Insurance Premium Plummets!

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Wing Commander
Posts: 19929
Joined: Tue Oct 06, 2015 5:43 pm
Location: Wiltshire

Post by Wing Commander »

Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
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Nuclear Nick
Posts: 3820
Joined: Wed Feb 17, 2016 3:42 pm
Location: Bristol

Post by Nuclear Nick »

Gee Simon that bucks the trend. Let’s hope it’s repeatable for those of us renewing soon.
Nick

Defender 90 V8

991.2 C2 GTS

Macan Turbo - sold

BMW K1300S, BMW R1250 GSA
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Madelvic
Posts: 780
Joined: Thu Aug 15, 2019 3:48 pm
Location: Scotland

Post by Madelvic »

Slight increase for me so far - best is LV at £467 so far. All 4 cars £1000 at LV; PCGB Locktons twice that but any driver over 35
2017 Macan GTS Carmine Red
2005 Boxster S Artic Silver
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Jon A
Posts: 4443
Joined: Tue Oct 19, 2021 7:26 pm

Post by Jon A »

Wing Commander wrote: ↑Tue Mar 05, 2024 1:48 pm Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
What a great result! I bet it feels more than a little win 😂
718 Boxster - lava orange (2019)
992 C2 racing yellow (2020)
https://configurator.porsche.com/porsche-code/PRIMAJB4
Ex - Macan S - Carmine (2022)
http://www.porsche-code.com/PNZVYTE0
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Col Lamb
Posts: 9382
Joined: Fri Oct 30, 2015 8:38 pm
Location: Lancashire

Post by Col Lamb »

Great outcome.

Mine is due tomorrow, so I will stick with NFU.

Just tried LV, £1025 so way more expensive than NFU
Col
Macan Turbo
Air, 20” wheels, ACC, Pano, SurCam, 14w, LEDs, PS+, Int Light Pack, Heated seats and Steering, spare wheel, SC, Privacy glass, PDK gear, SD mirrors, Met Black, rear airbags
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pmg
Posts: 2991
Joined: Wed Jun 20, 2018 7:31 pm

Post by pmg »

Wing Commander wrote: ↑Tue Mar 05, 2024 1:48 pm Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
They obviously know the colour and that no one is going to run into it by accident ;) ;) :lol: :lol: :lol:

Incidentally what annual mileage as that seems to have a fair influence on premiums there days but few on the forum quote it with their premiums
2019 Macan S Porsche code PKW8WKI8
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User avatar
Wing Commander
Posts: 19929
Joined: Tue Oct 06, 2015 5:43 pm
Location: Wiltshire

Post by Wing Commander »

Nuclear Nick wrote: ↑Tue Mar 05, 2024 1:50 pm Gee Simon that bucks the trend. Let’s hope it’s repeatable for those of us renewing soon.
Amen to that, Nick! 🤞🏼
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
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User avatar
Wing Commander
Posts: 19929
Joined: Tue Oct 06, 2015 5:43 pm
Location: Wiltshire

Post by Wing Commander »

Jon A wrote: ↑Tue Mar 05, 2024 2:34 pm
Wing Commander wrote: ↑Tue Mar 05, 2024 1:48 pm Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
What a great result! I bet it feels more than a little win 😂
Cheers, Jon! The insurance lotto has paid out in my favour for once! ;)
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
Top
User avatar
Wing Commander
Posts: 19929
Joined: Tue Oct 06, 2015 5:43 pm
Location: Wiltshire

Post by Wing Commander »

pmg wrote: ↑Tue Mar 05, 2024 4:24 pm
Wing Commander wrote: ↑Tue Mar 05, 2024 1:48 pm Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
They obviously know the colour and that no one is going to run into it by accident ;) ;) :lol: :lol: :lol:

Incidentally what annual mileage as that seems to have a fair influence on premiums there days but few on the forum quote it with their premiums
Spot on! Racing Yellow sure stands out in drizzle, rain, fog, snow etc! ;)

Annual mileage 7,500, calculated from average mileage over last 3 years, including 500 business miles. :geek:
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
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Bluesnose1812
Posts: 1661
Joined: Sat Sep 18, 2021 1:16 pm
Location: Worcestershire

Post by Bluesnose1812 »

Wing Commander wrote: ↑Tue Mar 05, 2024 4:50 pm
Jon A wrote: ↑Tue Mar 05, 2024 2:34 pm
Wing Commander wrote: ↑Tue Mar 05, 2024 1:48 pm Got my renewal today from Admiral.

Fully expecting a horrendous increase.

Premium DOWN by 19%!!!?

From £795.98 to £642.54!

Tried Martin Lewis’ tips and cheapest quote was £1,157.85 with a company I’ve never heard of!

7 years no claims. Clean licence. Parked outside. Includes a little bit of business use & modifications have been declared.

Well happy. :)
What a great result! I bet it feels more than a little win 😂
Cheers, Jon! The insurance lotto has paid out in my favour for once! ;)
Phew 🫡 Wedding bells on hold for another 12 months 😂
Currently
S|Leather|Air Susp|Chrono |Surround Camera|BOSE|14 way | AILPG |
http://www.porsche-code.com/PPSV6RD5
Next Project 4 March 2025
https://configurator.porsche.com/porsche-code/PR6MH479
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