trade insurance

[philg]

Guys its time to renew the gt, quotes of £370 coming in, i pay about £300 for my daily and i also fancy a bike this summer, quotes from £350 or £600 for the bike i really want.

My partner also has her own car and pays about £400.

I have read through a few threads on here and think maybe this might be a better option especially since i have a car wash a valeting business to.

My only concerns are, can i put my partner on the policy and at what sort of cost, are motorbikes generally covered but most of all how are you paid out in a total loss.

I worried as i have spent close to 11k building my gt and currently have a guaranteed valuation of 6K the last think i want is to have someone stuff it and get offered £1k.

Any help guys or recommended brokers :)


Phil

[phase i 16 v turbo]

Guys its time to renew the gt, quotes of £370 coming in, i pay about £300 for my daily and i also fancy a bike this summer, quotes from £350 or £600 for the bike i really want.

My partner also has her own car and pays about £400.

I have read through a few threads on here and think maybe this might be a better option especially since i have a car wash a valeting business to.

My only concerns are, can i put my partner on the policy and at what sort of cost, are motorbikes generally covered but most of all how are you paid out in a total loss.

I worried as i have spent close to 11k building my gt and currently have a guaranteed valuation of 6K the last think i want is to have someone stuff it and get offered £1k.

Any help guys or recommended brokers :)


Phil

Be carefully as most trade policy will only cover vehicles over 20 years old third party only.

[philg]

Be carefully as most trade policy will only cover vehicles over 20 years old third party only.


Thanks Mike, something else to check.

[philg]

I have just spoken to a guy at a trade insurance brokers, i dont think im going to bother, like you said Mike, getting the gt covered will probably mean having it third party only and bikes are normally an extra.

All i would have to gain is i could collect and deliver my customers cars to and from my business.

Its a right bitch, i drive about 4000 miles a year, im nearly 40 and going to be looking over £1000 to insure the 2 cars and a bike, plus my partners car to :mad:

[phase i 16 v turbo]

and bikes are normally an extra.


Add to policy as an express delivery vehicle :D

[markey b]

mine is a grand, up for renewal next month so i'm a bit worried about what its gonna be....

last year i could have put bikes on for £250 extra but i hadn't held my bike licence long enough, this year my bike insurance was £160 and includes other bikes and as i only own one its not really an issue

i'm with GSI southern, i pay a little more to get cover on old cars and modified ones

[5teve L]

I was getting quotes of between £750 & £1500 depending on what I wanted to cover (imports, older vehicles etc.)
Like you Phil I didn't bother, but with my van insurance now being £750+ on it's own I may look into it again.

[Brigsy]

Be carefully as most trade policy will only cover vehicles over 20 years old third party only.

This...you will only get trade price if you need to claim too. Keep your gtt on a specialised classic policy matey imo, trade is good for anything else though