Lockton Insurance - Well Happy
- Thread starter John Sims
- Start date
jonnyporsche
PCGB Member
Have gone with Locktons this year although a bit more than my renewal from HR on the strength of agreed valuation and parked over night in the drive, which HR would only do if in the garage over night ( no room). Still waiting for my update on valuation from Steve, (6 weeks now). Please can we have valuations done within the register to lighten the load on Steve.
V Good experience with Locktons - efficient service and a price which was marginally cheaper than my prev insurer AND allowed me to keep the car on my driveway - previously not permitted, so had to garage with a neighbour.
They did require a valuation statement from my local Porsche specialist for agreed value which cost me £50, but I needed it quickly, and they accepted it no problem and with no photos required. I was impressed.
Cheers,
Geoff
They did require a valuation statement from my local Porsche specialist for agreed value which cost me £50, but I needed it quickly, and they accepted it no problem and with no photos required. I was impressed.
Cheers,
Geoff
andy watson
Moderator
So with everyone being impressed and happy, did they make a mistake with my quotation then I wonder?
Just coming off company fleet insurance and going private for the first time in over 35 years so obviously a big step and equally big savings
I am about to insure via Locktons but it was their service that sold them to me and certainly not there quote which was easily beaten by some insurers from compare website but I didn't feel confident with them too much online and not enough / any meaningful verbal discussions. Bottom line was a difference of some 30% but what price can you put on ones gut feelings and instincts
MJB
New member
Of course, the premium is only half the story. What happens when you have to claim?
A severe chip in my windscreen quickly became a crack. Lockton confirmed that they were happy for the work to be done at the OPC so this was duly carried out and the car collected one Saturday.
I emailed the bill to the insurers that weekend, had a response on the Monday morning asking where I'd like the money paid and it was in my account by Thursday, so all credit to the Club insurers for their speedy and trouble-free service.
andy watson
Moderator
Not from a compare website (that route has never worked) been with A-Plan for sometime now very happy with their service, help, efficiency and that all came about from the BMW car club.
944 man
Active member
Id say try Classicline again and speak to Cheryl Finch. I also spoke to Laura Illstone a few days ago and was happy with her too. This will be my third year with them. The first was brilliant but my renewal last year was fraught as they had a new member of staff who let down the side, but they sorted it out and have been good again this year.
I renewed with Locktons this year. I now effectively get my 944 insured for free, hurrah !
Ex Skyline
New member
So, how much exactly are these "very good" quotes then [8|]? And, how "modified" do they let you go before they start to hammer
you like all the others [8|]? Track days?, European (ahem....."Ring") cover? Why don't Locktons sign up on here and, explain
just what they will and won't insure, together with a couple of examples [8|]? My cover is now up for renewal and, I'm fed up with
al the usual "lies and Bull5h1t" churned out by the usual culprit's [8|]!!
you like all the others [8|]? Track days?, European (ahem....."Ring") cover? Why don't Locktons sign up on here and, explain
just what they will and won't insure, together with a couple of examples [8|]? My cover is now up for renewal and, I'm fed up with
al the usual "lies and Bull5h1t" churned out by the usual culprit's [8|]!!
pauljmcnulty
Active member
If they don't mind me speaking for them, as Locktons always update us at conferences. I think it would be impossible for them to use the forum, as no two cases are the same in any way.
Lockton's is a very specialised policy, and won't suit everyone. They work with the Ferrari and Aston owner's clubs, and over the years the policy has become one that offers a good compromise of extras, at a level of cost comparable with other Classic specialists, to an "average" car club member.
Of course, no one policy fits all, so you have to understand that some people won't get the quote they want. Personally, I stayed with Classicline, as Locktons extras weren't any use to me. Even so, the price wasn't massively over Classicline anyway.
With all insurers, you might have one thing that their ideal customer system rejects. It can be anything: one insurer might not like the smallest mods, another young drivers, another your postcode. There are almost infinite variables in each company's "model", so you just have to do the legwork and shop around.
Whatever advice anyone gives about their insurer being good or bad, that might well not apply to you even if, on the face of it, you are similar owners with identical cars!
There's also an argument for getting to know one of the smaller brokers, and staying loyal to them. It really helps in the event of a claim, and is the reason to avoid the larger insurers, or comparison sites, for proper cover.
Lockton's is a very specialised policy, and won't suit everyone. They work with the Ferrari and Aston owner's clubs, and over the years the policy has become one that offers a good compromise of extras, at a level of cost comparable with other Classic specialists, to an "average" car club member.
Of course, no one policy fits all, so you have to understand that some people won't get the quote they want. Personally, I stayed with Classicline, as Locktons extras weren't any use to me. Even so, the price wasn't massively over Classicline anyway.
