Fucawi Posted July 24, 2003 Report Share Posted July 24, 2003 Which insurance companies are people using to insure their pride-n-joy? What sort of premiums have you been stung with? Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted July 24, 2003 Report Share Posted July 24, 2003 Welcome to the forum , Have you got an R32 on order? If so what spec have you gone for? Cheapest quote I've had so far is elephant.co.uk which was £800 the next cheapest was directline @ £1000 followed by Norwich Union @ £1200. BTW I'm 27 with full no claims and no points. Quote Link to comment Share on other sites More sharing options...
Luke Posted July 24, 2003 Report Share Posted July 24, 2003 Newbie123 have you gone over 153 mph!! Quote Link to comment Share on other sites More sharing options...
Fucawi Posted July 25, 2003 Author Report Share Posted July 25, 2003 R32 on order due end of August, but originally put my name on the list last August, but will wait for '53' reg in Sept. Blue, Black Leather, Sunroof and Delta. Bell Direct have quoted £760, but then I am 32 and have full no claims and no convictions (yet!!) Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted July 25, 2003 Report Share Posted July 25, 2003 [ QUOTE ] Newbie123 have you gone over 153 mph!! [/ QUOTE ] You really started something there didn't you Luke Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted July 25, 2003 Report Share Posted July 25, 2003 [ QUOTE ] R32 on order due end of August, but originally put my name on the list last August, but will wait for '53' reg in Sept. Blue, Black Leather, Sunroof and Delta. Bell Direct have quoted £760, but then I am 32 and have full no claims and no convictions (yet!!) [/ QUOTE ] I'll have to try Bell Direct then. Not long to wait for yours then Quote Link to comment Share on other sites More sharing options...
Argus Posted July 25, 2003 Report Share Posted July 25, 2003 have any of you tried for a quote from "Frizzel" who are part of "Liverpool Victoria"..ok I,m 51 clean licence and full No Claims...so to the price...£439 fully comp protected bonus...I know I,m one of the old guys...but hey what you got to loose give them a try... Quote Link to comment Share on other sites More sharing options...
taz Posted July 25, 2003 Report Share Posted July 25, 2003 im with bell direct, and paying 1900 (ouch). Im 24 though and have 3 years no claims... Quote Link to comment Share on other sites More sharing options...
Hopsta Posted July 25, 2003 Report Share Posted July 25, 2003 I'm with Adrian Flux (in the yellow pages) for the S3, just under 900 with bits declared too Quote Link to comment Share on other sites More sharing options...
Fucawi Posted July 25, 2003 Author Report Share Posted July 25, 2003 My wife used Adrian Flux for her Cooper (real Cooper, not baby BMW). Good price for cover, but don't try to claim, useless bunch of monkeys..... Will try Frizzel and lie about my age Har! Har! Quote Link to comment Share on other sites More sharing options...
Fucawi Posted July 25, 2003 Author Report Share Posted July 25, 2003 Also depends on where you live and where you keep the car at night! But who am I to turn down good advice? Quote Link to comment Share on other sites More sharing options...
Bison1379134007 Posted July 25, 2003 Report Share Posted July 25, 2003 you can all feck off! i pay 200... a month! directline 23/3years NCB/1xSP30 and its on the street in central london. thank feck its a company car. Quote Link to comment Share on other sites More sharing options...
Fucawi Posted July 25, 2003 Author Report Share Posted July 25, 2003 A company car!!!! Got any jobs going? Quote Link to comment Share on other sites More sharing options...
simontelfer Posted August 4, 2003 Report Share Posted August 4, 2003 Finally my car is on the transporter. Took your advice and called around insurers, elephant was the cheapest, they even beat their own online quote when challenged..... 36yrs, cambridge post code, clean licence, garaged, 15k per year, wife named driver - £623...can't complain... Quote Link to comment Share on other sites More sharing options...
