View Full Version : Nightmare with insurance!
My god it is SO hard for me to get decent insurance on a supra even though I've have 3years clean license and 3 years no claim but because of the area I live I CANNOT get quoted less than 6K annualy even though A. It will have milege restriction per year, up to 3000 a year but it would be used 3 or 4 times a month, rest of the time it be locked in a garage. Now if I change the address to my mums place it drops to 3000 and that's being left on the street! I'd have no problem with paying that off but I realy don't want to have to travel 30+ miles every weekend I decide to use it. Kind of frustrating!
dear god 6k... :shock: how old are you and where do you live? I'm also guessing this is for a TT?
6K!! I've never heard of a quote so high. What age are you and do you have convictions?
Edit - just seen your age. At 20 you're going to stuggle if it's for a TT, but even so 6k is madness for any Supra unless you've had a ban/DD imposed in the past
I received a quote of £6k when looking for renewals, 24 with 5 years NCB too!
You're not the first club member with "Lancashire" as your area to say you're having MAJOR issues getting decent insurance quotes either!
I know my age plays a big play into it. When I turn 21 in july I will have had 4 total clean years. I've had NO convictions, bans or anything. Totaly clean license which is quite suprising for a young lad I know lol.
I got a quote for BOTH a TT and n/a and I kid you not but even an n/a will set me bac 5 and half k!!!!
I 'unfortunatly' live in a very crappy part of manchester and that is oldham. Not the best to live believe me I know but its not like I'm leavin it on the streets. Got my own little garage near by which is alarmed and locked but to no avail! This country is getin f*in worse, can't even make decent living without them robbing you of every penny you own!!
I feel for you mate, I really do, but if you own a nickable car in a blacklisted postcode you're going to get killed on insurance no matter what your own :( However Supra's are still very cheap to insure compared to most other jspec cars of this power level.
I received a quote of £6k when looking for renewals, 24 with 5 years NCB too!
You're not the first club member with "Lancashire" as your area to say you're having MAJOR issues getting decent insurance quotes either!
No he's not and it's really worrying me :(
Mike
No he's not and it's really worrying me :(
Mike
I don't get insurance. I used to live in a pretty decent suburb of Southampton. When I moved back towards the city centre and areas more likely to be prone to "issues" with crime, car thefts etc, my car insurance actually reduced :blink:
Then my renewal quote on the Supra was a good £150 more than what I paid for my first year with it.
I guess they just hope that most people out there say "ok" to the first figure they hear. I think the guys at Sky hated me by time I'd finished sorting my insurance - they'd reduced it by nearly 33% due to all my haggling :d
I guess the only option left is to leave it at my mums address then pick it up on a weekend. Surely the fact that having restricted milage and weekend use only would have some effect on my premium?
I guess the only option left is to leave it at my mums address then pick it up on a weekend. Surely the fact that having restricted milage and weekend use only would have some effect on my premium?
I guess they judge that it's left at home while you're out all day, which means it's a higher theft risk or something like that. Who knows?!
Who is giving you 6k as your best quote?
I understand that some area's are high but 2k is high, not 6.
Scott =op
I suppose it depends whether they see theft as a higher risk than accident. You might actually be able to reduce your premium by driving it more :D.
I guess they judge that it's left at home while you're out all day, which means it's a higher theft risk or something like that. Who knows?!
The strangest thing though at my address I want to get it insured under has a LOCKED, ALARMED garage which is 1 of my mates 5 minutes from me.
At my mums address it would be out on the street! Doesn't make any sence to me :search:
That may not actually help though, as the car isn't kept on your premises, 5minutes away is a long time.
Mike
Who is giving you 6k as your best quote?
I understand that some area's are high but 2k is high, not 6.
Scott =op
That would be my current insurer which I have for my work horse and that's e-car. Been with them since I 1st got on the road cause they offered me what I required at the time and the BEST price.
Hmmm maybe yur right and driving it more would help but its just so frustrating that I've got the money to drop on the car I've been wanting since, yes that's right, the fast and the furious! Lol and its just so frustrating that the only thing holding me back is insurance! Cost for body repairs or mechanical is not as issue due to that being my job and has bin since leaving school so the ONLY other thing money wise I'd need to put into this is jungle juice!! GRRRR so annoying!
