I had a pleasant surprise today! The insurance premium on my 2021 SE has only gone up by £157 this year to £1756! After all the horrors one hears about what some people are paying it was a great relief!!  All LR cars from 1984
2021.5 Vogue SE D300 Carpathian Grey
2018 Vogue SE British Racing Green GONE

If mine only goes up say 10% in November I’d consider it a win too. Funny how our expectations change! L405 P400e Autobiography (MY2020)... Silicon Silver / Espresso

My experience yesterday was far from pleasant! I'm currently paying £836 a year for an L494 RRS with the 5 Ltr supercharged engine. Was hoping to buy a very nice 2020 L405 P400e but my current insurer (Hastings) wouldn't cover it. Eventually, the only quote I could get was from Admiral at £1326. Use is social only (no commuting etc), a max of 3,000 miles/year, kept in locked garage at night and most days (protected by an alarm, CCTV and Herr Dobermann) and 40+ years NCD. Sad thing, in the thirty minutes it took to arrange a quote from someone else, another salesman took a phone reserve for the car from another customer.

Two questions: Is, is the cost differential between the RRS and FFRR down to the FF being a PHEV? Secondly, if I was to get a third party (not JLR) tracker fitted, would this make much of a difference to a quote?

L405 may be more targeted than L494 perhaps but the cost of repairs are surely the same. An insurance quote on an L494 P400e would settle it. But I suspect the additional cost of repairs on a PHEV drives the cost in some significant part. If an insurer already has met a certain level of risk exposure threshold on a risk it considers insurable then it makes any future applicants pay a punitive premium to either deter needing to accept this risk or balance the the risk exposure in the books. When I renewed with Direct Line last year (renewal quote better than the open market) I asked what could reduce the premium eg fitting a Ghost immobiliser and was told No, there was nothing I could do. This means where I live and what I drive, mainly, had hit a certain risk exposure limit for Direct Line and they’d prefer to price themselves outside of the competitive market, at least for new policyholders, than readily take more of ‘that’ risk onto their books. The metrics they have on risk is exceptional so it’s all brutally mathematical, calibrated to their business strategy. When most insurers adopt the exact same business strategy, ie risk adversity, the consumer gets shafted and certain areas or vehicles can become close to uninsurable.

To put it in context, I attempted to insure mine third party only and the open market quotes were higher than fully comp. Go figure. It’s the car that’s in their bad books regardless of risk type. Yet I’m sure they know what they’re doing (not). L405 P400e Autobiography (MY2020)... Silicon Silver / Espresso

Thanks, ilard. Looks like I'll just have to bite the bullet on the insurance front. Perhaps if I remind myself that once the P400e hits 5 years, the combined VED & Insurance on it will £100 less than my combined VED & Insurance at present.

renewal with Esure was £1200, similar to last year, just got with Tesco for £866, an improvement on last year so cant complain too much First time FFRR owner

My insurance with Admiral, for 10,000 miles and business use actually went down by £200 this year which really just shows that insurance is very much a lottery and what is good for one is no good for another! 2011 L322 Autobography - a lot of bells and some of the whistles...owner with no idea!