Just wondering as a novice to the club and multi vehicle ownership if any member has advice on Individual V. "Joint car" policies .
Would one type be preferred for limited mileage cover if that exists for 21st. Century cars?
I would want to cover a car at fairly short notice if a sale was agreed.
Regards & Thanks.
I rang my current insurer (they insure my car and my wife's under one policy, each car having a different main driver) and they matched my NCB on the MR2.
Limited mileage policy at 4K miles, but may increase it at renewal
@Cambria449 My experience would suggest that you would be looking for something different to my two car two drivers policy, not least because it is with SAGA.
Your age, location, driving record and No Claims Bonus will be factors in determining your premium.
On line comparison sites, A Plan a local shop based / telephone insurers offer a similar comparator service. And of course Chris Knott our Affiliate:
https://www.mr2roc.org/forum/index.php?msg=838678
Thanks gents - looks like I'll need to put in a bit of research time as I haven't previously used comparison sites . Maybe I've been a little traditional considering my usual car and house renewals. This extra "hobby motor" is a bit of a departure really and wonder what value to give when asked ?
I shall enquire about the 2 driver option and also try the local 'A' shop .
As long as you know all the details about the car you are thinking of buying (any modifications or deviations from standard particularly), I would enter them into money supermarket shortly before you visit to see the car and this will give you loads of quotes (usually!). You can then decide your preferred one and if you go ahead with the purchase then go online and accept and pay for your chosen policy. This does not rely on having to wait for an employee to take your call and complete your purchase and I think would be quicker.
Dont forget that you would have to tax it too before you could drive it home and you can do that online if you have the V5 I believe. As part of the process of taxing online, they check the insurance database so you are relying on the insurance you buy being updated straightaway or the tax may not be issued. You can go to a post office but you will have no paper insurance documents to show to tax it.
Research will be required, particularly if the car is a long way away.
With regard to the value, just put the highest price you have seen for that year. They will only pay out market value but if you have valued it £1k below market value, that is all they will pay out. I doubt it affects the premium as its not an "agreed value".
The mileage you put down for the year may not affect the premium much but you can research this on money supermarket to see the effect on your premium by changing the annual mileage.
I wouldnt bother with multi car until you have both cars as its just more hassle right now.
If you intend modifying it you need to ask each company. Some companies seem to tolerate nothing.
Just as a side note, I would imagine the car is already insured and taxed by its old keeper until you purchase it. So taxing is not a problem, I no wasn't a problem for me so in the past iv just rung ins company to tell them to insure from now,when you have agreed to buy it. I was lucky with my 2 as the guy drove it to my house after his " goodbye" drive as he didn't really want it to go at viewing day, so a few days later at an agreed time he arrived, we had a chat n coffee while I did bank transfer so was great, then we drove him home. Perfect transaction all round. I taxed and insured at my leasure cos it was off road parked so I could shop around. Went with 1st central with all the trimmings in the end as they all came as free compared to some bog std quotes.
Quote from: Mr2paul on November 21, 2020, 16:53Just as a side note, I would imagine the car is already insured and taxed by its old keeper until you purchase it. So taxing is not a problem, I no wasn't a problem for me so in the past iv just rung ins company to tell them to insure from now,when you have agreed to buy it. I was lucky with my 2 as the guy drove it to my house after his " goodbye" drive as he didn't really want it to go at viewing day, so a few days later at an agreed time he arrived, we had a chat n coffee while I did bank transfer so was great, then we drove him home. Perfect transaction all round. I taxed and insured at my leasure cos it was off road parked so I could shop around. Went with 1st central with all the trimmings in the end as they all came as free compared to some bog std quotes.
Tax or SORN - Parked off road is irrelevant; "Thems the rules". ;)
Quote from: Cambria449 on November 20, 2020, 21:38Just wondering as a novice to the club and multi vehicle ownership if any member has advice on Individual V. "Joint car" policies .
Would one type be preferred for limited mileage cover if that exists for 21st. Century cars?
I would want to cover a car at fairly short notice if a sale was agreed.
Regards & Thanks.
I get a really good deal from Saga for my 320d M Sport but Churchill were half the price on a 6k per year policy with my 2.(age 53 with 15 years plus NCB)
I bought my current daily the Saturday before the March lockdown announcement and used Cuvva for a couple of days to get it taxed and drive it home while I sorted out the full time insurance.
It probably added £20 to the overall price of the insurance but my multi car policy with Admiral was still the best value once I'd sorted everything out and it's still the best for my 2.
My best price for a 2 was something in the region of £175.
That was bone stock a long time ago in a galaxy far far away.
Quote from: Call the midlife! on November 21, 2020, 18:41I bought my current daily the Saturday before the March lockdown announcement and used Cuvva for a couple of days to get it taxed and drive it home while I sorted out the full time insurance.
It probably added £20 to the overall price of the insurance but my multi car policy with Admiral was still the best value once I'd sorted everything out and it's still the best for my 2.
I've not heard of "Cuvva" previously, my insurance is due again in January and so I will do what I usually do, look at recommendations, such as Cuvva , keep the begging letters that I seem to attract from insurance companies at this time of year, shuffle through them, try some, do a compare the market search, compare with my renewal, check the attractive ones and make a decision.
My own and others past experience is also applied in the elimination process.
Fortunately I do have time available to do this.
