Insurance Renewal a NICE suprise YIPPEE!

[kippax]

Just had my renewal through from ClassicLine & my insurance has dropped to £370 from £440 YIPPEE !
Before anyone asks i'm 36 full no claims & have max of 5k miles a year policy can anyone beat that price! I doubt it.
(They are switching my insurer to KGM insurance as Sun Alliance are withdrawing from the specialist market)


Howard.

[monaco]

Me too, cheered me up no end lats night when I open the post.. was expecting the usual increase.

Looks like KGM are the boys.

[sandman]

Interesting. I just renewed my Insurance through Privilege and its the cheapest insurance I've ever had on TVR's. Dropped by around £700 pounds from last year (mind you, my accident claim from just over 3 years ago doesn't need to be declared now).
Wonder if there is a general trend in cheaper insurance for TVR's due to lees claims last year or something like that ....??

[chimhunter]

Mine droped just under £500 this year. I'm with Peart. Still bloody expensive, but 30% less expensive than last year.

[cosmoschick]

kippax said:

Before anyone asks i'm 36 full no claims & have max of 5k miles a year policy can anyone beat that price! I doubt it.

Yup, I can! Just. With Direct Line and the policy allows for 10K miles per year but not track days. I've never had to make a claim...ever...so perhaps it's favouritism!!

[matttav]

Well.. I can win easily

I am 30 with 5 years no claims and despite poverty and living in a small shed outside Reading I actually beg to pay more to give the impression I am truely wealthy.

Beat that!!

[Nick P]

we've just re-insured ours too....£396 from Mannings with all the trimmings....really pi55ed a work mate off when I told him and he revealed he was paying more for a sh1tty old 2L K reg Audi!!!

[Wander]

I have to say those prices all sound really good compared to mine. Is the crux that they are garaged?
I didn't want that tie as I was going to use mine daily. I posted for insurance info on here and the general consensus was that Direct Line, Tesco and Liverpool Victoria were the best. I went with the latter and am paying around £740, 36yrs, full no claims, no convictions etc. Maybe it's my Bristol postcode? Even though I live out in the stix!

[Ballistic Banana]

I hav ebeen with classic line for 6 years and this year due to RSA pulling out mine has doubled. Been under £500 last two years and this year it went up to over a £1000 they very apologetic but couldnt get it any lower, A shame I have to leave them as they have been very good and helpful in the past including when I crashed in 2003 which didnt effect my premium at all last year in fact it went down £5.

BB

[pies]

Ballistic Banana said:

I hav ebeen with classic line for 6 years and this year due to RSA pulling out mine has doubled. Been under £500 last two years and this year it went up to over a £1000 they very apologetic but couldnt get it any lower, A shame I have to leave them as they have been very good and helpful in the past including when I crashed in 2003 which didnt effect my premium at all last year in fact it went down £5. BB

Simon try phoning as a new customer

[Ballistic Banana]

Yeah but surely they will have my Details on there system??

BB

[Ribol]

Ballistic Banana said:

I hav ebeen with classic line for 6 years and this year due to RSA pulling out mine has doubled.

Are we saying Royal Sun Alliance are no longer playing this game?

Ivan

[Ballistic Banana]

Ribol said:

Ballistic Banana said: I hav ebeen with classic line for 6 years and this year due to RSA pulling out mine has doubled. Are we saying Royal Sun Alliance are no longer playing this game? Ivan

YEP

[Ribol]

Spoke to Sunninghill about this, they are now doing a scheme with some other Lloyds backed crooks, same cover, DOC etc, should be no problem.
Maybe RSA decided they were not making money on TVRs, a quick read through PH might explain why

Ivan

[jonnyb]

Well my insurance dropped by £500 when I went to classic line. And its agreed value! Its now just over £500 and Im 29 and it does not use my no claims bonus!

[Ribol]

jonnyb said:

Well my insurance dropped by £500 when I went to classic line. And its agreed value! Its now just over £500 and Im 29 and it does not use my no claims bonus!

Do they include DOC nowadays, they didn't used to?

Ivan

[cosmoschick]

jonnyb said:

...and it does not use my no claims bonus!

Excuse my ignorance but what do you mean by this?

[jonnyb]

Because its limited mileage they dont use your NCB to drop the insurance cost, which means I now have 4 years NCB to use on another car!

Also what does DOC mean?

[Ribol]

jonnyb said:

Because its limited mileage they dont use your NCB to drop the insurance cost, which means I now have 4 years NCB to use on another car! Also what does DOC mean?

DOC = driving other cars. Most insurance companies will allow you to mirror NCB from another car anyway.

Ivan

[madant69]

Yes mine dropped from 620 to 360 because my car went over the ten