Insurance Rates

[RMNB]

Originally Posted by LukeM15

Full Coverage $237.00 per month with Erie Insurance 2 vehicles the M3/Q5.

Erie is usually pretty good as long as you're squeaky clean. Their underwriting is strict so that's why their rates are so good imo. Other companies want to market to the masses and let most knuckle heads in the door with a couple of tickets or an accident which always increases their loss ratio's down the road which means everyone has a rate increase due to the knuckle heads. Unfortunately this is how auto ins companies rate their customers not to mention credit scoring plus 100 other things.

Smart thing to do is always always have high LIability limits, package Home/Auto with the same company and ASK FOR ADDITIONAL DISCOUNTS!!!
Seems nowadays everyone comes up with gimmicky discounts which are short term and then fall off but at least take advantage of them.

BUT IF YOU DON"T ASK YOU WON'T GET'EM. Trust me...agents make their money off higher premiums... hint hint!!

[KnightedBMW]

Geico $820.30/6 months

$1000/$1000 deductible. Anything less than that, I'll pay out of pocket.

[EALm4]

$1250

500/500 deductible via State Farm

[DL3]

Originally Posted by EALm4

$1250

500/500 deductible via State Farm

Length?

[instantexpert]

Allstate 600 deductible w/premium accident forgiveness... - $1425/6months

w/o premimum features... $1200/6 months

I live in Chicago and insurance is expensive here!

[showmejoec]

Just got my car last month. Went from $903 for my 2014 335i to $1677 for the M3. Yikes.

[nike001]

Originally Posted by showmejoec

Just got my car last month. Went from $903 for my 2014 335i to $1677 for the M3. Yikes.

Yikes is right.

I think I'm $1190 for the year @ 25 with nothing on my record

[DL3]

Originally Posted by showmejoec

Just got my car last month. Went from $903 for my 2014 335i to $1677 for the M3. Yikes.

What carrier??

[showmejoec]

Originally Posted by DL3

What carrier??

Safeco

[DL3]

Originally Posted by showmejoec

Safeco

Had them...Usual B.S, perfect record and premiums kept on rising, Bye Bye Safeco.

[m3forme2016]

I pay $492 for 6 months for 2 drivers with multi-car discount.

Without multi-car discount it is $685 for 6 months. Not cheap but not really expensive.

[shashi05]

1320 for 6 months with 1000 deductible

[CrazyWitness]

1270 for 6 mont with 500/500 also I am 25 years old

[av0789]

27 years old, clean record, Geico 1000/1000, 505 per 6 months

[damageprone]

32 yo

Geico $721/6 months for the M3 with another car on the plan.

I miss Wawanesa...

[jailonacs99]

USAA, 35, $784 / 6 mos. My coverages are way above min's though. $300 deductibles and $1M/$500K per occurrence. More than I need but dropping them wouldn't change my rates too much unless I raise the deductibles.

My 335is was about $150 cheaper / 6 mos.

[Almin.M3]

I pay $502 every 6 months for my M3 in Iowa

[jzmundy]

28 yo, clean record

$500k SLL, $250/500 comp/collision deductibles

I pay $560 every 6 months with Progressive

[FlyingLow78]

As an American living in Italy, I have the option of either Geico or USAA, and I go with the latter. I pay $4100 per year averaging 8000 miles annually.

What do I get for my hard-earned greenbacks? A piece of paper saying something about €5.6M bodily injury, €1.1M property damage, $1000/$1000 deductibles, and a driving record with no tickets or accidents in 17 years.

When I lived in Korea, I could insure my little Korean car for - no kidding - $10 per month.

[ejonsson90]

$1200/yr with a $500 deductible (AAA).

Don't have the rest of the specifics on hand but the plan is quite comprehensive.

[EALm4]

Originally Posted by DL3

Length?

Not sure how I missed this but it's for 12months.

However, I received a rate increase notification that allegedly effects all cars in MD due to the shitty drivers here. Went up $300 a year.

[fakecanad]

You guys are (mostly) so lucky. Here in Dubai the best possible rate you get for an new M car is 4.4% of value.

Our cars are even more expensive here. I'll list prices and insurance in dollars to make this easy to understand (this is for a fully specced non-ZCP M4 also excluding ceramic brakes).

List price: $114,300 (AED 420,000)
"dealer discount": $99,100 (AED 364,000)
What I paid (corporate discount): $90,400 (AED 332,000)

Insurance this year for me (4.4% of value) $3,950