Likely Macan EV insurance costs?

[thenobbler]

Hi All,

Currently driving a Jag iPace as a company car, so I have experience of the joys of EV insurance premiums over the last three years. Does anyone have any feel for the likely level of premium for a Macan EV? Car seems to be too new to be on underwriting systems as yet.

Thanks for any knowledgeable guidance in advance.

Tony.

[rudester]

thenobbler said:

Hi All,

Currently driving a Jag iPace as a company car, so I have experience of the joys of EV insurance premiums over the last three years. Does anyone have any feel for the likely level of premium for a Macan EV? Car seems to be too new to be on underwriting systems as yet.

Thanks for any knowledgeable guidance in advance.

Tony.

The Audi Q6 and SQ6, which shares the same platform are group 49 and 50 respectively. I believe that these are the 2 highest groups.

[pherlopolus]

I am the wrong side of 50, live in one of the safest areas of the country. Have 6 points for speeding twice.

I had quotes for a V8 Vantage (also group 50) of about £700, thats about £100 a year more than my Leased Skoda Scala, this was living on the drive rather than in garage too.

I would imagine if you got quotes for the equivelent petrol version you won't be far off.

[Augustash]

My wife’s Macan GTS insurance is just £1100 per year and that’s for 5000 mikes a year, kept on the drive, she has no points and is for social use only not commuting or business. That was by far the cheapest we / or a broker could get so would be surprised if the EV would be much different

[thenobbler]

rudester said:

The Audi Q6 and SQ6, which shares the same platform are group 49 and 50 respectively. I believe that these are the 2 highest groups.

Perceptive post, thanks. Guessing that the Macan Turbo will sit in 50, and the lower models a little below. No expectation that it'll get any better, due to the way that the architecture makes even mildish collisions a write off risk.

[DMC2]

pherlopolus said:

I am the wrong side of 50, live in one of the safest areas of the country. Have 6 points for speeding twice.

I had quotes for a V8 Vantage (also group 50) of about £700, thats about £100 a year more than my Leased Skoda Scala, this was living on the drive rather than in garage too.

I would imagine if you got quotes for the equivelent petrol version you won't be far off.

EVs are MUCH more expensive to insure than the equivalent petrol version.

[thenobbler]

True. My iPace is currently £1100 a year (and I'm in my early 60s, clean license and living in relatively crime free Suffolk. Go figure. It's because the slightest damage to the battery is a potential write off, working on the battery is relatively hazardous (they have a guy in rubber boots with a crook to pull the corpse off the battery if the guy working on it manages to earth it to ground with his body, mainly to stop the body going up in flames, and there's a Jag workshop out there with a battery tool embedded in the ceiling). And it won't get any better, because your independent isn't going to touch EV with a barge pole - not even an insulated one.

[pherlopolus]

Having done research (non scientific) mecan 4s £780 taycan £1400, cayenne phev 1250, cayenne normal 1100.

So a bit of difference so you are correct. I would expect EV to be maybe £1100?

[Gnevans]

Admiral were best for me by a long way. Multicar Audi R8GT Merc EQC and Taycan 4S. £1950 for the three. I do have £1300 excess on all three for me and my wife. LV were good until taken over now nowhere near.

[DJMC]

Gnevans said:

Admiral were best for me by a long way. Multicar Audi R8GT Merc EQC and Taycan 4S. £1950 for the three. I do have £1300 excess on all three for me and my wife. LV were good until taken over now nowhere near.

When you say "good", is that good on premiums or good dealing with a claim?

Is low price the most important factor when insuring a Porsche?
If so, should low price be the most important factor when deciding which brand of car to buy?

Or is an insurer's performance, options, reliability, and reputation what the insured should consider primarily?

[pherlopolus]

Admiral were excellent when we had an accident. Would be put off insuring with them.

[Sim75]

DJMC said:

When you say "good", is that good on premiums or good dealing with a claim?

Is low price the most important factor when insuring a Porsche?
If so, should low price be the most important factor when deciding which brand of car to buy?

Or is an insurer's performance, options, reliability, and reputation what the insured should consider primarily?

People have good and bad exoperines of all insurance companies, and that can come down to the person who happens to pick up the phione when you need to claim. If you think that paying more guarantees sterling service, good luck

[Sim75]

pherlopolus said:

I am the wrong side of 50, live in one of the safest areas of the country. Have 6 points for speeding twice.

I had quotes for a V8 Vantage (also group 50) of about £700, thats about £100 a year more than my Leased Skoda Scala, this was living on the drive rather than in garage too.

I would imagine if you got quotes for the equivelent petrol version you won't be far off.

I was running dozens of quotes recently for my 18 yr old son when I was trying to work out what car to get him.

All I can say is It's a minefield out there.

As an example of just how batsh!t crazy it was, I could insure him in a silver or white 2023 Mini Cooper Sport for £1000 less than a black or grey one. Nr identical spec acorss all the different numberplates. Silver was way cheaper too. (£1,200 vs £2,300) Go figure.

[pherlopolus]

My daughters Fiat 500 was £100 less without me on it 😂

[scrounger73]

My son pays £600 for his 68 plate Picanto 2. It's a great car and runs on fairy dust.

My wife have the Macan EV on her company car shopping list so insurance isn't really an issue with that one but yes, you're right, everyones experience with insurance is different.

Something to note is that the sweet spot for searching for insurance quotes is -23 days from renewal and when you go back to do another quote, make sure you clear your cache and cookies on your computer. Cheeky insurance company websites but trackers on there that ramp the price up if/when you go back on. It's also worth speaking to the company that give you the lowest quote on the phone. I got a quote for the GTS from Admiral and gave them a call. They added a little more discount saving me an additional £100.