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insurance
pathfinder - 5/6/05 at 07:24 PM

I am thinking of making a BEC Locost but am concerned that insurance may be sky high. How much can I expect to pay?

Age 23
Named driver since 17
No points or convictions
1 year ncb
Would be on limited miles

Currently paying £700 for a Renault 5 GT Turbo, (stupid money for a 15 year old car)

Rough estimates appreciated, higher or lower than the turbo?

Just want to know if a BEC is a viable option!

Cheers chaps


JoelP - 5/6/05 at 07:25 PM

bear in mind, you will probably be 25 before its finished

should be much less than £700 though.


rayward - 5/6/05 at 07:27 PM

would say definately lower, just get a quote "pretending" your cars finished etc...

Footman James where cheapest for me.

Ray


tom_loughlin - 5/6/05 at 08:01 PM

im 22 and as far as i can remember, my quote was £400ish (when i was 21).anthing up to a 2L is the same price, and i dont have and ncb, but have been driving for 5 years.

Tom


Kissy - 6/6/05 at 06:31 AM

If it's bike engined you can nearly double it with Footman-James, but they still came out best. Me, 43, full-protected-NCB, no points, 1,500 miles, fairly good postcode, garaged, £198 fully comp.


Ferrino - 6/6/05 at 09:03 AM

quote:
Originally posted by Kissy
If it's bike engined you can nearly double it with Footman-James

So do most insurers ask if it's a bike engine when you state a low capacity, and slap on a premium? I didn't think engine type really came into the equation - just BHP.


Kissy - 6/6/05 at 11:10 AM

The moment you tell them it's 998cc or whatever they'll ask if it's a BEC, they've got wise to that now. They have probably sussed that 130+bhp out of an engine/box that weighs diddly squit, and which goes in a car that is going to weigh diddly squit will mean a much quicker car.


smart51 - 6/6/05 at 12:34 PM

I've just had a quote for an R1 engined VortX of £620 from MSM. Please tell me that this is far too high and that such-and-such will halve that price. By the way, I am over 30 and have asked for limited milage etc. etc.


scotlad - 6/6/05 at 04:09 PM

try roadsure- did a good deal for me- 6 points and all...


andy d (rizla) - 6/6/05 at 04:56 PM

mine was 104 pounds from osbournes,i live in a dodgy area and ive had a total loss claim on the last kit car i had

so didnt think it was too bad


Darth Blader - 7/6/05 at 05:10 PM

I've paid £193 fully comp £150 excess
from Adrian Flux (no claims not an issue) 3000miles limited 32 yr old

Footman James quoted me £487

Bolton:- crime capitol of the north apparently.

I pay £660 for my RX-8

[Edited on 9/6/05 by Darth Blader]


hearnia - 7/6/05 at 05:45 PM

I got a quote for £1000 from Adrian Flux at 20 with 1 years no claims discount.

I thought that was quite low all things considered.


andyfiggy2002 - 10/6/05 at 07:06 AM

my 2004 893cc Megablade is insured with Osborne & Sons, they gave me 60% NCB introductory offer even when I didn't have any, I have 5k a year mileage option, no alarm/ immobiliser was required, £250 excess all for £204 fully comp & to get it down even further say you want 1500mile limit, your in a club, its self build & you want parts only not labour when making a claim.
I've just had a claim honoured after an off, no problems, would recommend them