The truth, the whole truth and nothing but the truth.... - GT-R Register - Official Nissan Skyline and GTR Owners Club forum

Peter · 19th September 2002, 02:51 PM

So what have you told your insurance company about the modifications to your car?

Lucky it's an anonymous poll.

R2CH · 19th September 2002, 03:34 PM

Used to cost a fortune until i discovered traders policy! Now i dont have to tell them anything, just get in and drive!

jae · 19th September 2002, 04:25 PM

Liverpool Victoria, wonderful people. I have always declared the lot, but did so with reservations over the induction on the GT-R. Cost me a extra £8.99 from August to my renewal in December.
Note, the schedule of facts just states "Engine/Carburettor modifications". That's a pretty big umbrella clause.

The thing I've found with previous insurers that kills the quote is the ubiquitous "bad claims experience". If a load of t****rs try to fly or pass through walls, the remaining folks with the same type of vehicle get to carry the financial can, or worst case, the company starts refusing that type of car.

Luke Emmott · 19th September 2002, 05:34 PM

I'll say sorry now then

Luke

jae · 20th September 2002, 06:21 AM

Luke, you're granted dispensation as you obviously don't drive with your baseball cap on backwards and the seat so low you can barely see over the wheel.

Fred · 20th September 2002, 07:43 AM

How much do you pay for a traders policy and who is it with?

thanks

R2CH · 20th September 2002, 10:53 AM

The brokers are Psicos (interesting name) 0870 066 0096 or www.psicos.com

Cost for me is £1500 giving me access to anything between £0-£25000 fully comp and anything £25001-£50000 Third party fire and theft including Jap imports.

I know some of you can insure for less than that but i have 5 cars between me and the wife so this works out so much cheaper!

Luke Emmott · 20th September 2002, 01:02 PM

Do you have to own alot of cars to get the policy???
It's just that my renewal next year is gonna be a killer so am looking at other options. Also insuring it as a classic interests me too.
Have you had to make a claim on it??? Were there any probs???

Luke

R2CH · 20th September 2002, 01:40 PM

No claims as yet!

Application is dead easy. No difficult stuff, just explained that although i work in IT i buy and sell the odd car here and there effectivly making me a part time motor dealer. As far as i can see from the policy, there is no limit to the number of motors.

InsBro · 25th September 2002, 09:26 PM

Don't want to put a damper on this (we do motortrade policies) but you do have to be trading of some description, buying and selling 5 cars a year is enough for some companies.

BUT If the worst happens you may only be paid out TRADE price.

Also modifications are not automatically covered on the majority of policies - the terms of the policy are written slightly different to a standard motor policy, they can make it a material fact if you change anything on the car you will have to tell them.

Be aware also that some road risks policies dont cover the cars at the trade premises (home address if you work from home) or within 1/4 of a mile of these premises if parked/stolen

If you want anymore info mail me

Jeremy

R2CH · 26th September 2002, 08:54 AM

All points covered in my policy including the 1/4 mile theft thing.

Jodi_the_g · 15th October 2002, 09:48 PM

I have trade so it don't matter how many mods I have

gtr killer · 19th October 2002, 08:36 AM

just testing here

polarbearit · 19th October 2002, 09:45 AM

Mods currently declared, BUT I suspect next year I'll go for a traders policy, I often change cars and always pay trade for them, so does £1500 cover you for everything? Do you have to have trade plates to get these policies? My dream of two GTRs looks closer now

uk_skyman · 7th November 2002, 06:53 PM

Who knows exactly what the standard spec is, if its come from japland with no list as to whats been done internally, ie turbo injectors,cc etc. are the insurance companies expecting us to strip the car apart to see? dont think so.......

I've told them its come from japan and ive done nothing to it here, so what do you want me to provide as far as spec list....

This they replied "ok sir so its a skyline what? we have no gts on our system" so im insured as a standard gtr wih no hassles

Dean

View Poll Results: How many of the modifications to your car have you divulged to your insurers.
No mods, standard car.	72	17.91%
Full details of mods divulged.	157	39.05%
Part of the story.	106	26.37%
None of their business!	67	16.67%
Voters: 402. You may not vote on this poll

19th September 2002, 02:51 PM	#1 (permalink)
Peter GTR Register Member Join Date: Jun 2001 Location: East Sussex. Posts: 9,028	The truth, the whole truth and nothing but the truth.... So what have you told your insurance company about the modifications to your car? Lucky it's an anonymous poll.

19th September 2002, 03:34 PM	#2 (permalink)
R2CH GTR Register Member Join Date: May 2002 Location: Tunbridge Wells Posts: 70	Used to cost a fortune until i discovered traders policy! Now i dont have to tell them anything, just get in and drive! __________________ Grab it's ring, keep your bag up!

