The National Traction Engine Trust

In January 2019 Royal Sun Alliance decided to scrap flat rate based insurance for commercial vehicles on policies brokered by Walker Midgley.  This meant a move from a one price policy for all type and size of vehicle to a scheme based on the Gross Vehicle Weight. The price break points are; a) upto and including 5 tonne, b) over 5 tonne upto and including 7.5 tonne, and c) over 7.5 tonne.

Unfortunately this scheme did not appear to take into account the limited mileage that low loaders used for heritage haulage in particular undertake per annum and to many the ensuing substantial price hike was intolerable. Many people contacted the NTET complaining and many were also saying quite simply that they were seeking to insure all of their equipment elsewhere.

The NTET made representation to Walker Midgley who, to be fair to them, said that the increases were not of their making and after listening to our points of view proposed to make representation to RSA.

Today Walker Midgley advised the NTET that they had been successful in getting RSA to reduce the proposed increases for each of the weight bands, but only for NTET members.

The discounted rates come into effect immediately and can be obtained by the policy holder on new and renewing policies by quoting their NTET membership number.

Walker Midgley have always been very supportive of the NTET and it members and we are grateful that they have effected this discounted scheme with RSA on our behalf.

28 Feb 2019