Tag Archives: AIB Insurance

Car Of The Day… Toyota Carina

Todays car of the day is the 1989 Toyota Carina.

This is a very beautiful and rare car today there is only around 20 on UK roads.

Mr M was kind enough to take out this policy with us, which includes both the benefits of salvage retention and agreed value. We are able to offer specially catered policies dependant on your needs!

Thank you Mr M for allowing us to share! If you have a classic vehicle that needs insurance, please call our team today on 02380 268351.

The Car of The Day….. Lotus Elan +2

The car of the day today is the wonderful Lotus Elan + 2.

Mr B has a fantastic policy with agreed value, choice of repairer and also salvage retention through ourselves here at AIB.

 

 

 

 

The Elan +2 was introduced in 1967 with a longer wheelbase and 2 rear seats. 5,200 Elan +2were made. The Elan +2 ceased production in 1975. Because of its successful design and rigorous attention to cost control on the body, chassis, engine and transmission, the Elan went on to become Lotus’ first commercial success, reviving a company stretched thin by the more exotic and expensive to build Lotus Elite enabling funding of the Lotus success in racing over the next ten years.

 

 

Thank you for sending these lovely photos Mr B!

We specialise in classic car insurance so remember to call us on 02380 268351 for all your classic car needs.

Car of the Week! Nissan GT-R

Today’s car of the week is this beautiful example of a 1991Nissan GT-R we recently insured.  
This hand built vehicle was manufactured in Japan and imported as a grey import and at the time, was one of the fastest accelerating production four-seaters.
Mr D was kind enough to take a policy with us which enjoyed the benefits of both agreed value and salvage retention.  Optional classic car breakdown was available at £32.55
Thanks for sharing Mr D.  If you would like to share your car insured with us please call the office on 02380 268351 – we love checking out great cars!

Introducing Scott Paddington….

Due to continued supersonic growth and expansion this past year, the Airsports Insurance Bureau team are very pleased to welcome Scott Paddington as our new Insurance Consultant as part of the Sales team. Scott will be responsible for ensuring each and every one of our valued clients get the very best in dedication and service.

Scott Paddington

 

Scott is a local lad, born and bred in Chandlers Ford and attended Toynbee School. Previously, he worked within the sales department at Snows Motor Group. Prior to that, he worked at both the Hendy Group and Abbey Park Cars. Scott has many transferable skills and possesses a natural interest in all vehicle types. We are confident he will be a valued asset to our team.

 

FAST FACTS: 

Scott was born on the same day as his brother, 8 years apart! 

 

Scott’s claim to fame is that the previous owner of his home address was former Southampton, Chelsea and Republic of Ireland International footballer, Andy Townsend. Andy is now a well known sports panellist and commentator.

 

WE SAY:

“Scott’s joined us recently and hit the ground running. His knowledge of cars is very apparent which compliments his experience and enthusiasm in giving our clients the best quality of service. He’s already insured a couple of his friends and family who are now happy customers of AIB”

AIB Talk Motorhomes

We interviewed Kirby from AIB Insurance, a motorhome, campervan and RV specialist to talk about the latest happenings in the world of insurance:

Are you seeing anything interesting with Motorhome and Camper claims?

The last 24 months have been challenging times for insurers with motorhome, RV’s and camper thefts on the increase. Take North Wales for example – police recently revealed that 30 vehicles worth over a million pounds had been stolen over the past 16 months. They believe thieves in that area were mainly targeting Fiat Ducato and Peugeot Boxer motorhomes using technology widely available on the Internet to override the manufacturer’s security measures that included the electronic immobiliser.

On a national basis though, Ford continues to be the vehicle of choice for most thieves.  Our insurance partner Ageas Insurance tells me Ford manufactured motorhomes make up less than 6% of their motorhome book but the theft rate is ridiculously high. There is no pattern as to where the motorhomes are kept, how long they have been owned or the level of security measures as they’ve seen a variety of scenarios. They have had over £350,000 worth of Fords stolen last year alone which is why they took the decision to work out what model ranges/years of manufacture were affected and decline them.

