Enthusiast car insurance?

[Lankytim]

I know this question has been asked about a billion times before, but are there any cheap policies out there that will enable me to drive any vehicle I fancy? Like motor traders, but for a shite enthusiast. 

 

I'm about to renew the insurance on my XM (which is in for it's MOT and may/may not be fooked) and the best I can find is a fully comp policy that will enable me to drive any other motor with the owners permission.

 

I could do with something that lets me to buy/swap old bangers at will.

[plasticvandan]

Insurancers and dvladont really see a difference between shite swapping and motor trading...

[richardmorris]

Difficult, the best perhaps you can look for is a policy that has a zero or low admin fee for swapping cars.

[Lankytim]

Looks like i'm sticking with a policy for normal people then!

[Stanky]

I know Swi*tcover let you switch it to a different car for free, if you do it online. Takes seconds to do and is pretty handy, but its only a 1:1 swap so you need a policy per car is the only downside, no (simple) way to add and subtract cars.

[richardmorris]

Actually, perhaps you should check with Mr DW. He seems to have the attention span /car retaining abilities of, well somone with so many cars to choose from and so little time.

[purplebargeken]

Peter James insurance were pretty good for adding cars to the main policy for not very much. 

[dave21478]

This annoys me. 

You can get a special policy for this, for that or for the next thing, but NOBODY does a basic, no frills universal car insurance policy.

 

If somebody did a policy that covered up to say five cars at a time, third party only, no frills, realising that only one can be driven at a time, allowed regular changing of those cars with no penalty, all done online for a premium of a few hundred quid, I would be first in line to sign up.

 

Instead, I have to fuck about with four different policies, four different levels of NCB and four times the paperwork headache - for what?they are all third party only and I can still only drive one bastard at a time.

[fairkens]

This annoys me.

You can get a special policy for this, for that or for the next thing, but NOBODY does a basic, no frills universal car insurance policy.

 

If somebody did a policy that covered up to say five cars at a time, third party only, no frills, realising that only one can be driven at a time, allowed regular changing of those cars with no penalty, all done online for a premium of a few hundred quid, I would be first in line to sign up.

 

Instead, I have to fuck about with four different policies, four different levels of NCB and four times the paperwork headache - for what?they are all third party only and I can still only drive on bastard at a time.

The thing is in motor insurance terms that is asking for the moon on a stick, there will be policies out there where you can do that but they will cost a hell of lot more than a few hundred quid. The risk algorithm would go mental, you might only be driving one car at a time but it could be a metro or it could be a CSL bee em, and they would never know until it's too late

 

Eta you could try hegarty but you won't like the price

[dave21478]

But if its third party only, it doesnt matter what I am driving.... Whether I am crashing an old Metro or a Veyron doesnt really make a difference to what I crash into.

[fairkens]

It will make difference to the speed you crash at, whether you kill or merely catastrophically injure someone

[Pillock]

It also increases your chance of crashing, statistically, if you're in a faster car.

[fairkens]

It's all stats and algorithms, they may be bollocks when applied to each of us individually but the data that goes into them is sound, otherwise the industry would be fucked - well more than it is already

[dave21478]

I am just as likely to mow down a load of pedestrians in a cheap car as I am in an expensive car.

 

Lets ignore the metro and veyron comparisons and think about it in the real world - If I had a five car policy I would probably have a 4x4 of some kind, an mx5, a fiesta xr2, and a couple of other mediocre autoshite cars - whilst the performance of each will vary wildly, in the real world there is no ACTUAL difference to the damage I would cause in an accident. Whether its dinging someones door in a car-park or barrel rolling it through someones living room window, the damage bill is going to be the same regardless of which car I was driving.

[Lankytim]

Surely they could quote for the veyron and the marina, metro and chevette could be covered free, i.e just quote for the highest risk vehicle. As has been said, you can only drive one at a time.

