Talk Morgan

Insurance

Posted By: Nevbag

Insurance - 21/11/16 06:10 PM

Hopefully I will soon be collecting my 1961 Plus 4 project but I am unsure about the insurance situation. It will not be on the road for at least 1 year but I would still like to have it insured during transit on my trailer and whilst it is in storage and being worked on at home.

Can anyone advise on the best way to achieve adequate cover please?

Nev.
Posted By: Graham, G4FUJ

Re: Insurance - 21/11/16 06:17 PM

Suggest talk to Gott & Wynn. smile
Posted By: Dean-Royal

Re: Insurance - 21/11/16 06:27 PM

As i understand it your insurance for such a classic and its value will make minimal difference of your premium whether your driving it or not,
Posted By: PhilRoyle

Re: Insurance - 21/11/16 07:22 PM

I find Morgan - Headley insurance very helpful and know the quirks of Morgan ownership - my Mog & Fiesta are both insured with them
Posted By: Roger-Cheshire

Re: Insurance - 21/11/16 08:13 PM

I've been insured with Gott & Wynn on a limited mileage classic policy. It makes no difference whether is is on the road or off the road the cost is the same but the cover is good.
Posted By: Taffmog

Re: Insurance - 21/11/16 11:25 PM

At one time one could get a VOR policy, Vehicle Off Road, for rebuild projects. Fire and theft only.
Failing that you'll have to get a classic policy as Roger says.
Posted By: brownbaker

Re: Insurance - 22/11/16 03:40 AM

Are you on the payroll at the factory Brian? You spend alot of time there these days !
Posted By: Gambalunga

Re: Insurance - 22/11/16 08:14 AM

Just be careful that whatever policy you get still covers the vehicle if it is dismantled and under restoration. I suspect most vehicle policies wouldd exclude cover when it is undergoing such major work.
Posted By: exbiker

Re: Insurance - 22/11/16 08:46 AM

Again, Try Gott and Wynn, I was with them for years, very helpful,
Ian
Posted By: Taffmog

Re: Insurance - 23/11/16 12:22 AM

Brownbaker, no not on the payroll, my advice is totally free of charge ......😝
Posted By: Nevbag

Re: Insurance - 26/11/16 09:14 AM

Thanks for the advice gentlemen.
Because it is an import from California I only have the chassis number of the car so far so I am hoping that insurance companies will be able to work with that.
Does anyone have experience of registering an import with DVLA? I am hoping it will be fairly painless and hassle free.

Nev.
Posted By: Nevbag

Re: Insurance - 12/12/16 11:48 AM

Gott and Wynn were very helpful and I shall be using them to insure my Morgan. I was pleasantly surprised how reasonable the premiums are and they do a reduced rate for a car which is undergoing restoration.

Hope to have the car home before the year is out.

Nev.
Posted By: Stringers Best Mate

Re: Insurance - 12/12/16 03:28 PM

Good to hear, Nev.

Best of luck & keep us fed with photo's when you have time!
Posted By: stevemag

Re: Insurance - 19/12/16 08:19 PM

Footman James or Adrian flux, I've used both , currently with Adrian Flux
Posted By: TheCustomer

Re: Insurance - 18/01/17 08:17 PM

When I had to cancel my wife's policy, Adrian Flux charged me.
[She had died, so no longer needed cover]

There's one insurer I'll never ask to quote again.

Will
Posted By: TimG

Re: Insurance - 16/04/17 09:25 AM

Originally Posted By Nevbag
Thanks for the advice gentlemen.
Because it is an import from California I only have the chassis number of the car so far so I am hoping that insurance companies will be able to work with that.
Does anyone have experience of registering an import with DVLA? I am hoping it will be fairly painless and hassle free.

Nev.


