My new E36 M3

[fwaggie]

Just picked my new toy up today from Ted/Fred/Rich of these parishes.

Hope you enjoyed the ride home on the 9R mate

Estoril blue, grey leather, lots of toys, very nice nick and drive lovely.


Now, insurance.

My main car is a Boxster S which is due for renewal in a couple of months. Thats insured with Direct Line at the moment, but I don't know if DL are competitive for multi car policy? They don't seem to do a proper multi car policy, but a completely different policy that they match NCB on.

(I've got 3 years NCB, 6 points, SP30 & SP50, and a full loss accident claim for £21k 1/4/2008 so I don't think I'm any insurers idea of an ideal client )

DL quoted me £750 for the M3 annually (the Boxster's about £900 IIRC).

Two questions, who's the best company for a multi car policy and secondly where can I get short term insurance for the M3?

I've tried to get short term quotes from a few places for the M3 but they all say either "Its a BMW, computer says no", or "Its higher than group 18, computer laughs".

(AFAIK a proper multi car policy is one insurance policy that covers 2 cars, so to take one of those out I'd need to get temp insurance on the M3 until the Boxster is due for renewal and insure both of them at once on a multi car policy)

I don't like the idea of stuffing new toy in the garage for a couple of months until the Boxsters insurance comes up for renewal!! Not fun!

[MarkwG]

I use Admirals multi-car for my three: into the second season now, on testing others at renewal no-one came close enough to make it worth splitting them up again. Haven't had to claim, so can't vouch for that side of things.

[Travis Mcgee]

I use Swiftcover, they allow you insure several cars using the same NCB, e.g built up 7 years with my Lexus, then recently insured my M3 with a new additional policy, but Swift let me use the NCB on the Lexus to get the premium down. Also, if there isnt a claim within the first 12 months, they will issue max NCB for the M3 at renewal.

[fwaggie]

Thanks guys,

I'll phone Swift and Adrian Flux and see if they'll match my NCB on the M3 even though its with another company until November.

Otherwise I'll have to keep the M3 in the garage until November

[E36GUY]

Elephant. Miles cheaper than anyone else I found. Trust me, my search was exhaustive. Have renewed with them twice now and they are coming in cheapest for the 530d I have just bought too.

[Toilet Duck]

MarkwG said:

I use Admirals multi-car

Another vote for Admiral. I've got a multicar policy with them and they were a lot cheaper than anyone else by a big margin, with proper cover including legal, gauranteed no claim protection etc. You can get an online multi quote from them here:

http://www.admiral.com/splash/multicarQuote.php

That gives you a cheaper quote than if you phone up, some sort of "internet rate." I used that then rang them up with the reference number and confirmed all the details of the cover etc with a human being before handing over my credit card details.

[fwaggie]

<gets quote from Admiral>

£2865.21p

Almost double what Direct Line want.

Well, thanks for the recommendation, but I don't think I'll be going with Admiral!

[ves-sportni]

Put the Bmw on a classic car policy with Royal sun alliance itll cost around £300-400 fully comp thouugh ull be limited to 6000miles per annum

[fwaggie]

"Classic car policy, what we cover, BMW M3, 20+ years" (old).

My car is only 12 years old.

Thanks for trying though

[ves-sportni]

Youll find the m3 will be covered after 10yrs with this company.... Ive mine on it