Insurance

[Kenny m]

Hi looking for advice on insurance. So the car has passed IVA and still is at Struans some work to be done onit and painting but I'm told I will need to get insurance now . I have never insured a Stratos before or any other kit car so looking advise , insurance companies recommended, what I need to know to tell them etc. Salvage, agreed value etc. Any help would be much appreciated as I'm new to this. I dont even insure our own cars Jayne does that.

[Ken Tomblin]

Hi Kenny

I use Hagety 0333 323 1181 value ?65000, RAC breakdown, renewal is ?337.00
If this helps

[Longtimefan]

Kenny, I used to use Classic Line but they became, in my opinion, somewhat expensive, so a couple of years ago moved to Footman James who were easy to deal with and much more sensibly priced.

I am aware that there are at least 3 Strato's replica insured through them, so they have the advantage of knowing the cars. You will probable need an Agreed Valuation Letter, and such an item can be issued on you behalf that satisfies the requirement by our Chairman, Norman as an official of the Club.

Robin

Started off with Adrian Flux for Build Insurance, but when it was complete I needed to shop around.

[LPH_UK]

I'm with Classic Line last year it was ?470 at an agreed value of ?70k.

Due in June so will shop around when it's up for renewal.

[Normb666]

Yo Kenny, yeah, insurance can be a tricky one. It seems to be different for everyone, even with the same insurer! So your best bet is to ring around and get a few quotes ("we will fight them on the beaches", "I have in my hand a piece of paper that guarantees peace in our time" and, that perennial fave, "what could possibly go wrong?"). I've just re-insured mine through MSM, so give them a call and mention me and the SEC and they'll probably turn you down flat. The guy there is Dave Spragg who's well up on Strat reps so at least he'll know what you're talking about! 01279 870535, to save you looking it up.
Some will require a Cat 1 alarm, some a tracker (I've got one from Autotrac, which costs a fiver a month), and if they want a valuation, giz a shout and I'm sure we can sort something that values your shiny new Strat at ?35K. ;)

By the way, you may find your valuation is somewhat higher than you expect - I think Leigh's is far too low - and your premium will reflect that figure....

[Kenny m]

Thankyou for the replies, I may have to ask you a few more questions but am not well today. So will be in touch. Kenny

[Guy Mayers]

Hope you're feeling better soon Kenny! I'm with Hagerty, renewal was ?360 odd but I updated the value to ?60k and it hit ?575. I've renewed but might shop around next year. I have heard others say Hagerty won't insure every car, some recent registrations might not be considered classics yet!

Guy

[StruanR]

Adrian Flux charged me ?281 this year for ?50k cover. Probably need to up that.

[StruanR]

Why do we get ? for a pound symbol?!

[renmure]

I'm under ?255 for an agreed value of ?130k with Footman James and 3k miles
They seemed pretty clued up about these type of cars.
Might need to up the valuation when the renewal comes round and, by the looks of it, lower the miles.

[Longtimefan]

I'm under ?255 for an agreed value

Jim, you are lucky. From my enquiries as to why quotations are somewhat expensive for my location, your postcode I am told is classed as one of the lowest risk areas in the land, and therefore premiums are somewhat less.

[Steve65]

Last month I changed from Classic Line to Adrian Flux saving ?40 on their renewal quote. ?195 for ?40k build insurance.

[renmure]

Jim, you are lucky. From my enquiries as to why quotations are somewhat expensive for my location, your postcode I am told is classed as one of the lowest risk areas in the land, and therefore premiums are somewhat less.

That's simply because we've nothing worth nicking!! :D

[Stratos Fear]

Last month I changed from Classic Line to Adrian Flux saving ?40 on their renewal quote.[/COLOR]]

I would echo Steve's comment. My insurance is up for renewal and I've got an opportunity to save 50 quid by making a switch from Classic Line to Footman James - with the exact same underwriter as before - Ageas . (quote was ?368)

[DAN@ADRIAN FLUX]

Hi.
Do please feel free to give us a try for insurance of you haven't done so already.
Regards,
Dan.

[Kenny m]

Thankyou again to everyone who has replied regarding insurance your comments are very much appreciated. I will be shortly calling around for quotes . I may need to contact one or two of you again but thankyou for the private information forwarded to me.