Roffle INN-SHEWE-RUNCE, what do multi-chod Shiteer's do?

[vaughant]

Just wondering how the multichod owners go about insuring their MOTAZZZZ, chop and change or traders policy etc?

Fancying getting back into the buying and selling game, I'm tempted to go with trade but had a nasty experience a few years back with it, I also noticed at the time they were wanting invoices/parts evidence/accounts etc.

That's not totally impossible for me as I m a ltd company anyway but if there's an easier way then I'm in.

Not really sure how these multicar things work, I tried one before but it kept saying I could only nominate my ncb to one car, I may have totally missed the point but I thought it meant you insured multiple cars from your built up ncb at a relatively reduced rate? Didn't really see the point t'otherwise?

The other way I suppose is to just ring up as and when you change daily duties paying a £25 admin fee or the like?

Amy thoughts welcome.

[vaughant]

ANY thoughts welcome 😩😩😩😩

[Junkman]

Pay through our noses.

[Kiltox]

Trade here but then I am actually so

[Craig the Princess]

One car on an every day policy, insurance for the rest. We used to have trade but didn't have the turnover to justify it.

[SiC]

Be warned that Tesco (which I think is rebranded RAC) insurance only allow 3 car changes in a year. I suspect others do the same.

 

Day insurance can be had pretty easily nowadays, but doesn't get around the fact you can't leave cars taxed but uninsured. Well not supposed to...

[PiperCub]

Used to use Admiral for many years for multicar stuff. No real issues until the last time when they tried to stitch me up on the price. 

[Barry Cade]

Same issues here , multi car isn't really any cheaper and with 2 bigger motors with 2x£295 tax it's getting a bit silly. Keeping 3 cars and a bike taxed and insured isn't feasible any more. Somethings gotta give. Can't bring myself to make the decision though.

[DodgyBastard]

I just drive without insurance, it's free.

[New POD]

Same issues here , multi car isn't really any cheaper and with 2 bigger motors with 2x£295 tax it's getting a bit silly. Keeping 3 cars and a bike taxed and insured isn't feasible any more. Somethings gotta give. Can't bring myself to make the decision though.

 

There are 4 solutions to not having enough money to pursue your dreams.  

 

The first is to find a way to live on less, and have less expensive dreams and be very sensible and cost conscious.

 

The second is to find a way to earn more, so you can do what the feck you like, if you want.

 

The third involves credit cards

 

and the 4th is theft.

 

Typically Engineers and School teachers and nurses, choose option 1,

 

Entrepreneurs, and the self employed try option 2,

 

Most other people in the UK choose option 3

 

And ebay scammers and politicians choose option 4

 

 

I reckon you must be an engineering type ?

[New POD]

I just drive without insurance, it's free.

 

Does the number plate making machine not cost you money ?

[They_all_do_that_sir]

3 policies here, main car (£££), XM on limited mileage (££) and bike on its own policy (£)

 

To be fair insurance isnt the worst bill. It feels the worst because it's a big lump sum and you've only a scrap of paper to show for it. I guess RFL is worse as you dont even get a disc anymore.

 

Diesel and petrol is the biggest expense but you at least get something out of it. Plus you spread the cost over the year. Still annoying how little of the forecourt cost is actual product and not tax though.

 

Sent from my VF695 using Tapatalk

[vaughant]

Trade here but then I am actually so

Think this maybe the best option as you are then covered for everything. I was with the Bollington group for years and they were great, only ever had one (non fault) claim and they paid out instantly, hire van the lot.

Then at a renewal about 3 years later they refused to give me a quote and wanted to see an absolute mountain of paperwork to prove trading (had previously just been moving 5/6 cars a year through my hands, profit or usually loss, as long as dvla showed logbook changes) and despite me doing so in a pretty cobbled together way they refused a quote point blank.

