UK Insurance

[Dabz]

To be fair my renewal on my last car had doubled and I know others who have found their insurance is crazy now, so it’s not just Taycan specific

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[mcr21]

FT.com: Motor insurers endure worst underwriting conditions in a decade

https://www.ft.com/content/99928b77-57ec-44ae-b0c8-c67bf42ca3d2`

 

[mcr21]

FT.com: Motor insurers endure worst underwriting conditions in a decade

https://www.ft.com/content/99928b77-57ec-44ae-b0c8-c67bf42ca3d2`

I’ve started receiving sales calls and emails from insurers I enquired with in connection with buying the Taycan a year ago.

They are clearly chasing new business pretty actively!

 

[Midlifecrisis]

FT.com: Motor insurers endure worst underwriting conditions in a decade

https://www.ft.com/content/99928b77-57ec-44ae-b0c8-c67bf42ca3d2`

It is behind a paywall

 

[soawjo]

It is behind a paywall

Do a Google search using the headline and you should just be able to click through

 

[Eugene88]

I probably have the most expensive insurance in the world. £2700 a year with black box ?

 

[Midlifecrisis]

I probably have the most expensive insurance in the world. £2700 a year with black box ?

What did you do to deserve that? Maybe it is so high because of the black box!

 

[simcity]

To be fair my renewal on my last car had doubled and I know others who have found their insurance is crazy now, so it’s not just Taycan specific

It's what Im seeing on my policies as they come up for renewal too sadly. Not a Taycan specific issue at all.

 

[Eugene88]

What did you do to deserve that? Maybe it is so high because of the black box!

Nothing… precisely nothing haha 0 no claim as never had UK insurance without black box it would be £3500 ?

 

[mcr21]

Just hade the policy renewed at around GBP 1200. Marginal (7%) bump only, so should not complain it seems.

 

[Crazymind]

To my surprise, I have asked my Insurance, Churchill, to give me a quote to move from My Jaguar I-Pace to the Taycan and the total was a refund of 56 quid! Making it 645 pounds for 12 months comprehensive. Male 42, 9 years NCD one claim March 22 non fault. 10k miles per Year, business social and commuting. agreed value as well.

 

[Deleted member 7514]

My renewal came through from Admiral - last year was £1318 and this year was £2035!!

Called and they dropped to £1584 WITHOUT the PVTS or an extra £195 if i have this... ironically the PVTS is £269 so not really much of a saving (just less hassle of having to carry the extra fob)...

What are peoples thoughts o having this ? I'm now less worried about waiting for a replacement vehicle if my car got stolen!

 

[simcity]

My renewal came through from Admiral - last year was £1318 and this year was £2035!!

Called and they dropped to £1584 WITHOUT the PVTS or an extra £195 if i have this... ironically the PVTS is £269 so not really much of a saving (just less hassle of having to carry the extra fob)...

What are peoples thoughts o having this ? I'm now less worried about waiting for a replacement vehicle if my car got stolen!

So £1389 without tracking?

 

[Deleted member 7514]

So £1389 without tracking?

sadly not it's £1584 with the tracker and £1779 without it..

so £1584+£269 = £1853 or £1779 (and no tracker needed)

 

[mandoyoda]

Last year my insurance was £1,000. I got a renewal quote of £1,900. Comparison sites quoted me £5,500. I contacted the insurance company giving them an opportunity to make a better quote otherwise I leave. Finally settled on £1,300 after reducing mileage, removing additional named drivers and some other stuff.

I’m sure inflation, parts costs, catalytic converter theft, false claims, etc have boosted premiums to nuts levels, but £5,500 for insurance is madness.

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