Agreed value insurance

[indi pearl]

Update.
Thanks to all for their sugestions for agreed value cover.
I have now renewed with Hagerty. Agreed value of £30k (photo's and mileage confirmation), legal, uk and eu recovery, 3000 miles pa and wife allso covered as a driver(!) for £460. Very helpfull on the phone and straightforward documentation.

[PeterW]

Peter,

Have you tried A Plan or B-Wise both offered me an agreed value. You mentioned Admiral would not insure your car. We have a multi-car policy with 3 cars on it. When I wanted to add the NSX there was no problem. These insurance companies make no sense to me. Adrian Flux informed me the car was not old enough to be classed as a classic.

Kingsley

Hi Kingsley,

I was already far enough down the road with Adrian Flux that I didn't want to start with another company. I just heard back they accepted the value agreed I asked for, which was £25k. They just needed 7 photos. Premium's a bit higher than other posts, ~£600 for 5000 miles a year and including the wife. But as I mentioned in my previous post, I didn't find anybody else. Strange that I wasn't able to to get a quote from Competition Car Insurance, while other people have posted that they did. I checked my notes and confirm CCI wouldn't do agreed value for me. They were very helpful and referred me to another company Need2Insure, who were also helpful but very expensive.
Peter

[Chris B N]

Just changed to Hagarty, UK and EU recovery, agreed value at £25K, 3000 miles, £1500 glass and £100 excess, Wife and Son included as drivers £430. Better overall cover and £110 cheaper than renewal quote from Saga who in the past had always been competitive and had in the past insured all 3 cars with them.
Hagarty will be at Silverstone Classic and happy to chat. Understand they have quite a few NSX on their books.
Chris

[Kippers]

Hi Kingsley,

I was already far enough down the road with Adrian Flux that I didn't want to start with another company. I just heard back they accepted the value agreed I asked for, which was £25k. They just needed 7 photos. Premium's a bit higher than other posts, ~£600 for 5000 miles a year and including the wife. But as I mentioned in my previous post, I didn't find anybody else. Strange that I wasn't able to to get a quote from Competition Car Insurance, while other people have posted that they did. I checked my notes and confirm CCI wouldn't do agreed value for me. They were very helpful and referred me to another company Need2Insure, who were also helpful but very expensive.
Peter

I've been with Competition Car Insurance for the last two years (thanks to this site) but this year their underwriters, Aviva, have decided not to allow cars that are the primary vehicle so I've had to start trawling the "agreed value" car insurance companies – without much luck so I need some advice/help/reassurance please!
My NSX is an 02 plate so not regarded as a “classic” plus it’s my only car, albeit doing less than 5k miles a year. I’d been advised (by a friend, based on??) to go for an agreed value of £30k (it’s a standard manual, 40k miles).

This combination meant that Hagerty, Performance Direct, Footman James, Be Wiser, Keith Michaels couldn’t help.

A-Plan came up with Hiscox for a premium of £1000 then Adrian Flux quoted £645 for a quote underwritten by Markerstudy. I have one more company to try, Mayfair Insurance, but then I run out of ideas.

Is Adrian Flux okay as I’ve read some interesting reviews of them on the internet (however, one can find complaints about all of them I guess)? Does anyone have any further recommendations of companies to check?

Any help much appreciated!
Karen

[Sudesh]

I've been with Competition Car Insurance for the last two years (thanks to this site) but this year their underwriters, Aviva, have decided not to allow cars that are the primary vehicle so I've had to start trawling the "agreed value" car insurance companies – without much luck so I need some advice/help/reassurance please!
My NSX is an 02 plate so not regarded as a “classic” plus it’s my only car, albeit doing less than 5k miles a year. I’d been advised (by a friend, based on??) to go for an agreed value of £30k (it’s a standard manual, 40k miles).

This combination meant that Hagerty, Performance Direct, Footman James, Be Wiser, Keith Michaels couldn’t help.

A-Plan came up with Hiscox for a premium of £1000 then Adrian Flux quoted £645 for a quote underwritten by Markerstudy. I have one more company to try, Mayfair Insurance, but then I run out of ideas.

Is Adrian Flux okay as I’ve read some interesting reviews of them on the internet (however, one can find complaints about all of them I guess)? Does anyone have any further recommendations of companies to check?

Any help much appreciated!
Karen

You £30k agreed value is too low in my opinion. If you had to replace that car today, Id be surprised if £40k would buy one. A cat D [damaged] facelift car sold for around £30k.

As for other advise on Insurance, I can't really help as I have a fleet policy and also classic insurance.

[Silver Surfer]

I would agree with Sudesh ..for a 02+ Imola..I would say a minimum of £50K as the last 4 02+ NSX sold for around that price.
I have been with Adrian Flux for 3 years 2 years ago with my RS4..the were competitive for the 1st year but will try to pull a fast one on year 2 etc. Fortunately I did not need to claim so can't comment whether when their claims department is any good.
There is a Pistonheads threadon PH with people post comments and interact with a guy called Ash.
I would suggest go for it and get insured and then spend the next year to find another insurer.

SS

[Kippers]

You £30k agreed value is too low in my opinion. If you had to replace that car today, Id be surprised if £40k would buy one. A cat D [damaged] facelift car sold for around £30k.

As for other advise on Insurance, I can't really help as I have a fleet policy and also classic insurance.

Apologies, I should have mentioned that mine is a Cat D (damage) too - interestingly it was while Honda still owned the car! Thank you for the swift reply and advice.

[Kippers]

I would agree with Sudesh ..for a 02+ Imola..I would say a minimum of £50K as the last 4 02+ NSX sold for around that price.
I have been with Adrian Flux for 3 years 2 years ago with my RS4..the were competitive for the 1st year but will try to pull a fast one on year 2 etc. Fortunately I did not need to claim so can't comment whether when their claims department is any good.
There is a Pistonheads threadon PH with people post comments and interact with a guy called Ash.
I would suggest go for it and get insured and then spend the next year to find another insurer.

SS

Again, apologies ref the Cat D bit, completely forgot to mention it. Guess that's why the £30k was mentioned to me rather than £40k+!

As to the insurance comments, many thanks, really appreciate your advice and I will check out the Pistonheads thread too..

Thanks again to you and Sudesh,
Karen

[Senninha]

Apologies, I should have mentioned that mine is a Cat D (damage) too - interestingly it was while Honda still owned the car! Thank you for the swift reply and advice.

That would make it a red one? Hope you're enjoying it ... In my opinion you would struggle to replace your car even with another catD at £30k so would position mid 30's

welcome to NSXCB

regards, Paul

[Sudesh]

Ah right! That adds a bit more light to it, but as Paul said, would be still be hard to replace like for like, at £30k today.