Yes you can insure on VIN, I had to to get my M3W registered. I found a classic full policy was cheaper than off road fire & theft cover. Gott & Wynn are very helpful

Tim
Posted By: Burgundymog

Re: Insurance - 14/05/17 04:46 PM

For the last 3 years I have had an Admiral multi car policy. This is up for renewal, during the year I had changed my diesel Fiesta to a Fiesta ST and then had the Mountune upgrade. Each time I paid a bit extra. When the renewal came through they said that the full term amount would have been £680 for the ST and the +4 and this year it would be £780 ! I went on the internet and got a quote for the +4 for £251 with the AA. I tried the "Morgan" specialists, for the +4 G&W wanted £319 the others were either more or as in the case of one would not give me more than 5k miles ! The ST the best quote was £376 until I mentioned Mountune and they declined. So I thought I would ask Admiral to quote for the ST alone. A long conversation ensued as to why I no longer wanted the multi car policy, I explained that they wanted too much money. Hmmm they said let me look at what we can do, well we can reduce the Morgan by £50 give you free personal injury and bonus protection and I see you have 17 years no claims on both cars and have been a loyal customer blah blah blah. We can do both cars for £469.88 !!! which is less than the best quote for the ST on it's own. So why could they not offer that in the first place !
Posted By: Paul F

Re: Insurance - 14/05/17 06:23 PM

Originally Posted By Burgundymog
So why could they not offer that in the first place !


Indeed - a perpetual frustration.

One detail - is the cover you have for the Morgan agreed value?
Posted By: Ken A

Re: Insurance - 14/05/17 06:47 PM

I am with Carole Nash for the Morgan, best price/cover i found at the time compared with some of the above.
I also have a 6 wheeler policy for the tin top and the 5 motorcycles.
I find their rates good and the terms (excesses etc) suit me.
I do find their communications are not the best but i can live with that at their rates.
Posted By: Burgundymog

Re: Insurance - 14/05/17 08:18 PM

Originally Posted By Paul F
Originally Posted By Burgundymog
So why could they not offer that in the first place !


Indeed - a perpetual frustration.

One detail - is the cover you have for the Morgan agreed value?



Paul, agreed value is for older classics, my cover is for market value and if you have been watching prices you will see that cars of our vintage are rising in price so I see no benefit in agreed value (hopefully).
Posted By: Burgundymog

Re: Insurance - 14/05/17 08:20 PM

Originally Posted By Ken A
I am with Carole Nash for the Morgan, best price/cover i found at the time compared with some of the above.
I also have a 6 wheeler policy for the tin top and the 5 motorcycles.
I find their rates good and the terms (excesses etc) suit me.
I do find their communications are not the best but i can live with that at their rates.


Yes I have used Carole Nash for my bike but am currently with Bennetts who are giving me the best deal (at the moment).
Posted By: Paul F

Re: Insurance - 14/05/17 08:32 PM

Originally Posted By Burgundymog
Originally Posted By Paul F
Originally Posted By Burgundymog
So why could they not offer that in the first place !


Indeed - a perpetual frustration.

One detail - is the cover you have for the Morgan agreed value?



Paul, agreed value is for older classics, my cover is for market value and if you have been watching prices you will see that cars of our vintage are rising in price so I see no benefit in agreed value (hopefully).


A lot depends on the definition of market value. Our 3 year old car is now on an agreed value policy valued at £3k more than we paid for it - which should cover a like for like replacement should the worst happen. If your insurer uses trade valuations then you could be disappointed. This is my logic for agreed value on our car. Unlimited mileage cover through Headley is reasonably priced too.
Posted By: Alistair

Re: Insurance - 15/05/17 06:47 AM

I had the same with Admiral - big raise in the price at the end of year 1 for our multi-car. I was told a load of old clap-trap.

Raise in Insurance Premium Tax
General raise in premiums

I went to Churchill who proved to be terrible and I will be leaving them at the end of the year.

One thing to watch with all the big providers now is the addition of hidden charges that are being added all over the place to raise money.

Change car sir ? £50
Change job sir ? £50 and possible changes
Change registration plate on car sir ? £50
Sell car sir ? £50
Posted By: TimG

Re: Insurance - 19/05/17 07:03 AM

I have agreed value on my 3 year old M3W through G&W.
Posted By: Burgundymog

Re: Insurance - 19/05/17 07:30 PM

Originally Posted By Paul F
Originally Posted By Burgundymog
Originally Posted By Paul F
Originally Posted By Burgundymog
So why could they not offer that in the first place !


Indeed - a perpetual frustration.

One detail - is the cover you have for the Morgan agreed value?



