Paragon Tire & Wheel Insurance

Reply Subscribe

Thread Tools

Search this Thread

10-10-2009, 09:32 AM

#11

CWS530

Contributors

Thread Starter

Join Date: Dec 2007

Location: St. Louis Burbs, USA

Posts: 8,998

Likes: 0

Received 1 Like on 1 Post

My Ride: 2007 530i. Purchased 6/28/07. Titanium Silver Metallic, Black Dakota Leather, Dark Poplar Trim, Steptronic, Premium Package, Cold Weather Package, Bluetooth, Adaptive Control Xenons. 10/30/07 Added OEM 124s with 245/40/18 & 275/35/18 Michelin Pilot Sport A/S tires. Installed red Cal Coversï¿½ from BavAuto. 11/21/07 Added OEM all-weather floor mats (for winter, carpet in summer) and coat rack. 6/26/08 installed M5-style rear spoiler. 6/30/08 put on red reflectors. 8/22/08 Euro turn signal stickers applied. 3/20/09 Installed Shadowline Trim. 3/27/09 Added Matte Black Kidney Grilles from Trinity. 4/03/09 Installed Bimmian Shadow Matte Black 530i Badges. 4/04/09 Installed LED license plate lights from Trinity. 5/01/09 Installed Brabus Interior LED Kit and White Angel Eyes. 5/02/09 Put in Brabus 6K Fogs. 5/14/09 Removed charcoal filter. 5/15/09 Installed light smoke LED side marker lamps from Trinity. 5/21/09 Sprint Booster. 6/12/09 Painted exhaust tips flat black. 6/13/09 Pulled red Cal Covers and painted calipers low gloss black. 6/27/09 RPI Ram Air Scoop from Trinity. 8/15/09 Installed Brabus's silver invisibulbs front and rear. 9/24/09 Installed R-Dash license plate LEDs from Brabaus (John).

Quote:

Originally Posted by luigi524td' post='1029275' date='Oct 10 2009, 12:20 PM

When I got my renewal notice from Paragon last year it went from $27/yr to about $150. I decided to lower the comprehensive on my auto policy from $500 to $250 - that cost me $60 for 3 cars! That turns out to be a better deal for me and now it's as though I've got W&T coverage on 3 cars so the possible $250 out of pocket isn't such a big deal! And comprehensive coverage applies to more than rims and rubber!

Think about that strategy now that Paragon is getting out of that coverage.

I'll have to check with my insurer, Lou. Maybe I can get a similar deal. Since April I've been "self-insured" on W&T.

Reply Like

10-10-2009, 09:35 AM

#12

luigi524td

Contributors

Join Date: Dec 2007

Location: The State of Southern NJ!

Posts: 5,972

Likes: 0

Received 0 Likes on 0 Posts

Quote:

Originally Posted by CWS530' post='1029286' date='Oct 10 2009, 01:32 PM

I'll have to check with my insurer, Lou. Maybe I can get a similar deal. Since April I've been "self-insured" on W&T.

That's a bummer ... our NJ roads are as lousy as our politicians - are things any better in St Louie?

Reply Like

10-10-2009, 02:07 PM

#13

coolguy

Senior Members

Join Date: Jan 2007

Location: NJ, USA

Posts: 1,315

Likes: 0

Received 0 Likes on 0 Posts

My Ride: 2006 525i, Premium,Cold,Xenon Packages

Quote:

Originally Posted by luigi524td' post='1029275' date='Oct 10 2009, 01:20 PM

If you use comprehensive coverage, the premiums will go up right.. I have AllState and I lowered the comprehensive to $0 I think. Is it best for me to claim $200+ through AllState comprehensive coverage?

I never used Insurance before, not sure how it all works.

Reply Like

10-11-2009, 05:39 AM

#14

CWS530

Contributors

Thread Starter

Join Date: Dec 2007

Location: St. Louis Burbs, USA

Posts: 8,998

Likes: 0

Received 1 Like on 1 Post

Quote:

Originally Posted by luigi524td' post='1029293' date='Oct 10 2009, 12:35 PM

That's a bummer ... our NJ roads are as lousy as our politicians - are things any better in St Louie?

Meh. Overall, the roads and highways are OK. More chances for damage from the construction and constant repairs. The one thing that really sucks is the interstate system. If you look at a map, you'll see that about every major interstate runs right through here. Those highways really take a pounding from all those big trucks criss-crossing the states. They get dirty and rocks get kicked up in places. Right after the winter, I do my best to avoid them if possible.

I'm sure the politicians are crooked. I don't think it's possible for it to be any other way.

Reply Like

10-14-2009, 10:43 AM

#15

pukka

Senior Members

Join Date: Jun 2007

Location: Atlanta, GA

Posts: 1,845

Likes: 0

Received 1 Like on 1 Post

My Ride: 2008 535i: (8/07 Build) Metallic Bronze, Beige NASCA Leather, Ventilated Seats, Sport Pkg, Cold Wxr Pkg, Logic-7 Sound, HUD, Night Vision, PDC, Split Rear Seats, NAV, Premium Pkg, Comfort Access, HD Radio, Sport Auto Trans Current mods: M-Aero Kit, JB4, Motorcepts 6000k HID Foglamps Umnitza ICE-Lite 10w LED 6000k AE's 1992 Camaro RS: Fully Restored w/Custom Interior, 5.0L V8, T-tops, OEM Z28 Foglamps, Inst Cluster, & Spoiler, Custom Sound, Too many engine mods to list

Quote:

Originally Posted by coolguy' post='1029449' date='Oct 10 2009, 06:07 PM

If you use comprehensive coverage, the premiums will go up right.. I have AllState and I lowered the comprehensive to $0 I think. Is it best for me to claim $200+ through AllState comprehensive coverage?

I never used Insurance before, not sure how it all works.

Comprehensive is broken down into two categories: Theft and Collision

Theft is self explanatory.

Collision is what you use to file a claim for any damage to your car that is not covered by any other section of your policy. Anytime you use comprehensive-collision coverage to pay for a repair your premium is going to increase. Comprehensive is also the most expensive part of your insurance premium. You would probably save a few hundred bucks a year if you raised your deductible from $0 to $500.

Personally, I always keep my collision deductible at $1,000 and accept paying out of pocket for any damage that costs less. Then again - I no longer live in the Tri-state area.....