insurance grouping

Post by **Thebusofwoe** » Tue Dec 24, 2013 11:52 pm

Guys, just been looking through insurance groups of cars ive had/own and the lude is crazy high (as i would expect)

. Question is, has anyone had fitted/own a lude with any Thatcham alarm/immobilizer fitted?? And does it reduce the rating/premium down at all?? Cheers chaps

Post by **Donald** » Wed Dec 25, 2013 12:01 am

Another question for @Shiny probably

But it would seem logical to me that an increase in security/deterrent would cause a decrease in premium, but I think we all know that things don't always work logically

'92 Si VTEC · Post by **jjmartin349571** » Wed Dec 25, 2013 12:03 am

I have a Thatchman cat 1 device on my BB4, all I've noticed is that if I don't provide a letter from a garage stating that it's fitted then I don't get contents/theft cover. Bit jobby really

Post by **Thebusofwoe** » Wed Dec 25, 2013 12:26 am

Interesting cheers chaps. I only ask because apparently having a approved fitted Thatcham device of some sort COULD POSSIBLY reduce grouping by up to 2 groups!!

On thatchams site i looked and my vti aerodeck is a group 27D and the lude is a 33D. But that's to be expected as the ludes didn't come with anything apart from optional dealer fitted alarms!!

YouTube · Post by **Sailor** » Wed Dec 25, 2013 1:48 am

jjmartin349571 wrote:I have a Thatchman cat 1 device on my BB4, all I've noticed is that if I don't provide a letter from a garage stating that it's fitted then I don't get contents/theft cover. Bit jobby really

I have the same problem.
Photos of the installation, plus a short video of the lights and the alarm noise etc didn't help. The original supplier still exists, but has no records older than 10 years. Apparently, the insurance is fully comp .... except for theft!

Let's hope any twocker sets light to the car after use - I could then pretend that I drove it to its final destination and all would be OK. Madness.

Mattbigwood · Post by **Mattbigwood** » Wed Dec 25, 2013 12:10 pm

When I insured my BB8 in the summer with Direct Line (for multicar discount) they wouldnt cover it for theft or attempted theft until I got a Thatcham approved immobiliser fitted and sent them a copy of the certificate. There is a good mobile service locally who did it for £125.

89 UKDM BA4 4WS (resto job!) · Post by **wurlycorner** » Wed Dec 25, 2013 7:56 pm

My insurance quotes went up when I told them I had a thatcham cat 1 certified alarm/imobiliser fitted. And now I haven't been able to take it off the insurance database since it went on there

Post by **Thebusofwoe** » Thu Dec 26, 2013 10:34 am

Really?? How strange!! Would of thought it would of come down or added extra cover like the others,

vtectom · Post by **vtectom** » Thu Dec 26, 2013 11:09 am

Green Light insurance merely say you're
not covered for theft if you have no
security systems fitted.

89 UKDM BA4 4WS (resto job!) · Post by **wurlycorner** » Thu Dec 26, 2013 11:10 am

I think may be to do with age/value of the car.
An old car with little value shouldn't need an alarm and the value of any theft claim would be very small to the insurer, so the theft risk weighting in the premium calculation actually reduces the cost attributed to that part of the policy.

If you have an all singing all dancing alarm, it may be seen as you must have done something to the car to increase its value (you've decided it's worth protecting) and therefore increased the insurers liability in the event of a theft claim and so the theft risk rating changes from one which reduces the premium, to one that reduces it less, or even weights it?