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Hi I'm wanting to buy this mgtf 1.8 1997.Thing is I'm trying to find a classic car insurance company and had a few quotes that are ridiculous high.i own another car with 7 years no claims ,but this hasn't helped lower price.Is a 1997 mgtf eligible for classic insurance and if so can anyone point me in the right direction.I will only be using it every blue moon my wife was buying me it for my 50th birthday coming up,so I dont want to buy it till I make sure.Any advice would be apriceated asap.
Cheers .
 

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mg_tf
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Hello,
This is an F not a TF isn’t it?
Anyway- Classic car insurance should not be a problem on a car over 20 years old - subject to the restrictions which normally come with it, which by what you say, should not cause you any inconvenience.
The normal ‘restrictions’ will include limited mileage with generally a 3,000 mile/a norm, although higher mileages will be available at on costs. You will normally be expected to also own a ‘daily driver’, and perhaps have the car garaged when not in use, and ideally belong to a classic car club.
This form of insurance does not depend on using a NCB, but neither does it earn one. Other bonuses which come with it will be a previously agreed value on the car, subject to photos and a condition form, and normally breakdown cover is automatically included within the premium price.
All in all, premiums usually turn out to be very competitive.
Brokers include :- Peter James Insurance, Footman James, Peter Best, Haggerty etc. etc - the list goes on - just Google ‘Classic Car Insurance’.
Problems can arise where of course TFs are not quite (or very much not) yet 20 years old, but even then, specialist brokers such as Peter Best will cover these under a classic car policy.
Hope some of this helps.
Kind regards,
Austin.
 

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Discussion Starter #3
Thanks for replying il have to ring and speak to a broker iv tried a few including one you mentioned and after doi g online quite its saying unable to quote. Driving me insane lol.my other car I have had 7 years no claims bonus on but that carnt be used for another policy can it ??? I thought classic insurance doesn't use no claims discount so why in quote application does it ask haha.
Carnt get my head round it.cheers
 

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mg_tf
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Why on earth are you trying to do this via. on- line quotation systems? This form of insurance is normally sorted by picking up a phone and talking to nice people. There are a lot more situations that can drive you insane apart from going about this by the good old conversation route.
‘Can’t get my head around it..’ Blinking heck, I don’t think I can spell it out in any more detail.

No, don’t worry about NCB -as I said - it doesn’t depend on it, but as with all other insurances, your claims history and driving record obviously does influence the premium.

F not TF?
 

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mg_tf
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I've got my car 2009 MGTF insured on agreed value. You say the car is worth a certain figure because of its condition.
I had to submit photos proving the mileage and showing the condition. I'm using Adrian Flux insurance but I believe others mentioned earlier do similar things. You will not get agreed value insurance online.
 

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mg_tf
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My 2005TF is on an agreed value classic car policy, with 3000 miles limit and costs just under £90 a year (including occasional business use when the sun is shining).
 

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mg_tf
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Lancaster treat MGf/tf as a classic especially if you are MGOC member which will give you a discount. MY TF costs about £135 with them
 

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mg_tf
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Correction I just checked Volvo V70, MGBgt and TF stepspeed all agreed value for £380 however I am retired
 

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Hi I'm wanting to buy this mgtf 1.8 1997.Thing is I'm trying to find a classic car insurance company and had a few quotes that are ridiculous high.i own another car with 7 years no claims ,but this hasn't helped lower price.Is a 1997 mgtf eligible for classic insurance and if so can anyone point me in the right direction.I will only be using it every blue moon my wife was buying me it for my 50th birthday coming up,so I dont want to buy it till I make sure.Any advice would be apriceated asap.
Cheers .
My 05 TF is insured via Lancaster for about £150 Inc breakdown recovery. I had to search around because many brokers exclude post 2000 cars from classic policies.

Jan T
 

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Discussion Starter #13
Thank you all for you help I can now tell you all that I am a proud owner of a mgf and I love it.
Thanks again folks .👍
 

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mg_tf
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Great.
For the benefit of others in a similar situation, perhaps you could share with the forum who you insured with, and how competitive the premium was.
 

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I've just insured a 2005 TF with Footman James £158 fully comp for me and the wife both around 40 years old. They were cheaper than Peter Best and Lancaster.

Sent from my motorola one macro using Tapatalk
 

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mg_tf
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From Lju’s very favourable quote, I thought it worth trying Footman James for our TF.
Total premium would be £307!
Made up of £190 basic premium, plus £20 something for agreed value, plus £40 breakdown, plus £x legal cover etc. Insurer Aegeus. Normally, with Classic Car policies, agreed value, breakdown etc etc are included as standard. Not with FJ it seems.
Comparison:- Lancaster - same insurer, Aegeus - premium £190 - seemingly including all above.
Peter Best - £202 including all above.
Thought this might be helpful information.
 
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