Try admiral.
I pay just under 500 with all mods and points declared.
Scott =op
I agree try Admiral(even though they have screwed me over a bit)
Is that quote for comprehensive cover? If so, if repairs aren't a problem, why not get a quote for third party, fire and theft? (if they'll even do that)
:looney:
Yeah I'm just 20 and I'm quoted £1100 fully comp on a UK spec TT with an estimated 7000 miles/year and that's with the car parked on the street. Insurance is a straaaaange thing!
SkyInsurance
04-03-08, 10:40
From our perspective this thread is a positive as it shows a couple of main issues that all insurance companies have to deal with which Sky Insurance has received recent criticism about.
The original poster is a young driver who lives in a high risk area. He has just received a quote of £6k.
1) High Risk & restricted postcodes
Our comment on this is: Where as other insurance companies will give you a sky high figure as a polite way of saying - we cant insure you in that area, Sky Insurance will usually not do this, if you live in a postcode which we cannot insure we will tell you and offer our apologies. We are governed by our insurers guides and if they are unwilling to insure in a particular area, we go along with that. If we override these rules we will be insuring Supras in high risk areas and claims stats will be poor. By saying no in the first place we keep our claim stats low and are able to pass savings on to club members who live in lower risk areas. If this is deemed as unfair, so beit.
The car club scheme we have works very well for the all of our affiliated clubs but there are always going to be the odd member who we cannot help out, unfortunately due to the nature of forums and the fact we are active on this forum we tend to get negative criticism directed towards us.
2) Younger drivers & drivers with no Supra experience
We will try and help out any member, but like all insurance companies, if we view a driver as high risk the premium will reflect this or we will state we are unable to insure them.
When we started the Supra club insurance scheme, supras were worth a lot more money and weren't able to be bought by your average Joe. We have seen an influx of younger, higher risk members contacting us for quotes, these seem to be the customers we have to say no to, again due to nature of forum based discussion we receive negative criticism about this as well.
This thread shows that Sky are not the only insurance company who have restrictions in place.
We do insure a huge amount of Supras so the club scheme does work well. We have club members interests at heart, we offer discount for clubs members, we offer our services over the forum and we will bend over backweards to help our customers in the event of any problems.
I just wanted to take this opportunity to put our points accross. Apologies for deviating slightly off topic.
Ollie
Sky Insurance
I thought I would add to this post because I am frustrated and staggered at how the system "works" and that a 20 year old get insurance, yet I can't!!
I'm 25 with no convictions, no accidents, no previous points and been driving for 8 years. I had been on parents insurance till 21 and then managed to get 2 years no claims against my name. It turns out that because I didn't continue my own insurance as I have been on my company policy (which has included me driving a Mercedes E320 which is quite quick) it has been 2 years since my no claims ended so I have lost it all and have to start from 0yrs!!
Furthermore, I still have a GSXR 600 motorbike (0-60 in 3.8 secs) and have 4 years no claims (this year being my fifth - I paid £260 TPFT this year). I mean no disrespect but those of you who have ridden motorbike's know that you can get into trouble quicker than in cars and I personally believe more skill/better awareness of the road is required. No matter - motorbike insurance counts for nothing!
Anyway, that aside, I am due to undertake my professional exams next month which marks 3 years hard work and joining a professional body which can barr you for having a motoring conviction! To add to the pot, I own my own property and would store the car in a brick double garage - oh and I would only use the car at the weekend/fortnightly.
I was trying to get a quote for a big single supra and you can guess what has happened next. Nothing against Sky Insurance but they outright refused to insure me, saying at the beginning of the phone call that it was not the car they look at, but the "person driving". About 10 insurers I phoned today wouldn't cover me/the car (too many mods - apparently above 6) either! One salesman told me the computer said I had to be 35 years of age before I could get insurance!
:rolleyes::blink::search:
I thought I would add to this post because I am frustrated and staggered at how the system "works" and that a 20 year old get insurance, yet I can't!!
