What are your experiences of insuring your ID.3?

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hungerdunger
Posts: 100
Joined: Fri Dec 11, 2020 8:28 pm
Location: Carmarthen, West Wales

Post by hungerdunger »

Obviously everyone's insurance premiums differ wildly due to age, No Claims Bonus etc, but I was very disappointed with the hike in premiums from my local broker, and I'd like to hear from other people of their experiences.

I traded in our Scirocco for the ID.3 in December. I renewed our policy for the Scirocco in April 2020 for £290. I was told that I'd need to pay a further £76 for the ID.3. I didn't argue at the time as I was due to pick the car up in a couple of hours. But if £76 was for about one third of a year, that means I can expect my annual premium to go up by around £220 next April, an increase of about 75%.

I really can't understand why there should be any increase at all, let alone on this scale. The car is no sportier than the Scirocco, and I'd have thought it has less moving parts that might need repair after an accident.

Has anyone else had a similar experience or can you explain such a drastic increase?
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roadhawk
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Joined: Sat Dec 26, 2020 7:37 pm

Post by roadhawk »

It was the opposite for me, insurance for the ID.3 was about £200 per annum cheaper than my previous Audi A3 2.0 TFSI. I went with VW insurance and have a 3 year price lock on it.
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Deleted User 192

Post by Deleted User 192 »

My premium increased by about £40 for the 9 months remaining, but then the value of my vehicle went up from £5000 to over £35000.
stu-evs
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Post by stu-evs »

roadhawk wrote: Mon Feb 08, 2021 6:24 am It was the opposite for me, insurance for the ID.3 was about £200 per annum cheaper than my previous Audi A3 2.0 TFSI. I went with VW insurance and have a 3 year price lock on it.
Our premium also decreased significantly - a similar saving of circa £200 p/year compared to previous vehicle - also went with VW insurance as they were cheaper than the comparison sites....
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ColinID3
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Joined: Sat Jan 09, 2021 10:10 am

Post by ColinID3 »

Ours was 4% decrease over our Nissan Note( :oops: ). This is with Admiral. Seemed about right.
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digital
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Joined: Sun Dec 13, 2020 12:07 am

Post by digital »

Aviva charged us £17.50 to transfer from a Golf 7 GT to a Family for three months. £15 of it was the fee to make the change.
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Daveion
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Post by Daveion »

Im with esure on a multi car policy. My previous car was group 34 so expected a reduction buf it fell only £16 for the year. If I GO COMPARE I can get the same cover with LV for £276/year. Esure want £70 cancellation but not sure the impact on the multi car costs on other premiums.
I think VW are pushing their own insurance so may take a look at that as well. I dont know who underwrites it?
Dave
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stu-evs
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Joined: Thu Jan 07, 2021 9:25 pm

Post by stu-evs »

Daveion wrote: Mon Feb 08, 2021 10:03 pm Im with esure on a multi car policy. My previous car was group 34 so expected a reduction buf it fell only £16 for the year. If I GO COMPARE I can get the same cover with LV for £276/year. Esure want £70 cancellation but not sure the impact on the multi car costs on other premiums.
I think VW are pushing their own insurance so may take a look at that as well. I dont know who underwrites it?
Dave
From the bottom of our VWFS insurance certificate:

Volkswagen Car Insurance is underwritten by U K Insurance Limited, The Wharf, Neville Street, Leeds LS1 4AZ. Registered in England and Wales No: 1179980. U K Insurance Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
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digital
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Post by digital »

UK Insurance is Direct Line.
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mez
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Post by mez »

Took LV's car insurance for ID3 Life at £235 for wife and I (with a Quidco Compare Car Insurance £28 cashback - cos I am tight :-|

If you can make sure you buy your insurance at least 8 days in advance, otherwise insurers stick you for another £30-£50 as they know you must be in a hurry!
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Kaygee
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Post by Kaygee »

mez wrote: Wed Feb 10, 2021 2:39 pm Took LV's car insurance for ID3 Life at £235 for wife and I (with a Quidco Compare Car Insurance £28 cashback - cos I am tight :-|

If you can make sure you buy your insurance at least 8 days in advance, otherwise insurers stick you for another £30-£50 as they know you must be in a hurry!
I used the Topcashback site, paid £210 and got £55 cashback.
digital
Posts: 121
Joined: Sun Dec 13, 2020 12:07 am

Post by digital »

Around 21 days in advance is the sweet spot. Martin Lewis's site explains: https://www.moneysavingexpert.com/insur ... insurance/
ID3 Family, Scale Silver, East Derry alloys.

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