How much do you pay for insurance on your M5?
05-25-2009, 11:53 AM
#11
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Location: San Antonio, TX
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My Ride: 04 525i, 04 Dinan M3
Originally Posted by EuroCarFan' post='889552' date='May 25 2009, 12:50 PM
You bet or you already know? Let's see pics of the new beast . hehe
05-26-2009, 07:23 AM
#13
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Join Date: Jan 2005
Location: Dallas, Texas
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My Ride: 2005 530i upgraded to 2007 550i 12/20/06
Took delivery of 2008 M5 3/25/08 cf delete K&N filters, the rest stock.
Mine went down, as I turned 50 years old, same time I got the M5.
550- 808 for 12 months.
M5- 728 for 12 months.
550- 808 for 12 months.
M5- 728 for 12 months.
05-26-2009, 07:38 AM
#14
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My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
I'm not sure, but I do know it went up slightly from my 530. I have 3 cars and all are lumped together under one policy. I do know that when I spoke to Geico about adding my M5, they said the M5 is in a completely different classification than that of a 530/550 or any other 5 series, for that matter. I believe the standard 5's are considering "luxury", whereas the M5 is considered "luxury" AND "sport", thus making the coverage higher due to falling into both categories. It's also dependant on age, where you live and driving record. If I lived in Manhattan, the insurance would be much greater due to risk of damage/theft being much higher.
Overall though, it didn't make too much of a dent in my pocket.
Overall though, it didn't make too much of a dent in my pocket.
05-27-2009, 04:57 AM
#16
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My Ride: 2011, E90 M3 Sedan. Alpine White.Competition package, Keyhole cover, fender reflectors in Alpine white, RPI Exhaust, 19
Originally Posted by C's Bimmer' post='890471' date='May 26 2009, 11:38 AM
I'm not sure, but I do know it went up slightly from my 530. I have 3 cars and all are lumped together under one policy. I do know that when I spoke to Geico about adding my M5, they said the M5 is in a completely different classification than that of a 530/550 or any other 5 series, for that matter. I believe the standard 5's are considering "luxury", whereas the M5 is considered "luxury" AND "sport", thus making the coverage higher due to falling into both categories. It's also dependant on age, where you live and driving record. If I lived in Manhattan, the insurance would be much greater due to risk of damage/theft being much higher.
Overall though, it didn't make too much of a dent in my pocket.
Overall though, it didn't make too much of a dent in my pocket.
05-29-2009, 08:07 PM
#17
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My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
Originally Posted by osxe60' post='891449' date='May 27 2009, 05:09 AM
I pay $384 for 6 months with state farm! But I also have multi-car discount.
05-30-2009, 07:11 PM
#18
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My Ride: 2006 M5 Black Sapphire on Black with Walnut Madeira Wood
paid 1200 for 6 months but was told if i take driver defense course they could drop it by $200.
08-02-2010, 06:15 AM
#20
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My Ride: 08 528I Sport/Prem