This years insurance :o

[Keith]

Not true. It's all about tracking your driving patterns.

No it's not. Yet.

There is no direct comparison with road insurance issues between the UK and USA. Most if not all of the 'tracking' software is to do with theft recovery, but they have been toying with the idea of road pricing for some time, and this will be a major issue in the years to come. Quite simply, we are almost at gridlock.

Behavioural driving is a bit further down the road but it's essentially the same software.

Brett is quite correct 90% of the high value cars do not go to 'chop shops' as in the USA but into containers within hours and shipped to the Middle East and Russia.

We also have a massive 'Twocking' problem which is not so much vehicle theft (an attempt to permanently deprive the rightful owner of his poroperty) but 'Taking Without Owners Consent' or 'Joyriding' as it used to be.

This is a far bigger problem in the UK where 1 vehicle is stolen every 34 seconds.

This is the list of most stolen vehicles in the UK.

1) Ford Transit
2) Vauxhall Astra
3) Ford Fiesta
4) Volkswagen Golf
5) Vauxhall Corsa
6) BMW 3 Series
7) Ford Focus
8) Mercedes-Benz Sprinter
9) Ford Mondeo
10) Honda Civic


Only one could be said to be a possible stolen-to-order item. The rest are youngsters cars, workmens vehicles with high dollar tools and equipment, or just plain easy to steal to get home after the last bus has gone.

And if you think that acerbic comments concerning the habits and customs of another country during a general discussion is valid Mr Beer, I would point out that the insurance premiums in the UK also rose exponentially with the introduction of that quaint American custom of punitive litigation following a minor road shunt, backed by thousands of barely qualified ambulance chasing 'contingency' lawyers, of whom, I am quite sure you are very familiar in your own back yard.

I get whiplash just thinking about it.

I would also pose you a question: Why is it that US trucking companies refused to fit anti jacknife hardware to their trucks for many many years even though it was cheaply available?

 

[Jason Winter]

I used to fit Trackers for a living many years ago. I seem to recal the system was called Low Jack in the US

 

[Nick]

And if you think that acerbic comments concerning the habits and customs of another country during a general discussion is valid Mr Beer, I would point out that the insurance premiums in the UK also rose exponentially with the introduction of that quaint American custom of punitive litigation following a minor road shunt, backed by thousands of barely qualified ambulance chasing 'contingency' lawyers, of whom, I am quite sure you are very familiar in your own back yard.

I get whiplash just thinking about it.

I agree,

Plus we British learn from history, look what happened when a group did stand up for their liberty and formed a trade union, i.e. the Tolpuddle Martyrs .

They got transported of to colonise Australia and were branded communists. Although of course due to public and trade union support, and the fact they had committed no wrong they were allowed home and only the real criminals were left.

Perhaps it is time the British were revolting again.

 

[Brett James-McCall]

No it's not. Yet.


This is the list of most stolen vehicles in the UK.

1) Ford Transit
2) Vauxhall Astra
3) Ford Fiesta
4) Volkswagen Golf
5) Vauxhall Corsa
6) BMW 3 Series
7) Ford Focus
8) Mercedes-Benz Sprinter
9) Ford Mondeo
10) Honda Civic


Only one could be said to be a possible stolen-to-order item. The rest are youngsters cars, workmens vehicles with high dollar tools and equipment, or just plain easy to steal to get home after the last bus has gone.?

Keith,
I thin you will find a few things.

Of the cars that are brocken into, they tend to be the the older variant type.

Newer cars are practically impossible to 'hotwire' etc. Hence the increase in burglaries, where nothin is taken... but the car keys; or even 'fishing'.

My dad's next door neighbour is now a retired senior policeman and he was telling him about a time they caught someone with a 21ft hook pole managing to get the keys off someone's kitchen table at the other end of the house via the letterbox! Note: don't leave your keys in easy sight!

It's becoming more common to load and lift as well...

 

[Nick]

Keith,
I thin you will find a few things.

Of the cars that are brocken into, they tend to be the the older variant type.

Newer cars are practically impossible to 'hotwire' etc. Hence the increase in burglaries, where nothin is taken... but the car keys; or even 'fishing'.

My dad's next door neighbour is now a retired senior policeman and he was telling him about a time they caught someone with a 21ft hook pole managing to get the keys off someone's kitchen table at the other end of the house via the letterbox! Note: don't leave your keys in easy sight!

It's becoming more common to load and lift as well...

Or more worrying break into houses and force the occupants to hand over the keys.

 

[Seymour Snerd]

Maybe you can get a discount on your homeowners insurance if you agree to put a webcam in your bedroom.....

I already did that, but nobody will give me a discount.

 

[Mike Drew]

I used to fit Trackers for a living many years ago. I seem to recal the system was called Low Jack in the US

Ah, THAT kind of tracker! Totally different kettle of fish! Lojack is good stuff!

Yes, a vehicle monitoring system that is activated when the car is stolen and leads the cops straight to the crooks is a good thing indeed, and although I wouldn't argue that insurers have the right to jack up your rates if you DON'T fit one, I would certainly argue that you would be entitled to a discount from the normal rates if you chose to spend your hard-earned to have one installed.

Since we have started having behavior-based pricing based on monitoring systems over here in the USA, I thought that was the kind of 'tracker' you were referring to. Thanks for the clarification.

Former = :thumbsup:

Latter = profoundly :evil:

 

[Seymour Snerd]

Ah, THAT kind of tracker!
Former = :thumbsup:

Friend of mine in LA bought a "pre-owned" NSX once; drove it happily for years and one day it was stolen from right in front of the bar he was drinking in. He assumed it was gone for good but reported the theft anyway of course. Next day the police called and said "we have your NSX; want it back?"