According to the Association of British Insurers (ABI), motor theft claims have increased by 20% in 2019 and motor theft claims paid by insurers in the first quarter of this year were at their highest for any quarter since 2012 with a payment made relating to vehicle crime every eight minutes. The ABI claims that the increase is in part being driven by keyless car crime whereby hi-tech criminals are able to bypass keyless technology in as little as 20 seconds. This would certainly seem to be the case with a large number of motorhome thefts as an increasing number are being stolen when they are parked on driveways.

Has this seen the cost of insurance increase?

Historically, motorhomes have been rated on three main factors: year, engine size and value (ignoring left hand drives, imports and modified vehicles etc.).  Over the last 12 months, three major motorhome insurers, Aviva, Ageas and Markerstudy have taken the unusual steps to load the premium further or even decline specific years of manufacturer, especially Ford.

Generally, motorhome and campervan insurance rates have remained stagnant apart from specific manufacturers. DIY conversions tend to cost more to insure than a coach built one.

So how can owners prevent a vehicle being stolen?

If your motorhome is stolen, having the right insurance policy in place will mean that you can at least have the peace of mind of knowing that you’ll be compensated financially for your loss. However, an insurance payout can never compensate you for the inconvenience and disruption that vehicle theft causes.

The good news is that most theft is opportunistic and thieves generally don’t like to work too hard. So, if they see a motorhome fitted with wheel locks, steering or handbrake locks or wheel clamps, it may be enough to put them off.  Of course, you can go further by installing an alarm, immobiliser, a tracking device or even installing PIR lights trained on your parking space that illuminate when they sense movement.

What should people look out for when insuring a motorhome, RV or campervan?

It is vital, that you take out appropriate motorhome insurance and select a policy that will cover all your needs.

Motorhome insurance is not like car insurance, it requires specialist knowledge and as such, you should speak to a specialist motorhome insurance provider. Most specialists will provide additional European cover, additional contents cover and cover for gas cylinders, generators and awnings.

We would encourage you to purchase legal expenses as, if you find yourself in a dispute, legal fees can be expensive. Likewise, breakdown cover can be challenging as non-specialist providers may place a height, length or weight restriction on the vehicle they cover.

Another thing to mention when buying cover, is the level of windscreen glass cover that the specific policy your purchasing provides. Many insurers restrict the windscreen cover to £500-£1000 but an owner of an A-Class could be left short and should seek insurers that provide unlimited glass cover.

The motorhome market continues to grow especially relating to the sale of higher value models that cost over £100,000 and that represents a different risk for insurers if they go missing.

What is happening in the classic car world – are vehicles still going up in value?

The classic vehicle market is renowned for its stability and consistency and the VW campervan is a prime example of that. Over the past 10 years, classic vehicle values have been consistently going up, outperforming just about everything I can think of apart from vintage wine. I’d argue that classic vehicles are a better investment here too as it’s possible to use them without instantly destroying their value!

That said, at the top end of the market such as Ferrari, Lamborghini and the like, it looks as though we’re finally seeing the pace slowing and interest levels cooling.

One element of this could be uncertainty. When it comes to high value classics, it’s a global market. Investors may simply be less prepared to spend big at a time of trade wars and uncertain future trading arrangements.

The classic vehicle market is forever evolving as new cars become classics as each year passes.

What’s your favourite classic within the motorhome and campervan arena?

I love the 1967 BMC Princess – it looks bonkers. Whilst it looks like a DIY conversion, it was actually coach-built on a Vanden Plas Princess chassis but was unusually modern for it’s time enjoying power steering and an automatic transmission.  Another favourite would be the VW T25 hightop campervan. Again, it looks so cool and I can imagine myself sitting in it with a hot cup of tea on a cold day looking out over the ocean.

