Insurance and mods

Posted By: Anonymous

Insurance and mods - 01/08/2006 23:24

Ive got a chip, gauge, prv etc. but never got round to doing anything with them

.
Last week i thought i might aswell sort it all out. So, i thought i'de better ring my insurance co (admiral).

After a long wait (they didnt have a clue what the PRV was) they came back to me..... another £500 pounds a year on top of my current premium for just the chip

and that the boost valve was unacceptable

.
So i wondered how you go about changing insurance companies, and what happens to your no claims mid way through a years cover??

Posted By: Anonymous

Re: Insurance and mods - 01/08/2006 23:37

Talk to Greenlight, Adrian Flux and Noel Dazely...Admiral and its affiliated companies are rubbish for mods

Posted By: Tartandude

Re: Insurance and mods - 02/08/2006 00:41

Quote:

Admiral and its affiliated companies are rubbish for mods

As im finding out with Bell Direct

Posted By: AndrewR

Re: Insurance and mods - 02/08/2006 00:50

Quote:

So i wondered how you go about changing insurance companies, and what happens to your no claims mid way through a years cover??

Most insurance companies run a proportional refund scheme which vastly favours them so that if, say, you cancel half-way through the year you get far less than half of your premium refunded. If you're paying monthly the chances are that even if you cancel you'll still owe them money and have to keep up the monthly payments.

You'll also lose that year's no-claims bonus, because they won't award it to you until the end of the year.

IIWY I'd wait until your insurance is due for renewal before you stick the mods on.