London Insurance

General E30 related discussions -
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rh306
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Location: London

Thu Feb 11, 2010 1:26 pm

Is anyone getting a good price for insurance in London? I'm 34 have only held a license for a year and the car is garaged and used very little.. The quotes coming up are more like what you'd expect for a Bizzarrini Strada or some monster engined yank muscle car rather than a poverty spec 318i Auto :x
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toby
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Thu Feb 11, 2010 2:02 pm

Tried a classic car quote? There's a thread about it as a sticky. You're old enough but not sure if you need a few years experience.
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Colinofirth
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Thu Feb 11, 2010 2:19 pm

keep shopping around! Try a broker too.

If you can afford it, go for a massive excess (like £1000).

Rear wheel drive = expensive insurance
daimlerman
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Thu Feb 11, 2010 2:25 pm

Age is a plus,location and experience is a minus.
Classic insurance usually requires use of another vehicle,ie,the 'classic' is a second car.
Youth is wasted on the young.
rh306
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Thu Feb 11, 2010 2:56 pm

..I started working down the list of insurers in the sticky thread, will keep at it! Is it worth doing advanced driver training?/ fitting an alarm? Car came with an alarm but the remote was missing/ it could be dead..

Will definitely stack up the excess, it worked out cheaper on one quote to go fully comp with a £450 excess than to have third party insurance :D

I don't really need one car let alone two living in London, all the insurers seem to stack up the premium if you only have one vehicle though :cry:
clarko74
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Thu Feb 11, 2010 3:40 pm

There are quite a few companies that will give 10% off your premium if you are a member of a car club, if your premium is going to be high £40 to join the bmwcc could save you a lot more.

Would be interested to know if the E30Zone could be classed as a car club in the same way?
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rh306
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Thu Feb 11, 2010 3:53 pm

clarko74 wrote:There are quite a few companies that will give 10% off your premium if you are a member of a car club, if your premium is going to be high £40 to join the bmwcc could save you a lot more.

Would be interested to know if the E30Zone could be classed as a car club in the same way?
I said I was on a forum and that seemed to be good enough for them to tick the box.. Was toying with the idea of joining the german 3er club..

http://www.3er-club.de/index.html
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toby
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Thu Feb 11, 2010 3:59 pm

Not every classic policy demands a second car.
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Martinaston
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Thu Feb 11, 2010 5:19 pm

The classic car policy is ok if you don't have any no cliams bonus because they don't use it.
But saying that they gave a quote last year that worked out a bit higher than the year before (surprise surprise). So i asked if he could better it, and he did. He quoted me £220 fully comp for inner london and not using my NCB 8O
Still turned him down though, wish i hadn't because all the prices have now gone up again.
There is NO nucleus.
dazleeds
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Thu Feb 11, 2010 5:20 pm

best option, Move out :wink:
www.oldskoolfantasy.co.uk
in the shit,the one to blame,yeh its all my fault ;)
TopSod
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Thu Feb 11, 2010 11:10 pm

I've just gone down the classic insurance route for the first time, wish I had years ago now. 30 years old, zero no claims, 325i se and it came back at £217 fully comp. Although I'm not in London, but it's still a fantastic quote. Sure term I think they're called.
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