Paul, agreed value is for older classics, my cover is for market value and if you have been watching prices you will see that cars of our vintage are rising in price so I see no benefit in agreed value (hopefully).


A lot depends on the definition of market value. Our 3 year old car is now on an agreed value policy valued at £3k more than we paid for it - which should cover a like for like replacement should the worst happen. If your insurer uses trade valuations then you could be disappointed. This is my logic for agreed value on our car. Unlimited mileage cover through Headley is reasonably priced too.


Most insurers these days make you an offer based on market price and say if you don't agree send us 3 adverts showing the a price.
Posted By: sospan

Re: Insurance - 25/05/17 07:15 PM

I cannot temember getting a renwal quote that drops. Every one is hiked up and these can be queried/negotiated in most cases. Every renewal a search for quotes is done and this can be used to negotiate.
I remember being with Swinton once. I had their renewal papers for the Focus. I went online and saw the same Swinton cover £100 less! I queried this by phone and got a £100 cashback. Stayed with them for another year but went elsewhere after that.
Renewals seem to be a "try it on" tactic in the hope that people just accept it.
I have the Plus 8 with Gott & Wynn renewal due next month. I will look at others as part of the "game".
Posted By: waikiore

Re: Insurance - 16/08/17 09:59 PM

Hi all
Can anyone recommend an insurer for a non resident ?
ie Car is in the UK for when I visit and I reside offshore, this seems to be a problem for some reason.
Posted By: John V6

Re: Insurance - 17/08/17 06:48 AM

Originally Posted By sospan
I cannot temember getting a renwal quote that drops. Every one is hiked up and these can be queried/negotiated in most cases. Every renewal a search for quotes is done and this can be used to negotiate.
I remember being with Swinton once. I had their renewal papers for the Focus. I went online and saw the same Swinton cover £100 less! I queried this by phone and got a £100 cashback. Stayed with them for another year but went elsewhere after that.
Renewals seem to be a "try it on" tactic in the hope that people just accept it.
I have the Plus 8 with Gott & Wynn renewal due next month. I will look at others as part of the "game".

For years with Tesco I got the renewal then went online for a better deal. In the end though when we changed cars mid term & they put the price up as it was to be garaged not on the drive I left them. Apparently it is easier to steal a car from a locked alarmed garage!

Now I am a price whore 3 times a year for each of the cars. Painful but saves dosh.
Posted By: NeilL

Re: Insurance - 17/08/17 01:26 PM

Just changed insurers for the BMW - and save £200 for a better policy.

Sadly it pays to shop around.
Posted By: Burgundymog

Re: Insurance - 17/08/17 05:29 PM

Originally Posted By waikiore
Hi all
Can anyone recommend an insurer for a non resident ?
ie Car is in the UK for when I visit and I reside offshore, this seems to be a problem for some reason.


Can you not use the address of the storage unit as your UK address ?
Posted By: Burgundymog

Re: Insurance - 17/08/17 05:32 PM

Originally Posted By NeilL
Just changed insurers for the BMW - and save £200 for a better policy.

Sadly it pays to shop around.


I told Admiral I wasn't going to pay £760 for my 2 vehicle multicar policy so they reduced it to £451 !!!
Posted By: Alistair

Re: Insurance - 17/08/17 05:44 PM

JohnV6.

I had a good experience admin wise with Admiral but they also tried to stuff me on renewal. I mistakenly went to Churchill and cannot damn them enough.

I am looking at Chubb to combine all my liability into one (house, contents, cars, travel, life) and also use A-Plan as a broker to shop the cars alone around. A-Plan have come out well and do help when the fur hits the fan.

It is a little more than using one of the big insurers but having had to claim on the Coupe once now "service" went up my requirements list.
Posted By: Neilda

Re: Insurance - 18/08/17 10:56 AM

Originally Posted By Alistair

I am looking at Chubb to combine all my liability into one (house, contents, cars, travel, life)


I use Chubb for house and contents - and very good they are too. I've had two large claims over the years - a 'serious' watch lost in a boating accident, and a fire in the pool house at home. Both claims were settled superbly - very quick, no quibbles, full payout and I was allowed to choose my own suppliers.

