I'm having real problems insuring my 1994 Clubman TD, it is currently insured on a "mainstream" policy and i am obviously keen to get it on a classic policy with an agreed valuation.
I have phoned around a few companies today (Footman James & Adrian Flux to name a couple) and they are unable to quote me at all.
They said loosely it may be due to the fact it is not 20 years old until May this year, but couldn't definitely give me a reason why it can't be covered on this type of policy.
Daveyboy had similar probelms back in 2009:
http://maestro.org.uk/forums/showthr...ssic+insurance
The fact the car has been prominently on display at the NEC Classic Car Show in November last year on the club stand, prompted the girl to contact the underwriters to get a second opinion but it changed nothing.
For insurance purposes i would value it at about £2000 however with my mainstream policy it will only honour "market value" - which on this bread and butter model will only be peanuts i fear.
Never had a problem insuring " MG EFi's, my Vanden Plas - it seems at present there is no one willing to stick their neck out and insure these basic models.
There was one underwriter (highway) who was prepared to insure it on a classic policy (for £700!) but they were not prepared to offer an agreed valuation.
So my question is will anything change in May when the car turns 20? Has anybody else faced this frustrating situation? - If so what was the outcome?
How can i move forward with this?
I have phoned around a few companies today (Footman James & Adrian Flux to name a couple) and they are unable to quote me at all.
They said loosely it may be due to the fact it is not 20 years old until May this year, but couldn't definitely give me a reason why it can't be covered on this type of policy.
Daveyboy had similar probelms back in 2009:
http://maestro.org.uk/forums/showthr...ssic+insurance
The fact the car has been prominently on display at the NEC Classic Car Show in November last year on the club stand, prompted the girl to contact the underwriters to get a second opinion but it changed nothing.
For insurance purposes i would value it at about £2000 however with my mainstream policy it will only honour "market value" - which on this bread and butter model will only be peanuts i fear.
Never had a problem insuring " MG EFi's, my Vanden Plas - it seems at present there is no one willing to stick their neck out and insure these basic models.
There was one underwriter (highway) who was prepared to insure it on a classic policy (for £700!) but they were not prepared to offer an agreed valuation.
So my question is will anything change in May when the car turns 20? Has anybody else faced this frustrating situation? - If so what was the outcome?
How can i move forward with this?
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