2nd car.. How are you insuring it?

[Ved]

I'm pondering getting a second car for some fun but the last time I did this (Celica GTFour and mk2 GTI as the daily) my NCB would only apply to one. The other was then effectively a reset on my driving history and was also a huge ripoff.

What I'm looking to do is use my V6 4motion for the daily slog and mile munching and then get something special for blatting around in such as another MK2 GTI, Impreza, S2000 etc etc.

I'm 33 with 10 years clean driving in a nice part of the world for insurance. Am I wishing for the moon on a stick here or is this a reasonable thought?

If you run two cars and have insurance on both all year round let me know how you do it.



David

[Marky Boy]

Get a classic car. Then you get classic car insurance which doesn't use your NCB.

[johnnyBv8]

I've just gone through the same thing....most insurers will "mirror" your no claims bonus that you have on your main car (they start you on zero years, but give you a discount prortionate to your NCB used on your main car).

[CBR1000RRider]

Not sure whether you can still do this but what the broker recommended when I first had 2 cars was.

Wait until the insurance renewal is due before you buy your second car
Use the renewal notice and go to another insurance coy to insure your original car
Tell the original insurance coy you have changed your car

Job done

[Ved]

Marky Boy said:

Get a classic car. Then you get classic car insurance which doesn't use your NCB.

is that defined as 15+ years old still?

[sebhaque]

I use Admiral Multicar for my cars. I've been able to add and remove cars on-the-fly in the past, and not only does your NCB get reflected from one car to the other, but there's also a healthy discount for each policy the more cars are put on there. It's definitely worth looking into, as Admiral seem to be pretty competitive on rates even without the multicar discount.

[jake15919]

Continue with your normal insurance on your main car and, as someone has already suggested, insure your second car (if it's the mk2 GTi) as a classic. I do this with my E30 320i. As long as it's garaged it costs buttons to insure a classic even on an agreed value policy.

[Marky Boy]

Ved said:

is that defined as 15+ years old still?

I don't think so. I insured the 968 on a classic policy when it was 11 years old. If I recall it was only about 3-400 pounds fully comp not using my NCB. I guess it goes by the type of car not just the age.

I'm sure Classic Line or the ilk will say so on their websites.

HTH

[Thin White Duke]

The AA and Footman James still have the "over 15 years old" rule.

[Ved]

jake15919 said:

Continue with your normal insurance on your main car and, as someone has already suggested, insure your second car (if it's the mk2 GTi) as a classic. I do this with my E30 320i. As long as it's garaged it costs buttons to insure a classic even on an agreed value policy.

I had better get that extension built so I can garage it then

[robsti]

sebhaque said:

I use Admiral Multicar for my cars. I've been able to add and remove cars on-the-fly in the past, and not only does your NCB get reflected from one car to the other, but there's also a healthy discount for each policy the more cars are put on there. It's definitely worth looking into, as Admiral seem to be pretty competitive on rates even without the multicar discount.

+1 have 3 cars on this and all 3 are cheaper than individual policies!

[paulmoonraker]

I have a Ford mile muncher and an STi. Originally I used Admiral multi-car, but then when I wanted a map for the STi they were way too dear. I changed the STi to Keith Micheals (transfered the NCB that Admiral had mirrored first time round - sweet) and saved 400+ quid. The multi-car policy is quite good, but the saving etc can be lost if insuring something a bit different.

-P

[Sline]

Im also with admiral on a multicar policy my TVR costing £920 and my Mk2 Golf Gti costing £380 not to bad for 23 years young.

I must add i use my NCB on the trev and the mrs uses hers on the Golf.

[ClassicMercs]

Ved said:

is that defined as 15+ years old still?

Its the usual story about not all being the same.

When I got the SLK last year most wanted £££'s as it was only 11 years old. Peter Best took it on because it is a second car on restricted mileage - a third of the price.

[chevronb37]

sebhaque said:

I use Admiral Multicar for my cars. I've been able to add and remove cars on-the-fly in the past, and not only does your NCB get reflected from one car to the other, but there's also a healthy discount for each policy the more cars are put on there. It's definitely worth looking into, as Admiral seem to be pretty competitive on rates even without the multicar discount.

+1.

We have a multicar for the daily hacks and it's very keenly priced. At the last renewal I called up and was honest: Said I hadn't shopped around but I liked Admiral and wanted to stay with them but thought it was a bit dear. They knocked £150 off so I renewed on the spot. Good customer service. My old man has got a good deal with them, including his Aston so they cover all manner of cars. I've got the Exige through a separate specialist broker to get trackday cover so that's always worth considering if track work is on the horizon for your toy.

[jake15919]

Ved said:

jake15919 said:

Continue with your normal insurance on your main car and, as someone has already suggested, insure your second car (if it's the mk2 GTi) as a classic. I do this with my E30 320i. As long as it's garaged it costs buttons to insure a classic even on an agreed value policy.

I had better get that extension built so I can garage it then

Seriously, do it. In the long run you will add more to the value of your house than it will cost you to build, and the amount your insurance premiums will drop by (depending on area) will pay for it in less than three years.

[varsas]

Peter Best do a 'cherished' car policy, basically a classic policy for your second car. I insured a 10 year old XJR (newest car I've ever owned!) very cheaply, less then I pay for my fully NCB 328i as a daily. But yes, as has been said they do sometimes insist it's garaged, not always.

[TTwiggy]

Another recommendation for Admiral Multicar here.

I insure my XJ8 and Boxster for less than the Jag used to cost on its own.

[maser_spyder]

TTwiggy said:

Another recommendation for Admiral Multicar here.

I insure my XJ8 and Boxster for less than the Jag used to cost on its own.

And me.

Eight cars now, although not all insured and on the road at the moment.

[RobM77]

I've got two cars and just insure them seperately. The multi-car quotes when I looked into it were not as advertsied - they're actually two seperate policies and worked out similar to two seperate policies, and obviously if the policies are seperate you can shop around and get it cheaper still with a more specific insurer for each car.