Insurance cost of forced induction

[Kodename47 446]

On 9/13/2019 at 1:04 PM, Kaisersalsek said:

Because I’m putting about £6,000 worth of parts on it?

Means nothing. Rule of thumb, mods don't add value. If you have like for like cover on mods then you're covered anyway so long as you don't write it off. A bit different if you want to go agreed value to cover your investments, but you'll pay for that privilege if they agree it.

[MartinT 514]

I'm going to need a re-quote from Adrian Flux when I have the supercharger installed on 8 October.  I've no idea what the uplift will be but I'm paying £499 currently with all NA mods declared.

[Graham86 5]

I did agreed value 6months ago, with the Cosworth charger and all new exhaust and it wasn't much more than that.

[bavis 0]

I have a supercharged gT86 with unequal headers,uprated suspension modified S/Steel straight through exhaust 18" 9J wheels with 255 tyres,full bodykit,customised interior,aftermarket head unit plus other mods,phoned Adrian Flux(who I have used on and off for over 25 years),told them every mod on the car and they quoted me same price as basic GT86,less then £250 fully comp and because I own other cars but had no no claims bonus they mirrored my Mustang 12 year no claim bonus,admittedly I am 69 and on limited mileage but speaking from experience if you are up front with mods and they are not ridiculous brokers are usually accommodating in finding insurance to suiy,obviously this will be no help to an 18 year old with souped up boy racer but you get the picture,just phone and talk to rep,you will be surprised,and check ALL insurance companies not just those on comparison sites there are a lot of companies giving silly prices rather then turn you away If you want further info leave message  Clive

[DAN@ADRIAN FLUX 12]

Hi Bavis,

Thanks for the post and it is very often true that our modified policies are more competitive than for a standard un-modified car.

This is because our specialist schemes will invariably operate with a lower 'loss-ratio' which proves that enthusiasts' are often a better 'risk' because they have fewer claims and so we can pass-on the cost/cheaper premiums to owners.'

This would appear to be the case in your own experience too.

Many thanks for sharing this.

Regards,

Dan

 

 

 

[VAD17 479]

I have also renewed my insurance now. 2nd year after going with TD turbo option and a range of other modifications (brakes, suspension, supporting mods for turbo, etc)

HIC (Hertsinsurance) and Adrian Flux were reasonably close, with AF being <10% more expensive.

A number of other specialist brokers/ insurers did not want to insure my address (SW 19 - go figure), or wanted me to keep the car in the garage overnight (good luck, with 4 bikes and bunch of other %&Ap I don't even have enough space for spare car parts ). Though if I were to keep the car in the garage Reis would be reasonably attractive option (but not the best) if I were to get Carlimits or similar certificate and get additional 10% off original quote.

The best option for me at the end was Need 2 insure (https://www.needtoinsure.co.uk/) which arranged comprehensive insurance (for me and wife) + 5 track days inclusive for the same price as prior year one without track days (don't think 12y NCB vs 13y NCB makes much difference to premium now). Doing like for like comparison with the best quote from HIC it gets me track day insurance at <£25 per day. Further, after I have used 5 days I can buy insurance for additional 5 track days for £100 (that's £20 per day).

All main TDOs and tracks covered (including Castle Combe) and European tracks (excluding Nurburgring though) as well. I need to inform then 48 hrs before the track day, which is fine for me as I would typically need to plan days off well in advance.

I have next Silverstone track day covered already, so the question now would be whether I insure 6 days and do couple track days at Bedford (where I think insurance may not necessarily be required unless its properly wet day), or try to go for 11 track days in next 12 moths... hmm...