Insurance
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peterlightbown
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Eventually went with Aviva. excellent service for just over £400. More than £500 less than the Lockton or LV quote
When I was the 991 Register Sec I had a number of conversations with David Hamer from Locktons from the day he began their tie up with PCGB onwards. To begin with their model followed the pattern of long standing tie ups with the likes of Aston Martin and Ferrari. And as everyone here knows, you can insure them for next to nothing as they never get driven anywhere [
]. So, for a lot of the PCGB's membership with classics and lower mileage limits they are competitive for the quality of cover on offer.
The problem has been with the late models as Chubb have not been in the same ball park as Aviva (Marsh/Porsche Insurance) and others. I know they were looking at other insurers to complement Chubb but do not know if this has progressed further. However, sometimes they are surprising. Although my 991.2 is with Marsh, our Cayenne is with Locktons because they did not charge extra for my 30yr old son to be a named driver, whereas Marsh wanted to double the premium. And there is no mileage limit on that policy either.
So although most 997 and 991 owners still get a better deal from Marsh for comparable cover, it is worth getting that competitive quote as you may be surprised (unless you are Adrian!).
]. So, for a lot of the PCGB's membership with classics and lower mileage limits they are competitive for the quality of cover on offer.The problem has been with the late models as Chubb have not been in the same ball park as Aviva (Marsh/Porsche Insurance) and others. I know they were looking at other insurers to complement Chubb but do not know if this has progressed further. However, sometimes they are surprising. Although my 991.2 is with Marsh, our Cayenne is with Locktons because they did not charge extra for my 30yr old son to be a named driver, whereas Marsh wanted to double the premium. And there is no mileage limit on that policy either.
So although most 997 and 991 owners still get a better deal from Marsh for comparable cover, it is worth getting that competitive quote as you may be surprised (unless you are Adrian!).
It is indeed a pity Lockton aren't competitive for modern 911's since there is a large untapped market of 997's (the most successful 911 of all) and 991 owners out there.
After debating the problem for more than 5 years or so now, it seems unlikely Lockton is able to resolve the issue and consequently misses out on a potentially large volume of business.
It also adversely reflects on our Club, since our preferred insurer discriminates against members who use their vehicles frequently.
Regards,
Clive
After debating the problem for more than 5 years or so now, it seems unlikely Lockton is able to resolve the issue and consequently misses out on a potentially large volume of business.
It also adversely reflects on our Club, since our preferred insurer discriminates against members who use their vehicles frequently.
Regards,
Clive
Try Academy insurance. They are excellent brokers who always find the best agreed value deal for me.
Last July Manning told me they weren't offering agreed value or track day cover as Ageas were no longer offering such cover. And they wanted an increase in premium over my 21/22 policy.
I went to ClassicLine and got agreed value and track day cover for £77 less than my 21/22 policy with Manning, with the insurance placed with Ageas. The AV required me to submit six photos of the car and pay an additional £24 admin fee and CL assessed the photos and the value I placed on the car and issued the AV. It's valid for two years.
I went to ClassicLine and got agreed value and track day cover for £77 less than my 21/22 policy with Manning, with the insurance placed with Ageas. The AV required me to submit six photos of the car and pay an additional £24 admin fee and CL assessed the photos and the value I placed on the car and issued the AV. It's valid for two years.
Paul_Sue_Leggett said:
What car is it?
At the time last year PCGB weren't doing the valuations so I asked Dove House (who supplied and serviced) for a guide price for insurance purposes. I am not sure if PCGB have restarted valuations.
I wasn't bothered so much about the track day cover, although it's a useful nice to have. It was the AV I wanted and based on current prices I am glad I have it.
Mine is a 997.2 C2 with a manual box.
I wasn't bothered so much about the track day cover, although it's a useful nice to have. It was the AV I wanted and based on current prices I am glad I have it.
Mine is a 997.2 C2 with a manual box.
Paul_Sue_Leggett said:
Exact same with me, except different underwriter (KGM). Bizarre. Can only assume Manning trying to offload customers with a "story" that does not hold true.
Mark,Mark Elder said:
Mannings underwriter did indeed drop track day cover after some very large claims, they now have a typically priced per day standalone track day policy. I had to move from them at the time of my November 2021 renewal - I went to ClassicLine who were more expensive and offered only 5k miles pa on a March 2022 GT4 which mileage I managed to do in 5 months.
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