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cambscdxv6

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Posts: 3
cambridgeshire
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Drives: 1999 2.5 V6 CDX Estate Auto

Insurance
26. Apr 2011 at 22:39

Hello all from a new member !!

i recently purchased a very tidy 1999 v6 CDX estate auto but have been met by a brick wall on insurance i am horrified by the cost roughly twice as much as the car is worth with an excess just shy of the car value. Im in my thirties with a clean licence but no ncd due to being a company car driver for 12 years, any suggestions or reccomendation of insurers that can offer a good deal ?????

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RobG

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Posts: 7968
Bristol
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Drives: 53 plate 2.2 CD auto

Re: Insurance
Reply #1 - 26. Apr 2011 at 22:41

cambscdxv6 wrote on 26. Apr 2011 at 22:39:

Hello all from a new member !!

i recently purchased a very tidy 1999 v6 CDX estate auto but have been met by a brick wall on insurance i am horrified by the cost roughly twice as much as the car is worth with an excess just shy of the car value. Im in my thirties with a clean licence but no ncd due to being a company car driver for 12 years, any suggestions or reccomendation of insurers that can offer a good deal ?????

Due to that, you`ll struggle to get a decent quote for a group 15 motor Sad

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Andy B

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Bury Lancs
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Drives: 1999 3.0 Elite auto/TDM

Re: Insurance
Reply #2 - 26. Apr 2011 at 22:45

RobG wrote on 26. Apr 2011 at 22:41:

cambscdxv6 wrote on 26. Apr 2011 at 22:39:

Hello all from a new member !!

i recently purchased a very tidy 1999 v6 CDX estate auto but have been met by a brick wall on insurance i am horrified by the cost roughly twice as much as the car is worth with an excess just shy of the car value. Im in my thirties with a clean licence but no ncd due to being a company car driver for 12 years, any suggestions or reccomendation of insurers that can offer a good deal ?????

Due to that, you`ll struggle to get a decent quote for a group 15 motor Sad

But most insurance companies will allow for ex-company car drivers not having their own ncd & give a decent introductory price. We had this year ago when SWMBO got her own car till I said that she's been driving for years but on my insurance.

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VXL V6

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Re: Insurance
Reply #3 - 26. Apr 2011 at 22:47

When I changed jobs and no longer had a company car I managed to get the original company to write a letter confirming that I had never had an accident or insurance claim on their policy for the seven years that I was the driver of company cars (nb. can't be pool cars). Direct Line and Norwich Union (Think they are Aviva now) would accept that as proof of no claims and granted me the equivilent on their policy quotes.

This is going back a while now though, but worth a try. Thumbs Up!

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cambscdxv6 Newbie Offline Posts: 3 cambridgeshire Gender: Drives: 1999 2.5 V6 CDX Estate Auto	Re: Insurance Reply #4 - 26. Apr 2011 at 22:50 its such a shame the car is a beauty great to drive and hardly used as a rally car but its the old story of check before you buy i guess
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cambscdxv6 Newbie Offline Posts: 3 cambridgeshire Gender: Drives: 1999 2.5 V6 CDX Estate Auto	Re: Insurance Reply #5 - 26. Apr 2011 at 22:52 well yeah i drove comp car for 12 years but opted out due to tax cost so cab get a letter still worth a try i guess might get the price down a bit !!! thanks for the suggestion
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Andy B Over Active Poster Offline Posts: 21988 Bury Lancs Gender: Drives: 1999 3.0 Elite auto/TDM	Re: Insurance Reply #6 - 26. Apr 2011 at 22:54 cambscdxv6 wrote on 26. Apr 2011 at 22:50: its such a shame the car is a beauty great to drive and hardly used as a rally car but its the old story of check before you buy i guess How are you getting quotes? I think you'd be better off phoning brokers & explaining your circumstances rather than confused.com/etc
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Jimac Junior Member Offline Posts: 71 Newcastle upon Tyne Gender: Drives: 2003 Omega 2.2 CD Petrol Auto	Re: Insurance Reply #7 - 27. Apr 2011 at 08:44 I'll second the point about getting a letter from your employer or fleet manager. Many people have dropped out of company car schemes over the last few years so the insurers are used to this situation. I got a letter from my employers when I did this about 5 years ago and it was accepted as proof of no claims. Jim.
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omega2.2auto

