BMW M3 Forum
BMW M3 Forum BMW M3 Gallery BMW M3 Reviews BMW M3 Social Groups BMW M3 Chat M3Forum Sponsors >>
Loading


Mobile M3forum
Go Back   BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X) > BMW M3 Discussions > M3 Frequently Asked Questions
Tire Rack Buy Winter Tires Now!
Not a member? Register Now!
Register Gallery All Albums Garage Search Today's Posts Mark Forums Read Calendar FAQ

M3 Frequently Asked Questions First place to check if you've got a question about your BMW M3. UNDER CONSTRUCTION


Closed Thread
 
Thread Tools Display Modes
Old Fri, Oct-31-2003, 02:38:08 PM   #1
astan100
Registered User
 
astan100's Avatar
 
Join Date: Oct 2002
Age: 36
Posts: 3,189
Reputation: 0 astan100 is on a distinguished road
Location: Hoboken, NJ





Default Are M3's expensive to insure/how much is your insurance (FOR FAQ SECTION)

This question is asked all the time...so let's go ahead and throw some numbers, ages, and locations down once and for all.

I am 21 and have 1 ticket on my record from 4 years ago. I am with Geico and I am a preferred customer (which is hilarious).

I'm currently insured in Ithaca, NY which is pretty much farmland and 2 colleges...insurance doesn't get too much cheaper than here.

I pay about 2400/yr for Full coverage...with large large liabilities. like 500k/wreck and 250 per person...or maybe the other way around...whatever it is, I have about as good a policy as I can get (for my parents sake, they pay it).

If I lived in Houston, they said my insurance would have been closer to 3500-4000 a year.

M3's are some of the most expensive cars on the road to insure whether you buy new or used. They all have to use the same uber-expensive German parts, so there is almost no price different in insurance between a 2004 and a 99.

For reference, I could have insured the following cars for this much money. Again, all Ithaca, NY insurance.

2001-2003 M3- 2450
99 M3- 2400
99 Porsche 911- ~2100 I think...it was lower than the M3
2001 S4- 1800
2001 330ci or 330i - 1600
2003 G35 Sdn - 1500
__________________
99 Cosmos M3 with Modena Interior.
Mods: Carbonio CAI,Bilstein Struts/Shocks,SS Brake Lines,K-mac Camber Plates, Stellar Alarm
In the Market for: Ellipsoids + HIDs (R.I.P- Bosch Housings with 4300k HID's.), a ZKW fog light bracket...not sure which side yet.
Recently installed: New set of Rear Bilsteins with RE RSMs
To be installed: UUC Red TME's, Alpine Head Unit/Sirius
Current annoying M3 problems: wind noise from badly aligned windows
Jump to top astan100 is offline  
Sponsored Links
Register now and remove these ads
Old Fri, Oct-31-2003, 02:55:53 PM   #2
eduardo gonçalves
Team Empty Wallet Racing
 
eduardo gonçalves's Avatar
 
Join Date: Oct 2001
Posts: 1,151
Reputation: 0 eduardo gonçalves is on a distinguished road
Location: lisbon, portugal





Default

You`re inspired today
Jump to top eduardo gonçalves is offline  
Old Mon, Nov-03-2003, 02:22:03 PM   #3
astan100
Registered User
 
astan100's Avatar
 
Join Date: Oct 2002
Age: 36
Posts: 3,189
Reputation: 0 astan100 is on a distinguished road
Location: Hoboken, NJ





Default

bump
__________________
99 Cosmos M3 with Modena Interior.
Mods: Carbonio CAI,Bilstein Struts/Shocks,SS Brake Lines,K-mac Camber Plates, Stellar Alarm
In the Market for: Ellipsoids + HIDs (R.I.P- Bosch Housings with 4300k HID's.), a ZKW fog light bracket...not sure which side yet.
Recently installed: New set of Rear Bilsteins with RE RSMs
To be installed: UUC Red TME's, Alpine Head Unit/Sirius
Current annoying M3 problems: wind noise from badly aligned windows
Jump to top astan100 is offline  
Old Mon, Nov-03-2003, 09:40:36 PM   #4
AlpineE36
Registered User
 
AlpineE36's Avatar
 
Join Date: Jun 2003
Age: 38
Posts: 3
Reputation: 0 AlpineE36 is on a distinguished road
Location: Marine City, MI





Default

23 years old, live in sterling heights michigan, kind of industrial suburby, if that makes any sense. Have one ticket for ten over from a year or two ago, I think. Car is insured as a second PLEASURE Vehicle, I pay about 1400 a year, which I figure aint too bad. That's my 2 cents.

