Insurance Premiums on M Coupe

Pheonix · 01-12-2012, 07:01 PM

About $900/year for both my 2007 Mcoupe and the beater Honda (for the winter) full coverage with $500 deductible

Caddyshk · 01-12-2012, 07:27 PM

$1,250 per year - $2,500 Deductible - Clean and Old

. Welcome to Socialism

Other car

2012 Civic $1,350 per year - $2,500 Deductible

New

$70,000 Car - 340HP - $1,250
$18,000 Car - 140HP - $1,350

Priceless...

Caddyshk · 01-12-2012, 07:29 PM

Apparently I could be driving both at the same time too

mikeinsf · 01-12-2012, 07:34 PM

Quote:

Originally Posted by txz4

...and this is why it sucks being a young person with a nice car. if you want to add all of your rates you will be approaching mine lol

LOL... this fact is what cushioned the realization that I'd turned 30. In November is when a ticket will fall off my record and I'll be down to about $110/month with GEICO.

In Massachusetts where I grew up, there are revenue generators with radar guns EVERYWHERE. I got so many tickets I was eventually suspended as a "habitual traffic offender". Before that happened, I was paying about $2500, anally (ahem, annually) for insurance. One reason I'm much happier in California.

jophish17 · 01-12-2012, 08:06 PM

Quote:

Originally Posted by mshanno1

I dont think it does anything. I believe they just pay for the advertising.

This is probably true - however, they were much cheaper with the same coverage for me. I was quoted at $440/month with one company (still much better than the $600/month I was quoted as a new driver at age 16 by Progressive)

I've been in 2 accidents though - I have no tickets outside of these accidents, so luckily they will fall off rather soon (I think the first one from when I was 21 may already have done so if they just go back 3 years)

Caddyshk · 01-12-2012, 08:09 PM

Under 25's in Canada can pay $5K per year...

Shipkiller · 01-12-2012, 08:24 PM

As some have said, many factors go into your premium.

Age
Driving history
LOCATION
Number of vehicles the company has insured.

Different companies will give different quotes on the same car.

Currently, I am with StateFarm and insure five vehicles plus the house.
The 08 MC, 03 Z4 Roadster, 06 Honda Accord and a 97 F-150. I also have my sons 03 Explorer on the policy until July. Then he gets cut loose.
All but the F-150 have full coverage.

$100 collision deductible/0 comprehensive with very large limits. 500K/1M.
No rental cars provided since I have enough vehicles to cover that.

The MC costs me $600 year....
The Roadster is $500 year....
The Accord is $400 year....
The Explorer is $1200 year...

I keep the collision deductible at $100 since the price difference between $100 and $500 is all of $40 year... not really worth it.

mikeinsf · 01-12-2012, 08:26 PM

An enviable collection you have, Shipkiller.

Mtxzptlk · 01-13-2012, 01:27 AM

Quote:

Originally Posted by Shipkiller

As some have said, many factors go into your premium.

Age
Driving history
LOCATION
Number of vehicles the company has insured.

+1

Recently moved to a different part of town, was paying $140ish/mo now dropped down to $128/mo. 30, Allstate, full coverage with multiple policy discount.

Somehow I still feel like i'm getting raked compared to the deals you guys are getting.

esqu1re · 01-13-2012, 09:24 AM

Quote:

Originally Posted by Mtxzptlk

+1

Recently moved to a different part of town, was paying $140ish/mo now dropped down to $128/mo. 30, Allstate, full coverage with multiple policy discount.

Somehow I still feel like i'm getting raked compared to the deals you guys are getting.

Probably your age, location, marital status, house ownership, and / or miles driven per year is/are different from others...

Swanicyouth · 01-13-2012, 09:52 AM

180 a month. 500 dollar deductable all on 01 Pathfinder and 08 MRoadster with State Farm. That comes to about 2k a year. Mid coverage. Im 39 y.o. in PA USA. Clean driving record for 5 years, no points or accidents. I was with Progressive, who will try to put used parts on your car if your in an accident if any are available and your car is > 1 yr old. I was paying about 250 a month with them.

