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Electric car Insurance
Thrugelmir
Posted: 02 October 2023 21:18:05(UTC)
#34

Joined: 01/06/2012(UTC)
Posts: 5,333

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Jonathan Friend;281174 wrote:
Luca Brasi;281097 wrote:
https://www.dailymail.co.uk/news/article-12582081/Marshals-brought-police-charge-rage-rows-electric-vehicle-drivers-motorway-power-points.html

Made me laugh, weren't EV drivers feeling rather smug when we had short term fuel queues a couple of years ago.


Government doing what it does best: creating queues.


How is the Government creating queues? Since when did people require nannying in every aspect of their daily lives. Common sense left at home. Feel the need to be become lawless, aggressive, self entitled , rude and lacking patience.
1 user thanked Thrugelmir for this post.
Adam Johnson on 11/11/2023(UTC)
Tyrion Lannister
Posted: 02 October 2023 22:28:10(UTC)
#22

Joined: 03/03/2017(UTC)
Posts: 2,029

MarkSp;281029 wrote:
Been offered an insurance renewal

"Don't worry we have you covererd"

£4989 with 10 years+ NCB

Got it done for £1200

So....shop around


You think that's cheap!?

I have a 3 series BMW xdrive, 3L diesel engine: Last renewal was £480. 🙂
ANDREW FOSTER
Posted: 03 October 2023 05:57:53(UTC)
#29

Joined: 23/07/2019(UTC)
Posts: 8,125

SF100;281083 wrote:
ANDREW FOSTER;281068 wrote:


Does seem to be Tesla specific this story..

And related to the Model Y RWD officially have 647 BHP.

Why does it need all those horses?
I thought the priority was to help save the planet, not use as much energy as possible...
And all those tyres that you'd burn through at that acceleration...


Because if something costs £75k or whatever and drives like a Fiesta then even planet huggers won't buy it.

EV have maximum. Torque at zero speed though so it not a power like you'd normally think of it.
Jonathan Friend
Posted: 03 October 2023 07:42:49(UTC)
#35

Joined: 19/09/2022(UTC)
Posts: 1,282

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Thrugelmir;281175 wrote:
Jonathan Friend;281174 wrote:
Luca Brasi;281097 wrote:
https://www.dailymail.co.uk/news/article-12582081/Marshals-brought-police-charge-rage-rows-electric-vehicle-drivers-motorway-power-points.html

Made me laugh, weren't EV drivers feeling rather smug when we had short term fuel queues a couple of years ago.


Government doing what it does best: creating queues.


How is the Government creating queues? Since when did people require nannying in every aspect of their daily lives. Common sense left at home. Feel the need to be become lawless, aggressive, self entitled , rude and lacking patience.


Because government has encouraged this ludicrous situation by intervening where the market would not go and forcing a fantasy idea that the world and available infrastructure isn't ready for, and may never be since this might just be the wrong answer. Possibly the wrong answer to the wrong question. Whenever they back horses they end up losing all the money.

And before you suggest that government hasn't encouraged this... ICE ban a mere 7 years away, which they've only just rowed back on. This has forced manufacturers to rush new EVs on to the market. Consumers have been encouraged with subsidies, the promise of low cost fuel versus massively over taxed petrol, and all manner of propaganda.

But now that it's playing out we see there's nowhere near enough supporting infrastructure, that the insurance industry isn't necessarily playing ball, that the lifetime CO2 footprint isn't even any better than a lot of ICE vehicles, additional pollution from tyres and braking because of the weight, fire hazards and bans by ferry companies, and concerns about multi storey car parks. In other words, they've warped markets and spent loads of public money and the outcome is worse than if they'd done nothing at all.

This IS the contemporary reminder, or lesson for those who didn't know, of how useless government is beyond basic functions. I'd even say dangerous. HS2? 60 odd billion spent to shave a few minutes off the journey from London to Birmingham... and according to some, it will actually take longer than before because of the connections required in London. Our entire energy base is now tainted by the dead hand of the state. It should have been obvious enough from the permashambles that is our nationalised health service... 7.5 million and counting. As I say: creating queues, they're good at that.

