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brauneKatze
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Car Insurance

Postby brauneKatze » Mon, 20 Jun 2011 11:24 pm

Anyone knows what is best for performance cars? Im currently on NTUC and the premiums are on the high side, hence looking at other alternatives.

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carteki
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Postby carteki » Tue, 21 Jun 2011 1:12 pm

Have you actually bothered to do a search of the different companies yourself? There are a number of comparison web-sites that do the job at the click of a button...

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Postby ScoobyDoes » Tue, 21 Jun 2011 5:18 pm

I actually got the best deal out of NTUC....... and they were one of the few that would even insure my car in the first place.

If you DO manage to get a better offer anywhere, take it back to NTUC and they should even be able to match it. They did for me, anyway, last year but this year I couldn't even get any better.

The rest is determined by your meaning of 'performance' ;)
'When Lewis Hamilton wins a race he has to thank Vodafone whereas in my day I used to chase the crumpet. I know which era I'd rather race in.'

SIR Stirling Moss OBE

brauneKatze
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Postby brauneKatze » Tue, 21 Jun 2011 7:14 pm

carteki wrote:Have you actually bothered to do a search of the different companies yourself? There are a number of comparison web-sites that do the job at the click of a button...


Thanks pal, still on the lookout. Eyes up.

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Postby brauneKatze » Tue, 21 Jun 2011 7:16 pm

ScoobyDoes wrote:I actually got the best deal out of NTUC....... and they were one of the few that would even insure my car in the first place.

If you DO manage to get a better offer anywhere, take it back to NTUC and they should even be able to match it. They did for me, anyway, last year but this year I couldn't even get any better.

The rest is determined by your meaning of 'performance' ;)


Just got a quotation from NTUC today, not good at all but will keep a lookout for the others.

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Postby QRM » Tue, 21 Jun 2011 7:40 pm

Make sure "acts of gods" are covered a couple of people have been stuffed with the recent spates of flooding.

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Postby brauneKatze » Tue, 21 Jun 2011 8:29 pm

QRM wrote:Make sure "acts of gods" are covered a couple of people have been stuffed with the recent spates of flooding.


And not to mention upgrades, even change of rims will void the the insurance contract as far as one particular company is concerned, I was told.

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Postby ScoobyDoes » Wed, 22 Jun 2011 2:05 pm

Upgrades do have to be mentioned for coverage to be calculated, and all have to be within LTA rules so if you've done the exhaust, for example, it will need a compliance certificate.

If you've got a Rex, TypeR or Evo type thing then you'll be under tougher scrutiny and there are a lot of insurance companies just walk away at the first mention. If you say 'Turbo' as in my case, many also simply say 'Oh, we don't cover turbo models' even though these days the meaning has changed a lot. Now you can get a humble 1.2L or 1.4L Polo/Golf with a turbo since it's no longer just kept for the Rex or Evo brigade. Just makes things tougher and i think it was Royal Sun that refused even to offer me.

This is partially why I've stuck to NTUC, I've been able to negotiate quite a lot and they've been quite fair. I can give you the email to guys that got a good price for me last year, that I then used to re-negotiate with NTUC and they matched.



There were huge arguments in the UK over the winter about changing to winter/snow tyres and how some insurance companies were cancelling policies based on the same 'upgrade' rules. It didn't seem to matter too much to many of them that the upgrade was a safety enhancement but equally, quite a few people successfully argued their cases.
'When Lewis Hamilton wins a race he has to thank Vodafone whereas in my day I used to chase the crumpet. I know which era I'd rather race in.'



SIR Stirling Moss OBE

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Postby QRM » Wed, 22 Jun 2011 2:42 pm

Dont be fooled by this new for old policy for cars less than 2 years old, just found out it only applies if your car was involved in an accident (flooding does not apply) its a total write off, and the insurance company can claim the new car cost off a third party.

brauneKatze
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Postby brauneKatze » Thu, 23 Jun 2011 4:37 pm

ScoobyDoes wrote:Upgrades do have to be mentioned for coverage to be calculated, and all have to be within LTA rules so if you've done the exhaust, for example, it will need a compliance certificate.

If you've got a Rex, TypeR or Evo type thing then you'll be under tougher scrutiny and there are a lot of insurance companies just walk away at the first mention. If you say 'Turbo' as in my case, many also simply say 'Oh, we don't cover turbo models' even though these days the meaning has changed a lot. Now you can get a humble 1.2L or 1.4L Polo/Golf with a turbo since it's no longer just kept for the Rex or Evo brigade. Just makes things tougher and i think it was Royal Sun that refused even to offer me.

This is partially why I've stuck to NTUC, I've been able to negotiate quite a lot and they've been quite fair. I can give you the email to guys that got a good price for me last year, that I then used to re-negotiate with NTUC and they matched.



There were huge arguments in the UK over the winter about changing to winter/snow tyres and how some insurance companies were cancelling policies based on the same 'upgrade' rules. It didn't seem to matter too much to many of them that the upgrade was a safety enhancement but equally, quite a few people successfully argued their cases.




Thanks pal, will do further digging for a decent quote :)


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