GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: Burger81 on 21 November 2017, 05:55
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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?
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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?
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Remap, lowering springs and non standard alloys.
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I think you'll be lucky to be paying around the 400 mark considering some people are paying that without any mods.
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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...
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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.
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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)
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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.
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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.
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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.
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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)
Only in as much as the way some insurers word their policies. Some will quote a voluntary excess and that's the total you'd pay. However I've had an instance where a voluntary excess is in addition to the compulsory excess and this was hidden in the depths of the quote given.
I've never added a voluntary excess as (when I've previously looked into it) the difference in premium was negligible for quite a large voluntary excess, so stuck with lower one's. This might be just for me as I'm a little more 'mature' anyway - you youngsters might have a little bit more to gain from it.
Back in the 90's I had an accident (my fault) and didn't know what my excess was. Went to pick the car up from the bodyshop with cheque book in hand (that's how long ago it was lol) to find out I had zero excess. Happy days!