Insurance Premium

[PAB]

Hello. I am in South Africa and have recently purchased from Porsche a brand new Taycan Turbo S. The insurance company that insures my house and Macan wants to charge me an annual premium of 2.2% of the value of the Taycan. It is fully comprehensive insurance with no excess. Does 2.2% seem like a good value versus what you are paying? Thank you

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[W1NGE]

Difficult comparison but I’d say 40 - 60% more expensive than UK based on value. Age, location, security measures, driving record, blah blah make and apples to apples comparison difficult.

 

[PAB]

Difficult comparison but I’d say 40 - 60% more expensive than UK based on value. Age, location, security measures, driving record, blah blah make and apples to apples comparison difficult.

Thank you Winge. So at 40-60% more expensive than UK would mean an annual premium for me of 1.4%-1.6%. Thanks again.

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