[vulgalour]

@Dave: The mistake you've made there is assuming it's possible to do an insurance risk assessment on a person-by-person basis.  Algorithms and whatnot are there because it's the only real way to manage the system affordably for the provider and so they stand some chance of making some dosh.  Doesn't make it any less annoying, but there you go.

 

I'd just like a policy that doesn't cost me £1000+ for basic cover - I don't need misfuel, key cover, Euro cover and so on - which will allow me to affordably swap a second car in and out if I need to.  This has so far proved impossible, though my basic policy on a single car has tumbled dramatically from three years ago so it's not all bad.

 

So yes, I'm after much the same as lankytim is and without going the trade route which is quite pricey I haven't been able to find a sensible option.  Admiral's multicar came closest, something like £20 to swap a second car in and out, but the premium was about twice that of any other insurer once I got past my first year license and NCB.

[Dave_Q]

This annoys me. 

You can get a special policy for this, for that or for the next thing, but NOBODY does a basic, no frills universal car insurance policy.

 

If somebody did a policy that covered up to say five cars at a time, third party only, no frills, realising that only one can be driven at a time, allowed regular changing of those cars with no penalty, all done online for a premium of a few hundred quid, I would be first in line to sign up.

 

Instead, I have to fuck about with four different policies, four different levels of NCB and four times the paperwork headache - for what?they are all third party only and I can still only drive one bastard at a time.

 

This is what I had previously on a trade policy.

 

I paid in the region of £700 a year for third party only cover on any vehicle up to a value of £5000, up to 4 personal cars and unlimited 'sale' cars. Easy to add or remove cars from the MID on t'internet.

 

Things to note - they will sell the policy to pretty much anyone but if you ever had to claim you'd need to prove you were a trader. I suppose regular shitehawks that change cars a few times a year could blag it, nobody said you had to make a profit?

 

Also when I switched back to a civilian policy, nowhere would accept my 6 years no claims.

[skattrd]

One of the reasons I switched from FJ to PJ was administration fees, £15 with Peter James.

[cort16]

The trade insurance lot are total shite hawks as they want business cards, website addresses and receipts to prove you're trading but don't chase you for it. . Just don't expect them to pay out if you have a bump.

It's just not worth the hassle especially if you're running your daily on the policy. I was always shiteing it incase I bumped someone. It also invalidates your ncb .

[Richard]

 

If somebody did a policy that covered up to say five cars at a time, third party only, no frills, realising that only one can be driven at a time, allowed regular changing of those cars with no penalty, all done online for a premium of a few hundred quid, I would be first in line to sign up.

 

This is exactly how motorcycle insurance worked until about 20 years ago. Bike insurance groups were by cc and the premium was based on your biggest bike.

[fairkens]

Sounds like there might be a gap in the market for "Autoshite Insurance Services". Who wants to invest?

 

I don't think we'll have any* problem getting FCA/PRA approval...

[the judge]

I used a part time trader policy for years. 2 yrs on and 1 off to protect ncb.

I know what everyone is saying,you can only drive one at a time,so why cant they just quote for the highest grouped motor??? If you are driving a 900cc car,surely they win? As long as no other drivers etc cant see the problem

[dollywobbler]

Actually, perhaps you should check with Mr DW. He seems to have the attention span /car retaining abilities of, well somone with so many cars to choose from and so little time.

 

I just end up forking out £15 every time I change cars. Cheaper than a trader policy, but still a pain in the arse.

[rainagain]

I used a part time trader policy for years. 2 yrs on and 1 off to protect ncb.

I know what everyone is saying,you can only drive one at a time,so why cant they just quote for the highest grouped motor??? If you are driving a 900cc car,surely they win? As long as no other drivers etc cant see the problem

 

Yep agree 100%, just quote for the highest grouped car, you can only drive one at a time. My fav is you can only use your NCB for one policy as obviously you forget how to drive when you start a second policy. However is you have an accident on the second policy it affects the first, cake and eating it come to mind.