Insurance - any suggestions?

shoestring7 · Post by **shoestring7** » Mon Jun 16, 2014 12:21 pm

I know there have been a few threads on this, but the situation does change constantly.

The present insurer of my 964 had a cow when they learnt it has been sitting in a specialist's workshop for the past 8 months waiting for the slowest engine re-build since Noah broke his con-rod ("We weren't told you were storing it away from your home address"), so I need for find cover for that before (probably) transferring cover to my '73 later this summer.

>C

Nige · Post by **Nige** » Mon Jun 16, 2014 12:23 pm

Laid up policy for the 964 then, not all do them but it covers for theft, fire and accidental damage. Last time I paid for one it was about £80 per year. Then move the road policy to your other car.

ken c · Post by **ken c** » Mon Jun 16, 2014 1:51 pm

shoestring7 wrote:The present insurer of my 964 had a cow when they learnt it has been sitting in a specialist's workshop for the past 8 months

Don't understand this. Surely the car is covered by the slow engine rebuilder, so your insurers should be happy for 8 months covering nothing. Tell your insurer/broker that they're idiots. I also presume that you weren't expecting eight months!!

You might try this aggregator:

http://www.insureaclassiccar.co.uk/

I've not used it in earnest - renewed both of my cars in Feb, but may come in handy next year.

neilbardsley · Post by **neilbardsley** » Mon Jun 16, 2014 2:37 pm

Agreed I would of thought they should of been pretty happy it's off the road and in a secure place?

shoestring7 · Post by **shoestring7** » Mon Jun 16, 2014 3:12 pm

I'm still waiting for a call back Lancaster after consultation with the underwriter, but I got the distinct impression they were not happy. I've encountered this before when I've asked about cover for when the car is kept in (professional) storage; they don't like it when the car is not kept at your home address, even if it does mean the car's not on the road.

I did get one quote a laid-up policy - its was £20 cheaper than one with a 4k limit.

>C

Nige · Post by **Nige** » Mon Jun 16, 2014 3:26 pm

The issue is that it's not stored at the address it's insured at so could essentially be a different/higher risk, such as dodgy postcode on a industrial estate, higher risk of fire, empty at night etc. That's why you tick the box park on driveway or garage, etc and most classic policies require the car to be kept at the stated address garaged. I can't see why there is a beef with the insurers. Many even require to have the car MOT'd even if you keep off the road and unused.

shoestring7 · Post by **shoestring7** » Mon Jun 16, 2014 4:03 pm

I think you're correct Nige, in this case its in a leafy part of Surrey, so its probably not a crime hotspot. Of course, I never intended for the car to be stuck there for 8 months so it just didn't occur to me to inform the insurers.

C>

waller · Post by **waller** » Mon Jun 16, 2014 6:43 pm

I don't yet own a Porsche but for my old vw's I use RH insurance and I cant fault them give them a bell they are very knowledgeable and will help out they were happy to insure my splitscreen bus as a project before it was registered ect

jackstowers · Post by **jackstowers** » Mon Jun 16, 2014 6:49 pm

+1 for RH. Had mine insured at the garage then transferred to a 'driving' policy once MOTd

DIRKBROWNFINGER · Post by **DIRKBROWNFINGER** » Mon Jun 16, 2014 8:38 pm

I had a conversation with Hagerty (whom I thoroughly recommend) about my old car and it became apparent that the car is not covered whilst its being worked on/restored at your given address with the usual road cover - if you set fire to it with a welder or a grinder etc they wont pay up! I would tell my insurer of any changes esp address the vehicle is kept at and get written confirmation from them if they agree to cover it there.

Dirk.

higs356 · Post by **higs356** » Mon Jun 16, 2014 9:19 pm

Was about to post a silmilar Q when I saw this
I hope it OK to piggy back and ask for peoples opinion on best insurer for following...

Recomissioning a Car after yrs in Resto ... 73 911 E to 3L RS spec
Would prefer an Insurer that was OK with me using it on Le MAns Parade Lap and occasional track day

Maybe need to take that risk myself

Hagerty , Footman James ... ?

Fuchs915 · Post by **Fuchs915** » Mon Jun 16, 2014 10:06 pm

Just moved my insurance from Footman after being with them for years. Fed up with schemes keep changing (suits the broker, not the client) and cover diminishing. Insured with Lockton. They have some tie up with PCGB, worth a try.

Good luck

Kevin

Mike Smith · Post by **Mike Smith** » Mon Jun 16, 2014 11:09 pm

Any insurance company is only as good as the way it responds to a claim and I have never had one (on any of my Porsche`s) but try RH Brokers advertising on this site 01277 206911) - they are certainly easy to deal with and very reasonable (No Affiliation)

The cover is with Equity Red Star Services Ltd

murph2309 · Post by **murph2309** » Tue Jun 17, 2014 7:33 am

higs356 wrote:Was about to post a silmilar Q when I saw this
I hope it OK to piggy back and ask for peoples opinion on best insurer for following...

Recomissioning a Car after yrs in Resto ... 73 911 E to 3L RS spec
Would prefer an Insurer that was OK with me using it on Le MAns Parade Lap and occasional track day

Maybe need to take that risk myself

Hagerty , Footman James ... ?

I have cover with Footman James and it allows you to do 'parade laps' on the insurance also the mileage is unlimited, which I like. Plus they also do agreed valuation for the car with an independent inspection (e.g. Peter Morgan)

Don't risk taking the car on track without insurance - just not worth it.

hot66 · Post by **hot66** » Tue Jun 17, 2014 7:46 am

I stick with FJ as I have had to use their European breakdown cover in the past and it was a great service which included translators on the phone to help deal with the French recovery service

DDK - Die Deutschen Klassiker