Tag Archives: Agreed Value

Car of the Day .. Lotus Elan +2S!

In 1948, Colin Chapman CBE, founded one of the most iconic British racing car companies of all time. Lotus is profoundly known for, not only their Formula 1 team but for their 2 seater sports cars sold in the tens of thousands.

The Lotus Elan was the first Lotus road car to use a steel backbone chassis with a fiberglass body. This style of construction was to be repeated in subsequent Lotus models for nearly three decades.

In 1971 the Elan +2S was upgraded to include the Big Valve engine and then renamed to the +2S 130. This stunning example of the +2S is owned by one of our clients. The vehicle has undergone a full nut and bolt restoration and resprayed by a Lotus specialist in Lagoon Blue with a contrasting silver metal flake roof. Alongside the full restoration and paint job, the car has had a full interior re-trim, making this look as good as the day it rolled of the factory line in Norfolk. In fact, with under a thousand miles on the clock this may be one of the best examples of an Elan left in the country. Unfortunately, it’s not known how many rolled out the RAF based factory; however, it is estimated at roughly 3,300 with under 1,000 left on the roads today.

Give our fantastic Quotes team a call for quote on your classic car! Call us on 023 8026 8351!

Car of the Day…Land Rover Series 2A!

In production for 10 years from 1961-1971.

The land rover series are compact British off-road vehicles, produced by the rover company since 1948. Inspired by the World War 2 jeep, The Land Rover immediately distinguished itself from other cars.

The series 2a is considered the most hardy series model constructed and is quite possibly the most classic type of Land Rover that features strongly in the general public’s perception, from its many appearances in film and television.

The Series II Land Rover replaced Series I production in 1958, initially sporting the original two liter engine from the series I. Once supply ran dry, the 2286cc engine was introduced, which has proven to be a popular and reliable unit ever since. Designs changed over the following years, with the most significant being the moving of the headlights to the wings in 1969. Also introduced at this time was the razor style bonnet and Maltese grille; later to be followed by the plastic grille as used on the Series III.

Thankyou to your lovely client Mr L for letting us show off his Land Rover Series 2A!

We value every classic car, understanding the needs of each client, offering bespoke policies which cater to cover our clients needs! If you have a classic car of your own call one of our specialist consultants on 02380 268351 for your bespoke quotation.

Car of the Day.. Morris Minor Traveller!

The Morris Minor is a British economy family car that made its debut in 1948, more than 1.6 Million were made between 1948 and 1972.

Originally only available as a two door saloon or tourer, the four door salon was introduced in September 1950, known as the Traveller. This Wood Framed estate car was the first to sell over a million units and has always been considered a classic example of automotive design, typifying ‘Englishness’.

The External structure to The Traveler are made from varnished Ash (wood) for a highly visible feature.

Our lovely Client Mrs B has allowed us to show off her classic Traveller.

We have this beautiful Traveller insured under a specialist policy offering; agreed value, choice of repairer, legal expenses, salvage retention and many more benefits which we offer here at AIB Insurance.

If your looking for classic car insurance give our team a call on 02380268351.

Car of the Day … Cadillac Elorado Biarritz 1959!

The Cadillac Eldorado is a luxury car manufactured and marketed by Cadillac from 1952 until 2002 over twelve generations.

Arguably the most desirable of the Eldorado’s was the Biarritz convertible; it was Cadillac’s most expensive open-air car for 1959, and only 1,320 of them were built.

For many, the 1959 Cadillac represents the peak of American industrial design in its era. The Eldorado Biarritz is the most desirable among its ranks.

Our wonderful client Mr H has shared some photos of his lovely Eldorado Biarritz.

Mr H has this beauty insured through ourselves here at AIB Insurance, we offer specialist classic car polices which can also include optional extras, such as UK and EU breakdown cover, Motor Legal Expenses Cover up to £100,000, Courtesy Vehicles for the duration of repairs and Agreed Value.

If you have a Cadillac or another classic car you would like covered under a specialist classic car policy, call our friendly motor team on 02380 268351.

The Car of The Day….. The Lotus Evora 410 GT

Our wonderful client Mr B has offered to share photographs showing his pristine Lotus Evora 410 GT.

This vehicle is one-of-a-kind built during the short of production of the Lotus Evora, Lotus made just 20 of these Evora GT 410 as a special set of Cars!

Not only is this vehicle 1 of only 20 built but Mr Bs has a Certificate of Vehicle Provenance showing this is the only one in the world built to the high-end specification noted in his policy.

Mr B bought the car new in May 2021 and it has only covered 3200 miles!

We have this one-of-a-kind Lotus insured under a very special policy which offers; agreed value, choice of repairer, legal expenses cover up to £100,000, salvage retention and many more benefits which we offer here at AIB Insurance.

We value every classic car understanding the needs of each client and offer bespoke policies which cater to cover our classic car clients needs! If you have a Lotus or a classic car of your own call one of our specialist consultants on 02380 268351 for your bespoke quotation.

Thank you, Mr B, for sharing your wonderful example of the Lotus Evora 410 GT.

The Car of The Day is…. The legendary Skyline R32 GT-R!

The only Japanese supercar of its generation. One of the best cars Jeremy Clarkson says he ever drove.

The Skyline R32 GT-R (Grand Tourismo Racer) — nicknamed “Godzilla” for effortlessly crushing all competitors in Group A Series racing — winning 29 consecutive races in the Japanese Touring Car Championship and three consecutive championships in the Australian Touring Car Championship after being reintroduced by Nissan in 1989.

