Looks like Geico may have gotten wise to a ticket or two I got...

[TC535i]

Just got my new bill, and they want $1200 every 6 months, to insure my $900 E30. Liability only.

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Where are the insurance brokers in here again???

[Sweetwater]

I just got my 15.9 yo son on the '94 quattro and that's what I'm paying for 4 vehicles. Minimum insurance on the quattro, full coverage on the others, he's restricted.

WHAT are the tickets that you accumulated?

And unfortunately, where are you located....

[TC535i]

San Diego, of course one of the most expensive places to insure a car in the US.

Couple speeding tickets, nothing over 100 tho. How far back do they check?

[winfred]

http://members.cox.net/wdixon27/burnout.gif

[andyman32]

I have a '94 540i and a '98 Volvo S70 GLT (Turbo I5) and together my wife and I cost $450 every 6 months.

Man, $1200 every 6 months... ****... that sounds like when I had my E39 and my wife didn't even have her drivers' license for NC yet... yikes. We paid just about $1200/6 months then!!!

Good luck w/ that ;)

[Jeff N.]

...if I recall correctly, they can go back 3 years for standard moving violations, 7 years for serious violations like DUI, reckless, and similar.

After I got married, was changing up the insurance to better match what we need - learned something interesting.

My insurance co (regional company) saw a *big time* difference in a speeding violation that was more than 10 over. They almost bounced me because of one - one - ten over for some special coverage that we wanted.

Sooo...if you have a couple speeding ticks that are each a fair amount over the limit, that might explain the butt reaming...

bastards, eh!?

Jeff



San Diego, of course one of the most expensive places to insure a car in the US.

Couple speeding tickets, nothing over 100 tho. How far back do they check?

[rickm]

NC is a screw for insurance....you just can't call GEICO or some national number you have to talk to someone who is NC enrolled or something. We were paying roughly 1100/6 months back in 94 when we married because of "hotrod's" driving record (every drive was Paris-Dakar when she was behind the wheel, hehe). How we're at 387/6 mo for a 93 E34 and a 95 Vol 850. One ticket and watch that double though. :P

TC, I'd shop around. I cut my rate by 1/3 when I bailed from GEICO and went to Nationwide. Look for those homeowner discounts, too.

[dave b]

I also have ultra high insurance, but that's a CA thing. Most of it is probably due to fraud.

So, I did a lot of research and found that your rates are determined on 3 primary factors and about 14 secondary factors. The primary factors are:

1) your car
2) your record
3) I forget the third, but it's NOT your zip code

Basically, it all adds up to your exposure to risk. Now here in CA, the first thing they ask you is :what's your zip. This is not allowed because it's not a primary factor, but they do it anyway. There's some CA proposition that prohibits it. I moved 3 blocks but into a new zip code and they increased my rates by about 30%. Not acceptable to me, and I called them on it. They played with the numbers and they equalized my bill by changing my miles driven annually to <7,500. The salesman told me that's a good number to play with because they don't care about it but it lowers your risk exposure.

So, start there and then stop getting caught...

Also, if you don't care about your $900 car, just go with some fly by night insurance company for your car, then add an umbrella policy on your homeowners to cover the liability if you have a wreck and someone sues you.


Dave
93 525i
141k



Just got my new bill, and they want $1200 every 6 months, to insure my $900 E30. Liability only.

...

...

...

Where are the insurance brokers in here again???

[KurtM]

insurance for the year. 2 good drivers w/no points or tickets on record,
2001 Dodge Ram wifes daily driver, 3 miles round trip.
1988 Toyota 4wd my daily driver, 64 mile round trip.
1995 BMW 525i Weekend driver

I always call and get multiple quotes from the major insurers and they can't beat the $1800 per year including homeowner insurance discount.

Daughter will be driving in 3 years, wonder what that will add?

Kurt
95 525ia

[Derek A.]

