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07-09-2012, 03:29 PM | #1 |
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Just moved to LA from Illinois and am working on getting my insurance transferred over. After experiencing the sticker shock from talking to the local State Farm agent (who I currently use) I am now looking to shop around a bit before I commit, but I'm not sure how much better I'll be able to do.
Here's what I was paying before for my 2 cars: 2007 BMW M Coupe 2006 BMW 330ci 6-mo premium $911.16 Both have the same coverage: 100/300/50 for liability 100/300 for uninsured motorist $100 comprehensive deductible $500 collision deductible $25/day, max $600 for car rental I'm 28, no accidents or tickets in the last 5 years. Only claim in the history of my policy was a comprehensive claim for a nasty rock chip from road debris on bumper/hood. With a worse deductible ($1000 for collision), I am looking at about $1500 every 6 months in CA. I could get a $275/year renter's insurance policy that will give me a multi-line discount to reduce my rate to about $1350/6-mo. What's worse, my motorcycle insurance is almost tripled in cost (~$400/yr to almost $1200/yr) if I keep the same coverages... Does this seem reasonable to CA folks? |
07-09-2012, 04:42 PM | #2 |
enthusiast
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Get an insurance broker and they will do all the work for you. They shop for you and give you the comparisons. Anyone who advertises on TV cost more!
I used to use Geico, and Progressive 20 years ago before anyone knew who they were. |
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07-09-2012, 06:06 PM | #3 |
M = Midlife Crisis
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In Ontario we take out mortgages for car insurance...
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07-09-2012, 06:48 PM | #5 |
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07-09-2012, 06:51 PM | #6 |
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Insurance information is useless unless you can find someone with the exact same information as you, including where you live and your history.
I pay $251 every 6 months with $1000 deductible. |
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07-17-2012, 01:32 AM | #8 |
The Photographer
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21, on family's insurance. 260/mo 1000 deductible :/
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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 |
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07-17-2012, 08:08 AM | #10 |
Retired Paratrooper
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State Farm $60 month for the Z. I'm 48 and retired with a spotless driving record. No accidents since 1986, last ticket was 1993
full coverage $250 collision $50 comprehensive $50 glass towing rental car I have total of 3 cars, an RV and my home insured with them. |
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09-12-2012, 03:12 AM | #11 |
///M-fanatic
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My family pays a total of about $1,200 every half year for coverage on four cars and part of our house through Farmer's insurance.
The M coupe is the only one with comprehensive coverage, as all the other cars are worth $10k or less now, and not really worth covering. So if I were to keep it simple and divide by four, that's approximately $300 for my car every half year or $600 for a full year for comprehensive coverage (that's around $50 / month). I just use my parents' and older brother's names and clean driving history as well as multi-car + all these other kinds of discounts in order to try and keep insurance rates low. Last I checked, my deductible on the M coupe was $500. I'm currently age 24. |
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09-12-2012, 12:12 PM | #12 |
Private First Class
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I also moved from Illinois about 5 years ago, via the Bay Area and now socal. You definitely get sticker shock on insurance prices when you move out here. I saw my rates drop the most from 28-30. My S2000 at the time went from $580/6 months in IL to $1200/6 months in the Bay Area. Now I'm back to normal rates. I'm at $650/6 months for a Z4 3.0Si and an IS350. I use Geico. Best service and rates in Cali from what I've seen. Depending on your history Wawanessa has good rates too, but I get better rates from Geico.
Last edited by TCZ4; 09-12-2012 at 12:21 PM.. |
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10-17-2012, 12:45 PM | #13 |
Turbo Booster :)
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Basically, your rates have lots of other factors to consider. Like someone said, you have to find someone with the exact same policy with all other things similar/same. I got a huge discount by staying with Geico for just a year. Also for multiple car, good driver, good student, clean record, etc. All depends.
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10-17-2012, 03:31 PM | #14 |
First Lieutenant
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42 years old, spotless record in the last 5 years (not so spotless before that!), $1,000 deductible and I'm paying roughly $300/6 months. We also have State Farm and have several vehicles, homes, umbrella policy with them.
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