Jorg

I feel insurance premiums are very hard to compare. We even have different rates for the same driver, depending in what city he lives. I think all you can do is shop your data to various agents and see what they come up with.

Jorg

stephensong

Jorg: You are right, shop until you get a quote that you can live with.

OBLU: Each insurer uses its own method in calculating insurance scores. They give different values to different risk chracteristics. In most cases the agent will not know what score the company rated you at. Getting quotes from several insurers is the way to get the best deal, of course that is if price is your only concern. Because you will get what you pay for. Cheap insurance is not a good thing when you need the company to settle a claim for you.

Jorg

Hi stephensong:

You are so right. The devil is in the details. repairs can be done with new parts or used parts.

You agent is an important partner in these matters too.

Being a Long Term Client doesn't hurt either.

The lowest price is not necessary the best deal when it comes to insurance.

Jorg

mbny

It also helps to take advantage of a multi-line discount with a certain company. My homeowners insurance is with Unitrin Kemper and I was ineligible for their auto due to driving incidents. My fiance wound up insuring our home and auto together and we have an amazing homeowners policy that would blow your mind if you knew the coverages we had and premium we pay (especially on Long Island in the current homeowners insurance crisis), but she also got a great discount on the auto coverage. You could be looking at an additional savings of $500-1,000 a year combined. Definitely check it out Even a tenants policy if you rent or live at home with your parents qualifies for a multi-line discount with some companies.

Jorg

Hi mbny:

Good point. The more policies you have with one agent the better the "bundled" price. It makes sense, maybe you have a claim on one policy and none on the others and as a whole, the insurance company is still making money on your policies.

A good agent should be able to give you a good price on all your insurance needs.

Jorg

akusnowo

That's how much I paid for semi annual c300s. $250compr, $500coll, $100k/$300k bodily injury, $100K liability, $5K medical, $100K/$300K uninsured (just in case hit by stupid pips out there..ggrrrr).

My experience with Ameriprise so far has been great!!!

Good luck!

PS: Same policy with 08' 335i sedan/coupe about $150 more per 6 months

SteveAustin

I work in insurance and reading this thread was good for a laugh. What do you hope to glean from this thread? Cars have a specific rating and there are so many underwriting variables in how companies rate the combination of the two. Age, territory codes, credit scores, driving record, limits, deductibles.

So, back to my original thought....what is the point???! If someone creates a rating matrix from this information, go for it.

Jorg

Precisely the point I was trying to make. Each person and each circumstance is different, so everybody is on his own to find a good agent, who helps him to find what is best for that specific client. There are way too many variables to come to a consensus.

Jorg

rb23lb

still not pointless... with the tons of variables aside, this thread still serves to give an IDEA of what to expect for people in similar circumstances as you, given they give certain details.... i know this is just a vague idea, but it helps to get a ballpark idea of where you MIGHT fall...

kfm999

I am curious which insurance company is that? LM?

TEAShea

$580 for one year.

TEAShea
from Nebraska

bostonmarc

I am very jealous of everyone...Move to the city....$ 3,500 a year