Insurance costs once modified - GT-R Register - Official Nissan Skyline and GTR Owners Club forum

leegtr · 29th April 2003, 07:06 AM

Hi Guys and Girls,

I have a stock R33 GTR and want to do the stage one mods, I.e. 1 bar boost, Exhaust and Air filters.

Once I have done this I was wondering what happens to the insurance costs or are these mods that the insurance companies would not be interested in

Thanks in advance for your views.

Lee

kingsley · 29th April 2003, 08:02 PM

I bought my GTR with stage 1 mods already. Quotes from people like Direct Line went up from about £1000 to about £1300 for a 22% power increase.

Liverpool Victoria just have an "engine modifications" box that they tick, regardless of what you have done. This means that they become increasingly better value the more powerful your car becomes

Fuggles · 29th April 2003, 08:04 PM

I've found the same thing with LV. They asked me if I'd modified the carburettors

. They didn't even ask about brakes

weka · 30th April 2003, 11:49 AM

I've changed to them this year and am happy with them so far specially when they cover trackdays as well.

In addition to the low premium (2/3 less than last year) they said there won't be any more increase if I upp the power as long as I tell them when its done.

polarbearit · 30th April 2003, 12:16 PM

Do LV offer unlimited track day cover or just one offs at a cost each? How much extra was it?

Cheers

weka · 30th April 2003, 12:24 PM

Well, they are going to cover my next one at no extra cost!

If everything goes OK I assume its unlimited.

zbloke · 30th April 2003, 01:50 PM

Hi
When I insured my Skyline with Liverpool Victoria last week they told me they had changed the way they give quotes , modifications where not taken into account anymore and neither where security features

leegtr · 1st May 2003, 11:52 AM

Thanks for your help guys,

unfortunatly I will have to give LV a miss due to my age of 25, which is a shame because it sounds like a very good option.

I have however been in contact with my current company (direct line) and they seem to be not to bad on mods (i.e. about £450 extra for stage 1 and lowering the car) so looks like I will stick with them.

Cheers

Lee

29th April 2003, 07:06 AM	#1 (permalink)
leegtr GTROC Member Join Date: Mar 2003 Location: Essex Posts: 332	Insurance costs once modified Hi Guys and Girls, I have a stock R33 GTR and want to do the stage one mods, I.e. 1 bar boost, Exhaust and Air filters. Once I have done this I was wondering what happens to the insurance costs or are these mods that the insurance companies would not be interested in Thanks in advance for your views. Lee

30th April 2003, 11:49 AM	#4 (permalink)
weka GTR Register Member Join Date: Jul 2001 Location: London Posts: 1,453	Liverpool Victoria I've changed to them this year and am happy with them so far specially when they cover trackdays as well. In addition to the low premium (2/3 less than last year) they said there won't be any more increase if I upp the power as long as I tell them when its done.

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29th April 2003, 08:02 PM	#2 (permalink)
kingsley GTR Register Member Join Date: Aug 2002 Location: West Surrey Posts: 1,801	I bought my GTR with stage 1 mods already. Quotes from people like Direct Line went up from about £1000 to about £1300 for a 22% power increase. Liverpool Victoria just have an "engine modifications" box that they tick, regardless of what you have done. This means that they become increasingly better value the more powerful your car becomes

29th April 2003, 08:04 PM	#3 (permalink)
Fuggles GTROC Chairman Join Date: Jul 2001 Location: UK Posts: 16,936	I've found the same thing with LV. They asked me if I'd modified the carburettors . They didn't even ask about brakes

30th April 2003, 12:16 PM	#5 (permalink)
polarbearit GTR Register Member Join Date: Dec 2001 Location: Wiltshire Posts: 1,636	Do LV offer unlimited track day cover or just one offs at a cost each? How much extra was it? Cheers

30th April 2003, 12:24 PM	#6 (permalink)
weka GTR Register Member Join Date: Jul 2001 Location: London Posts: 1,453	Well, they are going to cover my next one at no extra cost! If everything goes OK I assume its unlimited.

30th April 2003, 01:50 PM	#7 (permalink)
zbloke GTROC Member Join Date: Jan 2003 Location: Derbyshire UK Posts: 223	Hi When I insured my Skyline with Liverpool Victoria last week they told me they had changed the way they give quotes , modifications where not taken into account anymore and neither where security features

1st May 2003, 11:52 AM	#8 (permalink)
leegtr GTROC Member Join Date: Mar 2003 Location: Essex Posts: 332	Thanks for your help guys, unfortunatly I will have to give LV a miss due to my age of 25, which is a shame because it sounds like a very good option. I have however been in contact with my current company (direct line) and they seem to be not to bad on mods (i.e. about £450 extra for stage 1 and lowering the car) so looks like I will stick with them. Cheers Lee