I'm 25 with no convictions, no accidents, no previous points and been driving for 8 years. I had been on parents insurance till 21 and then managed to get 2 years no claims against my name. It turns out that because I didn't continue my own insurance as I have been on my company policy (which has included me driving a Mercedes E320 which is quite quick) it has been 2 years since my no claims ended so I have lost it all and have to start from 0yrs!!
Furthermore, I still have a GSXR 600 motorbike (0-60 in 3.8 secs) and have 4 years no claims (this year being my fifth - I paid £260 TPFT this year). I mean no disrespect but those of you who have ridden motorbike's know that you can get into trouble quicker than in cars and I personally believe more skill/better awareness of the road is required. No matter - motorbike insurance counts for nothing!
Anyway, that aside, I am due to undertake my professional exams next month which marks 3 years hard work and joining a professional body which can barr you for having a motoring conviction! To add to the pot, I own my own property and would store the car in a brick double garage - oh and I would only use the car at the weekend/fortnightly.
I was trying to get a quote for a big single supra and you can guess what has happened next. Nothing against Sky Insurance but they outright refused to insure me, saying at the beginning of the phone call that it was not the car they look at, but the "person driving". About 10 insurers I phoned today wouldn't cover me/the car (too many mods - apparently above 6) either! One salesman told me the computer said I had to be 35 years of age before I could get insurance!
:rolleyes::blink::search:
you are 25 and you can't get insurance !
You need to look for a UK spec not an import (have a search) then quote with the admiral group. Will be cheap as chips
Liverpool and Victoria are also cheap (may be just because I'm an old git) and insure imports.
From our perspective this thread is a positive as it shows a couple of main issues that all insurance companies have to deal with which Sky Insurance has received recent criticism about.
The original poster is a young driver who lives in a high risk area. He has just received a quote of £6k.
1) High Risk & restricted postcodes
Our comment on this is: Where as other insurance companies will give you a sky high figure as a polite way of saying - we cant insure you in that area, Sky Insurance will usually not do this, if you live in a postcode which we cannot insure we will tell you and offer our apologies. We are governed by our insurers guides and if they are unwilling to insure in a particular area, we go along with that. If we override these rules we will be insuring Supras in high risk areas and claims stats will be poor. By saying no in the first place we keep our claim stats low and are able to pass savings on to club members who live in lower risk areas. If this is deemed as unfair, so beit.
The car club scheme we have works very well for the all of our affiliated clubs but there are always going to be the odd member who we cannot help out, unfortunately due to the nature of forums and the fact we are active on this forum we tend to get negative criticism directed towards us.
2) Younger drivers & drivers with no Supra experience
We will try and help out any member, but like all insurance companies, if we view a driver as high risk the premium will reflect this or we will state we are unable to insure them.
When we started the Supra club insurance scheme, supras were worth a lot more money and weren't able to be bought by your average Joe. We have seen an influx of younger, higher risk members contacting us for quotes, these seem to be the customers we have to say no to, again due to nature of forum based discussion we receive negative criticism about this as well.
This thread shows that Sky are not the only insurance company who have restrictions in place.
We do insure a huge amount of Supras so the club scheme does work well. We have club members interests at heart, we offer discount for clubs members, we offer our services over the forum and we will bend over backweards to help our customers in the event of any problems.
I just wanted to take this opportunity to put our points accross. Apologies for deviating slightly off topic.
Ollie
Sky Insurance
Ollie,
do you put many risks through Chaucer Insurance?
Liverpool and Victoria are also cheap (may be just because I'm an old git) and insure imports.
Tried them... Refused!
you are 25 and you can't get insurance !
Joke isn't it.. Plus most of the insurers didn't even ask me about where I live or my occupation!! Just heard about the car, no claims and that was it!
Ok well I've changed to my mums postcode and my quote dropped 4k!!! What is that bout!!!! Turns out my area is BLACKLISTED. 2100 is a lot more affordable so maybe I'm onto something here at last! :D
Have u tried admiral?
