Hi all
I was wondering what the cheapest way of arranging insurance for the SVR?
Land Rover insurance is usually extortionate.
Is it best to insure with main high street company like direct line up to 75k and then insure more by way of GAP?
Thanks

Hi,it all depends on where you live as they vary that much,as for gap,ive just taken it out on mine & Axa was who im with as they are the only one who covers on trader policy,they will pay back to invoice over 1-2 or 3 years. Andy.
21 Ford Ranger
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2014 RRS SC Santorini
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2015 Nissan Navara
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2008 RRS White
2007 RRS Santorino

Yeh such a variation.
Have you a tracker fitted or do you rely on the RR built in one ?

If your insurance doesn't ask for a tracker then I wouldn't bother with one,if your taking gap ins out,would you want the car back if it was stolen,i know I don't if mine goes. Andy.
21 Ford Ranger
Gone but not forgotten
Focus RS Red Edition
2015 RRS AB Fuji.
2014 RRS SC Santorini
2016 VW Amarok
2014 RRS AB Fuji
2012 RRS Red Edition Fuji
2015 Nissan Navara
2012 RRS SE Santorini
2008 RRS White
2007 RRS Santorino

Good point.
Only caveat is you get shafted on renewal with massive hike up of premium

nil07 wrote:

Hi all
I was wondering what the cheapest way of arranging insurance for the SVR?
Land Rover insurance is usually extortionate.
Is it best to insure with main high street company like direct line up to 75k and then insure more by way of GAP?
Thanks

The gap makes the difference up,so you pay 75k on invoice & insurance say only pay 60k for car the gap will then pay the 15k difference.But when making a claim at no time tell your insurance you have gap or they will try giving you less. Andy.
21 Ford Ranger
Gone but not forgotten
Focus RS Red Edition
2015 RRS AB Fuji.
2014 RRS SC Santorini
2016 VW Amarok
2014 RRS AB Fuji
2012 RRS Red Edition Fuji
2015 Nissan Navara
2012 RRS SE Santorini
2008 RRS White
2007 RRS Santorino

Sure, but I thought that he was implying that he would insure for £75k but the car could be costing a lot more?

So under insure and hope GAP does not realise the insurance payout was lower than if insured for the correct amount.  2023 P440e SE Dynamic on order -cancelled

2022 HSE Dynamic P400e

2017 Discovery 3.0 HSE Silicon Silver Nimbus interior and a few extra toys SOLD

2013 HSE Black, Orkney Grey, Ebony Seats and Ivory Interior SOLD

2006 HSE

Plus a few other cars inbetween!

Gap will want to see the invoice & not one from your mate on a piece of paper hand written,it has to be from a vat registered dealer. Andy.
21 Ford Ranger
Gone but not forgotten
Focus RS Red Edition
2015 RRS AB Fuji.
2014 RRS SC Santorini
2016 VW Amarok
2014 RRS AB Fuji
2012 RRS Red Edition Fuji
2015 Nissan Navara
2012 RRS SE Santorini
2008 RRS White
2007 RRS Santorino

That is why I was asking the question!  2023 P440e SE Dynamic on order -cancelled

2022 HSE Dynamic P400e

2017 Discovery 3.0 HSE Silicon Silver Nimbus interior and a few extra toys SOLD

2013 HSE Black, Orkney Grey, Ebony Seats and Ivory Interior SOLD

2006 HSE

Plus a few other cars inbetween!

Jimbg, that's also what I thought he was implying, under insure & gap will cover the shortfall

What I meant was underinsure- not intentionally but only because company x only insures up to value of 75k
And then cover the total with the GAP?

With Tyrefitter’s suggestion do you not run a high risk of being not insured after theft/ accident due to a non-disclosure to the GAP insurer? 2020 Pangea Green 1st Edition D240 New Defender 110 is here and loving it
2018 Melting Silver Mini Countryman PHEV - soon to be replaced
2015MY Corris Grey SDv6 HSE Dynamic, the best car I have ever owned, totally reliable only a cou0le of rattles in 3 years, now no longer in my care
Also in my garage is a 1996 TDi300 Defender 90 County HT made into a fake CSW

You are still insured Tim,its just if you let your ins company know about the gap then they will try offering less than market value.Gap only makes the difference in what ins pay & invoice price. Andy.
21 Ford Ranger
Gone but not forgotten
Focus RS Red Edition
2015 RRS AB Fuji.
2014 RRS SC Santorini
2016 VW Amarok
2014 RRS AB Fuji
2012 RRS Red Edition Fuji
2015 Nissan Navara
2012 RRS SE Santorini
2008 RRS White
2007 RRS Santorino

I am not sure it is that simple.

Assuming they following the practice as with house insurance, you will have 2 possible outcomes.
1. Worse case declare the insurance void and return your premium.
2. Just pay the pro rata amount, so if car was really worth £100k at time of insuring then they will only pay 75% of market value.

With the GAP there is the possibility that they would only pay the difference between market value and purchase price.
Thus leaving you with the 25% uninsured loss.

No idea if this is what would happen, but it would be my concern!  2023 P440e SE Dynamic on order -cancelled

2022 HSE Dynamic P400e

2017 Discovery 3.0 HSE Silicon Silver Nimbus interior and a few extra toys SOLD

2013 HSE Black, Orkney Grey, Ebony Seats and Ivory Interior SOLD

2006 HSE

Plus a few other cars inbetween!