19th September 2002, 04:25 PM	#3 (permalink)
jae New Users Join Date: Aug 2002 Location: West Sussex Posts: 2,204	Da truth Liverpool Victoria, wonderful people. I have always declared the lot, but did so with reservations over the induction on the GT-R. Cost me a extra £8.99 from August to my renewal in December. Note, the schedule of facts just states "Engine/Carburettor modifications". That's a pretty big umbrella clause. The thing I've found with previous insurers that kills the quote is the ubiquitous "bad claims experience". If a load of t****rs try to fly or pass through walls, the remaining folks with the same type of vehicle get to carry the financial can, or worst case, the company starts refusing that type of car.

19th September 2002, 05:34 PM	#4 (permalink)
Luke Emmott GTR Register Member Join Date: Jan 2002 Location: Kent Posts: 1,180	Tors* I'll say sorry now then Luke

20th September 2002, 06:21 AM	#5 (permalink)
jae New Users Join Date: Aug 2002 Location: West Sussex Posts: 2,204	Treeer Luke, you're granted dispensation as you obviously don't drive with your baseball cap on backwards and the seat so low you can barely see over the wheel.

20th September 2002, 07:43 AM	#6 (permalink)
Fred GTR Register Member Join Date: Oct 2001 Location: London Posts: 648	R2CH How much do you pay for a traders policy and who is it with? thanks

20th September 2002, 10:53 AM	#7 (permalink)
R2CH GTR Register Member Join Date: May 2002 Location: Tunbridge Wells Posts: 70	The brokers are Psicos (interesting name) 0870 066 0096 or www.psicos.com Cost for me is £1500 giving me access to anything between £0-£25000 fully comp and anything £25001-£50000 Third party fire and theft including Jap imports. I know some of you can insure for less than that but i have 5 cars between me and the wife so this works out so much cheaper! __________________ Grab it's ring, keep your bag up!

20th September 2002, 01:02 PM	#8 (permalink)
Luke Emmott GTR Register Member Join Date: Jan 2002 Location: Kent Posts: 1,180	Traders policy Do you have to own alot of cars to get the policy??? It's just that my renewal next year is gonna be a killer so am looking at other options. Also insuring it as a classic interests me too. Have you had to make a claim on it??? Were there any probs??? Luke

20th September 2002, 01:40 PM	#9 (permalink)
R2CH GTR Register Member Join Date: May 2002 Location: Tunbridge Wells Posts: 70	No claims as yet! Application is dead easy. No difficult stuff, just explained that although i work in IT i buy and sell the odd car here and there effectivly making me a part time motor dealer. As far as i can see from the policy, there is no limit to the number of motors. __________________ Grab it's ring, keep your bag up!

25th September 2002, 09:26 PM	#10 (permalink)
InsBro GTR Register Member Join Date: Jul 2002 Location: Stoke on Trent Posts: 83	Don't want to put a damper on this (we do motortrade policies) but you do have to be trading of some description, buying and selling 5 cars a year is enough for some companies. BUT If the worst happens you may only be paid out TRADE price. Also modifications are not automatically covered on the majority of policies - the terms of the policy are written slightly different to a standard motor policy, they can make it a material fact if you change anything on the car you will have to tell them. Be aware also that some road risks policies dont cover the cars at the trade premises (home address if you work from home) or within 1/4 of a mile of these premises if parked/stolen If you want anymore info mail me Jeremy __________________ It may harm your defence when questioned if you do not mention a modification which you may later rely on while overtaking!

26th September 2002, 08:54 AM	#11 (permalink)
R2CH GTR Register Member Join Date: May 2002 Location: Tunbridge Wells Posts: 70	All points covered in my policy including the 1/4 mile theft thing. __________________ Grab it's ring, keep your bag up! Last edited by R2CH; 26th September 2002 at 08:59 AM.

15th October 2002, 09:48 PM	#12 (permalink)
Jodi_the_g GTR Register Member Join Date: Oct 2002 Location: Telford Posts: 213	I have trade so it don't matter how many mods I have

19th October 2002, 08:36 AM	#13 (permalink)
gtr killer GTR Register Member Join Date: Oct 2002 Location: london Posts: 5	just testing here

19th October 2002, 09:45 AM	#14 (permalink)
polarbearit GTR Register Member Join Date: Dec 2001 Location: Wiltshire Posts: 1,636	Mods currently declared, BUT I suspect next year I'll go for a traders policy, I often change cars and always pay trade for them, so does £1500 cover you for everything? Do you have to have trade plates to get these policies? My dream of two GTRs looks closer now

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7th November 2002, 06:53 PM	#15 (permalink)
uk_skyman GTR Register Member Join Date: Apr 2002 Location: Nottingham, UK. Posts: 362	who knows Who knows exactly what the standard spec is, if its come from japland with no list as to whats been done internally, ie turbo injectors,cc etc. are the insurance companies expecting us to strip the car apart to see? dont think so....... I've told them its come from japan and ive done nothing to it here, so what do you want me to provide as far as spec list.... This they replied "ok sir so its a skyline what? we have no gts on our system" so im insured as a standard gtr wih no hassles Dean __________________ Thor Tuned My Website --- My e-mail