Scott =op
Ok well I've changed to my mums postcode and my quote dropped 4k!!! What is that bout!!!! Turns out my area is BLACKLISTED. 2100 is a lot more affordable so maybe I'm onto something here at last! :D
If you want to get an idea how your postcode is viewed by insurance (and other) companies take a look at http://www.upmystreet.com
I took a look at your one and it's pretty bad TBH, which is probably why you're getting such bad quotes.
The strange thing is, mine is rated slightly worse, but my insurance is only about 50% higher than most here. (13yrs driving, 13yrs no claims though & no points which probably helps!)
If you want to get an idea how your postcode is viewed by insurance (and other) companies take a look at http://www.upmystreet.com
I took a look at your one and it's pretty bad TBH, which is probably why you're getting such bad quotes.
The strange thing is, mine is rated slightly worse, but my insurance is only about 50% higher than most here. (13yrs driving, 13yrs no claims though & no points which probably helps!)
Makes sense I insure my car where I live <cough> theft of vehicle is 13.3 but where I work Edinburgh is 63.3 don't think I will be moving from my parents for sometime :D
I'm 25 with no convictions, no accidents, no previous points and been driving for 8 years. I had been on parents insurance till 21 and then managed to get 2 years no claims against my name. It turns out that because I didn't continue my own insurance as I have been on my company policy (which has included me driving a Mercedes E320 which is quite quick) it has been 2 years since my no claims ended so I have lost it all and have to start from 0yrs!! I'm not following your logic. You want No Claims Bonus for insurance somebody else paid for?
Furthermore, I still have a GSXR 600 motorbike (0-60 in 3.8 secs) and have 4 years no claims (this year being my fifth - I paid £260 TPFT this year). I mean no disrespect but those of you who have ridden motorbike's know that you can get into trouble quicker than in cars and I personally believe more skill/better awareness of the road is required. No matter - motorbike insurance counts for nothing! I agree with you here. It takes some some skill/caution/(self)control to not crash a decent sized bike; more than driving some old jap car requires, so why doesn't it garner you any credit with an insurance company?
I am due to undertake my professional exams next month which marks 3 years hard work and joining a professional body which can barr you for having a motoring conviction! Really? Just for a motoring conviction?
What are you going for, Archbishop of Canterbury? What else would bar you for the odd speeding ticket?
I was trying to get a quote for a big single supra and you can guess what has happened next. Nothing against Sky Insurance but they outright refused to insure me I know the age thing seems unfair but it does make some sense really. Most guys who have made it into their 30s without getting banned/killing themself/killing somebody else/writing off cars/etc are a much better bet, insurance wise, than a twenty something who's been driving a company car for the past couple of years and now wants a big-single Supra.
Not meant as a put-down, just explaining the 'old fart with a big single' point of view.
The point about my no claims bonus and company insurance is that with company insurance I have not needed to have a personal car or personal insurance. I'm not saying that I should get additional no claims bonus years (although it would be nice) but because of this fact I have lost my own no claims bonus as I have not insured personally in two years.
The other point is that insurance companies seem to view this as I have not been driving for 2 years which, of course, isn't true..
As part of the company scheme I have driven a 3.2 litre diesel which shows I've driven a similar size vehicle (not bhp perhaps) but the insurers I spoke to will not recognise this fact...
Agreed, whether they will insure you should depend on whether you've made a claim in the last x number of years (which they also ask you), not how many years "no-claims" you've had. That should purely reduce the quote by x percentage each year. Doesn't work like that for some reason though.
Anyone ever tried getting a quote off one of the companies that advertise 75% reduction for 5 years no claims, first stating you have no no claims, then remembering you do and requesting a 75% reduction of the initial quote? Bet the first quote isn't 4 times higher on most cars (may not apply to Supes).
:looney:
downimpact
05-03-08, 09:42
From our perspective this thread is a positive as it shows a couple of main issues that all insurance companies have to deal with which Sky Insurance has received recent criticism about.
The original poster is a young driver who lives in a high risk area. He has just received a quote of £6k.
1) High Risk & restricted postcodes
Our comment on this is: Where as other insurance companies will give you a sky high figure as a polite way of saying - we cant insure you in that area, Sky Insurance will usually not do this, if you live in a postcode which we cannot insure we will tell you and offer our apologies. We are governed by our insurers guides and if they are unwilling to insure in a particular area, we go along with that. If we override these rules we will be insuring Supras in high risk areas and claims stats will be poor. By saying no in the first place we keep our claim stats low and are able to pass savings on to club members who live in lower risk areas. If this is deemed as unfair, so beit.