Went with fresh insurance then (biggest pile of shite company ever) who kept widening the goalposts, took my money but didn't update mid database, nearly lost my car after being stopped on the m6 whilst travelling down from Aberdeen, then they claimed they'd received no paperwork and cancelled the insurance. All despite me proving everything was sent via email, worst company I've ever dealt with.

Anyway, lesson learnt!!!

Who do you go with now Kiltox?

I'm a vat regd Ltd company so invoices etc are no bother.

[Split_Pin]

Computer says no on multi car policies for me as 2 out of the 4 are modified a fair bit. I just shop around as much as possible for the 2 that are standard and if it's under £20 a month and has a reasonable excess, I don't lose any sleep over it.

[AMC Rebel]

I have 2 policies with Aviva for the Discovery and whatever other daily is current - presently Sierraman's Dad's old Mondeo.  I get a (pitifully small) discount for >1 car.

 

Totally separate crassic policy for the AMC - about £120 a year with a 5 k miles limit (Ha! - 500 more like).

[dome]

I have 2 loads of no claims built up over the years which helps. BMW is on my main policy and Locost is on a classic/kit car policy for £160 or so. 

When I got the Freelander it ended up on Multicar policy with Esure. I just kept that policy rolling over the Jag and now the Clio and it's been pretty cheap to swap over. 

[Kiltox]

Think this maybe the best option as you are then covered for everything. I was with the Bollington group for years and they were great, only ever had one (non fault) claim and they paid out instantly, hire van the lot.

Then at a renewal about 3 years later they refused to give me a quote and wanted to see an absolute mountain of paperwork to prove trading (had previously just been moving 5/6 cars a year through my hands, profit or usually loss, as long as dvla showed logbook changes) and despite me doing so in a pretty cobbled together way they refused a quote point blank.

Went with fresh insurance then (biggest pile of shite company ever) who kept widening the goalposts, took my money but didn't update mid database, nearly lost my car after being stopped on the m6 whilst travelling down from Aberdeen, then they claimed they'd received no paperwork and cancelled the insurance. All despite me proving everything was sent via email, worst company I've ever dealt with.

Anyway, lesson learnt!!!

Who do you go with now Kiltox?

I'm a vat regd Ltd company so invoices etc are no bother.

Clegg Gifford (who used to only be a broker for Tradex but now use other underwriters too) - not the most sensible choice based on popular opinion but I was under 25 when I started and with a less than perfect claim history!

[HMC]

Merc on a modern ( 5 yrs ncb)

Puma likewise ( 0 ncb)

Jag on FJ jec policy ( 90 odd quid FTW)

Volvo I forget. Maybe peter James or best.

 

In fact some insurers have tightened up what they will cover as a classic- in 2004 I was able to get a classic policy on an saab 900 classic that was 11 years old at the time, yet earlier this year I struggled to get classic cover for a 23yo fiat. Some degree of badge snobbery exists as any alfa over 15yo was covered by the same provider. Ironically the fiat in question (tipo) provided the platform for the said Alfas ( 155,GTV) but this point went over their heads it seems.

 

At one point I had an fj multicar and was politely told I won't be able to be covered the following year as they must have got pissed of with a vehicle change every 5 mins.

[tooSavvy]

FJ "We don't consider any Toyota a classic except, perhaps, an early Celica"

 

ffs

 

TS

[AMC Rebel]

Clegg Gifford (who used to only be a broker for Tradex but now use other underwriters too) - not the most sensible choice based on popular opinion but I was under 25 when I started and with a less than perfect claim history!

<pedant> Other way round - Clegg Gifford has been a broker since 1967 <anorak> You can't call yourself a broker unless you meet a range of registration requirements - if you don't, you cannot legally use the phrase "Insurance Broker" in your company name </anorak> they bought an insurer called Westminster/Tradex with some tied agents in 2014 <pedant>

 

https://www.cglloyds.co.uk/about-us

 

Generally a properly registered Insurance Broker will be just that - have a choice of underwriters, although for specialist stuff the choices may be limited.

 

I used to work in Insurance