Average 6 month Insurance Premium

[KevinC]

Originally Posted by mousitch

300/30]Gotta love geico........

GEICO and Progressive are both notoriously expensive - despite what they try to portray on TV. It's no wonder that GEICO is high - how else would they pay for that carpet bombing advertising campaign that's been going on for years?

Do yourself a favor and get a few quotes - State Farm will almost certainly be substantially lower, many others too.

[M_Six]

Originally Posted by hogzilla

My specs are close but I'm 39 and live in Illinois. I'm paying around $425 a year.

Ditto. Just about $450/year. No deductible. 300k/600k full coverage.

[M_Six]

Originally Posted by KevinC

GEICO and Progressive are both notoriously expensive - despite what they try to portray on TV. It's no wonder that GEICO is high - how else would they pay for that carpet bombing advertising campaign that's been going on for years?

Do yourself a favor and get a few quotes - State Farm will almost certainly be substantially lower, many others too.

State Farce was almost double what I pay with AAA in IL. They suckered me in for a couple of years until they raised my deductible because I had the gall to actually file a claim after I got nailed by a retread.

[-c-]

2006 z4 $30 a month
2006 A6 $64 a month
2002 MINI COOPER S $ 23 a month
2009 smart car $40 a month

All in all not to shabby full coverage on all and road side assistance.

30 years old.
Perfect record

[MetMan]

Originally Posted by johanness

^^^ No kidding. ONE ticket and your premiums double. I was told that it stays with you for 3 years too, but that should be confirmed by someone.

Minor violation are in fact on your record for three years while major violations such as reckless driving, DUI, and speeding over 20 mph (Florida) stay on your record for five years.

[mfanatic325]

I don't know how much my MC is by itself, but I do know that the MC and MR2 together is just under $700 for 6 months of coverage. Only MC has full coverage though, and MR2 only has liability.
I'm only 22 years old, with a clean record since 16 and I put the car under my parents' names for the cheapest rates I could find haha.

I recall that including our other two cars (all liability only, again, except for the MC), we're paying a total of < $1300 every 6 months for 4 cars total and 4 people, and part of our house coverage as well. I think that's a pretty good rate =P

[mhughett]

Originally Posted by M_Six

State Farce was almost double what I pay with AAA in IL. They suckered me in for a couple of years until they raised my deductible because I had the gall to actually file a claim after I got nailed by a retread.

I pay only about $275 every 6 months with AAA here in Oklahoma and that's with fairly high liability limits (250k/500k) and a 1,000 deductible. 52 years old.

[007MCoupe]

26 y/o
perfect driving record, maybe a ticket here and there
$705.94 - USAA
deductibles as low as they'd let me go ($500)

[Hawkeye]

I pay $900 / 6 months

$500 deduct for comp/coll on my 2007 Z4, 2008 Titan and my 2008 R6
300/300
1 speeding ticket in the last year
Great credit and higher eduction
Multiple policies including homeowners deductions
26 years old, male, not married

Seems like the midwest gets a good deal!

[Nhopkins1394]

$482/6 months
Age 59
USAA
Clean driving record
Credit score= iffy
multi car/house discounts
two drivers

liab 300/500/100k
med 5k
PIP 5k
UM 300/500/100k

Phy damage:
comp ded = $ 1,000
Coll ded = $ 1,000

Gap $30/day

[Nhopkins1394]

Do you think the insurance companies know the difference or make pricing differences between the ///M and the 3.0si?
Probably not, imho.
From the posts on this thread, seems like age is the determining factor for pricing.

[mfanatic325]

Originally Posted by Nhopkins1394

Do you think the insurance companies know the difference or make pricing differences between the ///M and the 3.0si?
Probably not, imho.
From the posts on this thread, seems like age is the determining factor for pricing.

I do think they differentiate between M and non-M cars. But yes, age, driving experience, and driver record account for the bulk of the costs. Provided a reasonable coverage package of course

[mhughett]

Originally Posted by mfanatic325

I do think they differentiate between M and non-M cars. But yes, age, driving experience, and driver record account for the bulk of the costs. Provided a reasonable coverage package of course

My agent told me that they are starting to use credit score as a significant factor in pricing as well. I'm only assuming that they have found that those that are reckless with money have similar tendencies behind the wheel too. I'm not sure how valid this theory is but right now I seem to be benefiting from it.

[mfanatic325]

Originally Posted by mhughett

My agent told me that they are starting to use credit score as a significant factor in pricing as well. I'm only assuming that they have found that those that are reckless with money have similar tendencies behind the wheel too. I'm not sure how valid this theory is but right now I seem to be benefiting from it.

haha that's pretty valid. I agree with that mindset completely

[esqu1re]

Originally Posted by Shereef_Osman

Do I get a prize for having the worst insurance possible? 1200/month. One 50 over ticket.

1200 / month???? Wow. Lesson learned.

[Swashplate]

That is correct.

Originally Posted by mhughett

My agent told me that they are starting to use credit score as a significant factor in pricing as well. I'm only assuming that they have found that those that are reckless with money have similar tendencies behind the wheel too. I'm not sure how valid this theory is but right now I seem to be benefiting from it.

[sirmalloc]

Ok, it seems everyone has substantially lower insurance than I do. I'm 28, FL resident, drive a '06 M Roadster, and have two at fault incidents in the last 3 years. One of these goes off in April. I've got full coverage with Progressive ($100k/$300k) and it's about $2300/6 months.

Now the part that worries me is that I just got my first speeding ticket, in GA of all places. Clocked me on laser doing 87 in a 60 as I was passing someone (although I have serious doubts that I was going that fast). And it was a construction zone...or what GA calls a construction zone, which is essentially just cones for 30 miles. I'm still waiting for the ticket amount to show up online, but after calling the probate court I believe it'll be about $300 + an extra $200 for going over 85. That, I don't care so much about. I'm more concerned with what this will do to my insurance.

Any ideas how much this will affect my insurance? Does anyone have any alternate recommendations for insurance providers that have good coverage?

[Swashplate]

Send me a PM.

Originally Posted by sirmalloc

Ok, it seems everyone has substantially lower insurance than I do. I'm 28, FL resident, drive a '06 M Roadster, and have two at fault incidents in the last 3 years. One of these goes off in April. I've got full coverage with Progressive ($100k/$300k) and it's about $2300/6 months.

Now the part that worries me is that I just got my first speeding ticket, in GA of all places. Clocked me on laser doing 87 in a 60 as I was passing someone (although I have serious doubts that I was going that fast). And it was a construction zone...or what GA calls a construction zone, which is essentially just cones for 30 miles. I'm still waiting for the ticket amount to show up online, but after calling the probate court I believe it'll be about $300 + an extra $200 for going over 85. That, I don't care so much about. I'm more concerned with what this will do to my insurance.

Any ideas how much this will affect my insurance? Does anyone have any alternate recommendations for insurance providers that have good coverage?

[shimmy09]

Originally Posted by Shereef_Osman

Do I get a prize for having the worst insurance possible? 1200/month. One 50 over ticket.

nah yours is nothin compared to mine 1600 for 6 months..

[azadian2b]

Originally Posted by shimmy09

nah yours is nothin compared to mine 1600 for 6 months..

How is 266.67/month even close to 1200/month?

[chickdr]

Originally Posted by Shereef_Osman

Do I get a prize for having the worst insurance possible? 1200/month. One 50 over ticket.

If my insurance was 1200/mth, I would be looking for another car. $14K/yr for insurance? No way.

[tekmoe]

If my insurance was anymore than what I am paying right now, I'd sell the Z. Seriously. Insurance is a scam.