With all insurers, you might have one thing that their ideal customer system rejects. It can be anything: one insurer might not like the smallest mods, another young drivers, another your postcode. There are almost infinite variables in each company's "model", so you just have to do the legwork and shop around.
Whatever advice anyone gives about their insurer being good or bad, that might well not apply to you even if, on the face of it, you are similar owners with identical cars!
There's also an argument for getting to know one of the smaller brokers, and staying loyal to them. It really helps in the event of a claim, and is the reason to avoid the larger insurers, or comparison sites, for proper cover.
Ex Skyline
New member
That's strange Paul. On the T4 forum's that I go on, there's two or three insurance company's that have joined. They answer
people's questions in full, put people's mind's at rest, and, in general, do themselves a lot of good by drumming up a lot of new
business. Why should it be any different on a PORSCHE forum? Or, does the old "Snobbery" factor come into play again [8|]?
people's questions in full, put people's mind's at rest, and, in general, do themselves a lot of good by drumming up a lot of new
business. Why should it be any different on a PORSCHE forum? Or, does the old "Snobbery" factor come into play again [8|]?
pauljmcnulty
Active member
I have absolutely no idea what snobbery has to do with insurance! In fact, as it's a legal requirement, it's a great leveller. Whether or not anyone chooses to use the forum is up to them, nothing snobby about it, just their personal choice.
You are sounding like you have a chip on your shoulder about the "snob" element of Porsche ownership. Relax, we're all the opposite of snobs here!
Ex Skyline
New member
Erm.....[8|], I never meant the 944 forum members being snobbish Paul, I was referring to Locktons. And yes, I guess I am
starting to get a bit of a "chip" on my shoulder actually (surely you couldn't have failed to see my very recent thread of Paranoia)
and, with very good reason I feel [8|]! I am well aware that there is NO snobbery amongst 944 owners. How could there be? Nor
any other of the Transaxle enthusiasts for that matter! I'm not going to start repeating myself Paul but, I see you have failed to
comment on my suggestion regarding "Locktons" signing up on here to answer questions and, maybe, drum up some extra
business. Or, can't they be bothered for the reason I have already implied? They ought to take a leaf out of some of the other
insurance companies books on the Volkswagen forums and try and be a bit more "friendly" and "approachable" to the general
public. That way maybe the image given off about insurance companies may improve some what.
starting to get a bit of a "chip" on my shoulder actually (surely you couldn't have failed to see my very recent thread of Paranoia)
and, with very good reason I feel [8|]! I am well aware that there is NO snobbery amongst 944 owners. How could there be? Nor
any other of the Transaxle enthusiasts for that matter! I'm not going to start repeating myself Paul but, I see you have failed to
comment on my suggestion regarding "Locktons" signing up on here to answer questions and, maybe, drum up some extra
business. Or, can't they be bothered for the reason I have already implied? They ought to take a leaf out of some of the other
insurance companies books on the Volkswagen forums and try and be a bit more "friendly" and "approachable" to the general
public. That way maybe the image given off about insurance companies may improve some what.
pauljmcnulty
Active member
Well, I fail to see why their choice not to use a forum is snobby in some way? Just their own decision. [
]
Bert Gear was the 944 technical advisor for many years, and refused to use the forum. That was because he wasn't allowed a commercial user name and signature. Not snobby, just a bit silly IMO.
Don't forget, any insurer is welcome to use the forum so long as it's not in a commercial way, and not one of the thousands choose to do so. There's got to be a reason why, and it's probably not that they're too snobby to sell to Porsche owners!
]Bert Gear was the 944 technical advisor for many years, and refused to use the forum. That was because he wasn't allowed a commercial user name and signature. Not snobby, just a bit silly IMO.
Don't forget, any insurer is welcome to use the forum so long as it's not in a commercial way, and not one of the thousands choose to do so. There's got to be a reason why, and it's probably not that they're too snobby to sell to Porsche owners!
Actually our Client Manager at Lockton's does have a log on ID here and she has had one since October 2013.
Whether or not she chooses to post is up to her, but I am sure she will be looking at this thread with interest.
Just in case I will email her the URL as a reminder.
I often feel that those that have to shout from the rooftops about their product, be it on TV, or on a forum, often aren't all that good. Best products aren't advertised, they are promoted by word of mouth. If an insurance company promotes by spending time on a forum, who pays for it? If the cost of thir product is lower, what is cut to pay for it? Unfortunately with insurance, you cannot "measure" performance particularly well other than by the experience of others in a situation you hope to never be in. Researching insurance e is a mind-numbing, time consuming occupation. Yes, if the cheapest quote is all you are after, then the savings probably justify the time. If you want a product which performs, then I am very happy to let those in the club wade through the options, and get a decent package for us, some finance for the club, and lay awake at night worrying if they have done the right thing. The quote they gave me was £20 more than my previous insurer; I reckon well spent compared to a days work ringing round to try and find someone to give me the kind of cover I want.
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