Lotus Elise S1 - Sample Insurance Quotes

Don't let the sun go down on your Lotus dream..? Oh never mind!
Don't let the sun go down on your Lotus dream..? Oh never mind!
Based on a 1999 Lotus Elise 1.8 valued at £10000 and fitted with a Thatcham approved alarm/immobiliser.

All drivers based on no accidents, maximum NCB, 1 minor speeding conviction, and having owned the car for over 12 months with comprehensive cover.

Quotes thanks to PH partner Adrian Flux
Quotes thanks to PH partner Adrian Flux
Example 1) 30 Year old driver from London - a banker:

3000 miles per annum - £500.00 - £300 excess
7500 miles per annum - £650.00 - £300 excess
Unlimited miles per annum - £700.00 - £300 excess

Example 2) 37 Year old driver from Peterborough - a factory owner:

3000 miles per annum - £300.00 - £300 excess
7500 miles per annum - £375.00 - £300 excess
Unlimited miles per annum - £400.00 - £300 excess

Example 3) 55 Year old from Bristol - a property developer:

3000 miles per annum - £275.00 - £300 excess
7500 miles per annum - £315.00 - £300 excess
Unlimited miles per annum - £330.00 - £300 excess

Model variance:
For an equivalent 111S model you would be looking at an approximate increase in premium of about 15%.
For a 2004 MK2 111R model worth £15000 you would be looking at an approximate increase in premium of about 40%

Other Factors:
With regards to factors that affect the insurance premiums for these vehicles the age and value of the car would also have some bearing. For example if the car was slightly older or worth slightly less the above premiums would probably reduce a little, likewise if the car was newer or worth more the premiums would increase.

Other factors are the usual obvious ones when it comes to insuring these types of cars. Wherever possible keep the mileage down, and preferably keep them in a garage overnight.Having an aftermarket tracking device is also a big help, and relevant driving experience is a massive advantage. If you can show that you have a history of claim free driving in high performance saloons/sports cars it will be far easier to obtain competitive premiums for these types of cars.

PH Buying Guide - Lotus Elise S1

Introduction
Powertrain
Rolling Chassis
Body
Interior
Insurance Quotes(viewing now)
Lotus Elise S1 ads (PH Classifieds)

Comments (4) Join the discussion on the forum

  • steve_n 05 Jul 2011

    Garaging is not always cheaper these days, in fact I have found it to be the most expensive compared to least on the street.

    Why I hear you ask?

    They get far more claims for crashing into driveway walls or stuff in the garage than street crime.

    Simples.

  • jatinder 05 Jul 2011

    Good guide.

  • TheOrangePeril 12 Jul 2011

    Any quotes for a 22 year old touring musician from Bournemouth?...

  • Alfa numeric 12 Jul 2011

    Article said:
    Example 1) 30 Year old driver from London - a banker:

    3000 miles per annum - £500.00 - £300 excess
    7500 miles per annum - £650.00 - £300 excess
    Unlimited miles per annum - £700.00 - £300 excess
    I've got an 07 Elise R and 52 MINI Cooper and the pair of them were insured (12k miles pa) for less than £1,000 with a similar excess in March. I'm a 36 year old accountant with three points and 9 years no claims.

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