The car club scheme we have works very well for the all of our affiliated clubs but there are always going to be the odd member who we cannot help out, unfortunately due to the nature of forums and the fact we are active on this forum we tend to get negative criticism directed towards us.
2) Younger drivers & drivers with no Supra experience
We will try and help out any member, but like all insurance companies, if we view a driver as high risk the premium will reflect this or we will state we are unable to insure them.
When we started the Supra club insurance scheme, supras were worth a lot more money and weren't able to be bought by your average Joe. We have seen an influx of younger, higher risk members contacting us for quotes, these seem to be the customers we have to say no to, again due to nature of forum based discussion we receive negative criticism about this as well.
This thread shows that Sky are not the only insurance company who have restrictions in place.
We do insure a huge amount of Supras so the club scheme does work well. We have club members interests at heart, we offer discount for clubs members, we offer our services over the forum and we will bend over backweards to help our customers in the event of any problems.
I just wanted to take this opportunity to put our points accross. Apologies for deviating slightly off topic.
Ollie
Sky Insurance
Good post, makes a lot of sense :thumbs:
Some insurance companies recognise a NCB built up under another policy. When I bought my Porsche, I had no NCB and had been driving under my wifes policy as a named driver for 10 yrs. Neither of us during that time had a claim made aginst us. When I applied for insurance for myself I was given full NCB.
Guess I live in a nice area and have a good driving record.;)
The point about my no claims bonus and company insurance is that with company insurance I have not needed to have a personal car or personal insurance. I'm not saying that I should get additional no claims bonus years (although it would be nice) but because of this fact I have lost my own no claims bonus as I have not insured personally in two years.
The other point is that insurance companies seem to view this as I have not been driving for 2 years which, of course, isn't true..
As part of the company scheme I have driven a 3.2 litre diesel which shows I've driven a similar size vehicle (not bhp perhaps) but the insurers I spoke to will not recognise this fact...
try greenlight insurance mate
try greenlight insurance mate
Tried them mate and the following:
Admiral 0800 600 800 http://www.admiral.com/
Adrian Flux 01553 777 240 http://www.adrianflux.co.uk/
AON 01384 552 670 http://www.aon.com
A-Plan 0845 071 123 http://www.aplan.co.uk/
AXA 0800 015 4292 http://www.axa-motor.co.uk
Bell Direct 0800 140 180 http://www.belldirect.co.uk/
Bennetts 0990 202090 http://www.bennetts.co.uk/
Bugdet 0800 028 9044 http://www.budgetinsurance.com/
Catterall 01254 695 055 http://www.chris-thompson.co.uk/
Churchill 0800 200 331 http://www.churchill.com
Cis 08457 464646 http://www.cis.co.uk/
CoverSure (RallySure) 01829 733 880 http://www.dmatters.co.uk/
Crowthorne Insurance 01344 771626 http://www.crowthorne.co.uk
Direct Line 0845 246 8701 http://uk.directline.com/
Elephant 0870 6080668 http://www.elephant.co.uk
Endsleigh 0800 028 3571 http://www.endsleigh.co.uk
Graham Sykes 0870 444 6319 http://www.graham-sykes.co.uk/
Greenlight 01277 263 030 http://www.greenlight-insurance.co.uk/
HIC - 08451 290 290
Hill House Hamond 01733 310899 http://www.hhh.co.uk/
Keith Michaels 0181 642 7868 http://www.keithmichaels.co.uk
Liverpool Victoria 0800 514 514 http://www.liverpoolvictoria.co.uk
More Than 0800 072 4186 http://www.morethan.com
Also performance direct and Tesco...
Time to give up on buying a Supra now... :(
So was it necessary for you to post link to all the insurance companies there. What was the purpose of that I wonder?
How about Hyperformance (http://www.allenandallengroup.co.uk/group/hyperformance.htm)?
