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8 Series Insured As A Classic Car?


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Hi All!

Im new to this forum and have joined as the result of a dilemma, insurance on my 8 is extortionate now and im on the verge of selling as I can not afford to insure.

I have heard there is an insurance company that recognises the 8 series as a classic car (which means a cheap premium) - does anyone have any idea of the name of this company?

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  • 2 weeks later...

HI There,

I insured mine with < Sureterm Direct > and have it on a classic car policy with limited milage of 3000 miles a year, as it is used as a third vehicle. cost me £310.fully comp. then again my age counts 50 -55 (classed as an old git !!) Give them a call anyway on 08009992300.

mine is a 1995 4ltr.

Good luck mate.

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  • 6 months later...

I have had my 8 Series for over a year now and so have had to insure twice. The first time was for about £325 with 7 years and a single SP30, who hasn't? And a car write off to the tune of £23k when I parked the Mrs M5 in a tree.

Though I though this low cost was a fluke it came with little restrictions.

Declared mileage of under 6k per year

NCD not protected, just 10 days late before they changed their policy on NC's and Claasic Car Insurance.

Parked in a garage

Only used for personal use.

Value agreed at £10k

Insurance company was, and still is, Performance Direct.

2nd year as above but the SP30 is no longer present, over 5 years ago.

Renewal was at £224

(8 years NCD)

Not bad for this car I think.

Just over 30 years of age so not "old", in my opinion.

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  • 1 month later...

quite a late update - apologies totally forgot.

got comprehensive cover for £607.00, which is a lot higher than everyone else but extremely competitive for my area, age and type of car. better then £1800.00 which was the cheapest I was getting elsewhere.

with classic line - they recognise the 8 series as a classic car.

cant build ncb with it though and limited to 5k miles annually.

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  • 6 years later...
On ‎10‎/‎8‎/‎2012 at 7:03 PM, 8 BALL said:

Hi All!

Im new to this forum and have joined as the result of a dilemma, insurance on my 8 is extortionate now and im on the verge of selling as I can not afford to insure.

I have heard there is an insurance company that recognises the 8 series as a classic car (which means a cheap premium) - does anyone have any idea of the name of this company?

Hi

Just purchased an 840 and insured with Adrian Flux up in Kings Lynn

Paid £198 fully comp for the year with a couple of extra thrown in loss of keys and another can't remember but worth a call

 

Thanks and best regards

Charlie

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