Best Way to insure second car?
Best Way to insure second car?
Author
Discussion

Phunk

Original Poster:

2,076 posts

191 months

Tuesday 27th September 2011
quotequote all
My Elan is turning out not to be a reliable day to day solution so I have bought a cheapy Punto to do me as a day to day transport.

I'm going to put my Lotus in my parents garage (very code postcode) and want to insure it as a second car.

I'm currently paying £600 to insure my lotus (24 years old, 5 years no claims, TS10 two years ago)

I moved my insurance to my Punto and it halved, great!

I went to add my Lotus as a second car and spoke to several other companies, who all want £1000+ because I can't use my no claims, even though I will hardly be driving it, no longer using it for commuting and keeping in a garage instead.

Do I have any other option other than getting shafted?


Jayho

2,388 posts

190 months

Tuesday 27th September 2011
quotequote all
Multi Car policies are usually pretty good.

Failing that, is the Elan able to be classified as a Classic car? If so, some Classic car insurers would mirror you NCB for your classic.

Andrew_M

1,111 posts

239 months

Tuesday 27th September 2011
quotequote all

GT03ROB

13,943 posts

241 months

Tuesday 27th September 2011
quotequote all
Footman James will offer a clasic policy on an Elan M100, don't need a NCB. Competiton Car Insurance didn't need one on my Elise either. Failing that go for a multicar, my Elan was just under £100 to add to my multicar policy with Chaucer.

Snowboy

8,028 posts

171 months

Tuesday 27th September 2011
quotequote all
Admiral will give you a NCB discount on your second car equivalent to your full NCB on your main car.
Your main car does not need to also be insured with Admiral, but you do need to be able to prove you have it.

Then it's down to the normal luck whether Admiral can give a decent quote on your personal car, job, postcode, star sign, phase of moon, hair colour etc.