How many of you guys are insured fully comp?

 

My insurance is due & I was wondering if fully comp insurance is actually worth the money they charge. My renewal is around £650 for a second car with limited mileage. :eek:

 

My natural plan of action would always be full comp. However, after a few things that have happend recently I begin to wonder if its worth it. For instance if i have a major bang they will only offer me £2500 for the car :rant: , which really pi55es me off when they ask how much the car is worth when you take the insurance out in the first place. :confused:

 

Im with Houghtons ATM & they have been quite good at dealing with things in the past. However I think its Chaucer that underwright most of these kinda cars, no matter what agent you use. So ultimately does it make a differance who you go to?

 

Just wondered what the general thoughts on this were, as im about to use the Zed as my daily driver.

£500 fully comp with protected NCB. I'm 26, 6 points, full no claims. Unlimited mileage.

Fully comp really cheap cant remember how cheap, and when i actually get to go down and see ryan an agreed value too.

Always fully comp if you can afford it or not fully comp if you can afford the financial loss of the worth of the vehicle.

I find that after a certain age, TPFT and fully comp are almost the same price anyway. Infact I got a quote once for a car and TPFT was actually more expensive.

 

Deffo worth it for the tiny amount more you have to pay. Didn't even go TPFT on my old Cavalier runabout. Was £10 difference in the premium.

 

I'd sooner take my car off the road, take the insurance off it and store it in a garage rather than insure it TPFT only.

Traders policy, £900.00 fully comp on any vehicle upto £30.000 in value :hyper:

I find that after a certain age, TPFT and fully comp are almost the same price anyway. Infact I got a quote once for a car and TPFT was actually more expensive.

 

Had the same and it was even cheaper with the girlfriend as a named driver.

Hell Yes, £430 Fully comp telling them about all mods done... I am 29 though!!

Deffo worth it for the tiny amount more you have to pay. Didn't even go TPFT on my old Cavalier runabout. Was £10 difference in the premium.

 

I'd sooner take my car off the road, take the insurance off it and store it in a garage rather than insure it TPFT only.

 

The point I am trying to make is not the cost of the insurance but the value of it :confused: . What I was trying to say is, no matter what you like to think your car is worth or how much you say its worth when they ask for quoting. If you have a prang, they only give you current value which we all know is pants. Whats the point in paying fully comp insurance & getting TPFT value for money. This is all assuming you do not have an agreed value policy of course.

Mate, If you don't have an agreed value policy, you get the book price if it's scrapped! don't matter if it's fully comp,tpft whatever! :(

Mate, If you don't have an agreed value policy, you get the book price if it's scrapped! don't matter if it's fully comp,tpft whatever! :(

 

I THINK what he is trying to say because you only get book value, is it worth paying fully comp m8;)

 

you have to weigh up the benefits for fully comp in case of what MIGHT happen m8, personally ive always had fully comp and luckily never had to use it, but its there, same as AA/RAC cover the one time you may decide it aint worth it COULD be the time you do

as you say after 5-6 month you may have that accident (fingers crossed you don't) and decide glad you had full cover, or 3-4 years of paying full wack think how much you've paid out, best to read the policy m8 and decide do you need ie abc etc

fully comp .. all mods declared .. around £300 per year ... :-)

 

Limited mileage .. second car .. bugger :-(

The point I am trying to make is not the cost of the insurance but the value of it :confused: . What I was trying to say is, no matter what you like to think your car is worth or how much you say its worth when they ask for quoting. If you have a prang, they only give you current value which we all know is pants. Whats the point in paying fully comp insurance & getting TPFT value for money. This is all assuming you do not have an agreed value policy of course.

 

It's better to get some money at the end of it if the car is written off by your own doing, than nothing at all. The increase in costings for TPFT and FCMP is so negligable.

Given that you can save money on a Third party insurance policy the deciding factor is ..."can you stand a total loss accident out of your own pocket?"