Posted: Thu Oct 03, 2013 3:23 am
Thanks Scavenger!
I've been in touch with Gargash and all the other main ones listed- interestingly so far from the quotes I've had back AXA seem to give the most amount of cover for the cheapest price.
I actually have a few more questions that have risen as a result of looking deeper into the insurance situation:
I've noticed that on some policies it says that it's only valid when the car has not been modified or is 'stock'.
Given that I will want to go off-roading, and the car I'm currently hoping to buy has not been off road at all, it has none of the extra fittings I've been advised by some people to attach (this is something I was going to go into more detail later on once I have the car, but it's relevant to bring it up now regarding insurance!).
These include (and I apologise if my terminology is incorrect!):
- Aluminium front plate
- Aluminium skid plate
- Rear towing point
Are these of concern to insurance companies?
Do you guys tell them about any mods you have made or plan to make, before you take out any policy?
Also, as a separate issue, I would just like to double check that I have the process correct in terms of insurance when buying second hand.
Just to be clear, in the case of the vehicle I want to buy- the owner has said that I can transfer his current policy (which lasts until July '14) over to my name, but given that they don't provide the same level of cover as AXA, and Wasif suggested taking out a fresh policy, this is what I intend to do.
When asked on the phone, the AXA advisor told me that:
- First I should take out a new policy myself (while the old one for the current owner is still running)
- Then I should meet with the owner to transfer registration of the vehicle over to my name.
- Once that is complete, he can then cancel this policy.
Is anyone familiar with this?
Many thanks!
Joe
I've been in touch with Gargash and all the other main ones listed- interestingly so far from the quotes I've had back AXA seem to give the most amount of cover for the cheapest price.
I actually have a few more questions that have risen as a result of looking deeper into the insurance situation:
I've noticed that on some policies it says that it's only valid when the car has not been modified or is 'stock'.
Given that I will want to go off-roading, and the car I'm currently hoping to buy has not been off road at all, it has none of the extra fittings I've been advised by some people to attach (this is something I was going to go into more detail later on once I have the car, but it's relevant to bring it up now regarding insurance!).
These include (and I apologise if my terminology is incorrect!):
- Aluminium front plate
- Aluminium skid plate
- Rear towing point
Are these of concern to insurance companies?
Do you guys tell them about any mods you have made or plan to make, before you take out any policy?
Also, as a separate issue, I would just like to double check that I have the process correct in terms of insurance when buying second hand.
Just to be clear, in the case of the vehicle I want to buy- the owner has said that I can transfer his current policy (which lasts until July '14) over to my name, but given that they don't provide the same level of cover as AXA, and Wasif suggested taking out a fresh policy, this is what I intend to do.
When asked on the phone, the AXA advisor told me that:
- First I should take out a new policy myself (while the old one for the current owner is still running)
- Then I should meet with the owner to transfer registration of the vehicle over to my name.
- Once that is complete, he can then cancel this policy.
Is anyone familiar with this?
Many thanks!
Joe