Car Insurance Hike
Printed From: BMW Car Club Forum
Category: Car Insurance
Forum Name: General Insurance
Forum Description: General Insurance discussion
URL: https://www.bmwccgbforum.co.uk/forum_posts.asp?TID=6874
Printed Date: 27 Mar 2026 at 12:14am
Software Version: Web Wiz Forums 12.03 - http://www.webwizforums.com
Topic: Car Insurance Hike
Posted By: Adrian Scott
Subject: Car Insurance Hike
Date Posted: 25 Apr 2011 at 6:13pm
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Hello, Paid £320 for my E36 bmw last year: no change in my details but the quote has doubled: cheapest online quote is £550? Why? Does anyone have this experience? Thanks. |
Replies:
Posted By: Cabrio
Date Posted: 25 Apr 2011 at 8:25pm
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can be various reasons I guess - postcode- vehicle risk - eg softop, power of car
Also be interested to see the impact of recent EU ruling on sex discrimination - guess all insurance may go up to allow for young boys insurance and people with no insurance poss increasing as cant afford ------------- E30 Register joint coordinator - Competition Secretary - Contact name Neil for PM and Email - cabrio_e30@yahoo.co.uk - be aware addicted to E numbers |
Posted By: gerald
Date Posted: 26 Apr 2011 at 7:23am
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i was exactly the same mine went from 670 to 1400 nothin different so i rang CLASSIC LINE £296 all inc thanks very much i would try them ------------- gerald 323i e36 coupe |
Posted By: dteagles
Date Posted: 26 Apr 2011 at 9:01am
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I was told that car ins has gone up 40% in the last year for most circumstances, first time drivers under 24 are paying on average 58% more than a year ago! -------------  Think about what you can do for the club, not what it can do for you... |
Posted By: gerald
Date Posted: 26 Apr 2011 at 2:22pm
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also a reason for high increase is false claims and weather floods in past they have to make there money somewhere so increase our premiums ------------- gerald 323i e36 coupe |
Posted By: wjames
Date Posted: 26 Apr 2011 at 8:32pm
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Think u r right. Insurance seems such a racket. I was disappointed recently to 'trawl' all of the Straight Six advertisers to find they quoted between £100 to £300 more than I could find elsewhere - and these ara supposed to be specialists with car club discount! Shop around and shop around again. Eventually kept mine below £300 fro new small soft-top. ------------- WAWJ Shropshire |
Posted By: davebrindlee36m3
Date Posted: 09 May 2011 at 4:25pm
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i.v just renewed my policy with classic line. . ad in club mag. no increase from last year. i got a quote off peter best also in club mag and they were 200 pound dearer. |
Posted By: wood
Date Posted: 09 May 2011 at 7:34pm
| as above, try classic line, i.a.m. couldnt match their quote for my m3. although on the other hand you only find out how good an insurance company is once you make a claim.. |
Posted By: shorty
Date Posted: 14 Jul 2013 at 11:11pm
"Heritage" were ,to be honest a joke .....wanted over £1500 for me to insure my M3 & im not 17yrs old mind...im 52yrs old for god sake & no points 0r convictions !!!
 As for the other insurance advertiser "Footman James" lets just say we won't go there as you would not beleve me if i told you there quote & all the of the above with "B.M.W.C.C Discount"
 no wonder i almost fell off my chair with laughter!!As quoted above "Classicline " for me next time as did one of there online quotes as a little experiment  -------------  |
wjames wrote:Posted By: alexj
Date Posted: 15 Jul 2013 at 5:29pm
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In 2011 mine doubled overnight, not due to my claims due to other peoples fraudulent claims
Classic line were good on a second car but not on its own
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Posted By: Norrie
Date Posted: 15 Jul 2013 at 6:19pm
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Try speaking to Clare Ironside at A plan Thatcham, she does special quotes for BMWCC members. Mine went down 300 pounds switching via them and also saved 95 pounds on home insurance. They will find a policy for you and its a personal service, not a call centre person. Indeed Aviva don't even have my car listed for example. ------------- n |
Posted By: Norrie
Date Posted: 15 Jul 2013 at 6:21pm
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oh and mine is V8 4.4 litre and supercharged 500 BHP, I got a great deal. ------------- n |
Posted By: alexj
Date Posted: 16 Jul 2013 at 12:35am
| its often the older guys who drive the more sporty cars, due to the insurance |
Posted By: davebrindlee36m3
Date Posted: 16 Jul 2013 at 9:29pm
| I.v been with Classic line for a few years now, best price by far. |
Posted By: Norrie
Date Posted: 29 Jul 2013 at 11:24am
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alex J, yes I am the older guy, so guess it is all down to age. However, we all have the same desire, ------------- n |
Posted By: alexj
Date Posted: 29 Jul 2013 at 5:02pm
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Im not sure I want to know about your desire Norrie :-) Cheaper insurance is mine !
