Author Topic: Modified cars - best insurers in the UK?  (Read 1802 times)

Offline Burger81

  • Not said much yet
  • **
  • Posts: 65
Modified cars - best insurers in the UK?
« on: 21 November 2017, 05:55 »
Who do people use to insure their modified cars? I’m getting a wide variety of quotes, and none of them particularly cheap considering I’m 36, have no points, over 15 years NCB and live in a nice area.

I have tried brokers and compare the market and they are all coming out over £500, where I was hoping for nearer £380-450. And with high excess.

Is this just the norm now in the UK?

Offline mcmaddy

  • Forum addict
  • *
  • Posts: 5,244
Re: Modified cars - best insurers in the UK?
« Reply #1 on: 21 November 2017, 06:59 »
Unfortunately yes. Insurance costs are rising year on year and if you look at the IPT on every policy this has gone from 6% to 12% in the last two years. What modifications are you declaring?
TCR, Pure Grey, DCC, Dynaudio and Climate Screen.

Offline Burger81

  • Not said much yet
  • **
  • Posts: 65
Re: Modified cars - best insurers in the UK?
« Reply #2 on: 21 November 2017, 07:25 »
Remap, lowering springs and non standard alloys.

Offline mcmaddy

  • Forum addict
  • *
  • Posts: 5,244
Re: Modified cars - best insurers in the UK?
« Reply #3 on: 21 November 2017, 08:23 »
I think you'll be lucky to be paying around the 400 mark considering some people are paying that without any mods.
TCR, Pure Grey, DCC, Dynaudio and Climate Screen.

Offline Burger81

  • Not said much yet
  • **
  • Posts: 65
Re: Modified cars - best insurers in the UK?
« Reply #4 on: 21 November 2017, 08:25 »
It seems that way so far! Maybe the prices I’m getting are quite fair in that case.
£515 is best quote so far but with £400 excess...

Offline Gnasher

  • I live here
  • *****
  • Posts: 1,015
  • Formerly GnasherVXR
Re: Modified cars - best insurers in the UK?
« Reply #5 on: 21 November 2017, 09:03 »
I'm 46 (I know, I don't look it, do I?) and have a GTI PP with...

19" BBS Alloys
Milltek Cat back
DTUK tuning box
Pipercross air filter (now removed)
Eibach Sportline lowering springs

...and with about 15 years no claims (I know only some of those years count up to a maximum) I think I pay around £425-450 with HIC.

I've always found the best bet is to ring around a few of the specialist brokers (Adrian Flux, HIC, etc.) with the mods list and go from there. Be wary of higher excesses and whether cover includes commuting to work (some don't) as well as protecting your NCB.
2014 Golf GTI (PP) in Pure White with
Vienna Leather, Keyless Entry, High Beam Assist, Park Assist, Rear View Camera. Milltek Exhaust, Eibach Sportlines, 19" BBS SR wheels - SOLD!!!!!

2018 Audi TTRS in Nardo Grey with
Black pack, 20" Alloys, Privacy glass and Sports Exhaust. No mods yet!

Offline WD-40

  • Not said much yet
  • **
  • Posts: 61
Re: Modified cars - best insurers in the UK?
« Reply #6 on: 21 November 2017, 10:00 »
I'm 46 (I know, I don't look it, do I?) and have a GTI PP with...

19" BBS Alloys
Milltek Cat back
DTUK tuning box
Pipercross air filter (now removed)
Eibach Sportline lowering springs

...and with about 15 years no claims (I know only some of those years count up to a maximum) I think I pay around £425-450 with HIC.

I've always found the best bet is to ring around a few of the specialist brokers (Adrian Flux, HIC, etc.) with the mods list and go from there. Be wary of higher excesses and whether cover includes commuting to work (some don't) as well as protecting your NCB.

Why do you say to be wary of higher excesses? I always set my excess as high as possible as I'd rather take the saving on the premium, and suck up the excess in the unlikely event I had a significant claim (I'd never claim for anything less than £1-2k anyway as you'd more than pay that in increased premiums in the future)
Current:
2018 BMW M2
2002 Porsche 911 (996) Carrera 4

Ex:
2017 GTI Clubsport Edition 40 #645, MG Midget, Audi S4 Avant, Mercedes-AMG C63, Porsche Cayman S Sport, BMW Z4MR, Honda S2000, Alfa Romeo GTV, Peugeot 106 Rallye, Austin Mini E amongst others

Offline wigit

  • I live here
  • *****
  • Posts: 1,722
Re: Modified cars - best insurers in the UK?
« Reply #7 on: 21 November 2017, 10:51 »
Worth trying A Plan In Thatcham as used them on the modded R and M2 as thats lowered

Have used Sky previously, Flux have never really bean competitive for me and with checking their cancellation terms as a few friends have been hit recently.

Offline Burger81

  • Not said much yet
  • **
  • Posts: 65
Re: Modified cars - best insurers in the UK?
« Reply #8 on: 21 November 2017, 10:58 »
The £515 quote was with HIC and I got £590 with sky and a slightly lower excess.
I don’t plan on having an accident so excess shouldn’t be too much of an issue :grin:

So maybe it’s not such a bad price all things considered.

Offline wigit

  • I live here
  • *****
  • Posts: 1,722
Re: Modified cars - best insurers in the UK?
« Reply #9 on: 21 November 2017, 11:13 »
I used Sky for many years but they went wibble when it came to insuring the R (when they first came out) with one of those are we going to toe ombudsman. In reality it was Revo who recommended A-Plan as I was struggled to get modified cover.