[MattUK]

Hi, can I ask who uses which insurer for their car? getting wild quotes from 380 to 800 which is more than my M6

[BMWmidi]

I'm with Esure, I've heared horror stories about them but considering they are £500 for me and the next cheapest was £1100 I thought it was worth the risk.
That aged 26 had my licence 6 years and 4 years no claims, no accident etc

[MattUK]

Cheers.. makes my 377 sound good then

[Matt-F22]

I've got an M235 with Elephant, I'm 24 and have had a licence since Jan 11 - £750 a year

[Raj420]

Originally Posted by MattUK

Cheers.. makes my 377 sound good then

Where are you getting that from? I'm getting quotes over £1000 from everywhere.

[MattUK]

Originally Posted by Raj420

Where are you getting that from? I'm getting quotes over £1000 from everywhere.

Hi Raj, I got mine down to 354 in the end. I ran an online quote with Direct Line, and then discussed this with Privilege who originally wanted to hit me for over 500, and they ended up dropping it down, including my mods.

They have upped the excess to £800 quid, although Direct Line wanted £1200, they seem to have upped them everywhere it seems.

I had to call them several times to get this, first time I got South Africa call centre who were totally useless and I ended up having to hang up on them, then I called and got the UK and was friendly with them, and being a long time customer I told them the quotes I had, and they looked it over and bought it down to a fraction over Direct Line (£10 more) which I was happy with to avoid the hassle of change.

Of course it will depend where you live, how you park, no claims etc, age.., also key is what job you tell them, you have to be careful on this one as if you pick the wrong one it can double it or more, and it includes communiting to work, but NOT business travel (I may have to add this, but thats usually around £30-50 more if anything)

Didnt require a tracker

[msej449]

I initially went with BMW (Allianz) but just got a quote from LV= for under £400 for me and my wife, including driving abroad, business use, NCB protection, and a couple of other extras. The excess is higher at £500 compared to £120 but I'm cool with that. I'm 63 and I do park the car in a locked garage at home. Current mileage is about 9K/year. I did some contracting work with LV= last year and they are going after market share against Allianz et al, so this may be a good time to get a quote form them.

Addendum: Just swapped today to LV= at £390.60 as above plus hire care if being repaired.

[BMWZ4]

Originally Posted by MattUK

Hi Raj, I got mine down to 354 in the end. I ran an online quote with Direct Line, and then discussed this with Privilege who originally wanted to hit me for over 500, and they ended up dropping it down, including my mods.

They have upped the excess to £800 quid, although Direct Line wanted £1200, they seem to have upped them everywhere it seems.

I had to call them several times to get this, first time I got South Africa call centre who were totally useless and I ended up having to hang up on them, then I called and got the UK and was friendly with them, and being a long time customer I told them the quotes I had, and they looked it over and bought it down to a fraction over Direct Line (£10 more) which I was happy with to avoid the hassle of change.

Of course it will depend where you live, how you park, no claims etc, age.., also key is what job you tell them, you have to be careful on this one as if you pick the wrong one it can double it or more, and it includes communiting to work, but NOT business travel (I may have to add this, but thats usually around £30-50 more if anything)

Didnt require a tracker

Wow. So in Canadian terms, that would be around $600CAD. I pay roughly $1,060 or around £725.

[lennyf]

Make sure your insurance Co. is aware of all the safety features on the M240.

[MattUK]

Originally Posted by BMWZ4

Wow. So in Canadian terms, that would be around $600CAD. I pay roughly $1,060 or around £725.

I think insurance works differently over there for you guys, plus there is a huge compensation culture over there which I think hits you, we've seen this start to hit premiums here, my age goes for me for a change, but younger drivers in the UK get stung badly.

Plus we get massive tax on fuel

[MattUK]

Not sure how it works over there, but we have to state any modifications as well, even if they are cosmetic, so I had to state the front / real splitter / diffuser, the rear spoiler and the Exhaust which did push the cost up, for some insurers that made the cost 800+ but after a chat with underwriter of my existing insurer about what the parts are / do and the fact the 'performance' exhaust isn't really a power booster of any significance they were happy. They really like to hit you for any mods on the car here

[BMWmidi]

Originally Posted by MattUK

Not sure how it works over there, but we have to state any modifications as well, even if they are cosmetic, so I had to state the front / real splitter / diffuser, the rear spoiler and the Exhaust which did push the cost up, for some insurers that made the cost 800+ but after a chat with underwriter of my existing insurer about what the parts are / do and the fact the 'performance' exhaust isn't really a power booster of any significance they were happy. They really like to hit you for any mods on the car here

I rang my insurance before I got my M performance parts fitted just to see the price difference, they asked me if they were genuine BMW dealer fit parts or 3rd party company when I told them BMW they said no extra cost and they updated the policy and resent the certificate covering the additional modifications.
Sounds like I got lucky