LS400 Mk1 Classic Insurance?

[Spottedlaurel]

I'll tell more about the car soon, but for now I would be grateful for a quick bit of advice please.

My current insurers, who I have five cars with including my daily driver RX and four classics, are saying their list specifically includes the LS400 as a classic. Without any additional NCB I dread to think what the quotation is going to be.

They currently insure my '93 Camry, apparently that's OK as it's been with them for several years before this list came in ('grandfather rights' effectively).

They might be able to use some discretion as I have been with them for a few years and have the RX as my modern car, but in case they come back with a "no" I need to look at someone else.

I used to go to RH Specialist Insurance before swapping everything over to FJ, is there anyone else that others on here use successfully? I'm looking to collect it over the weekend so I'm hoping to get this sorted ASAP.

I'm 50+ and live in a quiet rural area.

[ajchetcuti]

Adrian Flux covered mine on a limited mileage policy with agreed value cover for £200 less than any other quote I had. They might be worth a call? The provider as they are a broker was ERS. 

[Spottedlaurel]

Thanks for the prompt response Alexander.

Happily, FJ have seen sense and they've just added it to my current policy until May 2021 for a mere £36 🙂

I have all my other cars down for commuting and business use. I couldn't get business but they did offer commuting which is good - in these current times it's not like there's much other driving that I do......

More to come about the car itself at the weekend.

[steve2006]

I use FJ for mine, fully comprehensive, limited mileage and agreed value ( which I need to increase next renewal looking at recent prices). Last renewal actually fell a few pounds.

[Spottedlaurel]

23 minutes ago, steve2006 said:

I use FJ for mine, fully comprehensive, limited mileage and agreed value ( which I need to increase next renewal looking at recent prices). Last renewal actually fell a few pounds.

Interesting that you're also with FJ, presumably for several years? You might not get the same offering if going to them as a new customer.

My renewal also went down last time, apparently because a couple of no-fault accidents were sufficiently far back in time to be disregarded. Slightly odd that my premium rose when they weren't my fault............

[steve2006]

1 hour ago, Spottedlaurel said:

Interesting that you're also with FJ, presumably for several years? You might not get the same offering if going to them as a new customer.

My renewal also went down last time, apparently because a couple of no-fault accidents were sufficiently far back in time to be disregarded. Slightly odd that my premium rose when they weren't my fault............

Yes must be 6 years now, I did hear that they were stopping “classic” insurance but this may be for new customers. I also had a no fault accident which like you may have become spent.

The only potential problem is if I ever replace the Celsior, my full NCD was only valid without further use for 2 years as classic insurance doesn’t involve it. Should I return to mainstream insurance I now have no NCB discount which would no doubt result in higher premiums.

[Howplum]

I insure my 1996 LS400 with Classicline and they charge me just under £200, with limited mileage.

One point to bear in mind with classic car insurance is that No Claim Discount does not usually apply because it is what insurers call a net rated policy. However, the premium will still be affected by any accidents, conviction etc., as per usual, but it does mean that if you make a claim there is no NCD to be prejudiced. However, if you make a claim the insurers may revise the premium at the next renewal date.

[Malc]

insurers " win win " in all circumstances

Malc

[DAN@ADRIAN FLUX]

Hi.

when you're real please feel free to give us a try for insurance if you wish.

Regards,

Dan.

[StBee]

Hi. I think they owe it to you to treat you carefully because you are not insuring 1, or 2 cars with them. Also, you say you haven't charged them any problems - and for that they give you a discount in many companies. My friend has 3 cars, and he went a long and hard way before he found the perfect insurance company. He had a bad experience and we all had a bunch of friends looking for his insurers. He still thanks us for finding him Moneyexpert.com . He has no problems, and now he's thinking about insuring his home there. I certainly hope that your company will help you. But anyway, I hope I helped you.