Who is insuring your precious e30??

[Ayman]

You aren't overpaying. I'm at 3k/yr with Allied

fuck dude. I thought 5 bills every 6 months was expensive.

[BlackbirdM3]

Cheap insurance is not the way to go if you really value your car. I've been down that road. I thought I had good insurance, and they screwed me, even though I got rear ended and wasn't at all at fault. I got hung out to dry. My one and only suggestion I have for you guys is that you need to have the car appraised, and have it insured with an agreed value policy. This is pretty much the only chance you have of saving your car if it gets smeared. Yeah, it will cost you $350 or so, but if you want to keep your car, its money well spent. At the same time, you might be surprised at the outcome. I was guessing it was worth something more than I spent, I wasn't expecting what it actually appraised for (Nearly twice what I paid for it.)

If you have a good clean E30, you might be surprised at what its worth. Good clean ones are getting really hard to find. That fact right there will boost the value of the car. That is a very good thing when your car gets smeared and you are slapped with a totaled car when the cost to fix it is only $3k.

I went with Farmers, they offer an agreed value policy. Nope, its not cheap, but I'd kinda like to hang onto my M3 if it gets taken out. Nope it won't be cheap to fix, so I want it covered so I can get it fixed when someone takes me out.

Will

[Dj Buttchug]

aaa $400/yr. lol

haha same but 300 per year FOR 2 cars lol

[ak-]

I don't know man.
Some of your guys' rates are ridiculous low making me assume your policies are pretty sub-standard. e.g.: property damage, medical..

How insured are you all if you accidentally injure someone in an accident deemed your fault?

[Rsully70sev]

I'm insured against anything.

[Court M3]

USAA best insurance out there!

[dashboardmonkey]

Unitrin, haven't had to use it. $75/mo.

I'm a cheap bastard so I went as cheap as I could

[devon.818]

I pay 700/6months. I put car in moms name when I was 17 so I have to pay for two people on the insurance. I go through geico. full coverage.

What's weird is when I was 17, I had a 2000 yam r6, geico was only charging me 280/6months for middle of the road insurance with the most theft coverage they offered....never understood how the F they would insure a dumbass like me so cheap?

[giantkeeper]

USAA, love it.

USAA best insurance out there!

This

[e30BMart]

I use desjardins.. i was 17 when i bought my car i have max coverage and I pay 250$/year. Or almost 21$ a month to you guys.

Sent from my Galaxy Nexus using Tapatalk

[Cletonius]

God's chariot does not require insurance. :D


Currently with state farm, pay about 450/yr for baller coverage. 2 cars on agreed value ($10k/ea) as well as homeowners.

[VinniE30]

Cheap insurance is not the way to go if you really value your car. I've been down that road. I thought I had good insurance, and they screwed me, even though I got rear ended and wasn't at all at fault. I got hung out to dry. My one and only suggestion I have for you guys is that you need to have the car appraised, and have it insured with an agreed value policy. This is pretty much the only chance you have of saving your car if it gets smeared. Yeah, it will cost you $350 or so, but if you want to keep your car, its money well spent. At the same time, you might be surprised at the outcome. I was guessing it was worth something more than I spent, I wasn't expecting what it actually appraised for (Nearly twice what I paid for it.)

If you have a good clean E30, you might be surprised at what its worth. Good clean ones are getting really hard to find. That fact right there will boost the value of the car. That is a very good thing when your car gets smeared and you are slapped with a totaled car when the cost to fix it is only $3k.

I went with Farmers, they offer an agreed value policy. Nope, its not cheap, but I'd kinda like to hang onto my M3 if it gets taken out. Nope it won't be cheap to fix, so I want it covered so I can get it fixed when someone takes me out.

Will

I would honestly go with no insurance if I had the choice.
Insurance is not to your benefit in the long term, even if you DO use it.
You would be much better off taking the money you spend on insurance and put it in a savings account, and using it when you need it, for example you wrecked your car. This will almost always be more to your benefit than insurance. And say for example you never get in an accident, then you still have a nice sum of money in there, with insurance you can only use it when you get in an accident, and they don't make it easy to get it. Even if you use your insurance more than other people, it will then be higher and you will still end up paying more. They have the numbers worked out so they always win.
But of course, you must have insurance by law, so I will have to settle with just the cheapest insurance I can get.

I think the way insurance works and how it's so commonplace in our society now warps people's opinion to evaluate it logically.
Do a cost analysis on how often you would have to use your insurance for it to be worth it, and take into account everything, extra premiums and cost increases from the accidents, and the fact that they don't give you the full value of the vehicle, etc. Compare with simply putting the money in a bank account.

[nando]

ameriprise.. I think the E30 is like $30 a month. our family car is about $40. full coverage with maxed out liability/injury protection.

as far as getting screwed by the ins. company - all I'll say is, I'd be fucked if I'd been with my old carrier in 2006.. make sure you have well over the minimums for injury/liability, even a small accident with no real injuries will attract lawyers like flies to honey. Ameriprise pretty much saved my ass, but thankfully I also had triple the minimum coverage.

[nando]

I would honestly go with no insurance if I had the choice.
Insurance is not to your benefit in the long term, even if you DO use it.
You would be much better off taking the money you spend on insurance and put it in a savings account, and using it when you need it, for example you wrecked your car. This will almost always be more to your benefit than insurance. And say for example you never get in an accident, then you still have a nice sum of money in there, with insurance you can only use it when you get in an accident, and they don't make it easy to get it. Even if you use your insurance more than other people, it will then be higher and you will still end up paying more. They have the numbers worked out so they always win.
But of course, you must have insurance by law, so I will have to settle with just the cheapest insurance I can get.

I think the way insurance works and how it's so commonplace in our society now warps people's opinion to evaluate it logically.
Do a cost analysis on how often you would have to use your insurance for it to be worth it, and take into account everything, extra premiums and cost increases from the accidents, and the fact that they don't give you the full value of the vehicle, etc. Compare with simply putting the money in a bank account.

yeah, I don't think so. I haven't put in close to what I got out of it. I'm pretty sure if you get sued, which is what happens in real life (nobody gives a shit about a $3k E30), or somebody gets hurt, you'll wish you had insurance. It's going to take me a *long* time to pay back what they covered me for, and that doesn't even include lawyers, which they covered fully.

insurance is about mitigating and spreading risk. The risk isn't damage to your E30 - don't be so short sighted. The cost of the car is chump change. The risk is somebody gets seriously injured, or worse, killed, and your ass gets sued for 6 or 7 digits. if you make the median income, there's no *way* you're going to be able to pay that out of pocket, even if you saved the cost of the premiums over most of your life.

don't worry about the property damage. it's nothing. worry about ambulance chasing lawyers..

[ohthejosh]

Insurance is for injuries not damage. If you are at fault, believe that if the people you were involved in an accident with aren't super nice you will get sued for shit that you would not believe.

We got sued after over 6months passed since the accident for medical bills. They claimed neck injury suits fckn 6 months later. Insurance covered it but the premium skyrocketed so you end up paying for it either way but without insurance, youd go court, lawyer up, lose, and pay the medical bills out of pocket. Not worth it.