This remarkable track record is part of the reason the Skyline R32 GT-R has such a strong following among serious car enthusiasts around the world. Other reasons include impressive appearances in games and popular street racing movies like The Fast and Furious series, a reputation for having launched the JDM car scene, a leading role in serious street and drag racing, the exclusivity wrought by a 25-year import restriction in the United States — which finally ended in 2014 — and performance that is nothing short of incredible. If you want maximum bang for the buck, it’s hard to beat a well-tuned Skyline R32 GT-R imported directly from Japan.

Mr D has shared some pictures of his fantastic Skyline R32 GT-R! Mr D has insured his pristine example through ourselves with all of the amazing benefits we can offer.

Here at AIB Insurance we offer specialist classic car polices which can also include optional extras such as UK and EU breakdown cover, Motor Legal Expenses Cover up to £100,000, Courtesy Vehicles for the duration of repairs and Agreed Value.

If you have a Skyline GTR R32 or another classic car would like covered under a specialist classic car policy, call our friendly motor team on 02380 268351.

Car of the day… Mantula Coupe!

The Mantula Coupe was launched at the Motor Show in 1984 beginning a long relationship between Marcos and the Rover V8 engine.

The Mantula Coupe evolved from the 3 Litre form with the addition of a front-end spoiler,- giving the car a lower approach angle, extended wheel arches, a wider back end, and a bonded windscreen. The interior was also altered with the addition of a gearlever console, incorporating storage trays. The suspension was unaltered from the 3 Litre.

In July 1985 Marcos ventured for the second time into a soft top car with the Mantula Spyder. The original car was fitted with a detachable T-top which was dropped on subsequent production models due to being too expensive to produce and not entirely practical.

In 1986 with Ford live axles becoming difficult to source, the fully independent rear suspension was introduced. Utilizing differential and hubs from the Ford Sierra range and wishbones, uprights and A-frame developed by Marcos, transforming the ride quality of the range, the live axle was phased out on factory-built cars at this stage.

Mr O has a lovely 1992 Marcos Mantula currently insured with us under a bespoke classic car policy. The policy has many benefits including agreed value, choice of repairer, salvage retention and 30 days fully comprehensive EU cover! Thank you, Mr O allowing us to share your pristine example.

If you have a Marcos Mantula or another classic car would like covered under a specialist classic car policy call our friendly team on 02380 268351.

Car of the Day…Renault 16 TL 1977

With a maximum top speed of 93 mph (150 km/h), a curb weight of 2227 lbs (1010 kgs), the 16 TL has a naturally-aspirated Inline 4 cylinder engine, Petrol motor.

This engine produces a maximum power of 66 PS (65 bhp – 49 kW) at 5000 rpm and a maximum torque of 111.0 Nm (81 lb.ft) at 3000 rpm. The power is transmitted to the road by the front wheel drive (FWD) with a 4 speed Manual gearbox.

On the topic of chassis details responsible for road holding, handling behavior and ride comfort, the 16 has Torsion bar. Anti-roll bar. front suspension and Trailing arm. Torsion bar. Anti-roll bar. rear suspension. For stopping power, the 16 TL braking system includes Discs at the front and Drums at the rear.

The 16 model is a Hatchback car manufactured by Renault, sold new from year 1977.

Mr G’s Renault 16 TL 1977 has been insured with us here at AIB Insurance on a classic car policy meaning that his car is taken care of always. Agreed value is one of the many benefits that comes with a classic car policy as well as salvage retention.

Mr G has also received a discount on this policy because of the length of ownership on this vehicle. If you also have a classic car that you have recently bought or have owned for a long period of time and would like to get a quotation, call our specialist classic car quotation team on 02380 268351.

Car of the Day…JBA Falcon

JBA has been building classically modelled cars since 1982. The original company, JBA Engineering, was named after the first letter of the surnames of the three partners that founded the company, Ken Jones, John Barlow and Dave Ashley. John Barlow later left the company and JBA Engineering continued producing kit car packages until 2004, when the company was sold. Since the sale no kit or factory-built cars have been made, and in 2007 JBA Engineering was dissolved by Companies House.

In 2008, JBA Motors set in motion plans to re-engineer and resurrect the JBA Falcon, and 2011 was relaunched at The National Kit Car Motor Show – Stoneleigh.

JBA Motors currently manufacture the BMW based JBA Falcon as both a kit package and as a fully factory finished car.

The JBA Falcon is a permanent fixture in the traditional roadster sector of the kit car market. It was one of the first Cortina-based kits appearing in 1982.

Here is a perfect example sent in by Mr K. The classic policy we offer cover agreed value, choice of repair and salvage retention. Mr K can sleep well at night knowing we have his lovely asset fully covered for any eventuality.

If you have a JBA Falcon that you need insured call our classic car/kit car team on 02380 268351 for a bespoke quotation offering all the optional extras with legal expenses cover, breakdown cover, excess protection, agreed value, choice of repairer, salvage retention and many more!

Car of the day… Austin Mini GT!

Today’s car of the day is Mr A’s classic Austin Mini GT.

Mr A’s Austin Mini GT has been insured with us here at AIB Insurance on a classic car policy meaning that his car is taken care of always. Agreed value is one of the many benefits that comes with a classic car policy as well as salvage retention.

Mr A also received a discount on this policy because of the length of ownership on this vehicle. If you also have a classic car that you have recently bought or have owned for a long period of time and would like to get a quotation call our specialist quotation team on 02380 268351.

If you also have photos of your classic car and would like to share them, email them to info@aib.co.uk. Thank you Mr A for sharing your photos!