Liam701

Hi, I'm possibly swapping my S2000 ED100 with someone this weekend with a chap who has an E46 M3. However he has been REALLY struggling to get insurance for a decent price. He's been getting quotes of about £2500!! His M3 costs him £800 to insure. It only costs me £360 to insure the S2000, I know I may be older than him and different post code etc. but that price is ridiculous considering the car he is currently insured with.

Can anyone offer any advice on what he should do, or who he could go with?

I've already suggested he is a named driver on another (older - parent?) persons policy, lowers his annual mileage, joins the owners club.....any advice???

noodels

Churchill

lovegroova

Here's a few recent threads on the same subject:
https://www.s2ki.com/forums/uk-irela...prices-1177027
https://www.s2ki.com/forums/uk-irela...urance-1170474
https://www.s2ki.com/forums/uk-irela...quotes-1143787

Also see the insurers in the Traders section here.

SuperHamz

Brentacre recently have been the best for me

E4RTH WORM JIM

Sky insurance been with them 11 years

Carbon S2K

Make sure you inspect the m3 for the dreaded rear subframe mounting point cracks before you do the deal.

andy2000

Might not be the best idea, insurance fraud / fronting is taken very seriously these days and there are third party systems many companies use to track this type of activity. (at least if you're going to do it then maybe not best to advertise the fact on a public forum.)

Liam701

Yes I will as much as I can, unfortunately unless it's on a ramp or half the rear end is already removed you can't see much.

On a separate note, I wasn't advising fraud. Merely suggesting ways I knew of many years ago to help. I don't even know if that still works? I'm an old git these days and don't have to worry about how to get my insurance.

He's found a company now anyway, so we shall see tomorrow how it all pans out.

Thanks for everyone's replies.

minvo

Insurance companies know it's more likely for someone to have an accident in a "different" car so they pump up the premiums when you change your car.
After the 1st 18 months the cost "should" come down.

Steve

andy2000

I'm not sure that's true Steve. There is certainly no rating in our companies algorithms to account for anyone driving a 'different' car. If course I can't speak for other insurers.