Annual Insurance Moan!

[Paul F]

So my renewal came through and the premium with NFU is up by nearly 15% again after staying the same last year.

Another years no claims, still no convictions, vehicle a year older and not worth as much - but none of that seems to matter. It is a very limited market for high value vehicles so if they want to increase the price they do. It is simple supply and demand economics.

Rang round a couple of brokers that I know offer cover, and the ones that would quote confirmed I cannot get any better value. One broker even told me if I am paying 1.5%-2% of vehicle value I am doing well, and actually if I lived not too far West of where I do, the premium could be ten times as much!

Just have to accept it and pay up I suppose

 

[stewartwebr]

Feel your pain, only ERS and Axa will cover my van. I called NFU in Shrewsbury to get told in no uncertain terms that nothing has changed since I enquired last year, they do not cover engines above 6L. The tone of the guy was unbelievable to the extent I just said, “thank you” and hung up.
I’m waiting for renewal from ERS but filled with dread given the windscreen claim. Axa are quoting £4200 with £2k excess and 20 years NCD and clean license. This Motorhome game is getting more and more expensive.

 

[Paul F]

stewartwebr None of it seems logical to me! After reading one of your posts earlier in the year I thought I would give ERS a try but they came back at £5,700 on my 'baby' Morelo...way more than I recall you paying on yours. NFU are sitting at just over your Axa quote but they have a £5k excess and no cover for Croatia - both of which irritate me. Although I have 15 yrs NCD on cars and a clean license, I only have 4 yrs on motorhomes and that seems to be the stumbling block....and my postcode I think.

MH is parked on my drive - blocked in by buildings on 3 sides, and three other alarmed vehicles on the other, in a driveway that cant be seen from the road, with an S5 tracker and Cat 1 alarm - and a couple of other deterrents that make theft from home virtually impossible. I even take the steering wheel off and out of the van when not in use. One underwriter still insisted on a steering wheel lock though....

I read your windscreen woes and whilst they always say screen claims dont affect your NCD, it doesnt stop them affecting the underlying premium!

Would be interested to know how you get on with ERS.

 

[Spriddler]

Very many threads and posts on here this year in the 'Insurance' forum about severe premium increases - all insurance; cars, homes etc.
Insurers will say that much of it is due to the increase in repair costs.
Some have found Ripe Insurance to be very competitive, with the discount for Fun subscribers but as always it depends upon one's location and driving history.

Thread 'Ripe Insurance Funster Discount is Now Live'

Aug 19, 2024

Ripe have now finished with all the introductory discounts, making the 15% they offer us the best deal that you can get with them.

If you follow this link the Funster 15% is baked into the page. This is a genuine 15%. Try it if you like, use a browser in private mode, go to their front page and get a quote. Then come out and follow the link above, and you'll see the 15% Funster Discount is applied and genuine. . Thank you Ripe.

• Jim
• Replies: 74
• Forum: Motorhome Insurance General Discussion

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[Paul F]

Some have found Ripe Insurance to be very competitive

100K value limit with Ripe unfortunately

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[Spriddler]

100K value limit with Ripe unfortunately

Ah yes, I see you have a Morelo.
Have you tried Harrods?

 

[Jev88]

Feel your pain, only ERS and Axa will cover my van. I called NFU in Shrewsbury to get told in no uncertain terms that nothing has changed since I enquired last year, they do not cover engines above 6L. The tone of the guy was unbelievable to the extent I just said, “thank you” and hung up.
I’m waiting for renewal from ERS but filled with dread given the windscreen claim. Axa are quoting £4200 with £2k excess and 20 years NCD and clean license. This Motorhome game is getting more and more expensive.

Interesting as my engine is over 6 litres and insured with NFU for three years..... And I know at least four other people in same boat. Try NFU Whittlesey branch and ask for Craig. Unless value is over £100K? Then NFU may not be interested.

 

[stewartwebr]

Interesting as my engine is over 6 litres and insured with NFU for three years..... And I know at least four other people in same boat. Try NFU Whittlesey branch and ask for Craig. Unless value is over £100K? Then NFU may not be interested.

Interesting, they told me last year that value (350k) was not an issue it was the engine size. Insurance is just a complete minefield.

