LV Insurance no longer insuring Fiat motorhomes? (5 Viewers)

[Swamp]

Hi,
I’ve just got off the phone to LV where I attempted to get a quote for a new Fiat Ducato based motorhome we should be collecting later this month.
I have a multi car insurance policy with them already and had a previous Fiat Ducato based motorhome insured on the policy earlier this year.
The lady I spoke to asked all the expected questions then advised that they wouldn’t be able to insure it as their underwriting rules had changed in July.
Anyone heard anything about this?

 

[Speve]

I'm guessing on a claim then the insured is getting the minimum market value

No we are with LV had my car written of earlier this year it was a no fault claim and we had our valuation and that was enough to replace with a car of same type, age and roughly mileage and condition they paid out within two weeks which I was really impressed with

 

[cossie303]

I spoke with LV about a month ago and tried to get a quote for a new Swift Kon tiki 894 (Fiat) motorhome. Wouldn't quote me at all. Kept on driveway, Thatcham cat 1 alarm, approved S5 tracker/immobiliser, clean licence, 64 yo. 2 years no claims. Caravan guard were £100.00 cheaper than Comfort for me.

 

[pagey]

I spoke with LV about a month ago and tried to get a quote for a new Swift Kon tiki 894 (Fiat) motorhome. Wouldn't quote me at all. Kept on driveway, Thatcham cat 1 alarm, approved S5 tracker/immobiliser, clean licence, 64 yo. 2 years no claims. Caravan guard were £100.00 cheaper than Comfort for me.

if you are not already insured with them they will not quote you only existing clients

 

[Orion]

We are with LV - separate policies for wife’s car and the Moho for me. When I first insured with them over the phone in November 2022 they had no interest in alarms, trackers or immobilisers, but did insist on reversing sensors/camera and a dash cam.

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[GoldenVision]

Tried to insure my 1 year old globecar (fiat ducato). I was told that as my reg. no was not recognised, they won't insure it.

That was using their Chat facility, so as advised I phoned LV - and was told exactly the same.

 

[Dutch 68]

They are very abrupt in their decision making, they no longer inure motorcycles, I was with them for years when 2 years ago I got notification that they stopped motorcycle insurance and that there would be no renewals forthcoming

 

[Juandeatatime]

They are very abrupt in their decision making, they no longer inure motorcycles, I was with them for years when 2 years ago I got notification that they stopped motorcycle insurance and that there would be no renewals forthcoming

Yes, same here, LV insured my motorcycle for years, then received a letter from them saying that they were not insuring motorcycles any longer. Obviously if they can't make a profit bin it!

 

[DerryW]

Just tried to do an online quote with LV, the nearest to a motorhome category was "Van" so used that, all ok until you insert registration number. I then used their Bot Chat to be told; LV no longer provide motorhome insurance.

Is this correct, seems a bit odd when you read the various stories on the forum ref LV.

 

[Ian_H]

Online wont work, phoning up may or may not......

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[tonka]

Just tried to do an online quote with LV, the nearest to a motorhome category was "Van" so used that, all ok until you insert registration number. I then used their Bot Chat to be told; LV no longer provide motorhome insurance.

Is this correct, seems a bit odd when you read the various stories on the forum ref LV.

I have just this minute come off the phone with LV after discussing my renewal quote.
The guy has confirmed LV NO LONGER OFFER NEW MOTORHOME POLICIES.. They do renew existing ones....
Lucky me as most others are coming in over £100 dearer...

 

[DerryW]

I have just this minute come off the phone with LV after discussing my renewal quote.
The guy has confirmed LV NO LONGER OFFER NEW MOTORHOME POLICIES.. They do renew existing ones....
Lucky me as most others are coming in over £100 dearer...

Thanks for the confirmation

 

[chaser]

Now this is very strange as you will know from my other thread they still do motorhome breakdown and very good they are too.

 

[DerryW]

Now this is very strange as you will know from my other thread they still do motorhome breakdown and very good they are too.

Chas yes, I’ve been following your other thread. Looks like you’ve heading home tomorrow. Safe journey.

Do you currently have vehicle insurance through LV, be it car or MH. It would appear they are happy to provide a quote to existing customers, but for some reason not taking on any business from new clients.

 

[jerryz]

They told me 3 times on the phone that they would no longer Insure any motorhomes in August and i was an existing customer for 2 vehicles ??

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[Pugsy]

I have car and van insured with LV,i changed my van last week from peugeot boxer to a N & B arto with fiat badge,pleasantly surprised that it only cost £46 to do it with 7 month still on the policy .
I am currently doing house insurance this morning ,now thats another story .
Cheers Cris .