Turns out that to the owner's surprise, it had a LoJack.

 

[Keith]

Or more worrying break into houses and force the occupants to hand over the keys.

Or the latest and most worrying: lightly rear ending a lone woman shocked:! )with a Rangie (for example) and violently removing same.

There is so much insurance fraud these days, I am hardly surprised at the premiums. We are also encouraged to claim whenever possible on the slightest whim, which does not exactly imbue one with a sense of value if your high dollar goods can be replaced with a simple phone call, and worringly insurance companies will often settle a claim without even referring to the policy holder.

I have always thought that because vehicle insurance is mandatory, then it should NOT be run by self interest private enterprise but by the State which demands it be in force. Private enterprise was fine when public transport was a viable option and Honest Joe roamed the earth, people walked everywhere, sidestepped the dog shit and didn't get killed on a bike going around the corner for a packet of fags. Now, due to years of profiteering decentralisatio,n everybody travels somewhere all the time and car ownership has become an economic necessity.

Cue Corporate Greed.

 

[Keith]

Perhaps it is time the British were revolting again.

I have never stopped revolting! (Or being same) but I absolutely agree - trouble is, I don't really like anyone enough to form a revolting mass, so I am pretty much stuck with revolting solo and far from being recognised as a seasoned and experienced revolter I am tagged with the rather desperate "Grumpy Old Git" label and that just doesn't fly these days... :thumbsdown:

 

[Brett James-McCall]

So back on the original topic slightly. As I see the end in sight to my house modificatins and maybe, just maybe get to work on the car again to get it in a basic state to go to IVA. Can people give an indication of what they pay on their cars in the UK?

I'd assume it would be value, mileage per year, age of driver and bhp dependent?

 

[Ian Anderson]

Brett
Mine runs from June
Last year was about £300 with Classic Line
I have 4 drivers covered and can add more for £20 each admiin fee. (Self, Wife, Brother in Law and Desmond)
This also includes full Europe breakdown cover
Also includes Track Day cover
Agreed Value of £25k (This needs to be proved by a valuation from a specialist and Frank Catt did mine and needs done every 2 years)
Excess is £250
Excess when on track £2500

 

[Brett James-McCall]

I assume that's Fully Comp Ian?

 

When my eldest son now 25 had his BMW 1 series he had insurance that was pay by the mile, the insurance co. had a tracker fitted at their cost and he paid low rate during the day and a higher rate after 10pm.
It actually worked out about 40% cheaper.. But 1 year later they did away with the system. Obviously didn't make them enough profit.
My neighbours son is 21 and got a quote for a Nissan GTR . Best he could get was
£23k on 3000 miles usage. He's still got his Fiesta.

The only advantage to being old or older is a better rate, but dont pay the fee they first say play a game with them I did and got a lot off.
" Thieves in suits is what they are "

 

[Ian Anderson]

I assume that's Fully Comp Ian?

Brett

Correct Fully comp and 3000 miles per year - this can be increased to 6000 miles at any time for £50

Ian

 

[Mark]

UK Guys, I use Chubb Masterpiece.
They cover both my partner and I to drive anything owned by anyone fully comp (with their permission of course), plus our own vehicles (obviously), DB9, V8 Vantage, 2x 911s, and when it was road-worthy, the P4, all for just over £2K per year. Plus that covered anyone to drive our cars fully comp (with our permission). No age limits either! I always thought that was a fair deal. PM me if you want the contact deatils.

 

[Chris Simpson]

My insurance renewal with Hagerty has gone up to over £800 for the coming year with just me driving (with an unblemished record) for up to 1500 miles.

Many thanks to those who have contributed with suggestions for insurance companies offering more reasonable quotes.

I think part of the trouble is that some insurers just don't understand the world of GT40s. It is the same with insurers in the aviation world of light aircraft where they have no idea of what it it is all about. Incidently, I have never heard of any GT40 in the UK having an accident unless it was a real one and it was on the race track.

Chris

 

[RichardH]

Yes Chris - Quote from Adrian Flux - "most replica/kit cars are valued at less than £10K" .

Or am I being unrealistic saying mine is worth £40K?

 

[Keith]

My insurance renewal with Hagerty has gone up to over £800 for the coming year with just me driving (with an unblemished record) for up to 1500 miles.

Many thanks to those who have contributed with suggestions for insurance companies offering more reasonable quotes.

I think part of the trouble is that some insurers just don't understand the world of GT40s. It is the same with insurers in the aviation world of light aircraft where they have no idea of what it it is all about. Incidently, I have never heard of any GT40 in the UK having an accident unless it was a real one and it was on the race track.

Chris

Simon Winter?

 

[David]

Yes Chris - Quote from Adrian Flux - "most replica/kit cars are valued at less than £10K" .

Or am I being unrealistic saying mine is worth £40K?

Overall I'd think they're right. The vast majority of 'replicas' however are of the 7/locost and AC Cobra style followed by kit cars like the Quantums, Duttons etc which are 'proper' cars rather than replicas. Those are cheap to start with, a basic Caterham is only £15k new.

GT40's (and some other similar replicas) are almost all custom parts without a 'single' donor, even the cheapest cost a significant amount and take a long while to build. This is reflected in the prices and availability, just take a look a PH classifieds, two cars at >30k. Compare to AC Cobras and there are 4 pages of them!

The very cheapest complete road going GT40 I've seen was an old KVA which looked tatty, it was up for £15k.

Without knowing 'your' car I couldn't give a value but I wouldn't think it unreasonable to insure for 40k or even more, a friend learnt to her cost that the 'estimated' value is actually all the insurance company will pay out for. Values went up and she ended up unable to buy an equivalent bike for the money she got.