The M3cutters - UK BMW M3 Group Forum
 

Go Back   The M3cutters - UK BMW M3 Group Forum > M3cutters Garage > Insurance



Reply
 
Thread Tools Display Modes
Old 5th January 2018, 09:43 PM   #1
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default No specialists will quote me

I bought my e46 m3 at the end of September, since then it has been garaged due to winter and not wanting to lose out on an additional NCB and current insure wouldn't change vehicle over.
The cars got minor mods in my eyes, uprated brakes, suspension refresh with a less than 5cm drop on the springs it's on and the Geoff steel airbox.
I'm 23 will have 4 years(touch wood) ncb and have had my licence for 6 years. I've now tried multiple specialist but none will even quote me? For my age I've had reasonably competitive results from comparison sites around the 2k mark but just wondering why the specialists can't give me any quotes and is there any way to get it lower. Would you put the car back to standard?

Cheers

Ali
zulfario94 is offline   Reply With Quote
Sponsored links
Old 6th January 2018, 01:13 AM   #2
Jaaydee
Achieved official socks
 
Jaaydee's Avatar
 
Join Date: Nov 2014
Location: Leicestershire
Posts: 3,412
Car: 2004 BMW M3 Manual
Colour Combo: Titty Silver & Black
Default

The specialists bumped me from £350year to £2k on renewal. Ended up with a rugular company for the £350 by forgetting the specialists.

For some reason they don't want to know like they did back in the day, I say **** em, their loss
Jaaydee is offline   Reply With Quote
Old 18th January 2018, 06:01 AM   #3
Jayjay8900
A mere Chipper
 
Jayjay8900's Avatar
 
Join Date: Nov 2016
Location: Hull
Posts: 31
Car: 2009 m3
Colour Combo: White / red
Default

I used to insure my gtr with Keith Michaels ( group 20), it was never more than 500£, i did have 8yrs ncb, ask for Patrick, he's the man,good luck.
Jayjay8900 is offline   Reply With Quote
Old 18th January 2018, 07:08 AM   #4
Adamantium
Achieved official socks
 
Adamantium's Avatar
 
Join Date: Jul 2012
Posts: 1,267
Car: Audi Q5 3.0TDi, Audi A5 3.0TDi Cab, BMW E46 M3 Carbon Black & Cinnamon
Default

Have you tried CCI?
Adamantium is offline   Reply With Quote
Old 18th January 2018, 07:44 PM   #5
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Already tried kieth Michael's and they won't insure me with the mods on it. But thanks for the reply.

Quote:
Originally Posted by Jayjay8900 View Post
I used to insure my gtr with Keith Michaels ( group 20), it was never more than 500£, i did have 8yrs ncb, ask for Patrick, he's the man,good luck.
zulfario94 is offline   Reply With Quote
Old 18th January 2018, 07:46 PM   #6
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Not tried CCI will have a google now. Insurance isn't due till April but I like to get a ballpark figure in mind. I know it's going to be expensive being 23 with a modified m3 but 2k+ is expensive when 300+bhp isn't even fast anymore when there's golf capable of this power etc.
Are CCI reputable, are you insured with them.

Quote:
Originally Posted by Adamantium View Post
Have you tried CCI?
zulfario94 is offline   Reply With Quote
Old 18th January 2018, 07:56 PM   #7
WMN
Wearing official underwear
 
WMN's Avatar
 
Join Date: Jul 2014
Location: London
Posts: 232
Car: 2003 M3
Colour Combo: blue and grey
Default

Give sky insurance a call. Been OK for the past few years
WMN is offline   Reply With Quote
Old 18th January 2018, 08:35 PM   #8
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Won't quote me buddy and the advisor I spoke to last time wasn't any help and a bit rude if I'm honest.

Quote:
Originally Posted by WMN View Post
Give sky insurance a call. Been OK for the past few years
zulfario94 is offline   Reply With Quote
Old 18th January 2018, 08:36 PM   #9
E46CoupeM3
Achieved official socks
 
E46CoupeM3's Avatar
 
Join Date: Oct 2012
Location: England
Posts: 14,256
Car: 2001 BMW M3
Colour Combo: Carbon Black
Default

Just try admiral or someone you will be surprised
E46CoupeM3 is offline   Reply With Quote
Old 18th January 2018, 08:45 PM   #10
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

I will try them, just everyone usually recommends specialists as they are meant to be better than normal insurers. Yet it seems I'm getting judged on age and car before even being considered for a quote. Thanks anyway will see how I get on.
Quote:
Originally Posted by E46CoupeM3 View Post
Just try admiral or someone you will be surprised
zulfario94 is offline   Reply With Quote
Old 18th January 2018, 08:47 PM   #11
E46CoupeM3
Achieved official socks
 
E46CoupeM3's Avatar
 
Join Date: Oct 2012
Location: England
Posts: 14,256
Car: 2001 BMW M3
Colour Combo: Carbon Black
Default

Get a quote online, save it, then ring up and say "but I have these mods" and see what happens
E46CoupeM3 is offline   Reply With Quote
Old 18th January 2018, 09:14 PM   #12
M33SWJ
Achieved official socks
 
M33SWJ's Avatar
 
Join Date: Apr 2014
Location: Hampshire
Posts: 3,533
Car: 2004 M3 vert & 2012 M3 Comp Pack
Colour Combo: Mystic Blue/Black & Silverstone II/Black
Default

ClassicLine all mods declared and agreed value, however I am a fair bit older tan you! Never less worth a try.
M33SWJ is online now   Reply With Quote
Old 18th January 2018, 09:41 PM   #13
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Again would not quote the car for some reason may try again as this was last year around December if that had anything to do with it. Hoping it comes down as 2k+ is a bit steep but I'm beginning to come to terms with it now.

