M3 blacklisted!

mcp202 · 05-13-2011, 06:04 PM

My car is currently in Brunswick, GA waiting to be sent to Orlando. I decided to give my agent with Allstate a call to get a quote. I gave her the model and was told that car may be on some list that Allstate does not insure. I assured her that was not the case. It’s "just” an M3 right!? To my surprise, she told me they don’t insure the M3! I almost fell out of my chair. Keep in mind this list includes Veyrons, Lamborghinis, Maseratis, etc.

I was curious as to why they did not insure the M3. She said something along the lines of it was a high speed performance car. I have been with Allstate for around 3+ years and I asked if this would be taken into consideration. She checked with the owner and apparently I can get coverage due to the length of time I have been a policyholder with Allstate. She said Allstate stopped writing coverage for the M3 about a year ago. I had no idea. I think that is a pretty strong statement for the M3 to be classified in a category with true exotics.

LateBraking · 05-13-2011, 06:08 PM

My 2008 M3 was insured through Allstate for 3 years, and my 2011.5 M3 has been insured with Allstate for four months. I doubt that your location (I'm in CA) will cause the whole vehicle to be blacklisted by insurance, and I think that your agent is straight spouting a fountain of pure bullshit from concentrate, possibly to jack up your rates or something. I'd find a new agent.

wrh3 · 05-13-2011, 06:11 PM

Really? I had my Lotus and now our M3 both insured with AllState.

Erhan · 05-13-2011, 06:27 PM

BS. They insure M3. In fact, I'm paying less than when I used to pay for my Z4MC.

Dannys M3 · 05-13-2011, 06:55 PM

I better call allstate and let them know that my insurance for the last two years has been invalid.

mcp202 · 05-13-2011, 07:22 PM

I know I had seen a few members list Allstate as their insurance recently when others had posted about rates. I am not sure why she would have said that

signes · 05-13-2011, 07:44 PM

Another insured by Allstate here. They've insured both my current and prior M3 for the last 5+ years.

klammer · 05-13-2011, 07:50 PM

Allstate insured... She's shoveling it

RichMattB · 05-13-2011, 08:40 PM

That's ridiculous. My premiums went DOWN when I switched from an '07 335i to an '11 M3.

FlaGatorM3 · 05-13-2011, 08:46 PM

I just had Allstate trying to get me to switch to them. This was a local Orlando, FL Allstate office. Had them when I had my 330, but i got a much better rate from another company.

Seattle S65B40 · 05-13-2011, 09:18 PM

You got served with some straight ERRONEOUS info bro. All State insured here. < $130/mo.

klammer · 05-13-2011, 09:19 PM

Inerrant · 05-13-2011, 09:50 PM

Im with Allstate also and my premium went down when i add the M3!!!!! She is lying to you!

jrlee53 · 05-13-2011, 09:58 PM

Ive been with allstate for only a year and a half. They offered me the best quote out of anybody. I would just call again. Some of their agents are full of it sometimes. I called 4 different times and got 4 different quotes before I settled on them.

TMR · 05-13-2011, 10:06 PM

Im in SOCal and my M3 is insured with allstate. no issues.

mdosu · 05-13-2011, 10:14 PM

OP maybe you've been blacklisted by AllState

ooowowizstev · 05-13-2011, 10:23 PM

Quote:

Originally Posted by mdosu

OP maybe you've been blacklisted by AllState

Lol +1. Your next car has already been blacklisted as well so don't even try.

Poppin Fresh · 05-13-2011, 10:53 PM

I'm in Northern NJ and I've got Allstate. Sounds very sketchy.

mcp202 · 05-13-2011, 11:56 PM

Quote:

Originally Posted by ooowowizstev

Lol +1. Your next car has already been blacklisted as well so don't even try.

LOL. I can get coverage since I have been with them for several years. She said they stopped underwriting new policies for the M3 around a year ago. My premium went up around $60 for 6 months from the G37.

kaykay · 05-14-2011, 12:16 AM

Complete BS sounds like you got quite the jewel on the phone.

My father always said "for stupidity, there is no remedy"

Grail05 · 05-14-2011, 12:26 AM

I pay 90 / month but statefarm... Screw allstate then...

KGB7 · 05-14-2011, 01:05 AM

Recently i tried renewing insurance with State Farm and they wanted 3 times more then what i have been paying them in the last 5 years. Their excuse, is that the prices have gone up. Its same vehicle they have insured in the last 5 years.

So i went with Geico instead.

Bottom line, your agent wants more money thats why they come up with these crazy BS story.

05-13-2011, 06:04 PM	#1
mcp202 Private 4 Rep 85 Posts Drives: V3 CTS V Join Date: Oct 2010 Location: FL iTrader: (0)	M3 blacklisted! My car is currently in Brunswick, GA waiting to be sent to Orlando. I decided to give my agent with Allstate a call to get a quote. I gave her the model and was told that car may be on some list that Allstate does not insure. I assured her that was not the case. It’s "just” an M3 right!? To my surprise, she told me they don’t insure the M3! I almost fell out of my chair. Keep in mind this list includes Veyrons, Lamborghinis, Maseratis, etc. I was curious as to why they did not insure the M3. She said something along the lines of it was a high speed performance car. I have been with Allstate for around 3+ years and I asked if this would be taken into consideration. She checked with the owner and apparently I can get coverage due to the length of time I have been a policyholder with Allstate. She said Allstate stopped writing coverage for the M3 about a year ago. I had no idea. I think that is a pretty strong statement for the M3 to be classified in a category with true exotics.
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05-13-2011, 06:08 PM	#2
LateBraking Brigadier General 324 Rep 3,882 Posts Drives: Relatively Quick. Join Date: Sep 2008 Location: U.S.A. iTrader: (27)	My 2008 M3 was insured through Allstate for 3 years, and my 2011.5 M3 has been insured with Allstate for four months. I doubt that your location (I'm in CA) will cause the whole vehicle to be blacklisted by insurance, and I think that your agent is straight spouting a fountain of pure bullshit from concentrate, possibly to jack up your rates or something. I'd find a new agent. Last edited by LateBraking; 05-23-2011 at 12:29 PM..
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05-13-2011, 06:11 PM	#3
wrh3 Car Guy 31 Rep 796 Posts Drives: 2005 MCS, 2013 Corvette 427 Join Date: Aug 2007 Location: ATL, GA iTrader: (10)	Really? I had my Lotus and now our M3 both insured with AllState. __________________ Bill- 2005 Mini Cooper S, 2013 Corvette 427 www.billswebspace.com/bmwindex BMW CCA Member # 389948
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05-13-2011, 06:27 PM	#4
Erhan Colonel 87 Rep 2,464 Posts Drives: Cooper S Join Date: Oct 2008 Location: Seattle iTrader: (0)	BS. They insure M3. In fact, I'm paying less than when I used to pay for my Z4MC. __________________ 2011 MINI Cooper S previous cars: E92 M3, Z4MC, Z4 Roadster, E36 328 Sedan
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05-13-2011, 06:55 PM	#5
Dannys M3 Captain 71 Rep 733 Posts Drives: Jaguar F Type R Join Date: Sep 2006 Location: South Florida iTrader: (3) Garage List 2008 M3 [10.00]	I better call allstate and let them know that my insurance for the last two years has been invalid.
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05-13-2011, 07:22 PM	#6
mcp202 Private 4 Rep 85 Posts Drives: V3 CTS V Join Date: Oct 2010 Location: FL iTrader: (0)	I know I had seen a few members list Allstate as their insurance recently when others had posted about rates. I am not sure why she would have said that
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05-13-2011, 07:44 PM	#7
signes Brigadier General 199 Rep 4,318 Posts Drives: 991 GT3 RS Join Date: Sep 2008 Location: Living at (almost...) 9k iTrader: (5)	Another insured by Allstate here. They've insured both my current and prior M3 for the last 5+ years. __________________ GT3 RS \| Desperately seeking the next great M car...
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05-13-2011, 07:50 PM	#8
klammer Brigadier General 97 Rep 3,246 Posts Drives: 11 spc gry m3 e90, 19 X5 Join Date: Jan 2010 Location: chicago iTrader: (0)	Allstate insured... She's shoveling it __________________ mods: track ready stuff
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05-13-2011, 08:40 PM	#9
RichMattB Private First Class 12 Rep 136 Posts Drives: e90 ///M3, e70 X5 4.8i Join Date: May 2009 Location: NE USA iTrader: (0)	That's ridiculous. My premiums went DOWN when I switched from an '07 335i to an '11 M3.
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05-13-2011, 08:46 PM	#10
FlaGatorM3 Registered 0 Rep 3 Posts Drives: 2011 M3 JB/FR Join Date: May 2011 Location: Orlando iTrader: (0)	I just had Allstate trying to get me to switch to them. This was a local Orlando, FL Allstate office. Had them when I had my 330, but i got a much better rate from another company.
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05-13-2011, 09:18 PM	#11
Seattle S65B40 Major 213 Rep 1,395 Posts Drives: 2008 e92 M3 Join Date: Jan 2011 Location: PNW iTrader: (0) Garage List 2008 BMW M3 [0.00]	You got served with some straight ERRONEOUS info bro. All State insured here. < $130/mo. __________________ Club 6MT 2008 E92 M3 6MT, AW/Blk Ext., brushed aluminum 2006 E46 M3 ZCP 6MT Carbon blk/blk(sold) 2001 E46 325Xi 5MT Jet Blk/Blk (sold)
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05-13-2011, 09:19 PM	#12
klammer Brigadier General 97 Rep 3,246 Posts Drives: 11 spc gry m3 e90, 19 X5 Join Date: Jan 2010 Location: chicago iTrader: (0)	__________________ mods: track ready stuff
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05-13-2011, 09:50 PM	#13
Inerrant Private First Class 5 Rep 129 Posts Drives: 2011.75 BMW M3 E93 Join Date: Feb 2011 Location: NOVA iTrader: (0)	Im with Allstate also and my premium went down when i add the M3!!!!! She is lying to you!
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05-13-2011, 09:58 PM	#14
jrlee53 Captain 157 Rep 837 Posts Drives: 2010 E90 M3 Join Date: Sep 2009 Location: Queens, NY iTrader: (0)	Ive been with allstate for only a year and a half. They offered me the best quote out of anybody. I would just call again. Some of their agents are full of it sometimes. I called 4 different times and got 4 different quotes before I settled on them. __________________ 2003 Cobra -> 2010 BMW e90 M3 - Space Grey - Black on Carbon Leather Int. - BRILLIANT CAR!!
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05-13-2011, 10:06 PM	#15
TMR Brigadier General 394 Rep 3,161 Posts Drives: M3 Join Date: Jun 2008 Location: Torrance iTrader: (12)	Im in SOCal and my M3 is insured with allstate. no issues. __________________ 2015 M3 BPM Tuned, Eibach, Magnaflow and more www.tmrmzine.com/m3/f80 SOLD E92 Slēk Carbon Fiber Widebody M3 www.tmrmzine.com/m3/slek/ SOLD E92 335i Stage 3+ with all the toys www.tmrmzine.com/335/ SOLD E39 M5 Modded, What a great car! www.tmrmzine.com/m5/
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05-13-2011, 10:14 PM	#16
mdosu Banned 314 Rep 8,496 Posts Drives: Double Vanos'd Civic-M3 Join Date: Oct 2009 Location: San Francisco iTrader: (6)	OP maybe you've been blacklisted by AllState
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05-13-2011, 10:53 PM	#18
Poppin Fresh Colonel 85 Rep 2,148 Posts Drives: With a sunroof and front plate Join Date: May 2009 Location: Bergen County NJ iTrader: (0)	I'm in Northern NJ and I've got Allstate. Sounds very sketchy. __________________
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05-14-2011, 12:16 AM	#20
kaykay Lieutenant Colonel 90 Rep 1,769 Posts Drives: 2011 E92 M3 ZCP Join Date: Apr 2010 Location: SoCal iTrader: (0) Garage List 2011 E93 328i Conve ... [9.50] 2011 E92 M3 ZCP [8.66] 2008 550i Sport [10.00]	Complete BS sounds like you got quite the jewel on the phone. My father always said "for stupidity, there is no remedy" __________________ '12 CLS550 Palladium Silver - loaded '11 E92 M3 ZCP - SG/B-EXT/CF, M-DCT, loaded '11 E93 328i, BSM over Saddle Brown, sport, loaded '08 550i M-Sport, Carbon Black (Gone but not forgotten), '06 W211 E55 AMG (Gone, miss this animal),'01 E39 540i Sport
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05-14-2011, 12:26 AM	#21
Grail05 Putcha ang ganda... 279 Rep 5,441 Posts Drives: 17 F82 M4 Join Date: Feb 2010 Location: Los Angeles, Brea CA. iTrader: (10)	I pay 90 / month but statefarm... Screw allstate then... __________________
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05-14-2011, 01:05 AM	#22
KGB7 Crazy Russian Bastard 30 Rep 819 Posts Drives: 01 740i sport Join Date: Apr 2011 Location: Siberian Prison iTrader: (0)	Recently i tried renewing insurance with State Farm and they wanted 3 times more then what i have been paying them in the last 5 years. Their excuse, is that the prices have gone up. Its same vehicle they have insured in the last 5 years. So i went with Geico instead. Bottom line, your agent wants more money thats why they come up with these crazy BS story. __________________ B M W
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