The Implications Of Your Vehicle Being Modified

Whether you are buying a brand new car from a dealer that has had some extras added, purchasing a second hand vehicle that has been modified in some way or are modifying your existing car, you need to be aware that you must notify the insurance company you either have or want to arrange cover with. Whilst many of the major motor insurance companies will be happy to provide you with cover, there are some modifications that may mean you need to arrange insurance with a specialist provider.

If you do not notify the insurer of any modifications you could find that, in the event of a claim, it is declined by the insurance company leaving you with a bill of possibly many thousands of pounds to have to find the funds for yourself.

The British Insurers Brokers’ Association (BIBA) in partnership with Ageas has produced a Report On Modified Vehicles document that makes for interesting reading and could prove quite an eye opener for a lot of people. The report can be viewed via the biba.org.uk website but below we mention some of the highlights.

Some insurers take the view that a modification to a car is where the manufacturers’ standard specification has been altered in any way with this also including optional extras that have been fitted to the vehicle either by the dealer or the manufacturer of the car when it was brand new where it results in its appearance, attractiveness, value or performance being improved making it more appealing to thieves. Other insurance companies take the view that a vehicle can be classed as modified if any changes have been made to it since it was originally supplied by the manufacturer of the vehicle.

As an example, if you had expensive leather seats fitted as an optional extra and this increases the value of the car then you should notify the insurer. Most insurers would cover this extra but may result in an increase in premium. However, if you had something fitted or done to the car that improved engine performance then you should be aware that not all insurance companies will consider covering the vehicle so it may be necessary to try to source cover from a specialist insurer. In this case, not only may you have to pay more for the cover but also you may be subject to a higher excess. If you had locking wheel nuts added then it would be a good idea to notify your insurer with most insurance companies finding such a modification acceptable and it is unlikely your premium would increase.

There are so many potential modifications such as a rear spoiler, special paintwork, a badge stating that the performance has been increased, suspension changes, wider wheels and tyres, larger speakers, roll bars, flared wheel arches, engine chip, exhaust system changes and uprating the brakes to name but a few.

If you are considering making any modifications or adding extras to a vehicle or you are aware any have been made or fitted then inform the insurance company or broker no matter how minor they may seem. If you are buying a used car then ask the person who is selling the car if there have been any extras added or if it has been modified in any way. Make sure that any modifications are noted on your insurance documents.

You will be pleased to hear that here at AIB Insurance we have many years experience in arranging specialist cover on modified vehicles. So, why not give us a call on 02380 268 351 and speak with a knowledgeable member of our team who will discuss your requirements in detail and do all that he or she can to source suitable competitive cover.

Kitsune Insurance Added To Our Panel

We are pleased to announce that Kitsune Associates Ltd has been added to our closely vetted panel of motor insurance providers. The business has come a long way since it was established as recently as 2016 and forms part of the Brightside Group.

Kitsune Associates, by pure coincidence, is located close to our offices and has a team of individuals who have many years’ experience in the manufacturing and underwriting of insurance products for the motor sector. It is currently focused on car and commercial vehicle products with the aim of producing products that are priced competitively and offer value to the customer

In adding Kitsune Associates to our panel, we believe this will prove to be of benefit to many of our customers looking to insure their motor vehicles as the more options that we have in terms of insurance providers the better for our valued clients.

Kitsune Managing Director Trevor Bowers said “We know and have worked with the team at AIB previously and have always been impressed with the work they do in the Non-standard motor market. We look forward to working closely with the team and joining their panel of carefully selected insurers.”

AIB Branch Manager Kirby De-Gray Birch commented: “We were extremely pleased with the quality of product and professional service we saw from the team at Kitsune Associates. This wasn’t a surprise as our management team have known Trevor (Kitsune Managing Director Trevor Bowers pictured) both on a professional and personal level for many years and even locked horns on the cricket field regularly in the 90’s.”

