Just a quick message to say certain insurers including Markerstudy, Aviva and LV= are now issuing green cards for clients travelling after 31st March 2019.
We recommend if you are travelling in Europe you contact us 14 days prior to departure to ensure cover is maintained. You can contact us on the usual number 02380 268351.
Many Thanks.
We’ve been arranging motor insurance for almost any type of vehicle for many years now. From the modern super car through to the classic and vintage car owner including military vehicles, from the motorhome or kit-car enthusiast to those who modify or import cars we tailor insurance around our clients needs.
With a variety of the UK’s leading insurer partners our clients can arrange ‘agreed value’ cover, business use, salvage retention and discounts for garaging, security or limiting the mileage.
But can you name the 6 vehicles below we’ve recently insured? No cheating!
Airsports Insurance Bureau are delighted to announce expanding our Private Client Insurance team with the addition of Relationship manager, Byron Cuff.
Byron’s technical knowledge and experience of the finance sector will assist in managing, developing and growing the private client division. He will also be working with the established team of Client Advisors to develop and further strengthen relationships with our leading insurer panel.
Byron comes to AIB with over a decade of experience in financial services. In his previous position, Byron was with Simply Health as a corporate client Relationship Manager and prior to that spent 7 years with BeWiser Insurance as Training Manager and latterly, Brand Manager.
AIB spokesperson Megan Greer said: ‘We are delighted to welcome Byron to the Private Client Team in Eastleigh. The appointment is a reflection of our significant growth within the high net worth personal lines arena and our desire to ensure that we continue to offer our clients the best customer service on the market. Byron is a strong addition to the team and his expertise and experience will help continue to take our business forward.’
Byron added: ”I’ve known the management at AIB for many years and watched the company expand and grow so am delighted to be joining such an ambitious business where I can really add value and hit the ground running. I’m really excited developing new business and taking current business to new heights.”
Byron lives locally in Andover with his partner Klara, has a third nipple, typically supports Manchester United Football Club and is allergic to bees. Some years ago he once saved two people’s lives in the space of a week. He noticed a 12 year old boy drowning in a swimming pool and jumped in and saved him and then the following day returned to his car whilst shopping to find a man on the ground having a heart attack.
All the very best of luck Byron.
Hang gliding can certainly have its scary moments but when you take to the skies for your first trip in a hang glider accompanied by an instructor you would hope that you are in safe hands. Well, an American who recently made such a trip may beg to differ.
Chris Gurksy from the USA was recently on holiday in Switzerland and decided to go hang gliding for the first time no doubt to enjoy some of the beautiful green fields as well as the mountains. Unfortunately, the adventure did not quite go according to plan due to a serious oversight.
Regrettably, his safety harness was not attached to the hang glider and this was not something that was noticed by the instructor until it was too late. The pair took off from the edge of a mountain several thousand feet tall. By the time they realized something was not quite right they were unable to stop getting airborne.
Mr Gurksy found himself holding onto a bar with one hand and with the other could be seen holding onto the back of the instructor who was having difficulty controlling the hang glider.
Apparently, both were airborne for over 2 minutes during which time Mr Gurksy was no doubt very scared and possibly thought that his life was about to come to an untimely end. Fortunately, this did not happen but when the hang glider descended Mr Gurksy’s feet hit the ground at a speed of around 45 mph and he ended up tearing his left bicep tendon. He also broke his wrist that was no doubt very painful.
Some of you may be surprised to read that Mr Gurksy would like to take to the skies again in a hang glider when he will hopefully have a more enjoyable flight. He is obviously a very brave man as, having gone through what he did that could have resulted in his death, there are possibly a lot of other people who, having had the same worrying experience, would never want to see a hang glider again. We wish him a more successful and uneventful flight when he next gets airborn in a hang glider.
Here at AIB Insurance, we have many years experience in arranging cover for a range of airsports. So, whether you are looking for cover for the first time or your existing policy is shortly up for renewal, why not give us a call on 02380 268 351 and have a chat with a knowledgeable member of our team who will happily obtain a no-obligation, competitive quote from one of our vetted insurers. We look forward to being of assistance to you.
