How Much Do You Pay For Insurance?
08-25-2011, 01:55 AM
#1
Senior Member
Thread Starter
Join Date: Jul 2010
Location: Bay Area
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
03 SL55
How Much Do You Pay For Insurance?
Hey guys, hopefully we can make this a sticky and help each other out with choosing the right insurance. Obviously we want FULL COVERAGE. So please post how much you pay for insurance every 6 MONTHS. Also how many driving points do you have on your record according to dmv? And WHO IS your insurance company? Reason for this post is because i think im getting RAPED by my insurance company. Ill start first.....
I Pay $2500 for 6 MONTHS ($417 mo)
Company : Progressive
Driving Record: 2 pts (a DUI)
I Pay $2500 for 6 MONTHS ($417 mo)
Company : Progressive
Driving Record: 2 pts (a DUI)
08-25-2011, 01:48 PM
#6
MBWorld Fanatic!
Join Date: Feb 2010
Location: Los Angeles
Posts: 1,477
Likes: 0
Received 5 Likes
on
5 Posts
04 CL55 (sold), 2012 CLS550 (sold), 2014 S550 (sold), 2015 ES300H (DAILY)
I'm 23, 2 points, about $1200 per 6 months. DAMN you guys are getting some really good prices.
08-25-2011, 01:49 PM
#7
MBWorld Fanatic!
Join Date: Feb 2010
Location: Los Angeles
Posts: 1,477
Likes: 0
Received 5 Likes
on
5 Posts
04 CL55 (sold), 2012 CLS550 (sold), 2014 S550 (sold), 2015 ES300H (DAILY)
Hey guys, hopefully we can make this a sticky and help each other out with choosing the right insurance. Obviously we want FULL COVERAGE. So please post how much you pay for insurance every 6 MONTHS. Also how many driving points do you have on your record according to dmv? And WHO IS your insurance company? Reason for this post is because i think im getting RAPED by my insurance company. Ill start first.....
I Pay $2500 for 6 MONTHS ($417 mo)
Company : Progressive
Driving Record: 2 pts (a DUI)
I Pay $2500 for 6 MONTHS ($417 mo)
Company : Progressive
Driving Record: 2 pts (a DUI)
Trending Topics
08-25-2011, 02:09 PM
#8
MBWorld Fanatic!
I started a thread like this in the E55 W211 section, and it turned out to be very helpful. Alot of us we are to shop around as a result and drop our rates.
08-25-2011, 08:25 PM
#9
MBWorld Fanatic!
Join Date: Feb 2009
Location: So Cal
Posts: 1,291
Likes: 0
Received 2 Likes
on
2 Posts
'15 E63S wagon
08-26-2011, 09:55 AM
#10
Senior Member
Join Date: Feb 2008
Location: Long Island, NY
Posts: 373
Likes: 0
Received 0 Likes
on
0 Posts
06 CLS55 AMG
35, clean record, and have been listed / insured with the same ins carrier since I was 16 (Geico)... Paying roughly $1100/yr for my 06 CLS55 with full coverage...
08-26-2011, 12:56 PM
#11
MBWorld Fanatic!
i've got a 35% discount, 2,000,000 liability, $1,000 collision deductible, $300 comp deductible, $1,000 loss of use coverage, I pay $230/month... about $2600 for the year
08-26-2011, 02:28 PM
#12
Super Member
Am 27yrs old and pay $410 every 6 months for full coverage with Allstate on my S600. Yes, it's a less valuable machine than a CLS63 but still...
08-26-2011, 06:42 PM
#14
Member
Join Date: Nov 2010
Location: Great Falls, VA
Posts: 180
Likes: 0
Received 0 Likes
on
0 Posts
2009 CLS63 AMG + 2003.5 M3 e46
$66 per month (~$800 per year) for my 2009 CLS63 AMG
Clean record, and have 4 other others on my policy (multi-car discount)
Clean record, and have 4 other others on my policy (multi-car discount)
Last edited by curtisG; 08-27-2011 at 09:28 PM.
08-27-2011, 03:47 PM
#16
Mine is $70/month for full coverage and $500 deductible through State Farm for my '07 CLS63. We have 4 vehicles insured through them as well as our homeowners, wife's ring, etc... So we're probably getting a volume discount of some sort.
Clean record....somehow.
Clean record....somehow.