“They are passionate about providing a high-quality service at a competitive price and together with Bruce (Kitsune Underwriting and Pricing Director Bruce Coxwell), they have assembled an exciting team.  Whilst it is early days in our partnership, we are sure that we have made the right decision in adding them to our panel. We look forward to a long and successful business relationship with them for the benefit of all concerned including, of course, our valued customers”.

To find out more about Kitsune read here: https://www.brightsideinsurance.co.uk/kitsuneassociates/

 

October Sees Fall In New Car Sales

The motor trade industry has been going through a tough period for quite a long time so it is disappointing to hear that the number of new cars sold here in the UK in October 2019 has fallen for yet another month.

In October 2019, the number of new cars registered amounted to 143,251. In the same month last year, the figure was 153,599. That is a reduction of 10,348 equating to a drop of 6.7%. The sale of new cars for the private sector dropped by 13.2% from 69,225 to 60,083 in October 2019, new fleet car sales saw a minimal rise of 0.3% from 79,703 to 79,912 and the sale of new cars for the business sector dropped significantly by 30.3% from 4,671 to 3,256.

It will probably not be a surprise to read that the sale of new diesel cars dropped by 28.3% from 48,381 in October 2018 to 34,666 in October 2019. New petrol car registrations also dropped by 3.2% from 92,348 to 89,371. Interestingly, the market share for registrations for new alternatively fuelled vehicles in October 2019 was 9.9% compared to 6.9% for the same month last year.

When you look at the figures for the year to date to October 2019, it is also disappointing. Total new car registrations were 2,005,522 compared to 2,064,419 for the same period to October last year with this being a drop of 58,897- a fall of 2.9%.

The top 3 selling new cars in October 2019 were the Ford Fiesta – 5,138, Nissan Qashqai – 4,084 and the Volkswagen Golf – 3,976. The top 3 selling new cars on a year to date basis to October 2019 were the Ford Fiesta – 69,702, Volkswagen Golf – 50,468 and the Ford Focus – 49,517.

Whilst writing, it is worth noting that the number of used cars sold here in the UK for the third quarter of 2019 was 2,076,382 compared to 2,057,457 for the same period last year – an increase of 18,925 equating to a rise of 0.9%. On a year to date basis to 30th September 2019 the number of second hand cars sold was 6,130,762 whereas for the same period last year the figure was 6,182,547 – a drop of 51,785 equating to a fall of 0.8%.

The top 3 selling used cars in the third quarter of 2019 were the Ford Fiesta – 90,428, Vauxhall Corsa – 77,101 and the Ford Focus – 75,093.

The above figures can be found on the Society of Motor Manufacturers and Traders (SMMT) website.

If you are looking to insure a new or used car, whether it be for the first time or your existing cover is shortly due for renewal, why not get in touch with a friendly, knowledgeable member of our team here at AIB Insurance on 02380 268 351 who will be pleased to discuss your requirements and obtain a no-obligation, competitive quotation from our extensive, closely vetted panel of insurers.

The New Macan Turbo – Stronger, faster, more agile

The new 2.9-litre, six-cylinder biturbo engine in this extensively reworked top model offers 324 kW (440 PS; Fuel consumption combined 9.8 l/100 km; CO2 emissions combined 224 g/km), ten per cent more power output than its predecessor with 20 per cent less displacement. With the optional Sport Chrono Package, this car can get from a standing start to 100 km/h in 4.3 seconds – three tenths faster than before. The car’s top speed is 270 km/h (plus four km/h). Deceleration has also been improved: the new Macan Turbo comes with the powerful Porsche Surface Coated Brake (PSCB) fitted ex works, as part of the optimised chassis. Externally, the Macan Turbo is characterised by the styling features of the revised model generation. The new top model also sets itself apart thanks to unique accents such as the Turbo-specific front apron and the fixed roof spoiler with its double-wing design. Drivers and passengers alike benefit from the Macan’s enhanced interior, in-cluding adaptive 18-way sports seats and a BOSE® Surround Sound system.

