MINI2

jasonfields007 · Jan 10th, 2004, 10:07 AM

r u sure they know it's an S

diverse · Jan 10th, 2004, 01:47 PM

i did all the searching recently, CAN WE HAVE AN INSURANCE BOARD???

elephant and many (they are same company as Admiral) others only cover basic cost and even want you to declare metallic paint as they class this a modification!

Prices do differ but a list of who's with who can assist those on the hunt.

My best all round quote was AXA, i have full no claims do less than 4k per year but a few NON FAULT claims including windscreens which seem to count and i have never had an issue with any windscreen until getting MINI!

andyupnorth · Jan 10th, 2004, 02:09 PM

Quote: Originally Posted by GeoffMM

i am 19 on a new mini cooper s with chilli and sat nav and pay £690 fully comp

Can you tell us the name of the insurance company? If they can quote a 19 year old that premium for a Cooper S it will be buttons for us old farts with Coopers.

Fizzle · Jan 10th, 2004, 04:26 PM

i'm 20 (21 by the time my mcs is delivered) and they cheapest quote i got that covered extra's is £2600 from mini, was £3800 when they thought i'd be 20 when i got it.

elephant said all extras were covered but after reading all the stuff on here i still dont trust them, and when i phoned up the day after getting the quote to confirm it, it had gone up by £200??? and the interest worked out at over £500 if i paid monthly!!

hopefully i'll find somewhere before the car is delivered as a lot of companies wont give me a quote til i'm 21 otherwise my car will still be insured in one of my parents names.

adamlondon · Jan 10th, 2004, 04:46 PM

I have to say though that Elephant has been pretty good for me. They were the cheapest I could find (including that fact that I had a little accident 2 years ago - obviously not my fault!). Plus, as my last car was insureed with them they gave me a £200 discount on the online quoted price as a returning customer.

All the best,

Adam

GeoffMM · Jan 10th, 2004, 09:34 PM

yes they know it is an s and its with tesco. its all pukka and thats the price they gAVE me so i took it out straight away.

supercoopers · Jan 10th, 2004, 10:15 PM

Quote: Originally Posted by GeoffMM

yes they know it is an s and its with tesco. its all pukka and thats the price they gAVE me so i took it out straight away.

Yeah, but that is under one of your parents' name i take it? I can't see that being a legit permium unless they misquoted you something cheaper at first and then realised their mistake but decided to honour the original quote anyway. Did you have to speak to a representative over the phone or could you get a quote online?
Thanks in advance,

Henry

cooperstan · Jan 20th, 2004, 01:54 PM

Well, Geoff was very lucky, I just got a quote online from tesco for £1035.00. I'm 24, Quantity Surveyor, 4 yrs NCB, Full license since 1996, live in Watford, but have 3 points for speeding (SP50) on an MCS...

badboyzbadboyz · Jan 20th, 2004, 11:45 PM

The Best I can get (I'm 20) is £1,900 under my name with my mum as a second driver and my dad as a third driver. Without my mum and dad on the policy its £2,600 - so for less money I get more, strange ?

MiniRoll · Jan 21st, 2004, 08:09 AM

badboyzbadboyz,

I sounds strange, but it sort of makes sense. If you get a quote for say 10,000 mile pa and then add some 'safer' drivers as named, some underwriters will assume these safer drivers will be doing say 2,000 of your 10,000 miles and adjust the premium accordingly.

My quote with Esure was £475. When I added my wife it went down to £415 (around 13%). Therefore, they are assuming she's a safer driver (although she' not actually driven for about 10 years!)

badboyzbadboyz · Jan 21st, 2004, 10:07 AM

Quote: Originally Posted by MiniRoll

badboyzbadboyz,

I sounds strange, but it sort of makes sense. If you get a quote for say 10,000 mile pa and then add some 'safer' drivers as named, some underwriters will assume these safer drivers will be doing say 2,000 of your 10,000 miles and adjust the premium accordingly.

My quote with Esure was £475. When I added my wife it went down to £415 (around 13%). Therefore, they are assuming she's a safer driver (although she' not actually driven for about 10 years!)

Yea this is true. Still, the saving I make from my parents being added is an amazing £717 - almost twice your total premium. It'x not only a saving in £ though because sometimes my parents might need to use the car so its always handy having them on the policy. Are there any other "loop holes" for insurance premiums that would lower my premium without making it void ?

JDT · Jan 21st, 2004, 10:52 AM

I have a question, stupid as it maybe:-

As I understand it, if I insure with Elephant but don't declare my options etc and soemthing happens to it, Elephant will only pay me the price for the standard S, right? But if I have shortfall insurance BMW will pay for the difference thus paying for my options.

So in theory I can use Elephant because they are the cheaper and not suffer...

Does that sound right, or shall I stay off the crack pipe?

badboyzbadboyz · Jan 21st, 2004, 03:25 PM

Quote: Originally Posted by JDT

I have a question, stupid as it maybe:-

As I understand it, if I insure with Elephant but don't declare my options etc and soemthing happens to it, Elephant will only pay me the price for the standard S, right? But if I have shortfall insurance BMW will pay for the difference thus paying for my options.

