Clubjazz - Honda Jazz & HR-V Forums
Honda Jazz Forums => Honda Jazz Mk1 2002-2008 => Topic started by: ColinB on January 29, 2024, 07:50:09 AM
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Bad news for Mk1 Jazz owners:
https://www.theguardian.com/money/2024/jan/29/how-can-my-old-honda-jazz-be-too-high-risk-to-insure
"Just before Christmas I received a letter from LV= informing me it would not renew the insurance on my Honda Jazz because of the risk of it being stolen ..."
...and ...
"The insurer says although a Honda Jazz may not seem high risk, the number of claims for catalytic converter thefts has risen by 52% in the past three years ... It is not a blanket decision on the brand: only Honda Jazz SE models, made between 2001 and 2008, are affected because of the type of catalytic converter they have."
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Yeah that's not good new at all.
I wonder if LV would reverse their decision if an approved cat clamp or guard were fitted? Much like in the 80's/90's insurers would only cover your hot hatch if you had security that was upgraded from manufactures standard to an approved Cobra alarm or similar.
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Typical insurers, bale out when it suits them.
Now how does one respond to the question "have you ever had insurance refused or special terms imposed"?
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Typical insurers, bale out when it suits them.
Now how does one respond to the question "have you ever had insurance refused or special terms imposed"?
No problem with that as you are not having insurance refused, it's the car that is the problem.
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im with direct line and yes last year they tried to hype my policy up bu about £250 rise . i rang them up blurting out its a joke. they reduced that rise with just over £150 off. so it does pay to moan lol
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You should all read this:
https://www.telegraph.co.uk/money/bills/cars/honda-jazz-se-lv-insurance-catalytic-converter-spate-thefts/
"The humble Honda Jazz is becoming uninsurable following a spate of thefts which has increased the risks of providing cover.
Drivers of the car have been denied cover by the provider LV= following a sharp spike in catalytic converter thefts which has made theft too costly to insure.
The insurer said it has made the “difficult decision” to stop offering quotes to drivers of the SE model made between 2001 and 2008.
It said the model had become a particular target of thieves looking to steal valuable parts."
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You should all read this:
https://www.telegraph.co.uk/money/bills/cars/honda-jazz-se-lv-insurance-catalytic-converter-spate-thefts/
"The humble Honda Jazz is becoming uninsurable following a spate of thefts which has increased the risks of providing cover.
Drivers of the car have been denied cover by the provider LV= following a sharp spike in catalytic converter thefts which has made theft too costly to insure.
The insurer said it has made the “difficult decision” to stop offering quotes to drivers of the SE model made between 2001 and 2008.
It said the model had become a particular target of thieves looking to steal valuable parts."
That particular article seems to be behind a paywall so not easily accessible. The only bit that is visible misleadingly shows the wrong car. Presumably though it's the same content as in the first post in this thread.
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You should all read this:
https://www.telegraph.co.uk/money/bills/cars/honda-jazz-se-lv-insurance-catalytic-converter-spate-thefts/
"The humble Honda Jazz is becoming uninsurable following a spate of thefts which has increased the risks of providing cover.
Drivers of the car have been denied cover by the provider LV= following a sharp spike in catalytic converter thefts which has made theft too costly to insure.
The insurer said it has made the “difficult decision” to stop offering quotes to drivers of the SE model made between 2001 and 2008.
It said the model had become a particular target of thieves looking to steal valuable parts."
That particular article seems to be behind a paywall so not easily accessible. The only bit that is visible misleadingly shows the wrong car. Presumably though it's the same content as in the first post in this thread.
You do need to be a subscriber and yes it is effectively the same article.
Sent from my iPhone using Tapatalk
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Really hope this doesn't screw me over - 2007 Jazz SE as a new driver!!! It's already bad enough with prices. I'm going to a Mazda2, 3 or Volvo C30 if I can't get reasonably insured come November.
