I was talking to my mate last night, he was talking about his dad (police officer) and how some of his work colleges are buying a 'retirement' car with there lump sum they get when they retire, so im guessing some flash sports, or at least high insurance group.
He said how they plan to put the highest amount of excess they can and then insure there excess. on something like this http://www.insure4excess.com/motorExcess.asp?curID=1&langID=1&refID=100&subRefID=
Now iv never even thought about that nor heard of it.
But could it be worth it? I mean i havent looked into a great amount of detail about it as i havent had much time.
Has any one had experience? £59.00 sounds too good for £750.
I done a little search but couldnt find.
He said how they plan to put the highest amount of excess they can and then insure there excess. on something like this http://www.insure4excess.com/motorExcess.asp?curID=1&langID=1&refID=100&subRefID=
Now iv never even thought about that nor heard of it.
But could it be worth it? I mean i havent looked into a great amount of detail about it as i havent had much time.
Has any one had experience? £59.00 sounds too good for £750.
I done a little search but couldnt find.