M3 Insurance shocker

[neilcoker]

Just bought my first M3 a e46 changed my insurance over from a 911 and wow 1400 pounds thankyou very much double the 911 insurance Im 46 no convictions 2 years no claims is this the norm are other ownerspaying this much am i so out of touch, any feedback would be good

[MattyLloyd73]

I've just checked what mine is as I'm looking at getting in to an M3 this weekend, came back at £952 fully comp, protected no claims (4 years!) no convictions, etc... with £400 excess overall (compulsory and voluntary added together) and I'm 38....

Doesn't seem bad, considering I'm currently paying £652 on my 320d M-Sport.... although back in the day I was paying a mere £322 on my 300ZX Twin Turbo....

Cheers

[mr sagman]

Try go compare.com, Put your details in and tick the box that says do you have a tracker and what make, (I put tracker retrieve as I knew they are a very good price, £169 fitted, £109 per year subscription, And it should bring your quote down massively.
I have just purchased an E92 M3 and was getting quotes around £1100, I have just had a tracker fitted and hey presto my quote came down to £720 with Swiftcover,(through go compare), And my postcode is the 2nd worst in the country.
Good luck.

[Nedzilla]

You need to start ringing around guys.I had an E46 M3 cab for 5 yrs and the difference in premiums between companies can vary alot.Just because they are good with your porsche doesn't mean they will like M3's.

I would say you should be paying around £600 max providing your postcode aint a bad one.Anymore and I would look elsewhere.

[JNW1]

neilcoker said:

Just bought my first M3 a e46 changed my insurance over from a 911 and wow 1400 pounds thankyou very much double the 911 insurance Im 46 no convictions 2 years no claims is this the norm are other ownerspaying this much am i so out of touch, any feedback would be good

Have you tried Liverpool Victoria? I'm similar age to you, clean licence, full no claims, car (E46 M3 CS equipped with tracker) garaged in a relatively low risk area. Based on doing 15k miles a year my insurance with LV was £425 fully comprehensive (£500 excess but without protected no claims as I always think that's a waste of money!). Sadly the M3 went last autumn but I now have an E92 335i and am still with LV; renewed in June at £377 fully comprehensive with £400 excess which didn't seem too bad to me!

[nick lewis]

I'm 44 live in wiltshire,have two Sp30's and owned my M3 for 6 years and just renewed, had a renewal quote of £606 with cc insurance last year paid £525. Adrian flux quoted £500 so renewed with them.
Hope this helps.this has a 6,000 mile a year limit

Edited by nick lewis on Wednesday 8th August 11:53

[HerrSchnell]

Cutters forum sponsors Sky insurance.

36 with 4 years NCB in a central Birmingham postcode, car value = £10k with no tracker and paid £658 last year.

[neilcoker]

thanks guys got it down to 800 with aidrean flux Thank you all

[Diderot]

I'm currently looking into a Z4MC - drove a lovely one today (bloody tempted - brilliant cars) - was bracing myself for the quotes as they came through, but I've been quoted from £300. Couldn;t quite believe it after reading this thread the other day.