Powerful biturbo engine with central turbo layout

The new Macan Turbo’s 2.9-litre engine, which is already used by Porsche in its Cayenne and Panamera models, is a latest-generation engine in what is known as the central turbo layout. Both exhaust turbochargers have been arranged inside the V of the cylinders. The cooled exhaust manifold has been integrated into the cylinder head for highly efficient combustion. The short exhaust paths between the combustion chambers and the turbochargers permit rapid build-up of power and a particularly spontaneous response. The engine delivers 29 kW (40 PS) more than the 3.6-litre, six-cylinder turbo in the predecessor model and a maximum torque of 550 Nm between 1,800 and 5,600 rpm. Power transmission is provided by the seven-speed PDK dual-clutch gearbox and Porsche Traction Management (PTM) all-wheel drive. NEDC con-sumption stands at 9.8 l/100 km.

Optimised chassis with the Porsche Surface Coated Brake

The new Macan Turbo comes with the Porsche Surface Coated Brake (PSCB) as standard to match the excellent driving dynamics. These innovative, high-performance brakes are exclusive to Porsche and, with a tungsten carbide coating on the discs, offer a faster response, less wear and up to 90 per cent less brake dust compared with conventional cast iron brakes. The high-gloss brake discs and white painted brake calipers are characteristic for PSCB and are now available as an optional extra for all other Macan models as well. Optional height-adjustable air suspension with optimised rolling pistons and new shock absorber hydraulics, Porsche Torque Vectoring Plus (PTV Plus) and the Porsche Ceramic Composite Brake (PCCB) are available for a further increase in dynamics. The new 20-inch Macan Turbo wheels come as standard.

The new 2.9-litre, six-cylinder biturbo engine in this extensively reworked top model offers 324 kW (440 PS; Fuel consumption combined 9.8 l/100 km; CO2 emissions combined 224 g/km), ten per cent more power output than its predecessor with 20 per cent less displacement. With the optional Sport Chrono Package, this car can get from a standing start to 100 km/h in 4.3 seconds – three tenths faster than before. The car’s top speed is 270 km/h (plus four km/h). Deceleration has also been improved: the new Macan Turbo comes with the powerful Porsche Surface Coated Brake (PSCB) fitted ex works, as part of the optimised chassis. Externally, the Macan Turbo is characterised by the styling features of the revised model generation. The new top model also sets itself apart thanks to unique accents such as the Turbo-specific front apron and the fixed roof spoiler with its double-wing design. Drivers and passengers alike benefit from the Macan’s enhanced interior, in-cluding adaptive 18-way sports seats and a BOSE® Surround Sound system.

Powerful biturbo engine with central turbo layout

The new Macan Turbo’s 2.9-litre engine, which is already used by Porsche in its Cayenne and Panamera models, is a latest-generation engine in what is known as the central turbo layout. Both exhaust turbochargers have been arranged inside the V of the cylinders. The cooled exhaust manifold has been integrated into the cylinder head for highly efficient combustion. The short exhaust paths between the combustion chambers and the turbochargers permit rapid build-up of power and a particularly spontaneous response. The engine delivers 29 kW (40 PS) more than the 3.6-litre, six-cylinder turbo in the predecessor model and a maximum torque of 550 Nm between 1,800 and 5,600 rpm. Power transmission is provided by the seven-speed PDK dual-clutch gearbox and Porsche Traction Management (PTM) all-wheel drive. NEDC con-sumption stands at 9.8 l/100 km.

Optimised chassis with the Porsche Surface Coated Brake

The new Macan Turbo comes with the Porsche Surface Coated Brake (PSCB) as standard to match the excellent driving dynamics. These innovative, high-performance brakes are exclusive to Porsche and, with a tungsten carbide coating on the discs, offer a faster response, less wear and up to 90 per cent less brake dust compared with conventional cast iron brakes. The high-gloss brake discs and white painted brake calipers are characteristic for PSCB and are now available as an optional extra for all other Macan models as well. Optional height-adjustable air suspension with optimised rolling pistons and new shock absorber hydraulics, Porsche Torque Vectoring Plus (PTV Plus) and the Porsche Ceramic Composite Brake (PCCB) are available for a further increase in dynamics. The new 20-inch Macan Turbo wheels come as standard.