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Posted By: ian barford
Date Posted: 29 Jul 2013 at 5:56pm
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Adrian flux has come up trumps for the last 2 years for my e46 m3. 5000 miles limit all for £446 they where the last on my list, I only tried them for a laugh. seemed daft not to go with them, classicline was only a couple of quid dearer but are always worth a call ------------- Come and join the Trackday Register |
Posted By: alexj
Date Posted: 29 Jul 2013 at 5:58pm
Hi Ian, is that as a second car ?
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Posted By: Norrie
Date Posted: 29 Jul 2013 at 6:33pm
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My desire is to own the best car I can with the lowest insurance which is why I got the best deal from A Plan Thatcham and deal on a one to one basis with Clare Ironside. She matches your personal circumstances with the Insurers to get the best price. The cover any BMW anywhere in UK. It worked well for me. No limit on mileage, full European cover, fully comp, low excess, loan car guaranteed and was 400 cheaper than any other quote. may not work for everyone, but I am happy. ------------- n |
Posted By: alexj
Date Posted: 29 Jul 2013 at 6:51pm
| Sounds like they are offering a great service Norman |
Posted By: Norrie
Date Posted: 29 Jul 2013 at 6:58pm
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They are an they support the car club, they had 4 people at Silverstone helping with the Car Marshaling. You don't get help like that from Aviva or the other people. I just say to people get them a ring, if it is good great, but if you don't ask you will never know. Just one example, I was with Direct Line, first they told me they did not recognised an Alpina B7, then they said it was a 750i. When we got over that they said I needed a tracker fitted, it already had one but they did not know that. Then they asked me to prove it, send docs they lost them, then they wanted 899 pounds for same insurance with higher excess than I got from Groupama Insurance via "A Plan". Clare said to me " If you say you have a tracker that's all the proof I need" Therefore you can stick those companies with a call centre, press this, press that, no expertise and the "computer says no" There may well be equal or better brokers, I have not tried them all. ------------- n |
Posted By: dteagles
Date Posted: 29 Jul 2013 at 7:15pm
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I found Classicline hard to beat for the last two years (Claire has tried!), on my last renewal the underwriters removed the need to restrict the mileage AND the cost came down. I have 3 cars insured with them on a multicar policy (all "classics" - Z4MC, E30 M3, Domino Pimlico). ------------- Think about what you can do for the club, not what it can do for you... |
Posted By: Norrie
Date Posted: 29 Jul 2013 at 7:29pm
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Darren, please do not misunderstand me, I am not saying it is a guarantee. It depends on personal circumstances as you quite correctly indicate. However, you tried and therefore know that unfortunately she could help on this occasion. My son used to work for Gallagher formerly Heath Lambert Insurance brokers, who are a massive global organisation. There are many factors that can lower your premiums including occupation, Doctor, Solicitor, Dentist, Police Officer, Pilot, Director for example can reduce a premium. Self employed, driver, courier, publican, builders, factory or shop worker, IT or Computer work can raise it. So I understand, so for example IT Manager might be changed to Business team manager and price might reduce. ------------- n |
Posted By: dteagles
Date Posted: 29 Jul 2013 at 7:33pm
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Norman, absolutely, it can seem quite strange sometimes when talking to people about what they pay for their insurance as what sound (on the surface) like similar risks can vary massively, however, there is usually a detail or two that to us "civilians" seem innocuous make a big difference to insurers...like postcodes and occupation for example! ------------- Think about what you can do for the club, not what it can do for you... |
Posted By: Norrie
Date Posted: 29 Jul 2013 at 7:48pm
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I know, mine dropped when I said Managing Director as opposed to self employed (even though I own the business). The rationale for this was "self employed" includes plumbers, builders, road workers, carpenters etc. This is a risk as no guarantee of income, where as MD seems to be well paid. This could of course not be correct as anyone can register a company and call themselves MD. Its about perception of character is it not by the insurer. ------------- n |
Posted By: ian barford
Date Posted: 29 Jul 2013 at 9:25pm
hi alex, yes its a 2nd/3rd car had just over 3 years, done around 12000 miles in it and thrashed it at every opportunity  earlier this year when renewing the policy with flux, I asked them for a quote on my more recent project (car 4  ) a e46 325ti. being a totally standard car, me with a full compliment of NCB and just covered a 343bhp m3 with them......they wanted over £500  apparently, it was because I was a unknown quantity with that particular car and deemed as more of a risk  i'm sure they make it up as they go along sometimes  ------------- Come and join the Trackday Register |
Posted By: CIronside
Date Posted: 30 Jul 2013 at 9:54am
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Morning, Have you tried us at A-Plan ... I can have a look for you. Give me a call on 01635 874646. Thanks Clare ------------- Clare Ironside A-Plan Insurance Thatcham 01635 874646 For a quotation http://www.aplan.co.uk/motoring/specialist-vehicle-insurance/865" rel="nofollow - Click Here |
Posted By: thepits
Date Posted: 30 Jul 2013 at 11:21am
I get my insurance via M&S Bank. I have recently swapped motors and when I rang then to change the cost on the existing policy went from £400pa to £1100pa!  But then they did a search for another policy and found one with the same insurer which was almost identical [slight increase in excess] and was only £350pa!!!  So I've gone from a 19 year old 2 door coupe to a 9 year old soft-top sports car and it's cheaper - how does that work? ------------- Cats know your every thought. But don't care. |
Posted By: alexj
Date Posted: 30 Jul 2013 at 11:29am
Its a lottery...the industry needs investigating by the fraud squad/office of fair trading...I swear they just make up the prices as they go along. Have Panorama done a programme on the insurance industry recently ?
