S3 Insurance?

h5djr said:
Except the insurance company. What you suggest is insurance fraud. I thought Audi drivers were above that sort of thing. It may be difficult to change it back to standard from your hospital bet!
Click to expand...

Think insurance fraud would be the least of your worries if you end up in hospital! I expect they would ask for the difference between the cost of the two premiums to be honest.

Are Audi drivers special in some way? Do they not commit crimes due to their choice of car? :laugh:
 
Grl said:
Think insurance fraud would be the least of your worries if you end up in hospital! I expect they would ask for the difference between the cost of the two premiums to be honest.

Are Audi drivers special in some way? Do they not commit crimes due to their choice of car? :laugh:
Click to expand...

Not necessarily. You may only be in hospital a couple of days. Your insurance company could refuse to pay out anything at all. Why should they. You will be the one who has broken the terms of your insurance not them.

I thought that those buying a better class of car may just happen to be a little more honest than drivers of some cheaper cars. Perhaps I thought that, if they can afford to buy Audi and pay out even more to have it chipped etc, they may also be able to afford to insure it correctly. Perhaps I'm just old fashioned. Perhaps they are just as dishonest as everyone else.
 
h5djr said:
I thought that those buying a better class of car may just happen to be a little more honest
Click to expand...

Do you really think that?

Do all criminals drive sheds down your way then?

Not a pop, but I am surprised someone would think that.

EDITED TO ADD: I have met plenty of choice sorts in expensive cars - so personally - I dont see that as an accurate indicator of how trustworthy they are. :angrymod:
 
PaulAr said:
They wanted £977 !!:scared2:
Click to expand...


Back to thread:

This is why I have been reluctant to start on Mods. I am £300'ish with Direct Line and argued that price.

I think I could have stomached Jamie's quote, but not nearly the grand you were quoted. Which I would imagine would be the same for me.

Have I missed you Greenline price?
 
Where would you stand if you bought a second hand s3, under the impression that it was totally standard, ie not remapped, so you insured it as such, only to have a crash, and for the insurance company to discover (somehow) that it had been remapped?

Its a tricky one, but I dont see how they couldnt pay out.
 
Many moons ago I stuffed a G60 Corrado which had a modded charger and uprated suspension. And I hadnt declared the mods.

The car was a write off, the assessor didnt spot anything, I got paid out.

Was it right? Maybe.
The main thing is that I got paid out and the mods would not have made a blind bit of difference to the accident I was involved in anyway.

FWIW Ive never declared mods before.

An assessor needs to be suspicious in the first place before the Ins company will allocate costly resource to try and wriggle out of a claim.

IMO it would need to be a very large claim before this happened.

I will probably stump up the extra this time. Maybe not again though.

Its the greed and ignorance of these companies that create an incentive to take the chance in the first place.

They should be targetting the millions of fraudulent injury claims that are made every year if they want to boost profits.

Amen

Paul
 
h5djr said:
I thought that those buying a better class of car may just happen to be a little more honest than drivers of some cheaper cars. Perhaps I thought that, if they can afford to buy Audi and pay out even more to have it chipped etc, they may also be able to afford to insure it correctly. Perhaps I'm just old fashioned. Perhaps they are just as dishonest as everyone else.
Click to expand...

I know of a guy that has never done an honest days work in his life and drives around in an RS4 cab. I'm afraid it's not that simple. Or fair.
 
Thats the point - it's easier to fleece us law abiding citizens. Twats.

The cost to investigate each hookey claim is so prohibitive, that they roll the chicken bones and pass the costs to us.

I went from group 20 into group 18, half the value, better area, etc...New premium - the same!!! **** off. Hence my discussion with Direct Line.

Personally, I would have to fess up and pay. Not because I am a 'fine upstanding' citizen, but because my luck sucks balls and I would get caught.
 
AuldReekie said:
Back to thread:

This is why I have been reluctant to start on Mods. I am £300'ish with Direct Line and argued that price.

I think I could have stomached Jamie's quote, but not nearly the grand you were quoted. Which I would imagine would be the same for me.

