F10 M5 Insurance Advice
Discussion
W8PMC said:
Hastings Direct at £420.
46, max NCB, good area, garaged, Class 1 business use.
Should have said this was an increase over last year for no reason other than premiums generally appear to have gone up this year. Was with Quote me Happy last year (Aviva) & paid £360, but they wanted £510 at renewal last week so moved to Hastings Direct.46, max NCB, good area, garaged, Class 1 business use.
) is around £500 as part of a multi car policy with Admiral. 30, London, 3yrs NCB so not bad I think!Strange, I wonder why mine is coming out so expensive. My details are: 33, 6 years no claims, live in SW15, 6k miles a year, leisure use only, clean license, no accidents in 5 years.
As I said previously, my Aston was worth twice this and the premium was c£600pa. Only thing it could be is the postcode, as I was living in SW19. The area I've moved to however is much nicer, but I guess they base it on the entire postcode?
As I said previously, my Aston was worth twice this and the premium was c£600pa. Only thing it could be is the postcode, as I was living in SW19. The area I've moved to however is much nicer, but I guess they base it on the entire postcode?
Actually I just tried a single car quote for the M5 and it was £1100, whereas a multicar along with a 911 is £1150!!
But try playing around with the parameters, some of them are completely counterintuitive. e.g. garaging might be more expensive than street, 5000 miles might be more expensive than 8000 miles, etc. It's all a silly game really.
But try playing around with the parameters, some of them are completely counterintuitive. e.g. garaging might be more expensive than street, 5000 miles might be more expensive than 8000 miles, etc. It's all a silly game really.
Shaoxter said:
Actually I just tried a single car quote for the M5 and it was £1100, whereas a multicar along with a 911 is £1150!!
But try playing around with the parameters, some of them are completely counterintuitive. e.g. garaging might be more expensive than street, 5000 miles might be more expensive than 8000 miles, etc. It's all a silly game really.
Wow you're completely right! Played around with the perimeters and got it down to £770. 8000 miles is the optimum millage and far cheaper than 6000 miles. Social and commuting is cheaper than social only. Also surprisingly it's more expensive to keep the car on your drive, then keeping it on the street. This makes no sense at all!But try playing around with the parameters, some of them are completely counterintuitive. e.g. garaging might be more expensive than street, 5000 miles might be more expensive than 8000 miles, etc. It's all a silly game really.
R8VBV said:
Wow you're completely right! Played around with the perimeters and got it down to £770. 8000 miles is the optimum millage and far cheaper than 6000 miles. Social and commuting is cheaper than social only. Also surprisingly it's more expensive to keep the car on your drive, then keeping it on the street. This makes no sense at all!
Couple of reasons I can think of:1) if it's on the street then the thief won't necessarily know which house he needs to steal the key from
2) if it's on the drive, the thief/vandal has some protection from being completely out in the open
3) a 'leisure only' policy means all your miles will be for 'fun' aka hooning - whereas business/commuting means it might be used mainly for the daily drive
cosworth330 said:
46 full no claims, leisure use no points or accidents, £232 fully comp with Hastings direct E60 M5 , includes protected no claims bonus.
53, 3 points and one accident 50/50 with the car on our drive in rural Sussex £320 from LV including no claims etc.Hastings seems a bargain
mmm-five said:
R8VBV said:
Wow you're completely right! Played around with the perimeters and got it down to £770. 8000 miles is the optimum millage and far cheaper than 6000 miles. Social and commuting is cheaper than social only. Also surprisingly it's more expensive to keep the car on your drive, then keeping it on the street. This makes no sense at all!
Couple of reasons I can think of:1) if it's on the street then the thief won't necessarily know which house he needs to steal the key from
2) if it's on the drive, the thief/vandal has some protection from being completely out in the open
3) a 'leisure only' policy means all your miles will be for 'fun' aka hooning - whereas business/commuting means it might be used mainly for the daily drive
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