Insurance with Mods - Silly Quote!!

[L33TAY]

Hi All

I have just been insurance quoted on my S3 with the mods that I will be doing.

Standard Car £430.00 (£50 Excess)

With Mods - £2650.00 (£200 Excess)

Does this sound normal??

Anyone else got any sensible quotes with mods?

Cheers

 

[aragorn]

which mods?

Your sig doesnt suggest that you've done all that much to the car? an exhaust, some lowering springs and a remap?

 

[Staz]

Where did you try?

Chris Knott and Green Light were both recommended on this forum and both gave me similar and reasonable quotes with mods (both quotes were actually from the same insurance company). Don't even bother with Compare the Meerkat/Confused/Go Compare etc.

Sky Insurance were also recommended but they never called back when I left a message.

 

[L33TAY]

That was with Adrian Flux with:

Spacers
H&R Springs
HPFP
Full Miltek
Stage 2+ Map
Forge Twintake

Not all done yet but wanted an idea of how much when done, 90% is done.

 

[Staz]

I see. Well give the others a try mate. Sky Insurance are a forum sponsor too so check this out:

http://www.audi-sport.net/vb/insura...urance-audi-sport-net-insurance-discount.html

 

[devonmikeyboy]

I use UK Car and Home Insurance Quotes From A-Plan Insurance. for my R32 . Sky quoted me £1300 when A Plan quoted £850 which i gave both brokers the same details and both brokers use Market Study Insurance Company to insure cars with !

 

[Boydie]

I am insured with Greenlight fully comp with all stage 1 and 2 mods declared

25 with 6 NCB's living in Northern Ireland for £670

 

[S3Alex]

Stage 3 plus a host of other bits....£650 from Greenlight and also same quote from another.

 

[PH1L]

22yrs old 0 convictions 0 accidents 150 compulsorary insurance with my facelift declared <1100 a year after vat.

 

[JamesS4cab]

Stage 3 plus a host of other bits....£650 from Greenlight and also same quote from another.

Well we all know why your insurance is so cheap dont we Alex.........

 

[S3Alex]

Well we all know why your insurance is so cheap dont we Alex.........

Yes indeed....old git,and tends not to break cars....

 

[L33TAY]

Stage 3 plus a host of other bits....£650 from Greenlight and also same quote from another.

Cheers for the feedback guys.

 

[aragorn]

Personally i think your going into too much detail and putting the shits up them.

Why even tell them you've changed the fuel pump? Its irrellevant, but could easily make the muppet on the other end of the phone push an option like "other engine modifications" which is nice and vague and likely to hike the premium for no reason.

You've fitted an exhaust, lowering kit, a remap, some wheel spacers and an induction kit.

Keep it simple but dont lie. Dont use fancy terms. "remap" sounds much more `normal` than "REVO Stage 2+" If they care, they'll ask how much power the remap gives you.

Some companies may not like particular mods. Admiral for instance wont insure cars lowered more than 50mm, and while they will happily accept a lowering kit, "coilovers" makes them all antsy.

 

[Staz]

Personally i think your going into too much detail and putting the shits up them.

Why even tell them you've changed the fuel pump? Its irrellevant, but could easily make the muppet on the other end of the phone push an option like "other engine modifications" which is nice and vague and likely to hike the premium for no reason.

You've fitted an exhaust, lowering kit, a remap, some wheel spacers and an induction kit.

Keep it simple but dont lie. Dont use fancy terms. "remap" sounds much more `normal` than "REVO Stage 2+" If they care, they'll ask how much power the remap gives you.

Some companies may not like particular mods. Admiral for instance wont insure cars lowered more than 50mm, and while they will happily accept a lowering kit, "coilovers" makes them all antsy.

Personally I think this isn't good advice. If you're not going to declare mods fully then it's not worth declaring them at all.

 

[S3Alex]

Personally I think this isn't good advice. If you're not going to declare mods fully then it's not worth declaring them at all.

Agreed,and very good advice

I also think it highlights the fact that many mainstream insurance companies are really not interested in anything modified,and as an example,Direct Line,who I'd been with for many years,and had previously insured my modified S3,finally chucked in the towel last year,saying that they were moving out of any modified car business.

That leaves Chris Knott,Greenline,Flux and a few others...I would shop around them all and get the best quote you can,but be honest about all mods.

 

[JamesS4cab]

Totally agree with you Alex and Staz. If you got it, declare it. Cos if u dont, it pretty much nullifies your insurance. And we all know they are looking for any excuse what-so-ever to not pay out.

 

[PilotAudi]

Absolutely right... non declaration usually means no Insurance if you get found out.

Insurers generally rely on statistics and as we know teenage boys are probably the most risky group, closely followed by nuns in Nissan Micras.

Modding a car indicates that you are likely to drive faster and therefore the risk to the Insurer increases hence they charge us the punter.

Quite frankly for years I have gone down the non-mod route quite simply if you want RS3 perfomance save up for an RS3.

My views may not be agreed with but why pay £2200 a year more to Insure a modded S3 to a standard one?.... Bonkers.

 

[S3Alex]

.

My views may not be agreed with but why pay £2200 a year more to Insure a modded S3 to a standard one?.... Bonkers.

The problem is that so much of it is age related.

When you get to be as crumbly as me,you find that the premium before and after a load of performance increases isn't a great deal different.

 

[Jonay]

what I dont get is how making a car safer (brake upgrades, lowered (handling) etc) carries a more expensive premium.

If they were OEM mods (Like TTS big brakes on a A3) or S3 suspension on a A3, even 18" S3 facelift alloys replacing 17" sports.. .. would they notice?

Could you get away from it if you avoid bright blue forge silicone tubes running around you engine bay and bright yellow shocks in your arches?

 

[S3Alex]

what I dont get is how making a car safer (brake upgrades, lowered (handling) etc) carries a more expensive premium.

If they were OEM mods (Like TTS big brakes on a A3) or S3 suspension on a A3, even 18" S3 facelift alloys replacing 17" sports.. .. would they notice?

Could you get away from it if you avoid bright blue forge silicone tubes running around you engine bay and bright yellow shocks in your arches?

Funnily enough,the thing that finally got Direct Line's attention for me,was the brake kit.

That was when they informed me they would do the cover until the end of the policy,but advised me to look elsewhere after,as they were stopping modified business.

Until that point,no problems at all.

 

[FranA3]

i know its not an audi but i was paying £550 for my heavily modded ford escort rs turbo and i declared everything from the highly tuned engine to the £3000 leather retrim that was with adrian flux with two years no claims a few years ago and i told them i was in the rs owners club so i would say your in a car club/forum might get the premium down a little