Cat S insurance cost

dave_ave

Has anyone compared the cost of insurance a Cat S car against the same non Cat S car?

there are some bargains to be found, but the potential cost of insurance puts me off, so just wanted to see what prices are paid and with what companies?

TIA

family4tunes

Each insurance company will be different because of the variables involved in the type of vehicle and the driver being insured. Some insurance companies wont even insure a Cat S vehicle.

Because a category S vehicle has suffered structural damage and has been written off by the insurer as it was uneconomical to repair. This damage could be to any part of the vehicle's structural frame, including the chassis. This is why it is more expensive to insure than most normal policies and other category listed including Cat N.

Saving on the initial price of the car and perhaps getting a more recent registration vehicle because of the Cat S has to be balanced by the new owner as the insurance if attainable will be much higher as default. Overall you can save money but not that much, and you have to remember that if or when selling the car the Cat S will have a large effect on your own selling price.

family4tunes

NB:

Adding extra named drivers, fitting a dash cam, fitting an authorised Thatcham car alarm (if not already fitted) accepting higher excess charges, limiting your annual mileage, and having a good present NCD will make it cheaper to insure.

family4tunes

If you have already purchased the car then these are things you should take-on-board

You need to tell your insurance company about it - if you don't they may refuse a claim. It may not affect the premium, but it is likely to reduce the pay-out

Have a mechanical inspection carried out to ensure it has been repaired to a high standard - an MOT certificate is not sufficient (for safety and peace of mind)

The market value will have been reduced considerably by the write-off - expect a considerable reduction as previously mentioned.

You may have some difficulty selling the vehicle in the future. Dealers often won't accept them in part exchange and the market for it will be limited. A potential buyer will also have the same concerns in the future as you do now

forgotmyname

There are some bargains to be found, yes... BUT....

There are some poorly repaired death traps around also.

Do you know what to check? Should the front of the car be the same colour as the rear?

Replacing the sump on a car for a mate i thought it odd that the lower part of the engine bay was blue yet the car was beige. Having a good look around the rest of the car showed original beige in the rear 3/4 but blue from the lower part of the bulkhead forwards.