1990 BMW 535i Full coverage
1977 Corvette Full Coverage
1989 Kawasaki KZ1000P PLPD (for now)

$130 a month for everything !

[TC535i]

No home here... still living with the 'rents (23 years old, good luck affording a house in San Diego... working on it tho!)

Got a quote today, for the 325es and my 535i, 100/300/100, 5k medical... under $800/6 mo, with Mercury. May just do that, liability only... and be REALLY careful for the next year till I get my CA good driver discount (only 1 point on my record), and can afford comp/collision for the 5!

[JohnC]

is that why you were at anthonys? you changing careers? i saw your car there a few times last week. dont think you saw my car because i came in at 9 and leave before 12:30 but i had the other alpine white, my car had the tstars on it.

[JohnC]

oh yea mercury is pretty cheap but they kinda suck with claims.

[ronnie]

San Diego, of course one of the most expensive places to insure a car in the US.

Couple speeding tickets, nothing over 100 tho. How far back do they check?


Ha - be grateful your not from Ireland my insurance costs 3300 EUR (equates to bout $4000) for a 520. And thats for a full clean license

[TC535i]

is that why you were at anthonys? you changing careers? i saw your car there a few times last week. dont think you saw my car because i came in at 9 and leave before 12:30 but i had the other alpine white, my car had the tstars on it.

Yeah, dude!! I saw your car on my break a few times, you moved it too. T-stars, sidemarker in the fender trim, etc etc... def. saw it, nice ride!

Yup, I was taking a Series 7 prep course there, got my exam on Thursday! :(

[Scott E]

I had a claim with Mercury a couple of years ago and they handled it in a timely manner and to my satifaction.




oh yea mercury is pretty cheap but they kinda suck with claims.

[dave b]

You get what you pay for. When my car was damaged, the guy at the body shop told me that Geico was pretty good, although the best were the more expensive ones like State Farm and AAA. He based his rankings on how much the companies would pay out for repairs. More money for repairs = better quality replacement parts (ideally, in reality it means the body shop gets more $$$).

He told me he had Mercury or 21st or something like that. The big ones are probably all fine; I would stay away from the companies that advertise in the fliers on your windshield (those of you in SoCal know what I mean).

dave
93 525i
141k




I had a claim with Mercury a couple of years ago and they handled it in a timely manner and to my satifaction.

[Matt P]

This is why I go to the trouble to fight every ticket.

At least here in Texas you can get the ticket off your insurance record with deferred adjudication (the city gets the $$$, you don't get another ticket for 1-3-6 months, the Ins company doesn't see the ticket), if not outright dismissed (50% of the time for me) in court. It pays for itself on the insurance front, though you may have to show up in court.

For full coverage with $500K limits for 3 cars (535i, M5T, 540iT) I'm paying $1400/year

[JohnC]

I had a claim with Mercury a couple of years ago and they handled it in a timely manner and to my satifaction.

maybe its just the guy i have, he would answer his phone about 25% of the time and never returned my messages.

good luck tim. i went there and i was like whoa thats tim collins' the guy in the yellow protege thinks his car was the best one around hahah.

[Scott E]

Dont be afraid to call and ask for another adjuster if you feel the one assigned isnt getting the job done

[Jeff N.]

You'd think a company could make money for a lot less than that rate. Is insurance highly taxed?

[Tiger]

Damn! That's cheap! I am clean and I am seeing $1200 for just liability a year.

[TC535i]

I just ran numbers thru Mercury... For my '90 535i and my '86 325es, liability only, same 100/300/100, 100/300, 5k medical, my total comes out to $788/6 mo... not too bad.

[ronnie]

Not really - you see in Ireland we got lots of muppets who hurtle around in little cars and cause a lot of accidents. As a result, people in a similar age bracket (me) who drive carefully are subjected to huge premiums. Also the insurance market here is so much smaller than most other countries that higher premiums are needed for companies to make profit.


You'd think a company could make money for a lot less than that rate. Is insurance highly taxed?