At 55 y/o guess what I was just quoted for a 911 turbo?

Caddyman

I am looking to insure a 996 turbo on a fully comp basis and with no claims ever and a clean licence for over 30 years I just got quoted €3,450! This is a second car for me so they said I have ZERO no claims discount as the discounts are used for my daily work car. Holy crap I though these figures were for 18 year olds looking to insure a VW GTI or something like that. :eek:
This was with my current insurance company who are probably the biggest in Ireland and based on a max 5,000 miles a year and a €500 excess.

What company will insure me a for a 'reasonable' premium??
Any help would be much appreciated

Carbon125

I guess you would need to move north of the border to get a reasonable premium.

I do hope that someone with deep pockets will one day take it upon himself to challenge this 'your no claims discount is used up by your first car' nonsense in court. Since our lovely government isn't doing anything to stamp out absurdities like this...

Liam McPoyle

Caddyman wrote: »

I am looking to insure a 996 turbo on a fully comp basis and with no claims ever and a clean licence for over 30 years I just got quoted €3,450! This is a second car for me so they said I have ZERO no claims discount as the discounts are used for my daily work car. Holy crap I though these figures were for 18 year olds looking to insure a VW GTI or something like that. :eek:
This was with my current insurance company who are probably the biggest in Ireland and based on a max 5,000 miles a year and a €500 excess.

What company will insure me a for a 'reasonable' premium??
Any help would be much appreciated

You have no bonus to use and are looking to insure a top of the range, high performance car.

What are you expecting to pay?

Tbh there are likely going to be very few companies willing to quote you given the profile.

sarah88

I had the same problem when trying to insure my second car. Its a load of nonsense really. My advise would be to contact a broker, I was told by a local broker that some insurance companies can 'split' your NCB. Might be worth a try.

I found 'campion insurance' to be decent for high performance cars

peteb2

sarah88 wrote: »

I had the same problem when trying to insure my second car. Its a load of nonsense really. My advise would be to contact a broker, I was told by a local broker that some insurance companies can 'split' your NCB. Might be worth a try.

I found 'campion insurance' to be decent for high performance cars

No companies will split your bonus. The local broker is talking BS.

bigroad

Can you not use your full bonus on the 911 and start fresh with your everyday motor ,should be a bit cheaper that way.

Technoprisoner

My brother had similar problems trying to insure his 996 turbo... he ended up having to get a part time traders policy to insure both cars for €2,200 I think it was

peteb2

Technoprisoner wrote: »

My brother had similar problems trying to insure his 996 turbo... he ended up having to get a part time traders policy to insure both cars for €2,200 I think it was

You cant get a part time trade policy these days. its full time or bust. if you have one already you might hang onto it, but you wont get a quote like that.

cplwhisper

Caddyman wrote: »

I am looking to insure a 996 turbo on a fully comp basis and with no claims ever and a clean licence for over 30 years I just got quoted €3,450! This is a second car for me so they said I have ZERO no claims discount as the discounts are used for my daily work car. Holy crap I though these figures were for 18 year olds looking to insure a VW GTI or something like that. :eek:
This was with my current insurance company who are probably the biggest in Ireland and based on a max 5,000 miles a year and a €500 excess.

What company will insure me a for a 'reasonable' premium??
Any help would be much appreciated

Only your current insurer has the option to offer 'mirror ncb' scale to 2nd car... normally though the 2nd car wouldn't be a Porsche (unless car 1 is high prestigue wheels too...I'm curious )!

Drivers could be restricted too as not everyone's gonna have the skills to tame the 996T (also year of 996 is relivant-so what year of model)

Caddyman

Carbon125 wrote: »

I guess you would need to move north of the border to get a reasonable premium.

I do hope that someone with deep pockets will one day take it upon himself to challenge this 'your no claims discount is used up by your first car' nonsense in court. Since our lovely government isn't doing anything to stamp out absurdities like this...

That's exactly what it is, an absurdity! :mad:

Caddyman

Rod Munch wrote: »

You have no bonus to use and are looking to insure a top of the range, high performance car.

What are you expecting to pay?

Tbh there are likely going to be very few companies willing to quote you given the profile.

I had a 965 turbo some 9 or 10 years ago and was paying €1200 on a separate policy then so I honestly though it would be cheaper seeing as I'm that much older!

Caddyman

sarah88 wrote: »

I had the same problem when trying to insure my second car. Its a load of nonsense really. My advise would be to contact a broker, I was told by a local broker that some insurance companies can 'split' your NCB. Might be worth a try.

