i8 Owners - Insurance?

[GEETEETHREERS]

All being well I'm picking up a 2016 i8 next week and I've noticed insurance is pretty high, much higher than previous "performance" cars. It's more than twice what I'm currently paying on an M2 for example.

Who are the rest of you using for insurance? Are there any specialists I should be looking at?

Thanks

[FeelingLucky]

I swapped from a 997 Turbo S in Oct 16, and was surprised when my premium doubled.

When renewal came around a few months ago, the premium had more than doubled again. I hit all the comparison sites only to find they all same the same song.

I ended up ringing them to to ask why the huge increase and we went through the details, the only detail needing changing being value, which initially I had set at retail (as it was purchased new), so I dropped value to £74k, and the premium dropped down to £1k. Still ridiculously high (IMO), but just about acceptable.

I suspect my next renewal will see me out of the car and into something else, time will tell.

[culminator]

Got mine through A plan at a sensible premium.

By the way, you'll love the i8....

[Derek 111S]

I’m with NFU Mutual. My renewal due next month, so we’ll soon see how prices have moved, and yes, you will love it.

Edited by Derek 111S on Saturday 17th February 18:01

[GEETEETHREERS]

Thanks for the replies. I tried Direct Line earlier (had totally forgotten about them with the rise of the comparison site!) and they came in £250 cheaper than the cheapest quote from a comparison site. Will give my local NFU a call on Monday to see if they can better it.

I actually borrowed an i8 for the weekend last month and within the first few hours I was totally sold. The M2 is a superb car and I will miss it but values are taking a tumble and now seems like a good time to jump.

The only gripe I had with the i8 was the iDrive. It's archaic compared to the 5.0 and 6.0 versions. I had no success getting bluetooth calls or music from an up to date iPhone 7. It paired fine but the sound was cutting out constantly and then disappeared completely, restarting car and phone made no difference. Any of you had similar?

[wilwak]

My i8 is insured on an Admiral Multicar policy.

A lot less money than the numbers you’re talking but I am 50+ :-(

[johnnyreggae]

A friend says BMW's own insurance thro Allianz works out extremely competitive even in Central London

[MrOrange]

johnnyreggae said:

A friend says BMW's own insurance thro Allianz works out extremely competitive even in Central London

I found them quite restrictive, car had to be garaged and with a tracker etc. I went direct to Admiral and it cost me £1k with 3pts and recent 4mth ban for speeding with needing garaging or a tracker. I’m 52, live in an urban area of Yorkshire.

[GEETEETHREERS]

Thanks all, I settled on Direct Line today. Reasonably happy with the quote and when you offset the zero road tax it's not that bad.

Now roll on Friday!

[MrOrange]

Enjoy.

Mine has been genuinely one of the cheapest cars I’ve owned.

Just over 2 years old and so far it’s only cost me insurance plus a pair of rear tyres, and averaged nearly 50mpg over the last 11,000 miles.

Thats zero road tax, no congestion charge, cheap/free parking, no servicing costs, no maintenance cost, and no problems (cross fingers).