 

[herald_400rl]

Feel your pain, only ERS and Axa will cover my van. I called NFU in Shrewsbury to get told in no uncertain terms that nothing has changed since I enquired last year, they do not cover engines above 6L. The tone of the guy was unbelievable to the extent I just said, “thank you” and hung up.
I’m waiting for renewal from ERS but filled with dread given the windscreen claim. Axa are quoting £4200 with £2k excess and 20 years NCD and clean license. This Motorhome game is getting more and more expensive.

Sorry this isn't insurance related but... your engine is over 6 litres???

 

[Paul F]

Interesting, they told me last year that value (350k) was not an issue it was the engine size. Insurance is just a complete minefield.

I think engine size must be the problem, although it makes no sense.

My value is similar, and no problems in getting NFU to cover that - apart from the cost, the excess and the geographical restrictions.

The good thing with NFU is that they are not scared off with high values - some agricultural machinery makes our MH's look cheap.

Dont really understand why they are scared of large engines though as tractors go up to 18 litres I believe!

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[stewartwebr]

Sorry this isn't insurance related but... your engine is over 6 litres???

Mercedes Atego, 7.7L and similar MPG to what I got on my 3L Morelo

 

[stewartwebr]

I think engine size must be the problem, although it makes no sense.

My value is similar, and no problems in getting NFU to cover that - apart from the cost, the excess and the geographical restrictions.

The good thing with NFU is that they are not scared off with high values - some agricultural machinery makes our MH's look cheap.

Dont really understand why they are scared of large engines though as tractors go up to 18 litres I believe!

The reason they gave me was a larger engine means larger dimensions so specialist workshop for repairs. I just accepted it, when computer says something no point arguing, but as we all know it’s complete nonsense

 

[Paul F]

similar MPG to what I got on my 3L Morelo

Impressive...I would have assumed sub 10mpg with a big engine like that. You must have a very controlled right foot!

 

[herald_400rl]

Mercedes Atego, 7.7L and similar MPG to what I got on my 3L Morelo

Very nice! I suppose it'll do 500k miles without complaining too much.
Sometimes smaller engines can use more fuel as they work harder I guess.

 

[stewartwebr]

Impressive...I would have assumed sub 10mpg with a big engine like that. You must have a very controlled right foot!

The complete opposite, very heavy foot I don’t hang around The average is about 15mpg and my first Morelo Palace 90G only delivered about 16mpg on the 3l Iveco

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[Paul F]

The complete opposite, very heavy foot I don’t hang around The average is about 15mpg and my first Morelo Palace 90G only delivered about 16mpg on the 3l Iveco

That is good stewartwebr ,and consistent with my own experience at 16mpg all the time. Are you at 12 or 15 Tonnes?

 

[stewartwebr]

That is good stewartwebr ,and consistent with my own experience at 16mpg all the time. Are you at 12 or 15 Tonnes?

15t but running weight sits about the 12t it’s the upgraded chassis which we really don’t need the 12t would have been fine.
Our Empire Liner before this one was 12t and it was fine, no weight issues. I went for the 15t thinking I was adding more onto the Palace Liner but missed the bit that the palace is lighter than the Empire

 

[The Wino]

I'm generally surprised how low insurance premiums are with A class windscreen costs. It seems like people want a high level of windscreen cover with no excess or NCD effect and a low premium!

 

[stewartwebr]

I'm generally surprised how low insurance premiums are with A class windscreen costs. It seems like people want a high level of windscreen cover with no excess or NCD effect and a low premium!

Of course we do, guess you would want the same…

 

[NR]

So my renewal came through and the premium with NFU is up by nearly 15% again after staying the same last year.

Another years no claims, still no convictions, vehicle a year older and not worth as much - but none of that seems to matter. It is a very limited market for high value vehicles so if they want to increase the price they do. It is simple supply and demand economics.

Rang round a couple of brokers that I know offer cover, and the ones that would quote confirmed I cannot get any better value. One broker even told me if I am paying 1.5%-2% of vehicle value I am doing well, and actually if I lived not too far West of where I do, the premium could be ten times as much!

Just have to accept it and pay up I suppose

If you haven’t already try Marcus Crisp, 01438280480 marcus.crisp@crisp-risks.com, we got our new Palace @ 1%.

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