BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > Regional Forums > UK
 
Post Reply
 
Thread Tools Search this Thread
      02-07-2012, 11:30 AM   #1
Cyclone Chris
US Air Force. HUAP.
Cyclone Chris's Avatar
United Kingdom
5
Rep
224
Posts

 
Drives: 2013 SG M3 ZCP / DCT
Join Date: Jan 2012
Location: Suffolk County, UK

iTrader: (0)

Insurance Cost on M3 in UK?

So I just got off the phone with my insurance company for a quote on a 2012 M3 and they stated it was gonna cost me £1510 per year. Does that sound about right? I\'m only paying £820 on my 6 litre Vaxhuall Monaro. The insurance on an M3 is almost double.
Appreciate 0
      02-07-2012, 11:47 AM   #2
mph133
New Member
0
Rep
28
Posts

 
Drives: 2011 E92 M3 DCT
Join Date: Jun 2011
Location: Stevenage

iTrader: (0)

Quote:
Originally Posted by Cyclone Chris View Post
So I just got off the phone with my insurance company for a quote on a 2012 M3 and they stated it was gonna cost me £1510 per year. Does that sound about right? I\'m only paying £820 on my 6 litre Vaxhuall Monaro. The insurance on an M3 is almost double.
it depends on so much more than just the car - age, claims, postcode, mileage, job etc etc
i am 48 and pay 750 with full no claims (no tracker)
Appreciate 0
      02-07-2012, 01:29 PM   #3
Cyclone Chris
US Air Force. HUAP.
Cyclone Chris's Avatar
United Kingdom
5
Rep
224
Posts

 
Drives: 2013 SG M3 ZCP / DCT
Join Date: Jan 2012
Location: Suffolk County, UK

iTrader: (0)

Well, I'm 31 without claims, plan on driving 8K miles per year, and work in the military. I doubt that equates to a 1510 / yr policy. Oh well, I may just have to shop around, or I will have to pay to play.
__________________

2005 Pontiac GTO - 6Spd - 445 RWHP/415 RWTQ - SOLD
2013 BMW M3 Coupe - /// Competition Pkg /// Premium Pkg /// Dual Clutch Transmission /// BMW Apps /// Heated Seats ///
Appreciate 0
      02-07-2012, 02:24 PM   #4
ed335d
Major General
ed335d's Avatar
United Kingdom
81
Rep
6,899
Posts

 
Drives: E92 M3
Join Date: Jun 2008
Location: Surrey, UK

iTrader: (3)

Garage List
57 e92 M3  [5.00]
2008 e92 335d  [0.00]
Quote:
Originally Posted by Cyclone Chris View Post
Well, I'm 31 without claims, plan on driving 8K miles per year, and work in the military. I doubt that equates to a 1510 / yr policy. Oh well, I may just have to shop around, or I will have to pay to play.
Admiral always seem to do fairly well in these situations.

Having said that, I've changed to LV as they were quite a bit cheaper and Admiral were not interested in improving their renewal quote by much.
__________________
E92 M3, Jerez Black, Fox Red Novillo, 19'' M Double Spoke, folding mirrors, lumbar support, front seat heating, PDC, USB, DAB, EDC, Bluetooth, Logic 7, High Gloss Shadowline, big smile
Appreciate 0
      02-07-2012, 03:08 PM   #5
ianot
Private First Class
1
Rep
125
Posts

 
Drives: E92 M3 Coupe
Join Date: Feb 2011
Location: Richmond London

iTrader: (0)

I'm 36 with 5 years no claims bonus and paying £1k.
Appreciate 0
      02-07-2012, 05:15 PM   #6
IMMY1
Private First Class
3
Rep
117
Posts

 
Drives: BMW M3
Join Date: Sep 2009
Location: UNITED KINGDOM

iTrader: (1)

Hi mate try competition car insurance , there based in Nottingham
only pay 800 fully modified
Appreciate 0
      02-07-2012, 05:45 PM   #7
C2VNY
Monster unit
C2VNY's Avatar
3
Rep
254
Posts

 
Drives: Monster spec tme sold
Join Date: Jul 2011
Location: Scotland

iTrader: (0)

I'm due April but i paid 2250 last year at 27y/o 08plate with mods, 4 years no claims, self employed.

