Insuring RX7 for 21 year old

[Bobfish]

Anyone have any suggestions?

92 rx7 FD
standard turbos
uprated rad, intercooler
PFC and commander
18 inch wheels
uprated brakes
decat, uprated exhaust

21 years old, 4 years NCB - no accidents, 1 SP50 speeding conviction.

What you think? best ive had so far is £2095 with an £1100 excess!  nobody seems to understand what im trying to tell them on the quote (its an RX what? is it chipped? No, its got an entire aftermarket ECU, ok so its not chipped? no, but its not got the standard ECU either, ok so its chipped then?)

GIVE ME STRENGTH LOL

any tips people?

[Prof]

could try sky - also, there is an insurance thread here on the site - take a read through that - it might help you

[n4bes]

I managed to get mine insured with A-plan, details here.......

http://www.mazdarotaryclub.com/forums/showthread.php?t=32289

£300 per year cheaper than the rest....

[chrisJDM]

you could try

//www.elephant.co.uk

[Bobfish]

LOL just had a converstaion with insurance company about a quote:
 
"its an RX7"
 
"an RX what?"
 
modifications...
 
"is it chipped?"
 
"no, but itll have an entire aftermarket ECU"
 
"ok, so its not chipped?"
 
"no it isnt,  its got a totally different ECU"
 
"ok, so its got a superchip then?"
 
"no, ok ill take the ECU off it then"
 
"its got 18 inch alloys too"
 
"how much are they worth?"
 
"£2200"
 
"ok, we can insure those but we only replaace them with the standard items if they are stolen?"
 
"so whats the point of me telling you about them if you wont insure them then?"
 
"because your insurance will be invalid if you dont"
 
"ok, so if i tell you my cars worth £150,000 that will put my price up for insurance wont it?"
 
"yes"
 
"and how much will you pay out in the event of a total loss?"
 
"the book value"
 
"goodbye"
 
knobbers!

[J4P RX]

"ok, so if i tell you my cars worth £150,000 that will put my price up for insurance wont it?"
 
"yes"
 
"and how much will you pay out in the event of a total loss?"
 
"the book value"
 
"goodbye"
 
knobbers!

They will all do this unless you get an agreed value policy.  You have to deal with it.

[n4bes]

know the feeling.........

Had an hour long conversation with the quote me happy bunch and on Modification number 7, of 18, he said they could not insure me....crazy.

[Kieron]

You\'re lucky to get a Quote at all on an FD at that age.

Got my 1st one when I was the same age and what a nightmare it was!!! Ended up paying just over £2000 with a £1000 excess and told that if I crash it or it\'s stolen it will be replaced with stock parts. Only company that would insure me.

[Bobfish]

OK, just got a quote with adrian flux, all mods declared.

£1800 comprehensive with £550 excess, with all mods covered on a like for like basis (e.g wheels get stolen, they give u the same ones again)

£2155 comprehensive with £550 excess all mods covered up to 320bhp. same as above really.

[TwistedHumour]

I\'m 20 and mine is just topping £3k with all mods declared  It\'s done on a agreed value basis

The only way I could get it was to use one of my boss\' friends who\'s a director of a commercial brokers.

[Bobfish]

ok. Sorted.

Was insured with flux @1100 a year TPFT

Now insured with flux fully comp, all mods declared with replacements on a like for like basis. power level at anything under 320hp, 8000 miles a year, 21 with 4 years NCB, 1 SP50 speeding fine. £1884 fully comp with £600 excess.

is NOT an agreed value deal (due to my age apparently?) but they said that in the event of a total loss then they will take into account any receipts i have for modifications to the car and add that on to the market value, and i have over £8000 worth of receipts so it shouldnt be a problem i dont think!

Not too bad i dont think, considering my age (dont get me wrong, i think its a disgusting price considering my driving experience and accident record, but its quite good within the market. IMO i should be paying no more that £1000 but what can you do eh?)

[n4bes]

out of interest...........

Did you try A-Plan..??

[TwistedHumour]

Not too bad i dont think, considering my age (dont get me wrong, i think its a disgusting price considering my driving experience and accident record, but its quite good within the market. IMO i should be paying no more that £1000 but what can you do eh?)

Not too bad at all!  I\'m praying to god that mine will drop to something like that this year :p

Insurance is based on statistics - so for the \'few\' of us who have good driving records (touch wood), we still get branded with the same label. :Grrr

[chris p]

do you have more than 1 car ?? just that im 24 and paying £1200 fc to insure my rx7, 200sx, & 205 mi16 all on one policy

[Cally]

I hate flux they wouldnt insure me @ 23 on an rx7 when I had been with them for 4 years prior to getting it.