Best Insurance Broker for Performance Cars?

Zascar · 07-06-2009 8:30pm #1

I have a 2002 Honda Civic Type R - unfortunately one of the cars the insurance companies love to hate most. When I got it the only insurance company that would touch me was XS Direct. I'm 28, I paid €1,000 in year one and two. However it's up and despite the extra no claims bonus my insurance has gone up over 20% with them. Strange cause a friend is also with them has a Jag, he has had a write off claim, yet his insurance went down by 15% - doesn't make any sense!

Last time I 'shopped around' i called 5 companies and none would even quote me. Does anyone know any brokers that specialise in finding quote for cars like mine?

pablosd · 07-06-2009 9:00pm

try quoteline.ie, or http://quoteclub.ie/ they mite give a quote, u have to try everywhere...

bazz26 · 07-06-2009 9:02pm

Try St. Paul's Travellers:

http://www.travelers.ie/

Graham_B18C · 07-06-2009 9:04pm

ARB insurance does high power stuff, if its not an import then First Ireland too

DanGerMus · 07-06-2009 10:48pm

www.123.ie

Travellers/St.Pauls are there under writers. 950 for a 4.2l Audi S6 27 2 years NCB.

Zascar · 07-06-2009 10:57pm

Thanks, just tried them - when I put in my car it just says "Sorry we cannot quote you at this time". I can change it to a BMW M3 or Porsche Boxter and I get quotes cheaper than I am paying now

unkel · 07-06-2009 11:30pm

Zascar wrote: »

I have a 2002 Honda Civic Type R - unfortunately one of the cars the insurance companies love to hate most.

Insurance companies do not hate any particular car. They base their quotes only on hard (actuarial / statistic / insert other fancy term) facts. Fact is that an average Type R driver is a very young boy racer quite likely to cause a massive accident leading to major pay out to victims

Of course the outcome of this (very high insurance cost) is harsh for a very safe driver who owns a car deemed to be high risk....

Zascar · 07-06-2009 11:32pm

Thing is they are very rare cars in Ireland - its not very often at all that I see one around... It's not like every little nacker in Ireland has one...

L1011 · 08-06-2009 12:40am

Zascar wrote: »

Thing is they are very rare cars in Ireland - its not very often at all that I see one around... It's not like every little nacker in Ireland has one...

That can work out worse...

Mr.Boots · 08-06-2009 12:48am

Insurance companies often undercut eachother for the first year or two but once they have you hooked as such they raise your premium.
This is common practice with some companies.
i found Hibernian good when i had a high performance car a few years ago.
just spen an hour ringing round....its easy enough and youll get great satisfaction.

FearDark · 08-06-2009 12:49am

Zascar wrote: »

Thing is they are very rare cars in Ireland - its not very often at all that I see one around... It's not like every little nacker in Ireland has one...

Well, I see what you did there anyway, even if nobody else did!

Henry Ford III · 08-06-2009 7:41am

bazz26 wrote: »

Try St. Paul's Travellers:

http://www.travelers.ie/

They don't deal direct with the public. You must use a broker.

Anan1 · 08-06-2009 8:19am

Zascar wrote: »

Thanks, just tried them - when I put in my car it just says "Sorry we cannot quote you at this time". I can change it to a BMW M3 or Porsche Boxter and I get quotes cheaper than I am paying now

I'd forget about online quotes and ring around - the results tend to be much better.

DaveD · 08-06-2009 12:32pm

Zascar wrote: »

Thanks, just tried them - when I put in my car it just says "Sorry we cannot quote you at this time". I can change it to a BMW M3 or Porsche Boxter and I get quotes cheaper than I am paying now

Ring 123 and they'll quote you.

Or as mentioned try Travelers insurance (who also underwrite 123), they specialise in high performace cars, you have to go through a broker though.

Zascar · 08-06-2009 12:54pm

Just tried 123 this morning and they said they cannot quote me.
What brokers are good to go through Travellers etc?

I currently use www.Arachas.ie which used to be Wright Group in Wexford. They said XS Direct was the cheapest...

Barr · 08-06-2009 1:10pm

I was in the same position a few years back trying to get cover on an FTO. I gave this crowd a call http://www.brittoninsurance.com/ and they gave me a decent quote over the phone .

Zascar · 08-06-2009 1:23pm

Thanks, just filled in their online form and get this: Same details, same company - XS Direct, same 4k excess, but their Quote is €1,018. €200 cheaper than the quote I got through my broker I've been using for 3 years.

Unortunately I have already gone ahead with the other one - cause my insuranace was up that day and I was not going to drive without it. Is there a cooling off period where I can cancel? If so I can swap over and save myself over €200. Or maybe they will refund me? What do you think?

Barr · 08-06-2009 1:29pm

I think there a 10 or 14 day cooling off period with most policies where u can get a full refund.

Zascar · 08-06-2009 1:31pm

Just called XS Direct themselves and they quoted me €933!!!
Dam Arachas ripping me off!!! They are about to get an earfull!!

Barr · 08-06-2009 1:35pm

Arachas are giving themselves a nice commision , f**king ripoff

Zascar · 08-06-2009 1:37pm

They claimed ignorance and said that XS Driect themselves raised prices by 10%-15%
I told him I want to cancel and get a refund, he said he'll have to check and call me back.
They better not try to screw me on this...

Barr · 08-06-2009 1:40pm

How long has it been since you took out the policy ?

Zascar · 08-06-2009 1:42pm

Only a few days... was some time last week..

Zascar · 08-06-2009 1:45pm

OK they called me back and they said they would match it - phew.

It pays to shop around people!

Barr · 08-06-2009 1:47pm

You should be fine - theres a timeframe recommended by the Financial Regulator to Insurance companies they have to adhere to .

Matt Simis · 08-06-2009 3:01pm

Zascar wrote: »

OK they called me back and they said they would match it - phew.
It pays to shop around people!

Good result.

Barr · 08-06-2009 4:54pm

Its amazing the variation on pricing by just going through a different channel. It was all xs direct after all. Well done.

Funxy · 08-06-2009 5:19pm

DaveD wrote: »

Or as mentioned try Travelers insurance (who also underwrite 123), they specialise in high performace cars, you have to go through a broker though.

I would have to add another for travelers insurance. They gave me the best deal by far!

Anan1 · 17-06-2009 4:11pm

I've just called a broker for a quote with Travelers, they'll get back to me tomorrow. I generally find Hibernian cheapest as they give me 30% for my IAM license, but they've gone up by 20% this year. Still the cheapest quote so far though; we'll see what Travelers say.

Ferris · 17-06-2009 4:16pm

Sorry if i'm repeating myself as I have made this recommendation before but myself and some mates find First Ireland very good for performance cars.

marknoonan1974 · 18-06-2009 1:08pm

pablosd wrote: »

try quoteline.ie, or http://quoteclub.ie/ they mite give a quote, u have to try everywhere...

The car insurance section is not available anymore, does anybody know why? It was a very good service for getting motor quotes, saved a load of time.

Anan1 · 18-06-2009 2:00pm

Just heard back, apparently Travelers don't quote for Subaru and don't offer open driving. Looks like i'll be renewing with Hibernian so.

marknoonan1974 · 18-06-2009 2:17pm

Anan1 wrote: »

Just heard back, apparently Travelers don't quote for Subaru and don't offer open driving. Looks like i'll be renewing with Hibernian so.

Thats strange, did you try on quoteline.ie?

Anan1 · 18-06-2009 3:34pm

marknoonan1974 wrote: »

Thats strange, did you try on quoteline.ie?

I did, i've tried everyone I can think of at this stage. Best quote was Hibernian, €560 comp on a Subaru Forester 2.5XT including full bonus protection and open driving. Quite a few won't do open drive. Second best was FBD, €775, all the others were in the €850-€1200 range. Hibernian initially wanted €696, but I brought them down in stages to €560. Last year they charged me €525ish for the same cover.

marknoonan1974 · 18-06-2009 4:34pm

Anan1 wrote: »

I did, i've tried everyone I can think of at this stage. Best quote was Hibernian, €560 comp on a Subaru Forester 2.5XT including full bonus protection and open driving. Quite a few won't do open drive. Second best was FBD, €775, all the others were in the €850-€1200 range. Hibernian initially wanted €696, but I brought them down in stages to €560. Last year they charged me €525ish for the same cover.

Thats not to bad, lots of people are getting 20% increases.

daRobot · 18-06-2009 4:53pm

Pretty happy with Travellers.

730 on the ST, Fully comp & Protected NCB.

tytlak · 30-06-2009 11:23am

daRobot wrote: »

Pretty happy with Travellers.

730 on the ST, Fully comp & Protected NCB.

I got 1090 euros for excellent fully comp from 123.ie[FONT=&quot] underwritten by Travelers Insurance Group. Only First Ireland was close enough at 1250 euro. I asked them if they can beat this quote from 123.ie they said they were not in the market for that price!!

I am in late 20's, 1 year bonus and high performance car. Other companies wanted to charge me between 1700-2500.[/FONT][FONT=&quot]
[/FONT]
I talked to a few brokers and they said they could not match or beat the quote from 123.ie in general. They are by far the cheapest in the market at the moment.

Tragedy · 30-06-2009 11:31am

I've found brittons will almost always match any other quote you get. There online prices aren't as competitive as they used to be, but they'll drop prices quite quickly on the phone when you give them other quotes.

tytlak · 30-06-2009 11:38am

Tried them too. They didnt want to match 123.ie quote and even First Ireland one. Gave me 1700 full comp and couldnt get any cheaper.

Tragedy · 30-06-2009 11:42am

Weird, they matched 123 for me. Came down €200!

tytlak · 30-06-2009 11:49am

actually I will give them a call. I didnt have a quote from 123.ie in the morning when talked to Britton. They said they won't match First Ireland and their quote was 1924 euros. I have time till 4pm to decide.

Can they beat the quote from123 or just match it?

tooler7 · 30-06-2009 11:53am

Lads Britton are brilliant im 21 2yrs ncb on a Honda Prelude 2.2vti 1998 for 1800 and last year i was paying 3500 on a 1.4 Honda Civic no body would quote me except for them and they are a very nice crowd aswell. Just ring them i was declined online but rang after and they said they will call me back in a few days and that was it

Graham_B18C · 30-06-2009 4:47pm

tooler7 wrote: »

Lads Britton are brilliant im 21 2yrs ncb on a Honda Prelude 2.2vti 1998 for 1800 and last year i was paying 3500 on a 1.4 Honda Civic no body would quote me except for them and they are a very nice crowd aswell. Just ring them i was declined online but rang after and they said they will call me back in a few days and that was it

Whats your excess on that?

MetzgerMeister · 09-07-2009 3:10pm

In December 2007 I was looking for quotes for a JDM Mazda RX-8 250bhp. I was 21 with 3 years NCB and no penalty points. Here's how it went:

FirstQuote - €2500
Quinn Direct - no quote
FBD - no quote
123.ie - no quote
Hibernian - €4500
AXA - no quote

Needless to say I went with FirstQuote. After a year I got my renewal and it had GONE UP to €2750. I got onto them and tried to sort it out. No luck. Again I shopped around but only got dearer and dearer quotes. When I rang FBD they recommended Aaran Insurances. I rang them and got a quote for €2100. I haggled a bit (playingly) and got it down to €1960.

Aaran are good. A few minutes ago I got an online quote from Britton due to what I saw on this thread. €2050. I like it!

It really does pay to shop around and NEVER take the first quote you like the sound of!

MetzgerMeister · 10-12-2009 2:22pm

Ferris wrote: »

Sorry if i'm repeating myself as I have made this recommendation before but myself and some mates find First Ireland very good for performance cars.

Thanks for the info. The cheapest I could get my renewal down to through Aaran Ins. this year is €1870. Just rang First Ireland and got it down to €1550. Cheers mate!

Joe 90 · 11-12-2009 2:41pm

Don't know if this is of any help but I an insured with a UK outfit called A Plan. £325 for an Exige, OK in ancient but still bloody good. When I was heading for Ireland last summer I called to check that I was insured for Ireland. The answer was 'Yes, 365 days a year'. Apparantly some of the underwriters they use provide EU wide cover as a matter of course so could be worth trying them.

Best Insurance Broker for Performance Cars?

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