Insurance Costs?

[pinkney]

Know it's a bit early (only one customer T440R built and prime_al's Typhon still in build) but wondered if anyone has had an indication of insurance premium costs yet? There had been talk of fairly high premiums due to the high cost of repairing any carbon fibre damage.

Dan

[PinkPanther]

Prime_Al said:

Hmm made some more serious uptodate enquires yesterday. Results are slightly concerning (bearing in mind I am in a very low risk area and have the perfect no accident/no points/over 40 age criteria) - most 'normal' TVR insurers won't touch either the T440R or the Typhon because they cost over £55K it seems. The best quote I have so far is £1,200 for the Typhon with a 5000 mile limit. Have a couple of other options with family fleet quotes which might make more sense and am still investigating ...

Doesn't seem too good, which 'normal' TVR insurers do you mean?

I've got Sunninghill with the Cerb and paying about £1k a year (27yrs and full no claims) - have been with them since I got the car. I'm also doing about 10k miles a year plus so might have to get a runaround if the miles are a major issue

I'll email my present insurers anyway to see if they can cover me, and if so, how much it'll be. I'll let you know.

Dan

PS. Moniker is now PinkPanther rather than Pinkney - fancied a change

>> Edited by PinkPanther on Saturday 24th January 13:36

[PinkPanther]

Well Sunninghill have been back in touch - they are still awaiting quotes from their main underwriters Royal & Sun Alliance and a few other 'specialist' insurers. They have however come back with a quote from Norwich Union to give me an idea what a 'normal' insurance company premium is likely to be…

Are you ready…

£7736 plus £1000 excess

Should be getting the specialist quotes tomorrow.

Dan

>> Edited by PinkPanther on Thursday 29th January 15:59

[PinkPanther]

Royal and Sun Alliance - £2,233. A little better! Awaiting one more quote.