Insurance Declinature

[AM400]

Today I have received a letter from my current insurers Hagerty stating that they are now unable to renew my policy due to amended undewriting guidelines!

Has anyone else come across this? I know that there are an awful lot of wedges insured with them. Maybe it was the fact that I was honest enough to tell them I had uprated suspension and a adjustable fuel regulator!

Nothing else has changed, no bumps, any ideas until I get a response from them?

Andy

[B-Reight]

Seems to be alot of chatter on pistonheads regarding Hagertys, seems the company has had a bit of a change of strategy and now are not insuring any one under 30 or any TVR newer than 1980ish, which is no good for a youngun like me, which is why i've gone with Classicline this year

Edited by B-Reight on Wednesday 27th January 20:36

[AM400]

Ah right, sadly I am over 30 but the car is an 88 so maybe thats the reason. Clasicline quote any good compared to Hagerty's?

Thanks

Andy

[B-Reight]

Yep, Classicline were nigh on the same price as Hagerty for me. MSM and Footman james were also pretty close price wise.

Edited by B-Reight on Wednesday 27th January 21:10

[Wedg1e]

Hagerty just sent my renewal; as usual they've managed to jack it up 25%, be nice if I'd had a payrise that big... ;irked; Might be time to go elsewhere.

[pwd95]

I'm with Adrian Flux this year. Only because they did commuting. 5000 miles with commuting, £250. No track day cover though, so I'll have to sort that separately.

[Dave_M]

Following threads I wrote to Hagerty this week, there has been a change of policy and they will not renew insurance for post 1980 TVRs this year.

I've been with Classic Line before who were good too.

[chedder]

Chaucer and Performance Direct are your best bet......certainly get a damn good quote off them for my Tiv, been with em over 3 yrs now

[grahamw48]

Wedg1e said:

Hagerty just sent my renewal; as usual they've managed to jack it up 25%, be nice if I'd had a payrise that big... ;irked; Might be time to go elsewhere.

Try Adrian Flux Ian.

Less than £200 for my 400, AND that was after my claim for the wheel loss incident.

[B-Reight]

Have you got another wedge yet Graham? It must be time to get back in the fold by now!

[grahamw48]

Looking, but not seen the right one yet.

I'm trying to be patient....for a change.

[jmorgan]

Ah cobblers. I expect I will be getting the same letter soon then, I was honest about me motor. Might pre empt them and find out what is happening.

[Number 7]

One of the recent threads about this was here: (Chimp. forum)
http://www.pistonheads.com/gassing/topic.asp?h=0&a...

I emailed them and was told: "Hagerty International Limited have taken the strategic decision to insure just classic vehicles and so from the 20/01/2010 we will not be insuring any TVR models built after 1980."

7.

[BoltonTVR]

Just received my renewal as well. Hagertys will still insure my 390, but the premium has gone up 60%. I've just been on GoCompare (I'm not usually a sucker for advertising) and Lancaster has come back with the cheapest quote of £140, which is what I paid last year. Funnily enough I was insured with them when I first got the car, and they did do agreed values as well.

[nwarner]

Also just received my renewal from Hagertys for my '87 390 which has gone up about 30%.

[adam quantrill]

BoltonTVR said:

Just received my renewal as well. Hagertys will still insure my 390, but the premium has gone up 60%. I've just been on GoCompare

Bugger - now I've got a mental image of a fat tenor stuck in my brain...

[B@man]

I've just renewed with A-plan, tried Adrian flux but their "Highly Competitive Quotation" was nearly £100 more than my renewal even after taking into account the TVRCC discount.

Hagerty's wouldn't cover me as the car is sometimes ungaraged.

[paulg390]

Yep same here, massive increase in premium from Hagerty's. Apparently too many 1980's / 90s "future classics" having claims...
Shame as Hagerty's were excellent, their staff are very knowledgeable/helpful, but now I suspect their premiums are no better than the rest...
Still cant understand why they dont look more at the driver's historyr ather than what they drive. I'm 45+, driving since 17, driven all sorts of high performance cars, and only ever had one claim (a £500 third party claim 10 years ago), no points, car garaged, 3,000 miles a year,.. but I get thumped on premiums because everyone else who drives cars like mine crashes them..

Will definitely shop around now.

Edited by paulg390 on Thursday 28th January 23:20

Edited by paulg390 on Thursday 28th January 23:21

[T5GRF]

I have just insured my 96 Griff 500 with Haggerty so it seems a bit odd that some of you guys are having problems due to your cars age?

[SEvans]

Another Insurance Company worth a ring is Equity Red Star 01277 206912. Mine has been insured with them for the last 3 years. A heavily modified tasmin limited to 3,000 miles and my premium was £125 last year.