Have I missed you Greenline price?
Click to expand...

I have a quote from Greenlight @ £580.

Thats about £130 more than the cheapest `std car` quote Ive had.

Smarts a bit now but cant think about not having the car running the extra bhp and torque that comes with stage 1 REVO, so I guess its worth it.

Part of the problem is that the base premiums have gone since last year anyway.

cheers
Paul
 
julians said:
Where would you stand if you bought a second hand s3, under the impression that it was totally standard, ie not remapped, so you insured it as such, only to have a crash, and for the insurance company to discover (somehow) that it had been remapped?

Its a tricky one, but I dont see how they couldnt pay out.
Click to expand...

Very valid point. This week a mate of mine from work bought a Cupra R. He was adamant when he bought it the car was standard as the seller said 'as far as he was aware it was' Anyway after work had a look. Forge diverter and boost gauge fitted which made me wonder. Took it for a drive and it was boosting at 18Psi. Proper look found a green filter, up-rated fuel pump and because of the extra boost i would imagine a remap. So the point is, if I hadn't had a look he would never have known as he is not a car enthusiast
 
AuldReekie said:
Do you really think that?

Do all criminals drive sheds down your way then?

Not a pop, but I am surprised someone would think that.

EDITED TO ADD: I have met plenty of choice sorts in expensive cars - so personally - I dont see that as an accurate indicator of how trustworthy they are. :angrymod:
Click to expand...

Perhaps I should have said people who drive an Audi AND frequent this forum. Remember the insurance company always have the upper hand - they hold the money. It may not be up to them to prove that a car has not been remapped, but more that, if they suspect it may have been, it may well be up to you to prove that is has not been before they part with any money.

Personally I think that if you have modified a car in any way you should declare it to you insurers otherwise you are technically driving without insurance.
 
In my last job I had to deal with insurances companies regularly in the process of total loss claims.

They pay out on cars without current valid MOTs and all sorts.

They just hold the claim up (they call them idemnity issues). They are looked at by the underwriters and they decide how much the customer has to pay or have deducted from their payout.

The least I came across was £50 for no MOT (expired) and £900 for having a different engine to the V5. Only a couple of times did they refuse to cover the policy holder but still paid for 3rd party damage.
 
Im looking for mine too ATM, and Churchill, oh yes, and Swiftcover have come up cheapeest @ 400.. other mod friendly ones like greenlight and flux are over 650 ??
 
Grl said:
In my last job I had to deal with insurances companies regularly in the process of total loss claims.

They pay out on cars without current valid MOTs and all sorts.

They just hold the claim up (they call them idemnity issues). They are looked at by the underwriters and they decide how much the customer has to pay or have deducted from their payout.

The least I came across was £50 for no MOT (expired) and £900 for having a different engine to the V5. Only a couple of times did they refuse to cover the policy holder but still paid for 3rd party damage.
Click to expand...

Yes I think they will always cover the third party, but no necessarily the own damage. I do know of someone who had a car insured in his mother's name with him as a named driver when he was clearly the main driver. He managed to write off the car and the insurers refused to pay out.
 
h5djr said:
Yes I think they will always cover the third party, but no necessarily the own damage. I do know of someone who had a car insured in his mother's name with him as a named driver when he was clearly the main driver. He managed to write off the car and the insurers refused to pay out.
Click to expand...

Similar happened to a mate of mine years. Except the Ins. Co did pay out but terminated the cover imediately afterwards.

Its a lottery really, as long as you know the risks you are running.
 
h5djr said:
Personally I think that if you have modified a car in any way you should declare it to you insurers otherwise you are technically driving without insurance.
Click to expand...

Nonsense. You mean to suggest that if I retrofit an ambient lighting kit into my car I am invalidating my insurance ? Come off it.
 
Iggu said:
Nonsense. You mean to suggest that if I retrofit an ambient lighting kit into my car I am invalidating my insurance ? Come off it.
Click to expand...

In theory yes, that's what is says in your insurance policy. But in practice you only really need to notify them when you make changes to the actually running gear of the car, wheels of a different size, changes to suspension, performance enhancements or other mods that significantly effect the value of the car.

