Title: Lower that Insurance!
Post by: eyedee on March 22, 2005, 09:21:12 AM
Post by: eyedee on March 22, 2005, 09:21:12 AM
Hi,
I only drive approx 2-3K miles a year in my REX and I was wondering if other REX owners in the same position have taken out any special sort of low milage insurance? I went to Classic car insurers and they all said the car had to be 15 years old (mine\'s a 92 FD) to benefit from their insurance packages. I dont see the point paying another £1000 to have my car garaged on 24 hour security patroled, gated and CCTV\'d premises.
Anyone else saved themselves money in a similar position?
Cheers :wave
I only drive approx 2-3K miles a year in my REX and I was wondering if other REX owners in the same position have taken out any special sort of low milage insurance? I went to Classic car insurers and they all said the car had to be 15 years old (mine\'s a 92 FD) to benefit from their insurance packages. I dont see the point paying another £1000 to have my car garaged on 24 hour security patroled, gated and CCTV\'d premises.
Anyone else saved themselves money in a similar position?
Cheers :wave
Title: Lower that Insurance!
Post by: chrisBoid on March 22, 2005, 09:28:12 AM
Post by: chrisBoid on March 22, 2005, 09:28:12 AM
I have a limited mileage insurance set to 4500 miles per year. It lowered the insurance by quite a bit (hundreds of pounds). Downside is, they won\'t let me have no claims protection with the limited mileage.
To use their classic car policy, you have to meet the following 3 criteria: -
1) Car is over 10 years old.
2) Car is a second car.
3) Car is garaged.
Mine doesn\'t meet 1 and 2 :(
By the way, I\'m with Houghton Insurance Bureau Ltd.
To use their classic car policy, you have to meet the following 3 criteria: -
1) Car is over 10 years old.
2) Car is a second car.
3) Car is garaged.
Mine doesn\'t meet 1 and 2 :(
By the way, I\'m with Houghton Insurance Bureau Ltd.
Title: Lower that Insurance!
Post by: Big Stu on March 22, 2005, 10:28:56 AM
Post by: Big Stu on March 22, 2005, 10:28:56 AM
I have a classic policy with houghtons although they have recently reviewed their policy.
The rules were:
1) car 10 years or older
2) Driver ahs to be 25 or older
3) Garaged with a thatcham cat 1 alarm.
Im paying 620 quid, for 5000 miles a year. This includes my fiancee who is 24, and im 26.
There are some good deals on classic policies if you look hard enough.
Stu
The rules were:
1) car 10 years or older
2) Driver ahs to be 25 or older
3) Garaged with a thatcham cat 1 alarm.
Im paying 620 quid, for 5000 miles a year. This includes my fiancee who is 24, and im 26.
There are some good deals on classic policies if you look hard enough.
Stu
Title: Lower that Insurance!
Post by: chrisBoid on March 22, 2005, 10:53:44 AM
Post by: chrisBoid on March 22, 2005, 10:53:44 AM
Stu : that\'s interesting, I talked to them 2 weeks ago to get the criteria. I wonder if it\'s an inconsistency or new policy (hopefully). It\'s all academic for me for another year anyway (I have a \'96 FD).
Title: Lower that Insurance!
Post by: Big Stu on March 22, 2005, 11:03:47 AM
Post by: Big Stu on March 22, 2005, 11:03:47 AM
I think they had an influx of FD owners requesting quotes and got a bit nervous about having that much group 20 manchinery on their books.
I was well impressed with my premium, plus all my mods are totally listed.
I was well impressed with my premium, plus all my mods are totally listed.
Title: Sureterm
Post by: Eddie on March 22, 2005, 01:22:41 PM
Post by: Eddie on March 22, 2005, 01:22:41 PM
1) car has to be Ten years or older
2 ) Second car
3) 3000 miles
All mods listed
No points
Driving instructor
about 260 fully comp :) very pleased, give them a try
2 ) Second car
3) 3000 miles
All mods listed
No points
Driving instructor
about 260 fully comp :) very pleased, give them a try
Title: Lower that Insurance!
Post by: eyedee on March 22, 2005, 02:47:03 PM
Post by: eyedee on March 22, 2005, 02:47:03 PM
Thanks for your advice. Sorry, I just realised I posted this in the wrong place! Could somebody move it to Insurance please?
Thank you! :D
Thank you! :D
Title: Lower that Insurance!
Post by: scooby_si on March 22, 2005, 05:55:37 PM
Post by: scooby_si on March 22, 2005, 05:55:37 PM
Magic 
well mines less than 10 years old but best quote i had was with hjoughtons this year wasnt worded exactly as "classic car" but was effectively same thing just different label.......Might of changed since but there is a thread in here with their contact details somewhere.....
Si
well mines less than 10 years old but best quote i had was with hjoughtons this year wasnt worded exactly as "classic car" but was effectively same thing just different label.......Might of changed since but there is a thread in here with their contact details somewhere.....
Si
Title: Lower that Insurance!
Post by: eyedee on March 22, 2005, 07:13:56 PM
Post by: eyedee on March 22, 2005, 07:13:56 PM
I\'m intrigued, having read so many contrasting stories about Houghtons, I will give them a bell tomorrow. But I have just got what I think is a stonkin quote for my TypeR: £683 for 12 months fully comp with protected no claims bonus, guaranteed £8000 value, third party cover on all other fully comp vehicles and thats taking into account all my mods and 7 day ban for speeding! Only snags are its on a 3000 mile policy and the excess is a bit high at £400. But Tesco\'s excees is - get this... £850!!!
Oh and Admiral were less than helpful, informing me I didnt live at my address and that my car didnt exist. It was the 1.3 or 2.6 thing again. Funny thing was, I said its either down as a 2.6 or 1.3 and the next thing I know I\'m being given the cold shoulder. :confused:
Oh and Admiral were less than helpful, informing me I didnt live at my address and that my car didnt exist. It was the 1.3 or 2.6 thing again. Funny thing was, I said its either down as a 2.6 or 1.3 and the next thing I know I\'m being given the cold shoulder. :confused: