480 as part of multicar insurance?
Moderators: jifflemon, coyote1980, Rachel
480 as part of multicar insurance?
HI there,
Do any of you run your 480 as your fun or spare car? My insurer wont count my no claims against a 2nd car so I'm a bit stuck on whats best to do- get a multi car policy which dont seem too cheap, or get a new policy and build up a new n/c which would be the best bet longer term.
Any ideas?
Best
Tim
Do any of you run your 480 as your fun or spare car? My insurer wont count my no claims against a 2nd car so I'm a bit stuck on whats best to do- get a multi car policy which dont seem too cheap, or get a new policy and build up a new n/c which would be the best bet longer term.
Any ideas?
Best
Tim
- jamescarruthers
- 480 Is my middle name
- Posts: 2505
- Joined: Mon Jul 07, 2003 3:19 pm
- Location: Cambridge
Re: 480 as part of multicar insurance?
Try getting it on stand alone Classic Car insurance. I pay peanuts to Footman James, but Lancaster and Carole Nash do it too, and many more I'm sure.
Note, you don't accrue any no-claims-bonus with Classic insurance, but it doesn't really matter as it starts off cheap. It only affected me when I bought my first ever modern car last year and had zero NCB to play with. You sound like you'll be okay with that as you are building NCB on your other car.
Note, you don't accrue any no-claims-bonus with Classic insurance, but it doesn't really matter as it starts off cheap. It only affected me when I bought my first ever modern car last year and had zero NCB to play with. You sound like you'll be okay with that as you are building NCB on your other car.
1987 Volvo 480 ES, 507274, 217 - Red (Ness)
2006 Citroen C6 Exclusive 3.0 petrol/LPG
2008 Mini Cooper convertible (Mau)
Previous 480's:
J123 CFU -- ES
J449 MNL -- ES auto
D864 CPV -- ES
L691 JFC -- Turbo
F70 MNR -- ES
H858 FGV -- Turbo auto
E981 KHM -- ES (509849)
2006 Citroen C6 Exclusive 3.0 petrol/LPG
2008 Mini Cooper convertible (Mau)
Previous 480's:
J123 CFU -- ES
J449 MNL -- ES auto
D864 CPV -- ES
L691 JFC -- Turbo
F70 MNR -- ES
H858 FGV -- Turbo auto
E981 KHM -- ES (509849)
Re: 480 as part of multicar insurance?
I have mine on classic car insurance as well - as James says there's no NCB and the terms are limited (as to use, mileage etc) but it is cheap and I have a decent agreed value for the car.
Leaving aside the 480, we have two cars in the household, one insured in my name and one in my wife's, so we both have our NCBs on those. I looked into multi-car but the way we do it worked out better overall, and avoided leaving the 480 as being worth peanuts (probably) at market value should the worse happen to it.
David
Leaving aside the 480, we have two cars in the household, one insured in my name and one in my wife's, so we both have our NCBs on those. I looked into multi-car but the way we do it worked out better overall, and avoided leaving the 480 as being worth peanuts (probably) at market value should the worse happen to it.
David
Current: 1994 480 GT, 1996 460 CD & 1997 440 LE with lots of optional extras & 2007 V50 SE Sport
Previous: Celebration 331 (re-homed with Richard S), Celebration 467 (returned to Martin Mc); Celebration 346 (re-homed with Alan480); Celebration 269 (scrapped abandoned project), Celebration 73 (sold on after 6 years), 1992 ES, 1988 ES - and numerous other non-480 Volvos!
Previous: Celebration 331 (re-homed with Richard S), Celebration 467 (returned to Martin Mc); Celebration 346 (re-homed with Alan480); Celebration 269 (scrapped abandoned project), Celebration 73 (sold on after 6 years), 1992 ES, 1988 ES - and numerous other non-480 Volvos!
Re: 480 as part of multicar insurance?
Yet another vote for classic - The turbo cost me £150! I honestly didn't even bother to try and compare prices!
Re: 480 as part of multicar insurance?
another vote for Classic policy. approx £120 for the SS1, 1500miles per year , garaged, agreed value (less than £10k no need for engineers/ third party inspection etc)
although the company I'm with for the other cars won't let me put the 480 onto classic as the wife's job is a a relief for the education dept they won't accept that as 'normal commuting'
although the company I'm with for the other cars won't let me put the 480 onto classic as the wife's job is a a relief for the education dept they won't accept that as 'normal commuting'
Alan
480 ES 2litre 'Celebration' ? , C30 1.8ES, SS1
480 ES 2litre 'Celebration' ? , C30 1.8ES, SS1
- dragonflyjewels
- 480 Is my middle name
- Posts: 1588
- Joined: Sat Dec 18, 2010 10:38 am
- Location: Norfolk
Re: 480 as part of multicar insurance?
