Mod effect on insurance

For help finding/discussion about good insurance rates.

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Mod effect on insurance

Postby bunglin » Thu 03.05.2007, 14:03

Hi

What are peoples experience of mods on their Elan's insurance quotes.

I have in the past had companies quote a reasonable figure - but then refuse insurance just because my elan has an aftermarket dump valve fitted.

Last years premium was under Footman James which came in about £450 for me and GF.

I have just obtained some quotes through money supermarket that are coming in at between £250 and £300 fully comp for the following details

Main Driver - Male 32, married, no points, 4 years NCB, garaged, 6000 miles per year.
Second Driver - Female 43, no points

Obviously this price doesnt include the mods - and I have a feeling that i`ll be refused by most of them when I declare. I am tempted to have them removed unless my FJ renewal quote comes in a bit lower.

Any thoughts?
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Postby ailwyn » Thu 03.05.2007, 21:09

The mainstream insurers are not interested in modded cars, so likely will decline you insurance.

The classic car insurers should be able to give you a quote or there are insurance companies that specialise in performance cars - these would be your best bets.

A.
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Postby Monty » Thu 03.05.2007, 23:50

Classic line are very good with mods, i`ve declared things like Wilwood brakes, rollbar, Dump valve etc at no extra cost but anything on performance will cost extra. They also cover me on Trackdays at no extra cost as long as it`s with Lotus On Track. There very good on quotes too and beat FJ hands down.

Down side is my windscreen is only covered up to a max £500 :?

I was after Break down cover for europe and since i`m already with RAC i was quoted £45 just for that one trip. Rang classic line and they`ve do it for £35 for a full year which covers my car for the UK too :smt023
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Postby Rambo » Fri 04.05.2007, 07:06

Monty wrote:Dump valve


Didn't know you had one of those on Pinky Monty ? Must be a quiet one !!

Monty wrote:I was after Break down cover for europe and since i'm already with RAC i was quoted £45 just for that one trip. Rang classic line and they've do it for £35 for a full year which covers my car for the UK too :smt023


Get the silver fox to stump up and it'll only cost you £17.50 !! :lol:
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Postby John_W » Fri 04.05.2007, 08:23

Rambo wrote:Get the silver fox to stump up and it'll only cost you £17.50 !! :lol:
:agree:
Or he gets to walk home. :rally: (Not that you're going to need the breakdown cover anyway :wink: )

Have fun in France.

*********************

And as to the subject of the thread, I'm with ClassicLine also with all mods declared. It was about 25% more expensive than my previous company without the mods, so I reckoned it was worth it.

I can understand paying more for having an Everest chip fitted, but I couldn't understand my previous insurers wanting to charge me extra because I'd fitted better brakes (Wilwoods). :wtf:

John
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Postby Monty » Fri 04.05.2007, 10:48

Rambo wrote:
Monty wrote:Dump valve


Didn't know you had one of those on Pinky Monty ? Must be a quiet one !!

Monty wrote:I was after Break down cover for europe and since i'm already with RAC i was quoted £45 just for that one trip. Rang classic line and they've do it for £35 for a full year which covers my car for the UK too :smt023


Get the silver fox to stump up and it'll only cost you £17.50 !! :lol:


Yep, got a Baileys DV30 IIRC i had this on pinky1 :? bought it of ebay. It certainly isn`t quite but it`s ethier that or the listen to the fluttering noise from the turbo :?

Can`t really complain at Dico, he`s paying half to fuel (except the track) ferry, hotels. Obviously i`m paying for the trackday.

Back to the Mod`s on insurance, also told them about the AVO dampers, Peco exhaust, samco hoses and S2 wheels
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Postby Enright » Fri 04.05.2007, 10:51

You have "go faster" hoses?!? :? :lol:
Striking fear into the hearts of duplicate posts everywhere...! :P

BCingU,
Neil ;-)
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Postby Dico » Fri 04.05.2007, 15:19

The Silver fox gave Murph a good deal at the Nurburg ring ;-)
4+ hours stuck in a damp bucket seat with a mad Irishman at the wheel - Deep joy!!!!
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Postby Gazza » Sat 05.05.2007, 18:56

John

I was always told that with better brakes, you tend to drive faster. :roll:

So putting up your insurance.

UP THE HAMMERS!!!!!!!!!!!!!!!!!!!!! Staying up :D
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Hayward & Scott 2.5" exhaust.
Red AP brakes & Nitron adjustable suspension.
SOLD

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