seventh April 2023
You may not be stunned to study that a few of our beloved every day drives at the moment are more and more the goal of thieves. This can be a sector that has seen many shun the normal ‘German Tourer’ over the past decade or so and transfer into bigger, costlier 4x4s. Most notably, Vary Rovers.
It’s hardly stunning then that with world shortages of each elements and vehicles, the worth of those autos has rocketed for thieves over the previous couple of years. As such, thefts are reaching virtually epidemic proportions in sure elements of the nation, most importantly contained in the M25.
This has been backed up by a report by fellow SCD associate, SmarTrack, confirming Vary Rovers at the moment are seven occasions extra more likely to be stolen than every other automobile.
While there are specific measures you have to be taking to finest defend your portfolio, which we mentioned in the latest SCD Journal, one main concern for homeowners is the influence this has on the flexibility to acquire insurance coverage.
With Land Rover themselves now not providing insurance coverage for their very own autos, many different insurers are following go well with and can both point-blank decline cowl or impose restrictive phrases.
Right here’s what Andrew Palmer, First Level Director and fellow member, has to say a couple of answer that First Level can supply for one of the simplest ways ahead.
“From member to member, I can perceive and sympathise with the place we discover ourselves in. I’ve not too long ago moved out of my very own Vary Rover into a brand new Macan GTS because the insurance coverage was simpler to facilitate, regardless that I had owned the automobile for a couple of years claim-free.
My finest recommendation proper now’s to make sure that, if potential, the automobile is saved in a locked storage. If not, behind gates and out of sight from the highway. It ought to be fitted with a minimal of a Class 5 monitoring gadget, though for a lot of insurers, even this may not be sufficient. A Class 5+ (with immobiliser) will typically be required.
However the place many SCD Members will miss a trick is to make use of their shopping for energy to leverage the place of their favour. Proper now, a Vary Rover will in all probability be tougher to insure the supercar sat in your storage. Combining all vehicles within the portfolio, and maybe even the house insurance coverage too, will give insurers a extra enticing proposition. This may assist negate the problems of making an attempt to insure a Vary Rover individually.
Attain out to myself and my group on 01604 498880 if you wish to see how we may help navigate this collectively.”