For those of us who saw it all coming and warned others years ago, and were either ignored or maligned for doing so, it is some vindication although not particularly pleasing.
8 users thanked Jonathan Friend for this post.
stephen_s on 03/10/2023(UTC), ANDREW FOSTER on 03/10/2023(UTC), Martina on 03/10/2023(UTC), Nigel Harris on 03/10/2023(UTC), Luca Brasi on 03/10/2023(UTC), Dexi on 03/10/2023(UTC), Captain Slugwash on 03/10/2023(UTC), Dentmaster on 14/11/2023(UTC)
MarkSp
Posted: 03 October 2023 13:53:26(UTC)
#21

Joined: 02/02/2020(UTC)
Posts: 2,199

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Nigel G;281067 wrote:
MarkSp;281029 wrote:
Been offered an insurance renewal
"Don't worry we have you covererd"
£4989 with 10 years+ NCB
Got it done for £1200
So....shop around

Wow, that's steep!

Audi A3 3.2 Quattro Sport, here - low residual value, admittedly - £160 fully comp and that includes RAC breakdown cover.


BMW X6 M

Not helped by 26% APR (Close Brothers) and a £40 transaction fee from the broker for placing the business with an insurer owned by the same holding company

To be fair the insurance was

£4446.88 + £40 (in the small print) +£99.99 for European Breakdown Cover (in the smaller print)
then 533.63 from Close Brothers at a 12% fixed rate. I thought 12% was steep but it was, in fact 26% APR (bottom of page 2)
1 user thanked MarkSp for this post.
Nigel G on 03/10/2023(UTC)
guantou
Posted: 03 October 2023 15:17:54(UTC)
#36

Joined: 05/09/2009(UTC)
Posts: 1,039

Thanks: 1511 times
Was thanked: 2415 time(s) in 787 post(s)
Limited edition Porsche 911 (Sunday car)
Concourse E Type Series 1 Roadster with high agreed valuation (Show car)
2023 GLC AMG Premium Plus (daily runner)
Toyota Yaris (her indoors)

All for just under £1,500 PA, all fully comp, all protected no claims

All at Aviva, don't renew online with the reminder link, call and talk to someone, you will be surprised what a difference it makes.
5 users thanked guantou for this post.
Henry Barlow on 03/10/2023(UTC), ANDREW FOSTER on 03/10/2023(UTC), William P on 07/10/2023(UTC), Jay P on 10/11/2023(UTC), Jonathan Friend on 12/11/2023(UTC)
Lex Further
Posted: 10 November 2023 20:23:35(UTC)
#37

Joined: 18/09/2021(UTC)
Posts: 181

Considering the soaring insurance prices for electric cars, one might wonder who would be willing to make the switch. It's a valid concern, especially when the cost of insurance becomes a significant factor in the overall affordability of electric vehicles. In an effort to better understand and potentially address this issue, I've decided to reach out to trexis Insurance customer service. Initiating a conversation with their team will allow me to gain insights into the reasons behind the insurance price increase for electric cars and explore possible solutions or adjustments.
Thrugelmir
Posted: 10 November 2023 21:24:42(UTC)
#38

Joined: 01/06/2012(UTC)
Posts: 5,333

Thanks: 3258 times
Was thanked: 7901 time(s) in 3272 post(s)
Lex Further;285721 wrote:
Who is going to buy electric cars with those insurance prices?


There's always people with more money than common sense.
Dentmaster
Posted: 12 November 2023 22:15:29(UTC)
#39

Joined: 23/01/2021(UTC)
Posts: 440

Try getting a quote for insuring a range rover. Especially if you stay in London, or intend to go there .If it is tracked you may well get a call from your insurers ,telling you that theft cover is excluded in London when they see you heading there Its mental.
Tonski21
Posted: 13 November 2023 08:15:59(UTC)
#42

Joined: 10/11/2023(UTC)
Posts: 4

I bought a new MG4 this year for £28,500 and my insurance is £365/year which is pretty reasonable. I was paying £185/year for a 2007 Ford Focus before so i was expecting to pay a lot more.
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