02-07-2019, 10:22 AM | #1 |
Lieutenant
291
Rep 456
Posts |
M2 Comp insurance recommendations please
Afternoon all.
I am in the process of getting insurance quotes for my new M2C and have tried companies like SkyInsurance, Chris Knott, PerformanceDirect.co.uk, etc and I wanted to know if anyone can recommend some decent insurers who can cover modifications at a fair price. I'm 39 next month with 9 years NCB and have had my license for 12/13 years. SkyInsurance called me back and said even they couldn't even find a quote for me, which is insane! Cheers, Karl
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
02-07-2019, 03:38 PM | #2 |
Lieutenant
291
Rep 456
Posts |
No need for help on this now.
It seems the so called "performance car insurers" where you expect to get a better deal are actually highly overpriced compared to the larger and more well known insurers.
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
Appreciate
0
|
02-08-2019, 03:38 AM | #5 |
Lieutenant
291
Rep 456
Posts |
Admiral multicar, Aviva and Elephant seem to be doing the best quotes for me. Elephant was the cheapest with the M2C coming out at £617 with mods and with my Merc costing £352, so under a grand for both. Performance Direct we're quoting £1200 for just the M2C. What a joke!!
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
Appreciate
0
|
02-08-2019, 05:26 AM | #6 | |
G80 M3C
42
Rep 18
Posts |
Quote:
Considering I have my licence clean for 12 years and no accidents. I laughed at the guy on the phone. As soon as they hear "M" "Competition", dollar signs appear |
|
Appreciate
0
|
02-08-2019, 06:53 AM | #7 | ||
Lieutenant
291
Rep 456
Posts |
Quote:
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
||
Appreciate
0
|
02-08-2019, 06:57 AM | #8 |
Private
21
Rep 51
Posts |
Here is my insurance timeline for the last couple of years. 13+ years no claims.
Z4m - £ 399 per year Z4m & eco boost Fiesta - £1150 Z4m, eco boost fiesta, M2 LCI - £1200 All of the above prices are from Admiral Insurance. Now I just have the M2 and they have quoted £ 1900 for renewal.... Safe to say....I changed company....and im now with QuoteMeHappy for £1100 (which is still too expensive!!) |
Appreciate
0
|
02-08-2019, 07:55 AM | #9 | |
Lieutenant
291
Rep 456
Posts |
Quote:
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
|
Appreciate
0
|
02-10-2019, 06:53 AM | #11 | |
Enlisted Member
17
Rep 36
Posts |
Quote:
The current cheapest quote I can get is around £1200.. But I guess that is fair because I am quite new to UK, and all my prior NCD are overseas. 35 years old, living in Wandsworth, London. Really jealous of the quotes that you guys are getting! |
|
Appreciate
0
|
02-10-2019, 07:24 AM | #13 | |
Lieutenant
291
Rep 456
Posts |
Quote:
£1200 for London doesn't sound bad. I would probably be getting something near to that if I was still living in London.
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
|
Appreciate
0
|
02-10-2019, 07:53 AM | #14 | |
Enlisted Member
17
Rep 36
Posts |
Quote:
M2 Plus Pack M2 Comfort Pack 2NH big brakes M Driver's package Through-loading system Windscreen with grey band I was on 6MT until the very morning that it went '5000 Confirmed for Production', and decided to switch to DCT! It went into '5055 - Confirmed by production control' the very same afternoon. Have been waiting a long for this! |
|
Appreciate
0
|
02-10-2019, 07:57 AM | #15 | |
Lieutenant
291
Rep 456
Posts |
Quote:
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
|
Appreciate
0
|
02-10-2019, 08:05 AM | #16 | |
Enlisted Member
17
Rep 36
Posts |
Quote:
I didn't register my keyless entry. I didn't see the site asking for that when I did my online quotes... Hope that don't drive up the cost later if this option came up when I actually buy the policy! But thanks for the heads up, I will research a little more about this. I do think the risk is rather low for me as it would be parked in underground parking at home most of the time. I ordered some Faraday bags to keep my keys at home though. I work in the Cyber Security field, and had some experience around RF hacking stuff that car thieves has been using - definitely don't fancy someone else doing the same on my own car. |
|
Appreciate
0
|
02-10-2019, 08:13 AM | #17 | |
Lieutenant
291
Rep 456
Posts |
Quote:
Hopefully it won't drive up the insurance much, but I think it's still worth letting the insurance companies know. You know what they are like with these things. Your car could get stolen and it might not be anything to do with the keyless entry, but they might use a loophole to get out of paying. Currently I am getting prices on Cat 5 trackers as I was able to get serious reductions in insurance quotes by stating I would have one of these installed. Looking at one of these: https://www.cbscentres.co.uk/security/s5-vts-plus/
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
|
Appreciate
0
|
02-10-2019, 08:20 AM | #18 | |
Enlisted Member
17
Rep 36
Posts |
Quote:
That's very true indeed about how insurance companies can put the blame back to me when the worst happen... How much of a reduction did you get with the tracker? |
|
Appreciate
0
|
02-10-2019, 08:24 AM | #19 | ||
Lieutenant
291
Rep 456
Posts |
Quote:
If I was ever in a position to own a Cayman GT4 I'd gladly switch to a manual box 😎👌🏻
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
||
Appreciate
0
|
02-10-2019, 09:19 AM | #20 | ||||||
Enlisted Member
17
Rep 36
Posts |
Quote:
Quote:
|
||||||
Appreciate
0
|
02-20-2019, 11:07 AM | #21 |
Major General
1545
Rep 8,972
Posts |
Direct line or Hasting have been very cheap for me.
DL were only £300 per year for my last M6GC with 700bhp remap! Currently with Hastings, 275 pa iirc. Agree these "specialist insurers" are all rob dogs in my experience. |
Appreciate
0
|
02-20-2019, 11:10 AM | #22 |
Lieutenant
291
Rep 456
Posts |
Thanks Doughboy. I'll give Direct Line a try. Why was the insurance so cheap for you? Do you live in a low risk area?
__________________
2019 HS DCT M2 Competition with Essex AP Racing Radical Pro5000r front and rear BBKs, Bilstein B16s and 763M wheels with Cup 2s
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|