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Posts: 20
stirling
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Drives: omega2.2auto 52 plate

Re: Insurance
Reply #8 - 28. Apr 2011 at 19:27

had the same problem,had my own buisness and accrued a no claims bonus,after the garage going tits up at xmas i had to insure my own car £345 46 yrs old 5 yrs ncd thought minted.provided proof from last ins co.AVIVA replied saying computer says no,we cant accept that because its a traders policy.grrrrrrrr therefore they quoted me from a jump from £34 a month to £82 per month nearly £600 dearer rip off so choose carefully and thats afer paying nearly £15000 for insurance for the garage.go without it only costs you £150 and 6 points lol

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aaronjb

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Posts: 3635
Bracknell, Berkshire
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Drives: '01 3.2 Elite (was '96 2.5TD CD), '02 MR2 Roadster (plus snail), '92 300ZX 3.0V6 TT

Re: Insurance
Reply #9 - 28. Apr 2011 at 19:32

I'm also in my 30s with a clean licence, and with 1yrs NCB (my NCB is on my other cars policy sadly, so this is after 'mirroring' the NCB over last year) it still costs me £615 to insure the Elite - that's TPF&T too!

I'm sure it's all part of a ploy to get us to trade in/crush old cars and buy something new instead, which would undoubtedly be cheaper to insure.

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..and it went 'dugga dugga dugga dugga'..

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Osprey Senior Member Offline Drink up. The world's about to end. Posts: 513 Redhill, Surrey Gender: Drives: 2.6 Elite saloon	Re: Insurance Reply #10 - 28. Apr 2011 at 21:39 Have you tried putting your Mum on as an additional driver? (Or any other person of mature years, preferably female.) Even if she will never actually drive the car it seems to reduce the premium. Also worth trying fully comp as this can sometimes be cheaper than TPF&T - sounds daft but true in my experience.
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aaronjb Omega Baron Offline Posts: 3635 Bracknell, Berkshire Gender: Drives: '01 3.2 Elite (was '96 2.5TD CD), '02 MR2 Roadster (plus snail), '92 300ZX 3.0V6 TT	Re: Insurance Reply #11 - 28. Apr 2011 at 21:53 Osprey wrote on 28. Apr 2011 at 21:39: Also worth trying fully comp as this can sometimes be cheaper than TPF&T - sounds daft but true in my experience. I've had that before, too - but not this year.. perhaps they've wised up to that, but the best I could do was £900 FC - and it doesn't seem worth paying that to insure an Omega, somehow.
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TheBoy

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TBE has an MOT!

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Brackley, Northants
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Drives: 98 MV6, 03 Elite, 00 25, 89 ZX10

Re: Insurance
Reply #12 - 28. Apr 2011 at 22:20

aaronjb wrote on 28. Apr 2011 at 19:32:

I'm also in my 30s with a clean licence, and with 1yrs NCB (my NCB is on my other cars policy sadly, so this is after 'mirroring' the NCB over last year) it still costs me £615 to insure the Elite - that's TPF&T too!

I'm sure it's all part of a ploy to get us to trade in/crush old cars and buy something new instead, which would undoubtedly be cheaper to insure.

I insisted my insurance company give me full NCD on my 2nd car when I first got it. After about 30mins negotiation, they agreed - though that was around 4yrs ago. So I now have full NCD on both 'my' cars and Mrs TB has full NCD on hers as well.

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Bent valve

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Posts: 386

Drives: Omega 3Litre elite estate, Merc 190E

Re: Insurance
Reply #13 - 29. Apr 2011 at 07:53

Jimac wrote on 27. Apr 2011 at 08:44:

I'll second the point about getting a letter from your employer or fleet manager. Many people have dropped out of company car schemes over the last few years so the insurers are used to this situation. I got a letter from my employers when I did this about 5 years ago and it was accepted as proof of no claims.
Jim.

Yup, same here. Get a letter, or write one yourself Thumbs Up!

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ferretavfc Newbie Offline English through and through. Posts: 41 Bristol Gender: Drives: Omega 2.2 CDX Petrol	Re: Insurance Reply #14 - 29. Apr 2011 at 09:24 I am 50 yrs old have ten yrs+ protected no claims and More than quoted me £959 Fully comp got it down to £368 with swift cover using web site but with them you only get basic extras, but in fairness you have to weigh this against the cost and cost wins for me every time.
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