View Single Post
Old May 9th, 2003, 12:17 AM   #11
justindonn
MINI2 Newbie
 
Join Date: May 2003
Location: London
Local Time: 03:46 PM
Posts: 32
Offline
United-Kingdom

Having ordered my Cooper Works last month (awaiting with baited breath for the apparant June 21st delivery) I phoned my current insurer - What Car Insurance (the car mag, but insurance actually done by Royal & Sun).

They quoted £400ish plus a 10% loading for the works package - and I live in London, generally a high risk, so high premium area.

I have worked in actuarial costing of insurance, and I know that insurers will tend to penalise risk, especially when it is more unknown - hence it doesn't surprise me if people are getting silly quotes - I think the message is shop around to find an insurer experienced with the type of risk.

This is my first post so apologies if its in wrong place etc!
United Kingdom Male   Reply With Quote