I am seldom loyal as insurance is such a moving market that there is seemingly always someone that wants your business more.
The problem of course is that you don't know what service you will get until you use them. And you really don't want to do that!
What other product or service works that way?
Quote from: Joesson on November 21, 2020, 19:52Quote from: Call the midlife! on November 21, 2020, 18:41I bought my current daily the Saturday before the March lockdown announcement and used Cuvva for a couple of days to get it taxed and drive it home while I sorted out the full time insurance.
It probably added £20 to the overall price of the insurance but my multi car policy with Admiral was still the best value once I'd sorted everything out and it's still the best for my 2.
I've not heard of "Cuvva" previously, my insurance is due again in January and so I will do what I usually do, look at recommendations, such as Cuvva , keep the begging letters that I seem to attract from insurance companies at this time of year, shuffle through them, try some, do a compare the market search, compare with my renewal, check the attractive ones and make a decision.
My own and others past experience is also applied in the elimination process.
Fortunately I do have time available to do this.
I am seldom loyal as insurance is such a moving market that there is seemingly always someone that wants your business more.
The problem of course is that you don't know what service you will get until you use them. And you really don't want to do that!
What other product or service works that way?
Cuvva works through an app once you've registered, it's more for temporary/emergency insurance for driving another car for a limited period or getting new purchases home etc.
Quote from: Call the midlife! on November 21, 2020, 19:57Quote from: Joesson on November 21, 2020, 19:52Quote from: Call the midlife! on November 21, 2020, 18:41I bought my current daily the Saturday before the March lockdown announcement and used Cuvva for a couple of days to get it taxed and drive it home while I sorted out the full time insurance.
It probably added £20 to the overall price of the insurance but my multi car policy with Admiral was still the best value once I'd sorted everything out and it's still the best for my 2.
I've not heard of "Cuvva" previously, my insurance is due again in January and so I will do what I usually do, look at recommendations, such as Cuvva , keep the begging letters that I seem to attract from insurance companies at this time of year, shuffle through them, try some, do a compare the market search, compare with my renewal, check the attractive ones and make a decision.
My own and others past experience is also applied in the elimination process.
Fortunately I do have time available to do this.
I am seldom loyal as insurance is such a moving market that there is seemingly always someone that wants your business more.
The problem of course is that you don't know what service you will get until you use them. And you really don't want to do that!
What other product or service works that way?
Cuvva works through an app once you've registered, it's more for temporary/emergency insurance for driving another car for a limited period or getting new purchases home etc.
Maybe not right for me then, but will keep the name for future reference. Could have done with something like that last Xmas when our son visited from the US.
I keep details of hire car insurance for similar reason, there's four when they visit and Mrs J and I make it six with luggage and as you know there's so little luggage space in a 2.
I've just shifted back over to Admiral after 4 years with Adrian Flux.
Admiral wouldn't do multi car policies for under 30s when I got the MR2. Adrian Flux have hovered around the £700 mark for both cars (with the MR2 on a fixed 5000 miles cover) but wanted £50 odd to swap over to the Golf for less than one month before renewal.
So went to Admiral who have insured both cars for under £600, staggered start (Golf December, Mini January) and it means that all three are insured for a short while at least.
It does seem best to try your current insurer first, or at least to get both on one new policy so they mirror any NCB or offer an equivalent discount.
Wow - Many thanks for such a wide-ranging response - I shall follow up these ideas as there is still time to research before Travel & Try time.
Afraid I'd completely forgotten the dreaded road tax and a possible SORN element too.
Initial plan is for a standard 2 and keep an open mind on mods later.
The range of advice and detail offered is very confidence-inspiring which seems typical of members' helpfulness. Cheers !
I'd advise against multi-car policies as they don't offer the savings they suggest and the alignment of renewal ddats is financially painful.I found it cheaper to insure the MR2 completely separately and as such I'm accruing NCB on it as well as my main car.
One tip I always share is to buy insurance via a cashback site such as Quidco as the returns can be generous (often £50+).
Quote from: LeRich on November 22, 2020, 22:31I'd advise against multi-car policies as they don't offer the savings they suggest and the alignment of renewal ddats is financially painful.I found it cheaper to insure the MR2 completely separately and as such I'm accruing NCB on it as well as my main car.
One tip I always share is to buy insurance via a cashback site such as Quidco as the returns can be generous (often £50+).
New too me will look into it
Quote from: LeRich on November 22, 2020, 22:31I'd advise against multi-car policies as they don't offer the savings they suggest and the alignment of renewal ddats is financially painful.I found it cheaper to insure the MR2 completely separately and as such I'm accruing NCB on it as well as my main car.
One tip I always share is to buy insurance via a cashback site such as Quidco as the returns can be generous (often £50+).
Horses for courses then as I couldn't get both under £700, separately. What I did about 3 years ago was to start saving 56.25 in a savings account every month.
My current renewal date is 2 January (horrendous timing after Christmas), the new one on the joint policy will be 12 December (horrendous timing before Christmas). But by accruing a pot of £675 every year before it's due, I've got a target figure to negotiate them down to and I never pay any finance charges.
Quidco is a good heads up for those not using it, I'm hopefully getting another £44 back for the Admiral joint policy this year
Hi.
Please feel free to give us a try for multi car insurance if you wish.
Regards,
Dan.