Lotus Elan

insurance renewal refused

PostPost by: checkrail » Thu Jul 14, 2022 2:29 pm

Heritage brokers cannot renew my insurance with Kinetic because my Plus 2 is my only car, I do not have the use of an 'Everyday Vehicle'. They cannot quote with any other company.
I had this problem a few years ago and after many 'phone calls came up with KInetic, I'm in my late 70's and been with Heritage years and years and always had a classic.
Called Peter James and got insured with no problems for almost the same cost as last year..

Interested to know if anyone else has had this silly situation Thanks John
checkrail
Second Gear
Second Gear
 
Posts: 116
Joined: 17 Oct 2018
Location: lincoln

PostPost by: mark030358 » Thu Jul 14, 2022 2:30 pm

Try classicline insurance...

cheers
Mark
User avatar
mark030358
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 1117
Joined: 29 May 2004
Location: Willaston, Wirral

PostPost by: UAB807F » Thu Jul 14, 2022 4:10 pm

I think the problem is that it's your only car, at that point they expect you to use it daily, or at least whenever you want to go somewhere.

We're similar ages and I don't drive anything like I used to do, Tesco delivers, the Internet sells most stuff I can't get from walking distance, etc, but I bet that was their reasoning.

Brian
User avatar
UAB807F
Fourth Gear
Fourth Gear
 
Posts: 687
Joined: 20 Dec 2010
Location: Lincolnshire

PostPost by: h20hamelan » Thu Jul 14, 2022 4:26 pm

I insure a 50cc motorbike (now electric) as my daily. £70/yr.
Born, and brought home from the hospital (no seat belt (wtf)) in a baby!
Find out where the limits are, and start from there
Love your Mother
Earth
User avatar
h20hamelan
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 1537
Joined: 25 Sep 2010
Location: RACECAR spelled backward, is——RACECAR! The Faster You Drive...The Slower You Age

PostPost by: Frogelan » Thu Jul 14, 2022 5:12 pm

I'm sure if I got into detailed discussions with my insurer, I would have a similar issue. However, here in France, insurers are reconsidering this issue as many townies no longer have cars and indeed, the insurers wish to be seen as modern thoughtful citizens.

As I commute by train/metro and hardly ever used my "modern" I decided to follow the advice of Brian Buckland along the lines of "sell this, sell that". The amount of time and money saved is tremendous...and it is invested in 26/4022.

I'm no fan of deliveries (except if something cumbersome is needed for the domestic goddess) and keep fit by doing all my shopping with my trusty 1982 Holdsworth bicycle and Ortlieb bags.
1965 Lotus Elan S2 26/4022 (originally Dutchess Lotus East, PA and NJ Area, USA)
Frogelan
Fourth Gear
Fourth Gear
 
Posts: 547
Joined: 03 Jul 2017
Location: Paris, France

PostPost by: checkrail » Thu Jul 14, 2022 7:36 pm

Brian, I presume then that your insurance company have your Lotus as your only vehicle.
Are you also with Peter James?
John
checkrail
Second Gear
Second Gear
 
Posts: 116
Joined: 17 Oct 2018
Location: lincoln

PostPost by: UAB807F » Thu Jul 14, 2022 8:11 pm

checkrail wrote:Brian, I presume then that your insurance company have your Lotus as your only vehicle.
Are you also with Peter James?
John


I'm with Heritage for the Elan & Europa and that's all they have but I also have a Cayman with Directline as my "daily". Which is rather silly because it does very little mileage these days, probably less than the combined Lotus, but it ticks the box they need.

I'm also a named driver on the wife's car which I think ticks their "not your only car" thing.

I can understand the reasoning if there's an unlimited mileage on the classic policy but if you've opted for a restricted mileage policy then I don't see how having another car makes any difference. If you've paid for 3k, 5k or whatever then that's what the risk should cover ?

Brian
User avatar
UAB807F
Fourth Gear
Fourth Gear
 
Posts: 687
Joined: 20 Dec 2010
Location: Lincolnshire

PostPost by: mbell » Thu Jul 14, 2022 8:41 pm

UAB807F wrote:If you've paid for 3k, 5k or whatever then that's what the risk should cover ?


They'd probably argue there different risk per mile.... a Sunday drive in the classic is probably seen as lower risk than commuting to work in rush hour traffic or going to the supermarket and parking in busy car park etc. If you have a daily car your likely to use it for those high risk trips most of the time, reducing the overall risk for them and allowing them to charge a lower premium.
'73 +2 130/5 RHD, now on the road and very slowly rolling though a "restoration"
mbell
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 2362
Joined: 07 Jun 2013
Location: Austin, TX (UK Ex-pat)

PostPost by: cliveyboy » Sun Jul 17, 2022 11:36 am

When I was younger I always had a classic as my only car.
Some of the (upmarket) Classic car insurers will happily insure your £1M car collection, but not your £10K classic if its your only car. Its just not the market they want.
You need to ask some of the other Classic car insurers as they specialise in different parts of the classic market such as young drivers, modified, only car etc.
I have had classics and performance cars from an early age and always got insurance. Its just down to asking the company that likes a specific type of customer or vehicle. My 3 vehicles are all insured with different companies because they are 3 very different cars.
Clive
1972 Elan Sprint FHC
cliveyboy
Fourth Gear
Fourth Gear
 
Posts: 638
Joined: 22 Sep 2003
Location: Oxfordshire UK

Total Online:

Users browsing this forum: No registered users and 4 guests