Mr S
Posted a lot
10-4 Good buddy.
Posts: 2,654
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Does anyone do such things as 6-month classic policies? I need to insure one of my beasties, but only for 6 months.... I know I could take out a 12-month policy and cancel it after 6, but I wondered if there was a 'proper' way to do it, without losing money....
Cheers, Martin
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Suzuki GSXR1000 K2
BMW R1150GS
BMW K1200RS
Chevy K5 Blazer
Chevy Suburban LT
Jaguar XKR
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Rob
Posted a lot
You know, for kids!
Posts: 2,515
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you'll find that a lot of insurers who offer classic policies only offer 12 month period AND it's a one off fee with no cancellation refund...
I assume it's because we all want 6 month policies for the summer and they like to see us bend over and take one for the team... just my opinion of course (and i WORK for an insurance company... cnuts)
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Rob
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Mar 27, 2007 10:43:58 GMT
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you can always ring them up and tell them the car is off the road so you'd like the insurance put on hold and see what they say, personally though i wouldnt like a car i had spent months or years building to be sitting about uninsured even if i wasnt using it.
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Volvo back as my main squeeze, more boost and some interior goodies on the way.
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bstardchild
Club Retro Rides Member
Posts: 14,965
Club RR Member Number: 71
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Mar 27, 2007 10:52:01 GMT
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you can always ring them up and tell them the car is off the road so you'd like the insurance put on hold and see what they say, Most don't allow this but classic policies are so cheap anyway it wouldn't be much of a saving IMHO personally though I wouldnt like a car I had spent months or years building to be sitting about uninsured even if I wasnt using it. You can get cover (off road cover) again yearly premium but the broker I use credits me for the unused period against the new on road yearly policy |
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Mar 27, 2007 11:40:45 GMT
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Limited miles works, you get the miles you need for part timing, and its covered when not in use.  |
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 it doesn't matter if it's a Morris Marina or a Toyota Celica - it's what you do with it that counts  |
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Mar 27, 2007 12:18:54 GMT
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Its so cheap why worry. Insure it with the daily with someone like footman james, putting a classic on adds only about £15 for the year, £20 if its LHD.
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1941 Wolseley Not Rod - 1956 Humber Hawk - 1957 Daimler Conquest - 1966 Buick LeSabre - 1968 Plymouth Sport Fury - 1968 Ford Galaxie - 1969 Ford Country Squire - 1969 Mercury Marquis - 1970 Morris Minor - 1970 Buick Skylark - 1970 Ford Galaxie - 1971 Ford Galaxie - 1976 Continental Mark IV - 1976 Ford Capri - 1994 Ford Fiesta
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Mr S
Posted a lot
10-4 Good buddy.
Posts: 2,654
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Mar 27, 2007 13:45:04 GMT
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The problem is this:
The car that is currently on the classic policy (Merc 420SEL - the policy's about to expire) ideally needs to replace the Rangie and become the daily driver. I can't swap my daily policy over, as they won't cover the Merc and it's only halfway through - cancelling it would mean losing 6 months no-claims and a load of cash.
Insuring the Merc as my daily on a new policy would obviously cost more than insuring it as a classic and I'd only have 1-years no-claims to put towards it (my other 4 years are on the daily policy - the Rangie) which would make it crazy expensive (£800+)
So I'm a bit stuck!
The only thing I can think of is to insure the Merc as a classic again, making sure I can swap the daily to the classic policy when it's insurance runs out and insure that one as the daily then.... Just hope I can find a classic policy with a high enough 'limited mileage' clause for what I need!!
Guess I've just given myself a feasible solution then!