Hawkeye · 01-13-2012, 10:31 AM

~$450 / 6 months with $500 deductible. It helps if you have more than one vehicle and other deductions like a house and a decent driving record (only a ticket or two). That is for my 3.0si, but from what I have read they are not that different in insurance price. I am 27, single, homeowner and live in Iowa.

That is approximate cause I can't remember the full breakout. I pay $160 a month for $500 deductibles on my 07 Z4, 08 Titan, 08 R6 and that includes my homeowners insurance as well.

mshanno1 · 01-13-2012, 01:32 PM

Quote:

Originally Posted by Hawkeye

That is for my 3.0si, but from what I have read they are not that different in insurance price. I am 27, single, homeowner and live in Iowa.

You're right, my M coupe is only $5 more per month than my 3.0si roadster...I was pretty surprised

Jbs · 01-18-2012, 01:33 PM

im 21, have 2 speeding tickets, and pay $280/mo with a $1000 deductible. cannot wait to be 25.

mikeinsf · 01-18-2012, 01:47 PM

Quote:

Originally Posted by Jbs

im 21, have 2 speeding tickets, and pay $280/mo with a $1000 deductible. cannot wait to be 25.

I was there. The best drop is at 30. Soooo much cheaper.

Nikki · 01-18-2012, 02:56 PM

I'm at $1870/yr with Amica.

bajaracer · 01-18-2012, 05:03 PM

2007 Z4, Los Angeles $750.00 for 6 months at Farmers

beta · 01-18-2012, 05:14 PM

Quote:

Originally Posted by Nikki

I'm at $1870/yr with Amica.

Wow that's almost double what I'm paying with Amica. I do have some discounts for being over 30, and for some reason they counted my motorcycle safety foundation course from when I got my motorcycle years ago.

msh441 · 01-18-2012, 10:45 PM

OK... After reading he WHOLE thread, I don't feel as bad ad I initially did.

-Married
-39
-A handful of speeding tickets, but nothing in the last 3 years
-Pacific Northwest Washington
-100/300/50 w/$120 comp deductible and $500 collision
-25k uninsured motorist
-includes towing and roadside assistance
-Insuring EVERYTHING through Farmers

$496.30 every 6 mo.

mikeinsf · 01-19-2012, 11:18 AM

Quote:

Originally Posted by msh441

OK... After reading he WHOLE thread, I don't feel as bad ad I initially did.

-Married
-39
-A handful of speeding tickets, but nothing in the last 3 years
-Pacific Northwest Washington
-100/300/50 w/$120 comp deductible and $500 collision
-25k uninsured motorist
-includes towing and roadside assistance
-Insuring EVERYTHING through Farmers

$496.30 every 6 mo.

I think you win.

claritycheck · 01-19-2012, 04:45 PM

$500 deductible.
$1600 every 6 months.

Finnegan · 01-19-2012, 05:58 PM

Quote:

Originally Posted by e for effort

$500 deductible.
$1600 every 6 months.

Ouch!

01-12-2012, 07:01 PM	#23
Pheonix Major 376 Rep 1,001 Posts Drives: 2007 Z4 M Coupe 2012 e93 M3 Join Date: Sep 2008 Location: Bay Area, CA iTrader: (8) Garage List 2007 BMW/Z4MC [0.00]	About $900/year for both my 2007 Mcoupe and the beater Honda (for the winter) full coverage with $500 deductible
	Appreciate 0 Quote