Yep, ours are all on classic as well. Who'd be happy with tuppence for a write off value ? Ours were all around £150, all with 5000 miles per year and not required to be in a locked garage (just as well, we have 4 480s and only 2 garages) The turbos are agreed at 3k each, 2.5 for the GT (high mileage and more work needed on it) 2k for the ES. Did ours through Carole Nash.
Sylvia
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
-
- Advanced 480 rookie
- Posts: 561
- Joined: Thu Apr 06, 2017 8:11 pm
Re: 480 as part of multicar insurance?
I got it wrong with Skip. I think it is on multiple car cover but market value. I am gonna get screwed, need to look into this asap.
1993 Turbo auto called Skip for the important stuff
2011 Juke 190 for everything else
2011 Juke 190 for everything else
-
- Can tell where the 480 was built
- Posts: 355
- Joined: Tue Dec 04, 2012 7:33 pm
- Location: Derbyshire
Re: 480 as part of multicar insurance?
Another vote for classic insurance.
£140 for 5000 miles and kept on the driveway, didn’t have agreed value thought.
Will be doing agreed value once restoration is complete and back on the road.
£140 for 5000 miles and kept on the driveway, didn’t have agreed value thought.
Will be doing agreed value once restoration is complete and back on the road.
Not sure you can do this, but could be wrong.timrosser wrote:....or get a new policy and build up a new n/c which would be the best bet longer term.
Current:
480 ES Auto 1989
480 Celebration 187
480 ES Auto 1991
CLK430 Conv 2001
Hyundai i10 2015
480 ES Auto 1989
480 Celebration 187
480 ES Auto 1991
CLK430 Conv 2001
Hyundai i10 2015
- dragonflyjewels
- 480 Is my middle name
- Posts: 1588
- Joined: Sat Dec 18, 2010 10:38 am
- Location: Norfolk
Re: 480 as part of multicar insurance?
For classic insurance you have to have another car on ordinary insurance for everday use, so that one accumulates the NCB.
Sylvia
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
Re: 480 as part of multicar insurance?
Yep - as long as you've got another car as a daily use car, then I'd down this route asap. Mine is about £130 and kept on the driveway.frenchfries wrote:I got it wrong with Skip. I think it is on multiple car cover but market value. I am gonna get screwed, need to look into this asap.
Looking at figures being mentioned here and seeing what some 480s are being put up for sale at these days (whether they fetch the money is, of course, another matter) I need to increase my agreed value on renewal methinks; it is currently at £2,500...
David
Current: 1994 480 GT, 1996 460 CD & 1997 440 LE with lots of optional extras & 2007 V50 SE Sport
Previous: Celebration 331 (re-homed with Richard S), Celebration 467 (returned to Martin Mc); Celebration 346 (re-homed with Alan480); Celebration 269 (scrapped abandoned project), Celebration 73 (sold on after 6 years), 1992 ES, 1988 ES - and numerous other non-480 Volvos!
Previous: Celebration 331 (re-homed with Richard S), Celebration 467 (returned to Martin Mc); Celebration 346 (re-homed with Alan480); Celebration 269 (scrapped abandoned project), Celebration 73 (sold on after 6 years), 1992 ES, 1988 ES - and numerous other non-480 Volvos!
- dragonflyjewels
- 480 Is my middle name
- Posts: 1588
- Joined: Sat Dec 18, 2010 10:38 am
- Location: Norfolk
Re: 480 as part of multicar insurance?
Yep, £2.5 surely isn't enough for yours David. Be worth seeing what the ebay one eventually goes for.
Sylvia
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
Snazzy - 1993 Paris Blue ES red dipstick 2.0i bought 2001
Lethal Lily - 1991 White Turbo
Paris the Unicorn - 1991 Paris Edition
hubby has
Sven - 1994 Racing Green GT
Evil Eva - 1992 Paris Blue Turbo
no previous 480s - can't bear to sell any
-
- Advanced 480 rookie
- Posts: 561
- Joined: Thu Apr 06, 2017 8:11 pm
Re: 480 as part of multicar insurance?
Right
Moved over to Lancaster Insurance for Skip, the agreed valuation is £3,500. Better than "market value" with Churchill
Moved over to Lancaster Insurance for Skip, the agreed valuation is £3,500. Better than "market value" with Churchill
1993 Turbo auto called Skip for the important stuff
2011 Juke 190 for everything else
2011 Juke 190 for everything else