Lockton Performance insurance: worth it?

[vitesse]

Have you tried Norton Insurance-ie Classic Line?

 

[tjb]

Don’t bother they are far too expensive and don’t tailor their insurance for normal non track use but have all these add-ons that are pointless if you are not tracking. We obtained quotes from them when we bought our first Boxster 981 and a couple of more times including when we bought the GTS and their premium was circa £700 +, we insured with Porsche Insurance for around the £200 mark, and although we could get a lot cheaper through comparison sites we have stuck with them since 2013.

 

[911hillclimber]

Thought I would try Lockton's for my Boxster insurance today by getting an on-line quote.

The on-line form does not work, just 2 fields that won't allow any input, Named Driver and normal driver names.
I find this kind of thing really frustrating, and treat it as a measure of the business I'm dealing with.

Are these people worth it/
I'm with LV at the moment and ready to allow another year with them.
I don't do track days etc, but would like another quote as a benchmark.

Oddly, The Post Office have quoted me 1/2 the LV cost!

 

[911hillclimber]

The comments are most welcome, thank you both.

My Boxster is a simple bog standard 987.2 / 2.9, used for trip here and there, and a few euro tours, nothing exciting!

I think I'll simply stick with LV, lazy, but changing insurers is a bit of a hassle as today has shown me with Locktons.

 

[911hillclimber]

Just had an On-Line quote from Porsche Insurance..

2 x LV's quote.

I'll stick with LV.

 

[Motorhead]

Graham,

You might want to contact ClassicLine who are Porsche insurance specialists. Apart from track days their quote will also include full UK and European breakdown cover, which considering your planned European trip could be to your advantage, and they will also accept a PCGB valuation.

I’ve been with them for quite a few years and have been very happy with their service, including the settlement of a claim after sustaining damage from impact with a kamikaze cat!

Jeff

 

[911hillclimber]

Thank you, I'll give them a go as see!

 

[Wollemi]

Lockton may often work out more expensive, than normal "high street insurers", but where they do come into their own is if you need to make a claim, and then they really look after you.

You may think that it will never happen to you, so go for the cheapest option; but sometimes you get unlucky - it did happen to me and then I was very happy indeed that I'd paid the money for a top quality insurer like Lockton.

 

[AndrewCS]

it did happen to me and then I was very happy that I paid the money for a top quality insurer.

Us too, total loss to both vehicles involved ... LV were superb

 

[farleton]

I have a 987 v2. I don’t track so just need a normal road policy. I have an Admiral multi cover policy with the platinum cover for the house and contents and pncb policies for two cars. The cover, for the cars, includes three named drivers, 5,000 miles p.a. Voluntary excess of £250, social domestic and pleasure. The premium for the Boxster this year was £240. The premium for my Skoda Fabia was £25 more. I have been with Admiral for 4 years. I have claims experience with them when someone backed into the Boxster. They were very efficient. The car was picked up, expertly repaired and delivered back. Because they immediately disclosed that they insured the offending driver they treated me as a third party claimant which meant that instead of an Aygo loan car I had a l.w.b Jaguar XJ From Enterprise again delivered to my door. I have been told that the reason that the Boxster is cheaper than the Skoda is that they insure many more Skodas than Porsches. The discounts that they offer for insuring multiple cars and the house are substantial. i have a classic 1977 2CV. I found that a specialist classic car insurer was much cheaper than Admiral even with guaranteed value.

 

[911hillclimber]

After some tom-foolery filling in the Classic Line form, they cannot quote me because the car is of a 'Specialist nature, please telephone'.

a few day ago I tried Go Compare.

Simple form.

Got 20+ quotes inside of 1 minute.

This is a bog standard Boxster for heaven's sake.

I don't like Multi policy cover as we have found better cover by shopping around for, say, house insurance that was less cover and cheaper under a multi policy.

I'll make 2 phone calls tomorrow to find out why my little 987.2 lowest power car is so special.

 

[laura]

I have my 981S insured with Lockton - it's quite expensive because I do a lot of miles and I'm old!! They probably didn't need you to put the additional driver info in as the policy not only covers you for any car fully comprehensive but also covers any other driver over 35 on your car. The service is excellent - you have an account manager so you talk to someone who knows you. The breakdown cover is excellent very prompt and adaptable.

