How much do you pay for insurance?

I am just a little curious as to how much people are paying for their insurance.


I am 17, clean record, and I have to pay $1400 every 6 months for a 2011 328Xi...

335x, clean[knock on wood] (although I nailed someone a long time ago and I'm sure even though its passed hurting me they've got it on file), maxed out coverage on everything, 1200 deductible for crash, 200 for comp.

I pay 750 every 6. in my early 20s.

Originally Posted by mo.karney

I am just a little curious as to how much people are paying for their insurance.


I am 17, clean record, and I have to pay $1400 every 6 months for a 2011 328Xi...

$600 every six months for full coverage with $1K deductible, road side assistance, uninsured motorist, glass coverage, along with $500K liability (higher than the state minimum requirement). This is on a 2007 X5, clean driving record.

$902/yr for a 2009 335xi with full collision and comprehensive, $500 deductible, $250k/$500k liability with a $2kk umbrella. Identical coverage on my wife's 2011 Subaru Outback is $542, and the same on our 23-year-old daughter's 2004 VW Passat 4mo is $506. All of us have identical driving records and full safe driver credits.

The replacement values and repair cost categories of the cars are the drivers of the overall rates. Our daughter came off "new driver" status a year or so ago.

A single at-fault accident where the insurance company pays out more than $500 will remove the safe driver credit and add violation points to any one of us, bumping the cost for that person up by about $500/yr for 5 years.

2006 330i. $624/yr for 100/300/100 100/100, $0 glass, $500 deductibles otherwise, rental and towing.

Originally Posted by mo.karney

I am just a little curious as to how much people are paying for their insurance.


I am 17, clean record, and I have to pay $1400 every 6 months for a 2011 328Xi...

I'm 23. I pay $111/month for my '07 328i. $500 deductible for collision repair, and I'm covered for theft, vandalism, medical expenses for myself and other drivers involved, damage to other vehicles, hail damage, collision with animals, and a few other bells and whistles - unfortunately I'm not looking at my insurance plan this second so I can't tell you EXACT deductibles for each. But I'd say my coverage is pretty good for the price, USAA is outstanding when it comes to car insurance.

Pays to be old! 40, nothing on my record (not for lack of trying!) $650 a year in the Boston area, full coverage, $300 deductible on collision, zero deductible on glass!

Hmm... so I am not overpaying too much... I wonder if my insurance would go down or up in a v8 Mustang.... My dad is 50 and he pays $400 a year, but he drives a frickin Prius, so its cheap to insure! I wonder if there is any way to get mine under 1k, or even to $1250 every 1/2 year.... Any suggestions?

Originally Posted by mo.karney

Hmm... so I am not overpaying too much... I wonder if my insurance would go down or up in a v8 Mustang.... My dad is 50 and he pays $400 a year, but he drives a frickin Prius, so its cheap to insure! I wonder if there is any way to get mine under 1k, or even to $1250 every 1/2 year.... Any suggestions?

Max out deductibles... I think you're paying a lot for a 328.

Originally Posted by mo.karney

Hmm... so I am not overpaying too much... I wonder if my insurance would go down or up in a v8 Mustang.... My dad is 50 and he pays $400 a year, but he drives a frickin Prius, so its cheap to insure! I wonder if there is any way to get mine under 1k, or even to $1250 every 1/2 year.... Any suggestions?

Shop around. Car insurance is highly variable based on age, record, area, etc.

Originally Posted by mo.karney

I am just a little curious as to how much people are paying for their insurance.


I am 17, clean record, and I have to pay $1400 every 6 months for a 2011 328Xi...

That seems incredibly cheap. I'm almost double your age and pay more than that.

Come to Canada guys. 23, clean record, $3800/year. $2 mil liability, $500 deductibles.

Originally Posted by ptrcd003

Come to Canada guys. 23, clean record, $3800/year. $2 mil liability, $500 deductibles.

Are there the right number of zeroes there?

Not one of these threads again. Oh my lord...

Originally Posted by roadkillrob

Pays to be old! 40, nothing on my record (not for lack of trying!) $650 a year in the Boston area, full coverage, $300 deductible on collision, zero deductible on glass!

That's true in most states, but actually due to restrictions in MA, your age has no impact on insurance premiums except for a mandatory discount for drivers 65+, but they do rate on years licensed... but that phases in fully by about 5-6 years. So you are essentially paying the same now as you would if you were 25 with the same car/coverages..

Originally Posted by Zooks527

Are there the right number of zeroes there?

Haha that is not a mistake. Cheapest quote too, the next company wanted $5000.

NJ has one of the highest rates and I'm 24, clean record, just got an 09 328xi and pay ~$1400/year. My limits/covereages are $500 coll, comprehensive, 100/300 liability, roadside & rental.

$116/mo. Im 23, with a few speeding tickets, $150 deduct, full coverage, $1500/30day rentals insurance, and uninsured motorists. Why is mine so cheap, I really have no idea, but not complaining one bit.

Originally Posted by WreckerAFG

$116/mo. Im 23, with a few speeding tickets, $150 deduct, full coverage, $1500/30day rentals insurance, and uninsured motorists. Why is mine so cheap, I really have no idea, but not complaining one bit.

What do you mean when you say "full coverage"?

Originally Posted by tmcgrew1788

What do you mean when you say "full coverage"?

Like medical, collision, theft, animals, stuff like that.

Originally Posted by WreckerAFG

Like medical, collision, theft, animals, stuff like that.

Gotcha, what are the limits on medical and comprehensive? Usually that's the biggest cost on a premium. I have $100k/300k

Six month rates for 42 male with clean record in Atlanta suburbs multi-car policy with 'full' coverage (umbrella needed for higher coverage):

1995 FERRARI 355 $ 435.63
2010 MAZDA MX-5 MIATA CONV $271.82
2009 BMW 328 I CONV $327.59

All with USAA

How are you guys getting such cheap rates at young ages. My wife an I are in our 50s and we pay much higher rates with no claims. What company are you guys with? We are with State Farm.

Originally Posted by SuperTerp

Max out deductibles... I think you're paying a lot for a 328.

That is what I was thinking. When I was on my dad's Prius I was paying $640 per 6 months...

Originally Posted by mynycbimmer

That seems incredibly cheap. I'm almost double your age and pay more than that.

IDK ... Do you have tickets or anything like that? What car do you have?

Originally Posted by ptrcd003

Come to Canada guys. 23, clean record, $3800/year. $2 mil liability, $500 deductibles.

JEEZ! I thought everything was free in Canada including maple syrup...

Originally Posted by SARAFIL

Not one of these threads again. Oh my lord...

I didn't see one for E9X.... Saw the Z4... so I was curious what people are paying...

Originally Posted by WreckerAFG

$116/mo. Im 23, with a few speeding tickets, $150 deduct, full coverage, $1500/30day rentals insurance, and uninsured motorists. Why is mine so cheap, I really have no idea, but not complaining one bit.

$120ish X 6 is $720 per 6 months, not bad! Are those tickets on your record? I would expect those tickets to raise your price....

Originally Posted by MP3_E46

Six month rates for 42 male with clean record in Atlanta suburbs multi-car policy with 'full' coverage (umbrella needed for higher coverage):

1995 FERRARI 355 $ 435.63
2010 MAZDA MX-5 MIATA CONV $271.82
2009 BMW 328 I CONV $327.59

What do you mean by full coverage? I have 100/300...

Originally Posted by jerrykur

How are you guys getting such cheap rates at young ages. My wife an I are in our 50s and we pay much higher rates with no claims. What company are you guys with? We are with State Farm.

Depends on where you live too. I'm with Progressive...Flo's got me covered