Insurance

[emax]

Yes, interesting.

HUK24 told me they can't, and I should ask HUK. What's your offer, HUK or HUK24?

 

[rovie]

Yes, interesting.

HUK24 told me they can't, and I should ask HUK. What's your offer, HUK or HUK24?

HULK! Oh sorry, HUK

 

[Ever Pragmatic]

I spotted this earlier and ran a quote just to see. Got an annual premium of £1050 for a 54 y/o with full no claims and £1000 excess.. This seems expensive and I’ll be on the phone to NFU next week as they’re my go to insurer.

Any other UK based folks on here got any other prices?

I’ve now spoken to NFU who do our other vehicles and after a bit of faffing, got a price c £450 per annum, fully comp, £1000 excess for 12,000 miles per annum social, domestic and business commuting.

They don’t actually have the Gren on their system so I ended up going via their underwriting section. They used a land rover 110 2.2d as a proxy. I will have to wait till next week for the formal quote but for my circumstance, NFU are the winner by a country mile. It did help that the Scottish call handler was enthusiastic about the Ineos Gren story and was very interested in the ordering process to delivery..

 

[Cheshire cat]

I’ve now spoken to NFU who do our other vehicles and after a bit of faffing, got a price c £450 per annum, fully comp, £1000 excess for 12,000 miles per annum social, domestic and business commuting.

They don’t actually have the Gren on their system so I ended up going via their underwriting section. They used a land rover 110 2.2d as a proxy. I will have to wait till next week for the formal quote but for my circumstance, NFU are the winner by a country mile. It did help that the Scottish call handler was enthusiastic about the Ineos Gren story and was very interested in the ordering process to delivery..

I bet you could guarantee NFU at least a dozen referrals at that rate. NFU have a great reputation and I will be giving them a call myself. I have a clean license, no claims, countryside address, etc. Would like to think my quote would also be competitive.

 

[DCPU]

They don’t actually have the Gren on their system so I ended up going via their underwriting section. They used a land rover 110 2.2d as a proxy.

So that's a last generation/old shape Defender not the current new Defender?

 

[J8hn]

I bet you could guarantee NFU at least a dozen referrals at that rate. NFU have a great reputation and I will be giving them a call myself. I have a clean license, no claims, countryside address, etc. Would like to think my quote would also be competitive.

Count me in

 

[Ever Pragmatic]

So that's a last generation/old shape Defender not the current new Defender?

I’m not sure, but they understood it was a £60k Ineos. The call was quite long and they even downloaded the brochure to obtain engine power and alarm specs. They we’re trying to use the mild hybrid defender as an proxy and it was them that decided that the 110 defender 2.2 d was a reasonable risk equivalent.

I’ve got to wait for the formal quote next week and I should have mentioned that this was the first time they’d been asked to quote for a Grenadie.

 

[Logsplitter]

Count me in

Count me in too if we can all club together and get a group discount or forum discount

 

[DCPU]

Interesting.

I used the mild hybrid new Defender as a proxy on the price comparison websites to get an indicative quote of £226.60:

For comparison, my current Defender 110 2.2 has a renewal quote of £139.34:

So I'd expect your quote based on an old 2.2 to go up appropriately.

 

[Logsplitter]

Interesting.

I used the mild hybrid new Defender as a proxy on the price comparison websites to get an indicative quote of £226.60:
View attachment 7797180

For comparison, my current Defender 110 2.2 has a renewal quote of £139.34:
View attachment 7797181
So I'd expect your quote based on an old 2.2 to go up appropriately.

Those prices seem too good to be true. I wonder what’s covered in the small print and wheat the excess amount is.

 

[Cheshire cat]

Those prices seem too good to be true. I wonder what’s covered in the small print and wheat the excess amount is.

Those figures reflect better what I currently pay on my Td5 Defender

 

[Ever Pragmatic]

Those prices seem too good to be true. I wonder what’s covered in the small print and wheat the excess amount is.

could be that premiums reflect that, in the main, owners will be ”more mature” and less likely to be boy racers. Perhaps insurers will apply a general old farts premium discount.

 

[DCPU]

Those prices seem too good to be true. I wonder what’s covered in the small print and wheat the excess amount is.

No huge excesses - off the top of my head £500. It's just the combination of factors that apply to me.

That's why I think comparing different people's insurance premiums is interesting but ultimately a bit of a false comparison.

For me, the Grenadier should be more expensive than my quote for an old Defender, as it's worth twice as much, but comparable to the quote for a brand new Defender of equivalent price, engine size and insurance category.

If it's not, and is more expensive, then it can't be my criteria driving the price up, but rather those intrinsic to the vehicle itself. Hopefully, Ineos are working on this with the industry to ensure they have all the information they need to price accordingly. Nothing drives up prices associated with risk more than uncertainty or unknowns.

I would hope Ineos have invited a number of the key players in the insurance market along to a presentation / drive day to see the vehicle for themselves and then they can go away and say "ah its built just like the old Defender but better" and price accordingly.

 

[DCPU]

Perhaps insurers will apply a general old farts premium discount.

Well that 2nd quote was from Saga.

 

[acwiltshire]

I did post several months ago that a collective approach might yield better quotes but the comments were that everyone was different . Seems we might now be 'classified ' as a reasonable risk .... just saying .

 

[Cheshire cat]

Perhaps when any of us check out insurance we should mention this site and say there is a good chance that given a competitive quote, we could almost guarantee extra business.

 

[Krabby]

 

[Cheshire cat]

NFU not wishing to discuss a quote until within 30 days of insuring.
Ever pragmatic. Do you have any contact details? Perhaps if I contact the same person/ Office, we can start to get some inertia.

 

[Ever Pragmatic]

NFU not wishing to discuss a quote until within 30 days of insuring.
Ever pragmatic. Do you have any contact details? Perhaps if I contact the same person/ Office, we can start to get some inertia.

i spoofed the delivery date to 3/1/23 which maybe why I got an indication of premium. I’m awaiting the formal quote from them and as soon as i get it, I’ll update you accordingly.
I called NFU insurance direct 0808 256 3116 and I’m an existing customer which helps.

 

[Jeremy996]

NFU work on a branch office structure, so the local agent and the HQ may not give the same answers.

My NFU office has agreed in principle to cover my Grenadier, (whenever that is), as they previously covered my LR110CSW and currently cover the LR90.