Hot hatch owners run into a financial hitch

Vivien Goldsmith
Friday 17 July 1992 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

BRITAIN'S biggest motor insurer is refusing to insure high-performance hatchback cars against theft unless owners fit costly security devices, writes Vivien Goldsmith.

Norwich Union will turn away new customers seeking cover for 45 different 'hot hatch' models unless they pay an average of pounds 360 to fit a Vecta engine immobiliser. This cuts out the car's ignition, fuel and electrical system unless the key is in the switch.

The cars include the Ford Escort XR3, Ford Fiesta XR2, MG Metro Turbo, Rover Metro GTi and VW Golf GTi. Hot versions are three times more likely to be stolen than standard models.

The decision has been criticised by Volkswagen Audi, which is advising dealers not to fit the Vecta.

Legal & General said it was considering following the Norwich Union lead.

Commercial Union said it had no plans to require the drivers of hot hatches to fit immobilisers but, after an increase of 58 per cent in theft claims, nothing would be ruled out. Royal Insurance, Direct Line and Eagle Star have no plans to require immobilisers.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in