Most of the items listed in your signature should, by rights, be declared!!
 
Its logic behind the premium price loading that I object to.

If I have a std 265bhp S3 and drive it everywhere like a nobhead, then I will probably stuff it at some point.

So I cant see how having 300bhp makes my any more likely to do the same under the same circumstances.:think:

Fair enough if its a nitrous kit that turns a `slow car` into a `fast car`.
But a std S3 is already a fast car.

These premium hikes make you feel like your being ripped off, which breeds contempt, which means you just dont bother declaring the mods and try and have one over on the very people that have just tried to rip you off.
 
PaulAr said:
Its logic behind the premium price loading that I object to.

If I have a std 265bhp S3 and drive it everywhere like a nobhead, then I will probably stuff it at some point.

So I cant see how having 300bhp makes my any more likely to do the same under the same circumstances.:think:

Fair enough if its a nitrous kit that turns a `slow car` into a `fast car`.
But a std S3 is already a fast car.

These premium hikes make you feel like your being ripped off, which breeds contempt, which means you just dont bother declaring the mods and try and have one over on the very people that have just tried to rip you off.
Click to expand...

I agree with you Paul. But thats what we all agree to do when we take out an insurance policy. Most of the time we would get away with it but if we are involved in a serious accident whether it's our fault or not and an insurance company is likely to be left with a large pay-out, it's then that they may start looking for excuses not to pay out the full amount or anything at all.
 
h5djr said:
I agree with you Paul. But thats what we all agree to do when we take out an insurance policy. Most of the time we would get away with it but if we are involved in a serious accident whether it's our fault or not and an insurance company is likely to be left with a large pay-out, it's then that they may start looking for excuses not to pay out the full amount or anything at all.
Click to expand...

Your probably right, and I guess thats why Im sticking by the book this time.

Paul
 
hi guys i was with budget for years changed my a4 for an a3 3.2 v6 last year thier quote was £800 gone with LV £400 fully comp and protected:o.k:
 
How old are you tony if you don't mind me asking :)
 
I'll throw my quote in just for comparison purposes.

I'm 33, full clean licence, 9 years protected no claims.

Local broker quoted me £320 fully comp for the 2.0 TFSI. Definite improvement on what I would have had to pay last year before my "Speed Dangerous" conviction expired on my licence :laugh:

Chris
 
Last bump (promise), I have to sort this week.

Any ideas for mod friendly Insurers?

Greenlight still cheapest @ £580
Adrian Flux £100 more.

Most other `alledged specialists` around £1000.

The mainstream companies, particularly those on the search engines/compare sites wont even quote.

Amazing that I can get a company to quote me £408 for a std car.
And when you tell them you want to add %15 more bhp they decline to quote and quote some wacky price over £1000. :wtf:

cheers
Paul
 
Have you tried Elephant? I've always found them the cheapest and have always driven Hot Hatches for the last 10 years or so. You can also add the mods in the on-line quote process.
 
PaulAr said:
Amazing that I can get a company to quote me £408 for a std car.
And when you tell them you want to add %15 more bhp they decline to quote and quote some wacky price over £1000. :wtf:
Click to expand...

I had a mate that worked for an insurance company, and he reckoned that you only had to notify your insurance company of a car modification when renewing your car insurance (at least with his company which I can not recall the name of right now).

If this was the case you could pretty much always go down the line of "I have only just installed this mod!" Might be worth investigating further...
 
Thanks for the input guys.

Just took the hit and gone with Greenlight.:(

Best of the bad bunch

Cheers

Paul
 
You must log in or register to reply here.

Similar threads

G
S3 Insurance?
Replies
18
Views
1K
Josh williams
Josh williams
red or dead
S3 insurance
Replies
48
Views
3K
Hanz
Hanz
T
s3 insurance
Replies
16
Views
1K
RonstarS3
R
P
S3 insurance
Replies
7
Views
933
consilio
consilio
showyS3
S3 Insurance
Replies
13
Views
1K
JamS3
JamS3
Top
Back