Will do. Thanks for the info. I've only looked at ALA so far as they seem highly recommended- £542 for the same cover as PRG...but they exclude vehicles priced over £125k which mine just exceeds.
Mine is just over £100k so much smaller gap to cover
To get 3yr RTI cover for vehicle priced > £125k, I'm looking at £649 with Fortegra...so £107 more than ALA (whose policy excludes vehicles >£125k).
What a pain the £125k cap is! Does your main policy provide replacement with new or back to invoice for the first year?
It (Admiral) would provide a new vehicle replacement of "same model and specification" BUT (as posted upthread) there's a get-out clause that looks 100% likely to trigger with a Taycan- if one of the same model and specification is not available from UK stock, the most they'll pay is the market value. (Perhaps not an issue when market value is higher than invoice price, but I'm not banking on that or insurance companies accepting it).
Yep Aviva has the same wording
Thats why they invented GAP insurance covering the car for 3 years.
I've learned that, although for the 1st 12 months, a fully comp policy's New Replacement cover could be adequate, it's not for a highly optionable relatively low production volume vehicle with overwhelming demand.
No-one buys insurance for the ‘expected value’, they buy insurance to protect against extreme events (low probability, high impact) which could cause losses if many multiples of the premium.
Thanks David- the first 3 days have exceeded the high hopes I had for it- I hope you enjoy a similar experience next week.
Are you saying that when you buy insurance you expect to receive back more than your premium?