01-12-2012, 07:27 PM	#24
Caddyshk M = Midlife Crisis 65 Rep 2,006 Posts Drives: 2006 Z4MC Interlagos Join Date: May 2007 Location: Fort Erie, Ontario, Canada iTrader: (0)	$1,250 per year - $2,500 Deductible - Clean and Old. Welcome to Socialism Other car 2012 Civic $1,350 per year - $2,500 Deductible New $70,000 Car - 340HP - $1,250 $18,000 Car - 140HP - $1,350 Priceless... __________________ 2006 Z4MC - #LL93158 SS Race Cans, RE X Pipe, DKF Sec 1, Fabspeed Headers, OE STB, AS Shifter, Dave Z CDV, GC Coil Overs, Stoptech lines, Hawk DTC Pads, RE Clutch Stop, RE Transmission Mounts, Vibra-Technics Engine Mounts, Poly FCAB & RTAB, LeatherZ M Shift Boot, Tekarbon Rear Spoiler, CF Grills, Advan RS DGM
	Appreciate 0 Quote

01-12-2012, 07:29 PM	#25
Caddyshk M = Midlife Crisis 65 Rep 2,006 Posts Drives: 2006 Z4MC Interlagos Join Date: May 2007 Location: Fort Erie, Ontario, Canada iTrader: (0)	Apparently I could be driving both at the same time too __________________ 2006 Z4MC - #LL93158 SS Race Cans, RE X Pipe, DKF Sec 1, Fabspeed Headers, OE STB, AS Shifter, Dave Z CDV, GC Coil Overs, Stoptech lines, Hawk DTC Pads, RE Clutch Stop, RE Transmission Mounts, Vibra-Technics Engine Mounts, Poly FCAB & RTAB, LeatherZ M Shift Boot, Tekarbon Rear Spoiler, CF Grills, Advan RS DGM
	Appreciate 0 Quote

01-12-2012, 08:09 PM	#28
Caddyshk M = Midlife Crisis 65 Rep 2,006 Posts Drives: 2006 Z4MC Interlagos Join Date: May 2007 Location: Fort Erie, Ontario, Canada iTrader: (0)	Under 25's in Canada can pay $5K per year... __________________ 2006 Z4MC - #LL93158 SS Race Cans, RE X Pipe, DKF Sec 1, Fabspeed Headers, OE STB, AS Shifter, Dave Z CDV, GC Coil Overs, Stoptech lines, Hawk DTC Pads, RE Clutch Stop, RE Transmission Mounts, Vibra-Technics Engine Mounts, Poly FCAB & RTAB, LeatherZ M Shift Boot, Tekarbon Rear Spoiler, CF Grills, Advan RS DGM
	Appreciate 0 Quote

01-12-2012, 08:24 PM	#29
Shipkiller Colonel 187 Rep 2,138 Posts Drives: Me Join Date: Oct 2007 Location: Virginia Beach iTrader: (3) Garage List 2008 BMW Z4M Coupe [8.50] 2003 BMW Z4 Roadster [8.33]	As some have said, many factors go into your premium. Age Driving history LOCATION Number of vehicles the company has insured. Different companies will give different quotes on the same car. Currently, I am with StateFarm and insure five vehicles plus the house. The 08 MC, 03 Z4 Roadster, 06 Honda Accord and a 97 F-150. I also have my sons 03 Explorer on the policy until July. Then he gets cut loose. All but the F-150 have full coverage. $100 collision deductible/0 comprehensive with very large limits. 500K/1M. No rental cars provided since I have enough vehicles to cover that. The MC costs me $600 year.... The Roadster is $500 year.... The Accord is $400 year.... The Explorer is $1200 year... I keep the collision deductible at $100 since the price difference between $100 and $500 is all of $40 year... not really worth it.
	Appreciate 0 Quote

01-12-2012, 08:26 PM	#30
mikeinsf First Lieutenant 10 Rep 335 Posts Drives: 2007 M Roadster Join Date: Apr 2011 Location: San Francisco, CA iTrader: (1)	An enviable collection you have, Shipkiller. __________________ 2007 ///M roadster
	Appreciate 0 Quote