Cheers, Martin
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Last Edit: Mar 27, 2007 13:46:16 GMT by Mr S
Suzuki GSXR1000 K2
BMW R1150GS
BMW K1200RS
Chevy K5 Blazer
Chevy Suburban LT
Jaguar XKR
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bstardchild
Club Retro Rides Member
Posts: 14,965
Club RR Member Number: 71
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Mar 27, 2007 14:00:57 GMT
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The problem is this: The car that is currently on the classic policy (Merc 420SEL - the policy's about to expire) ideally needs to replace the Rangie and become the daily driver. I can't swap my daily policy over, as they won't cover the Merc and it's only halfway through - cancelling it would mean losing 6 months no-claims and a load of cash. Ahh Insuring the Merc as my daily on a new policy would obviously cost more than insuring it as a classic and I'd only have 1-years no-claims to put towards it (my other 4 years are on the daily policy - the Rangie) which would make it crazy expensive (£800+) Classic policies don't accumulate or require NCD So I'm a bit stuck! The only thing I can think of is to insure the Merc as a classic again, making sure I can swap the daily to the classic policy when it's insurance runs out and insure that one as the daily then.... Just hope I can find a classic policy with a high enough 'limited mileage' clause for what I need!! You need one car on a daily proper policy to get classic insurance IRC - after all a classic policy is normally to cover a second car for limited agreed miles Guess I've just given myself a feasible solution then! Cheers, Martin You might have but I'm now confused!!  |
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Mar 27, 2007 14:07:06 GMT
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I keep hearing this thing about having to have a daily insured car to get a classic - where did that start?!
My mate has FOUR 2CVs on cover with Footman James and owns no other cars. He pays less than £200 a year as well...
I will soon have four classics insured with FJ too - never have they ever stated that I need to have a modern car insured seperately. In fact, my cars are all covered for business use and the 2CV is on unlimited mileage.
Where is gets complicated is due to the 2CV and H Van (once I add it ) being on my 2CV Club insurance policy (hence the unlimited mileage). I can't add the Metro/VP to this policy so I'll have to take out a seperate policy to cover those. That will be limited mileage. Pants. Can't find an associated car club that covers both of those cars (I welcome any suggestions though!)
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1986 Citroen 2CV Dolly Other things. Check out my Blog for the latest! www.hubnut.org |
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Mar 27, 2007 14:17:41 GMT
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Someone just shot the elephant in the room. |
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Mar 27, 2007 14:27:05 GMT
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Hmm, i might have two old machines to insure next time, might check FJ on that.  |
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it doesn't matter if it's a Morris Marina or a Toyota Celica - it's what you do with it that counts |
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Mr S
Posted a lot
10-4 Good buddy.
Posts: 2,654
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Mar 27, 2007 14:51:13 GMT
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bstardchild>> Basically the Rangie will have to stay on the regular policy (I still have and use it, just not as much as my Mrs drives the SEL, hence the need to swap policies) until that policy runs out (October time). In the meantime, the Merc will be reinsured on a classic policy. When the Rangie's policy runs out, the Rangie will be swapped onto the classic policy leaving the Merc with no insurance. So I then insure the Merc as my daily driver once again, making the world a better place  Or so goes the theory.... I can't see any problems with that as such...? Incidentally, my current classic policy, with Graham Sykes says nothing about the classic being a second car. It just states that 'the car must not be a normal everyday vehicle'. Interesting to note about FJ - might have to give them a shout come renewal time. I have all my bikes on one (classic) policy with Carole Nash, have used Footman James in the past though. Will definately give them a call! Cheers, Martin |
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Suzuki GSXR1000 K2
BMW R1150GS
BMW K1200RS
Chevy K5 Blazer
Chevy Suburban LT
Jaguar XKR
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bstardchild
Club Retro Rides Member
Posts: 14,965
Club RR Member Number: 71
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Mar 27, 2007 15:32:46 GMT
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bstardchild>> Basically the Rangie will have to stay on the regular policy (I still have and use it, just not as much as my Mrs drives the SEL, hence the need to swap policies) until that policy runs out (October time). In the meantime, the Merc will be reinsured on a classic policy. When the Rangie's policy runs out, the Rangie will be swapped onto the classic policy leaving the Merc with no insurance. So I then insure the Merc as my daily driver once again, making the world a better place Or so goes the theory.... I can't see any problems with that as such...? OK got it - having a blonde day!!! ;D Incidentally, my current classic policy, with Graham Sykes says nothing about the classic being a second car. It just states that 'the car must not be a normal everyday vehicle'. And for it to be that....... Kinda infers you need another car/policy But you could be right - I've just always had at least one car on a normal policy after all if you have everything on classics policies with no NCB for 3 years whatever NCB you had on a normal policy is gone foreverI hope people realise that ^ |
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