Classic Car Insurance
Author
Discussion

The Moose

Original Poster:

23,673 posts

238 months

Wednesday 14th May 2014
quotequote all
I've just treated myself to a little classic car.

Because I'm under 30, half the companies won't insure me. The other half won't as I don't have a garage for it.

The only one coming close is Admiral with their agreed valuation policy. The only slight snag is that it's not an agreed valuation! It's a dictated valuation. This is how they work. You pay for the policy. Then pay an extra £10 'admin' fee. They show it to their underwriters who tell you what the thing is worth. There's no discussion. For instance, they could value the thing for half the value...and I have no idea until after the policy is paid up. They also won't allow me to pay the £10''admin' fee in advance to find out what it is. A bit of a joke really.

Anyone recommend an insurer?

kmpowell

3,519 posts

257 months

Wednesday 14th May 2014
quotequote all
Have you tried Footman James? I used them in the past to insure my MK2 Valver, with an agreed value.

The Moose

Original Poster:

23,673 posts

238 months

Wednesday 14th May 2014
quotequote all
Yep. FJ wouldn't insure.

p4cks

7,481 posts

228 months

Wednesday 14th May 2014
quotequote all
Peter Best insured me at 29 for my Clio Williams

Olly86

133 posts

168 months

Wednesday 14th May 2014
quotequote all
Excuse my ignorance but what stipulates that a car is suitable for classic car insurance? I'm in the market for a fun weekend car and have all sorts on my short list.

kmpowell

3,519 posts

257 months

Wednesday 14th May 2014
quotequote all
Olly86 said:
Excuse my ignorance but what stipulates that a car is suitable for classic car insurance? I'm in the market for a fun weekend car and have all sorts on my short list.
Footman James are associated with a number of car clubs which are listed on their website.

Hoink

1,471 posts

187 months

Wednesday 14th May 2014
quotequote all
I use Footman James but quite a few lads in the club use RH insurance. They could be worth a shout.

Dalto123

3,205 posts

192 months

Wednesday 14th May 2014
quotequote all
Olly86 said:
Excuse my ignorance but what stipulates that a car is suitable for classic car insurance? I'm in the market for a fun weekend car and have all sorts on my short list.
I think it depends on the insurance company. I always thought cars had to be 20 years old to qualify, but Dad has his Boxster S on a classic policy - He is with RH Specialist insurance and cars on an '03' reg or older qualified.


RDB

334 posts

208 months

Wednesday 14th May 2014
quotequote all
Have you tried RH Insurance? http://www.rhclassicinsurance.co.uk/classic-car-in...

I've got my MX5 insured with them on a classic policy. My car is garaged but I don't think they insist on it.

EDIT: Just noticed they've already been mentioned above...

skeeterm5

4,582 posts

217 months

Wednesday 14th May 2014
quotequote all
I use A Plan for my classic car insurance, good prices and great service.

S

Olly86

133 posts

168 months

Wednesday 14th May 2014
quotequote all
Dalto123 said:
I think it depends on the insurance company. I always thought cars had to be 20 years old to qualify, but Dad has his Boxster S on a classic policy - He is with RH Specialist insurance and cars on an '03' reg or older qualified.
Thanks for that mate, helps me massively beer

sawman

5,166 posts

259 months

Wednesday 14th May 2014
quotequote all
I used Gott & Wynn brokers for classic insurance when I had my morgan, they are based in llandudno, they were always easy to deal with and helpful,

mini95

242 posts

274 months

Wednesday 14th May 2014
quotequote all
I am with Hagerty for my cars, you do need a main car insured in the usual way. I also insure a Boxster on a classic policy although it is quite old as it is a 1998. I also have 2 classic Minis on the same policy.

warp9

1,632 posts

226 months

Wednesday 14th May 2014
quotequote all
Try heritage classic car. They do under 30s and have a no hassle agreed value process. Always found them to be very good.

plasticpig

12,932 posts

254 months

Wednesday 14th May 2014
quotequote all
Olly86 said:
Thanks for that mate, helps me massively beer
There are quite a few insurers who do cherished and future classic policies. It appears to be totally arbitrary as to whether a particular car qualifies. Several insurers didn't think my 2001 Jaguar XKR convertible qualified for either. Others thought it did.

For the op try ClassicLine as they are a broker so can offer policies from several insurers.



The Moose

Original Poster:

23,673 posts

238 months

Thursday 15th May 2014
quotequote all
So, thanks for all the recommendations so far - keep em coming!:

FJ - Aren't interested as under 30.

Lynbrook - Don't want to insure me as I'm under 30 and it won't be garaged.

Peter Best - Waiting for a call back.

RH - Managed to miss them today - will try tomorrow.

A Plan - Had no success in the past with them. Worth another call I guess.

Gott & Wynn - Waiting for a call back.

Heritage - Not interested. Think it was age with them.

Classic Line - Will call tomorrow.

kambites

71,438 posts

250 months

Thursday 15th May 2014
quotequote all
Lancaster were good for my MGB, although that was a while ago.

fausTVR

1,442 posts

179 months

Thursday 15th May 2014
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Is this a second car? Only most insurers wont give out a classic policy on an only car and NCD is not accrued on a classic policy also.

kambites

71,438 posts

250 months

Thursday 15th May 2014
quotequote all
fausTVR said:
Is this a second car? Only most insurers wont give out a classic policy on an only car and NCD is not accrued on a classic policy also.
Lancaster will, of at least would ten years ago.

fausTVR

1,442 posts

179 months

Thursday 15th May 2014
quotequote all
kambites said:
fausTVR said:
Is this a second car? Only most insurers wont give out a classic policy on an only car and NCD is not accrued on a classic policy also.
Lancaster will, of at least would ten years ago.
Of course 10 years is a long time on the high seas of classic car insurance. biggrin