Insurance day

[riwiho]

Today I am insuring a 111R. I am 25, 3yrs no claims, license held for 7 years. Additional driver: Girlfriend, 27 6yrs no claims, license held for 9 years and 2x SP30s

Here are the quotes I have had so far this morning:

A Plan: –
£2,498

[b]
Admiral: -
£1,456.00 [/b]

Liverpool Victoria: -
DO NOT INSURE

Auto Torque: -
£2,107.40

Elephant: -
£2,227.05 + 90 day European Cover

Direct Line: -
Online quote: £1,884

Swinton: -
£2,250

Choice Quotes: -
£2,500

Adrian Flux: -
£2,178

I have the rest of the day off so I am hoping I can get it down to a 3 figure sum but so far it looks questionable.

[Zebede29]

My god, where is the car gonna be kept - Beiruit?!

[riwiho]

Kept in a garage in a village between knutsford and northwich in Cheshire.

[S Works]

Jesus, that's harsh. Can you get it down to limited miles and no commuting? That might help.

[Chris49]

Thats alot of money there fella.

I'm 25, held for 7 years, 5 years no claims, SP30, S1 Type 49, car kept on the drive, nice part of B'mouth, modified induction declared, and tracker monitor.

Tesco - £730 fully comp.

Edited by Chris49 on Friday 26th October 11:33

[RobM77]

Try taking your girlfriend off to see if it drops it. Driver training can reduce premiums, but in my experience it's normally only with companies that charge more anyway.

For the record, I'm 30 with a full no claims, clean road and racing licenses, had too small non fault claims and live in the sticks with my 111S garaged at all times. I pay over a thousand a year...

[TonyHetherington]

Only seems a few hundred quid over with Admiral, to be honest.

[Zebede29]

RobM77 said:

Try taking your girlfriend off to see if it drops it. Driver training can reduce premiums, but in my experience it's normally only with companies that charge more anyway.

For the record, I'm 30 with a full no claims, clean road and racing licenses, had too small non fault claims and live in the sticks with my 111S garaged at all times. I pay over a thousand a year...

By comparison Rob, i'm 31, also clean license, full no claims and also live "in the sticks". My 04plate 111S is on the drive and my cover is only £630 a year for 5k miles p/a. Through Adrian Flux.

Edited by Zebede29 on Friday 26th October 11:38

[Lotus Lewis]

Try these mate www.performancedirect.co.uk

[RobM77]

Zebede29 said:

RobM77 said:

Try taking your girlfriend off to see if it drops it. Driver training can reduce premiums, but in my experience it's normally only with companies that charge more anyway.

For the record, I'm 30 with a full no claims, clean road and racing licenses, had too small non fault claims and live in the sticks with my 111S garaged at all times. I pay over a thousand a year...

By comparison Rob, i'm 31, also clean license, full no claims and also live "in the sticks". My 04plate 111S is on the drive and my cover is only £630 a year for 5k miles p/a. Through Adrian Flux.

Edited by Zebede29 on Friday 26th October 11:38

Hmm. Maybe it's my mileage? I do 10,000 a year and it's my only car. I'm sure I rung Adrian Fluz for a quote. I'm through A Plan at the moment.

[RichQuy]

Jesus - all seem very expensive.

I'm 24, licence held for 7 years, 5yrs NCB but an SP60 this year, 04 111s T25, live out of town but car kept in private car park, 9k miles per annum...£660 + £500 xs through Chris Knott.

Are your quotes inclusive of business useage?

My bro (26) who has an S1 and uses for business miles lives in Coventry of all places and still doesn't pay that much!!

[riwiho]

RichQuy said:

Jesus - all seem very expensive.

I'm 24, licence held for 7 years, 5yrs NCB but an SP60 this year, 04 111s T25, live out of town but car kept in private car park, 9k miles per annum...£660 + £500 xs through Chris Knott.

Are your quotes inclusive of business useage?

My bro (26) who has an S1 and uses for business miles lives in Coventry of all places and still doesn't pay that much!!

These quotes are not inclusive of business usage. I only travel internationally, not internally therefore no need for business use.

[riwiho]

Am I missing a trick here or is it really going to be this tough. Other than the Admiral quote nothing gets lower than the 2k mark.



Update:

A Plan: –
£2,498

Admiral: -
25 = £1,456.00 ADM0T3077684

Liverpool Victoria: -
DO NOT INSURE

Auto Torque: -
£2,107.40

Elephant: -
£2,227.05 + 90 day European Cover

Direct Line: -
Online quote: £1,884

Swinton –
£2,250

Choice Quotes –
£2,500

A Quote (Underwriter) –
£2,317


Frizzel: -
DO NOT INSURE

Footman James: -
£2,057 – 500 excess

The AA: -
£ WAITING

Performance Direct: -
£2,346

Tesco: -

[Stig95]

Yep looks about right to me. I was more or less quoted exactly the same when attempting to insure a S2 111s.

I needed the following
12,000 miles a year
Social and Domestic pleasure inc Commuting (the latter is the killer otherwise I could get quote of about £400 )

I am 26, 7 years not claims etc. In the end I bit the bullet got an S1. This dropped the premium to £800 for a standard car, £890 for a 111s, however I when and bought a modified S1 with a 165 kit on it for £1000 at A Plan. My only regret is I don’t have track insurance.

Good luck with the search!

[porteouz]

Gutted, I was hoping my insurance would come down when i reach 25. Looks like it aint goona judging by yours. Im on a std S1, 22, 1 ncb and 2 speeding fines. £2100

[Gruffy]

Chris Knott have been cheap for the past couple of years for me (I have similar circumstances to you) but the premium has been creeping up and this year Heritage have significantly undercut them at £695 including euro breakdown cover and trackday cover.

I think the critical difference (and might be enough for these specific brokers to not offer cover) is that I've owned the car for several years. Thinking back, when I bought the car at £16k my premiums were >£1,100 and I'm sure your 111R is of greater value.

[DamienCBR]

These all seem a lot.

I am 30 no NCB, have taken some of my company car driving into account but not fully as i am still using the company car. Wrote of my motorbike last year fault claim of £6100. Car is garaged 6k miles per year and has the wife on who is 37.

I pay £650 Full Comp and it is a Sport 160. This is insurance group 20.

D

[RobM77]

I should add that I don't always go for the cheapest quote. I need a guarantee that Lotus will repair my car in the event of an accident, regardless of cost.

[riwiho]

Well, its done now. I am not overly happy but after calling 29 seperate companies I am sure that there is little any one else can do.

At least I will have a nice new car to play with to cheer me up

[miro]

I had a couple of companies say that they could beat my current £780 9k mile insurance on my 56 plate Elise S once i have owned it for a year. They value the car history quite highly and scoffed at my hatchback history Im 29 with 6 years ncb + private parking social/ domestic use as i walk to work.