Insurance
for an RV8, is age a problem?
Peter Best spotted the V8 Bulletin Board thread launched by
Robert Kerr seeking help from fellow members with their experience
with insuring an RV8 in the UK, particularly when you are an
older driver, and he contacted the V8 Webmaster with his helpful
advice.
Posted: 10.7.10 |
Robert
Kerr posted a note on the V8 Bulletin Board on Friday
9th July saying "I am seriously thinking of
jacking it in from Kuwait next year when I shall
be 66. My MGBV8 is back to being a project in the
UK (re-shelling now) although still insured with
Lancaster. I intend to purchase an MG RV8 to use
at least until the B is back on the road or longer.
Has anyone good experiences insuring these cars
when over 65 or 70 even? I shall need an 'agreed
value' and European cover. In the case of a total
loss I would like to retain the bits for salvage.
Then again any really bad experiences?
Both Mike Taylor and Hugh Boddington responded recommending
Peter Best Insurance Services with Hugh saying "I
have been with them ten years insuring my two MGs
and a modern car. I am 76 and age does not appear
a problem to them." Ian Quarrington added "PBIS
insure all our cars all with agreed value and all
with a very good and proper comprehensive policy.
Very good service and highly competitive and I am
just 50!"
Victor Smith noted a report was published on the
V8 Website in December 2008 based on an exercise
where a couple of members obtained comparative quotes
from the leading insurance brokers offering cover
for MGBGTV8s and RV8s. The report also covered the
claims experience from the relatively few members
who have needed to make a claim as a consequence
of an accident or other insurable event. The
detailed reports of the comparative quotes set out
clearly the scope of cover obtained from each of
the brokers. Victor recommended "calling three
brokers and discuss the questions you have raised
- you will find limited mileage -agreed value cover
is available at competitive prices and, as Hugh
Boddington mentions, age is not a barrier. The insurers
have recognised that owners of classic cars like
MGV8s look after their cars, cover modest annual
mileages and have a good claims record as a group.
See
our MGV8 insurance report
Nigel Ricardo added "I am not quite as old
as you, but when we moved back from France in January
I found Adrian Flux to be the most competitive.
They covered my BMW 1 Series M Sport(LHD) and RV8
at the best quote I could find."
Peter Best spotted the V8 Bulletin Board thread
launched by Robert Kerr seeking help from fellow
members with their experience with insuring an RV8
in the UK, particularly when you are an older driver,
and he contacted the V8 Webmaster with his helpful
advice saying "PBIS will
be delighted to help Robert on his return to UK.
We insure a goodly percentage of RV8s and am pleased
that we have high retention figures. As you know
we have European cover, Euro Roadside Assistance
and Recovery, agreed value, a nil glass excess etc
and our insurers Ecclesiastical have an excellent
claims reputation. Officially we go to age 79 these
days but depending on circumstances we will go higher!"
So we have encouraged Robert to give Matthew Best
a call on Monday morning on 01621 840400. |
|
|
