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Insurance UK
- Thread starter hagrid_LDN
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- Ireland United Kingdom
Phoned the AA today. Sadly they don't provide cover for the 3. Looks like it will be Direct Line.
And be sure to check LV, who were by far the cheapest for me.
I used to be with LV, but their assessment page seemed to provide odd/ambiguous definitions (added ~£300 to the quote if I interpreted it one way, and I really don't want to adopt the wrong interpretation on a quote.). I'll maybe just try calling them.
I just compared my meerkats (because that’s a totally normal thing to do at this time of the morning) and Hastings Direct came up cheapest. I’m already with them for two cars so maybe adding on to the existing multi-car policy will be beneficial.
However, I’m intending to sell both of those cars before the policy renews and the Model 3 would be the only car insured at that point. Anyone done this? Do I need to tell them before hand or just play dumb and hope it works out? Would I be better off just having a separate policy for the Tesla? Never broke down a multi-car policy before.
However, I’m intending to sell both of those cars before the policy renews and the Model 3 would be the only car insured at that point. Anyone done this? Do I need to tell them before hand or just play dumb and hope it works out? Would I be better off just having a separate policy for the Tesla? Never broke down a multi-car policy before.
Pablosammy
Member
I'm having my insurance as part of my lease deal, but thought I'd run a quote to aid the man maths justification. LVE, £656 for me and my OH on an M3P with 10k miles, living in low-crime Suffolk. They were by far the cheapest too! Didn't really know what to expect, but it was still on the high side of my guesstimate.
Best GAP deal I could find last year was with www.totallossgap.co.uk
It cost me £202 for three years combined return to invoice and vehicle replacement.
Just checked and they dont cover cars over 50k. Scuppers me for the M3P
My renewal has just come from Direct Line. Its gone from £800 to £1100. I will be seeking other quotes before renewal
Great information in this thread. I pick up my M3LR in about a week so have been shopping for insurance. I'm moving from a company car to purchasing the Tesla privately(due to switching jobs) so have been working through which insurers will give me credit for having no claims on my company car... so far Admiral has been the cheapest by doing a multicar deal at about £1100 for both cars - which is the same price I've been quoted for just the Tesla so it's about a good as I think I'm going to get.
I know also some insurers will accept company car history but I haven't gone down that route yet as I'm still getting a letter from my employers insurance company to confirm my driving history.
But I was curious to see how much the '0 years NCD' was impacting the price and so I added '5 years NCD' to see the difference and the quote went UP by £200 to over £1300; set the NCD back to 0 and it went down again. Can't understand the logic.
I know also some insurers will accept company car history but I haven't gone down that route yet as I'm still getting a letter from my employers insurance company to confirm my driving history.
But I was curious to see how much the '0 years NCD' was impacting the price and so I added '5 years NCD' to see the difference and the quote went UP by £200 to over £1300; set the NCD back to 0 and it went down again. Can't understand the logic.
Rooster6655
Active Member
Great information in this thread. I pick up my M3LR in about a week so have been shopping for insurance. I'm moving from a company car to purchasing the Tesla privately(due to switching jobs) so have been working through which insurers will give me credit for having no claims on my company car... so far Admiral has been the cheapest by doing a multicar deal at about £1100 for both cars - which is the same price I've been quoted for just the Tesla so it's about a good as I think I'm going to get.
I know also some insurers will accept company car history but I haven't gone down that route yet as I'm still getting a letter from my employers insurance company to confirm my driving history.
But I was curious to see how much the '0 years NCD' was impacting the price and so I added '5 years NCD' to see the difference and the quote went UP by £200 to over £1300; set the NCD back to 0 and it went down again. Can't understand the logic.
They mess with quotes if you try to play the game with them, I have 14 NCB and still it’s close to £1k
I’ve being doing various quotes since early February in anticipation of collecting my M3P, they have varied hugely in price and I have found that if you go into a saved quote to amend dates then the policy increases.
Prices also vary massively between the 3 main comparison sites even though they quote for the same companies. I found CompareTheMarket to be £200 cheaper than Confused.com and GoCompare for the same cover.
In the end, Elephant Multicar was the cheapest at £1079 for both the M3P and an Audi S5. Which is a great price as the cheapest quote I got for the M3 was £992 with Admiral. Elephant also recognise the Tesla GPS as a tracker.
Prices also vary massively between the 3 main comparison sites even though they quote for the same companies. I found CompareTheMarket to be £200 cheaper than Confused.com and GoCompare for the same cover.
In the end, Elephant Multicar was the cheapest at £1079 for both the M3P and an Audi S5. Which is a great price as the cheapest quote I got for the M3 was £992 with Admiral. Elephant also recognise the Tesla GPS as a tracker.