Last edited by AlpineE36; Mon, Nov-03-2003 at 09:43:18 PM.
Jump to top AlpineE36 is offline  
Old Mon, Nov-03-2003, 10:35:22 PM   #5
evo m3
Registered User
 
evo m3's Avatar
 
Join Date: Aug 2003
Posts: 121
Reputation: 0 evo m3 is on a distinguished road





Default

42 year old engineer, live in somerset england.
£450 fully comp, £500 excess
Jump to top evo m3 is offline  
Old Mon, Nov-03-2003, 10:45:41 PM   #6
CMT
You gotta be cool. Let the coolness get into your vertebrae.
 
CMT's Avatar
 
Join Date: Apr 2003
Posts: 5,466
In the garage:
Reputation: 0 CMT has disabled reputation

United States




Default

31, 20 miles north of Boston, $1400 a year fully insured with one ticket on my record.
__________________
91 325is | OBDI IP Race S52
Jump to top CMT is offline  
Old Mon, Nov-03-2003, 11:01:21 PM   #7
tallers
Registered User
 
tallers's Avatar
 
Join Date: May 2003
Age: 60
Posts: 46
Reputation: 0 tallers is on a distinguished road
Location: Exton, PA





Default

45, married, clean record, living 35 miles West of Philly. I pay $869 a year with Liberty Mutual. I have $1K deductibles, 100/300 coverage for liability, uninsured & under-insured. I opted for limited-tort which we have in PA. I was with AIG who upped my annual fee when I bought the M3 to $1700 for the same coverage. I went shopping online at www.comparisonmarket.com and found my current policy. Shop around, you may find a winner like I did. Good luck.
Jump to top tallers is offline  
Old Tue, Nov-04-2003, 04:21:01 AM   #8
m3affliction
Registered User
 
Join Date: Sep 2003
Posts: 5
Reputation: 0 m3affliction is on a distinguished road





Default

Quote:
Originally posted by CMT
31, 20 miles north of Boston, $1400 a year fully insured with one ticket on my record.
Hey CMT,

Would you be so kind as to pm me with your insurance co.? I live in Boston and I want to get an M3 next spring. Thanks in advance. Cool pics on your site, btw.
Jump to top m3affliction is offline  
Old Tue, Nov-04-2003, 05:01:11 AM   #9
pester
ITALIAN TUNE-UP
 
pester's Avatar
 
Join Date: Sep 2003
Age: 42
Posts: 139
Reputation: 0 pester is on a distinguished road
Location: Santa Fe

United States




Default

27, single, el paso texas, 2 vehicles. 03 ram 1500 4X4 hemi, 95 m3 as my pleasure vehicle. no tickets, 840 every 6 mos. $500 deductible, progressive. 100/300/100 liability limits. i think it's a steal from some of your stories.
__________________

2008 Lotus Exige S240
SOLD...2003.5 OGII/Black M3
SOLD...1995 Cosmos Black M3
Jump to top pester is offline  
Old Tue, Nov-04-2003, 05:03:40 AM   #10
Sammyzuko
Registered User & Abuser
 
Sammyzuko's Avatar
 
Join Date: Oct 2003
Posts: 3,030
Reputation: 0 Sammyzuko is on a distinguished road

United States




Default

I've received excellent quotes from both Progressive and Esurance(around $130/month in Colorado). Don't have a M3 yet, but I talked to reps from these agencies and they confirmed the quotes. Hopefully the good rates will still be there when I get my M.
__________________
Jump to top Sammyzuko is offline  
Closed Thread

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Holy crap STI insurance is expensive Fast Shadow Off Topic 26 Tue, May-24-2011 06:29:04 PM
Most expensive states to insure you car Divexxtreme Off Topic 4 Sat, Sep-25-2004 05:35:10 AM
Is insurance for M3 too expensive? jimmyreg E46 M3 (2001-2006) 8 Sun, Aug-08-2004 01:10:54 PM
Can I be a mod/can we work on the FAQ section? astan100 Off Topic 46 Sun, Nov-02-2003 10:32:35 PM



All times are GMT. The time now is 03:12:59 PM.


Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
M3Forum.com and M3forum.net is in no way sponsored, endorsed or affiliated by or with BMW NA / BMW AG or any of it's subsidiaries or vendors.
BMW and M3 (E90 M3 | E92 M3 | E93 M3 | E46 M3 | E36 M3 | E30 M3) are registered trademarks of BMW AG.
M3Forum Terms of Service
Copyright ©1999-2017 M3Forum.com
Discussing Internet Abbreviations-WTF do those letters mean (FOR FAQ SECTION) in the M3 Frequently Asked Questions Forum - First place to check if you've got a question about your BMW M3. UNDER CONSTRUCTION at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)