Excess insurance

ey_up

Hi guys,

Has anyone used http://www.insure4excess.com Sounds like a good idea. I'm young driver (24) trying to insure a Z4 and whacking the excess up cuts the quote a lot more than these people charge to cover it.

Anyone any direct experience or feedback. Seams almost too good to be true. I've looked around the site and searched but cannot see anything.

Thanks

brazilianwax

ey_up wrote:

Hi guys,

Has anyone used http://www.insure4excess.com Sounds like a good idea. I'm young driver (24) trying to insure a Z4 and whacking the excess up cuts the quote a lot more than these people charge to cover it.

Anyone any direct experience or feedback. Seams almost too good to be true. I've looked around the site and searched but cannot see anything.

Thanks

No good for you, matey - you have to be over 25!

Main Features and Benefits of Cover:

• Individuals aged 25 and above are covered

• Cover is also provided to Named Driver(s) i.e. Drivers in addition to You who are permitted to drive under the terms of your Car Insurance Policy and who are aged 25 years and above.

ey_up

Duh, put 24 as I've been saying it fo a year. I'm 25 at midnight :-)

brazilianwax

ey_up wrote:

Duh, put 24 as I've been saying it fo a year. I'm 25 at midnight :-)

Looks like Bob may be your uncle then!!!

And happy birthday for midnight!!!!

:beer:

Astaroth

Interesting idea.... it is worth noting in the T&Cs that they wont pay out if another party is liable and the excess can be recovered within 9 months... so someone rear ends you you would have to pay the excess first and then wait to recover from the TP rather than paying and getting the money "straight back" from this insurance.

Bossyboots

Astaroth wrote:

Interesting idea.... it is worth noting in the T&Cs that they wont pay out if another party is liable and the excess can be recovered within 9 months... so someone rear ends you you would have to pay the excess first and then wait to recover from the TP rather than paying and getting the money "straight back" from this insurance.

Although in that situation, assuming liability is not in dispute, you could simply deal direct with the third party insurer in which case the excess wouldn't be payable anyway.

Astaroth

That is an option, however as you say it does assume liability isnt an issue.... personally I would still go through my own insurers as you get the protection of the FOS if things go wrong, new for old on personal possessions etc and they should have to work for their money