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      05-13-2011, 06:04 PM   #1
mcp202
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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. Itís "justĒ an M3 right!? To my surprise, she told me they donít 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
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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
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Really? I had my Lotus and now our M3 both insured with AllState.
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      05-13-2011, 06:27 PM   #4
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BS. They insure M3. In fact, I'm paying less than when I used to pay for my Z4MC.
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      05-13-2011, 06:55 PM   #5
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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
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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
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Another insured by Allstate here. They've insured both my current and prior M3 for the last 5+ years.
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      05-13-2011, 07:50 PM   #8
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Allstate insured... She's shoveling it
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      05-13-2011, 08:40 PM   #9
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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
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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
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You got served with some straight ERRONEOUS info bro. All State insured here. < $130/mo.


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      05-13-2011, 09:19 PM   #12
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      05-13-2011, 09:50 PM   #13
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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
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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.
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      05-13-2011, 10:06 PM   #15
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Im in SOCal and my M3 is insured with allstate. no issues.
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      05-13-2011, 10:14 PM   #16
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OP maybe you've been blacklisted by AllState
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      05-13-2011, 10:23 PM   #17
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Quote:
Originally Posted by mdosu View Post
OP maybe you've been blacklisted by AllState
Lol +1. Your next car has already been blacklisted as well so don't even try.
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      05-13-2011, 10:53 PM   #18
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I'm in Northern NJ and I've got Allstate. Sounds very sketchy.
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      05-13-2011, 11:56 PM   #19
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Quote:
Originally Posted by ooowowizstev View Post
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.
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      05-14-2011, 12:16 AM   #20
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Complete BS sounds like you got quite the jewel on the phone.

My father always said "for stupidity, there is no remedy"
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      05-14-2011, 12:26 AM   #21
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I pay 90 / month but statefarm... Screw allstate then...
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      05-14-2011, 01:05 AM   #22
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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.
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