However I stopped using them for cars because the annual renewal premium for everything was huge! So I shop around for motor insurance. smile
Posted By: Alistair

Re: Insurance - 18/08/17 09:48 PM

Ta Neil, I am pulling it all together at the moment.

The entire insurance company needs a reboot. All of this change every year rubbish. Its like power providers with their "introductory tariffs" which mean changing every year.
Posted By: Richard - Aus

Re: Insurance - 19/08/17 06:00 AM

Originally Posted By Neilda
Originally Posted By Alistair

I am looking at Chubb to combine all my liability into one (house, contents, cars, travel, life)


I use Chubb for house and contents - and very good they are too. I've had two large claims over the years - a 'serious' watch lost in a boating accident, and a fire in the pool house at home. Both claims were settled superbly - very quick, no quibbles, full payout and I was allowed to choose my own suppliers.

However I stopped using them for cars because the annual renewal premium for everything was huge! So I shop around for motor insurance. smile


We have Chubb to (Master Piece via a broker as only way to get it) and it is superb coverage for relatively little extra in premium. Also allows my wife to run a business from home.
Posted By: Neilda

Re: Insurance - 19/08/17 09:53 AM

The thing with Chubb is that they assume you're honest.... which is a good thing. When I lost a Breguet watch in the sea their response was 'where should we send the cheque?'. The fire at home was a £40k loss - all settled (rapidly) without so much as murmur from Chubb. I can't rate them highly enough. However it's only when you have a claim that you realise you get what you pay for - paying years of premiums without a claim makes them appear expensive.
Posted By: Hamwich

Re: Insurance - 19/08/17 11:17 AM

Originally Posted By Neilda
The thing with Chubb is that they assume you're honest.... which is a good thing. When I lost a Breguet watch in the sea their response was 'where should we send the cheque?'. The fire at home was a £40k loss - all settled (rapidly) without so much as murmur from Chubb. I can't rate them highly enough. However it's only when you have a claim that you realise you get what you pay for - paying years of premiums without a claim makes them appear expensive.


Absolutely right. I use NFU for the same reason. It's all very well buying insurance on price, but if you ever need to make a claim then it's quality of service that suddenly becomes the important thing. I've only had cause to use them on a couple of occasions, and both times they paid up immediately and without question.

The cheap insurance companies are able to drive their premiums down because their claims handling policies are extremely rigorous - they do everything they can to avoid paying.

As always, you pays your money and you takes your choice.
Posted By: Shooter

Re: Insurance - 29/08/17 12:01 PM

The quality insurers tend to end up being a better price more often than not when you do a thorough analysis of your needs (House and contents cover).

The same tends to be true on vehicles too but there are exceptions. However, as has been pointed out service when a claim is made is important.

I have had excellent experience with Chubb, Hiscox, Zurich Private clients at different times in relation to both motor and house.

Right now for 2 years running I have been with NFU on Motor as they offer good service and fantastic pricing for 2 Aero 8's, a Tesla and the Lancia, business use etc £1,400 a year. I do seem to collect performance awards so have a few points! Also some insurers are quoting £1,200 to £2,000 for the Tesla on its own at the moment due to high repair costs.

On the subject of Household and business insurances, I have an excellent broker if anyone wants a recommendation.
Posted By: Shooter

Re: Insurance - 29/08/17 12:08 PM

Originally Posted By waikiore
Hi all
Can anyone recommend an insurer for a non resident ?
ie Car is in the UK for when I visit and I reside offshore, this seems to be a problem for some reason.


I maintain insurance on motorbikes I keep in USA and there it is relatively easy (and cheap) but an address in the USA is needed.

I would suggest making contact with an insurance broker in the UK and getting advice as to your options. If the car is in storage, some storage firms provide a level of insurance but it is not always adequate and will not help when you want to come over and drive.
Posted By: Peter J

Re: Insurance - 29/08/17 03:06 PM

Originally Posted By waikiore
Hi all
Can anyone recommend an insurer for a non resident ?
ie Car is in the UK for when I visit and I reside offshore, this seems to be a problem for some reason.


Do you have a UK "address", ie family member or similar, that is also shown on a UK driving licence and the V5?

