Modified Insurance Z4m

tom21 · Post by **tom21** » Wed Jan 04, 2017 4:36 pm

I have a fairly heavily modified Z4M and I am struggling to get any decent quotes this year. Does anybody have any suggestions on who to call?

A lot of companies that I have called wont replace the parts like for like and that is no good for me at all.

thanks

tertius · Post by **tertius** » Wed Jan 04, 2017 4:37 pm

Have you tried ClassicLine?

tom21 · Post by **tom21** » Wed Jan 04, 2017 4:39 pm

tertius wrote:Have you tried ClassicLine?

yes, would not replace the parts. Also tried Esure but they came out with a crazy price

bmwaddict · Post by **bmwaddict** » Wed Jan 04, 2017 4:53 pm

tom21 wrote: A lot of companies that I have called wont replace the parts like for like and that is no good for me at all.

thanks

I think you'll really struggle to find this unless you pay a hefty premium to one of the few companies who offer it, when I was trying to find the same for my heavily modified e36 328i Sport (all engine and suspension mods) I ended up giving up, as I couldn't find anyone that would do it for a reasonable price.

tom21 · Post by **tom21** » Wed Jan 04, 2017 5:05 pm

bmwaddict wrote:
tom21 wrote: A lot of companies that I have called wont replace the parts like for like and that is no good for me at all.

thanks
I think you'll really struggle to find this unless you pay a hefty premium to one of the few companies who offer it, when I was trying to find the same for my heavily modified e36 328i Sport (all engine and suspension mods) I ended up giving up, as I couldn't find anyone that would do it for a reasonable price.

So did you just take the risk with the value of the parts? Insure it as modified but in the case of an accident, replace for standard parts?

JAD · Post by **JAD** » Wed Jan 04, 2017 5:07 pm

tom21 wrote:I have a fairly heavily modified Z4M and I am struggling to get any decent quotes this year. Does anybody have any suggestions on who to call?

A lot of companies that I have called wont replace the parts like for like and that is no good for me at all.

thanks

Have you given Flux a call? They've just smashed the socks off Chris Knott.

bmwaddict · Post by **bmwaddict** » Wed Jan 04, 2017 5:09 pm

Yep. I'd have lost money in case of a bad smash but couldn't find an alternative solution.

VRSteve · Post by **VRSteve** » Wed Jan 04, 2017 6:18 pm

I'm with Chris Knott, I thought they did like for like, but now I'm wondering if I imagined that.

Grumpyowl · Post by **Grumpyowl** » Wed Jan 04, 2017 6:25 pm

JAD wrote:
tom21 wrote:I have a fairly heavily modified Z4M and I am struggling to get any decent quotes this year. Does anybody have any suggestions on who to call?

A lot of companies that I have called wont replace the parts like for like and that is no good for me at all.

thanks
Have you given Flux a call? They've just smashed the socks off Chris Knott.

Adrian Flux were good with modified bikes

Number5 · Post by **Number5** » Wed Jan 04, 2017 7:15 pm

Perhaps Chris Knott will come on this thread and pick this up ?

I found that they advertise that they 'specialise' in these cars ( Like Flux do on the Alpina forum) yet offer no more than any other company and arre in fact often worse.

Watch this space...

VRSteve · Post by **VRSteve** » Wed Jan 04, 2017 7:30 pm

Number5 wrote:Perhaps Chris Knott will come on this thread and pick this up ?

I found that they advertise that they 'specialise' in these cars ( Like Flux do on the Alpina forum) yet offer no more than any other company and arre in fact often worse.

Watch this space...

Would you mind expanding on being "worse"?

Steve84N · Post by **Steve84N** » Wed Jan 04, 2017 8:16 pm

More expensive, very sensitive to anything like not even quoting me as I had a motorcycle accident within the year.

Number5 · Post by **Number5** » Wed Jan 04, 2017 8:36 pm

VRSteve wrote:
Number5 wrote:Perhaps Chris Knott will come on this thread and pick this up ?

I found that they advertise that they 'specialise' in these cars ( Like Flux do on the Alpina forum) yet offer no more than any other company and arre in fact often worse.
Would you mind expanding on being "worse"?

Worse, as in not even prepared to quote or just plain more expensive than a company that doesnt claim to be tailored to the claimed market..

If a company says they specialise in a particular market, you would expect them to be able to broker for a multitude of insurance requirements around that particular car.

Why do you ask - are you in the industry VRSteve ?

VRSteve · Post by **VRSteve** » Wed Jan 04, 2017 9:31 pm

Number5 wrote:
VRSteve wrote:
Number5 wrote:Perhaps Chris Knott will come on this thread and pick this up ?

I found that they advertise that they 'specialise' in these cars ( Like Flux do on the Alpina forum) yet offer no more than any other company and arre in fact often worse.
Would you mind expanding on being "worse"?
Worse, as in not even prepared to quote or just plain more expensive than a company that doesnt claim to be tailored to the claimed market..

If a company says they specialise in a particular market, you would expect them to be able to broker for a multitude of insurance requirements around that particular car.

Why do you ask - are you in the industry VRSteve ?

No I'm glad to say I'm not in the insurance game.

I was only asking because all of our cars are covered with Chris Knott and we've has no issues, that said, 2 of the cars are standard, and the mods to the M are only suspension. What now worries me is that I don't know if they replace mods like for like, I assumed they did, but now I'm not so sure.

I could always get cheaper cover from admiral, but they are a bunch of sharks, and Flux, although cheap, have/had a terrible reputation, so Chris Knott seemed like a good option, but now I'm a little concerned!

Buckz · Post by **Buckz** » Thu Jan 05, 2017 7:50 pm

You could try insuring the car on agreed value rather than like for like replacement on the mods?

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