04-03-2023, 03:44 PM | #1 |
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Drives: 2023 BMW M3
Join Date: May 2022
Location: Maryland
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Monthly Insurance Rate
Anyone care to share their monthly insurance rate? I'm coming from a 535i that's currently costing me $145.50/month. Just asked my agent today for a quote for my new M3 and his response damn near made me fall out of my chair...$275/month. I know the 2 cars are vastly different but did not expect nearly a 2x increase.
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04-03-2023, 04:01 PM | #2 |
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$673.29 every 6 months. State Farm Montgomery County Texas
500/500 Collision Comprehensive High Coverage on Bodily Injury and Property Damage $500 deductible uninsured motorists. 6 discounts |
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04-03-2023, 04:04 PM | #3 |
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Drives: 2023 BMW M3
Join Date: May 2022
Location: Maryland
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I have State Farm and also Montgomery County...but in Maryland and got the $275/month quote. Your quote is pretty amazing compared to mine .
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04-03-2023, 05:39 PM | #5 |
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04-04-2023, 09:37 AM | #8 |
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Drives: 2023 M3 Competition xDrive
Join Date: Aug 2017
Location: East Coast
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$180 something for my M3 in St. Mary's County with USAA. Seems about right as my 2018 M2 was $140 and my wifes Tacoma is $130. We pay more in rural MD than we did in Portland, OR, which makes no sense.
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04-11-2023, 10:23 AM | #9 |
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USAA did me dirty when I transferred from FL to MD back in 2011. I'm just north of you in Calvert and I'm paying something close to 200 a month or more. I have 3 cars (2022 Sorento, 2013 accord, and the M3) and my insurance is like 1700 for 6 months. I was paying 800 when I had all 3 but had a civic type r vs the M3. I'm 37 and my wife is 40. No accidents and we're using progressive.
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04-11-2023, 10:41 AM | #10 |
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$517 per 6 months with Allstate.
I have a package deal with 3 cars, house and life insurance I pay $1100 for 3 cars full coverage with rental, tow and $500 deductible |
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04-11-2023, 11:03 AM | #11 | |
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Drives: 2023 M3 Competition xDrive
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Location: East Coast
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05-01-2023, 11:54 AM | #12 |
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I just recently got a "failure to obey highway sign" minor infraction which resulted in 3 points. Since getting the m3 comp xdrive, I had to get new insurance and the lowest i could find out of four companies was $165 a month, or $1k for 6 months. I thought that was really high since I only paid $80/month for m550ix. But I guess $165 isnt bad since I had points.
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05-02-2023, 08:45 PM | #13 |
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Reading this thread is throwing me for a loop. Just added my G80 to my policy and removed my F80 and its now like $300/mo on GEICO. I'm going to dig into my policy and figure out WTF is going on. My F80 was $200, but even seeing these rates, mine is still too high.
I don't have an infractions either. Clearly I need to audit my stuff |
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05-02-2023, 09:50 PM | #14 |
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05-02-2023, 10:37 PM | #15 | |
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Drives: 2024 PB M4 Comp xDrive
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Location: Orlando, Florida
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05-03-2023, 12:27 PM | #16 |
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