NSX Gen2

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Discussion

Numpty with honours

208 posts

84 months

Wednesday 4th August 2021
quotequote all
I know in part that classic cars and the type of cars we are talking about are looked after carefully by their owners and therefore pose a reduced risk to insurers - the nightmare cars for insurers are cheap high performance cars - not the value of the car but the possible payout if a friend of theirs is a passenger in the back and is reduced to a vegetative state requiring 24 hour support for the rest of their lives who was just about to go up to Oxford - where the damages claim could be into eight figures (excluding the pence)

However, high-end cars can also get lost or destroyed deliberately - yes, I am referring to you Lord Brocket. I know at one time about 1/3 of all fire claims were dubious

Fitting a tracker to an NSX where sales are I believe around 5 cars per year in the UK is surprising unless they are stolen for parts. Much the same could be said for stealing the Mona Lisa - what can you do with it unless you held for ransom

As I said earlier insuring a car valued at £100k to £150k for £700 per annum, when any repair will start at the low thousands just seems so surprisingly cheap