GR Yaris Insurance quotes for my GR Yaris

Pappyjohn said:
We're lucky, my brothers new Model Y is costing him £1800 to insure. They are citing all the autopilot features as reasons for the high premium.
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Aren't the point of those to stop people having accidents?

The real reason is Tesla's are bloody expensive to repair if something does go wrong.
 
corroded said:
Aren't the point of those to stop people having accidents?

The real reason is Tesla's are bloody expensive to repair if something does go wrong.
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Agree and some of these accelerate to 60 in less than 5 seconds which can't help costs.

Usually the type of person that buys a performance car is interested in how it drives and behaves and may have experience of driving at speed.

The family types buying Model 3's and Y's are jumping into absolute monsters in terms of straight line speed and may not be used to it.
 
Pappyjohn said:
Agree and some of these accelerate to 60 in less than 5 seconds which can't help costs.

Usually the type of person that buys a performance car is interested in how it drives and behaves and may have experience of driving at speed.

The family types buying Model 3's and Y's are jumping into absolute monsters in terms of straight line speed and may not be used to it.
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Oh yeah, that definitely plays a part, tbh most electric cars get off the line relative quick, but insurance quoting autopilot is the very laughable bit!

If someone said, people are out driving themselves and the repair costs are insane, yeah, I'd believe that!
 
Model 3 and Model Y are literally the safest cars to have ever existed in all of history.

Laughable comments there from the insurance company.
 
GRY and Twingo renewed with Admiral in August, £800. My Model 3, with Direct Line is £1000. I read that about 90% of Tesla drivers are with Direct Line, as they have a 'special' deal with Tesla - if that doesn't scream 'monopoly' and that insurance is largely about fleecing people out of as much money as possible, then I don't know what else to add. Insurers take the pee because they think people are saving money elsewhere on tax, maintenance and fuel with an EV. Admiral quoted £1400 for the Tesla. I have a Y turning up in 2 weeks, I expect to be shafted on that too.
 
Sam said:
Soon enough Tesla will be providing their own insurance. Already in place in a number of US states.
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They've been banging on about doing it for a while here, but will they be able to do that before someone claims it breaks competition laws (aka protect the vested interests of the insurance industry)?
 
Bronson said:
They've been banging on about doing it for a while here, but will they be able to do that before someone claims it breaks competition laws (aka protect the vested interests of the insurance industry)?
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I guess we’ll find out.

Hard to say it’s a monopoly when it will be optional and for a single brand.

I could even imagine a situation where are the government mandates the manufacturer self-insures their self driving cars.
 
Mine went up from about £400 to £600 with Admiral this year, based in Manchester… called them up and they knocked £200 off it…




… And then added £150 back on for my new points 🤨
 
There are a few reasons why electric cars are expensive to insure, Tesla’s in particular. Private motor is a very competitive market so not much chance of a monopoly. More likely Direct Line are the most competitive, hence the volume of policies. Main reasons are they are very expensive to repair, all pretty quick and have seen a few drivers have accidents caught out by sudden acceleration. Have you seen the insurance grouping?!
 
I’d rather pay extra to not have the other half on the insurance. She can curb a rim like the best of them. 😂
 
Tesla tax is worse than GR tax.

The last time I paid a grand for insurance was well over 20 years ago. There's no way I'd do that now unless I had a Lambo or such on the drive.
 
Premiums seem good, but what are guys paying excess wise should the unthinkable happen
 
I always opt for zero excess. The last time you want to be dipping into your pocket for a few hundred quid is when you're already out of pocket/inconvenienced/pissed off about having to make a claim.

And for you UK people, I won't tell you what I have to pay for my insurance here. Suffice to say, it's at least twice the biggest number I've seen here :LOL:
 
Duke said:
The last time you want to be dipping into your pocket for a few hundred quid is when you're already out of pocket/inconvenienced/pissed off about having to make a claim.
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True. There are a few ways to achieve that. One is to opt for zero or similar excess. Another is to opt for a larger excess and use the savings made by the cheaper premium (policy cost) to serve as a pool of money for if/when you need to pay an excess. Over the years you might accumalate a pot larger than any excesses requiring to be paid (if any). There are even products to insure the excess!

Duke said:
And for you UK people, I won't tell you what I have to pay for my insurance here. Suffice to say, it's at least twice the biggest number I've seen here :LOL:
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If you pay peanuts, you get monkeys.

You make a fair point, but there is a good chance you're getting a much better service than most UK insurers offer. Only recently, I had a:
  • reputable insurer advising that certain changes weren't classed as modifications (until I insisted and they changed their mind. Guess what would happen had I followed their advice and then been in an accident with a car they would deem modified without but not declared as such; policy void & no cover for the accident),
  • protection of no-claims-bonus cancelled with no reason or notification (and, of course no explanation when I spotted it and pointed out to them), and
  • helpline adviser refusing to provide in writing the advice he had just given me over the phone on the basis that he would lose his job, as he said.
Many other examples of awful service in the UK and what's worse than having to pay an excess after a claim is your insurer not doing the part of the deal if/when you need them. Seriously flawed system in the UK. Certainly nothing enviable. Don't get me started :mad:

So, my main point is, when you hear the term insurance bear in mind that it may mean different things in practice, depending on which country the policy is taken in. Not realistic to compare prices if it's not like for like and I would prefer paying more for proper insurance cover, rather than the rubbish offered in the UK as norm.
 
Coming to that time of year, so what mods are considered to be light ? The minefield approaches.
 
KevinA said:
Coming to that time of year, so what mods are considered to be light ? The minefield approaches.
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My insurance has my mods declared. Nothing spicy just an exhaust, spacers and a better breathing cold air feed. None of that actually really affected the premium. Really it's just power increases which add cost for mine.
 
I don't expect the new 5 level system will bring prices down over the past 50 level system. It started last month with an 18 month overlap time.
I expect EVs will be hit looking at the 5 criteria that works out the premium / risk:

  1. Performance – this considers factors such as acceleration, top speed, drivetrains, powertrains and list price.
  2. Damageability – how the materials and design of a car affects the severity and cost of repairs.
  3. Repairability – a new area of assessment that looks at how easily a car can be repaired, considering a “transparent and accessible repair strategy”.
  4. Safety – this assesses any passive and active safety systems, as well as other factors like kerb weight.
  5. Security – the use of both physical and digital systems designed to prevent theft.
Most comments I have read highlight Tesla and Cinese EVs could be hit hard.
We will see as they say they need 18 months of data collection and comparing old vs new criteria + warning manufacturers to build their cars for these new 5 criteria in mind or they may find customers are put off buying them.
One report stated that the average price of an EV is about £43k so are in luxury car VED band. A hike in insurance will make people think twice if they buy EV to save money.
 
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