15 replies to this topic

[Astral]

Hi all

It's been awhile since I've been on the forums. (Mainly because most of the time I want to stab my home internet connection and they banned access from work -.-)

But I found a loophole at work and I'm back ^.^

I have a question about insurance for my wonderful mini. As she's a 1995 model does she now qualify for classic insurance being over 15 years old? My insurance runs out with Admiral next week and they want too much for me to justify re-insuring with them. Not many other companies will even look at me as I'm 23 and she's technically "modified" with her rainbow paintjob. >.<

Does anyone know of any companies I can look at as I'm struggling to bring the costs down and as a student if its too much I might actually have to sell her :'(

[Astral]

my bad... just realized this is in the wrong section >.<

[minimad01]

footman james or adriun flux im 17 an my insurance is £620

[Astral]

footman james or adriun flux im 17 an my insurance is £620

£620!

I need a tad cheaper than that! I will defo look into these guys though tahnks a lot.

[neiloz18]

footman james or adriun flux im 17 an my insurance is £620

£620!

I need a tad cheaper than that! I will defo look into these guys though tahnks a lot.

Doubt you will get cheaper than £620 for a 17yr old!!

Im 28 with 10years no claims and is £1000+ for my Jeep i use everyday! ok £150 for me mini.

But £620 what minimad01 said is really cheap!!

Try Lancaster, thats who im with, £150, but its older than yours!

Edited by neiloz18, 15 July 2010 - 01:38 PM.

[Astral]

what companies are you guys using!?

My qoutes are coming in at £400 - £500 max! I was hoping for under £400 this time.

[Jake Blues]

My wife's '95 Cooper S is not old enough to qualify for Classic Car insurance.

[Astral]

yeah Gubby was too young last year

[pablo_agogo]

Too many answers needed to determine which is the best way forward. Classic insurance is available for most cars over ten years old, the policy holder needs to be over 21: all good so far.

To qualify for classic car insurance usually requires having a 'Standard policy' on another vehicle as the main form of transport , or being a named driver upon an 'every day' policy (Mother/ Father / sibling) may apply also. Although I have heard of a few classic car policies that will allow you to use the classic as your main form of transport - Either wait to see if someone can suggest a company or email a few selected companies and see where you stand.

I have never had good service from any of the known companies when it comes to classic insurance - better to find someone who actually has an interest in cars and not just the premium - The guys at Hagerty are easy to talk to (no connection, just a customer).

I just had a look for an old company that I used in the past, but cannot find the item I want; They are an independent broker (Essex based) who found me some great deals - They may be advertised in Practical Classics ect - Let WHSmiths be your library here

If none of the above helps: My brother-in-law (a learner driver) got the best deal from Kwik Fit Insurance; I think they heavily discount on year 1.

Hope that gives you some ideas......?

Just seen the replies whilst typing - £400 sounds good, but still worth phoning around and playing the game...

[Jake Blues]

It's daft really as an "older" completely refurbished mini...such as my Jake is a Classic where as TC's Hatter isn't. Most of her car is older than mine!

[Astral]

pablo you are so helpful thankyou! I will grab a minimag tonight and start ringing

[pablo_agogo]

google'd the following links;

Ashbourne Ins
Never used 'em but might be worth a call to get some benchmarks.

Also remembered that most of the cheaper policies have been underwritten by Equity Red Star. Going via a broker is often better that approaching the company direct as the brokers rates are heavily discounted.

And the last one if you're lonely and have a day to spare are brokers directory

[Astral]

can somebody explain the broker system to me? (Never used one before...)

[pablo_agogo]

Middlemen - s'pose to search for your insurance requirements based on what you need. Reality is most people just want the cheapest policy. Shouldn't be any difference as an end user....

Edit2add:

Don't worry what they call themselves....Not all are truly independent but are affiliated to sell a limited amount of policies.

Edited by pablo_agogo, 15 July 2010 - 03:16 PM.

[sazal]

I think it depends on where you go as to how old the car has to be (should say somewhere on their websites) and you can get classic insurance with FJ from 17, I did.

Best thing to do is have a look through the back of Mini Mag and Mini world and give the specialist insurers in there a ring. Also some specialist places will give you a discount if your a member of the BMC, so thats worth asking about.

Even if you cant get classic insurance, you can always take out a specialist cover as its always good to get an agreed value.

And brokers are just larger companies that are in contact with the the smaller companies, find you the best deal and get a bit of money out of it! Kind of like Confused.com.