Hope it's a lot cheaper this time round though.
__________________
MONSTER UNIT M3 E90

GT4 - AKRA EVO - RECARO - AP RACING -

KW CLUB-SPORTS - VOLKS
Appreciate 0
      02-08-2012, 03:31 AM   #8
creepy coupe
Major General
creepy coupe's Avatar
98
Rep
8,173
Posts

 
Drives: M235i
Join Date: Aug 2007
Location: UK

iTrader: (2)

Garage List
2009 335i  [0.00]
Quote:
Originally Posted by mph133 View Post
it depends on so much more than just the car - age, claims, postcode, mileage, job etc etc
i am 48 and pay 750 with full no claims (no tracker)
That's high. I'm 50 and pay 480 with Admiral. Full NCD and protected bonus.
Appreciate 0
      02-08-2012, 05:08 AM   #9
mph133
New Member
0
Rep
28
Posts

 
Drives: 2011 E92 M3 DCT
Join Date: Jun 2011
Location: Stevenage

iTrader: (0)

Quote:
Originally Posted by C2VNY View Post
I'm due April but i paid 2250 last year at 27y/o 08plate with mods, 4 years no claims, self employed.

Hope it's a lot cheaper this time round though.
ouch!!!!!!
Appreciate 0
      02-08-2012, 05:09 AM   #10
mph133
New Member
0
Rep
28
Posts

 
Drives: 2011 E92 M3 DCT
Join Date: Jun 2011
Location: Stevenage

iTrader: (0)

Quote:
Originally Posted by creepy coupe View Post
That's high. I'm 50 and pay 480 with Admiral. Full NCD and protected bonus.
I too am with Admiral (multi-car) but postcode, job etc can also affect the cost
Appreciate 0
      02-08-2012, 05:16 AM   #11
creepy coupe
Major General
creepy coupe's Avatar
98
Rep
8,173
Posts

 
Drives: M235i
Join Date: Aug 2007
Location: UK

iTrader: (2)

Garage List
2009 335i  [0.00]
Quote:
Originally Posted by mph133 View Post
I too am with Admiral (multi-car) but postcode, job etc can also affect the cost
Very true.
Appreciate 0
      02-08-2012, 07:31 AM   #12
jonasaurus
Brigadier General
jonasaurus's Avatar
United Kingdom
34
Rep
3,147
Posts

 
Drives: E90 M3 [Sold]
Join Date: Oct 2010
Location: NYC

iTrader: (0)

Quote:
Originally Posted by C2VNY View Post
I'm due April but i paid 2250 last year at 27y/o 08plate with mods, 4 years no claims, self employed.

Hope it's a lot cheaper this time round though.
Oh god thats high, I used to pay that as my premium for my 997S. Since swapping out the M3 dropped to a touch over 1K. My London postcode does my premium no favours though. Who you with?
__________________
///M3 | E90 LCI | Space Grey | Fox Red with CF Structure | 6MT | 260M | My build
Appreciate 0
      02-08-2012, 07:40 AM   #13
markjord
Second Lieutenant
markjord's Avatar
United Kingdom
2
Rep
285
Posts

 
Drives: M3 E92 2007 Jerez Black
Join Date: Aug 2009
Location: Wellingborough

iTrader: (0)

Yeah Admiral seems the best. I pay £428 with protected (full) no claims, tracker, no accidents. This is on a dual car policy. The other car is my daughter's 1.4 Polo which costs £720. I don't think that is bad for 19 year old with one accident/claim. The key thing is I'm 51 of course - but still think this would be hard to beat.
Appreciate 0
      02-08-2012, 09:18 AM   #14
New_m3
Second Lieutenant
5
Rep
241
Posts

 
Drives: E92 M3
Join Date: Jun 2008
Location: UK

iTrader: (0)

Try sky insurance. I'm 26 and they insured me for 1,000 with a 450 excess with 5 years NCB.
Appreciate 0
      02-08-2012, 10:57 AM   #15
kris.taylor.1981
Second Lieutenant
kris.taylor.1981's Avatar
4
Rep
221
Posts

 
Drives: 2010 e92 m3
Join Date: Aug 2011
Location: uk

iTrader: (0)

1100 fully comp 30 with 3 years ncb
tesco
Appreciate 0
      02-08-2012, 11:54 AM   #16
DivideBYZero
Second Lieutenant
United Kingdom
4
Rep
294
Posts

 
Drives: E92 M3, Prev. E46 M3
Join Date: Jul 2011
Location: UK

iTrader: (0)

Garage List
39 w/7 years NCB <500 with Direct Line, but I have the BMW Trackstar which makes a massive difference.
__________________
2010 E92 M3, DCT, w/Exhaust mod
2002 E36/7 Z3 2.2 Sport
2011 E82 120d Coupe
Appreciate 0
      02-09-2012, 04:00 AM   #17
C2VNY
Monster unit
C2VNY's Avatar
3
Rep
254
Posts

 
Drives: Monster spec tme sold
Join Date: Jul 2011
Location: Scotland

iTrader: (0)

Quote:
Originally Posted by mph133 View Post
ouch!!!!!!
Im defo not looking forward to April to renewal time this is with pace ward but they do offer like for like parts and track day insurance if needed.

