Insurance Woes

Insurance Woes

Author
Discussion

matty g

Original Poster:

260 posts

212 months

Thursday 29th September 2022
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Had my renewal through for my 2021 M5Comp. £4700.. Mental First year was £1700 and that went up from £1000 when I realised I still had to declare sp30 from july 2019
This was with Admiral
Think its time for specialist insurance.

Any recommendations



95JO

1,934 posts

100 months

Thursday 29th September 2022
quotequote all
Adrian Flux and Brentacre have been competitive for me

Harry Rule

191 posts

55 months

Thursday 29th September 2022
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That's nuts.

I take it you've tried the comparison sites.

I've got a 2016 F10 M5 and the insurance is due in the middle of October, I've not had the renewal through from Admiral yet, but Confused.com is giving me a quote of £527 with AXA Insurance.

I'm 54 with no accidents or convictions and 15 years no claims, postcode isn't the worst, but not the best either.

alscar

6,224 posts

227 months

Thursday 29th September 2022
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Perhaps speak to a broker - let them do all the work as it won’t cost you anything - I use Nowell and Richards.

e46m3c

879 posts

169 months

Thursday 29th September 2022
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a-plan thatcham have done me well over the years with various cars in various state of tune and use. worth a go.

matty g

Original Poster:

260 posts

212 months

Friday 30th September 2022
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I totally forgot Confused.com.. 17k was the most expensive but Sheilas' wheels at £745 is a bit better. And a grand cheaper than last year.

I obviously dont watch enough adverts on TV

JQ

6,333 posts

193 months

Friday 30th September 2022
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Another recommendation for A-Plan, I used them for a number of years. I now use REIS, however I don’t think they cover standard road cars, there needs to be a certain level of modification. But worth a call as again, they’ve been excellent.

hawker1986

59 posts

123 months

Friday 30th September 2022
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Really odd how this works admiral are always really competitive for me.

Last renewal in May on my 2014 M5 was the lowest its ever been <£600 for me and the Mrs with business cover. Also not in a great postcode.

Might be worth speaking with admiral, previously ive had some pretty questionable quotes which theyve then brought into line after a phone call, wish that whole getting an elevated price thing could be regulated out its such a irritation.

VeeTenM

750 posts

128 months

Saturday 1st October 2022
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Moneysupermarket always give me the best price, although I did Churchill last year on my M6 as they were the cheapest.

Go through Topcashback might get some cashback. I just did my Polo runabout through them and got £40 back and worked out cheaper than Churchill quote with mulitcar by £70. That's a fuel fill up!

Duratecbuh

32 posts

50 months

Sunday 2nd October 2022
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Give the NFU a try...

They gave me a terrible quote on our farm pickup (work that one out), but were sub £400 for an F series M car.

MikeM6

5,499 posts

116 months

Sunday 2nd October 2022
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I always seem to alternate between AXA and Direct Line, but this year direct line was much more expensive so renewed with AXA.

Comparison sites will only give the cheapest prices for the lesser known companies, not sure I would trust them to be honest

doc261

113 posts

136 months

Sunday 2nd October 2022
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That’s not true at all. Sure some companies are not on comparison sites but most of the big ones are eg Admiral, Churchill, Avila, LV etc

MikeM6

5,499 posts

116 months

Monday 3rd October 2022
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doc261 said:
That’s not true at all. Sure some companies are not on comparison sites but most of the big ones are eg Admiral, Churchill, Avila, LV etc
I mean the cheapest prices for me on comparison sites are all from unknown insurers. The ones you listed are on there, but not the cheapest that came up.

AXA was cheaper then them all when I renewed.

toasty

7,953 posts

234 months

Monday 3rd October 2022
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Churchill were cheapest for me on F10 M5. About £400 iirc.