08-27-2011, 09:23 PM
#17
Senior Member
Thread Starter
Join Date: Jul 2010
Location: Bay Area
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
03 SL55
OMG IM SOO JEALOUS!!!!
08-27-2011, 10:36 PM
#19
MBWorld Fanatic!
Join Date: May 2010
Location: Syosset, NY
Posts: 1,253
Likes: 0
Received 2 Likes
on
2 Posts
CLK & GL
i just turned 21 years old, ive had my car since 07. Full Coverage, no accidents and a couple speeding tickets(currently 4pts on my license). Geico has my paying $6000 per year ($500per month). According to Geico its because i was 17 with a V8 2door. They thoroughly enjoy raping me.
08-28-2011, 07:06 PM
#20
Senior Member
Join Date: Aug 2004
Location: Bay Area
Posts: 265
Likes: 0
Received 0 Likes
on
0 Posts
2020 GTR Roadster, 2020 GT63S
Quite an interesting thread, but without a LOT of details, it's kind of useless. 
For this to be helpful, you would need the following information:
Age of primary driver
Residence Location
Driving Record
Any driving age kids in the household and marital status
Year and options on the car (a 2012 CLS AMG can cost $90k - $130k)
Other cars on the policy
Multi-line discount (home, liability, etc all with same carrier)
length of time with the insurance company
miles driven per year
exact coverages - collision and comprehensive deductibles, liability limits per person and per accident, amount of coverage for property damage, uninsured motorist, and medical payments.
After you have all that, THEN you can compare rates, but only if your situation is comparable.
I can tell you that I have my cars (3), home and liability with State Farm, and I have been with them for about 10 years. I'm 51, married and have two driving age kids - one at home and one away at college. My record is spotless. My sticker price was $124k and I have a $250 deductible for comprehensive and $1000 for collision. I drive about 10,000 miles per year, and I cover my a$$ with very complete coverage. I'm paying about $700 the first six months on a brand new car.
I hope this helps. Happy driving!!
For this to be helpful, you would need the following information:
Age of primary driver
Residence Location
Driving Record
Any driving age kids in the household and marital status
Year and options on the car (a 2012 CLS AMG can cost $90k - $130k)
Other cars on the policy
Multi-line discount (home, liability, etc all with same carrier)
length of time with the insurance company
miles driven per year
exact coverages - collision and comprehensive deductibles, liability limits per person and per accident, amount of coverage for property damage, uninsured motorist, and medical payments.
After you have all that, THEN you can compare rates, but only if your situation is comparable.
I can tell you that I have my cars (3), home and liability with State Farm, and I have been with them for about 10 years. I'm 51, married and have two driving age kids - one at home and one away at college. My record is spotless. My sticker price was $124k and I have a $250 deductible for comprehensive and $1000 for collision. I drive about 10,000 miles per year, and I cover my a$$ with very complete coverage. I'm paying about $700 the first six months on a brand new car.
I hope this helps. Happy driving!!
Last edited by srice; 08-28-2011 at 07:14 PM.
08-29-2011, 09:34 PM
#21
Senior Member
Thread Starter
Join Date: Jul 2010
Location: Bay Area
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
03 SL55
$700 for 6 months is a STEAL!
let me start over again.
Age - 23
Residence - bay area ca
driving record - 2pts (dui)
no kids
have 2 other cars on the policy
07 cls63 (msrp 104k)
i have AAA discount
2 yrs with insurance company
10,000 miles driven per year
i have FULL coverage
i pay 2500 for 6 months. and im with safeco (sister company of progressive)
let me start over again.
Age - 23
Residence - bay area ca
driving record - 2pts (dui)
no kids
have 2 other cars on the policy
07 cls63 (msrp 104k)
i have AAA discount
2 yrs with insurance company
10,000 miles driven per year
i have FULL coverage
i pay 2500 for 6 months. and im with safeco (sister company of progressive)
09-01-2011, 12:54 AM
#22
Senior Member
Thread Starter
Join Date: Jul 2010
Location: Bay Area
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
03 SL55
09-13-2011, 09:12 AM
#24
Member
SLR… Was thinking about getting one until yesterdays quote … $4177 every 6 months!
The new CLS 63 TT is really looking good! $360 every 6 months.
I realize you have to pay to play, but seriously 11X as much. Thats just crazy
The new CLS 63 TT is really looking good! $360 every 6 months.
I realize you have to pay to play, but seriously 11X as much. Thats just crazy