So in theory I can use Elephant because they are the cheaper and not suffer...

Does that sound right, or shall I stay off the crack pipe?

I think if you get insured with elephant and don't declare your options then your insurance can be declared void. Why elephant are so bad is because if you do declare your extras they will up your premium but if something then happens to your car then they only give you a standard S back - without the extras you declared. Still, the point you have made about BMW covering your extras is a good one, something that I hadn't considered.

adamlondon · Jan 21st, 2004, 03:32 PM

I actually just had an email from elephant today on this point. Even if you declare your Chili pack, it is not covered. This means they wont pay out for the full value of the car (as they class the Chili pack as a modification!). Also, if you damage a 17" S alloy, and claim for it, they will pay for the standard 16" Cooper S alloy. However, i seem to remember that Mini have a package whereby if you take out this sub-policy with them (not sure how much, but is not too expensive) then if you write off your car Mini will pay the difference between what the insurance company pay out, and what the car was worth new! Not positive about this, so maybe give them a call.

Hope this helps,

Adam

RIGGERS · Jan 21st, 2004, 09:39 PM

I think that policy you are on about with mini is called shortfall insurance!

Jan 10th, 2004, 10:07 AM	#21
jasonfields007 MINI2 Master My Classifieds Join Date: May 2003 Location: Radlett. Herts Local Time: 03:45 AM Posts: 1,978 Offline	r u sure they know it's an S '06' Cooper S Convertible - Astro Black, '04' Mazda RX8 231 - Black

Jan 21st, 2004, 08:09 AM	#30 (permalink)
MiniRoll MINI2 Regular Join Date: Dec 2003 Local Time: 02:45 AM Posts: 53 Offline	badboyzbadboyz, I sounds strange, but it sort of makes sense. If you get a quote for say 10,000 mile pa and then add some 'safer' drivers as named, some underwriters will assume these safer drivers will be doing say 2,000 of your 10,000 miles and adjust the premium accordingly. My quote with Esure was £475. When I added my wife it went down to £415 (around 13%). Therefore, they are assuming she's a safer driver (although she' not actually driven for about 10 years!) Cooper S DS/B, Chili pack, Auto AC, MFSW, CD Boost. Ordered 6th Dec 2003, Delivered 16 Jan 2004!! Sold August 2004 Now have a BMW 120D SE - forum details: Babybmw.net

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Jan 10th, 2004, 01:47 PM	#22 (permalink)
diverse MINI2 Senior Join Date: Apr 2002 Location: Surrey Local Time: 03:45 AM Posts: 423 Offline	i did all the searching recently, CAN WE HAVE AN INSURANCE BOARD??? elephant and many (they are same company as Admiral) others only cover basic cost and even want you to declare metallic paint as they class this a modification! Prices do differ but a list of who's with who can assist those on the hunt. My best all round quote was AXA, i have full no claims do less than 4k per year but a few NON FAULT claims including windscreens which seem to count and i have never had an issue with any windscreen until getting MINI!

Jan 10th, 2004, 02:09 PM	#23 (permalink)
andyupnorth MINI2 Master Join Date: Aug 2003 Location: Newcastle Local Time: 03:45 AM Posts: 781 Offline	Quote: Originally Posted by GeoffMM i am 19 on a new mini cooper s with chilli and sat nav and pay £690 fully comp Can you tell us the name of the insurance company? If they can quote a 19 year old that premium for a Cooper S it will be buttons for us old farts with Coopers.

Jan 10th, 2004, 04:26 PM	#24 (permalink)
Fizzle Maxin' and Relaxin' Join Date: Mar 2003 Location: Newcastle Local Time: 03:45 AM Posts: 494 Offline	i'm 20 (21 by the time my mcs is delivered) and they cheapest quote i got that covered extra's is £2600 from mini, was £3800 when they thought i'd be 20 when i got it. elephant said all extras were covered but after reading all the stuff on here i still dont trust them, and when i phoned up the day after getting the quote to confirm it, it had gone up by £200??? and the interest worked out at over £500 if i paid monthly!! hopefully i'll find somewhere before the car is delivered as a lot of companies wont give me a quote til i'm 21 otherwise my car will still be insured in one of my parents names.

Jan 10th, 2004, 04:46 PM	#25 (permalink)
adamlondon MINI2 Senior Join Date: Dec 2003 Location: London Local Time: 02:45 AM Posts: 427 Offline	I have to say though that Elephant has been pretty good for me. They were the cheapest I could find (including that fact that I had a little accident 2 years ago - obviously not my fault!). Plus, as my last car was insureed with them they gave me a £200 discount on the online quoted price as a returning customer. All the best, Adam

Jan 10th, 2004, 09:34 PM	#26 (permalink)
GeoffMM COOPER S LOCAL Join Date: Dec 2003 Location: LINCOLN Local Time: 03:45 AM Posts: 310 Offline	yes they know it is an s and its with tesco. its all pukka and thats the price they gAVE me so i took it out straight away.

