I’m 21 and about to get my first ever BMW. It’s a 2015 328i with 50k miles super well taken care of and have been looking around for insurance quotes and all of them are $200+ full coverage. I understand I’m young but is there anyone out there that happens to know of a car insurance that might be on the cheaper side for a BMW. I know it’s going to be somewhat expensive for a vehicle like this but I can’t process paying almost the same amount for insurance as the vehicle itself monthly. Any help is wonderful……
$200/m sounds reasonable for full coverage. Your circumstances probably won’t allow for a much cheaper policy. Find a good local broker who can shop your policy and be prepared to pay up-front for an additional discount - I get a ~12% discount by doing single-pay for an annual policy.