The Association of British Insurers (ABI) has produced some interesting statistics in November relating to motor insurance claims. The data reveals that there has been an increase in the amount paid out so far in 2018 when comparing the same period in 2017. In fact, a record amount has been paid out so far this year.
So far this year, motor insurance providers have paid out an average of £23 million every day. This is a sizeable sum of money.
This means that, so far in 2018, £6.4 billion has been paid out to motorists who have submitted motor insurance claims to their insurers. It is interesting to read that this figure is 4% more than the amount paid out to meet motor insurance claims in the same period in 2017.
There have been 41,000 claims settled so far this year by motor insurer providers with this being a rise of 11% when compared with the same period in 2017. Some £3 billion was spent on motor repair bills with this being an extra 5% when comparing the figures for the same period in 2017. The average payout per claim is £2,137. This may seem a high figure but one of the factors impacting on increased payouts is because many cars built now come with things like reversing sensors and the cost of replacing them is quite significant.
It is concerning to read that the amount paid out in claims as a result of vehicle thefts so far this year is £271 million. That figure is high and a staggering 32% more than for the same period in 2017. It is no doubt a traumatic experience to get back to where you last parked your car perhaps to do some shopping only to discover that it has been stolen. Thank goodness for motor insurance.
Let us hope that the above data does not result in a greater number of people seeing their car insurance premiums increase at renewal. If you receive notification that your premium is going to go up then make sure that you are ready to obtain one or more quotes from other providers to compare with the cost of your existing cover. Here at AIB Insurance, we have an extensive panel of insurers who we can obtain one or more competitive motor insurance quotes from for you without any obligation to proceed. So, why not give us a call on 02380 268 351 to discuss your requirements with a member of our team.
Classic car enthusiasts may be interested to read about the auction of a number of classic vehicles that took place on the 17th October 2018 at the Imperial War Museum, Duxford. The event was run by H &H Classic Cars. Below we mention some of the cars that were sold but full details can be found on the H & H website.
A 1962 Austin-Healey 3000 MK 11 that had an estimated price of £18,000 to £22,000 was actually sold for much more than that – it went for £30,375. This open soft top Colorado red sports car had been in the same ownership since 1969 and has only 38,457 miles on the clock making it a very low mileage vehicle. It has a 132 bhp engine and comes with 60-spoke wire wheels. It certainly looks fantastic.
A 1947 Lea-Francis 14hp Drophead Coupe had an estimated price of £9,000 to £11,000 
buactually sold for £14,625. This vintage vehicle only has 23,000 miles on the clock. It has a red leather hood and interior trim. It was once owned by the father of a well known pop star – Mike Maxfield.
A 1986 Mercedes-Benz 300 SL had an estimated price of £14,000 to £18,000 but was sold for a figure of £20,250. It had been in the possession of the same owner for 16 years and had 86,295 miles on the clock. It has cream bodywork. It has a factory hard top with a rear seat option. It has a 2,962cc engine producing 187bhp and a top speed of around 130mph.
A 1960 BMW Isetta 300 had an estimated price of £14,000 to £16,000 but actually sold for 
£19,406. This is a four-wheeled bubble car with only 11,888 miles on the clock. It has had 4 owners. It only has a 298cc engine. It has a pale green bodywork. It looks delightful.
A 1953 Sunbeam Alpine had an estimated price of £10,000 to £12,000 but achieved a sale price of £15,468. The bodywork is a stunning red. This is a rare classic car with only 1,582 being built. It has 80,928 miles on the clock.
A 1935 Rolls-Royce 20/25 Sedanca de Ville had an estimated sale price of £18,000 to £22,000 but
was sold for £23,625. The bodywork is in black and the car is in need of some restoration work to bring it back to the standard you would expect to see such a vehicle in.
A 1929 Hillman 14 Tourer had an estimated sale price of £14,000 to £16,000 but achieved a sale price of £19,125. Its previous owner before being sold at the above auction had had the vehicle since 2000. It has a 1953cc engine. It has 4 seats and a soft top.
