Quote:
Originally Posted by crypto
I have my home, three cars, and umbrella policies with USAA. From where I started in 2022 with the insurance on my M5 CS to where it is now — it’s literally doubled. I’ve not had a ticket, accident, or anything that would cause the rate the change. They’re (and I guess everyone else) also just jacking up prices insanely.
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I inputted a 22 M5 CS to be added to my policy and the 6-month premium would be $1,395.32. In addition, if I added the M5 CS and keeping my current 18 M5 my premium would increase to $701 every 6-months. Since I was only getting a quote and did not change my policy my 18 M5 premium remained at $608.
Out of curiosity, I inputted the following years of BMW M5’s for insurance costs. Again, all prices listed are for 6-month coverage with USAA:
22 M5 Comp: $1,317.76
21 M5 Comp: $1,292.76
20 M5 Comp: $1,223.65
19 M5 Comp: $1,154.13
19 M5 Base: $1,154.13
18 M5: $648.07
My neighbor just purchased a 24 M3 Comp X-Drive and he is paying $1,700 every 6-months through farmers.