 

[VXman]

Just tried to do an online quote with LV, the nearest to a motorhome category was "Van" so used that, all ok until you insert registration number. I then used their Bot Chat to be told; LV no longer provide motorhome insurance.

Is this correct, seems a bit odd when you read the various stories on the forum ref LV.

I tried to insure with LV a couple of years ago but they don't seem to understand motorhomes - she basically said she couldn't quote me as my vehicle didn't exist on their system. It's a common 2021 Fiat based Burstner.

 

[Kups]

am currently doing house insurance this morning ,now thats another story .
Cheers Cris .

LV now offer a combined car and house policy. I took this combined product a few weeks ago, decent saving on previous price. Worth a look.

Multi Cover insurance

Get an online Multi Cover quote now. Combine your car and home insurance on one policy.

www.lv.com

 

[SpeedyDux]

My car is insured through LV. The paperwork is headed LV Broker, although the Certificate is signed on behalf of Liverpool Victoria Insurance Ltd, despite that, the policy might well be underwritten elsewhere. The previous year the underwriter was ABC (Nope, I don't know them either).

Back in May I got a reasonable renewal premium from Comfort (another broker) so I stuck with them. The actual MH policy is with Aviva.

These posts regarding LV no longer offering MH insurance policies to new customers seem bizarre, if LV are acting as brokers, and LV isn't the actual underwriter. There are still insurers out there willing to take the actual risk of insuring MHs.

From my lay perspective (muggins, moi), in the highly complex world of insurance the financial risk is often laid off to other companies, sometimes even Lloyds Syndicates i.e a bunch of wealthy individuals right at the end of the chain, so customers like me can't know where the buck stops in the event of a claim. Each broker / underwriter layer is taking a slice of the premium in this pass-the-parcel game, and I suspect it all adds cumulatively to the premium paid by the customer. Often there is a lack of transparency. We can't know how many companies get to see or share our personal data, merely a list of those who might receive our personal data (is that list complete anyway?), and how much each slice off the premium they are taking for passing the buck in the event of a claim is really costing us.

 

[TheTwoOfUs]

I was told yesterday that LV wouldn't be able to insure our Dethleffs. No reason or explanation given.

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[Ian_H]

I was told yesterday that LV wouldn't be able to insure our Dethleffs. No reason or explanation given.

Was that as a renewal or new customer?

 

[Pugsy]

LV now offer a combined car and house policy. I took this combined product a few weeks ago, decent saving on previous price. Worth a look.

Multi Cover insurance

Get an online Multi Cover quote now. Combine your car and home insurance on one policy.

www.lv.com

Yes i did look this morning but they dont offer cover for my current property.
Sorted house insurance 10 mins ago,i need another coffee now before i go out and clean van roof.

Cheers Cris .

 

[The Wino]

Makes you think all the posts saying that motorhome insurance is a rip off and big money earner must be very wide of the mark. I think the market has spoken and said it's just no worth it anymore!

 

[TinaLes]

Well I am gonna blame @chaser,for breaking down in France, staying in hotels for nights on end, flights back to The UK with Taxi ride home, its the straw that broke the camels back with LV Motor Home Cover.

But Seriously, I hope he is safely home by now, and that the French garage will make a good job of replacing the gearbox, and all will be well on receipt of it when delivered back to his front door. Many of us were concerned about him, and whether he would get the best outcome, but we still wait to hear what was offered to him by LV in the end, I fear it was not all straight forward.

As usual breaking down in France or the EU can be a very worrying and expensive experience, not one I would wish on anyone, its a shame that LV no longer wish to be in the MH insurance industry, as they were of of the good ones, especially since we lost the ADAC offering after Brexit.
I know many used to rave about it, and those that are ex pats can still get coverage I believe.
LES

 

[Kups]

its a shame that LV no longer wish to be in the MH insurance industry

But they are still insuring mine and many others on this forum. The seem to be narrowing down the types of vehicle they are prepared to insure not leaving the sector.

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[TinaLes]

But they are still insuring mine and many others on this forum. The seem to be narrowing down the types of vehicle they are prepared to insure not leaving the sector.

Kups if you read all the previous posts you will see that LV may renew existing policies like yours, but it looks like they don't want to take on any new business or clients with MH's. I would expect their premiums may rise in the coming years to make existing clients move away also if its not a market they happy to be in....we shall see, only they know why but not saying at the moment.
LES