Top Tips To SAVE £££ On Electric Car Insurance


welcome to today’s video today’s video
I’m going to be going back really to do an old video I did about electric car
insurance but I’m gonna add some new details to this and that is there is
certain questions that you can answer differently legally as long as you’re
telling the truth that will dramatically decrease the price of your car insurance
and depending on the insurer there’s some certain days you can apply for your
car insurance quote which will drastically affect the end price you pay
on the quote and in some respect it can save you hundreds and hundreds of pounds
by just getting your quote on a different selective day now if you don’t
know who I am I’m Nicolas Remo I make videos every single week about electric
cars transport etc now if you’re interested in watching more videos about
electric cars learning more about EVs and other things regarding that kind of
green technology area please click down below the little subscribe button and
give this video a thumbs up at the end if you’re enjoying it now let’s skip
straight into some of the things that you can do now some of these things I
mentioned it’s very important that I stress that you only do these things if
they apply to you and it’s legal so don’t try and change something that
isn’t true but some of these things that you can answer on electric car insurance
and general car insurance questions that will dramatically reduce the price
you pay so number one is if you’re living with your partner put it on the
quote that you’re living with a partner don’t put a single if you’re living with
your partner put that if you’re married put that if you have children put that
because having children having have being married and living with a partner
means that for some reason I’m under insurance purposes you are less of a
risk of having a crash therefore it lowers your premium price now there’s
some other things that you can do which is slightly altering your job title
around so we’re not saying to tell me you do something else we are just
talking about changing the description of your job so for example if you are in
my job a car sales manager sales manager might be a cheaper alternative in saying
car sales manager so I’m still telling the truth I am a sales manager
I’m just not putting the car sales manager at the start and there is a
website money-saving expert which will give you a list there’s a link down
below give you a list of all the different job titles that you can use
which it you’ve put your job title in and it will give you a list of five and
you just pick the one that sounds the most applicable to you some of them may
not apply to you in which case do not use them and it will tell you if that
job description is a more expensive premium or a cheaper premium when you
add it in which is a great little tool so that’s the first one I advise to use
this next one is very important that you don’t lie you tell the truth and that is
where you park your car now the insurance question when they ask you is
where you usually park your car at night now it’s very important to note that if
you park it on the road that is the most expensive option reason is if you park
it on the road you’re more likely to have your car damaged by a driver
uninsured driver who may not leave these details at night after he hits your car
and writes off your your brand-new Renault Zoe or brand-new Nissan Leaf so
don’t Park it on the road park it in your garage you may say that might be
the safest option it’s hidden away it’s less likely to be stolen yes that is
cheaper than the road but it’s more expensive than parking you drive and
there’s a couple of reasons for that one if your car got stolen while it’s in the
garage you might not notice until a couple of days if you’re not using the
car for a couple of days the burglars could have stole your car out of the
garage close the garage back up and you were none the wiser you wouldn’t be able
to report that stolen car for a couple of days number two is you’re more likely
to hit your garage and damage it and if you damage that garage the insurance
company have to firm pay for the car and the garage to be fixed which is more
expensive you drive is the cheapest option so if you can park on the drive
for the majority of your driving between two cars if you can mainly be on the
drive the most that is the cheapest option very quick side note if you don’t
want to follow any of these tips and you just want a pretty decent quick cheap
insurance there is a company I mentioned at the end where none of these tips will
apply to they just give you the best quote regardless of when you get the
quote on how you do the quote these two are odd ones that you wouldn’t naturally
think of the ones you could probably work out
yourself put these two are odd for insurance companies they are the oddest
and number one is fully comp is cheaper than third party usually and the reason
for that is insurance companies think if you are willing to insure a car third
party then you’re less responsible in your driving manner you basically don’t
care about the car you driving therefore it hires the risk so if you get a quote
for fully comp it will naturally be cheaper
the other one is some research conducted by again money-saving expert which
looked at when people got the quote thirty days up to the day before the
insurance quote and they found that the they basically plot it on a graph which
I’ll display lovely on the side of the screen here and they found that 21 days
into before your renewal quote was the cheapest date to get your insurance
quality it could differ by a huge amount according to the graph so yes if you’re
gonna get a insurance quote 21 days before the renewal is the cheapest point
which neatly brings me on to which company to use for your electric car
insurance now I have a Renault Zoe 22 kilowatt battery lease for the wife and
that is the car that I’m going to be using this insurance quote now it’s very
worth noting that I also have a BMW i3 120 amp hour which I also run the quote
in exactly the same manner for this video I’m going to be using the Zoe
battery lease because it adds a little bit of complexity and all the other cars
will be a lot of simple to do they’re Zoe’s the hardest to do so therefore if
you’re watching with a Zoe this video is simple if you’re watching with any of a
car just do it as normal so if you have a battery lease it’s very worth noting
that most insurance companies will need to know the price of the car plus the
battery lease so with the car cost you six grand for
example and the battery lease contract says the battery six-round
you need to add six plus six 12 grand very simple that’s all you need to do
for every other car you just set the total price of your car if it’s a non battery lease just state the total price of your car now LV have come up with some
electric car insurance and they are the first
to market they’re not but we’ll just play along with them and that is that
they offer you breakdown insurance as part of it if you run out of charge if
you have a battery lease zoe you don’t need this element of battery recovery
because it’s included in your battery lease but if you’re non battery lease
then it’s useful and for other people it is useful as well so is a nice little extra to
have but it’s not it’s not a deal breaker most insurance companies don’t
charge much to add breakdown cover on anyway now
LV came up with a price after using all the tactics I know that make the
quote a little bit more affordable a bit cheaper and that is me as a second
driver because I do drive the wife’s car so I need to be insured on it like that
decreases it she watch it on the drive because she needs to charge it we
haven’t got a charger in the garage and she can’t charge it on the road so 50%
of the 52% of the time 53% of time majority of the time she’s on the drive
so therefore that was put into that equation they came up with I’ll have to get
my notes because I can’t let’s see my screen shot they came up with four
hundred and seventy three pound which is more than I paid last year with plug in sure so I was like well pluginsure sent me a renewal quote yet and
typically when you get in your quote back it’s it’s usually more so or maybe
I’m sure it’s just technically go up as claims and people and crashes so I was
like I’m after a bit more for the wife’s car insurance
panic then I decided to use a general compare website I think this one was
money supermarket and the cheapest came back was esure a little bit less
shocking they came in it £397.95 and that was including the total price the car
with the battery lease and the battery which is still dearer than what I paid
the year before so I rang plug insure and I asked them where my renewal
document was and they said oh we just post it out to you today and I was like
great and then it came in the post and was it more no it was actually less than
the year i paid before not a lot less 3 pound to be precise 3 pound than a couple
of pence less than they paid last year but what a shock first time I’ve ever
ever had a renewal from the current insurance company I am with that was
less than I paid them in the previous year so plug in sure if you don’t know
who they are I did a video about them last year when I first discovered who
they were they are a electric car specialist for insurance that’s pretty
much all they do BMWs Nissan Leafs the new mg EZs they’ve been doing
quotes on which I’ve seen quite competitive quotes often for the only
manufacturer they do not insure on is Tesla they can’t get anywhere close on
price so if you have a Tesla it’s not worth going to plug-insure if you have
a Jaguar ipace a BMW i3 any other electric car that is not a Tesla plug
ins full electrics then go and use pluginsure they are super cheap but
cheap there’s probably a wrong word they are more competitive than other insurers
with a lot of benefits they’re a family-run company they’re based in
Derbyshire they’ve been really helpful with me with sort of giving me
information on what I need to know about electric cars and insurance wise they
have also a supporter of Derbyshire Ev’s they’re a sponsor of Derbyshire Ev’s so they pay
for leaflets and some of the Derbyshire EV’s associated things and they’re a
family business local family business in Derbyshire and seem to be coming up
cheaper than all the compare websites so thank you from me to pluginsure if you do use them just let them know that I sent you
I’d like to let them know that for their support in other EV communities
that I’m telling you how good they are they insured the BMW for example for I
think it was£400 I think it’s four hundred pound dead on actually I
think it’s four hundred pounder BMW dead on which was I think the cheapest quite
a handle and moneysupermarket website at the times like five hundred and fifty
quid so it was how they’re cheap I’m not just telling you to go there because I
use them I’m telling you to go there because they are the cheapest if there
was a cheaper quote somewhere else I’d be making your video saying how cheap
the other companies were I would hoping that LV we’re going to absolutely
blow Plugunsure out the water after i was speaking to them at fully charged and
they’ve not got anywhere close so thank you so much for watching this week’s
video please check out my other videos and don’t forget to click the subscribe
button and check out patreon thank you so much and I will see you again next
week

21 comments

Great video as always you have been a great help in my research before I ordered my Zoe. For me though LV were cheaper than PlugInsure sadly.

