i8 insurance for you other owners?

vmatheboss · 06-27-2016, 06:03 PM

i wasnt aware insurance was upwards around 5k to 6k per year for a 2016? ive gotten quotes for a few different companies... is that normal? i came from a gtr paying 1500 to 1600 per year..

emmfive · 06-27-2016, 06:10 PM

Quote:

Originally Posted by vmatheboss

i wasnt aware insurance was upwards around 5k to 6k per year for a 2016? ive gotten quotes for a few different companies... is that normal? i came from a gtr paying 1500 to 1600 per year..

That sounds way off. An i8 shouldn't be 3-4x vs gtr. Maybe have them recheck their numbers?

vmatheboss · 06-27-2016, 06:14 PM

Quote:

Originally Posted by emmfiv3

That sounds way off. An i8 shouldn't be 3-4x vs gtr. Maybe have them recheck their numbers?

yea thats what i was thinking too. my insurance agent shops around for the best prices and the top 4 to 5 are all coming up with those numbers.... she was saying the car is expensive and brand new... im unsure

RLD · 06-27-2016, 06:16 PM

I have Nationwide and I'm paying around $2100 per year.

geraldm2012650vert · 06-27-2016, 06:31 PM

I have USAA, I pay $1696.08 per year

vmatheboss · 06-27-2016, 06:40 PM

thanks i msged you guys privately for coverage info... its a huge difference from my quotes...im not sure why... i have good driver discount n all that too

phoenixbmwlife · 06-27-2016, 06:41 PM

$5,000 is expensive. I was quoted $1200 for 6 months. Geico

exclusivedetails · 06-27-2016, 07:30 PM

I'm paying $900 every 6 months and that includes another car. This is with Geico and I am 29 with a clean record. I would definitely keep looking. The i8 cost a little bit more to insure than the M3!

rastaman777 · 06-27-2016, 07:41 PM

Quote:

Originally Posted by PhoenixWolf

$5,000 is expensive. I was quoted $1200 for 6 months. Geico

Ditto for me with Geico. 1200/6 mths. That's before discounts for multi-car as well.

mikenyc · 06-27-2016, 08:50 PM

Quote:

Originally Posted by rastaman777

Ditto for me with Geico. 1200/6 mths. That's before discounts for multi-car as well.

I'm paying 1350$ per 6 months ( which is about twice my X6 50i 700+) Allstate with clean record

Carac · 06-27-2016, 09:11 PM

I was playing $1750 a year through Chubb, multicar discount.

williocom · 06-27-2016, 09:26 PM

I'm about $1100 every 6 months on Geico

vmatheboss · 06-28-2016, 02:12 AM

ok i ended up leaving my current insurance and went to progressive.... 1700 per 6 months... WAY better than 3600 every 6 months!!! i was going to try geico but got scared of trying them out

jcpca356 · 06-28-2016, 08:30 AM

$528/6months for me

JasH · 06-28-2016, 12:37 PM

£363 per annum for me.

Incredibly cheap car to insure

vmatheboss · 06-28-2016, 02:54 PM

Quote:

Originally Posted by jcpca356

$528/6months for me

thats really good deal... its probably because i had bad luck with my previous cars... one had a bullet hole through there, and the other one was vandalized...then my 3rd car was in a flood for total loss .....

Aye-eight · 06-28-2016, 05:37 PM

Quote:

Originally Posted by vmatheboss

ok i ended up leaving my current insurance and went to progressive.... 1700 per 6 months... WAY better than 3600 every 6 months!!! i was going to try geico but got scared of trying them out

Glad you found a better deal. But to be honest, car insurance is (a) difficult to compare across countries, and (b) next to you rdriving record, driven by your zip code. So, depending on where you live, you may never get (or you may beat) the quotes people will share with you in this forum. Best approach is to really shop around different insurers.

vmatheboss · 06-29-2016, 01:11 AM

Quote:

Originally Posted by Aye-eight

Glad you found a better deal. But to be honest, car insurance is (a) difficult to compare across countries, and (b) next to you rdriving record, driven by your zip code. So, depending on where you live, you may never get (or you may beat) the quotes people will share with you in this forum. Best approach is to really shop around different insurers.

yea i kinda figured that, but 3600 per 6 months is VERY expensive and unusual... especially coming from a GTR, i would figure its around the same if not maybe even less! you would think a GTR is known for racing and this i8 is more of a luxury car you'd hardly drive (even tho i daily drive it lol)

Aye-eight · 06-29-2016, 12:40 PM

Quote:

Originally Posted by vmatheboss

yea i kinda figured that, but 3600 per 6 months is VERY expensive and unusual... especially coming from a GTR, i would figure its around the same if not maybe even less! you would think a GTR is known for racing and this i8 is more of a luxury car you'd hardly drive (even tho i daily drive it lol)

I agree. It does sound expensive. It may also be a case of an insurer not really having done the analysis on the i8 yet, so the quote a "safe" price.

What also enters into this, and makes comparison across cars difficult, is expected repair costs. The i8, with its carbon-reinforced polymer monocoque is impossible to fix in case of certain types of accidents. It may be more likely to be totalled than other cars that one would expect to be in the same category. That can drive up the premium.

ericsi · 06-30-2016, 01:51 AM

Quote:

Originally Posted by JasH

£363 per annum for me.