Quote:
Originally Posted by M33SWJ View Post
ClassicLine all mods declared and agreed value, however I am a fair bit older tan you! Never less worth a try.
zulfario94 is offline   Reply With Quote
Old 6th February 2018, 08:58 PM   #14
M3UJX
A mere Chipper
 
M3UJX's Avatar
 
Join Date: Jan 2018
Location: London
Posts: 43
Car: BMW M3 Monte Carlo Ed.
Colour Combo: Monte Carlo
Default

Specialists for your age (you mention 23 above) would be a waste of time from my experience when I was that age. Try Admiral, Directline and Aviva. Directline and Aviva are not on comparison sites so you need to go to their website and get a quote.

Last edited by M3UJX; 6th February 2018 at 09:03 PM.
M3UJX is offline   Reply With Quote
Old 7th February 2018, 10:56 AM   #15
zeemaxkid
Wearing official robes
 
zeemaxkid's Avatar
 
Join Date: Oct 2010
Location: carmarthenshire
Posts: 340
Car: m3 s54 vert
Colour Combo: Mat grey , carbon black and buckets of carbon
Default

It’s the airbox that’s doing it mate. I take it it’s probably got an alpha n remap if you have a Geoff steel airbox. They don’t like remaps so trying doing away with that.
zeemaxkid is offline   Reply With Quote
Old 8th February 2018, 07:52 AM   #16
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Quote:
Originally Posted by zeemaxkid View Post
Itís the airbox thatís doing it mate. I take it itís probably got an alpha n remap if you have a Geoff steel airbox. They donít like remaps so trying doing away with that.
Previous owner hasn't removed the original maf, so it's not had a genuine map at all as far as I'm aware just had a csl rev matching. I've declared my mods and managed to get insurance down to 1450ish, which for my age I'm pretty happy with considering before Christmas prices were up at 2500.
Earliest I can take out insurance will be March 19th I've got it all set ready to buy etc and I'll be finally on the road in April 😁.

Genuinely like a kid in a candy shop I can't wait. As for specialist they wouldn't quote me due to age and lack of experience with a performance car so I'm hoping next year will be a bit better. Once the first year is out of the way.

Thanks for all the advice from everyone yet again this forum is showing just how helpful the community actually is.

Admiral came back the cheapest price wise and would allow me to insert my modifications so that who I will be going with. 👍
zulfario94 is offline   Reply With Quote
Old 8th February 2018, 09:46 AM   #17
DJ Syxx
Achieved official socks
 
DJ Syxx's Avatar
 
Join Date: Aug 2010
Location: London
Posts: 6,750
Car: E46 M3
Colour Combo: Stahl Grau & Cinnamon
Default

Quote:
Originally Posted by zulfario94 View Post
Not tried CCI will have a google now. Insurance isn't due till April but I like to get a ballpark figure in mind. I know it's going to be expensive being 23 with a modified m3 but 2k+ is expensive when 300+bhp isn't even fast anymore when there's golf capable of this power etc.
Are CCI reputable, are you insured with them.
Its the risk factors involved. Your age is primarily the big thing because statistics don't lie drivers your age are more likely to total the car.

Depends on your postcode and if that specific model has a tendenacy to get written off.

End of the day buy an M3 at your age you have to take it on the chin and pay the premium if wanting a nice car.
DJ Syxx is online now   Reply With Quote
Old 8th February 2018, 09:56 AM   #18
zulfario94
On the path
 
zulfario94's Avatar
 
Join Date: Nov 2016
Location: Clitheroe
Posts: 76
Car: BMW M3 SMG
Colour Combo: Estoril Blue with Black Nappa Leather
Default

Quote:
Originally Posted by DJ Syxx View Post
Its the risk factors involved. Your age is primarily the big thing because statistics don't lie drivers your age are more likely to total the car.

Depends on your postcode and if that specific model has a tendenacy to get written off.

End of the day buy an M3 at your age you have to take it on the chin and pay the premium if wanting a nice car.
Yeah I definitely understand that mate just didn't think it would be that expensive but have managed to get it to what I would now consider acceptable for my age and car etc. Just hope it does drop in a about 18 months time when I look to progress onto something newer and more powerful
zulfario94 is offline   Reply With Quote
Reply

Bookmarks


Thread Tools
Display Modes



All times are GMT. The time now is 08:55 PM.


This website uses cookies. By continuing to use the site you are agreeing to our use of cookies. To find out more about the cookies this website uses, click here.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright © 2007 - 2014 M3cutters. All Rights Reserved.