[perfectlyfrank]

Unless you are the same age as me, have the same driving record as me, live in the same zip code as me, etc. what does it matter what I am paying for insurance?

How much is your homeowners insurance? I live in SW Florida. We have hurrianes. My homeowners insurance is high. I need to have flood insurance. Someone in Kansas doesn't. Same relevance as asking what somone's car insurance rates are.

[MPR]

I'm in NJ and insured by NJM and paying $1,350 per year with liability @ $500K, $500 comp ded, $1,000 coll ded, and full glass coverage (glass covered with no deductible).

[cannockwolf]

Just had a shocker today after trying to get the new car on my insurance for next Tuesday.

They quoted me £10k (this is with the mods listed)

Turns out without a tracker installed its going to be mental prices.

With a tracker its the same price as my existing car.

My insurance are selling me an approved tracker for £99 per year that i install myself and dont pay for the box. Phew!

[Pentland]

Originally Posted by cannockwolf

Just had a shocker today after trying to get the new car on my insurance for next Tuesday.

They quoted me £10k (this is with the mods listed)

Turns out without a tracker installed its going to be mental prices.

With a tracker its the same price as my existing car.

My insurance are selling me an approved tracker for £99 per year that i install myself and dont pay for the box. Phew!

Haha. The list of mods would automatically put the premium sky high for a “tick the boxes” insurer.
Initially when I got my car, because they were so rare, the insurance companies had no basis of risk on them so wouldn’t quote.
That situation seems to have moved on tho.

Guess we can thank the environmental bunch (EVs) for upping the claims costs resulting in higher premiums .

[cannockwolf]

Originally Posted by Pentland

Haha. The list of mods would automatically put the premium sky high for a “tick the boxes” insurer.
Initially when I got my car, because they were so rare, the insurance companies had no basis of risk on them so wouldn’t quote.
That situation seems to have moved on tho.

Guess we can thank the environmental bunch (EVs) for upping the claims costs resulting in higher premiums .

That quote was with adrian flux who insure my highly modified E46

TBF without any mods i could get £570 from the “tick the boxes” insurance companies (which is still higher than adrian flux with a tracker)

[Pentland]

Originally Posted by cannockwolf

That quote was with adrian flux who insure my highly modified E46

TBF without any mods i could get £570 from the “tick the boxes” insurance companies (which is still higher than adrian flux with a tracker)

That’s surprising from Flux. For reference I was under £400 but there are so many factors it’s an irrelevant reference

[XC3LLR8]

After seeing this thread I checked my rates and just assumed USAA was giving me the best rate. I got a quote from Progressive and it was cut in half. Bye bye USAA

[XC3LLR8]

Originally Posted by cannockwolf

Just had a shocker today after trying to get the new car on my insurance for next Tuesday.

They quoted me £10k (this is with the mods listed)

Turns out without a tracker installed its going to be mental prices.

With a tracker its the same price as my existing car.

My insurance are selling me an approved tracker for £99 per year that i install myself and dont pay for the box. Phew!

What does the tracker track - I assume your driving speeds?

I can't imagine what my rates would be if they tracked me in and around the mountains/canyons of New Mexico and Arizona a couple weeks ago!

[cannockwolf]

Originally Posted by XC3LLR8

What does the tracker track - I assume your driving speeds?

I can't imagine what my rates would be if they tracked me in and around the mountains/canyons of New Mexico and Arizona a couple weeks ago!

no it tracks its position for help with theft

[dy444]

Originally Posted by cannockwolf

Just had a shocker today after trying to get the new car on my insurance for next Tuesday.

They quoted me £10k (this is with the mods listed)

Turns out without a tracker installed its going to be mental prices.

With a tracker its the same price as my existing car.

My insurance are selling me an approved tracker for £99 per year that i install myself and dont pay for the box. Phew!