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Posted By: Norrie
Date Posted: 30 Jul 2013 at 11:36am
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I can give an insight into how some of it works. Basically each insurer will have a fund pot. This is a moving amount of money that they are holding, increased by new subscriptions, decreased by claims. When you call an Insurer with a call centre, the person who answers the call has this ever changing information on their screen. Therefore you can call on a Monday at get one price and the next day and get another. When we have ice, snow more claims are made and this alters the cash flow, the computer automatically recalculates so the Insurer suffers no loss, and further add risk compensation price to protect its self. It is possible to avoid this, by a getting a guaranteed value for you car, can be done by BMWCCGB in some cases and also a broker who will quote on that fixed price. In my case I used "A" Plan and Clare gave me a good deal. You can imagine how quickly the rates change for big insurers with 35 million cars on the road in UK. ------------- n |
Posted By: alexj
Date Posted: 30 Jul 2013 at 11:51am
So the pool was really being depleted when the fraudulent claims for whiplash and over inflated car repairs were going in by the thousands, and I paid for the shortfall when my premium doubled on renewal. There was a roundabout in Cheadle near me where millions of pounds was claimed for by a criminal gang who had their own claims company, they were stopping suddenly and people were running into them, often no damage until they made some later and then claimed for whiplash and loss if earnings etc etc The thing is my premium hasn't really gone down, Ive not claimed, not moved, same job, similar car and have more no claims bonus but the problem has been sorted out ! The industry makes me sick...this is something MPs should be sorting...I wrote to mine he was sympathetic but its taken ages to sort and the premiums are still high. I wonder if the mps are bent too ! Oh dont be silly you say...of course they are ! |
Posted By: Norrie
Date Posted: 30 Jul 2013 at 11:57am
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Alex J, I think you mean it is "alleged" don't you, otherwise those comments could be libellous and that is what I mean about potential litigation. Therefore it is read that is what you meant for your protection. In answer to you question, it certainly needs investigating but in truth is such a massive industry it is a political hot potato. ------------- n |
Posted By: alexj
Date Posted: 30 Jul 2013 at 12:04pm
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I wonder if the mps are bent too = alleged, I didnt say they are bent, I said I wonder if they are, even though many have been done for fiddling their expenses. Yes massive industry with a lot of power and money = too difficult to mess with, and as MP's are not affected as much as me I doubt they really care that much, allegedly allegedly alledgedly
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Posted By: E46Man
Date Posted: 08 Sep 2013 at 3:01pm
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I have just renewed insurance on both my cars (E46 325Ci M Sport) and Cayenne. In both cases I stayed with the same company (you need to be sure you go with one that will provide a service should you need it), but went on 3 compare sites first to ensure the renewal quotes were OK. With the E46 they were - Renewal £178, with the Cayenne my provider agreed to match (actually beat by £1.00) the best quote so I saved £100 on renewal with same firm.
Cheers ------------- E46Man |
Posted By: MNolan
Date Posted: 08 Sep 2013 at 6:36pm
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I have a fleet insurance through Heritage it only costs me £1069.00 for 4 vehicles. Z4 2.2, 840ci V8, smart cabrio and a brand new skoda yeti. I think thats a really good deal since we can only drive 2 at one time.
------------- Marie 
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Posted By: dteagles
Date Posted: 08 Sep 2013 at 7:16pm
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What are the restrictions on holding a fleet policy, do you have to have a company or can individuals take one out, or do you mean a multi-car policy? ------------- Think about what you can do for the club, not what it can do for you... |
Posted By: Norrie
Date Posted: 09 Sep 2013 at 7:30am
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I knew someone you owned a Limited Company and took and Insurance which covered any employee, not any driver. They had a son and a daughter aged 17 & 18 and it allowed them to drive any company (not personal) vehicle fully comp and it was not that expensive. He made them employees. When my son Tom was 17 he could drive my Company car as it was for "any driver with the policyholders permission". Even now he is 26 he still pays silly money for his Audi insurance. ------------- n |
Posted By: dteagles
Date Posted: 09 Sep 2013 at 8:31am
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Thanks Norman. ------------- Think about what you can do for the club, not what it can do for you... |