Tony@Greenlight
RMS Trader
Hi All,
Just to let you know that periodically we do look to re-assess the prior models that did not perform well for us against the current market climate and conditions.
Lancer EVO (UK & Imported) and imported Subaru Impreza models have been assessed successfully behind the scenes over the last 6 weeks, which has resulted in their reinstatement from today on a pilot basis.
The value of used models of these vehicles has decreased over the last 3 years and from a Subaru perspective, although still not supported properly by international motors (Subaru UK) the parts availability has improved considreably through third party specialists since we last covered these.
There will be criteria imposed, which will consist of High performance vehicle driving experience of all drivers covered for at least 12 months, a Full UK licence must be held for 3+ years, a minimum of 2 years actual (not named driver or company car) NCB must be available to use on our policy and drivers must be aged 23+ (Subaru Impreza) or 25+ (Lancer EVO) respectively.
It's a tentative pilot that (with our last experience being 3 years ago) we will look to gather some current data from.
If the same trends have continued and albeit with reduced costs our losses show the same excessive patern we will review the pilot and withdraw models as we go. Also, should we experience the same level of single vehicle accidents the responsible individuals will be declined future terms from renewal.
Basically, the longer term reinstatement will hinge upon the collective performance of the owners of these models. Thus you can help both yourself and your co-owners by not being involved in high speed loss of control incidents, or being extremely diligent as to where your vehicle (and it's keys) are located.
As with some of the higher value marques it is likely that Tracking devices will be required for higher value EVO/Impreza models.
To end on a further positive note, we can also cover modified examples of both of the above.
Kind regards
Tony
Just to let you know that periodically we do look to re-assess the prior models that did not perform well for us against the current market climate and conditions.
Lancer EVO (UK & Imported) and imported Subaru Impreza models have been assessed successfully behind the scenes over the last 6 weeks, which has resulted in their reinstatement from today on a pilot basis.
The value of used models of these vehicles has decreased over the last 3 years and from a Subaru perspective, although still not supported properly by international motors (Subaru UK) the parts availability has improved considreably through third party specialists since we last covered these.
There will be criteria imposed, which will consist of High performance vehicle driving experience of all drivers covered for at least 12 months, a Full UK licence must be held for 3+ years, a minimum of 2 years actual (not named driver or company car) NCB must be available to use on our policy and drivers must be aged 23+ (Subaru Impreza) or 25+ (Lancer EVO) respectively.
It's a tentative pilot that (with our last experience being 3 years ago) we will look to gather some current data from.
If the same trends have continued and albeit with reduced costs our losses show the same excessive patern we will review the pilot and withdraw models as we go. Also, should we experience the same level of single vehicle accidents the responsible individuals will be declined future terms from renewal.
Basically, the longer term reinstatement will hinge upon the collective performance of the owners of these models. Thus you can help both yourself and your co-owners by not being involved in high speed loss of control incidents, or being extremely diligent as to where your vehicle (and it's keys) are located.
As with some of the higher value marques it is likely that Tracking devices will be required for higher value EVO/Impreza models.
To end on a further positive note, we can also cover modified examples of both of the above.
Kind regards
Tony