MCS JCW - October/November insurance

[GTT 280]

Calling all UK MCS JCW owners....

Please can you tell me which insurance company you are with ?

Quite a lot of companies will not insure modified cars and I just wanted to get a feel for the most popular insurance companies you are all using.

I appreciate that cost is not always the deciding factor, as the quality of the policy can count for more, especially when the car costs over £22,000.

Many thanks for your time and effort in advance,
CSW.

[ABG]

Liverpool Victoria - have the Works on their standard list of cars which makes life much easier.

[GTT 280]

Quote: Originally Posted by ABG

Liverpool Victoria - have the Works on their standard list of cars which makes life much easier.

Great - Oh, according to confused.com the DVLA do not have the Works listed as a vehicle type/style. I have the exact text if you are intrested....

Furthermore - Everybody else, please continue to provide me with the name of your insurance company (MCS JCW owners only though)

Thanks all,
CSW.

[Washy]

Liverpool victoria. Direct line also list the S works on their website

[GTT 280]

Great !

So far then..

• Liverpool Victoria
• Direct Line

Any others anybody ?........

[Tonyt3]

Direct line will insure it as a straight up Works if you bought new, or as an upgraded car if you had it retro fitted.

Costs were:
Standard Cooper S: £510 per annum (36 yr old, full no claims, rural location, no claims protection)
Converted to Works: £570 per annum.

You might get cheaper else where, but when you have an accident you want to have insurance from a big company that isn't going to get picky. Its in their intrest to settle quickly and efficently with no hassles,

[Raify]

First Alternative. They have the works on their list.

good quote too, £500 less than MINI insurance

[ScottieCoop]

BMW Mini Insurance. No problem with the works being on their list.

I've been with them 2 years.

[Davislove3rd]

Quote: Originally Posted by Raify

First Alternative. They have the works on their list.

good quote too, £500 less than MINI insurance

ditto, i've got a quote from first alternative...........works was only 15% extra.

BTW Raify, did you mention the chilli pack when insuring your car?

[Tonyt3]

Quote: Originally Posted by Thornef

BMW Mini Insurance. No problem with the works being on their list.

Reeeallly? Now theres a surprise....

[vagt6]

I'd think a little before paying 550 quid extra (that's about $1000 US per year additional for the JCW package, as I understand your posts) to insure the JCW package.

The only way you're going to suffer an insured loss of the JCW package is if the car is basically a total loss in a wreck that's your fault, or if the car is otherwise lost or stolen (i.e., burned, etc., which is covered by your comprehensive coverage -- not collision). Of course, if it's the other guy's fault, HIS insurance must pay.

Some folks may decide that such an exposure may not be worth insuring. Your risk of such a loss is related to your driving habits, etc., some drive crazier than others. But maybe there are alternatives to insuring the whole JCW package: will your insurer allow you to purchase "comprehensive" coverage only on the package (covers fire, theft, vandalism, flood, etc.), but not a collision? That would save big bucks. Collision coverage is probably 75% of the extra premium.

Or, could you simply take the risk that you're not going to suffer a total loss of the car (the engine, in many wrecks, isn't damaged significantly and can be salvaged) in a collision that's your fault? If your JCW package is financed, this may not be an option since the bank will require it. But if not, it's worth consideration.

Just my 2c worth, maybe worth a look?

[UKC4]

another one is churchill 0800 300 200 i think it is!!! very cheap for me

[MukiMunki]

Quote: Originally Posted by vagt6

I'd think a little before paying 550 quid extra (that's about $1000 US per year additional for the JCW package, as I understand your posts) to insure the JCW package.

The only way you're going to suffer an insured loss of the JCW package is if the car is basically a total loss in a wreck that's your fault, or if the car is otherwise lost or stolen (i.e., burned, etc., which is covered by your comprehensive coverage -- not collision). Of course, if it's the other guy's fault, HIS insurance must pay.

Some folks may decide that such an exposure may not be worth insuring. Your risk of such a loss is related to your driving habits, etc., some drive crazier than others. But maybe there are alternatives to insuring the whole JCW package: will your insurer allow you to purchase "comprehensive" coverage only on the package (covers fire, theft, vandalism, flood, etc.), but not a collision? That would save big bucks. Collision coverage is probably 75% of the extra premium.

Or, could you simply take the risk that you're not going to suffer a total loss of the car (the engine, in many wrecks, isn't damaged significantly and can be salvaged) in a collision that's your fault? If your JCW package is financed, this may not be an option since the bank will require it. But if not, it's worth consideration.

Just my 2c worth, maybe worth a look?

No, it's £550 instead of £500 and in the UK if you have any undeclared mods they'll refuse to pay out at all.

Which means you're risking £18-22k for the sake of £50 a year.

Bit of a no-brainer, that one.

[vagt6]

Unless UK insurers have gone communist/facist, they cannot refuse to cover the entire car for failure to declare mods. They may not cover the undeclared mods, but I doubt if the insurer can deny a claim on the entire car for failing to declare that you had side skirts or something.

Not possible, unless there's specific policy language that indicates it. And I don't think there's any such language.

In 25 years in the insurance biz, I've ever heard of an insurer doing that, anywhere.

Check your policy.

[mtuk]

Norwich Union Direct seemd OK, even though they loaded 78.00 quid on my premium for a Cooper S with non std 18 inch alloys..........

£417.00 + £78.00 addition for mods.........
34 Yrs old (Full NCN Protected - Rural Location)
Works should not be that much different.