Classic insurance uk 2024
9 posts
• Page 1 of 1
Morning all
I’m well aware of the massive hikes in insurance costs over the last couple of years for everyday motoring. I’m interested to know if people have experienced the same inflation with Classic Insurance.
My renewal with RH has arrived and has increased 20% this year to be £240, for a 3000 mile restriction in a £40k agreed cover, including breakdown cover.
How does this compare with anyone else ?
Thanks
Richard
I’m well aware of the massive hikes in insurance costs over the last couple of years for everyday motoring. I’m interested to know if people have experienced the same inflation with Classic Insurance.
My renewal with RH has arrived and has increased 20% this year to be £240, for a 3000 mile restriction in a £40k agreed cover, including breakdown cover.
How does this compare with anyone else ?
Thanks
Richard
Richard
'72 Sprint
'72 Sprint
- richardcox_lotus
- Coveted Fifth Gear
- Posts: 1362
- Joined: 11 Jul 2004
Richard, the renewal for my Sprint recently came through from Haggerty, similar value/mileage to yours. It has risen by £44.29 to £322.43
I have a couple of weeks now to ring around for comparisons.
Tim
I have a couple of weeks now to ring around for comparisons.
Tim
Visit www.lotuselansprint.com
-
trw99 - Coveted Fifth Gear
- Posts: 3277
- Joined: 31 Dec 2003
I use RH as well Richard, and have done so for a few years now. My policy went up 20% this year as well, to £425, but that is insuring 2 cars with them. Even at that price, I find their policy pretty good, as it includes breakdown in this country and abroad, and the dreaded salvage retention without deduction, should the worst happen.
Of course, you only find out just how good your insurer is should the worst happen.
Leslie
Of course, you only find out just how good your insurer is should the worst happen.
Leslie
- 512BB
- Coveted Fifth Gear
- Posts: 1136
- Joined: 24 Jan 2008
My RH went down to £170 after I dropped my value to £12,000 from £20,000. I have a 4,000 mile limit though I don't usually reach 3,000. I also have 'recovery' but should cancel it as my wife's insurance covers it,
Meg
26/4088 1965 S1½ Old and scruffy but in perfect working order; the car too.
________________Put your money where your mouse is, click on "Support LotusElan.net" below.
26/4088 1965 S1½ Old and scruffy but in perfect working order; the car too.
________________Put your money where your mouse is, click on "Support LotusElan.net" below.
-
Quart Meg Miles - Coveted Fifth Gear
- Posts: 1278
- Joined: 03 Oct 2012
'My RH went down to £170 after I dropped my value to £12,000 from £20,000'
That does not sound like a very sensible thing to have done to me. What sort of Elan are you going to be able to purchase for £12k in the event of a write off? Certainly not a road going one, or any one.
Leslie
That does not sound like a very sensible thing to have done to me. What sort of Elan are you going to be able to purchase for £12k in the event of a write off? Certainly not a road going one, or any one.
Leslie
- 512BB
- Coveted Fifth Gear
- Posts: 1136
- Joined: 24 Jan 2008
512BB wrote:'My RH went down to £170 after I dropped my value to £12,000 from £20,000'
That does not sound like a very sensible thing to have done to me. What sort of Elan are you going to be able to purchase for £12k in the event of a write off? Certainly not a road going one, or any one.
Leslie
Apart from a couple of areas requiring remedial work the bodywork has not had any attention since I bought it in 1969 so is well marked. The mileage is very high, nearly 300,000 miles, and I have done nearly all the work myself so there is no record of professional maintenance. The galvanised chassis was fitted, by St Wilkins, in 1990 and is fine and so are the side-frames that I replaced at about the same time; otherwise only machining has been done elsewhere.
What would you pay for such a car?
Meg
26/4088 1965 S1½ Old and scruffy but in perfect working order; the car too.
________________Put your money where your mouse is, click on "Support LotusElan.net" below.
26/4088 1965 S1½ Old and scruffy but in perfect working order; the car too.
________________Put your money where your mouse is, click on "Support LotusElan.net" below.
-
Quart Meg Miles - Coveted Fifth Gear
- Posts: 1278
- Joined: 03 Oct 2012
Quart Meg Miles wrote:What would you pay for such a car?
Imo it's not what you would pay for your car. It's how much you need to buy a replacement. Your unlikely to find a car like yours for sale, so how much does the nearest car cost?
I suspect you need a chunk more than 12k to buy a working elan.
'73 +2 130/5 RHD, now on the road and very slowly rolling though a "restoration"
- mbell
- Coveted Fifth Gear
- Posts: 2714
- Joined: 07 Jun 2013
9 posts
• Page 1 of 1
Total Online:
Users browsing this forum: No registered users and 7 guests