Has anyone insured ther mods and still getting cheap qoutes?
__________________
MONSTER UNIT M3 E90

GT4 - AKRA EVO - RECARO - AP RACING -

KW CLUB-SPORTS - VOLKS
Appreciate 0
      02-11-2012, 07:27 AM   #18
Neil McRae
BMW Motorsport
Neil McRae's Avatar
United Kingdom
40
Rep
2,058
Posts

 
Drives: BMW ///M3 E92 / BMW ///M5 F10
Join Date: Jan 2009
Location: London

iTrader: (1)

Garage List
2012 BMW M5  [5.00]
2010 BMW M3 Coupe  [5.00]
Send a message via MSN to Neil McRae
where you live has a massive factor, more than any other than NCB, on the price. if you are inside the M25 add a 400quid to baseline purely because the amount of cars stolen in this region is higher than the rest of the country.
__________________
--
Neil J. //McRae -- Alive and Kicking -- neil at DOMINO.ORG --///M ARMY
M5 DCT CP Alpine White -- M135i Alpine White -- M4 DCT Alpine White
Appreciate 0
      02-11-2012, 07:35 AM   #19
Cyclone Chris
US Air Force. HUAP.
Cyclone Chris's Avatar
United Kingdom
5
Rep
224
Posts

 
Drives: 2013 SG M3 ZCP / DCT
Join Date: Jan 2012
Location: Suffolk County, UK

iTrader: (0)

I also wonder if the insurance companies would charge a higher premium for LHD US or a German Spec M3.
__________________

2005 Pontiac GTO - 6Spd - 445 RWHP/415 RWTQ - SOLD
2013 BMW M3 Coupe - /// Competition Pkg /// Premium Pkg /// Dual Clutch Transmission /// BMW Apps /// Heated Seats ///
Appreciate 0
      02-11-2012, 07:55 AM   #20
kris.taylor.1981
Second Lieutenant
kris.taylor.1981's Avatar
4
Rep
221
Posts

 
Drives: 2010 e92 m3
Join Date: Aug 2011
Location: uk

iTrader: (0)

yes they do any import gets a premium increase
Appreciate 0
      02-22-2012, 09:11 AM   #21
E93Blackhawk
First Lieutenant
E93Blackhawk's Avatar
United Kingdom
6
Rep
329
Posts

 
Drives: 2008 335i M sport
Join Date: Oct 2011
Location: London

iTrader: (0)

mate 1500 quid a year isnt bad?

It totally depends on how old you are? im 21 mate and im getting quote for 5000 for a m3 so consider yourself lucky.

Its a group 20 car, it has huge emissions, hence the huge tax price. Its a top of the line, expensive to replace/fix car, hence why the price is more than your run around.
Appreciate 0
      03-06-2012, 05:04 PM   #22
bej
Private
bej's Avatar
0
Rep
83
Posts

 
Drives: M3 Conv DCT
Join Date: May 2010
Location: London

iTrader: (0)

guys and gals - you're all doing really well - I'm in north london, 40, 10+ yrs ncb, and just started looking at quotes tonight...first one was 2,381 with compulsory 750 excess, second (BMW) is 1,827 all if paid in full..

currently with admiral on 2 car policy so will see what the renewal comes in at....

am thinking or refinancing my car with oracle car finance - they sent me an email the other day with a free car insurance offer....we will see if this works....

I'd be happy with anything less than a grand for our type of car......
__________________
M3 Convertible 2008, Jerez Black with individual orange peel effect (factory standard), Fox Red, DCT, EDC, High gloss, carbon leather, comfort access, Logic 7, adaptive headlights, Tubi Rumore, 20" BBS CX-R, 19" OEM and 18" OEM with Winter Tyres....investments in BP/Shell
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 08:51 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST