BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

Post Reply
 
Thread Tools Search this Thread
      11-16-2012, 12:21 PM   #1
Jezzer
Banned
United Kingdom
24
Rep
938
Posts

 
Drives: Series 1 m coupe
Join Date: Jul 2011
Location: UK

iTrader: (0)

1M now a year old

My 1M is now coming up for a year old and all those lovely bills for tax and insurance have to be paid again.
Last year I insured with BMW insurance underwritten by Allianz. This year the premium is the same. I decided to look round for other quotes and got a quote from Allianz which was £100 cheaper than BMW insurance for basically the same insurance. Spoke to BMW and they wouldn't match it. Perhaps it's because they know how easy it is to steal my car
I went on money supermarket and the lowest quote was £279 from Sainsbury's insurance. Has anyone insured their 1M with them?
Do I pay £500 and go with BMW insurance or £279 with Sainsbury's.
I know the old saying you only get what you pay for but are there any disadvantages buying cheap car insurance?
Appreciate 0
      11-16-2012, 01:27 PM   #2
jan9
Second Lieutenant
2
Rep
241
Posts

 
Drives: NA
Join Date: Jan 2012
Location: London

iTrader: (0)

Way I see it as long as the cover provided is very closely matched and excess etc is similar, then I'd go with Sainsbury's. Also the underwriters are U K Insurance Limited who also underwrite for Direct Line, Churchill and a few others.
Appreciate 0
      11-16-2012, 03:08 PM   #3
Rsmatt
Private First Class
United Kingdom
2
Rep
154
Posts

 
Drives: BMW 1m v/a
Join Date: Nov 2011
Location: Northampton

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
My 1M is now coming up for a year old and all those lovely bills for tax and insurance have to be paid again.
Last year I insured with BMW insurance underwritten by Allianz. This year the premium is the same. I decided to look round for other quotes and got a quote from Allianz which was £100 cheaper than BMW insurance for basically the same insurance. Spoke to BMW and they wouldn't match it. Perhaps it's because they know how easy it is to steal my car
I went on money supermarket and the lowest quote was £279 from Sainsbury's insurance. Has anyone insured their 1M with them?
Do I pay £500 and go with BMW insurance or £279 with Sainsbury's.
I know the old saying you only get what you pay for but are there any disadvantages buying cheap car insurance?
Good insurance costs less at sainsbury's mate
Appreciate 0
      11-16-2012, 03:17 PM   #4
Jezzer
Banned
United Kingdom
24
Rep
938
Posts

 
Drives: Series 1 m coupe
Join Date: Jul 2011
Location: UK

iTrader: (0)

Quote:
Originally Posted by Rsmatt View Post
Good insurance costs less at sainsbury's mate
F. O. Matt
Appreciate 0
      11-16-2012, 04:26 PM   #5
Aussie_in_London
Lieutenant Colonel
Aussie_in_London's Avatar
34
Rep
1,663
Posts

 
Drives: 1M & track built Astra OPC
Join Date: Apr 2011
Location: London

iTrader: (0)

My insurance is coming up early next month, another year older, another yrs no claim and it went up 60quid, did the compare the market thing and the same insurance company comes up the cheapest and almost 300quid cheaper.......

Go with the cheapest mate, they are all the same really, leaches!
Appreciate 0
      11-16-2012, 04:34 PM   #6
Jezzer
Banned
United Kingdom
24
Rep
938
Posts

 
Drives: Series 1 m coupe
Join Date: Jul 2011
Location: UK

iTrader: (0)

I see the insurance companies still list it as an M1, couldn't find it under 1M.
Appreciate 0
      11-16-2012, 04:38 PM   #7
ozinaldo
Brigadier General
ozinaldo's Avatar
Portugal
46
Rep
3,053
Posts

 
Drives: 1M
Join Date: Jan 2011
Location: Lisbon, Portugal

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
I see the insurance companies still list it as an M1, couldn't find it under 1M.
My documents from BMW AG direct sales says it is a M1
__________________
"The mark of a great car is one whose overall competence exceeds what you should expect from its individual components and the 1M does just that", Chris Harris.
BMW 1M-SOLD-: TECH: Evolve Race+N55mids, Evolve IC, Michelin PSS, ER cp, aFe filter, CDVx, Vorshlag camber plates, BMS OCC EXTERIOR: trunk spoiler, blacklines, black grills, IND goodies INTERIOR: Alcantara steering wheel, steel pedals, custom mats, MPower e-brake.
Appreciate 0
      11-16-2012, 07:07 PM   #8
as7920
Lieutenant Colonel
as7920's Avatar
United Kingdom
35
Rep
1,772
Posts

 
Drives: AW M135i 5dr auto
Join Date: Jul 2006
Location: UK

iTrader: (0)

Just make sure when you do a comparison, the features of the policy and excesses are the same. No point being £200 cheaper if the excess is £500 more.

Also check courtesy car and legal expenses etc. most of the comparison sites require you to add these on.

FWIW, I stuck with BMW Insurance back in June. Premium went up slightly.
Appreciate 0
      11-17-2012, 08:27 AM   #9
terryb
New Member
1
Rep
13
Posts

 
Drives: soon to be E92 M3
Join Date: Jul 2007
Location: Portsmouth, UK

iTrader: (0)

I've Had mine almost a year too and just had 1st main service done after 19.5k miles and fitting Supersports to front to match the rears today too. I need to speak to the BMW service department to check if they have done an ECU update (maybe to resolve the key cloning issues) as I'm convinced the map isn't there anymore and if this is the case then DMS will reflash it
Appreciate 0
      11-17-2012, 09:06 AM   #10
ozinaldo
Brigadier General
ozinaldo's Avatar
Portugal
46
Rep
3,053
Posts

 
Drives: 1M
Join Date: Jan 2011
Location: Lisbon, Portugal

iTrader: (0)

Quote:
Originally Posted by terryb View Post
I've Had mine almost a year too and just had 1st main service done after 19.5k miles and fitting Supersports to front to match the rears today too. I need to speak to the BMW service department to check if they have done an ECU update (maybe to resolve the key cloning issues) as I'm convinced the map isn't there anymore and if this is the case then DMS will reflash it
Wrong thread maybe?
__________________
"The mark of a great car is one whose overall competence exceeds what you should expect from its individual components and the 1M does just that", Chris Harris.
BMW 1M-SOLD-: TECH: Evolve Race+N55mids, Evolve IC, Michelin PSS, ER cp, aFe filter, CDVx, Vorshlag camber plates, BMS OCC EXTERIOR: trunk spoiler, blacklines, black grills, IND goodies INTERIOR: Alcantara steering wheel, steel pedals, custom mats, MPower e-brake.
Appreciate 0
      11-17-2012, 03:08 PM   #11
Jezzer
Banned
United Kingdom
24
Rep
938
Posts

 
Drives: Series 1 m coupe
Join Date: Jul 2011
Location: UK

iTrader: (0)

Quote:
Originally Posted by terryb View Post
I've Had mine almost a year too and just had 1st main service done after 19.5k miles and fitting Supersports to front to match the rears today too. I need to speak to the BMW service department to check if they have done an ECU update (maybe to resolve the key cloning issues) as I'm convinced the map isn't there anymore and if this is the case then DMS will reflash it
Wont they know at BMW in Germany that your car has been tuned now and will automatically void your warranty?
Appreciate 0
      11-17-2012, 03:10 PM   #12
Jezzer
Banned
United Kingdom
24
Rep
938
Posts

 
Drives: Series 1 m coupe
Join Date: Jul 2011
Location: UK

iTrader: (0)

Quote:
Originally Posted by as7920 View Post
Just make sure when you do a comparison, the features of the policy and excesses are the same. No point being £200 cheaper if the excess is £500 more.

Also check courtesy car and legal expenses etc. most of the comparison sites require you to add these on.

FWIW, I stuck with BMW Insurance back in June. Premium went up slightly.
The Sainsbury's insurance ticks all the boxes and £150 excess, trying to spot the catch
Appreciate 0
      11-17-2012, 03:35 PM   #13
mlhj83
Scythe-Meister
mlhj83's Avatar
United Kingdom
22
Rep
1,035
Posts

 
Drives: '11 E92 M3 DCT ZCP
Join Date: Aug 2011
Location: London

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
The Sainsbury's insurance ticks all the boxes and £150 excess, trying to spot the catch
No catch with car insurance companies as long as they state everything clearly and you understand their Ts & Cs. It's a competitive market and each company has their own risk calculators which also adds to the difference in price. All insurance companies are against you or so to speak, they make it as difficult as possible to make a claim, which I'm sure you know. As long as you are clear about the policy, you should be fine. Also, no insurer can dictate the choice of bodyshop by law.

I was with Direct Line during the first year and Privilege for the second; despite both of them being part of the same group, the premium from Privilege was less than half that of Direct Line during renewal. Basically, it's their method of capturing market share by having different sub companies cater for different groups of drivers.

Last edited by mlhj83; 11-17-2012 at 03:45 PM.
Appreciate 0
      11-17-2012, 03:45 PM   #14
as7920
Lieutenant Colonel
as7920's Avatar
United Kingdom
35
Rep
1,772
Posts

 
Drives: AW M135i 5dr auto
Join Date: Jul 2006
Location: UK

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
The Sainsbury's insurance ticks all the boxes and £150 excess, trying to spot the catch
Well sounds like a no brainer then. Do you know who the underwriter is?
Appreciate 0
      11-17-2012, 03:50 PM   #15
mlhj83
Scythe-Meister
mlhj83's Avatar
United Kingdom
22
Rep
1,035
Posts

 
Drives: '11 E92 M3 DCT ZCP
Join Date: Aug 2011
Location: London

iTrader: (0)

Quote:
Originally Posted by as7920 View Post
Well sounds like a no brainer then. Do you know who the underwriter is?
It's UK Insurance Limited which are pretty much the underwriters for so many other companies including Direct Line AND BMW
Appreciate 0
      11-17-2012, 05:57 PM   #16
terryb
New Member
1
Rep
13
Posts

 
Drives: soon to be E92 M3
Join Date: Jul 2007
Location: Portsmouth, UK

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
Wont they know at BMW in Germany that your car has been tuned now and will automatically void your warranty?
Nope, just checked today and the ECU was not updated and nothing picked up on the service, so the DMS remap must be undetectable as indeed DMS said it would be. Also got my name down on the list for the ODB cloning software update
Appreciate 0
      11-17-2012, 06:19 PM   #17
mlhj83
Scythe-Meister
mlhj83's Avatar
United Kingdom
22
Rep
1,035
Posts

 
Drives: '11 E92 M3 DCT ZCP
Join Date: Aug 2011
Location: London

iTrader: (0)

Quote:
Originally Posted by terryb View Post
Nope, just checked today and the ECU was not updated and nothing picked up on the service, so the DMS remap must be undetectable as indeed DMS said it would be. Also got my name down on the list for the ODB cloning software update
Any remap is detectable, but not by the dealership. If there is a major issue with the engine or ECU, the ECU data does get sent back to BMW M for scrutiny and any tempering will be picked up even if the remap is no longer there. If you manage to convince any reputable tuner to state it in writing that their remap is undetectable, then I would surely like to know. There are still logs that show data values have been changed, even when original values are put back. I had a DME malfunction and it was sent back to Munich before a replacement was sent back 3 weeks later. I didn't have a remap however. Nothing wrong with remaping, but one has to accept a certain level of risk.

Last edited by mlhj83; 11-17-2012 at 06:35 PM.
Appreciate 0
      11-17-2012, 07:04 PM   #18
Artemis
Brigadier General
Artemis's Avatar
Belgium
97
Rep
3,357
Posts

 
Drives: 1M (VO)
Join Date: Jun 2011
Location: Belgium

iTrader: (0)

Quote:
Originally Posted by mlhj83 View Post
Any remap is detectable, but not by the dealership. If there is a major issue with the engine or ECU, the ECU data does get sent back to BMW M for scrutiny and any tempering will be picked up even if the remap is no longer there. If you manage to convince any reputable tuner to state it in writing that their remap is undetectable, then I would surely like to know. There are still logs that show data values have been changed, even when original values are put back. I had a DME malfunction and it was sent back to Munich before a replacement was sent back 3 weeks later. I didn't have a remap however. Nothing wrong with remaping, but one has to accept a certain level of risk.
But even if you play by the book (no tune): every M3 launch control is also irreversibly logged "and we can see that" (dixit my dealer at trade-in of my M3 for a 1M). A 'clean' record favors trade-in chances.
__________________
“For ’tis the mind that makes the body rich” (W. Shakespeare, The Taming of the Shrew, Act 4, Scene 3)
Appreciate 0
      11-17-2012, 07:22 PM   #19
mlhj83
Scythe-Meister
mlhj83's Avatar
United Kingdom
22
Rep
1,035
Posts

 
Drives: '11 E92 M3 DCT ZCP
Join Date: Aug 2011
Location: London

iTrader: (0)

Quote:
Originally Posted by Artemis View Post
But even if you play by the book (no tune): every M3 launch control is also irreversibly logged "and we can see that" (dixit my dealer at trade-in of my M3 for a 1M). A 'clean' record favors trade-in chances.
Yes, everything is logged unfortunately. But I don't plan to sell it to dealers and don't tend to use launch control too often
Appreciate 0
      11-17-2012, 07:55 PM   #20
jaffa12
Lieutenant Colonel
Australia
17
Rep
1,541
Posts

 
Drives: 1M, M235i
Join Date: Aug 2011
Location: Sydney

iTrader: (0)

Quote:
Originally Posted by Jezzer View Post
My 1M is now coming up for a year old and all those lovely bills for tax and insurance have to be paid again.
Last year I insured with BMW insurance underwritten by Allianz. This year the premium is the same. I decided to look round for other quotes and got a quote from Allianz which was £100 cheaper than BMW insurance for basically the same insurance. Spoke to BMW and they wouldn't match it. Perhaps it's because they know how easy it is to steal my car
I went on money supermarket and the lowest quote was £279 from Sainsbury's insurance. Has anyone insured their 1M with them?
Do I pay £500 and go with BMW insurance or £279 with Sainsbury's.
I know the old saying you only get what you pay for but are there any disadvantages buying cheap car insurance?
jez, even if it's a few hundred extra, get whatever best coverage for your M. after all, we have paid for your insurance premium
__________________
|Donald|e30is|e46|e46m|r32|e82m|amg45|f22|
Appreciate 0
      11-17-2012, 07:57 PM   #21
Artemis
Brigadier General
Artemis's Avatar
Belgium
97
Rep
3,357
Posts

 
Drives: 1M (VO)
Join Date: Jun 2011
Location: Belgium

iTrader: (0)

Quote:
Originally Posted by jaffa12 View Post
jez, even if it's a few hundred extra, get whatever best coverage for your M. after all, we have paid for your insurance premium
The Mats Millionaire.
__________________
“For ’tis the mind that makes the body rich” (W. Shakespeare, The Taming of the Shrew, Act 4, Scene 3)
Appreciate 0
      11-18-2012, 06:19 AM   #22
greygoose
Private
greygoose's Avatar
United Kingdom
0
Rep
53
Posts

 
Drives: 1M
Join Date: May 2011
Location: UK

iTrader: (0)

Garage List
2011 BMW 1M  [0.00]
I insured with Sainsburys as they were the cheapest last year, I haven't had to make any claims (touch wood) so can't say if they are any good or not but you do get reward points .
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 06:43 PM.




1addicts
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST