you to ask for the discount after which you should inform them what your Membership number is, (which they can confirm with the Club) and, should the phone-minder need to speak to the Aon manager who arranged the deal to confirm the agreement, they can also then check with me or Lynne B.

Your Membership number is... around here somewhere, I think... call me or Lynne if you don't seem to have it quite to hand...

dear mr I,
it's the name of that aon manager who arranged the deal that i kindly request
no-one in aon whom i have asked, and i mean no-one, knows of this arrangement
if we could find this mystery person then we could instantly double lcuk membership
hell, i'd even re-join myself !
regards, .

[XXVIII]

andrew. said:

XXVIII said:

stuff that seems like setting myself up for a sucker, again

dear mr I,
it's the name of that aon manager who arranged the deal that i kindly request
no-one in aon whom i have asked, and i mean no-one, knows of this arrangement
if we could find this mystery person then we could instantly double lcuk membership
hell, i'd even re-join myself !
regards, .

... LCUK Membership would barely register any greater numbers with even a much larger discount. Is that really all you'd want the Club for?




note to self (again) - never, ever enter this sort of discussion again. Never.

[andrew.]

we appear to have hijacked this thread, so yhm !
apologies to op