Insurance for a low value car?
15 May 2012, 11:43 PM
#1
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Insurance for a low value car?
My trusty RB5 has over 200K on the clock but is still going strong as my daily driver.
Seeing as it is only worth about about 50p (well, maybe 2 grand), it seems a bit harsh to have to fork out 25% of the car's value for insurance.
Is this just a fact of life for running a Gp 20 motor, or is there a better type of policy available?
Seeing as it is only worth about about 50p (well, maybe 2 grand), it seems a bit harsh to have to fork out 25% of the car's value for insurance.
Is this just a fact of life for running a Gp 20 motor, or is there a better type of policy available?
16 May 2012, 11:06 AM
#2
My trusty RB5 has over 200K on the clock but is still going strong as my daily driver.
Seeing as it is only worth about about 50p (well, maybe 2 grand), it seems a bit harsh to have to fork out 25% of the car's value for insurance.
Is this just a fact of life for running a Gp 20 motor, or is there a better type of policy available?
Seeing as it is only worth about about 50p (well, maybe 2 grand), it seems a bit harsh to have to fork out 25% of the car's value for insurance.
Is this just a fact of life for running a Gp 20 motor, or is there a better type of policy available?
Ollie
Sky Insurance
http://www.skyinsurance.co.uk/car-club-insurance.html
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