When you apply for a quote for car insurance, whether it is direct with the insurance company, through a broker like ourselves or via a price comparison website, you will be asked a number of questions to assess the risk you present to the insurer of making a future claim and to provide you with a quotation for the cover you require. These questions include things like your age, marital status, where you live, make and model of car, where the car will be parked overnight, how many miles a year you drive, what you will use the vehicle for, whether you have any driving convictions or claims and your employment status.
MoneySuperMarket.com has done some research into the impact employment status may have on how much you will be quoted for your motor insurance that makes for interesting reading so we thought we would share with you some of the results that is based upon data in January 2018. It just shows how important it is that you provide accurate information in this respect as far as how much you will be quoted for your cover.
If you are a housewife then the average premium was £563.04 per annum. However, if you mistakenly stated on the quotation request form that you were unemployed then you can expect to pay, on average, an extra £146.39 per annum. That is an increase of 26%.
If you are a student then the average premium was £1,327.87 per annum. However, if you stated by mistake that you were a mature student living at home then you can expect to pay, on average, an extra £92.95 per annum. That is an increase of 7%.
If you are retired then the average premium was £265.66 per annum. However, if you made an error and stated that you were unemployed then you can expect to pay, on average, an extra £98.29 per annum for your cover. That is an increase of 37%.
If you are a student then, as stated above, the average premium was £1,327.87 per annum. However, if you stated incorrectly that you were unemployed then you can expect to pay, on average, an extra £677.21 per annum. That is an extra 51% which we are sure you will agree is a huge difference.
As you can see, as stated earlier, it is vital that accurate information is provided when applying for a quotation for car insurance or indeed any form of insurance as deliberately providing false details has a number of potential implications including the insurance company refusing to pay out in the event of a claim.
If you require a quote, perhaps because your existing policy is shortly coming up for renewal or if you are a young motorist looking for cover to insure your first car, then why not get in touch with us here at AIB Insurance on 02380 268 351 and speak with an experienced member of our team who will discuss your requirements and obtain one or more competitive quotations for your perusal and consideration without any obligation. We look forward to hearing from you.
We are now in autumn with the daylight hours rapidly getting shorter and it will not be long before winter is upon us. During these seasons, we can be subject to inclement weather such as heavy rainfall and snow. This may come as a surprise to many of you but, according to the Environment Agency, here in England there are 5.2 million homes that are at risk of being flooded. We are sure you will agree, that is a huge number. Many of the homes that are at risk of flooding are located near the coast, rivers and reservoirs.
However, what is rather concerning is that fewer than 10% of those homeowners believe that they are at risk of seeing their homes flooded with water. Also, a lesser percentage of people, have made contingency plans to deal with a flood.
Another concerning and sad statistic is that 36 people have lost their lives in England and Wales in the last 10 years due to flooding. Flooding has also had a negative impact on a lot of people’s mental health.
So, what can you do in the event of a flood warning? Well, if you have more than enough time, you may wish to focus on making sure that your family and pets are safe which may involve vacating the premises and moving to a safe temporary premises. If you have time, move your possessions and contents such as furniture upstairs out of harms way. Make sure that you have turned off the gas, electric and water. You may wish to prepare a bag of food and non-alcoholic drinks and add some medicines such as pain relief tablets. You may also wish to have a supply of sandbags to be used to try to stop the floodwater getting in through the outside doors.
If you are in immediate danger then you should ring the emergency services on 999 and take their advice. Do not attempt to vacate the property if the flood levels are such that it is too dangerous to do so – far better to wait for the emergency services to rescue you either by land, water or air.
You may also wish to check to make sure that your household insurance covers you for loss and/or damage to the building, fixtures and fittings and the contents and personal belongings caused by flooding. Many household items that are damaged by flooding would need to be replaced with new items so it is important that your home insurance covers you for this.
In this respect, if you are looking for household insurance for the first time or require a quote to compare with your existing insurance, then why not get in touch with us here at AIB Insurance on 02380 268 351. We have an extensive panel of insurers at our disposal.