If you do then it shouldn't be a problem: payment by card solves most other issues.

But if you are unable to demonstrate a link to a UK residence then probably a problem.
Why? Because the insurance company wants to be able to deliver documents by post and the Police want to be able to send you speeding tickets....
Posted By: Roger-Cheshire

Re: Insurance - 29/08/17 07:49 PM

Originally Posted By Hamwich
Originally Posted By Neilda
The thing with Chubb is that they assume you're honest.... which is a good thing. When I lost a Breguet watch in the sea their response was 'where should we send the cheque?'. The fire at home was a £40k loss - all settled (rapidly) without so much as murmur from Chubb. I can't rate them highly enough. However it's only when you have a claim that you realise you get what you pay for - paying years of premiums without a claim makes them appear expensive.


Absolutely right. I use NFU for the same reason. It's all very well buying insurance on price, but if you ever need to make a claim then it's quality of service that suddenly becomes the important thing. I've only had cause to use them on a couple of occasions, and both times they paid up immediately and without question.

The cheap insurance companies are able to drive their premiums down because their claims handling policies are extremely rigorous - they do everything they can to avoid paying.

As always, you pays your money and you takes your choice.


We have used NFU for many years as we always looked at extent of cover, service and price as a total package. We had 3 cars and all our properties covered with them so they had a fair bit of money off us over the years. The last couple of years or so the prices each year climbed significantly to the extent I couldn't ignore shopping around even though we had no claims history. The cars have gone through G&W - last to go next February on renewal and the last of the properties have now gone through a broker connected to a Landlords Association of which we are members. As it's a very large members policy we have managed to not only considerably increase the cover, reduced excess etc but also halved the premiums which is saving us a lot of money.
Posted By: Peter J

Re: Insurance - 30/08/17 11:16 AM

Originally Posted By waikiore
Hi all
Can anyone recommend an insurer for a non resident ?
ie Car is in the UK for when I visit and I reside offshore, this seems to be a problem for some reason.


London Morgan may be able to help, they "manage" cars for non resident Morgan Owners.
Posted By: madmax

Re: Insurance - 25/09/17 03:38 PM

Just thought I'd get a quote from the NFU before renewing and they gave very good cover and figure all included instead of adding on extras so I've changed to them.
Posted By: TimG

Re: Insurance - 16/10/17 07:28 AM

I just got my renewal for my vintage Sunbeam from Peter S Taylor in Hove. They have insured it for nearly 30 years. Premium is £108 & its been around that price for 10 years or more. Gott & Wyne handle my Morgan

Tim
Posted By: Robbie

Re: Insurance - 20/10/17 08:54 AM

You guys are blessed — my Plus4 over here is €580 pa!!!
Posted By: Peter J

Re: Insurance - 20/10/17 09:17 AM

Originally Posted By Robbie
You guys are blessed — my Plus4 over here is €580 pa!!!


That is more than I pay for my Plus 8!!!!
Posted By: Robbie

Re: Insurance - 26/10/17 08:05 PM

Thats why I have a Plus4 I think a roadster over here is around the €800 mark!!! Then there is road tax --€720 on the plus4 and a whopping €2250 on a roadster. As everyone knows this is an environmental tax -- nothing whatever to do with fleecing the motorist!!!!!!
Posted By: Nicko

Re: Insurance - 10/11/17 11:28 AM

This might be a bit late in the day, but I found your comments on Insurers very helpful. I had a renewal coming up from Footman James for £388 which I considered OTT for my Plus 4 in sleepy New Forest. I tried Gott and Wynn and was very impressed with their Morgan knowledge - turns out Mr Wynn is a Morgan owner. I was given a quote of £196.00 including IPT, admin, legal expenses, EU travel, unlimited windscreen cover ( attractive given cost of a heated windscreen ) and agreed value. Interestingly they have removed the concept of a "hood warranty" which I have never heard of - but it means whenever you leave the Morgan unattended you must put the hood up. Obviously a bit of a faff with the Morgan - but a loophole an insurer would pounce on to get out of paying up!

