Insurance

[BMW Europe]

Hi
Were just about to launch our new Insurance scheme and just wanted to know what you guys are paying?

If your happy? or is it to high?

 

[codex57]

Not bad. I was pleasantly surprised. Guess the difficulty stealing BMWs has kept the insurance premiums low. My car isn't too much more than my Civic.

 

[BMW Europe]

what price are you paying at the moment and for what cover?

 

[mach330]

i'm paying $700/yr for full coverage and $500 deduc. i'm 28 n clean record (knock on wood).

 

[bmwboy]

dman it must just be becusae i am a kid even thoguth i have a clean record i have nit driven for 3 years and i pay aobut 3000 a year for full coverage and my car is not new.

 

[codex57]

I pay something like $111 a month. Give or take a few bucks. 330 only cost about $10 more per month to insure.

If you're a kid, that's the reason. When I got my BMW, I was 24 and had just hit that next level in the insurance age scale. When I was in high school, my friend had an E30 coupe and it was $3000/year for him. His car wasn't even new.

 

[Blake2043]

I just bought my car two months ago and im paying 400 a month on the car, and 200 a month on full coverage.....its not 2 bad.....my dad whos 46 i think...only pays 49bux a month on his 350z....not bad, but it also helps when your dad owns an insurance company.

 

[BMW Europe]

Well all being well with our insurance brokers at the end of the month. we may be able to beat any quote you have. As long as you can provide proof that this is what you pay.

How does that sound?

 

[tool fan]

170 a month full coverage in Germany

 

[Average Jae]

around 100 or so a month. even tho i'm 26, i'm still under my parents' coverage. since my dad is the co-signer on the car. it made being under their coverage easier

more than the coming of age thing at 24-25, the huge discount is with having multiple cars. when i got a quote on my car by myself, it was 1800 per 6months..

 

[selavia]

I'm 20 and I pay $850 a year. But I have a $500 deductible and I don't collision (I believe that means if I get into an accident and it's my fault, the insurance company will not pay for repairs to my car, but will pay for the other driver). And let me just say that when I got in my accident my insurance company told me that since I didn't have collision, they would not help me collect from the other insurance company. Heartless jerks...whatever.

BTW, my insurance isn't going to go up since I reported an accident (that was determined was not my fault) to them? They didn't give me one cent, so I don't see why they would increase my insurance.

 

[BMW Europe]

Well from tomorrow we will have more infotmation on prices etc.

 

[skandalous]

Even with a clean record, drivers ed and having a high GPA, I still pay about $2500 a year. Go figure. I will never understand why teenage males have higher insurance than teenage females.