Unique design with turbo front apron and double wing at the rear

The new Macan Turbo demonstrates its range-leading status thanks to the exclusive front apron, with three large air intakes and high-level front lights, as well as the stand-ard LED headlights including the Porsche Dynamic Light System (PDLS). From the side, this top model sets itself apart with 20-inch Macan Turbo wheels, Sport Design side skirts and Sport Design exterior mirrors in body colour. The specially developed fixed roof spoiler with its double-wing design is typical for the Turbo model. The sports exhaust system, fitted as standard, can be recognised by its unique, silver twin tailpipes.

18-way sports seats and surround sound system as standard

The Macan Turbo, the new flagship model in the range, offers particularly high-quality equipment. Adaptive sports seats with smooth leather upholstery, electric 18-way adjustment and a comfort memory package are standard features. The high-quality ambience is rounded off by the Alcantara roof lining and the brushed aluminium interior package. The heated GT sports steering wheel, which is familiar from the 911, is available as an option for sporty drivers.

Porsche Communication Management (PCM) with a 10.9-inch full HD touchscreen is fully networked as standard and connected to a BOSE® Surround Sound system with 14 loudspeakers and a total output of 665 watts. It includes online navigation with real-time traffic information and smart voice control. Other standard features include Por-sche Connect Plus, which comes with an LTE telephone module, an integrated SIM card and a slot for an external SIM card, as well as a Wi-Fi hotspot and numerous Porsche Connect services.

The options list now includes a smartphone cradle with Qi standard inductive charging for all Macan models. A heated windscreen, an ioniser to improve the interior’s air quality and the new traffic jam assistant, including adaptive cruise control, are also available. As well as being able to accelerate and brake semi-automatically up to 60 km/h, the system helps the driver to steer in traffic jams and slow-moving traffic.

 

The new Macan Turbo is now available to order.

Significant Increase In Accident Claims During School Term

It is no secret that the roads are much quieter during rush hours when children are on school holiday and the time taken to get to work tends to drop. Some interesting research has been carried out by Admiral Car Insurance relating to the number of car accidents that take place in school term time when compared to the school holidays.

In the last five years, the number of claims submitted for accidents taking place between the hours of 8am to 9am and 3pm to 4pm increased by an average of 32% when children were at school compared to when they were on their summer holiday.

We are sure that you will agree the above is a large increase and is somewhat concerning.

It is interesting that the research by Admiral Car Insurance revealed that during the school rush hour in the morning motorists were most likely to collide with a third party vehicle by going into the back of them whilst in the afternoon a motorist was most likely to have their car hit whilst left unattended or parked.

The research found that 67% of motorists felt it was not as stressful commuting to work when school children were on holiday compared to when children were back at school.

According to the report, when a parent has to drop off a child at school or the nursery on the way to work, the distance travelled rises from 20 miles to 36 miles and the time taken goes up from 32 minutes to 54 minutes.

There is no doubt that driving a car is not as stressful during the school holidays when compared with driving in term time with 66% of motorists believing this to be the case.

It is the opinion of 71% of motorists that far too many parents take their children to school using a car. There are other potential modes of transport such as train, bus, cycling or walking.

A parent can become distracted by their children when driving them to school so it is important that they concentrate on the road to reduce the possibility of being involved in a road traffic accident.

If your car insurance policy is shortly due for renewal or you are looking to arrange cover for the first time then why not give us a call on 02380 268 351 and have a chat with one of our friendly, knowledgeable members of staff. He or she will be happy to discuss your requirements in detail with a view to proving you with a tailor-made, competitive quotation for your perusal. You will be pleased to read that we have an extensive panel of vetted insurance companies on our panel. If you wish to go ahead with the cover then we will be able to assist in putting the policy in place as quickly as required.