With rumors of the government increasing Insurance Premium Tax again, we sent an open letter to our MP, Mims Davies. Continually increasing the tax on socially positive motor & home insurance acts as a disincentive to buy, hits the poorest hardest & shouldn’t be a cash cow for the Treasury:
Mims Davies
The House of Commons
London
SW1A 0AA
October 2018
Dear Mims Davies MP
Airsports Insurance Bureau is a firm that provides insurance in your constituency. Our firm helps to arrange insurance for business and consumers throughout the area and in our capacity as agent of the customer; we act in the best interests of insurance buyers, finding them the best policy for their needs.
We are greatly concerned by the sudden and sharp increases in Insurance Premium Tax that have happened since November 2015 – doubling the rate from 6% to 12%. Further, the Chancellor has indicated that further increases are not only possible – but are likely.
Insurance Premium Tax was introduced in 1993. Before this, the purchase of insurance attracted no tax. Insurance allows people to take responsibility for themselves and their assets, and actually reduces the burden on the state should things go wrong.
Our trade body, The British Insurance Brokers’ Association, has made a comprehensive representation to HM Treasury, calling for a freeze in the rate of Insurance Premium Tax: https://bit.ly/2xWD7p3
As a regressive tax, Insurance Premium Tax penalises those who pay more for their insurance. This includes groups such as young drivers and communities in flood risk areas. For example, the tax contribution for a £1,500 young driver’s policy has increased from £90 to £180 in the last 24 months alone. With young drivers more likely to drive without insurance, any further increases are likely to have an impact on the number of uninsured drivers on the UK’s roads.
HMRC’s policy objective IPT01300 states “that IPT should make the required contribution to UK Government revenue while minimising the effect on the take up of insurance”. It is clear such significant increases are indeed likely to be to the detriment of uptake.
In your capacity as our local MP, I would be very grateful if you could take up this issue with the Financial Secretary to the Treasury, Mel Stride ahead of the Budget this month, calling for a freeze in any further increases for the term of this Parliament.
Yours sincerely,
Airsports Insurance Bureau
There are a couple of interesting auctions coming up in the next few weeks at which you could have the opportunity to buy classic vehicles once owned by “A” rated film stars. Presumably, these vehicles will no doubt carry a premium in view of their previous ownership.
Many of you will have heard of the late Marilyn Monroe. Well, John Juilien’s Icons and Idols: Hollywood auction is taking place on the 16th and 17th November 2018 in Los Angeles, USA as well as online and a 1956 Ford Thunderbird once owned by this well-known star is being offered for sale with an estimated sale price of between $300,000 to $500,000.
She owned the classic car between 1955 to 1962 and at her wedding to Arthur Miller, a renowned playwright, on the 28th June 1956, they drove the car to the ceremony. The car had a V8 225 bhp engine capable of reaching 113 mph that was very fast for a car way back in the 1950’s. This particular car was rather unusual in so much as it has both a soft top plus it also can have a hard top fitted. Its bodywork is black and it has a black and white interior. It is said to be in immaculate condition and has a low mileage.
If making the long journey to America doesn’t appeal then 
you may be attracted to a classic vehicle that is shortly to be auctioned here in this country. At the NEC Classic Motor Show Sale that takes place at the NEC near Birmingham on the 10th and 11th November 2018 there is a left hand drive 1945 Willys Jeep MB available to buy that was owned by a very famous actor – the late Steve McQueen. He appeared in many films including the Bullitt. This classic jeep was originally built for and owned by the US army but was later bought by the actor.
His estate sold the vehicle in 1984 for $6,000. It was estimated that its sale price was in the region of ten times greater than such a jeep would normally have sold for so it just goes to show the effect that Steve McQueen’s name had on the price. It has been renovated and now has an estimated price of between £80,000 to £100,000.
If your existing classic vehicle insurance is shortly coming up for renewal or you are looking for cover for the first time then why not give AIB Insurance a call on 02380 268 351 and discuss your requirements with a member of staff. He or she will be pleased to obtain a competitive quotation from our extensive panel of insurers for your consideration without any obligation. We look forward to being of assistance.
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