Insurance

[spikeydoo]

Try More than I paid £245 fully comp, standard motor with a guaranteed bonus.  I'm aged 33 with full no claims & live in the sticks.  That incluses £75 cash back from quidco....

[winrya]

just renewed with elephant.  27 with 1 years no claims and an accident (well Mrs wrote my second car off last july) £625 with mods.  Greenlight were closest at £845 and adrian flux £1320.  Very pleased man in the end

[rdfcpete]

Saying about declaring mods and stuff though, are you supposed to declare if the car came standard with things like sat nav, xenons, 18" Monzas etc etc? As I know they always say something like 'any modifications' but actually my car hasn't been modified, it came fully loaded...?? 

You should ideally, as standard spec GTI didnt come with all that, so in theory although they are manufacture fit options, its not standard. I declared mine just to be sure.

Hmm, you see I was under the impression that this isn't the case Deako, although correct me if I'm wrong fella;

(Unless em2evol's mods' are retrofitted) Because those options are factory fitted, the necessary databases throughout the UK will have listed that those options were fitted as factory spec off the conveyor belt, presumably in this case at the request of the original paying customer/first owner.

The reason I'm lead to believe this is I called one of my local VW dealers asking for the price of a Xenon headlight replacement. Within about 15 seconds of the sales assistant at the end of the phone looking up my registration, his reply was "...but the vehicle doesn't have Xenon headlights does it?", to which he was absolutely right (I was calling on the sly to see how much they'd quote for each one for a retrofit I had in mind). He'd only have got this from the spec listed against my GTI's plate.

Presumably, insurance companies have access to this same data-set and thus the original price of the car and price of insurance premium quotes given for that vehicle registration will take these factors into account, as obviously a vehicle with leather, tints, RNS-510 and 18" Monza's is probably slightly more tempting to motor criminals than one without. There'd also be more to replace if the car was written off. Perhaps I'm wrong but I always understood it like this?

...Hence why all my retrofits have been put on hold because if I mod, I've got to declare it and my current insurers won't allow me to declare any. I can't afford to risk invalidating my premium, neither can anyone in reality.

[Deako]

Manufacturer data and insurance data are totally seperate systems. Yes they can tell its a GTI for example, but wont have extensive data on the factory options. Only the dealer has this information.

Sure, an insurance company in an investigation would be able to find out, but you should declare manufacture or dealer fitted options.

[rdfcpete]

Manufacturer data and insurance data are totally seperate systems. Yes they can tell its a GTI for example, but wont have extensive data on the factory options. Only the dealer has this information.

Sure, an insurance company in an investigation would be able to find out, but you should declare manufacture or dealer fitted options.

Hm, Interesting.

In the event of a claim then, the insurance companies involved in the claim would demand this information to validate the necessary premiums?

[neg]

What if you were not familair with what are options are what are not - not in our cases but buying a second hand motor of a manufaturer your not sure of how would you know...

just a thought.

[Deako]

All i know is that an insurance company would do whatever they can to avoid making a payout. Covering your own back ensures that you are safe.

[joesgti]

23 9points and a CD10, £575 privilage 

[JPC]

9point? lol

[Deako]

LOL. And a CD10 which is driving without due care and attention!! 

[joesgti]

8 now my mistake,  5 points sp50, 3 points sp30. Yup CD10, smashed a type r up when i was 19 

[Poverty]

2700 on the k1. Cant remember what my excess is as it didnt matter as no other insurance company would touch me on the car even when they gave me quotes online. 

[JPC]

Did the insurance have anything to do with your user name? Haha

[john_o]

the whole declared factory fitted options thing is generally going to be honoured.

However I once left Admiral insurance for just that reason,  for a modified Mini Cooper S , had all the toys , and they confirmed in writing that in the event of an accident they would only replace parts to minimum base factory spec !
As you can imagine I dont know how they were gonna do that for factory fitted xenons but there you go !
Very strange but I gave up calling them and gettng nonsense every time so I just  moved on...

that was a good few yrs ago though, I didnt declare my options for the GTI this time around, but did of course declare my non factory upgrades 

[Poverty]

It seems to be a bit of a iffy subject. The way I see it is like this. 99% of the people on the road arent anal about their cars like us, and therefore when they insure their cars they wouldnt have any second knowledge or even reason to think that factory options need to be declared. Therefore on the basis that most these people who have had cars stolen or written off, and still got a fair value back from the insurance company, leads me to inform an opinion that it is not required to declare seperate options, unless ofcourse barring some exoticas, who have got some stupidly expensive options.