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LV are no longer the company if the past, always hunt around when faced with renewal hikes.
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Typical insurers, bale out when it suits them.
Now how does one respond to the question "have you ever had insurance refused or special terms imposed"?
No problem with that as you are not having insurance refused, it's the car that is the problem.
Yes it is as you are being insured not the car. So you are being refused insurance because you own that car.
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Yes it is as you are being insured not the car. So you are being refused insurance because you own that car.
I can see where you're coming from, but UKjim is correct. It wouldn't count as being refused for insurance. It is merely an underwriter declining to cover a particular risk. The risk is being declined because it is not something the insurer covers, not the person being refused.
There are all manner of things insurers refuse to cover. Car types, postcode areas, driving history, occupations etc etc. None of those would count as an individual being refused cover, just an insurer declining a risk. Much like Saga only cover people over 50. Using your logic, everyone under 50 has had insurance refused by Saga?
Either way, it's a real shame if this does put the nail in the coffin of a lot of mk1 Jazz. They're getting thin on the ground as it is, without insurance problems.
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My son drives my 2005 SE. His insurance is due next week. They have increased it by £12. I was stunned as I had warned him he might face a big increase. But then it is written off already and only covered for 3rd party, fire and theft.
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Hi.
If you need any help with insurance at all then please feel free to drop me a line.
Regards,
Dan.
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I just did a CompTheMeerkat search and got prices from £120, cf ~£150 last renewal. 57 plate Jazz SE so deffo the model splattered all over the press. Last insurance was with LV though, needless to say they didn’t show up.
Academic as sold the car at the end of last week. :D
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Hi.
If you need any help with insurance at all then please feel free to drop me a line.
Regards,
Dan.
I phoned adrian flux when I renewed last year and got £1800 with a blackbox, so no thankyou :)
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Your lucky they responded
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I phoned adrian flux when I renewed last year and got £1800 with a blackbox, so no thankyou :)
Not all brokers can be great at all areas of the market.
I would give Adrian Flux a thumbs up, I've always found the team professional and friendly. I've had motorcycles insured with them for years, and my car more than once. Importantly with bike insurance, they understand what things like panniers and bar risers etc are, which makes getting cover easy.
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Hi.
If you need any help with insurance at all then please feel free to drop me a line.
Regards,
Dan.
I phoned adrian flux when I renewed last year and got £1800 with a blackbox, so no thankyou :)
Hi.
I'm sorry we couldn't help out with your insurance last year. We can't be competitive on every quotation I'm afraid. I only wish we could be.
Regards,
Dan.
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If the car is insured 3rd party only, and not third party fire and theft, would third party only mean thrft of a catalytic convertor would not be covered by insurance, is that is correct, then surely cover can be offered, the insurance company is not underwriting the risk
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If the car is insured 3rd party only, and not third party fire and theft, would third party only mean thrft of a catalytic convertor would not be covered by insurance, is that is correct, then surely cover can be offered, the insurance company is not underwriting the risk
If the car is a decline, the cover would be irrelevant. They just don't insure that car period. A bit bonkers for TPO cover, but that's how it's always worked. A black and white situation sadly.
Good thing is thought that we have a large market to turn to and lots of places to try for cover. If you think Jazz insurance is a pain, check out modern Range Rover insurance. Folk are getting quoted £30k if they are city dwellers. Even the very well healed are balking at that kind of quote!
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If you replace the high-value high-risk £1200 (the cat) and £600 (for the two oxygen sensors) Honda OEM catalytic convertor with non OEM parts , such as the well known £90 B&M part and Lucas sensors (£35 each) typically fitted by owners or independent garages after theft Honda part. Would that satisfy an insurer to offer cover for the Jazz?
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Just changed my 2017 Mazda MX5 2 litre for a Jazz 1.5 Sport ,( age catching up and entry and exit was getting more and more embarrassing). But surprised the 2018 Jazz of similar value, but without the speed was £100 more p.a.