I’d like to know how easy it is to claim in the event of a crash with these smaller companies. When I bought the 2018 Nissan Leaf in sept 2018 it was a 6 month old car and just switched the car on my current insurers (e-sure) and it came in at £330 fully comp with E-sure and ended up being a fiver dearer than my insurance for the Audi Q5 S-line. This was not too bad I felt 😅

Good advice as usual
I renewed my zoe insurance a few weeks ago, ended up staying with my original company who managed to take over 100 off the renewal quote when I showed that pluginsure, LV and Tesco were all much cheaper. Premium down from £ 450+ to £350 just by checking around and going back to my local broker, enabling me to stay with same company no getting proof of no claims etc.
Keep the videos coming

Thanks for this Nick. I took your advice when we spoke and went with pluginsure. I must admit I searched across all the comparison sites and even my favourite adrian flux who ALWAYS give me the best price couldn't match them. The guy was a great bloke who couldn't do enough to explain things to me…. That's the advantage of a family run business (like yours come to that… Thanks for helping me buy my Zoe). My quote was £273 for a brand new ze40 Dynamique Nav r110 AND he promised he would beat that price next year. I have a partner, no kids, a drive way and I'm am 'administrator' at a B&B aged 49. Thanks again for the heads up 🙂

Great tips.
Electric vehicle drivers are a good risk for insurance companies.
EV drivers are just nice people that care about the environment and care about saving money 🙂
Electric vehicles are better than ICE vehicles. Less fuel costs, less maintenance costs and they last longer.

Lol that must be the most expensive quote I got back £5006.54 for my post code £356.00 for my mother’s that’s with just changing the post code

Another really informative vid Nick, thanks again. Did PlugInsure tell you what the reason was for not being as competitive for Tesla vehicle drivers? Cheers and keep these vids coming, yours is a great EV channel

Great video. What I have found after looking, my Zoe is due for its second year if insurance in a month, is that PulgInsure don’t insure drivers under 25, so I cannot use them:(

Thanks Nic – I was with pluginsure with my Zoe – shopped around this year but could not beat pluginsure when I squirrelled down to the small print , pluginsure were mega helpful when I wanted to add my Australian sister in law for 2w. That said I have a hunch LV’s new EV insurance May be more competitive next year but who knows I shall wait and see. I do agree the personal friendly / family approach and going the extra mile was great , which you don’t get from a call centre.

LV were competitive on my Tesla M3. I switched my insurance to the Tesla but then wanted a temp insurance on the previous i3 to drive it to a dealer but adding the i3 + Tesla to my insurance reduced my overall premium and I received a refund 🙂

Hi my current insurance £550 for the year onecall ins. After your advice I got a quote from pluginsure. Just under a grand and the reason given was my post code. I own a Nissan leaf no points or convictions full no claims 56 yrs old married children and car garaged over night fully alarmed. So sorry they are not the cheapest. Oh and I drive for a living. 🤓

Thank you for the tips. A few years ago I changed from married to divorced which caused a huge price increase. Apparently divorced (previously responsible and safe) is the same as reckless single boy racer. Perhaps I could say my partner's name is Zoe?

I was paying about £550 with Esure for my Kona (garaged, max NCD). My girlfriend bought a petrol Smart- she was quoted ~500 for just her, as she hasn't built up any NCD.

From LV, I got £550 to cover both cars with both named drivers and breakdown nationwide recovery on the smart. (this broke down to about 250/300 for the Kona/Smart)

We recently obtained numerous car insurance quotes at the 21 day point before renewal, OL6 8 postcode. Renewal from Aviva was £340. Pluginsure quoted £2,462.46 for our battery lease 2018 R110 Zoe Signature Nav, fully comprehensive, husband and wife to drive with daily commute, full protected no claims bonus, both with clean licence, no accidents, no claims, car parked on our driveway overnight. All other quotes were around the £350 -£450 range. We eventually went with Saga at £358 which better suited our needs. Perhaps we need to move to Derbyshire!

Hi Nick, quick question for you. I think I remember in one of your vlogs about the tyre pressures for the Zoe should be 40psi in summer. Am I remembering this correctly?

Thanks for your advice but plug insure are awful to deal with. I literally can’t get a policy with them because there is never anyone available to speak to. Totally useless.

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