How much are you young guys(16-26) paying for insurance on your M3?

Cali01 · 03-23-2012, 12:41 PM

Just want you guys to state the following information, so I can have an idea what mine will cost...
Age: 16-26
Year/Type: 2008-2012/E90, E92, E93
City Size: Big, Average, or Small
Insurance Company
Insurance policy with or with out parents
Total cost per year
***No Personal Information Needed***
Thanks in Advance

-Cali01

Cali01 · 03-23-2012, 01:35 PM

I guess no one owns a M3 that is the age of 16-26?

CarbonAlpine · 03-23-2012, 01:50 PM

This has been discussed many many times...but ill play

Age: 26
2011 e92 m3
Miami...big city with crappy drivers
Progressive Full Coverage alone...no parents or other drivers
100/300/150
About 2600 yr

Cali01 · 03-23-2012, 02:06 PM

Funny enough I searched, couldn't find it here are the results...
http://www.m3post.com/forums/search....rchid=21244433

atruelunatic · 03-23-2012, 03:30 PM

Age: 21
Year/Type: 2011 e92
City Size: Small
Geico
With parents
~$1600/year

JRZBLK · 03-23-2012, 03:36 PM

Too much.

Not to mention a previous DUI and the age factor. Bad mix.
(and no there was no drunk driving in the M).

Cali01 · 03-23-2012, 04:15 PM

Quote:

Originally Posted by atruelunatic

Age: 21
Year/Type: 2011 e92
City Size: Small
Geico
With parents
~$1600/year

$1600 a year isn't that bad, considering the assessed value(over $65k), and you bought brand new I'm guessing. If you don't mind me asking did you put it down as your DD?

persian54 · 03-23-2012, 04:22 PM

Age: getting to mid 20s
Year/Type: 2011 e93 M3 $83k MSRP
City Size: LA, big
Insurance Company Wawanesa
Insurance policy with or with out parents: over 10 people cars and multiple drivers
Total cost per year: $1400
full coverage

M3PO · 03-23-2012, 05:13 PM

25
Clean record
2008 E92
Orange County
Geico
Full coverage, no parents, 50/100, $500 ded
$150 per month (2 car policy, '84 325e liability only)

onnex · 03-23-2012, 05:17 PM

the insurance is toooooo damn high.

budski · 03-23-2012, 06:11 PM

23
2012 e92 dct
Charlottesville(medium)
On my own policy
$170/month

Cali01 · 03-23-2012, 06:41 PM

How bad would insurance be, lets say for a 17.5 year old driving an 2009 BMW M3 E90, assessed value of $45,000, in a small town as a DD, on their parents policy(have clean records).
That is totally not the scenario I'm facing

paradocs98 · 03-23-2012, 08:20 PM

Quote:

Originally Posted by Cali01

How bad would insurance be, lets say for a 17.5 year old driving an 2009 BMW M3 E90, assessed value of $45,000, in a small town as a DD, on their parents policy(have clean records).
That is totally not the scenario I'm facing

Based on all the recent "I wrecked my M3" threads written by young, inexperienced drivers, the premium should be $100k a year to discourage parents from being so oblivious and/or irresponsible in allowing their kids to have such a car. You spend 17 years raising your child, nurturing them, educating them, trying to keep them away from unnecessary harm, and then you give them the keys to a 420hp weapon? Funny way of showing love.

matt44228 · 03-23-2012, 08:52 PM

Quote:

Originally Posted by paradocs98

Based on all the recent "I wrecked my M3" threads written by young, inexperienced drivers, the premium should be $100k a year to discourage parents from being so oblivious and/or irresponsible in allowing their kids to have such a car. You spend 17 years raising your child, nurturing them, educating them, trying to keep them away from unnecessary harm, and then you give them the keys to a 420hp weapon? Funny way of showing love.

come on man.... im 19 and ever since i was 16 with my permit iv been drving my dads cars... m6 m3.. and yeah i may speed alittle from time to time but it doesnt matter what car the kid has, i see kids with vdubs and they do stupid shit all the time. If he kids smart the kids smart, doesn't matter if you give him the keys to a 150hp car or a 600hp machine.

Mike Lu · 03-23-2012, 08:58 PM

Age: 21
E92 M3
non US citizen (my own policy)
full premium coverage
270 per month

DARK_M3 · 03-23-2012, 09:01 PM

Quote:

Originally Posted by paradocs98

Based on all the recent "I wrecked my M3" threads written by young, inexperienced drivers, the premium should be $100k a year to discourage parents from being so oblivious and/or irresponsible in allowing their kids to have such a car. You spend 17 years raising your child, nurturing them, educating them, trying to keep them away from unnecessary harm, and then you give them the keys to a 420hp weapon? Funny way of showing love.

Completely agreed. There's a reason insurance rates drop when you hit 26.

FVM3 · 03-23-2012, 09:07 PM

Quote:

Originally Posted by Cali01

I guess no one owns a M3 that is the age of 16-26?

i believe most of them own an m3 in the age of 16-26

HotIce · 03-23-2012, 09:52 PM

I don't think anyone at the age of 16 and driving an M3 is paying for their own Insurance(or the car for that matter). I think this thread title should be How much is your dad paying for your M3's insurance?

1MOREMOD · 03-23-2012, 10:05 PM

Well I'm 40 and pay 63 a month for full coverage with state farm. Pays to be old.

Arben72 · 03-23-2012, 10:10 PM

Age: 16
Year: 2012
Insurance: Country
Price: If you have to ask you can't afford it

Eric335 · 03-23-2012, 10:20 PM

How much more is it vs a 335i? Just wondering

kmarei · 03-23-2012, 11:03 PM

Quote:

Originally Posted by christopherchenm

i believe most of them own an m3 in the age of 16-26

If there were owners between 16-26 they'd write like this
"aNyonE betWeeN the aGE of 16 tO 26?"

03-23-2012, 12:41 PM	#1
Cali01 Private 24 Rep 97 Posts Drives: '13 Lexus LX570 Join Date: Sep 2011 Location: BayArea/Valley/SoCal, CA iTrader: (0)	How much are you young guys(16-26) paying for insurance on your M3? Just want you guys to state the following information, so I can have an idea what mine will cost... Age: 16-26 Year/Type: 2008-2012/E90, E92, E93 City Size: Big, Average, or Small Insurance Company Insurance policy with or with out parents Total cost per year *No Personal Information Needed* Thanks in Advance -Cali01
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03-23-2012, 01:35 PM	#2
Cali01 Private 24 Rep 97 Posts Drives: '13 Lexus LX570 Join Date: Sep 2011 Location: BayArea/Valley/SoCal, CA iTrader: (0)	I guess no one owns a M3 that is the age of 16-26?
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03-23-2012, 01:50 PM	#3
CarbonAlpine Captain 204 Rep 835 Posts Drives: ///M4 Join Date: Oct 2010 Location: Miami iTrader: (25)	This has been discussed many many times...but ill play Age: 26 2011 e92 m3 Miami...big city with crappy drivers Progressive Full Coverage alone...no parents or other drivers 100/300/150 About 2600 yr __________________ F82 M4 AW Ferrari 599 GTB Fiorano Jeep Wrangler Unlimited Previous BMW: E36 Reiger Custom Green vert E46 ///M3 Cabonblack vert E46 ///M3 AW vert E63 645ci AW Coupe E92 ///M3 AW E93 ///M3 SG Vert
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03-23-2012, 02:06 PM	#4
Cali01 Private 24 Rep 97 Posts Drives: '13 Lexus LX570 Join Date: Sep 2011 Location: BayArea/Valley/SoCal, CA iTrader: (0)	Funny enough I searched, couldn't find it here are the results... http://www.m3post.com/forums/search....rchid=21244433
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03-23-2012, 03:30 PM	#5
atruelunatic Lieutenant 96 Rep 473 Posts Drives: n/a Join Date: Jun 2011 Location: Seattle, WA iTrader: (1)	Age: 21 Year/Type: 2011 e92 City Size: Small Geico With parents ~$1600/year __________________ 2011 e92 JzB 6MT Akrapovic Evolution, ESS Tune, KW V3
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03-23-2012, 03:36 PM	#6
JRZBLK Private 14 Rep 85 Posts Drives: 2008 Jerez Black M3 Join Date: Oct 2011 Location: Woodbridge, NJ iTrader: (0) Garage List 2008 M3 Convertible [0.00]	Too much. Not to mention a previous DUI and the age factor. Bad mix. (and no there was no drunk driving in the M).
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03-23-2012, 04:22 PM	#8
persian54 Lieutenant General 923 Rep 15,818 Posts Drives: M760/G83M4 Join Date: Jun 2009 Location: The Valley, SoCal iTrader: (298)	Age: getting to mid 20s Year/Type: 2011 e93 M3 $83k MSRP City Size: LA, big Insurance Company Wawanesa Insurance policy with or with out parents: over 10 people cars and multiple drivers Total cost per year: $1400 full coverage __________________ From E93 335i to E89 Z4 to E93 M3/E89 Z4 to E350/SL550
