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  • Insurance

    What sort of price are you all paying for insurance? Admiral, who I've been with for 11 years, want to up my premium by 50% at renewal, which doesn't please me much....
    Jim

  • #2
    580 with need to insure, have they said why it's gone up so much.

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    • #3
      a lot will be to do with the value,especially if you have an agreed value in place then expect it to cost a fortune,when an insurance company could replace an entire car for £25k it wasnt too bad,nowadays though if they are going to have to pay out 50-60k or more then the premium will obviously reflect that,even a small repair would cost them a whole lot more if its even possible with lack of panels/parts and the costs of them,i suppose you cant have it both ways,the car increases in value but so does the premium :-(

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      • #4
        The appreciation on your car every year will more the cover the insurance I’m sure

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        • #5
          400 something with Need2insure

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          • #6
            Well, I have agreed value of £75k on it with Admiral. Last year it was £99.12, this year they wanted £179.30, but reduced it to £150.16 when I moaned. Yes, seems cheap, but the risk to them is pretty much nil, as I don't actually use the car - still only done 19k miles since I bought it new in 1994! The £150.16 seems reasonable, but I can't see why an increase of over 50% can be justifiable, no change in circumstances, 29 years NCB. I *hate* insurance companies with a vengeance!
            Jim

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            • #7
              Due next week, £318 on a heavily modified 550 hp car. No agreed value though. With N2i

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              • #8
                Originally posted by spiritof'76 View Post
                Due next week, £318 on a heavily modified 550 hp car. No agreed value though. With N2i
                I think that's decent on a heavily modified car.
                Jim

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                • #9
                  Think mine is circa £340 with N2I - renewed couple months ago.

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