Insurance

[lincolnmk5]

I ve been given a really good quote for my std Gti . The saving is £110 less than my current insurer , Tesco who I have been with for a while now . The quote is also a good deal cheaper than other rivals . The quote is from Admiral . Anyone on here know what they are like for service in the event of (god forbid) a claim ? Thanks

[topher]

They're fine with all that.. just rubbish at insuring any modifications!

[lincolnmk5]

Would that include 18 monzas ? do you think

[bobotheclown]

I've been with admiral for the last 5 years and they have the lowest quote/renewal. Haven't claimed on any insurance yet so don't know how they are in that respect.

[bobotheclown]

not sure 18" onza's are considered modifications as they are factory fit options. If I am wrong then would I have to declare my RNs510 and luxury pack and heated seats as mods?

[Top Cat]

I am not being rude at all but would you not get a better answer from the insurance company themselves. Policies change all the time. some advice from here on will they insure your wheels may not be relevant. 

[kingbilly]

lincolnmk5,

Within the last month I purchased a mk 5 GTi, also with 18" Monza II's, and am also with Admiral.  Irrespective of whether the car left the factory with them on, they are in fact a modification in the insurers eyes, as they are over and above the standard spec.  Fancy wheels make the car more attractive to potential thiefs, therefore more risk, therefore more premium.  Because I am partly through my insurance year, don't know the exact uplift paid, but probably about 10%.

The bad news of course is that when you claim for the loss of your car including the new wheels, the insurer will only pay out on the standard cost of the car. 

Please don't shoot the messenger.

Just on Admiral, I previously insured an Integra Type R with them for 9 years, and they were always the best price I could find.

Hope this helps
KB

[AlanD]

Im sorry but that is complete and utter tush from Admiral, so if your car comes with optional 18 wheels, optional whatgymicall it stereo and optional parking sensor this has to all be declared on your insurance? If they think that an optional extra is a modifcation then Im speechless.

[kingbilly]

AlanD,

You are perfectly correct, this is utter tosh. 

Just spent the last half hour talking to Admiral.  Optional extras are treated the same as modifications, and they say that when you contact them to amend or re-new your policy they will ask you if either has been done, at which point you are obliged to disclose, and load your premium accordingly.  The guy I spoke to did concede that you "might" get the full cost of the optional extra refunded if stolen, but he was extremely non-committal.

KB

[Top Cat]

 A lot of insurance company's are going down this root.  Only my DSG is ensured on mine.  I-pod, recaro's, monza II's dont exist with my insurer.