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      12-05-2010, 09:02 PM   #1
fisel
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Insurance

Does any one have an any driver policy on their M3? and if so whats the cost and the terms?

I want to pull the trigger on an E92 but I'm not willing to pay 6k for insurance.
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      12-06-2010, 05:46 AM   #2
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Difficult to say without knowing more but the main variables are going to be postcode, age, driving fines/convictions, NCD, where the car is stored (i.e. garage, on the street, driveway), mileage expected per annum etc...
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      12-06-2010, 07:59 AM   #3
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Biggest variable is Manchester.

I was looking to buy it in my fathers name, for him alone it's around 700 but I didnt realise I'd have to quote my details which messes up the quote.

Maybe when I turn 25 it will come down to a reasonable amount but I can't wait that long.
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      12-06-2010, 08:14 AM   #4
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Listed driver under your father perhaps?
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      12-06-2010, 09:04 AM   #5
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Quote:
Originally Posted by fisel View Post
Does any one have an any driver policy on their M3? and if so whats the cost and the terms?

I want to pull the trigger on an E92 but I'm not willing to pay 6k for insurance.
Insurance companies are well aware of this sort of things nowadays. If you are a named driver only but turn out to be the main driver. They are entitled to refuse any claims as per the contract T&Cs.
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      12-06-2010, 09:41 AM   #6
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The price is still ridiculous with me as a named driver so it's not even an option.

My father would also use it and I have a another car as a daily driver so it wouldn't be a problem if I wanted to do it this way anyway.
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      12-06-2010, 12:22 PM   #7
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I pay 1400ish fully comp for me + 3 other name drivers on my policy(all drivers over 25 though )
i am in manchester
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      12-07-2010, 02:17 AM   #8
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I pay 1400ish fully comp for me + 3 other name drivers on my policy(all drivers over 25 though )
i am in manchester
Good price. Who is that with? if you don't mind me asking.
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      12-07-2010, 03:19 PM   #9
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Originally Posted by fisel View Post
Good price. Who is that with? if you don't mind me asking.
I'm with heritage insurance (they do multi car policy as well )..I have max no claim bonus though, was only paying 800 if me and wife was driving but i now have 9 point on my licence and along with the additional drivers bump the price to 1400
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      12-07-2010, 06:04 PM   #10
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Huge: does Heritage require a tracker installed/subscribed?
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      12-07-2010, 06:29 PM   #11
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Quote:
Originally Posted by jonasaurus View Post
Huge: does Heritage require a tracker installed/subscribed?
No........but its helps, also if you say to them to cover more cars in yr household you will get a bigger discount

my policy was covered to do 8k mileage per year though !
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      12-08-2010, 05:55 AM   #12
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Think my London postcode isn't helping. They have quoted me 1680.62 with 3000 excess!
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      12-08-2010, 07:07 AM   #13
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yes..... but car insurance in general have gone up a huge amount
my daughter just had her renewal price of 2k+ on her fiesta 1.4 zetec..........when she was only paying under 1 k last years !!!
just shop around and you will get a better deal .
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      12-08-2010, 01:02 PM   #14
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It definately has gone up alot.

Going to try the multicar thing when I'm ready to buy.
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      12-09-2010, 08:56 AM   #15
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Jeez what the hell are you guys doing? I've been quoted 440 with +1 named driver and I had an accident last year that cost 7500 to put right. Had No Claims Protection, but even so.. XS is only 500.

Am through Royal Sun Alliance.

Tried Admiral for a Multicar quote, what a Joke! Quoted me 400+ for my Mini (MoreThan quoted 235) and 650 for the //M...where's the saving??

As hugehead said...shop around you'll get a better deal.
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Last edited by cienzod; 12-09-2010 at 09:00 AM. Reason: Adding to original post
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      12-09-2010, 09:20 AM   #16
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Agreed shopping around helps, despite 10+ years NCB, an East London postcode is something that drives the premium right up, only way I can change this is to move place!
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      12-09-2010, 12:10 PM   #17
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[quote=cienzod;8467859]Jeez what the hell are you guys doing? I've been quoted 440 with +1 named driver and I had an accident last year that cost 7500 to put right. Had No Claims Protection, but even so.. XS is only 500.

Am through Royal Sun Alliance.
[quote]

Hey cienzod....you live in the wilderness ....that why yr insurance is sooooooo lowwwwwwww.

we live in large cities that why we pay more

but defo shop around as you will be pleasently suprised
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      12-09-2010, 01:37 PM   #18
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Quote:
Originally Posted by cienzod View Post
Jeez what the hell are you guys doing? I've been quoted 440 with +1 named driver and I had an accident last year that cost 7500 to put right. Had No Claims Protection, but even so.. XS is only 500.

Am through Royal Sun Alliance.

Tried Admiral for a Multicar quote, what a Joke! Quoted me 400+ for my Mini (MoreThan quoted 235) and 650 for the //M...where's the saving??

As hugehead said...shop around you'll get a better deal.
If I lived near you insurance wouldn't be an issue lol.
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