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Insuring a previously cat c

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  • 22-06-2019 12:04am
    #1
    kay 9
    Registered Users Posts: 2,668 ✭✭✭


    Is there any insurance loading or excess charges on insuring a previously written off vehicle?
    Vehicle in question is currently tested etc.
    It's a UK import if that makes any difference.
    Thanks.


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    #2
    Andrewf20
    Registered Users Posts: 3,193 ✭✭✭Andrewf20


    I think they may get concerned alright. Best bet is to ring around. You will probably find they differ from each other in their stance on this.


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    #3
    Mintoe
    Registered Users Posts: 340 ✭✭Mintoe


    kay 9 wrote: »
    Is there any insurance loading or excess charges on insuring a previously written off vehicle?
    Vehicle in question is currently tested etc.
    It's a UK import if that makes any difference.
    Thanks.

    Some will insure some won’t and others will once you’ve got an engineers report which costs about €200..... I’d recommend www.carinspectionsireland.ie as they’re highly reputable and respected within insurance industry


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    #4
    actuar90
    Registered Users Posts: 242 ✭✭actuar90


    It's not a question on most insurers proposal forms


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    #5
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,720 Mod ✭✭✭✭Henry Ford III


    Not sure that matters tbh. If it's a material fact (I'd imagine it is) it must be disclosed.


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    #6
    Mintoe
    Registered Users Posts: 340 ✭✭Mintoe


    actuar90 wrote: »
    It's not a question on most insurers proposal forms

    When you give them the reg they do their own checks, it’s rarely a question of declaring it or not


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    #7
    actuar90
    Registered Users Posts: 242 ✭✭actuar90


    There are no such thing as voluntary disclosures for insurance. If they don't ask for it/come up in their reg checks then it isn't information they use in pricing the policy.

    I know from experience that many insurers either don't care about cat d/c or don't do checks for that.

    I know I've gotten quotes from Aviva, aig and first Ireland for a cat d car, no problems whatsoever


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    #8
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,720 Mod ✭✭✭✭Henry Ford III


    actuar90 wrote:
    There are no such thing as voluntary disclosures for insurance.....

    That isn't correct at all.

    There is infact an obligation for the proposer to disclose any material fact that might affect the underwriting of the risk.

    It doesn't matter if the insurers specifically ask for something or not.

    It's called the uberrima fides principle.


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