Advertisement

Range Rover owners refused insurance due to theft risk

Range Rover Sport and Range Rover Evoque owners living in London struggling to get insurance cover without secure parking

Insurance companies are refusing to cover owners of Range Rover models living in London, unless they have underground or secure parking for their vehicles. The move reportedly comes following a high number of Range Rover thefts over the past year.

Range Rover models have apparently been targeted due to their keyless ignition systems, which thieves have managed to bypass using a handheld device that can be easily bought over the internet. 

Advertisement - Article continues below

Cheapest cars to insure

The problem has got so bad in the capital that some companies are now refusing to insure the cars. According to Thatcham Research, the motor insurers’ automotive research centre, a total of 294 Range Rover Evoque and Range Rover Sport models were stolen in London between January and July. During the same period 63 BMW X5 models were stolen.

Keith Dowley, a commercial property adviser from south west London, told the Times that he had bought a Range Rover this month after his last one was stolen from outside his house. He said he was refused cover from AIG because he does not have underground parking.

Best SUVs to buy now

James Wasdell, co-founder of Quantum Underwriting, said: “If you are an owner of a 'street parked’ Range Rover (in London), even with the most sophisticated tracker, nine out of ten insurers will now say no." 

Have you had problems getting insurance for Range Rovers or other luxury SUVs? Let us know in the comments section below...

Advertisement
Advertisement

Recommended

Range Rover review
Range Rover 2018 front tracking
Land Rover Range Rover

Range Rover review

Excellent off-road ability, big power and unprecedented luxury make the Range Rover a worthy rival to any luxury saloon
3 Feb 2020
All-new 2022 Range Rover spied during road testing
Land Rover Range Rover

All-new 2022 Range Rover spied during road testing

Land Rover’s upcoming replacement for its flagship off-roader has been spotted again – this time in standard wheelbase form
14 May 2020
Concept to reality: Land Rover LRX to Range Rover Evoque
Land Rover Range Rover Evoque

Concept to reality: Land Rover LRX to Range Rover Evoque

We trace the LRX concept car's development into the stunning Range Rover Evoque
8 May 2020
Range Rover Evoque review
Range Rover Evoque front
Land Rover Range Rover Evoque

Range Rover Evoque review

The all-new Range Rover Evoque offers great levels of luxury, technology and – perhaps most importantly – style
6 May 2020

Most Popular

New 2020 BMW 4 Series arrives with bold new look and a huge grille
BMW 4 Series

New 2020 BMW 4 Series arrives with bold new look and a huge grille

Imposing grille leads the way as the new BMW 4 Series takes a new design direction away from its 3 Series sibling
2 Jun 2020
New Tesla Model Y 2020 review
Tesla Model Y

New Tesla Model Y 2020 review

The new Tesla Model Y has the potential to be the EV brand’s most successful model yet
4 Jun 2020
New Hyundai Santa Fe facelift adds plug-in hybrid power for the first time
Hyundai Santa Fe

New Hyundai Santa Fe facelift adds plug-in hybrid power for the first time

The Hyundai Santa Fe SUV has been overhauled for 2020 with a striking new look and a new plug-in hybrid powertrain
3 Jun 2020