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RH Insurance changing ownership again

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RH Insurance changing ownership again
Bill Dixon Online
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Joined: Aug 2017 Posts: 177 Threads: 1
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#11
04-08-2020, 03:36 PM
I did read a few days ago that Hiscox had large losses due to Covid-19,so may need some cash.
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Cliff Ringrose Offline
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#12
04-08-2020, 05:59 PM
If it is any consolation I have insured all of my vehicles, apart from my A7 special, (which is with RH), with A-plan for forty years or more, and their service has always been 1st. class. Cliff.
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Zetomagneto Offline
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#13
04-08-2020, 08:01 PM
I had the letter this morning.This isn’t the first time RH have had new owners, can’t see a problem.
I have 4 cars with them and not about to change.
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Nick Salmon Offline
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Location: North Herts
#14
04-08-2020, 08:06 PM
Hiscox certainly do have a potential impending problem...

https://www.fca.org.uk/publication/corpo...gument.pdf
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andrew34ruby Offline
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#15
04-08-2020, 09:11 PM
Interesting stuff. Having read the first 20 pages I need a rest.
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Austin Nippy Offline
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Location: Sheffield UK
Car type: 1937 Austin 7 Nippy
#16
04-08-2020, 09:54 PM
Good evening everyone,
I also received the letter this morning and, if taken at face value at least, appears to have nothing to worry about - at least in the short term things appear to be the same.
The only issue as I see it may be when it comes to renewal time but, as always, we have the option to look around the market place and find the most suitable cover at the most suitable cost for our individual circumstances and needs.
I hope that nobody has to test out the other possible issue caused by this swap over (having to make a claim) and that we can all enjoy using our cars as we have done over many years now that Corona lock down is beginning to ease a little.
Best wishes,
Nick
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