Thanks to all of you who contributed and therefore helped me with my decision

Nick
Plus 4 2007 Monterey Blue - "Monty"
Posted By: NeilL

Re: Insurance - 10/11/17 02:05 PM

Sadly there is no benefit any longer in staying put with an insurer.

I have "saved" over £600 this year on our three cars. AND better cover!!

The Insurance industry has IMO shot itself in both feet by creating this need to move every year.
Posted By: Graham, G4FUJ

Re: Insurance - 10/11/17 02:13 PM

I've just changed the Fusion insurance over to the '99 Z3. There is nearly 11 months to run on the policy, but with the £25 fee for changing I'm still getting £7.83 in refund (would have been in excess of £30 refunded). I have a feeling that even after renegotiating with the broker at renewal time I might have paid far too much for a small low powered Ford!
Posted By: Paul F

Re: Insurance - 10/11/17 03:09 PM

The insurance industry only has itself to blame. Last year, Land-Rover renewal arrived from Churchill. 25% increase. Changed to Saga - at or around the “old” Churchill price. This year, the Saga renewal came with a 25% increase. Gone back to Direct Line at less than I paid Saga last year. I suspect I am now in a 3 insurer merry go round.
Posted By: Graham, G4FUJ

Re: Insurance - 10/11/17 03:11 PM

Life is but a circle Paul grin2

But, have you received the myriad of Cruise brochures from Saga?
Sue used them for something and it seemed that once a fortnight, yet another holiday brochure, mostly cruises, fell on the doormat until I complained to them.
Posted By: Peter J

Re: Insurance - 10/11/17 04:51 PM

Discovered something nasty I hadn't thought through, following SWMBOs little accident with the AMG.

At renewal The Plus 8 insurance went up £120pa and the CLC by £80 pa, the AMG we expect about £150, simply because she is a named driver and has had a "fault" accident. The loading runs for 5 years.

So £1750 over 5 years, excluding any other increases.

Car Insurance is a failed market, no wonder so many are uninsured.
Posted By: Ian Wegg

Re: Insurance - 10/11/17 06:54 PM

Originally Posted By Peter J
Car Insurance is a failed market, no wonder so many are uninsured.

Absolutely. The same thing happened to me when my windscreen cracked a few years ago. The replacement was "free", but they clawed it all back in loaded premiums over the following 5 years.
Posted By: Paul F

Re: Insurance - 10/11/17 07:01 PM

Originally Posted By Graham, G4FUJ

But, have you received the myriad of Cruise brochures from Saga?


Not yet - we subscribe to the Magazine (it seemed like a good idea at the time) but are not receiving a lot of mail from them.

The good news is that from May 2018 GDPR kicks in. Companies and charities will have to re-seek approval from us to communicate with us. RSPB have already done this (very well) and have probably expanded their marketing reach by taking a good approach. If (a big if) the ICO get their act together, we can expect to see some large fines in the early days as a couple of rogues get singled out and made an example of.
Posted By: Richard - Aus

Re: Insurance - 10/11/17 10:52 PM

Originally Posted By Ian Wegg
Originally Posted By Peter J
Car Insurance is a failed market, no wonder so many are uninsured.

Absolutely. The same thing happened to me when my windscreen cracked a few years ago. The replacement was "free", but they clawed it all back in loaded premiums over the following 5 years.


Not for me. I fixed mine after it went in the Saab, sold it then moved to Australia.

Here road tax and third party insurance are combined in to one sold by the government. If you want fully comp then you buy this on top but at least all cars are tax and insured at a level price.
Posted By: Fuel.inj

Re: Insurance - 15/11/17 10:16 AM

Originally Posted By Graham, G4FUJ
Life is but a circle Paul grin2

But, have you received the myriad of Cruise brochures from Saga?
Sue used them for something and it seemed that once a fortnight, yet another holiday brochure, mostly cruises, fell on the doormat until I complained to them.


SAGA? .........Sex And Games for the Aged!
Posted By: Peter J

Re: Insurance - 15/11/17 10:59 AM

Originally Posted By Richard - Aus
[
Here road tax and third party insurance are combined in to one sold by the government. If you want fully comp then you buy this on top but at least all cars are tax and insured at a level price.


Same as Germany; the UK system is broken, no one in Government or Industry wants to fix it.
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