600LT insurance choices

600LT insurance choices

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Discussion

CharlesElliott

Original Poster:

1,991 posts

281 months

Wednesday 15th March 2023
quotequote all
Sorry, I know this is a boring topic and in reality, based on lots of personal circumstances but I have questions as I think that quite a lot of people have their McLarens on Admiral / Admiral Multi-car and there is something telling me that insuring such a car deserves 'better'.

Two cars, a Tesla Model 3 and McLaren 600LT. On Admiral Multi-car it is about £1600 for both, on a market value basis - no guarantee (policy wise) of being able to use McLaren dealers for repair. Not that bothered about hire cars etc.

If I was to insure the Model 3 on its own, it isn't very different, maybe £700 or £800 quid.

The 600LT is the real difference; about £800 on multi-car for market value, or around £1800 for a premium policy with Zurich Private Clients, agreed value, McLaren dealer repairs.

I'm interested in how others have made this decision? I should add that I'm always happy to pay a big excess (say £1000) because I don't believe in claiming for smaller amounts, but haven't had a claim in 20 years or so, so believe I am a pretty safe bet.

CharlesElliott

Original Poster:

1,991 posts

281 months

Wednesday 15th March 2023
quotequote all
CharlesElliott said:
I'm interested in how others have made this decision?
smile

CharlesElliott

Original Poster:

1,991 posts

281 months

Thursday 16th March 2023
quotequote all
Thanks all, this is really helpful.

A couple of the premium policies I got quoted on (those underwritten by ERS for example) had restrictions I couldn't live with. Like no theft cover if the car was at home but not in the garage. Even having to be in the garage between certain hours is not great - what happens if I forgot to put it away?

I did get a much better quote from Zurich but with a large excess (£1750) albeit agreed value.

Admiral multicar is about the same for the Tesla Model 3 and the 600LT as the single Zurich policy for the 600LT, but has a lower excess - so I think I'm going to go with that.