Insuring a lease car

[Chris-91]

I have a tesla model 3 coming that the business is leasing, but I will be the driver. Has anyone any experience with this? When I quote as the finance company as the registered keeper and legal owner the cost doubles.

Any idea where I am going wrong?

 

[purplea4T]

Not sure, I'm on my 4th lease and I've never paid over the odds on any of the policies. Maybe it'll be a case of ringing and speaking to a real person in case its messing up the algorithm.

 

[gpaevo]

I have a tesla model 3 coming that the business is leasing, but I will be the driver. Has anyone any experience with this? When I quote as the finance company as the registered keeper and legal owner the cost doubles.

Any idea where I am going wrong?

Are you the only one on the policy? Did you specify that? They may believe being business that anyone can drive it.

 

[Gavlar]

.

 

[pablo]

Not sure, I'm on my 4th lease and I've never paid over the odds on any of the policies. Maybe it'll be a case of ringing and speaking to a real person in case its messing up the algorithm.

Same on both my leases across 3-4 insurance companies. None cared.

 

[davyk31]

My insurance was a bit higher for a leased car and they also removed the facility to drive other cars. This was with Admiral and guess the assumption is that a driver May be less careful with a leased car than one he owns.

 

[Marc]

I have a model 3 on lease and have it insured through PSA or Peugeot insurance with no issues.

 

[pablo]

My insurance was a bit higher for a leased car and they also removed the facility to drive other cars. This was with Admiral and guess the assumption is that a driver May be less careful with a leased car than one he owns.

I was with admiral there and there was no mention of that. Price was good too.

 

[Deezer-D]

My leased Golf R was £208 to insure (think with Direct Line)

 

[davyk31]

Don’t think my price was much higher but certainly the driving other cars was taken away and when I enquired why they said it was because the insured car was not owned by me.

 

[pablo]

Don’t think my price was much higher but certainly the driving other cars was taken away and when I enquired why they said it was because the insured car was not owned by me.

what a load of ballix. how can it matter?

 

[davyk31]

Agree that really doesn’t make sense and I would have argued more but I have a second policy that lets me drive any car so it wasn’t an issue.

 

[Graham2]

Mines insured through Direct Line, same circumstances. Try them.