I found 'campion insurance' to be decent for high performance cars

I did contact me broker and was told they couldn't do anything for me. I think they are too small tbh.
I'll try Campions right now! Thanks.

Caddyman

bigroad wrote: »

Can you not use your full bonus on the 911 and start fresh with your everyday motor ,should be a bit cheaper that way.

My everyday car would then be very expensive I'm thinking!
I might not hold onto this car for long as well.

Caddyman

Technoprisoner wrote: »

My brother had similar problems trying to insure his 996 turbo... he ended up having to get a part time traders policy to insure both cars for €2,200 I think it was

Thanks but I think that would be hard to get but I'll certainly try!

Caddyman

peteb2 wrote: »

You cant get a part time trade policy these days. its full time or bust. if you have one already you might hang onto it, but you wont get a quote like that.

I was thinking that same thing myself but I'm going to call around and see for myself. You never know!

Caddyman

cplwhisper wrote: »

Only your current insurer has the option to offer 'mirror ncb' scale to 2nd car... normally though the 2nd car wouldn't be a Porsche (unless car 1 is high prestigue wheels too...I'm curious )!

Drivers could be restricted too as not everyone's gonna have the skills to tame the 996T (also year of 996 is relivant-so what year of model)

The current insurer doesn't want to even quote me so I never even got to find out if they's mirror the NCB which is 10+ My everyday car is a diesel A8.

The only other driver would be the missus as it doesn't cost anything extra (I was always told) and the car is a 2004 model year.

heroics

I can never understand why my a no claims bonus only applies to the first car if I am only driver insured on both.

Maybe someone can explain that to me?

beauf

heroics wrote: »

I can never understand why my a no claims bonus o lay applies to the first car. If i am only driver insured on both.
Maybe someone can explain that to me?

They won't insure the car, only driver. Unless its a 2nd car then its the car, or the driver.

Sounds like they'll charge anything they like unless someone steps into challenge them.

The Govt were able to cap rents fast enough. Maybe they could do the same with car insurance.

Technoprisoner

Caddyman wrote: »

peteb2 wrote: »

You cant get a part time trade policy these days. its full time or bust. if you have one already you might hang onto it, but you wont get a quote like that.

I was thinking that same thing myself but I'm going to call around and see for myself. You never know!

Contact Britton insurance that is who he has the part time traders with

Caddyman

heroics wrote: »

I can never understand why my a no claims bonus only applies to the first car if I am only driver insured on both.

Maybe someone can explain that to me?

I couldn't understand it either!

Caddyman

beauf wrote: »

They won't insure the car, only driver. Unless its a 2nd car then its the car, or the driver.

Sounds like they'll charge anything they like unless someone steps into challenge them.

The Govt were able to cap rents fast enough. Maybe they could do the same with car insurance.

I got the company that covers my classic cars to offer me a premium of about 1/3 of the first quote I got if I agreed to also insure my A8 with them as well in a month's time. The reason, they said, for being able to offer this much lower premium was that with both cars on their books they could use the same NCb for both cars but that I could be the only driver on both! My wife can drive them only after we change her insurance over to them as well next Summer when her's is up for renewal.
A lot of work but i got there in the end so thanks for all the input, it's much appreciated

Caddyman

Technoprisoner wrote: »

Contact Britton insurance that is who he has the part time traders with

Thanks for the response and the tip, I'll deffo give them a ring again.

12gauge dave

3rd party extension?

Caddyman

Here's a video of her I made this evening as I only got her delivered this afternoon. She's a fast machine

https://www.instagram.com/p/BOYMNJWDhzb/?taken-by=paulvgartlan

Kristopherus

Caddyman wrote: »

Here's a video of her I made this evening as I only got her delivered this afternoon. She's a fast machine

https://www.instagram.com/p/BOYMNJWDhzb/?taken-by=paulvgartlan

Roadhog:D:D:D

bigroad

Caddyman wrote: »

Here's a video of her I made this evening as I only got her delivered this afternoon. She's a fast machine

https://www.instagram.com/p/BOYMNJWDhzb/?taken-by=paulvgartlan

Yea that looks the part well done and good luck with it.

Titzon Toast

peteb2 wrote: »

No companies will split your bonus. The local broker is talking BS.

Quote Devil mirrored my no claims bonus so I could insure a Passat diesel with my other half as a named driver, and a 2.2 Prelude for myself.
When I bought a commercial vehicle they did the same for that.

Caddyman

Titzon Toast wrote: »

Quote Devil mirrored my no claims bonus so I could insure a Passat diesel with my other half as a named driver, and a 2.2 Prelude for myself.
When I bought a commercial vehicle they did the same for that.

So there is more than one insurance company doing this! Good to know. Thanks Titzon Toast

unkel

Caddyman wrote: »

the car is a 2004 model year.

That's unfortunate. A very late 996. Too young for classic insurance. I have the baby sister of your car (Boxster 986) on classic insurance fully comp for a bit over €300

Tell us more about getting the car though! You know anything about its history? It looks great! Now let's hope our M96 engined cars will never suffer the dreaded intermediate shaft bearing issue

peteb2

12gauge dave wrote:

3rd party extension?

Not on a car you own yourself. Or spouse in most cases

Caddyman

unkel wrote: »

That's unfortunate. A very late 996. Too young for classic insurance. I have the baby sister of your car (Boxster 986) on classic insurance fully comp for a bit over €300

Tell us more about getting the car though! You know anything about its history? It looks great! Now let's hope our M96 engined cars will never suffer the dreaded intermediate shaft bearing issue

The Boxster 986 is a real sleeper Porsche that has yet to be 'discovered' as a real drivers car and will make a great investment which you can enjoy while watching the prices go up :-)

I have four classic cars worth collectively more than the price of the 996 turbo and they are all fully comprehensively insured for around €500 so I know the difference between it being classic or not is huge :eek:
The car has a full Porsche/Porsche Specialist history and has been well minded but I still had it checked out in Porsche Belfast before buying it. They give it a 111 point check (yes that's one hundred & eleven!) which takes 3 hours but it is vital when buying a car like this. So much could be wrong and it takes a checkup in a genuine Porsche dealership to show up everything as they are the only ones with the tech needed to go over everything.
By the way the 996 turbo is not affected by either the rear main seal or the intermediate shaft bearing issues as the engine it uses is the 'Mezger' from the GT1 race car which won Le Mans in 1999 but thanks to those issues that afflict the other 996 engines (only about 5% of them btw) the prices of the 996 turbo is artificially low, in my opinion anyway

12gauge dave

peteb2 wrote: »

Not on a car you own yourself. Or spouse in most cases

Put logbook into brother/sister/parent/friend name

peteb2

12gauge dave wrote:

Put logbook into brother/sister/parent/friend name

So then when the car is parked up somewhere in a public place and someone asks for evidence of insurance, what are they going to provide? Cos if you are going to suggest fraud you may as well work it all the way through

unkel

I was wondering about your car having the Mezger engine. As I don't know much about it, I presumed it hadn't. Makes your purchase all the more clever. And I reckon the 986 and 996 have both reached their lowest values at this stage too

You're quite right about only a small percentage of cars suffering catastrophic engine failure because of IMS, what I read said it depends on the engine with it being very rare in the 2.5l (about 2%) but about 10% for 3.2l and 3.4l engines. These things are usually taken completely out of proportion (a bit like the BMW 4 cylinder diesel timing chain issue)

Caddyman

peteb2 wrote: »

So then when the car is parked up somewhere in a public place and someone asks for evidence of insurance, what are they going to provide? Cos if you are going to suggest fraud you may as well work it all the way through

Is that the same as a thing I heard of called 'fronting'? I was warned not to even consider it by my insurance company :eek:

peteb2

Caddyman wrote:

Is that the same as a thing I heard of called 'fronting'? I was warned not to even consider it by my insurance company

Far worse. Your car wouldn't be insured anywhere for fire and theft.

Caddyman

unkel wrote: »

I was wondering about your car having the Mezger engine. As I don't know much about it, I presumed it hadn't. Makes your purchase all the more clever. And I reckon the 986 and 996 have both reached their lowest values at this stage too

You're quite right about only a small percentage of cars suffering catastrophic engine failure because of IMS, what I read said it depends on the engine with it being very rare in the 2.5l (about 2%) but about 10% for 3.2l and 3.4l engines. These things are usually taken completely out of proportion (a bit like the BMW 4 cylinder diesel timing chain issue)

Yes I think the only way is up for the prices of the 986 and the 996

Most of these things like the IMS get a huge amount of publicity as the people it affects get very vocal on social media. All understandably I suppose as an engine rebuild in a 996 would cost £15-18k which is way more than the price of the car seeing as early 996 3.4s can be bought for sub £12K in the UK right now. :eek:

unkel

Bit of a personal question - feel free to ignore it completely

You had it checked out in Belfast, so I presume it's a UK reg car? How much was your VRT bill and did you get a quote before you imported? There are no Porsches on the VRT calculator web site :rolleyes:

I've sent emails to the VRT crowd before (back in the day before it was handled by NCT) and most of the time I got no reply back, which made it too risky for me to go ahead and import one

Caddyman

unkel wrote: »

Bit of a personal question - feel free to ignore it completely

You had it checked out in Belfast, so I presume it's a UK reg car? How much was your VRT bill and did you get a quote before you imported? There are no Porsches on the VRT calculator web site :rolleyes:

I've sent emails to the VRT crowd before (back in the day before it was handled by NCT) and most of the time I got no reply back, which made it too risky for me to go ahead and import one

Actually it started out as a UK car but came to Dublin 2 years later. I had it checked out in Belfast as I just had another turbo reconditioned there and have had two previous 911's that I owned serviced there and so I know the guys there really well and trust what they say! I had the car back up last Wednesday and had new discs and pads fitted to the rear plus several smaller items to leave it as close to perfect as I can manage.

I know the VRT is a hit and miss situation for anything that is not on the list already which is a load of crap but there you have it. I'd be very slow to take in a 911 turbo until this is rectified as you could be hit for God only knows what amount of money! :eek:

galwaytt

What year is the 911 - it might qualify for classic - my 2003 does, so my NCB is mirrored. There is a mileage restriction p.a. on it though. (6k)

galwaytt

Caddyman wrote: »

Yes I think the only way is up for the prices of the 986 and the 996

Most of these things like the IMS get a huge amount of publicity as the people it affects get very vocal on social media. All understandably I suppose as an engine rebuild in a 996 would cost £15-18k which is way more than the price of the car seeing as early 996 3.4s can be bought for sub £12K in the UK right now. :eek:

You'd get an n/a M96 engine rebuilt for Stg £7.5k now.

Caddyman

galwaytt wrote: »

What year is the 911 - it might qualify for classic - my 2003 does, so my NCB is mirrored. There is a mileage restriction p.a. on it though. (6k)

I was told it wasn't old enough (2002) plus its too high a class!

Caddyman

galwaytt wrote: »

You'd get an n/a M96 engine rebuilt for Stg £7.5k now.

Thanks for the info but I hope I never have to find out for real if I ever buy one of those cars

Caddyman

I just today cancelled the insurance policy I took out before Christmas as one of the companies I tried on the 22nd Dec came back with an offer of a standalone policy without the need for the Audi being insured with them plus it is now 'open drive' which means that anybody 30+ with a full licence can drive it and it will still be fully comp! And it's €200 cheaper! Happy Days!

unkel

Aren't you forgetting to mention something in there?

Caddyman

unkel wrote: »

Aren't you forgetting to mention something in there?

I did reply to you a few days ago on the VRT question if thats what you mean! Otherwise you'll have to spell it out as I'm recovering from the cold and my mind is gone soggy

unkel

I meant you didn't say which insurance company you signed up with now

Caddyman

unkel wrote: »

I meant you didn't say which insurance company you signed up with now

I don't think I mentioned any of them :pac:

PM me if you want the names of the broker and the insurance company

unkel

You mentioned you were gonna try Campions around the time? Did they do the trick for you?

Not for me anyway. I'm happily married to my broker First Ireland who provides me classic insurance (through AIG)

But I thought it might help others in your situation. Why not mention here who you got sorted with and how much you're paying? Unless it was some sort of hush hush deal you got

Caddyman

unkel wrote: »

You mentioned you were gonna try Campions around the time? Did they do the trick for you?

Not for me anyway. I'm happily married to my broker First Ireland who provides me classic insurance (through AIG)

But I thought it might help others in your situation. Why not mention here who you got sorted with and how much you're paying? Unless it was some sort of hush hush deal you got

There's no more hush hush in this country since Charlie & Bertie dropped off the scene :pac:

Ok for the sake of all you boards.ie folks thinking of buying a 911 turbo here's the best insurance deal I could get! I'm a male, 55 with a full Irish licence since 1978 with a full no claims bonus of 10+ years (I think they take 5 years into account) and no penalty points. After going round in circles (as you can read at the beginning of this thread) I ended up with a garage owner recommending me to Ben McArdle Insurances in Stillorgan business park in Blackrock (John McArdle is the man to talk to. He's into his own classic and sports cars!). He got me a standalone policy with a huge company (that I never heard of before) called Dual Private Client who got me fully comp insurance on a 2002 996 turbo with a €1,000 excess on a value of €60k and 'open driving' for any full licence holder over 35 which means they would have full comp as well while driving it for €1,040. They said they mirrored my existing no claims bonus on my everyday car!

Phew thats it! Let me know if thats enough info

PS.... Unkel, now it's your turn to give us the lowdown on your AIG policy

scotchy

ASFIK if you have a claim on either your existing policy or your new 911 then both your policies will be affected too.

.