Jan 10th, 2004, 10:15 PM	#27 (permalink)
supercoopers MINI2 Senior My Classifieds Join Date: May 2003 Local Time: 03:45 AM Posts: 649 Offline	Quote: Originally Posted by GeoffMM yes they know it is an s and its with tesco. its all pukka and thats the price they gAVE me so i took it out straight away. Yeah, but that is under one of your parents' name i take it? I can't see that being a legit permium unless they misquoted you something cheaper at first and then realised their mistake but decided to honour the original quote anyway. Did you have to speak to a representative over the phone or could you get a quote online? Thanks in advance, Henry

Jan 20th, 2004, 01:54 PM	#28 (permalink)
cooperstan MINI2 Regular Join Date: Jan 2004 Location: Watford Local Time: 03:45 AM Posts: 93 Offline	Well, Geoff was very lucky, I just got a quote online from tesco for £1035.00. I'm 24, Quantity Surveyor, 4 yrs NCB, Full license since 1996, live in Watford, but have 3 points for speeding (SP50) on an MCS...

Jan 20th, 2004, 11:45 PM	#29 (permalink)
badboyzbadboyz MINI2 Jedi Master Join Date: May 2003 Local Time: 02:45 AM Posts: 1,257 Offline	The Best I can get (I'm 20) is £1,900 under my name with my mum as a second driver and my dad as a third driver. Without my mum and dad on the policy its £2,600 - so for less money I get more, strange ?

Jan 21st, 2004, 10:07 AM	#31 (permalink)
badboyzbadboyz MINI2 Jedi Master Join Date: May 2003 Local Time: 02:45 AM Posts: 1,257 Offline	Quote: Originally Posted by MiniRoll badboyzbadboyz, I sounds strange, but it sort of makes sense. If you get a quote for say 10,000 mile pa and then add some 'safer' drivers as named, some underwriters will assume these safer drivers will be doing say 2,000 of your 10,000 miles and adjust the premium accordingly. My quote with Esure was £475. When I added my wife it went down to £415 (around 13%). Therefore, they are assuming she's a safer driver (although she' not actually driven for about 10 years!) Yea this is true. Still, the saving I make from my parents being added is an amazing £717 - almost twice your total premium. It'x not only a saving in £ though because sometimes my parents might need to use the car so its always handy having them on the policy. Are there any other "loop holes" for insurance premiums that would lower my premium without making it void ?

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Jan 21st, 2004, 10:52 AM	#32 (permalink)
JDT MINI2 Regular Join Date: Jan 2004 Local Time: 03:45 AM Posts: 53 Offline	I have a question, stupid as it maybe:- As I understand it, if I insure with Elephant but don't declare my options etc and soemthing happens to it, Elephant will only pay me the price for the standard S, right? But if I have shortfall insurance BMW will pay for the difference thus paying for my options. So in theory I can use Elephant because they are the cheaper and not suffer... Does that sound right, or shall I stay off the crack pipe?

Jan 21st, 2004, 03:25 PM	#33 (permalink)
badboyzbadboyz MINI2 Jedi Master Join Date: May 2003 Local Time: 02:45 AM Posts: 1,257 Offline	Quote: Originally Posted by JDT I have a question, stupid as it maybe:- As I understand it, if I insure with Elephant but don't declare my options etc and soemthing happens to it, Elephant will only pay me the price for the standard S, right? But if I have shortfall insurance BMW will pay for the difference thus paying for my options. So in theory I can use Elephant because they are the cheaper and not suffer... Does that sound right, or shall I stay off the crack pipe? I think if you get insured with elephant and don't declare your options then your insurance can be declared void. Why elephant are so bad is because if you do declare your extras they will up your premium but if something then happens to your car then they only give you a standard S back - without the extras you declared. Still, the point you have made about BMW covering your extras is a good one, something that I hadn't considered.

Jan 21st, 2004, 03:32 PM	#34 (permalink)
adamlondon MINI2 Senior Join Date: Dec 2003 Location: London Local Time: 02:45 AM Posts: 427 Offline	I actually just had an email from elephant today on this point. Even if you declare your Chili pack, it is not covered. This means they wont pay out for the full value of the car (as they class the Chili pack as a modification!). Also, if you damage a 17" S alloy, and claim for it, they will pay for the standard 16" Cooper S alloy. However, i seem to remember that Mini have a package whereby if you take out this sub-policy with them (not sure how much, but is not too expensive) then if you write off your car Mini will pay the difference between what the insurance company pay out, and what the car was worth new! Not positive about this, so maybe give them a call. Hope this helps, Adam

Jan 21st, 2004, 09:39 PM	#35 (permalink)
RIGGERS Northern Monkey Join Date: Nov 2003 Location: Lost Local Time: 02:45 AM Posts: 76 Offline	I think that policy you are on about with mini is called shortfall insurance!