Auto Insurance

choiffer · 11-07-2007, 12:36 PM

First, Yes I've searched for insurance and I couldn't find anything.

Alright, so I'm 22 and I've been under my parents insurance until now. It was only $3500 a year for 4 car's insured for all of us. Mercedes S550, Lexus RX350, Acura RL and an Infiniti G35 coupe. I got kicked out of their insurance because I have some bad driving records. I got some quotes for my 335i coupe and it is

$6,000 a year.

I didn't know that it would be that high with 1 single driver and a single car.

Does anybody else pay this much? Insurance is Insane, it's like another car payment Jesus.

EDK99 · 11-07-2007, 12:40 PM

Bad drivers just pay more.

e90fanatic · 11-07-2007, 12:45 PM

wow....why are you still driving?

Joonsup · 11-07-2007, 12:46 PM

Quote:

Originally Posted by choiffer

First, Yes I've searched for insurance and I couldn't find anything.

$6,000 a year.

I didn't know that it would be that high with 1 single driver and a single car.

Does anybody else pay this much? Insurance is Insane, it's like another car payment Jesus.

WHATT!!!???

i'm 27, no tickets/accidents and i pay 780/6 months

choiffer · 11-07-2007, 01:08 PM

yeah. I might not pick up my 335i coupe. That is absurd. My insurance is High because I got a DUI last year. (YES, I regret driving under the influence and yes I will never do it again). This really sucks, I was really looking forward to driving this car. They said my Insurance will go back down to normal in 2 years when the DUI clears out.

Gig103 · 11-07-2007, 01:10 PM

Quote:

i'm 27, no tickets/accidents and i pay 780/6 months

That was the quote I was given by Geico before placing my order. 26yr old, good record.

choiffer · 11-07-2007, 01:12 PM

Quote:

Originally Posted by e90fanatic

wow....why are you still driving?

I seriously might not drive. Or get a cheap car with cheaper insurance. I was thinking about just paying the 3 grand every 6 months. But, that's literally throwing out money.

Crimson92 · 11-07-2007, 01:18 PM

Well its high for multiple reasons

1.dui
2.youre young
3 1 car, 1 driver
4 expensive car(esp bmw)

I pay more for a 45k bmw than a 60k e350, its absurd. I pay about 2760 a year for both cars.

Heres what you gotta do if you wanna decent insurance. Get your mom or your dad who has a good driving record on a separate policy. Then put your parent as the primary driver on the bmw and put a second car(beater old car preferably) and put youreself as the primary on that.

That way youll save some cash

Leesi · 11-07-2007, 01:38 PM

My current premium whatsoever slightly cheaper than when I was driving Civic

choiffer · 11-07-2007, 02:02 PM

Quote:

Originally Posted by Crimson92

Well its high for multiple reasons

1.dui
2.youre young
3 1 car, 1 driver
4 expensive car(esp bmw)

I pay more for a 45k bmw than a 60k e350, its absurd. I pay about 2760 a year for both cars.

Heres what you gotta do if you wanna decent insurance. Get your mom or your dad who has a good driving record on a separate policy. Then put your parent as the primary driver on the bmw and put a second car(beater old car preferably) and put youreself as the primary on that.

That way youll save some cash

Is it possible for my mom to be in 2 insurance policies? She does not want to leave her own because their in a special thing and they only pay 1500 a year for 4 cars.

HyperM3 · 11-07-2007, 02:06 PM

You can get a badass scooter for half that! Vespa FTW. Chicks diggem too.

Joonsup · 11-07-2007, 02:14 PM

Maybe get an e90 instead? Maybe a sedan will lower your premium compared to an e92. or is that a myth. 6k a year is just too much unless you're wealthy and ballin. You can also try to cut down on the premium by telling the insurance company that you'll be driving the car only on weekends?

Crimson92 · 11-07-2007, 02:16 PM

yes your mom can be on another policy as long as the second car your insure is not on any other policy,the e90 wont be much cheaper and you premium wont be lower if you tell them that youre only driving on the weekend if thats the only car on the premium. Theyre not dumb.

cgmb16 · 11-07-2007, 02:17 PM

Quote:

Originally Posted by Leesi

My current premium whatsoever slightly cheaper than when I was driving Civic

I paid more for my TSX also.

I am 23 and I pay $570/6 months on my 328i with State Farm if that matters.

Insurance is not so much based on the price of the vehicle, as it is the repair cost of a vehicle, location of the vehicle (city you live in), # of general claims against that type of vehicle overall, theft probability, etc. That is how it was explained to me by an insurance agent. He told me that is why I am paying a little less for my bimmer than I was for my acura.

sillygoat · 11-07-2007, 03:05 PM

im 21 and im paying 330 a month. insurance sucks.. but i guess we need it.

eeesh2u · 11-07-2007, 03:12 PM

I pay $287.55/6mo for the 06 BMW and $281.40/6mo for the 03 VW

with Geico

E90SLAM · 11-07-2007, 03:21 PM

In your case, no matter what car your switching to.
Your driving record will dominate the cost of car insurance.

Crimson92 · 11-07-2007, 03:22 PM

Just thought id would mention if anyone would like an insurance quote i got a great guy, best ive ever dealt with

Roowah · 11-07-2007, 05:03 PM

Holy smokes, that's a lot of money for insurance!

That would be a huge deterrent for me.
However the fact that you have a DUI on your record is probably the major contributor. Being 22 does have some affect on insurance but if your record was clean, it would probably not be a huge factor. When I was in my early 20's I had a sports car (MR2!), and my rates were actually quite reasonable. I remember when I turned 30 my insurance dropped, but the downside of that was well....I had to turn 30. Another factor that drops your rates is if you were married. Obviously, I wouldn't do this just for a better premium. Boy, THAT would be a romantic proposal...

NPDAN · 11-07-2007, 05:11 PM

Dude when insurance rates are that high, theyre trying to tell you something... Your gonna have to bite the bullet and pay it till time runs it's course...(as long as you keep it clean) Just call all companies that offer insurance and go for the most affordable... GL man

drmalmgren · 11-07-2007, 06:02 PM

Quote:

Originally Posted by joonsup

Maybe get an e90 instead? Maybe a sedan will lower your premium compared to an e92. or is that a myth.

We are paying about $240.00/yr more for the 328 wagon than the 335 coupe. Both are 12/06 deliveries.

choiffer · 11-07-2007, 06:25 PM

Yeah, It's because of my age and the DUI. After 2 years the DUI comes off my insurance record and I can also go back into my families insurance policy. It sucks really bad that my insurance is going to be that high for the next 2 years. I'm going to have to suck it up and pay it or just not drive at all. DO NOT DRINK AND DRIVE GUYS. YOU CAN NOT AFFORD IT. Especially if your young.

