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      06-22-2017, 07:05 PM   #23
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Yikes that is high. When I was a teen back in 05 my dad paid $500 for six months or $1000 a year for me.

Last edited by supra93; 06-22-2017 at 11:25 PM..
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      06-22-2017, 11:23 PM   #24
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Quote:
Originally Posted by paliknight View Post
USAA. If you arent a military family, then make them enlist, at minimum air force reserve. this will solve many of your problems (especially college), not just this one.

I am a usaa member but in the past they were quite a bit higher for auto and home. But I will give them another shot with the teenager included now to see where they fall.
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      06-22-2017, 11:46 PM   #25
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Quote:
Originally Posted by Atx328 View Post
I am a usaa member but in the past they were quite a bit higher for auto and home. But I will give them another shot with the teenager included now to see where they fall.
I don't get why everyone keeps pushing USAA. I had them for a few years when I was in the Marines, mostly because I never shopped around. Turns out I was paying twice as much as I would have with other companies. When my wife and I got married I went back to them for a quote just to see and they quoted me 3x as much as we were paying with State Farm for less coverage than we already had. This was for 2 drivers in their early 30s with no tickets and no accidents. The quote was nearly $600/month.
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      06-23-2017, 12:37 AM   #26
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I'm probably getting the insurance deal of a lifetime, My 06 Z4m with full coverage from Geico is costing me way under $2k and I'm 17.

Last edited by WeekendWarriorz; 06-23-2017 at 01:28 AM..
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      06-23-2017, 01:48 AM   #27
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Quote:
Originally Posted by Atx328 View Post
I am a usaa member but in the past they were quite a bit higher for auto and home. But I will give them another shot with the teenager included now to see where they fall.
Quote:
Originally Posted by pukicabuki View Post
I don't get why everyone keeps pushing USAA. I had them for a few years when I was in the Marines, mostly because I never shopped around. Turns out I was paying twice as much as I would have with other companies. When my wife and I got married I went back to them for a quote just to see and they quoted me 3x as much as we were paying with State Farm for less coverage than we already had. This was for 2 drivers in their early 30s with no tickets and no accidents. The quote was nearly $600/month.
Yeah I dont use them anymore either. But Im speaking from experience when I say, they are usually much cheaper for young drivers. All my young army buddies and myself saved hundreds of dollars a month initially when we switched to USAA. we were 22 at the time and some even younger (range from 18-24). they all saved a shit ton of money initially.
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      06-23-2017, 01:52 PM   #28
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Quote:
Originally Posted by paliknight View Post
Yeah I dont use them anymore either. But Im speaking from experience when I say, they are usually much cheaper for young drivers. All my young army buddies and myself saved hundreds of dollars a month initially when we switched to USAA. we were 22 at the time and some even younger (range from 18-24). they all saved a shit ton of money initially.
Atx328 pukicabuki Paliknight is correct because USAA's insurer's pool is, on average, younger than normal because of the active military and dependents that can use it.

However, this is why I've used them since I was 16 (My father was high-level DoD civilian):
- Customer service is far and away the best in the industry.
- It's a controlled-profit company. If it makes too much money in a fiscal year, you get a dividend check.
- Claims are lightning quick -- not just for auto, but for home. I had a Jeep stolen once; it needed about $3,500 in interior repairs. From incident to completion, it took less than two weeks. I had a loft apartment flood once; had damage to rugs, furniture, and music equipment that amounted to about $4.5k. Claims rep visited the next day, and I had a check in four days.
- Car loan rates are by far the best out there -- and you get a better rate with piggyback coverage. I've never had another financial institution come within .75 percentage points of USAA's rates -- and that only happened once.
- Rates are competitive -- and frankly, I'm perfectly happy paying a little more for the above reasons. With the horror stories I've heard about just about every other major insurance company ... yeah.

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      06-23-2017, 01:57 PM   #29
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Quote:
Originally Posted by Atx328 View Post
My 17 yr old was supposed to go off to college this fall but now it looks like she will be attending school while living at home. I have geico for a 2011 n 2013 328i's and a POS 1999 explorer. The six month cost for the wife n I is around $550 but it's over $1500 when the kids gets added on.

Does anyone have experience with an insurance company that doesn't hit you so hard for kids? She will turn 18 this summer.

With the price of e90s dropping, I would like to pick one up for her to drive but the insurance will cost more than the payment!
I hope she's driving the Bimmer, not the POS.

To respond to your question, it costs more to insure teenage girls for two reasons: texting and makeup.

Here in Southern California the insurance for my then 16-year old daughter to drive a new X1, and occasionally to drive my other cars (then a 445 hp 650i GC and a 445 hp 650i convertible) was $5K per year. The rates slowly dropped. She's 20 now and the rates are still more than mine but coming down.

(I used to have USAA insurance but found it completely uncompetitive when my daughter turned 16. For two years I had Mercury Insurance with her. Now I have CIG.)
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      06-23-2017, 04:18 PM   #30
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Quote:
Originally Posted by pukicabuki View Post
I don't get why everyone keeps pushing USAA. I had them for a few years when I was in the Marines, mostly because I never shopped around. Turns out I was paying twice as much as I would have with other companies. When my wife and I got married I went back to them for a quote just to see and they quoted me 3x as much as we were paying with State Farm for less coverage than we already had. This was for 2 drivers in their early 30s with no tickets and no accidents. The quote was nearly $600/month.
If you were enlisted you were on a higher risk rating. You may want to get a new quote. I think their rate structure has changed.
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      06-23-2017, 08:18 PM   #31
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Quote:
Originally Posted by MGM135is View Post
If you were enlisted you were on a higher risk rating. You may want to get a new quote. I think their rate structure has changed.
When I got the ridiculous rate quote after I got married I had been out for 7 years and hasn't been with USAA in 5. I've been meaning to get the to quote again just for laughs.
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      06-23-2017, 08:40 PM   #32
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Warren Buffet's co owns Geico no surprise at all.

Take the time to shop around, and have some brokers shop for you as well.
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      06-23-2017, 08:52 PM   #33
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Also try asking to sign an exclusion that she will not drive your other cars.

That might bring the rates down in and of itself.
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