Insurance Premium; what are you guys paying? - The Unofficial BMW M5 Messageboard (m5board.com)

apexassassin · 17th January 2007, 22:12

Just got a quote from my insurance company (Allstate, Utah, >30, no tickets); the M5 is going to cost $1,100 every 6 months (in addition to the $1,200 we already pay for two other cars) for $250 comprehensive and $1000 collision. I know you gotta pay to play, but damn...ouch.

What coverage do you guys have, how much do you pay, and from whom do you have it?

TIA

ec8r1 · 17th January 2007, 22:25

State Farm, $621 per 6 months for full comprehensive

canysmc · 17th January 2007, 22:26

geico, 300/300, 1000 dec, 1800/yr in nyc

Michael_s · 17th January 2007, 22:35

Quote:

Originally Posted by canysmc

geico, 300/300, 1000 dec, 1800/yr in nyc

$250 per month for 2 cars. Figure about $150 per month ($1800 / year) for the M, 300/300 with a $500 deductible.

LI-M5 · 17th January 2007, 22:48

Quote:

Originally Posted by ec8r1

State Farm, $621 per 6 months for full comprehensive

wow !!

that must be nice !!

i pay $3850 p/annual for m5/x5 both full coverage $500 deducts..

mricorp · 17th January 2007, 22:50

Quote:

Originally Posted by apexassassin

Just got a quote from my insurance company (Allstate, Utah, >30, no tickets); the M5 is going to cost $1,100 every 6 months (in addition to the $1,200 we already pay for two other cars) for $250 comprehensive and $1000 collision. I know you gotta pay to play, but damn...ouch.

What coverage do you guys have, how much do you pay, and from whom do you have it?

TIA

In the words of the late Rodney Dangerfield.......

"Looks like the good hands people gave you the middle finger"

unfoundhorsepower · 17th January 2007, 22:59

Im insuring 6 cars, all w/ max. coverage, 500 ded./rental/towing all that junk for around 6 gees....yauzzas !!!!!!!!

their all new cars.........or newer cars 2 years and 3 years.. 4-BMW's, 2-VW's

thebishman · 17th January 2007, 23:20

$440 per 6 months with American Family here in the Midwest. $1000 deductibles. 250K/500K coverage. Two other cars/house insured thru' them.
Bish

Scooby M Cinco · 17th January 2007, 23:27

Go online and get some other quotes with the highest deductable and the full coverage you desire. I think you can do better. I had a Porsche and my insurance went down a bit and that was less than I paid for the S4.

MCarRacr07 · 17th January 2007, 23:39

Try Liberty Mutual....they have a policy in conjunction with BMW NA....i used to have Travelers....I saved $1800 a year on all four of my cars.....3 BMW's 1 Chevy SUV.....
Regards
MCar