What do you pay for insurance?

[leadsupplier]

I'm 22, 23 in july, looking or a nice ZHP. Clean driving record since 16 .. thoughts?

[Marcus-SanDiego]

I don't think we've ever started a thread that asks how much each of us pays.

We have some insurance threads, though, that do address the issue -- at least tangentially.

For anyone who is interested, these are the insurance threads:

http://www.zhpmafia.com/forums/showthread.php?1052-Geico-Insurance-is-now-an-affiliate

http://www.zhpmafia.com/forums/showthread.php?227-Do-You-Need-Full-Coverage-Insurance-on-Your-BMW-330-ZHP

http://www.zhpmafia.com/forums/showthread.php?676-insurance-companies-blow!

I'm almost twice your age. I pay about $800 a year (total) for the ZHP and the Jeep.

I have not had any accidents. I have not had a ticket since 1989.

[Dean]

I pay double what marcus pays, and Im 19. Clean record. (Full coverage, 500/500) through USAA.

[danewilson77]

I pay double what Marcus pays and I'm 43.

Droid + Tapatalk = FTW!

[danewilson77]

I pay double what Marcus pays and I'm 43.

Droid + Tapatalk = FTW!

I have 4 cars, and two are driven by a 20, and an 18 year old :)

Droid + Tapatalk = FTW!

[kpro]

I pay about $2100/ yr. for 5 cars w/full coverage 250/500k policy with 2 drivers, and a jewelry policy as well. The bimmer buy its self breaks down to $46/mo. I have State Farm, 30 yrs old, and a girl.

[ZHP-FTW]

I have American Family Ins. and pay $1210 a year for full coverage on the Zhp and 89 325i, and renter's ins.

[GSEN820]

06 ZHP & 01 325ci 2 people $100 deductible $1400 a year for both.

[VA//M3]

Marcus,

I pay 886 a year on my 330ci and 924. 21, driving since early 2007 and never had a ticket or wreck under my record and considered high risk due to my age. :(

Can't wait to be over 25 so i can lower my deductible and pay about the same. So far it's just been money down the drain since i've never needed it. But something bound to happen someday. I doubt I'll be at fault regardless.

[Marcus-SanDiego]

Marcus,

I pay 886 a year on my 330ci and 924. 21, driving since early 2007 and never had a ticket or wreck under my record and considered high risk due to my age. :(

Can't wait to be over 25 so i can lower my deductible and pay about the same. So far it's just been money down the drain since i've never needed it. But something bound to happen someday. I doubt I'll be at fault regardless.

I'd say that's a pretty good rate you have there. You're doing something right.


iPad. Tapatalk. Bi-winning.

[kayger12]

I pay $899 for the BMW and $715 for the Mazda.

Full coverage on both, $500k liability, $500k uninsured motorist, $250k PIP with a $500 deductible for collision and a $50 deductible for comp.

I also get about $100 back at the end of each year.

New Jersey Manufacturers Insurance

[onepercent]

I pay about 500 per year on my ZHP through Encompass. I'm 30, no collisions or tickets in recent history, married, homeowner. 500/500 deducts.

[blablac]

Could you guys list state as well ? It made a huge difference for me.
VA: 1300 / year for the 03 ZHP and 2011 848 EVO
CA: 1800 / year for the 03 ZHP and 2011 848 EVO

27 y/o get all the good driver discount thingies, no points on license and only an HOV violation 4 years ago in VA IIRC.

I'm at +4 points on my VA license...

[webster]

TX: $1600/yr ($133/mo) auto+renters insurance policies combined thru state farm. full coverage. i'm 25 yrs old (26 in a month). $1000 deductible.

[NorCalZman]

$227 every 6 months for full coverage. State farm's Drive safe and save program FTW! Saves a lot of money if you dont drive a lot.

[danewilson77]

Could you guys list state as well ? It made a huge difference for me.
VA: 1300 / year for the 03 ZHP and 2011 848 EVO
CA: 1800 / year for the 03 ZHP and 2011 848 EVO

27 y/o get all the good driver discount thingies, no points on license and only an HOV violation 4 years ago in VA IIRC.

I'm at +4 points on my VA license...

Most states are in the profiles...but from here on out...it would be a good idea.

Me? Virginia.

http://i1015.photobucket.com/albums/af278/nicee46/Maintenance%20and%20Misc/1-20.jpg

[johnnyrad]

I'm in Pa and use Erie Insurance. Limited tort for all three.

$310 per year for 03 Pathfinder (no collision coverage)
$457 per year for 05 ZHP ($1k deduct for collision)
$398 per year for 02 XI ($1k deduct for collision)

[Nivo]

We pay $1,918 for 2 cars full coverage and no glass deductible. i think most is 250/500 on them plus the car motor club included in there.
It's like $960 per year on each car.

[M3TA5IN]

PA

$2000 a year for 3 cars

Full coverage 06 330i. $500 deduct

Full coverage 04 Grand Cherokee. $500 deduct and roadside assistance

Comprehensive on the 99 M3 right now. I basically drive it to and from the car wash then quick laps down the interstate.

That is with progressive and random fact. I have a DUI (I was young and dumb). That is my only ticket and it has been expunged but not from my driving record.

I had GEICO forever. They wanted $1800 more a year so I switched to progressive.

[Nomar06]

NC, $820 a year for full coverage on an 03 330i sedan, $500 deduct. I get a homeowners discount and some other small discount from Allstate.

[Jesse M]

22, $140/mo. Allstate. Student & good drivers discount.

[WOLFN8TR]

Marcus,

I pay 886 a year on my 330ci and 924. 21, driving since early 2007 and never had a ticket or wreck under my record and considered high risk due to my age. :(

Can't wait to be over 25 so i can lower my deductible and pay about the same. So far it's just been money down the drain since i've never needed it. But something bound to happen someday. I doubt I'll be at fault regardless.

Dude that's cheap! When I was 21 I had a brand new Toyota 4x4 (first one with a V6) and I was paying $220 per month thru State Farm! That's $2,640 a year!

Now that I'm a old fart and married I pay $220 per month for my 2005 BMW 330CI, 2006 Toyota 4Runner and a 2008 Chevy Silverado 2500HD 4x4. This is with Allstate in Nevada with a homeowners discount.

[terraphantm]

21, $160/month, with good student and driver training discounts. 250/500/100, $1000 collision deductible, $100 comprehensive

I have Amica.

[Blaster3500]

24, $460 every six months, state farm I have never been pulled over or had any incidents since I started driving knock on wood. State farm actually quoted me cheaper to insure an 01 M3 when I was looking around at zhp's/m3s

[M0nk3y]

I was at $170 a month last year....this year I dropped to $70/month

21, under parents insurance plan. Must of moved some drivers around to drop the rate. $750 deductible

Sent from my DROID X2 using Tapatalk 2

[danewilson77]

I was at $170 a month last year....this year I dropped to $70/month

21, under parents insurance plan. Must of moved some drivers around to drop the rate. $750 deductible

Sent from my DROID X2 using Tapatalk 2

Dudeuctible is a tad high as well. Dad may have changed to help out with rate.

[quikryptonite]

I pay about $1350 a year for my '03 ZHP and '87 325is. About $65 per month is for the ZHP which is full coverage. I'm in my late 20's.

[M0nk3y]

Dudeuctible is a tad high as well. Dad may have changed to help out with rate.

Deductible has always been that.

Our rep always changes drivers around to help rates...I think I'm on a SUV now.

Funny thing is that my rate is around the same as my dad's E92 328...which is considered a high performance car as well...lol

Sent from my DROID X2 using Tapatalk 2

[az3579]

Blown. Away. By. Your. Cheap. Rates.
Just did another check and I'd still be paying well over $300 a month for insurance on my car if I wasn't under a parent's policy. Jeesh.
I don't know how you guys under 25 are getting such good rates if you're not under a parent's policy. Mind blowing.


23 at the moment.

[M3TA5IN]

Funny thing is that my rate is around the same as my dad's E92 328...which is considered a high performance car as well...lol

Sent from my DROID X2 using Tapatalk 2

lol really? I think I pay less for full coverage on the 330i than the Grand Cherokee, if not it is really close. I want to look into state farm though.

[Merritt07]

I'm 23 and I pay 71.xx/month for full coverage on my '05 with Shelter Insurance. I have no tickets/accidents that my insurance knows about. They abused my wallet until after I turned 21. This also is lower because I have a $1000 deductible. I plan on covering most repairs myself and really only need the insurance if I or someone else totals my car.

[zj96sc]

FYI, my insurance has told me that that "25" thing is kind of a relic. Most models are complex enough now that there is just a proportional decrease as you age into a less derp-prone mature-er version of yosef. On that note, my insurance now is something like 1/6th of what it was 5 years ago.

Marriage and homeownership apparently weigh more heavily into the calculation than your age does anymore.

Pretty difficult to generate a valid basis for comparison for rates given the impact of age, location, record, coverage, and other products carried with the insurer, but for what it's worth, I'm at $46/mo for the ZHP, $58 for the F-250, both full, both 300/500.

[Strider]

I wish my rates would get back down there. I pay about 5K a year for 6 cars...but I have 2 teenagers in the fold, soon to add a third. Added the 6th car, a 1989 Suburban, and it actually lowered my insurance by 800 a year. As the older two age out of the inexperienced driver surcharge it should come down significantly. All drivers in the household are ticket and accident free. (not counting my ***cough cough*** 2 improper equipment reductions in the past 2 years)

On topic for the OP, my 19 YO son just bought his first BMW...a ZHP to boot, today! The insurance quote to add that to our policy will be about 650 per year. His own personal policy quote was 1280 per year with 250K/500K coverage and a 500 dollar deductible.

[az3579]

FYI, my insurance has told me that that "25" thing is kind of a relic.

I see evidence to the contrary here where I live. This is the sole reason I don't have insurance under only my name.
Every insurance agent I've talked to told me it's high because of my age. There's just no getting around it, unfortunately. :(

[webster]

my insurance went down 20% when i turned 25. then i bought a ZHP and it went back up to where it was before :shift

[ryrules1]

Wow, I need to seriously look at my insurance, no tickets in the past 4 years (I am 23). I am paying $170 a month for the ZHP in CA through Amica. I thought I had a good deal too, state farm and progressive were above of $200. Insurance is 300k/300k and $1000 deductible...FML.

[zj96sc]

I see evidence to the contrary here where I live. This is the sole reason I don't have insurance under only my name.
Every insurance agent I've talked to told me it's high because of my age. There's just no getting around it, unfortunately. :(


my insurance went down 20% when i turned 25. then i bought a ZHP and it went back up to where it was before :shift

Fair enough. My insurance didn't do much when I turned 25 that it didn't do every other 6 month renewal period before that.....just a gradual decrease. Buying a house and getting married a few years later did more. Spoke to my company about it and that's what they told me.

I'm sure it varies by company and state.

[M3TA5IN]

my insurance didnt do anything when I turned 25 and when I bought a house it actually went up which made no damn sense at all. We use to live in a apartment complex in the city that wasnt that ghetto but it wasnt nice, then we move out to a really small country town location and they told me my insurance went up because of where we moved to.

[terraphantm]

Blown. Away. By. Your. Cheap. Rates.
Just did another check and I'd still be paying well over $300 a month for insurance on my car if I wasn't under a parent's policy. Jeesh.
I don't know how you guys under 25 are getting such good rates if you're not under a parent's policy. Mind blowing.


23 at the moment.

I am under my parents policy - though I'm listed as the primary (only) driver of my car. Raising the collision deductible had the biggest impact. Since I've never actually made a collision claim, I figured having a high deductible wouldn't hurt. Lowering the comprehensive down to $100 barely effected my rates.


my insurance didnt do anything when I turned 25 and when I bought a house it actually went up which made no damn sense at all. We use to live in a apartment complex in the city that wasnt that ghetto but it wasnt nice, then we move out to a really small country town location and they told me my insurance went up because of where we moved to.

Switch companies. I used to be on Libert Mutual. They kept jacking up our rates by roughly $200/year every year for seemingly no reason. They also kept rating me against my dad's 535xi even though we explained a million times that I don't drive that car. They said that unless I was to be specifically excluded from that car, their policy is rate the highest risk driver against the highest risk car (aluminum body panels really jack up the insurance rates for that E60).

We've since switched to Amica and are saving almost $1500/year for slightly better coverage.

[M3TA5IN]

I am under my parents policy - though I'm listed as the primary (only) driver of my car. Raising the collision deductible had the biggest impact. Since I've never actually made a collision claim, I figured having a high deductible wouldn't hurt. Lowering the comprehensive down to $100 barely effected my rates.



Switch companies. I used to be on Libert Mutual. They kept jacking up our rates by roughly $200/year every year for seemingly no reason. They also kept rating me against my dad's 535xi even though we explained a million times that I don't drive that car. They said that unless I was to be specifically excluded from that car, their policy is rate the highest risk driver against the highest risk car (aluminum body panels really jack up the insurance rates for that E60).

We've since switched to Amica and are saving almost $1500/year for slightly better coverage.

I already saved $1800/year from leaving geico to progressive but my next step is state farm I think. I got a huge discount when I went to progressive just for leaving geico.

[JupiterBMW]

My wife and I are currently 32/31 yo. We insure through 21st Century and they have been great so far. For the new X3 and my Nissan Altima SE-R we pay about $790/6 months, but dropping the Altima and adding the ZHP will bring the rate down to $712/6 months.. We have fairly decent coverage, and our deductibles are $1000 all around. I am happy with that.. :)

[nike001]

Mine went down! I'm at something like $97.11/mo, under $1200/year.