:looney:
I know my age plays a big play into it. When I turn 21 in july I will have had 4 total clean years. I've had NO convictions, bans or anything. Totaly clean license which is quite suprising for a young lad I know lol.
I got a quote for BOTH a TT and n/a and I kid you not but even an n/a will set me bac 5 and half k!!!!
I 'unfortunatly' live in a very crappy part of manchester and that is oldham. Not the best to live believe me I know but its not like I'm leavin it on the streets. Got my own little garage near by which is alarmed and locked but to no avail! This country is getin f*in worse, can't even make decent living without them robbing you of every penny you own!!
it's disgusting. but i suppose if its stops poor 18 year old boys from killing themselves in it, then its worth it. But even then. :search:
try greenlight insurance mate
i was with greenlight, but i don't think they do imports anymore. Do they?
So was it necessary for you to post link to all the insurance companies there. What was the purpose of that I wonder?
Rather than typing out all the insurance companies on this thread (as people are suggesting all different companies), I just copied and pasted the block from this chap's website, which I have practically gone through now..
http://www.nitrous.info/modified-car-insurance.htm
i was with greenlight, but i don't think they do imports anymore. Do they?
I spoke to a top guy at Coversure (Rallysure) who basically told me they don't insure imports either and a lot of companies have also stopped (they're trying to become more and more automated).. Reasons included more expensive parts, longer lead time to obtain parts and therefore more complaining customers and more expense for hire cars. Plus of course, they simply were dealing with too many accidents and not making any money..
Best bet he said was UK Supra with no engine mods..
Maybe this is why the value of Supra's are also dropping... Very limited insurance...
And my second cousin is 26 but can get insurance on a £80k Porsche!!
Try HSBC - they did me a quote that was 25% of what my ex-insurance company asked for, and similarly lower than many import-friendly places.
One possible issue with them is that I haven't tried claiming yet (thankfully). There's always the possibility they're bar stewards when that happens.
Makes sense I insure my car where I live <cough> theft of vehicle is 13.3 but where I work Edinburgh is 63.3 don't think I will be moving from my parents for sometime :D
1.7 where I live, and amazingly my insurance went UP when I moved here :blink:
Well I think I've found the lowest I can possibly go at this stage. Put it under me mums address and comes back at £2175. It sounds a lot but for someone of my age its not bad as some people I know are getin quotes like that for clios and puntos!
I'm pleased with it for now but I got a lot to sort before I go ahead. Thanks for input and advice guys :D
Well I think I've found the lowest I can possibly go at this stage. Put it under me mums address and comes back at £2175. It sounds a lot but for someone of my age its not bad as some people I know are getin quotes like that for clios and puntos!
I'm pleased with it for now but I got a lot to sort before I go ahead. Thanks for input and advice guys :D
Who's that with?
How about Hyperformance (http://www.allenandallengroup.co.uk/group/hyperformance.htm)?
:looney:
Tried them today, but another no quote!!
cannot believe you cannot get a decent qoute, is there something your not telling us err your not stevi wonder by any chance:p
dude i got the quote from bell! whoever they are. maybe sky would match there quote??? :search:
try adrian flux i paid them 1966 with mileage of 2000 a year
im 22 with 3 points and 2 years no claims on a tt 1996 modified, although i got a better deal now with my dads trade insurance:)
cannot believe you cannot get a decent qoute, is there something your not telling us err your not stevi wonder by any chance:p
I'm not joking.. I have a squeeky clean license and not holding anything back... If I was Stevie Wonder I would have set up my own insurance company!!!
Will try Bell.. Basically it was GeordieSteve's I was trying to get insurance for... The minute they hear my age and the Supra is a modified import, they just tell me they can't quote at all!!! Including Adrian Flux and Sky???
Have you tried elephant - as long as your cars not overly modded they tend to be good.
Got my renerwal through from them yesterday and for the first time in my insuring life i was pleasently surprised, it was £100 less than getting a new quote with them! (i have age/NCB/Area on my side a little more than you though)
dude i got the quote from bell! whoever they are. maybe sky would match there quote??? :search:
No joy.. Just mentioed the single turbo and they said they could not quote!
I officially give up!
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