[PeterG]

Called Hastings Direct to transfer insurance from my existing car (2012 Kia Rio 1.4D, 57 year old with 10 years NCD, cost £170 in August) to my brand new ZS EV and my premium dropped by £10!!!!!

New insurance is up to August 2021 and I'm dumbfounded at the price - I expected it to be £200+

 

[Neilew]

Called Hastings Direct to transfer insurance from my existing car (2012 Kia Rio 1.4D, 57 year old with 10 years NCD, cost £170 in August) to my brand new ZS EV and my premium dropped by £10!!!!!

New insurance is up to August 2021 and I'm dumbfounded at the price - I expected it to be £200+

My EV insurance has always been less than my ICE cars. It doesn't make much sense as the EV have been much more powerful than my ICE. I've come from in the previous years before first Zoe: Hyundai Getz and a Mitsubishi Mirage.

 

[chrisnsteffie]

Mine also got cheaper from a clapped out Honda diesel estate, it was a surprise!
Interestingly, Hastings (who I was with at the time) said that the car didn't exist and that I would have to use a different provider.

 

[Neilew]

Interestingly, Hastings (who I was with at the time) said that the car didn't exist and that I would have to use a different provider.

Mine had to go to the underwriters on swapping from the Zoe. Did so with no extra charge, but on renewal (2 months later) cost went up from £258 to around £400. Got £216 with QuoteMeHappy on ComparetheMarkets.

 

[Jeffrey Cooper]

Didn't you know, if you leave an EV plugged in, or even near it's charger, it's impossible to steal it without being killed by electric shock - they're reducing insurance payouts all over the world slowly.

 

[Wazza]

Got an interesting story about my insurance, I renewed my Kia Soul for £238 with Aviva, and had to pay an extra £10 to swap the policy over to the MG ZS EV.

But then I'd bought the car through a Limited Company (see this article as to why it's a good idea if you have one Electric Company Car Tax Guide) and when I told Aviva they recalculated my premium at £1250! I don't think their underwriter has an appetite for corporate policies.

Naturally I cancelled the Aviva policy (and complained about this unreasonable hike in price which led to them waived the £30 exit fee) and then with a bit of shopping around LV seemed to be the cheapest for vehicles owned by a company - £330 with legal, £50 cashback through topcashback.

 

[Carty]

I received my insurance renewal e.mail from LV the other day.
I was flabbergasted to see that they want to increase my renewal by £50 this year.
Bloody hell - they have more neck that a giraffe !.
I though they where writing to offer me a refund due to the lack of use of my car due to C19 situation.
Yeah right !.
Purchased 12 months of cover for about 9 months of use this year like most other people.
The insurance claims in general must be lower year due to the lock down situation.
I like how they write to inform you they will automatically renew your policy unless told otherwise as well.
Needless to say they will not be renewing MY policy.
I am convinced the system just increases the renewal cost automatically every year and hope their customers just let it slip through the net.
I have found the same level of cover through the A.A. that includes full breakdown and recovery from anyway in the U.K. for roughly £80 cheaper than my renewal quote from my current insurance company.
Probably have to move insurance company again next year of course !.

 

[Curley]

Doesn't MG have an insurance set up?

 

[Neilew]

have found the same level of cover through the A.A. that includes full breakdown and recovery from anyway in the U.K. for roughly £80 cheaper than my renewal quote from my current insurance company.

Don't forget that you have AA cover as part of your MG purchase (subject to servicing each year). I'm not sure if it will provide the same cover as your insurance though.

 

[Carty]

Don't forget that you have AA cover as part of your MG purchase (subject to servicing each year). I'm not sure if it will provide the same cover as your insurance though.

Hi @Neilew .
Yeah - You are correct in your assumption, the A.A. cover provided by MG when you have your service performed by them, is the very basic “Road Side Assistance”.
No flat bed recovery or home assistance included in the basic cover.
If you break down with the basic cover, it has to be over quarter of a mile from your home address or they will not attend.
The ZS EV is to heavy to push it that far with a total knee replacement that’s for sure.
At my age, the break down cover is almost expensive as the car insurance.
I was not aware ( until I checked ) that a lot of recovery services will not attend a puncture unless you have a spare to interchange !.
That was the main reason why I purchased the optional spare wheel for my car.
I guess it’s a lot like a lot of things we take out though life, you never know how good the cover is, until you come to make a claim !.
I have been paying house buildings insurance for over 40 years now and never made a claim.
I could buy another EV with the money that has cost over the years ! .

 

[Neilew]

A plus side of renting Zoe's battery was that it came with EVAssist. No problem, no matter where was covered. Boy was I glad I had it with first Zoe. Goodness knows what 3 flatbed recoveries would have cost without it.

 

[Paul M]

Every year at renewal time I use guest or incognito mode web browser to find the best deal using comparison sites, shopping to buy a new policy rather than renewal.

Then in main browser window I open topcashback

TopCashback.co.uk: The UK’s #1 Cashback & Vouchers Site

TopCashback is the most generous free cashback and voucher website. Save money on purchases through thousands of merchants online and in-store.

www.topcashback.co.uk

And find the same insurance policy via tcb and typically get £50 to £90 off the same policy.

Sometimes I buy a policy with existing insurer as if I'm a new customer and save a lot over the renewal cost.

 

[PeterG]

Every year at renewal time I use guest or incognito mode web browser to find the best deal using comparison sites, shopping to buy a new policy rather than renewal.
.
.
.
Sometimes I buy a policy with existing insurer as if I'm a new customer and save a lot over the renewal cost.

I’m a TCB’er also. I make a few hundred every year just on car & house insurances, mobile & broadband contracts and utility renewals. It’s surprising how many people don’t know about it.

Just a shame I could get me ZS EV through TCB, I would have made a few bob there 😉

If anyone’s not a TCB’er and wants to know more here’s my referral link. Ask me a question and I’ll happily help.

TopCashback.co.uk: The UK’s #1 Cashback & Vouchers Site

TopCashback is the most generous free cashback and voucher website. Save money on purchases through thousands of merchants online and in-store.

www.topcashback.co.uk

 

[Sandy]

My MG cost less than my Zoe in insurance, well until a bloody pheasant caused damage that needed fixed, at policy renewal my premium is the highest its ever been. So make sure you don't have an accident.

 

[Curley]

So does that mean you're a peasant now😉

 

[Brian G]

My MG cost less than my Zoe in insurance, well until a bloody pheasant caused damage that needed fixed, at policy renewal my premium is the highest its ever been. So make sure you don't have an accident.

Pheasants are bloody nuisance, kamikaze tendencies and heavy enough to do quite a lot of damage. Nothing quite like removing the head and entrails from a radiator grill, regretting only that the rest of the body isn’t there to rescue and cook!
And in my part of the world we have deer dashing (and prancing, at this time of the year) in front of cars. Legs give way to allow the body to come through the windscreen. Lethal living in rural Hampshire!