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03-23-2012, 05:13 PM	#9
M3PO Colonel 84 Rep 2,792 Posts Drives: '08 IB E92 Join Date: Sep 2011 Location: OC iTrader: (7)	25 Clean record 2008 E92 Orange County Geico Full coverage, no parents, 50/100, $500 ded $150 per month (2 car policy, '84 325e liability only)
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03-23-2012, 05:17 PM	#10
onnex Major 162 Rep 1,169 Posts Drives: 2015 F80 M3 Join Date: May 2010 Location: Palo Alto, CA iTrader: (16) Garage List 2011 E92 M3 [9.26]	the insurance is toooooo damn high. __________________ 2015 MG F80 M3 \| H & R Sport Springs \| M Performance Diffuser \| 20" DPE SP-SC 5 \| IND Matte Black Cosmetic Package \| *More coming soon*
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03-23-2012, 06:11 PM	#11
budski Private First Class 12 Rep 149 Posts Drives: 2012 SSII E92 DCT ZCP Join Date: Mar 2012 Location: Savannah iTrader: (1)	23 2012 e92 dct Charlottesville(medium) On my own policy $170/month __________________ ESS VT2 625 \| Brembo 380mm F/R \| Stack Gauges \| Meisterschaft GT \| KW V3 \| Perf Steering Wheel \| Challenge GT Lip \| Perf CF Spoiler \| CF Mirror Caps Tundra TRD Rock Warrior
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03-23-2012, 06:41 PM	#12
Cali01 Private 24 Rep 97 Posts Drives: '13 Lexus LX570 Join Date: Sep 2011 Location: BayArea/Valley/SoCal, CA iTrader: (0)	How bad would insurance be, lets say for a 17.5 year old driving an 2009 BMW M3 E90, assessed value of $45,000, in a small town as a DD, on their parents policy(have clean records). That is totally not the scenario I'm facing
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03-23-2012, 08:58 PM	#15
Mike Lu Z 43 Rep 632 Posts Drives: E92 AW M3 Join Date: Feb 2011 Location: E. Lansing iTrader: (6) Garage List 2010 BMW M3 [2.00] 2009 BMW/M3 [10.00]	Age: 21 E92 M3 non US citizen (my own policy) full premium coverage 270 per month __________________ Challenge V-weave Front Lip & Mirror Caps \| WSTO painted AW front grill & Mag Blue side grill & Mag Blue Tow Hook & Mag Blue mirror inner ring \| Te-37 Mag Blue wrapped with R-S3 \| Kreissieg F1 exhaust & X-pipe \| KW V3 \| Vortex EVO X GT-wing \| Tinted LCI taillight \| Nadi steering wheel & IND shift extension \| Last edited by Mike Lu; 03-23-2012 at 10:02 PM..
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03-23-2012, 09:52 PM	#18
HotIce Banned 74 Rep 449 Posts Drives: 2013 BMW M3 Join Date: May 2010 Location: I'm not telling some creeper where I live! iTrader: (0)	I don't think anyone at the age of 16 and driving an M3 is paying for their own Insurance(or the car for that matter). I think this thread title should be How much is your dad paying for your M3's insurance? Last edited by HotIce; 03-24-2012 at 01:32 AM..
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03-23-2012, 10:05 PM	#19
1MOREMOD - 11817 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	Well I'm 40 and pay 63 a month for full coverage with state farm. Pays to be old. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW exhaust\|K&N c.a.i.\|Epic race tune\|Rouge pulleys\|Seibon CF hood\|CSL bumper\|apr gt 250 & splitter\|ST-40\|XR-2\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|BW studs\|
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03-23-2012, 10:10 PM	#20
Arben72 Banned 50 Rep 462 Posts Drives: E92 M3 Join Date: Apr 2011 Location: Illinois iTrader: (0)	Age: 16 Year: 2012 Insurance: Country Price: If you have to ask you can't afford it
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03-23-2012, 10:20 PM	#21
Eric335 Colonel 130 Rep 2,489 Posts Drives: 2007 E92 SG 335i 6MT Join Date: Apr 2011 Location: SW Florida iTrader: (0) Garage List 2007 BMW 335i [7.66]	How much more is it vs a 335i? Just wondering __________________
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