Auto Insurance

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TheInspector
08-08-2006, 12:30 PM
What kind of car do you have?

03 BMW M3

cpayne5
08-08-2006, 12:30 PM
When you turn 25, your rate will drop.

Also when you get married. :)
I put my wife's vehicle on my policy before we got married. After we got married it dropped $1k/ year.

TheInspector
08-08-2006, 12:32 PM
I put my wife's vehicle on my policy before we got married. After we got married it dropped $1k/ year.

Dang. I guess I should get married. ;)

cpayne5
08-08-2006, 12:34 PM
03 BMW M3
$2k a year probably isn't that bad considering you're under 25 and driving an M3.

TheInspector
08-08-2006, 12:43 PM
TMC is also under 25, has three tickets and pays half of what I do. That's what caught my eye. However, we live in different markets, so that could change everything...I guess.

cpayne5
08-08-2006, 12:51 PM
TMC is also under 25, has three tickets and pays half of what I do. That's what caught my eye. However, we live in different markets, so that could change everything...I guess.
That truck is probably ~$400 a year extra for you and he has a Mazda 5, which isn't quite an M3 in the insurance company's eyes. ;)

Monkeydad
08-08-2006, 02:18 PM
03 BMW M3
:oink:

Well THAT explains the high rate!

It's expensive for them to repair it if someone hits you. REALLY expensive.

TheMalcolmConnection
08-08-2006, 02:22 PM
That sounds expensive. I pay $400 every 6 months for TWO CARS with Allstate. What kind of car do you drive? Is it a "high performance" car?

It's "considered" a sports car. It's a Mazda3. We just got our new bill and my fiancee and I combined pay $639 for her 2001 Altima and my 2004 Mazda3. So I guess that isn't bad.

TheInspector
08-08-2006, 02:26 PM
:oink:

Well THAT explains the high rate!

It's expensive for them to repair it if someone hits you. REALLY expensive.

Yep. It won't be long until I sell it.

firstdown
08-08-2006, 02:41 PM
Unfortunately, that is the name of the game. Since the insurance company is a corporation, they must make profits. If they don't make profits, then the stockholders will fire the corporate officers--and the stockholders only care about their return on investment--not about ethics. This is exactly the type of behavior which gives me a terrible feeling about insurance in general.Statefarm is not a stock company and does not sell shares of stock so they do not have stockholders to answer too.

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