I've been doing quotes today too. Got quoted £2500 by Direct Line and LV (WTAF - I paid £650 last year for my F82 M4). Aviva quoted me £750 online for the 240 so that's probably where I'm going to go if I can get them to actually answer the phone. Still going to phone around a few more though. Leafy London suburbia with premiums to match before anyone asks.

[cannockwolf]

Originally Posted by dy444

I've been doing quotes today too. Got quoted £2500 by Direct Line and LV (WTAF - I paid £650 last year for my F82 M4). Aviva quoted me £750 for the 240 so that's where I'm going to go if I can get them to actually answer the phone.

Is it the tracker thing for you too?

[dy444]

Originally Posted by cannockwolf

Is it the tracker thing for you too?

No that's as it comes out of the factory.

[cannockwolf]

No I meant is it because you haven't got a tracker, that's what I came up against, without it the process were crazy.

Adrian flux do a tracker for £95 / year with no cost for the box (that's really good price) and my insurance including that came to about £550

[dy444]

Originally Posted by cannockwolf

No I meant is it because you haven't got a tracker, that's what I came up against, without it the process were crazy.

Adrian flux do a tracker for £95 / year with no cost for the box (that's really good price) and my insurance including that came to about £550

TBH I didn't even think of a tracker and the Aviva premium is about what I thought it would be given I'm in London. Having seen your post it strikes me that the direct line and LV quotes are because there was no tracker.

I was going to give Adrian Flux a call tomorrow although I wouldn't have the first idea how to fit a tracker so that may prove a bridge too far.

[cannockwolf]

Originally Posted by dy444

I was going to give Adrian Flux a call tomorrow although I wouldn't have the first idea how to fit a tracker so that may prove a bridge too far.

Its supposed to be designed for an idiot to install lol I will get it in the post soon I'll post up the details and install instructions

[dy444]

Originally Posted by cannockwolf

Its supposed to be designed for an idiot to install lol I will get it in the post soon I'll post up the details and install instructions

Well I definitely qualify as an idiot.

That would be excellent if you could do that. Thanks.

[maggies_dad]

Originally Posted by XC3LLR8

After seeing this thread I checked my rates and just assumed USAA was giving me the best rate. I got a quote from Progressive and it was cut in half. Bye bye USAA

interesting, have USAA for all our cars, property as well, maybe I need to shop around...

[Bimmer Pleaser]

Originally Posted by cannockwolf

Just had a shocker today after trying to get the new car on my insurance for next Tuesday.

They quoted me £10k (this is with the mods listed)

Turns out without a tracker installed its going to be mental prices.

With a tracker its the same price as my existing car.

My insurance are selling me an approved tracker for £99 per year that i install myself and dont pay for the box. Phew!

Does tracker monitor your acceleration and other driving habits? Might as well trade your M240i for a van.

[dy444]

Originally Posted by Bimmer Pleaser

Does tracker monitor your acceleration and other driving habits? Might as well trade your M240i for a van.

No, the devices being discussed here just report the vehicle location. In the UK devices that monitor your actual driving tend to be called "black boxes". A tracker is about mitigating theft risk and a black box is about mitigating crash risk. Some insurance companies here offer discounts to (usually young) drivers who opt to have a black box fitted.

[cannockwolf]

Originally Posted by dy444

No, the devices being discussed here just report the vehicle location. In the UK devices that monitor your actual driving tend to be called "black boxes". A tracker is about mitigating theft risk and a black box is about mitigating crash risk. Some insurance companies here offer discounts to (usually young) drivers who opt to have a black box fitted.

What he said

No way of have a black box fitted 🤣

[pbw]

Was suprised how much harder to insure in the U.K. this year compared with last year. 50+ year old driver (makes me feel old) with 25+ years no claims bonus blah blah etc. last year was £250 this year £400 (admiral) typical was £500 and most would only insure if had a tracker fitted. Changing times.

[Pentland]

Originally Posted by cannockwolf

What he said

No way of have a black box fitted 🤣

Technically you already have a black box fitted although the info can’t be tied to a driver. All vehicle operational parameters are recorded and sent to BMW.