insurance costs for teens
10-27-2006, 11:30 AM
#11
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The only possible way to make this an apples to apples comparison of rates would be to list the coverage for each line item...
Sorry for the partial hi-jack...
Of note, our neighbor's daughter (17) in a 2005 Mitsubishi Galant is over $300/month
Sorry for the partial hi-jack...
Of note, our neighbor's daughter (17) in a 2005 Mitsubishi Galant is over $300/month
10-27-2006, 12:07 PM
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Originally Posted by JWU42' post='349463' date='Oct 27 2006, 02:30 PM
The only possible way to make this an apples to apples comparison of rates would be to list the coverage for each line item...
Sorry for the partial hi-jack...
Of note, our neighbor's daughter (17) in a 2005 Mitsubishi Galant is over $300/month
Sorry for the partial hi-jack...
Of note, our neighbor's daughter (17) in a 2005 Mitsubishi Galant is over $300/month
300 a month? You can almost lease a 3 series for that!!
10-27-2006, 12:51 PM
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My Ride: 07 530i|Silver Gray/Black| Premium|Sport|NAV|Auto|PDC|Sunshade|
How do you 18-20 something year olds have that kind of cash to buy a 5 series? Please let me know what the secret is, but make sure it is all legit. 
10-27-2006, 01:06 PM
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Originally Posted by low_ball_88' post='349472' date='Oct 27 2006, 03:51 PM
How do you 18-20 something year olds have that kind of cash to buy a 5 series? Please let me know what the secret is, but make sure it is all legit.
Mommy and Daddy
10-27-2006, 04:42 PM
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My Ride: 2006 525xi 3.0 215 horsepower 185lb/ft torque
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I want to put my teen on my 2006 525xi.. he will be 16 and a half in january, thats when he gets his license...
10-27-2006, 05:55 PM
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I have to pick up my car tomorrow, but I have to get insurane so far the lowest I've seen here in NYC is $2019 from Geico. How the hell are you people getting all these spectular prices on insurance? are these prices I'm seeing part of the joys of living in New York City? 
10-28-2006, 02:06 PM
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Originally Posted by AceBMW5' post='349528' date='Oct 27 2006, 07:42 PM
I want to put my teen on my 2006 525xi.. he will be 16 and a half in january, thats when he gets his license...
BTW- Good grades and in some cases approved driving shools can help take a few points off the total as well. Make sure you take your son to the teen driver Street Survivor school by BMWCCA or something similar in any case. It might open his eyes and make it less likely he'll run into (so to speak) any problems that will make things really expensive.
Good luck!
10-30-2006, 06:04 AM
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Originally Posted by VIIV' post='349744' date='Oct 28 2006, 05:06 PM
As Veight points out, if you have more drivers than cars it won't be too bad. But my 16.5 year old daughter is driving the A4 now, so we have three cars and three drivers. We kept the collision for now but bumped the deductibles all around to a more realistic level. We're almost exactly at $200/mo but I also included loan gap for the e60 and roadside assitance for the ladies. But I was thinking about an umbrella before and didn't pursue it, and based on Veight's comment I'll probably be kicking myself soon. Sounds like that may be a very good way to go, especially wih my son turning 15 in another month.
BTW- Good grades and in some cases approved driving shools can help take a few points off the total as well. Make sure you take your son to the teen driver Street Survivor school by BMWCCA or something similar in any case. It might open his eyes and make it less likely he'll run into (so to speak) any problems that will make things really expensive.
Good luck!
BTW- Good grades and in some cases approved driving shools can help take a few points off the total as well. Make sure you take your son to the teen driver Street Survivor school by BMWCCA or something similar in any case. It might open his eyes and make it less likely he'll run into (so to speak) any problems that will make things really expensive.
Good luck!
10-30-2006, 07:12 AM
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Originally Posted by Veight' post='349366' date='Oct 27 2006, 10:49 AM
77 a month? You only pay $924 a year for 3 cars?????
not bad what insurance co
not bad what insurance co
I forgot to mention that I also have my home & life insurance with them too, so I get a discount on my car insurance because of that.
10-30-2006, 08:10 AM
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My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
For those that live in the Tri-State Area or NY Metro Area, TSC Direct is supposed to be really cheap. I see their ads all the time on the LIRR. According to their ad's, they are $400/year cheaper than Geico, which is considered one of the best deals in the area. Personally, I use Geico and think they are great. I pay around $2400/year for 2 cars/2 drivers, but I'm also 33 and have a solid driving record. Here's the link for TSC, in case anyone is interested... TSC DIRECT