Insurance

[N4LLY]

Just renewed 20 E89

Declared speeding fine and 3 points

£200

Think that's the cheapest ever i have paid

[pvr]

Mine seemed to go the other way - the X5M had gone from 350 to 700 and the Porsche from 300 to 400. The other cars stayed more or less the same so no idea why those two got hit so much.

No changes though

[john-e89]

no idea why those two got hit so much.

No changes though

They know you personally....?

[pvr]

Perhaps I should not have said that I identified myself as a boy racer

[B21]

Having sung the praises of LV endlessly..especially on the fact they don’t penalise mods..I’ve been royally shat on…

I declared all my mods and my 35is premium has gone from £230 to £1,760…

I went elsewhere for £270 with same declarations..

[N4LLY]

premium has gone from £230 to £1,760…

Yikes

[B21]

premium has gone from £230 to £1,760…

Yikes

Yes poo-ed myself..

Mind you when you declare

Engine mods
Tyre mods
Wheel mods
Suspension mods
and what I suspect is the most dangerous mod..a spoiler…

[Colin_E]

My theory about low or no cost for a remap is that some insurers probably take an aggregate of all cars to assess their risk / premium for remaps. Since most normally aspirated cars don't gain much, the loading on an aggregated basis is low too. So it's just an algorithm.
I think it's always been the case though that heavily modded cars can attract big premiums?

[Pondrew]

Having sung the praises of LV endlessly..especially on the fact they don’t penalise mods..I’ve been royally shat on…

Exactly the same here with LV. Changed a car mid-term and they went to town. Cancelled and went elsewhere. They even shafted me on refund.
I made an official complaint but never heard a thing.

Not a fan anymore.

[B21]

My theory about low or no cost for a remap is that some insurers probably take an aggregate of all cars to assess their risk / premium for remaps. Since most normally aspirated cars don't gain much, the loading on an aggregated basis is low too. So it's just an algorithm.
I think it's always been the case though that heavily modded cars can attract big premiums?

I understand the logic but in my case I had what appeared to be an equally heavily in their eyes modified 20i and that attracted no great premium..

Even the basic offer assuming no mods has gone from £270 to £370 …

Maybe they’ve bought enough market share now?

[Dark Diggler]

Mine is renewed tomorrow at £200, down from last years £223, that’s full whistles and bells with no restrictions on an E86 Si and with Priviledge. I was surprised that it’s gone down to be honest but on the bright side, it’s 2 gallons of fuel

[Nanu]

When stating figures quoted can we at least have insurance companies named please? Just a suggestion to save time trying to find who it is. (Especially G29s as mine is due next month)

[N4LLY]

Apoligies Nanu,

Used gocompare for 1st time last year and got the free £ 250.-- excess.

It threw up Aeges Which was way cheapr than Direct Line who had been creeping up year on year.
Expected to have to do same and Gocompare, but nope Aeges renewed £ 57.-- cheaper than last year.

[Nanu]

Thanks

[Mr Tidy]

I was with Chris Knott for my MC last year but as usual the renewal premium had shot up when it was due in June.

I tried a few other options (comparison sites don't really work when you have modifications to declare) and ended up with Ageas via Adrian Flux for £270.