Club Insurance.... Am I missing something?

[MRB]

My renewal came through yesterday from our Club Insurance scheme. Just called to increase the value to reflect current market prices (£15000) and they are now quoting over £200! Called Hagerty and Footman James and both came back under £150 for Equivalent cover. Not an uncommon story on the forum recently.

So, my question is what benefits do we see as club members from the 'club insurance scheme' ?


I know price isn't everything and I would gladly pay more for better coverage or service but I really don't see the advantage of the 'club scheme' over non 'club scheme'

Mark.

[LAMBRETTLAD]

I've found Peter James a pleasure to deal with over the last few years ,fair prices ,great brakedown service plus a windscreen replacement all no fuss ,very professional .


Just renewed at £13K Just over 100 nicker

[Branyster]

I've found Peter James a pleasure to deal with over the last few years ,fair prices ,great brakedown service plus a windscreen replacement all no fuss ,very professional .


Just renewed at £13K Just over 100 nicker

Hi Alex,
Do you have contact details for Peter James insurance ?
Thanks Nick

[apples24]

they were dearer for me also on quotes i think maybe the club benefits out of it financially maybe.

[DJT]

Hi Alex,
Do you have contact details for Peter James insurance ?
Thanks Nick

http://www.peterjamesinsurance.co.uk/index.php/products/classic-cars

[V Mad]

I have both my classic covered under PD James. Best value for me.

[Branyster]

http://www.peterjamesinsurance.co.uk...s/classic-cars

Many Thanks Dave.

[milothedog]

I personally don't think the Club scheme helps the club members as much as it could. when I spoke to them in 2009 I was told "Sorry we don't insure cars that aren't garaged" I have been with Lancaster ever since and have no complaints with the service.


I spoke to the Club scheme people again at the National Day and got more or less the same answer but this time they did say "off road" and only selected post codes for on road cover. I asked why many other Insurers with do it and they won't to which the reply was they must use different underwriters. I replied why cant you then but soon realized they weren't interested in finding a solution.



Ian.

[Stooligan]

I personally don't think the Club scheme helps the club members as much as it could. when I spoke to them in 2009 I was told "Sorry we don't insure cars that aren't garaged" I have been with Lancaster ever since and have no complaints with the service.


I spoke to the Club scheme people again at the National Day and got more or less the same answer but this time they did say "off road" and only selected post codes for on road cover. I asked why many other Insurers with do it and they won't to which the reply was they must use different underwriters. I replied why cant you then but soon realized they weren't interested in finding a solution.



Ian.

I think its horses for courses I insure all mine With Hagerty on one policy makes it easy for me I have tried several over the years (most of the ones mentioned) and at the end of the day its what you 're happy with

Cheers
Paul

[mike@thenook]

The thing to remember that an insurance policy is basically a promise on a piece of paper (or in these over regulated days a hidden promise in a very large document!) the only way you have to test it is to make a claim and that of course is something you would probably rather not do. Price is in many minds the overriding factor as it is very difficult to see what you are paying extra for - the only way to see the value in the extra will be in the service your receive as a result of a claim or maybe when you wish to increase the value of your car, add another car etc..

I think it is fair to say that while there are several schemes around for classic cars they are mainly provided by insurance brokers who understand well what is needed and it is a case of evaluating each one on the basis of what they offer and to make absolutely sure the cover on offer is identical/what you require - check the excesses and how they are applied, the windscreen cover and who you have to use etc..

Happy reading!

[KOY 23]

++1.

Club scheme also includes European breakdown, often this will more than offset a cheap quote

[DJT]

++1.

Club scheme also includes European breakdown, often this will more than offset a cheap quote

So do Peter James, Peter Best and many others, John.

In my case I am with Peter James now, after many years with Peter Best, and the underwriters are the same as the club's insurers (Equity Red Star) and £100 cheaper for the same benefits....

[milothedog]

So do Peter James, Peter Best and many others, John.

In my case I am with Peter James now, after many years with Peter Best, and the underwriters are the same as the club's insurers (Equity Red Star) and £100 cheaper for the same benefits....

Which is my point as well Dave. As far as I can see it's not anything special they are offering us.

[MRB]

Which is my point as well Dave. As far as I can see it's not anything special they are offering us.

I am reaching the same conclusion, with the exception of an inflated price.

All the replies make interesting reading, thank you all, but there is still nothing to justify or explain what the club insurance does for club members that is not provided by other reputable insurers at lower prices.

[mike@thenook]

I only pay £163 per year under the club scheme - how PB or anyone else could save £100 (or indeed even £20.00) on this I'd love to know for identical cover.......