Renewal notice on my M2!

Renewal notice on my M2!

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Discussion

Soddem Hall

Original Poster:

117 posts

176 months

Monday 8th January
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2022 911 fully comp £500. Renewal notice for my M2 just come through £1879!! I'd heard premiums were rising but this is taking the p1ss!

53 years of age, 25yrs+ NCB and zero points. I'll start shopping around but any recommendations gratefully received....

Freakuk

3,463 posts

158 months

Monday 8th January
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Who's your current insurer? If it's admiral I'm going to say this was your first year with them and you got a good deal, 2nd year they spank you.

If it isn't admiral give them a try but be prepared that come renewal they'll pull your pants down.

Square Leg

14,937 posts

196 months

Monday 8th January
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Give Howdens (formerly A Plan) a call and speak to a human.
Needs to be the Thatcham branch for performance cars.

Had my M2C, Stelvio QV, Giulia QV and Golf R (currently) all insured through them and no one else got near them.

ubbs

659 posts

224 months

Monday 8th January
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Try saga! i paid £320 plus £60pa to freeze it for 3 years in 2022. That’s a 20 plate comp garaged at home 4K miles per annum no points, no claims since 2017 and full no claims bonus.

KPB1973

929 posts

106 months

Tuesday 9th January
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I just picked up a cheap V8 S5 as a project car, and all the quotes on my usual comparison site (confused) were £500+.

Out of curiosity I tried comparethemarket and the same provider (Sterling) was cheapest on them too, but at only £260.

Maybe I just got lucky, but it might be worth being persistent over a few days and a few different sites as it's not the first time I've exploited an anomaly like this.

Deviation

40 posts

11 months

Tuesday 9th January
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Worth trying Chris Knott as well. They were very competitive for me.

Castrol for a knave

5,292 posts

98 months

Tuesday 9th January
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Another for Chris Knott and also Peter Best.

I recall that also, it depends when you obtain your quote versus the date of expiry. There's a sweet spot about 3 weeks out from your expiry, after that, the algorithms load up the quote because they know you are running down the clock

Just remembered - insurance bloke on Martin Lewis said it last year.

dogz

342 posts

263 months

Monday 15th January
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I've just renewed my G80 M3 Xdrive

Last year it was £800, this year its cost me £2097

20 yrs no claims, 2 x sp30


JMBMWM5

2,344 posts

205 months

Monday 15th January
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ubbs said:
Try saga! i paid £320 plus £60pa to freeze it for 3 years in 2022. That’s a 20 plate comp garaged at home 4K miles per annum no points, no claims since 2017 and full no claims bonus.
They would not insure my F90 Comp at all.

Nik Gnashers

851 posts

163 months

Monday 15th January
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Just to add, Saga insurance is what I used for my M140i for the past 2 years, but Saga use AXA as the under writers so it's actually AXA who you have to deal with if you have to claim.

I have an OG M2 now, and Hastings was the cheapest.

BMWM2Black

3,038 posts

225 months

Tuesday 16th January
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Im with Sterling and pay under £500 for my OG. Lots of mods declared, 47, 9yrs NCB.

Defo a postcode lottery