03-12-2024, 12:59 PM | #1 |
New Member
0
Rep 6
Posts |
How much is your insurance ???!
Wanted a general outlook and what people are paying for there insurance monthly on full coverage. im at $287 a month for my 2019 bmw 540i at 21st century !
|
03-12-2024, 02:20 PM | #3 |
Major General
7502
Rep 6,869
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [10.00] 2018 BMW M550 [10.00] |
I honestly have no idea specifically what the M550 costs me, I have six cars on my policy. I pay $514.06 per month for all of them.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
0
|
03-12-2024, 03:19 PM | #5 |
Private
15
Rep 55
Posts |
$165 a month for my 2023 530e with Travelers.
|
Appreciate
1
Baylor200010.50 |
03-12-2024, 03:24 PM | #6 |
Lieutenant Colonel
1758
Rep 1,674
Posts |
My 2020 M550 is about $110 per month with USAA.
But I also have 3 other vehicles and my home insured with them. It really depends where you live and how much the insurance costs. I know its pretty damn high in Florida and California for example.
__________________
2020 M550 / Dark Graphite / Napa Saddle Brown / DHP Pkg / Exec Pkg / Luxury Pkg / Parking Asst Pkg
|
Appreciate
1
Joe-BMW337502.00 |
03-12-2024, 04:37 PM | #8 |
Colonel
2030
Rep 2,953
Posts
Drives: 2020 BMW 530xe
Join Date: Jul 2019
Location: Farmington, NY
|
I am at ~$135 for my 2020 530xe.
But insurance is very variable between location and companies. I would shop around if your rates feel out of line. High rates are one way insurers can say “we don’t want you” without outright denying you. It doesn’t mean you are a problem in anyway. They may just optimize for college graduates who are married with no kids who bank with credit unions or something. |
Appreciate
0
|
03-12-2024, 06:02 PM | #9 |
Lieutenant Colonel
1339
Rep 1,656
Posts |
FL sucks for insurance. My insurance almost doubled when I moved here from the northeast. I pay $250/mo for my M550i and X3 combined.
__________________
2020 M550i (G30) | Carbon Black/Black Nappa | DHP | DAP | Executive | Luxury Seating | Park Asst | Ceramic Controls | Front/Rear Heated Seats | 20" 668M wheels
2021 X3 (G02) | Dark Graphite Metallic/Cognac | Premium | DAP | Front/Rear Heated Seats Sold/Retired: 2012 328i (F30) |
Appreciate
1
HerkHealer1757.50 |
03-12-2024, 07:04 PM | #10 |
Major
1009
Rep 1,185
Posts
Drives: 2023 M550i CBM/Ivory
Join Date: Nov 2021
Location: NJ
|
lol are you 16 and how bad is your driving record? also what state/city are you in. unless you have a dwi seems pretty awful
|
Appreciate
0
|
03-12-2024, 08:07 PM | #11 | |
Lieutenant Colonel
1758
Rep 1,674
Posts |
Quote:
I hear this all the time from my Aunt/Uncle who moved to FL about 8 years ago. Their home, property and auto insurance have tripled. But they do have nice beaches by nearby (what I tell them). LOL
__________________
2020 M550 / Dark Graphite / Napa Saddle Brown / DHP Pkg / Exec Pkg / Luxury Pkg / Parking Asst Pkg
|
|
Appreciate
0
|
03-12-2024, 08:48 PM | #12 |
Lieutenant Colonel
1339
Rep 1,656
Posts |
Yeah I was SHOCKED when I saw my FL auto insurance. I thought I messed something up and went back and forth through my selections a few times to see what happened We're building a home now that's costing us some (welcome to FL real estate) and I cannot wait to see what the home insurance is going to cost
__________________
2020 M550i (G30) | Carbon Black/Black Nappa | DHP | DAP | Executive | Luxury Seating | Park Asst | Ceramic Controls | Front/Rear Heated Seats | 20" 668M wheels
2021 X3 (G02) | Dark Graphite Metallic/Cognac | Premium | DAP | Front/Rear Heated Seats Sold/Retired: 2012 328i (F30) Last edited by adhrp; 03-12-2024 at 09:28 PM.. |
Appreciate
0
|
03-12-2024, 10:03 PM | #13 |
New Member
17
Rep 21
Posts |
2017 540i. About $2700 a year. One accident 9 years ago. No tickets.
We have some of the highest rates in Canada. Since the UCP provincial government came in 5 years ago and removed rate increase caps, my insurance has steadily gone up from being $1800 a year, and I was insuring new Land Rovers/Jags at that time. |
Appreciate
1
xander_g1019.50 |
03-12-2024, 11:09 PM | #14 |
Major General
4577
Rep 5,409
Posts |
On our '14 535i & '19 540i we're paying ~$2200 per annum; and that's with driving less than 10K miles per year on both cars. No accidents or tickets. We're also both WELL over 16
|
Appreciate
0
|
03-13-2024, 09:34 AM | #15 |
Private
72
Rep 80
Posts
Drives: 2022 BMW M550
Join Date: Aug 2021
Location: Mid-South
|
2022 M550 $1387 per year State Farm.
|
Appreciate
0
|
03-13-2024, 09:48 AM | #16 | |
Lieutenant Colonel
1758
Rep 1,674
Posts |
Quote:
You should start looking at home insurance now. My Aunt and Uncle live in FL and their home insurance is now more than their mortgage payment.
__________________
2020 M550 / Dark Graphite / Napa Saddle Brown / DHP Pkg / Exec Pkg / Luxury Pkg / Parking Asst Pkg
|
|
Appreciate
1
LogicalApex2030.00 |
03-13-2024, 10:28 AM | #17 |
New Member
11
Rep 26
Posts
Drives: BMW M550i
Join Date: Mar 2023
Location: Phenix City, Alabama
|
2021 BMW M550i and I pay $260/month with excellent credit and no accidents/tickets over 50 years old with Travelers. All other quotes well over $300. It sucks for me in Alabama. Last year with my 2020 M550i it was $187/month.
|
Appreciate
0
|
03-13-2024, 10:33 AM | #18 | |
Major
1020
Rep 1,136
Posts
Drives: G30 M550i
Join Date: Oct 2016
Location: Toronto
|
Quote:
Ontario, York Region, clean record |
|
Appreciate
1
n-hampt416.50 |
03-13-2024, 01:52 PM | #19 |
New Member
81
Rep 26
Posts |
2020 M550 in NY $241 a month with Geico. Shopped it around a couple times and no one comes lower then Geico with my same coverages.
|
Appreciate
0
|
03-13-2024, 04:41 PM | #20 | |
Lieutenant Colonel
1758
Rep 1,674
Posts |
Quote:
Feel bad for you bro. But it's how things are now. I dont see how the next generation are going to afford anything unless wages go up 300%.
__________________
2020 M550 / Dark Graphite / Napa Saddle Brown / DHP Pkg / Exec Pkg / Luxury Pkg / Parking Asst Pkg
|
|
Appreciate
0
|
03-13-2024, 05:58 PM | #22 | |
Lieutenant Colonel
1339
Rep 1,656
Posts |
Quote:
__________________
2020 M550i (G30) | Carbon Black/Black Nappa | DHP | DAP | Executive | Luxury Seating | Park Asst | Ceramic Controls | Front/Rear Heated Seats | 20" 668M wheels
2021 X3 (G02) | Dark Graphite Metallic/Cognac | Premium | DAP | Front/Rear Heated Seats Sold/Retired: 2012 328i (F30) |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|