Incredibly cheap car to insure

Who with??

fishpond · 06-30-2016, 06:46 PM

Quote:

Originally Posted by JasH

£363 per annum for me.

Incredibly cheap car to insure

That is good... mine was £590

Aye-eight · 07-01-2016, 02:33 PM

Quote:

Originally Posted by vmatheboss

thats really good deal... its probably because i had bad luck with my previous cars... one had a bullet hole through there, and the other one was vandalized...then my 3rd car was in a flood for total loss .....

Time to change neighborhoods, mate. The i8 ain't bullet proof....

06-27-2016, 06:03 PM	#1
vmatheboss Enlisted Member 8 Rep 39 Posts Drives: nissan gt-r / bmw i8 Join Date: Jun 2016 Location: ca iTrader: (0)	i8 insurance for you other owners? i wasnt aware insurance was upwards around 5k to 6k per year for a 2016? ive gotten quotes for a few different companies... is that normal? i came from a gtr paying 1500 to 1600 per year..
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06-27-2016, 06:16 PM	#4
RLD New Member 5 Rep 16 Posts Drives: BMW i8 & i3 Join Date: May 2016 Location: McKinney, TX iTrader: (0) Garage List 2015 BMW i8 [0.00]	I have Nationwide and I'm paying around $2100 per year.
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06-27-2016, 06:31 PM	#5
geraldm2012650vert Enlisted Member 6 Rep 30 Posts Drives: 2015 I8 Join Date: Aug 2015 Location: Houston, Tx iTrader: (0)	I have USAA, I pay $1696.08 per year
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06-27-2016, 06:40 PM	#6
vmatheboss Enlisted Member 8 Rep 39 Posts Drives: nissan gt-r / bmw i8 Join Date: Jun 2016 Location: ca iTrader: (0)	thanks i msged you guys privately for coverage info... its a huge difference from my quotes...im not sure why... i have good driver discount n all that too
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06-27-2016, 06:41 PM	#7
phoenixbmwlife Brigadier General 1913 Rep 4,128 Posts Drives: M235i & G30 540i Join Date: Mar 2007 Location: Boynton Beach iTrader: (0) Garage List 2014 BMW/M235i [0.00]	$5,000 is expensive. I was quoted $1200 for 6 months. Geico __________________ Lack of money is not the problem. It is merely a symptom of what's going on inside of you! - T Harv Eker Follow me on Insta https://www.instagram.com/bmwm_life_/ https://www.instagram.com/autogiftua/ https://www.instagram.com/phoenixbmwlife/
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06-27-2016, 07:30 PM	#8
exclusivedetails Private First Class 58 Rep 179 Posts Drives: 2015 i8 Join Date: Aug 2006 Location: NJ, MD, VA iTrader: (0)	I'm paying $900 every 6 months and that includes another car. This is with Geico and I am 29 with a clean record. I would definitely keep looking. The i8 cost a little bit more to insure than the M3!
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06-27-2016, 09:11 PM	#11
Carac Captain 95 Rep 678 Posts Drives: E30M3, E39M5, SLSAMG, RRS SVR Join Date: Sep 2013 Location: USA iTrader: (0) Garage List 2015 Range Rover Sp ... [0.00] '03 BMW M5 [0.00] '88 BMW M3 [0.00] '84 Toyota Corolla ... [0.00] '14 Ford Fiesta ST [0.00] '12 Mercedes SLS AMG [9.83]	I was playing $1750 a year through Chubb, multicar discount. Last edited by Carac; 06-27-2016 at 11:36 PM..
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06-27-2016, 09:26 PM	#12
williocom Lieutenant 41 Rep 401 Posts Drives: 2017 SO M3 Join Date: Sep 2009 Location: NOVA iTrader: (7)	I'm about $1100 every 6 months on Geico __________________ 2018 530e ///2017 M3 SO/Blk (Retired) 2015 i8 Sophisto Grey (RETIRED) ///2015 M3 MW/SO (RETIRED) ///2011 e93 M3 AW/FR (RETIRED)
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06-28-2016, 02:12 AM	#13
vmatheboss Enlisted Member 8 Rep 39 Posts Drives: nissan gt-r / bmw i8 Join Date: Jun 2016 Location: ca iTrader: (0)	ok i ended up leaving my current insurance and went to progressive.... 1700 per 6 months... WAY better than 3600 every 6 months!!! i was going to try geico but got scared of trying them out
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06-28-2016, 08:30 AM	#14
jcpca356 Lieutenant 164 Rep 465 Posts Drives: i8 Join Date: Dec 2014 Location: Chicago iTrader: (0)	$528/6months for me __________________ 2015 BMW i8, 2018 Triumph Bobber Black, 2005 Lotus Elise Widebody, 2019 Rav4 Hybrid, 2019 Tundra TRD, 2019 Trek Powerfly 5 (love it!)
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06-28-2016, 12:37 PM	#15
JasH Lieutenant Colonel 621 Rep 1,646 Posts Drives: McLaren & Ferrari & i8 & i3 Join Date: Jul 2014 Location: Kent, UK iTrader: (0)	£363 per annum for me. Incredibly cheap car to insure
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