E60 M5 Discussion The almighty M5. Have you seen one today?

Cost for Insurance????

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Old 12-15-2010, 12:13 PM
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I pay $50 a month full coverage with $1000 deductible for an 08' 535xi with Liberty Mutual
Old 12-17-2010, 11:40 AM
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Originally Posted by jmsod
The bigger issue with the M5 is the price of gas. If you drive 15000 miles per year and average price per gallon of premium fuel is $3 / gallon then you will be spending about $4500 / year in gas.
I would have to agree with this post in that I pay a lot more for gas than I do for insurance.

To answer the question regarding the cost of insurance, I'm 25 years old and I pay $1151.80/6 months - full coverage on 3 cars ('04 Audi A4, '06 M5, '05 X5 4.8is). I've been with Geico for 9 years, no negatives on my history and I max out on all possible discounts (eg- good driver, multi-car, defensive drivers, etc.). Luckily I have yet to put a claim in through Geico, as I have heard good and bad stories about the claim process, but I've had quotes from other "better" companies for twice what I've been paying for half the coverage...
Old 12-27-2010, 12:08 PM
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You are all lucky, I pay 480 a month for an old 530 Clean record, under 25y.o.
Old 12-27-2010, 01:45 PM
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I'm 22, on my parents insurance, have no tickets or accidents on record and I'm still paying $200 a month!! I used to be paying $260 a year ago, I think they are screwing me over on only a 525
Old 12-27-2010, 01:59 PM
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Hmmm for a 06--530i
Well, I am over 25 - Pay about 60 dollars a month for full coverage.
I have had 2 huge tickets one was doing 97 in a 35 (Speeding) and the other was doing 113 in 55 (Reckless driving)

I thank god I am lucky
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