11-07-2007, 12:36 PM	#1
choiffer First Lieutenant 19 Rep 375 Posts Drives: 08 E92 335i Coupe Join Date: Jul 2007 Location: Philadelphia, Pa iTrader: (0) Garage List 2008 335i Coupe [0.00] 2006 G35 Coupe [0.00]	Auto Insurance First, Yes I've searched for insurance and I couldn't find anything. Alright, so I'm 22 and I've been under my parents insurance until now. It was only $3500 a year for 4 car's insured for all of us. Mercedes S550, Lexus RX350, Acura RL and an Infiniti G35 coupe. I got kicked out of their insurance because I have some bad driving records. I got some quotes for my 335i coupe and it is $6,000 a year. I didn't know that it would be that high with 1 single driver and a single car. Does anybody else pay this much? Insurance is Insane, it's like another car payment Jesus. __________________ 2008 335i Coupe Alpine White/Black Dakota
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11-07-2007, 12:40 PM	#2
EDK99 Captain 33 Rep 934 Posts Drives: 07 E85 M Join Date: Jul 2006 Location: FL iTrader: (0)	Bad drivers just pay more. __________________ 2007 e85 Imola Red \| Black Leather \| Carbon Leather Trim \| Premium \| Navigation \| Heated Seats
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11-07-2007, 12:45 PM	#3
e90fanatic Absolute0 168 Rep 5,078 Posts Drives: Has a Roundel Join Date: Apr 2005 Location: TO/HK/NJ iTrader: (6)	wow....why are you still driving? __________________ To procede or not to procede......
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11-07-2007, 01:08 PM	#5
choiffer First Lieutenant 19 Rep 375 Posts Drives: 08 E92 335i Coupe Join Date: Jul 2007 Location: Philadelphia, Pa iTrader: (0) Garage List 2008 335i Coupe [0.00] 2006 G35 Coupe [0.00]	yeah. I might not pick up my 335i coupe. That is absurd. My insurance is High because I got a DUI last year. (YES, I regret driving under the influence and yes I will never do it again). This really sucks, I was really looking forward to driving this car. They said my Insurance will go back down to normal in 2 years when the DUI clears out. __________________ 2008 335i Coupe Alpine White/Black Dakota
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11-07-2007, 01:38 PM	#9
Leesi Good Student Driver 11 Rep 589 Posts Drives: Black BMW Join Date: Jul 2007 Location: Northern California iTrader: (0)	My current premium whatsoever slightly cheaper than when I was driving Civic __________________ Right E92 sideskirt for sale $50 Jet Black color with minor scratches PM ME!
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11-07-2007, 02:06 PM	#11
HyperM3 Too many Alex's, from now on, call me Beaufort 342 Rep 6,188 Posts Drives: See Sig Join Date: Feb 2007 Location: Lawrenceville, NJ iTrader: (8)	You can get a badass scooter for half that! Vespa FTW. Chicks diggem too. __________________ 13 HD FatBob 17 A4 Glacier/Black 1st Edition/Pre+/Sport/EurocodeTMD/Racechip 16 S6 (gone),14 S6 (gone),14 S6 (gone),13 S6 (gone),10 S4 (gone) 07 335i(gone)
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11-07-2007, 02:14 PM	#12
Joonsup Lieutenant General 322 Rep 17,316 Posts Drives: E92 M3, E30 325i Join Date: Sep 2007 Location: Bay Area iTrader: (8) Garage List 2008 BMW M3 [9.50]	Maybe get an e90 instead? Maybe a sedan will lower your premium compared to an e92. or is that a myth. 6k a year is just too much unless you're wealthy and ballin. You can also try to cut down on the premium by telling the insurance company that you'll be driving the car only on weekends?
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11-07-2007, 03:05 PM	#15
sillygoat Captain 60 Rep 804 Posts Drives: 335i tiag Join Date: May 2006 Location: las vegas, nv iTrader: (11)	im 21 and im paying 330 a month. insurance sucks.. but i guess we need it.
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11-07-2007, 03:12 PM	#16
eeesh2u First Class Privates 8 Rep 147 Posts Drives: 2006 E90 Join Date: Aug 2007 Location: DC/VA/NC iTrader: (1)	I pay $287.55/6mo for the 06 BMW and $281.40/6mo for the 03 VW with Geico
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11-07-2007, 03:21 PM	#17
E90SLAM Supreme Allied Commander 1963 Rep 61,781 Posts Drives: A BBS WHORE Join Date: Jul 2007 Location: . iTrader: (6) Garage List 2022 BMW X3 sDrive30i [0.00]	In your case, no matter what car your switching to. Your driving record will dominate the cost of car insurance. __________________
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11-07-2007, 05:03 PM	#19
Roowah Captain 28 Rep 811 Posts Drives: 2006 E90 330i 6MT Join Date: Jan 2007 Location: Cambridge, MA iTrader: (0)	Holy smokes, that's a lot of money for insurance! That would be a huge deterrent for me. However the fact that you have a DUI on your record is probably the major contributor. Being 22 does have some affect on insurance but if your record was clean, it would probably not be a huge factor. When I was in my early 20's I had a sports car (MR2!), and my rates were actually quite reasonable. I remember when I turned 30 my insurance dropped, but the downside of that was well....I had to turn 30. Another factor that drops your rates is if you were married. Obviously, I wouldn't do this just for a better premium. Boy, THAT would be a romantic proposal... __________________ 2006 E90 330i 6MT: TiAg\|Black Leather\|Poplar Trim\|Premium Package\|Cold Weather Package 2003 E46 325i 5MT: Retired - The beginning of my BMW obsession!
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11-07-2007, 05:11 PM	#20
NPDAN Colonel 95 Rep 2,573 Posts Drives: AW DCT M3 Join Date: Feb 2007 Location: So.Cal iTrader: (7) Garage List 2008 E92 M3 [8.00] 07' E92 335i [0.00]	Dude when insurance rates are that high, theyre trying to tell you something... Your gonna have to bite the bullet and pay it till time runs it's course...(as long as you keep it clean) Just call all companies that offer insurance and go for the most affordable... GL man __________________
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11-07-2007, 06:25 PM	#22
choiffer First Lieutenant 19 Rep 375 Posts Drives: 08 E92 335i Coupe Join Date: Jul 2007 Location: Philadelphia, Pa iTrader: (0) Garage List 2008 335i Coupe [0.00] 2006 G35 Coupe [0.00]	Yeah, It's because of my age and the DUI. After 2 years the DUI comes off my insurance record and I can also go back into my families insurance policy. It sucks really bad that my insurance is going to be that high for the next 2 years. I'm going to have to suck it up and pay it or just not drive at all. DO NOT DRINK AND DRIVE GUYS. YOU CAN NOT AFFORD IT. Especially if your young. __________________ 2008 335i Coupe Alpine White/Black Dakota
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