Prestige Car Insurance

Don’t get caught out by new legalislation to crackdown on uninsured motorists !

20/06/2011 in Prestige Car Insurance

20^th June 2011 sees the biggest single change to compulsory third party motor insurance since the advent of the Road Traffic Act

The goal of Continuous Insurance Enforcement (CIE) is to reduce the number of motorists that drive uninsured. The latest estimates suggest that around 1.4 million people in the UK are driving without compulsory third party insurance and that uninsured drivers are costing honest motorists an estimated £500 million in extra premiums.

The new law means that it will be an offence not to insure a vehicle even if it is kept on private property and not being used. The possible consequence for ignoring the legislation ranges from a £100 fine to having a vehicle seized and destroyed. The only exception will be vehicles that have a valid Statutory Off Road Notice (SORN)

Motorists can check for free that they have valid insurance by visiting www.askmid.com

Macbeth Private Clients is a niche Chartered Insurance Broker specialising in prestige vehicle insurance, but we are always happy to discuss with standard private car insurance with our clients, and work with a number of trusted partners in this respect. Contact Carl Sharp, Client Manager on 0118 9452 944 or complete an enquiry form.

Higher premiums for the ladies?

23/02/2011 in Prestige Car Insurance

Major changes could be afoot which will have a dramatic effect on motor insurance premiums. The European Court of Justice (ECJ) has finally announced that it will deliver judgment in the Test Achats case on 1 March 2011. This case challenges the legality of a European Directive which permits insurers to use gender as a risk factor when setting premiums and benefits under policies.

The implications are immense and would effectively mean UK insurers would no longer be allowed to use differential pricing of insurance policies for men and women in comparable situations.

Women under 21 especially could be significant out of pocket as their premiums offer differ by many hundreds of pounds from their male counterparts.

I’m interested in your thoughts.

Prestige Vehicle Cover

15/10/2010 in Prestige Car Insurance

If you have invested over £50,000 in a prestige vehicle you should be really considering the wider cover options available to protect your valuable asset.

Although the premium will undoubtedly be more expensive the cover benefits are vastly superior.

Most standard insurance companies settle claims based on the market value at the time of a claim. There are however some specialist insurers who provide cover on an “agreed value” basis so you know exactly where you stand in the event of a total loss claim.

Other benefits of high value car insurance are:

Fully comprehensive cover whilst driving any vehicle that you borrow

A like for like courtesy car

No deduction for wear and tear following a claim and full original manufactures part, this includes tyres

Replacement of child seats following an accident, even if there is no visible damage

Full European use

Some insurers will offer preferential rates for a combined prestige car and high value home insurance. For further details, contact Be Butler on 0118 9452944 or email ben.butler@macbeths.co.uk

Vanya Hackel and Viki Cooke

08/10/2010 in Prestige Car Insurance, Testimonial

We have been fortunate enough to have been able to take advantage of the dedicated facilities of Macbeths for many years now (in fact, from the first day of their trading!)

Over this time, and continuing, for a variety of both motor and household briefs as well as for demanding professional activities, Macbeths have consistently delivered the most competitive quotations to us, along with a very personal and exacting service

We would not hesitate in fully recommending the good offices of Macbeths for any matter relating to insurance

Vanya Hackel and Viki Cooke