KEVINP Posted August 4, 2003 Report Share Posted August 4, 2003 That is a good quote . Is that with any discount for a tracker device ? I found that elephant and admiral were about the best . Some were just laughable in how much they wanted to rip you off. Bet you can not wait for it to arrive. Mine is due to be built Week 35 ( WC 28/8 ). Quote Link to comment Share on other sites More sharing options...
jeremyadamson Posted August 4, 2003 Report Share Posted August 4, 2003 Hi fellas....one thing to bear in mind with Elephant, and that is the replacement value on your car should it be written off in the first year (God forbid)! I rang Elephant and got by far the best quote (at least £100 better than anyone else). BUT, they don't pay out the cars new value if it's written off in the first year...only the trade in. So if you drive it away from the dealer and prang it within the first 10 minutes, you'll get what Glasses guide says it's worth! You can haggle, but you might lose all the value of the options at the very least. I confirmed this with one of their call-centre people, so be careful out there people. J. Quote Link to comment Share on other sites More sharing options...
jeremyadamson Posted August 4, 2003 Report Share Posted August 4, 2003 For my money, the extra £100 has got to be worth it, so I've stayed with Norwich Union who pay out the full purchase price including options in the first year. I can't recommend NU highly enough.....they may not be the cheapest, but the service and claims are superb. J. Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted August 4, 2003 Report Share Posted August 4, 2003 So if they are currently selling over list can I make a profit by writing it off ! Quote Link to comment Share on other sites More sharing options...
jeremyadamson Posted August 4, 2003 Report Share Posted August 4, 2003 Nice try matey....but you've obviously never had to haggle with an insurance company! Back in the days when IT contracts were plentiful, I bought a new TVR Chimaera. This was in 1996 when there was a huge waiting list, and a 6 month old would sell for above list in the same way that BMW Z4's do now. I then wrote it off five weeks into ownership. The policy I had covered the cost of a brand new identical replacement in the first year....but because I was pretty young and had just had a huge fault accident, I found that insuring it again the following year would've been stupid money. So I opted for the cash, expecting them to pay out in full.....and bugger me, they turned round and offered me £4000 less than what I paid.....after about 3 months of to-ing and fro-ing, they finally agreed to £2500 less than list, regardless of how much evidence I gave them about current market valuations etc. I seriously thought about letting them buy me a new one and then selling it immediately, but it was more hassle than it was worth! J. Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted August 4, 2003 Report Share Posted August 4, 2003 Insurance companies are a bunch of ******* ! You could of course get return to invoice insurance from a finance company when buying the car for about £450. Which means that even if you wrote it off in year 3 they would cover the difference between what the insurance pay out and what the car originally cost. Quote Link to comment Share on other sites More sharing options...
AnthonyB Posted August 4, 2003 Report Share Posted August 4, 2003 Have any of you guys taken out VW's GAP insurance with your R32's? Anthony.. Quote Link to comment Share on other sites More sharing options...
jeremyadamson Posted August 4, 2003 Report Share Posted August 4, 2003 Newbie - are you sure about that?? Are you refering to GAP insurance?? If so, it's my understanding that the policy pays out to the finance company the difference between the insurance pay out and the outstanding finance....I don't think the owner would see anything out of it, would they?? J. Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted August 4, 2003 Report Share Posted August 4, 2003 There are two types of gap insurance... One which covers for the difference between what you owe on finance and what the insurance company give you . Should be no more than £250. The other is return to invoice gap insurance which does exactly what it says. Should be about £450, but BMW tried to get one of our partners to pay £700 until we pointed out lombards price. Jeremy, 2 of the partners recently went for this and we checked the policy very carefully and yes the owner would get the difference between what the car is worth and what it originally cost. Quote Link to comment Share on other sites More sharing options...
jeremyadamson Posted August 4, 2003 Report Share Posted August 4, 2003 Newbie - hi! That's marvellous! I shall definitely invest....it does rather encourage "accidents" two years and eleven months down the line though! There must be a catch?? J. Quote Link to comment Share on other sites More sharing options...
Newbie123 Posted August 5, 2003 Report Share Posted August 5, 2003 I assume the catch will be that the differing insurance companies will argue about whether the car should be written off or not. Quote Link to comment Share on other sites More sharing options...
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