M4 insurance - BMW hilarity
Discussion
Just trying to get quotes for a proposed M4 purchase, I'm over 40, low risk area, no points etc and full NCD..
Usual broker cannot get anything reasonable at all, almost 3x the cost of the (more expensive) Porsche that we were thinking of... He challenged and was told the reason was the M4 had a 12x greater risk of being stolen.. no idea where they are getting that metric from, perhaps based on the OCB thefts...
So, on advice of dealer tried BMWs own insurers...
After all the usual preamble..
BMW: "Does the car have a tracker?"
Me: "no" (under £70k so not expecting to need one)
BMW: "we can't quote as it hasn't got a tracker"
Me: "ok, if necessary I can arrange to get one fitted so can you provide a quote based on that"
BMW: "no, as you've already told us it hasn't got one"
Ok, that's paraphrasing it a bit, but talk about computer says no. Had to tell the dealer that I can't commit to buying the car (currently in the showroom) until I've sorted this and now haven't got time to be chasing/phoning various companies
So there's a nice Blue with Silverstone car in Vines of Guildford looking for an owner...
Usual broker cannot get anything reasonable at all, almost 3x the cost of the (more expensive) Porsche that we were thinking of... He challenged and was told the reason was the M4 had a 12x greater risk of being stolen.. no idea where they are getting that metric from, perhaps based on the OCB thefts...
So, on advice of dealer tried BMWs own insurers...
After all the usual preamble..
BMW: "Does the car have a tracker?"
Me: "no" (under £70k so not expecting to need one)
BMW: "we can't quote as it hasn't got a tracker"
Me: "ok, if necessary I can arrange to get one fitted so can you provide a quote based on that"
BMW: "no, as you've already told us it hasn't got one"
Ok, that's paraphrasing it a bit, but talk about computer says no. Had to tell the dealer that I can't commit to buying the car (currently in the showroom) until I've sorted this and now haven't got time to be chasing/phoning various companies
So there's a nice Blue with Silverstone car in Vines of Guildford looking for an owner...
Mad. I have no idea why but ive just insured my 2010 V8 saloon with 7 years NCB and 7, 000 miles a year for £350. I'm only 29 years old as well. Car is on a driveway.
Everyone at work was stunned. One guy at work who's mid-40s and drives a 1.9TDi A4 is paying £600 a year!
I swear they make it up as they go along.
Everyone at work was stunned. One guy at work who's mid-40s and drives a 1.9TDi A4 is paying £600 a year!
I swear they make it up as they go along.
NelsonR32 said:
Mad. I have no idea why but ive just insured my 2010 V8 saloon with 7 years NCB and 7, 000 miles a year for £350. I'm only 29 years old as well. Car is on a driveway.
Everyone at work was stunned. One guy at work who's mid-40s and drives a 1.9TDi A4 is paying £600 a year!
I swear they make it up as they go along.
Wow, who is that with? I'm 27 with same NCB and I pay £550, which I thought was pretty good!Everyone at work was stunned. One guy at work who's mid-40s and drives a 1.9TDi A4 is paying £600 a year!
I swear they make it up as they go along.
Trikster said:
We'll think I've solved it, just over £400 with LV but needs a tracker, so yet another cost....
I was going to say, cut these muppets out and just go to LV=, but you've done that already!LV= Fully Comp, £250 excess, port NCB, Age 63 and I pay £185 pa for 2012 E92 M3.
They insure all my cars, house and dogs.
Claimed twice this year on dogs, not even a quibble (that's LV= not the dogs)
F***ing brilliant company.
They DO like tracker though…...
Trikster said:
We'll think I've solved it, just over £400 with LV but needs a tracker, so yet another cost....
I was going to say, cut these muppets out and just go to LV=, but you've done that already!LV= Fully Comp, £250 excess, port NCB, Age 63 and I pay £185 pa for 2012 E92 M3.
They insure all my cars, house and dogs.
Claimed twice this year on dogs, not even a quibble (that's LV= not the dogs)
F***ing brilliant company.
They DO like tracker though…...
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