GTM Spyder - Insurance for an 18 year old?

[Jakg]

Everyone raves on about how cheap insurance is on kit cars - my insurance is £1200 at age 18 with 1 years NCB and pass plus.

What could I expect to pay for a GTM Spyders insurance, using it as a daily driver, on a 12-15k miles per year policy?

[Jonty355]

Its cheap when insuring a Kit Car on a Kit car and usually low milage policy.

I'd stick with what you've got for now.

[Paul Drawmer]

Why ask here?

Go and ask those brokers who specialise in such policies.

MSM are very helpful, also try: Flux, Footman James, etc.

Put kit car insurance in a search engine.

[singlecoil]

Paul Drawmer said:

Why ask here?

Go and ask those brokers who specialise in such policies.

MSM are very helpful, also try: Flux, Footman James, etc.

Put kit car insurance in a search engine.

There's quite a few threads asking about kit car insurance, but in the end, brokers and insurance companies offer different deals to different people with different cars and different circumstances, the only way to find out how much it's going to cost you is by asking the people who actually provide it.

[Jakg]

Paul Drawmer said:

Why ask here?

Go and ask those brokers who specialise in such policies.

MSM are very helpful, also try: Flux, Footman James, etc.

Put kit car insurance in a search engine.

I tried - but they all want to know what engine it has etc, and I can't find a Spyder for sale to rip the info from.

[jamesG20V6]

That doesn't matter, 1800 k series..
FJ insured me on my westfield at 19 for the princely sum of about £280. That was 10 years ago though.

[yazza54]

Jakg said:

Everyone raves on about how cheap insurance is on kit cars - my insurance is £1200 at age 18 with 1 years NCB and pass plus.

What could I expect to pay for a GTM Spyders insurance, using it as a daily driver, on a 12-15k miles per year policy?

It isn't going to be cheaper than what you currently have. But for the level of performance and individuality you get, it's cheap (for a young person anyway).

I'm 20(insured it when I was 19 though), 1 years NCB, License at 17... Insured with Adrian Flux on my 1.8VVC Libra for £1400. Sounds expensive to an older person but at our age it's not. That's on unlimited mileage, which I think means 12k, in hindsight I could've got it cheaper as I'm unlikely to clock up that amount of miles. Before that I was driving a 1.6 fiat stilo which was costing me £1650 a year and the thing was slooooow!

MSM were very helpful but sadly couldn't get close to Flux.


Finally, why a Spyder? Are you a hairdresser?

Edited by yazza54 on Wednesday 12th May 13:01

[Jakg]

yazza54 said:

Finally, why a Spyder? Are you a hairdresser?

LOL

Was looking through the kit-car thread, and they all looked fairly shedlike tbh. I like the front of the Libra, but the rear end lets it down - the Spyder's rear looks GREAT. Dont want or need an open top, but it looked quite good.

Seems the insurance isn't as cheap as i'd hoped

[yazza54]

So we all drive sheds then!

[Jakg]

No offence to the PH'ers that own the following:









But they really aren't my thing and look *really* out of proportion. The Spyder looks *really* nice though...

Edited by Jakg on Wednesday 12th May 18:09

[yazza54]

Well that's not that many, not 'all' of them.

Beauty is in the eye of the beholder anyway innit. Good thing is, there's so many kit cars there's something for everybody.

[Paul Drawmer]

And that's why we need designers as well as engineers.

[330p4]

My son ran my Ginetta G32 for 12 months as his everyday car & it cost him less than his 106 Peugeot 1 litre try A Flux they seem good with young drivers hope you find a good price those little GTM's look really nice
Ian