Insurance New Vehicle [2021 Megathread]

[ChorleyTesl4]

Hey guys, I've purchased my TM3 via third party leasing on a PCH lease.
I'm considering looking into GAP insurance - just looking to see if any users on here are PCH and have taken / are not taking GAP insurance out?

Thank you

 

[C225]

I'm a Lease through Tesla direct and have not taken out GAP insurance. Given the current market and car prices don't really see the need for it as everything is holding it's value so no Gap to insure...

 

[realityagain]

Now insured with Churchill. Pickup tomorrow.

Out of curiosity, did your reg number start working on the insurance/comparison sites?
I have my reg number now, but collection isn't until the 25th - so isn't actually registered with DVLA yet. (Therefore doesn't show up on those sites).

Also, congrats on your collection! Enjoy

 

[LUXY]

Out of curiosity, did your reg number start working on the insurance/comparison sites?
I have my reg number now, but collection isn't until the 25th - so isn't actually registered with DVLA yet. (Therefore doesn't show up on those sites).

Also, congrats on your collection! Enjoy

Had to manually pump it in !

 

[Whisker]

Wow such differences in insurance premiums on Teslas, my current insurer wanted just over £1k annually, most others are around £600. I saw many others were trying Peugeot for their insurance, just ran my details through their system and came back with a. premium of £305, now people generally saying if something looks too good to be true, it generally is, I'm concerned there is some catch or loophole

 

[Adopado]

Wow such differences in insurance premiums on Teslas, my current insurer wanted just over £1k annually, most others are around £600. I saw many others were trying Peugeot for their insurance, just ran my details through their system and came back with a. premium of £305, now people generally saying if something looks too good to be true, it generally is, I'm concerned there is some catch or loophole

It’s just the bizarre world of insurance. There’s plenty of us paying under 300 if living in low crime and accident areas. Grab that quote!

 

[Tenatious]

Has anyone who went with Peugeot had their documents through in the post yet? (Yes they're old school and don't do online documents). I paid for my insurance with them a week ago and haven't had anything through yet.

 

[Liquidv]

Has anyone who went with Peugeot had their documents through in the post yet? (Yes they're old school and don't do online documents). I paid for my insurance with them a week ago and haven't had anything through yet.

Have you checked Askmid just incase? I usually get paranoid when I renew my car insurance:

askMID

ownvehicle.askmid.com

 

[Tenatious]

Have you checked Askmid just incase? I usually get paranoid when I renew my car insurance:

askMID

ownvehicle.askmid.com

It isn't showing on there yet but the policy isn't due to start until the 26th so I assume it wouldn't show until the policy actually starts?

 

[realityagain]

Has anyone who went with Peugeot had their documents through in the post yet? (Yes they're old school and don't do online documents). I paid for my insurance with them a week ago and haven't had anything through yet.

How were you able to get insured with them, did your reg number work online - or did you have to call up?

 

[Katic1972]

Have you checked Askmid just incase? I usually get paranoid when I renew my car insurance:

askMID

ownvehicle.askmid.com

the issue, which was “debated” on here was whether PI would honour any claims and that some sales assistants in PI were telling people that they do NOT insure new Tesla’s. This was debated and shot down on many many posts, do a search and all will be revealed. May have bled onto the pending deliveries thread. I think at the end of the day PI are very competitive and it was proved that the “rumous” were largely unfounded. In all things it’s buyer beware.

 

[Tenatious]

the issue, which was “debated” on here was whether PI would honour any claims and that some sales assistants in PI were telling people that they do NOT insure new Tesla’s. This was debated and shot down on many many posts, do a search and all will be revealed. May have bled onto the pending deliveries thread. I think at the end of the day PI are very competitive and it was proved that the “rumous” were largely unfounded. In all things it’s buyer beware.

Had my documents through about an hour ago and all looks good. Insurance is signed by U K Insurance so definitely reputable.

 

[Tenatious]

How were you able to get insured with them, did your reg number work online - or did you have to call up?

Had to ring them. Put the quote in online and then phoned them to add the reg.

 

[Katic1972]

I will definitely go to PI when I get my reg number through (collect 4/12) and have zero concerns about them. The thread got mental in the end and came across as being a bit scaremongery (despite initially being meant with good intentions). Read it for yourselves but there are loads of teslas going to PI because they are (at least for the time being) massively competitive.

 

[LeSloth]

We just went to our current car insurance provider and they gave us a quote of how much it is to continue the car insurance with them (since we are changing cars). Was easy as putting the reg number on the website and paying the funds.

 

[Forty_Two]

Is it the case that it costs more to insure EV's (this EV) than ICE cars?

I am currently with LV and last May I paid £770 for a Porsche Macan S AND a Mercedes SLC. I have just (out of curiosity) run the M3 LR through Compare the Market and LV came up as £760 just for the M3. Odd !!

 

[realityagain]

Had to ring them. Put the quote in online and then phoned them to add the reg.

Weird, I tried and they wouldn't do it until it's 7 days before the delivery date.
Oh well, I can hold on another week to do it xD

 

[Irata]

Is it the case that it costs more to insure EV's (this EV) than ICE cars?

I am currently with LV and last May I paid £770 for a Porsche Macan S AND a Mercedes SLC. I have just (out of curiosity) run the M3 LR through Compare the Market and LV came up as £760 just for the M3. Odd !!

Maybe there are other factors.

My M3 LR came in much cheaper to insure than my previous ICE car, despite widely apart insurance groups.

Yep, the insurance industry is odd.

 

[Fleabag]

My quotes are at least £1000, 10 years driving. 7 going on 8 years no claims.

The insurance business is an absolute crock.

 

[Forty_Two]

Is it the case that it costs more to insure EV's (this EV) than ICE cars?

I am currently with LV and last May I paid £770 for a Porsche Macan S AND a Mercedes SLC. I have just (out of curiosity) run the M3 LR through Compare the Market and LV came up as £760 just for the M3. Odd !!

I wonder if the reason is 'keyless' entry . . . . . I am on a local community forum website and EVERY day there's a reports of theft of a 'keyless' car and they all say that they had the key in foil or in the microwave or some special fob. I'll bet money that the reason this Tesla is more expensive than a Porsche Macan S is because of the keyless entry. (They are also going door to door taking off the 'ring' door bells).