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Lancaster insurance

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I've just insured my GTI cab after restoration, I've got to say i'm well chuffed with the service I received from Lancaster insurance. £ 121 for a years fully comp, with guaranteed value, and†legal cover.:thumbs:

89 MK1 GTI Cab ( Helios Blue ), 11 reg BMW 320d Touring, 64 reg Polo 1.2 TSI Bluemotion.

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I'm pretty annoyed at Lancaster today.†

I had a letter from them in reply to the agreed valuation on my swallowtail, they have undervalued it in my opinion.†

†It not like it's easily replaced if it gets nicked…. they clearly don't understand their rarity.†

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Raul said

I'm pretty annoyed at Lancaster today.†

I had a letter from them in reply to the agreed valuation on my swallowtail, they have undervalued it in my opinion.†

†It not like it's easily replaced if it gets nicked…. they clearly don't understand their rarity.†

What did they value it at?

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Let's just say it was 4 figures and I was after 5.†

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Agreed valves are hard, they probably dont decern any difference between a 74 and a 83.

The practical classic price guide put a mk1 non gti in concors at £2850 !  (the gti being £15000)

Have any excellent swallowtails been selling for 5 figures?

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That's the trouble, not many actually get sold these days, I know of a couple of very clean restored ones with a 15k+ agreed value.†

Maybe I'm over valuing mine as it's unrestored. :lol:

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Are you guys on a limited mileage with insurance.?
 

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Lancaster insurance

cabriolet said

Are you guys on a limited mileage with insurance.?
 
I limit my mileage to 3000 but to be honest only use it at weekends so that‚€™s plenty for me. My insurance was ¬£120 for the first year but I don‚€™t have an agreed value on it.


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Sounds a good deal at 120 Wes.  I'm limited to 4000 miles but as you say that's plenty.

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Just been reading this section as I have got my renewal through from Lancaster and they have tried to sting me with a £45 renewal fee.

So let it expire and start a new policy at £114

Not a sensible way to do business surely

Current rides:
2003 BMW 330d Manual Saloon Msport
1985 GTI cabriolet black edition (42k miles)
2004 Mk1 Octavia VRS (250bhp) For Sale
2002 Yamaha R1 track bike (crashed badly)

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