Not bad for a 21 year old I suppose. But no accidents/tickets/etc

[Mtnman]

Wow. I am with state farm. I have pretty high coverages. I run 250k/500k with a 500 deductable. I have both a 2009 audi a3 and a 2009 135 insured both with collision and comprehensive. I pay 595.33 every 6 months, or basically $100 per month for both cars. I insure my house, my unbrella policy, my life insurance all through state farm. I highly recommend everyone having all their policies with the same insurer, as rates get better. Btw, im 36 as of last month.

[BCS_ZHP]

I'm with USAA, about $350 per car times 4 plus another $350 for having an under 25 year old male (our son) on the policy but he's had a ticket (speeding). That's around $1700 for a 6 month policy, house & valuables policy with USAA too so we get a multi-policy discount.

[Torxuvin]

127/month for full coverage on both the vette and zhp with Geico. Was 113/month for my M3 by itself. 500 dollar deductible. 24 yrs old. No tickets.

[BavarianZHP]

About $420/6-mo. Progressive. Age 25, clean record, Seattle, WA. 500/250/250. $1000 deductibles.

[UdubBadger]

Wow that's low, I'm still like $650/mo with same limits and I'm 31 and married


- Goin' H.A.M. Mobile

[BavarianZHP]

^^^ I hope you mean $650/6-mo. :)

I think my rate is about average... I actually would have had lower rates with esurance, but for some unexplainable reason they have me as involved in an accident (when I've never been in one and all of the other insurers have me as clean).


I rent an apartment, have a BS degree, and use the car for pleasure driving only and 10,000 miles a year.

EDIT: When I was researching around I got quotes from $380/6-mo to $900/6-mo (esurance wanted over 1200/6-mo to insure me! Accidents must suck bad!!!).

[Marcus-SanDiego]

We are now paying about $900 a year. We moved to a more affluent neighborhood. Apparently the risk of us getting into an accident with more expensive cars involved drove out rates up by about $100 a year.


Sent from my ZHPMafia.com iPhone

[Ryans323i]

NC, Integon insurance company under GMAC, Full coverage '99 323i and "06 Tundra, $126/month 2 months I don't pay though, so it works out to $1,260/year. $500 deductable, $100k/$100k coverage w/ free towing coverage. 1 point on my license (I think).

I think we're getting ready to put Kyle on my insurance plan and add his '99 Tacoma. He's had an accident recently and more tickets, so we'll see how much it goes up!

[UdubBadger]

^^^ I hope you mean $650/6-mo. :)

I think my rate is about average... I actually would have had lower rates with esurance, but for some unexplainable reason they have me as involved in an accident (when I've never been in one and all of the other insurers have me as clean).


I rent an apartment, have a BS degree, and use the car for pleasure driving only and 10,000 miles a year.

EDIT: When I was researching around I got quotes from $380/6-mo to $900/6-mo (esurance wanted over 1200/6-mo to insure me! Accidents must suck bad!!!).

Yeah I meant every 6 months - sorry typo from autocorrect likely.

$650/mo would be absurd.


- Goin' H.A.M. Mobile

[Crickett]

$990/6 mo with USAA for the ZHP & X5; moving to LV really jacked up our rates! I think we were closer to $100/mo in Texas . . .

[danewilson77]

$1592/6 months. USAA. 2 drivers >40. 1 Male < 21. 1 Female = 21.

4 vehicles total.

[UdubBadger]

not bad D, $67/mo per driver

[terraphantm]

not bad D, $67/mo per driver

Realistically it's probably split something like: $20/mo each for Dane and his wife, $60/mo for his daughter, and $160 for his son.

Mine is something like $1700/year at the moment. But the insurance company seems to have forgotten to apply my good student discount, so I need to call them about that. My GPA's only gone up, so there's no reason I should have lost it.

[static667]

I picked up Liberty Mutual's BMW Performance Insurance through the CCA. I pay $230 every three months for really good full coverage.

Sent from my yet to be hacked GS3.

[BimmerWill]

I picked up Liberty Mutual's BMW Performance Insurance through the CCA. I pay $230 every three months for really good full coverage.

Sent from my yet to be hacked GS3.

What's your age if I may ask?

Sent from my DROID BIONIC using Tapatalk 2

[Stu]

$559/6 months, age 23. Clean record.

Full coverage:

Non-deductible other than collision
$100 collision
Non-deductible towing and labor

I use Geico.