 

[Bigcol]

My first year of Porsche ownership was with Lockton using the club membership discount. Yes the service and value appeared second to none. Quotes for far less cover on other sites were much more expensive than Lockton.

When the second year quote came through, the premium was half as much again as the first year. My neighbour suggested Hastings. Yes not as much cover but I have all I need. I now have a 1 year old Boxster GTS 4.0 and a new Mecan S both insured for just over half the price of the Lockton quote.

 

[Briggy]

Having been round this loop recently, the following might help.

I had problems entering my details with Locktons. Tech support replied and said "If you hover over the Blue '+' symbol for the relevant section it should display a submenu which says 'Add new', click this and you can add the required details. If you still struggle please give me a call on 0121 232 4537 and I will complete the form over the phone."

Also like you, I had problems with Classic Line. In my case, the "specialist nature" was because I wanted to limit to 8,000 miles per year, but their maximum is 5,000. Of course you have to call them to find this out.

I wanted track day cover, hence why I chose Locktons. As it turned out, all PCGB track days had gone, so that was a waste of time. Anyway, the other major reason was that Locktons will allow any repair to use genuine Porsche original parts. They were the only insurer I could find that did that. The others will technically allow it, but you have to pay the difference between the parts they want you to use and the cost of Porsche original parts. A final benefit is that I can drive any car (that's not hired to me or owned by) fully comp. So if someone hands me the keys to their car and invites me to go for a blast in it, I'm covered - fully comp.

You pay your money, you take your choice.

 

[AndrewCS]

I have never used any on-line process to obtain any form of insurance as I (you) can not get everything accommodated / answered correctly ... you have to talk to them at some point, so why not first off

Over the years I have used some excellent companies & brokers, always answering within four `rings` (a written standard for some) and able to sort matters quickly. Am currently using ClassicLine and Marsh Commercial ... first class

Disappointing companies have been Locktons - ManningUK - Marsh (non commercial) plus whoever it was that took over the Porsche insurance scheme from Marsh ?

 

[kitchens]

Disappointing companies have been Locktons - ManningUK - Marsh (non commercial) plus whoever it was that took over the Porsche insurance scheme from Marsh ?

It was Aviva private clients ..i have been with Aviva on a multi policy for years now a find them great to deal with and competitive 2 x Porsches a 981 and 987 Spyder and daily Kia Nero under £800 believe it or not for some strange reason the Spyder is the cheapest my a mile and twice the value of the others..dont know how they work premiums out.

Tried the ones mentioned and they where so far out not worth saying by how much ££££££££££££££££

 

[Motorhead]

Anyway, the other major reason was that Locktons will allow any repair to use genuine Porsche original parts. They were the only insurer I could find that did that. The others will technically allow it, but you have to pay the difference between the parts they want you to use and the cost of Porsche original parts.

Not true in the case of ClassicLine Bryan. As mentioned in my previous post the front PU, grille and ducting were replaced with genuine Porsche items as per the quotation at no additional cost and I was able to choose my own (Porsche Recommended) repairer as well, although their own repairer happened to be an Aston Martin approved repairer, so not too shabby.

Jeff

 

[Briggy]

Anyway, the other major reason was that Locktons will allow any repair to use genuine Porsche original parts. They were the only insurer I could find that did that. The others will technically allow it, but you have to pay the difference between the parts they want you to use and the cost of Porsche original parts.

Not true in the case of ClassicLine Bryan. As mentioned in my previous post the front PU, grille and ducting were replaced with genuine Porsche items as per the quotation at no additional cost and I was able to choose my own (Porsche Recommended) repairer as well, although their own repairer happened to be an Aston Martin approved repairer, so not too shabby.

Jeff

That's a fair point Jeff. I can see why my comment implied that Locktons are the only ones who do this, but I meant that most don't. If Classic Line do, then fair enough.

 

[Motorhead]

Thanks for the clarification Bryan. Many years ago before moving to a specialist insurer when I was looking for track day cover I noted that my then general insurer had a clause stating that non-Porsche parts could be used for repairs … another reason for moving away from them! So yes, it’s always important to read insurers’ T&Cs and to be sure that you’re comparing apples with apples as well.

Jeff