01-13-2012, 09:52 AM	#33
Swanicyouth Private 1 Rep 66 Posts Drives: Z4M Join Date: Mar 2011 Location: Limerick PA iTrader: (0)	180 a month. 500 dollar deductable all on 01 Pathfinder and 08 MRoadster with State Farm. That comes to about 2k a year. Mid coverage. Im 39 y.o. in PA USA. Clean driving record for 5 years, no points or accidents. I was with Progressive, who will try to put used parts on your car if your in an accident if any are available and your car is > 1 yr old. I was paying about 250 a month with them.
	Appreciate 0 Quote

01-13-2012, 10:31 AM	#34
Hawkeye Brigadier General 2070 Rep 4,365 Posts Drives: '07 Z4 Coupe, '21 X3, '16 GMC Join Date: Aug 2007 Location: Iowa iTrader: (0) Garage List 2016 GMC Sierra SLT [10.00] 2008 Yamaha R6 [9.00]	~$450 / 6 months with $500 deductible. It helps if you have more than one vehicle and other deductions like a house and a decent driving record (only a ticket or two). That is for my 3.0si, but from what I have read they are not that different in insurance price. I am 27, single, homeowner and live in Iowa. That is approximate cause I can't remember the full breakout. I pay $160 a month for $500 deductibles on my 07 Z4, 08 Titan, 08 R6 and that includes my homeowners insurance as well. __________________ 2007 Z4 3.0si Coupe • 6 MT • Black Saphire Metallic • PP • SP 2016 GMC Sierra SLT Z71 Premium Plus 4x4 2017 Harley StreetGlide • Denim Black • V&H Tune 2021 BMW x30i • Phytonic Blue Metallic • Fully loaded
	Appreciate 0 Quote

01-18-2012, 01:33 PM	#36
Jbs The Photographer 76 Rep 628 Posts Drives: 07 Z4MC BSM/Black extended Join Date: Sep 2008 Location: Los Angeles iTrader: (0)	im 21, have 2 speeding tickets, and pay $280/mo with a $1000 deductible. cannot wait to be 25. __________________ John Batte Photography / Flickr / Facebook 2007 ///M Coupe BSM/Black Extended/Loaded \| RPi GT Exhaust w/custom gloss black tips \| KW V3 \| Michelin PSS 245/265 \| Pinnacle F1 Tint 35% \| ZHP Shift Knob
	Appreciate 0 Quote

01-18-2012, 02:56 PM	#38
Nikki Major General 990 Rep 6,381 Posts Drives: Sepang Z4MC Join Date: Aug 2005 Location: LA iTrader: (9)	I'm at $1870/yr with Amica. __________________ Nikki
	Appreciate 0 Quote

01-18-2012, 05:03 PM	#39
bajaracer Private 7 Rep 57 Posts Drives: Racecar Join Date: Jan 2012 Location: United States iTrader: (2)	2007 Z4, Los Angeles $750.00 for 6 months at Farmers
	Appreciate 0 Quote

01-18-2012, 10:45 PM	#41
msh441 Second Lieutenant 17 Rep 219 Posts Drives: 2007 BMW Z4 M Coupe Join Date: Nov 2011 Location: Pacific Northwest iTrader: (1) Garage List 2000 Volve S70 se [0.00] 2000 Triumph Dayton ... [0.00] 2007 Husqvarna TE250 [0.00] 2002 Ducati Monster ... [0.00] 2007 BMW [0.00]	OK... After reading he WHOLE thread, I don't feel as bad ad I initially did. -Married -39 -A handful of speeding tickets, but nothing in the last 3 years -Pacific Northwest Washington -100/300/50 w/$120 comp deductible and $500 collision -25k uninsured motorist -includes towing and roadside assistance -Insuring EVERYTHING through Farmers $496.30 every 6 mo.
	Appreciate 0 Quote

01-19-2012, 04:45 PM	#43
claritycheck Rolling Republic 14 Rep 236 Posts Drives: M Coupe Join Date: Oct 2009 Location: Sacramento iTrader: (1)	$500 deductible. $1600 every 6 months. __________________
	Appreciate 0 Quote