While we’re on the sub­ject of in­sur­ance, we asked the team at Lan­caster to up­date us on how other fac­tors can af­fect your pre­mium, both down as well as up.

Total MX-5 - - INSIGHT -

Why does be­long­ing to a car club such as the MX-5 Own­ers Club po­ten­tially re­duce your pre­mium?

Through our long as­so­ci­a­tion with car clubs we know that mem­bers of­ten treat their cars as part of the fam­ily. As mem­bers are there­fore more likely to take great care of their car, dis­counts for club mem­ber­ship are of­fered.

What about new/young driv­ers and MX-5 in­sur­ance?

Driv­ers aged 17–19 only make up 1.5% of UK li­cence hold­ers [1], but are in­volved in 9% of fa­tal and se­ri­ous crashes where they are the driver. One in four 18–24-year olds (23%) crash within two years of pass­ing their test.

An MX-5 is a fairly pow­er­ful sports car and, per­haps even more sig­nif­i­cantly, it’s rear-wheel drive. This makes the car be­have dif­fer­ently, par­tic­u­larly in poor con­di­tions. How­ever, it’s not all to do with age, it’s more about the over­all pro­file.

We would al­ways ad­vise call­ing us if you’re a younger driver so we can dis­cuss your needs. And Lan­caster has re­cently cre­ated a spe­cific scheme for MX5OC mem­bers that con­sid­ers younger driv­ers and of­fers a club rate for true en­thu­si­asts. [1] Data ob­tained from http://www.brake.org.uk/slow­er­speeds-save-lives/15-facts-a-re­sources /facts/488-young-driv­ers-the-hard­facts

With early MX-5S ap­proach­ing 30 years old, do they qual­ify for clas­sic in­sur­ance?

Lan­caster nor­mally of­fers cover for all ages of MX-5 on our clas­sic schemes, as long as the car is used in the ‘clas­sic’ sense – that is, as a sec­ond ve­hi­cle which cov­ers a lim­ited mileage. Dis­cuss your cir­cum­stances with your in­surer for an ac­cu­rate quote.

What’s the in­sur­ance ben­e­fit of a low mileage policy?

If your MX-5 is only used for 1000 miles or so a year, then it stands to rea­son that you are less likely to be in­volved in an in­ci­dent com­pared with some­one who drives 10,000 miles an­nu­ally. There­fore we can usu­ally of­fer re­duced pre­mi­ums to cus­tomers who don’t travel far in their cars.

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