[JimBMWfan]

Are you all finding that the insurance for an iX is insanely high?
I pay $900/year for full coverage on my 2016 Corvette Z51 3LT,
The iX is going to cost $5000.
Are any of you getting similar quotes?

I didn’t get that issue with Liberty Mutual. Paying about the same as the 2019 X5 that it replaced.

 

[Drberger]

writing from the car theft capital of the US, New Jersey. State Farm tells me today that the premium for the iX will be about 1,060 per year. This doesn’t include any reduction for the car I’m trading in.

 

[DaSwartz]

Since this post freaked me out and my iX is on a boat heading to Washington State, I checked with my insurer (State Farm). $730/year for the iX. The i4 M50 we are getting a couple months after was a little higher at $840/year. Sorry to those who are getting hammered.

 

[hilld]

I am glad you wrote this. I am also awaiting my iX in WA state and I am also with SF.

 

[DaSwartz]

Cool. I think I’m paying about 2 dollars more per Month for the iX than I pay for our expedition. Super pumped. Our sales person just let us know that we should see ours between 6/10 -6/14. Seems almost like a dream at this point since we preordered on 6/1/21.

 

[RJF99]

New to forum, expect my iXSport40 by end June, need to sort out Uk insurance. Hope not as expensive as I have read others getting charged.

Was paying £640 for X7 now £199 for iX - that’s per year. Admiral came out best. Some companies still don’t rate the iX but it is likely cheaper as it has received the maximum 5* Euro NCAP safety rating.

 

[Mrainhe]

I think dutyfree is right.
it appears that Farmers doesn’t want our business.
We were only with them for a year, with no claims or tickets.
$1600 for the M60 is awesome.

Good for you. A little but surprised Farmers is doing that, I've been with them for a while and never seen or heard anything like that. Yeah, definitely them not letting exclude your 16 yo seems a bit too arbitrary. Hope you can get a much much better quote elsewhere , saving some bucks it's more important than never I guess, these days I've been using this trigonometry tutor service app for my kid, it's not the best, I'd give it a 8/10 but it's free which is good.

 

[Legin]

Thanks @RJF89, will definitely get a quote from Admiralty. Will update in a few weeks once everything sorted.

 

[Rgordon]

Are you all finding that the insurance for an iX is insanely high?
I pay $900/year for full coverage on my 2016 Corvette Z51 3LT,
The iX is going to cost $5000.
Are any of you getting similar quotes?

Progressive is about $1800 a year for the iX In Texas. $25 cheaper a month than my X5. I have 3 cars and 2 teenagers on my policy…policy is separate from home.

 

[SteveBK123]

My policy going from Tesla Model 3 to BMW iX is going up 80%..
Which seems insane !
But also proportional to car prices so maybe that’s expected?
Absolute price horrible because Brooklyn.

 

[BMWiX192]

Farmers' insurance quotes about little less than $775 for 6 months. They don't do a yearly policy anymore. No accidents/tickets in the last 10 years.

 

[davidbailey7]

I just activated the insurance on my new IX 50 on Friday for WA state. It’s going to $672 a year via State Farm. I pick it up in Baltimore on Wednesday and will be driving it home.

 

[Deacon]

Are you all finding that the insurance for an iX is insanely high?
I pay $900/year for full coverage on my 2016 Corvette Z51 3LT,
The iX is going to cost $5000.
Are any of you getting similar quotes?

 

[davidbailey7]

I would get some new quotes. Thats insanely high insurance

 

[jcolinzheng]

Am I the only person driving a $100k+ car with only liability insurance?

I expect the majority of iX owners are risk neutral about a $100k property, in which case paying for non-mandatory insurance coverage isn't rationale.

 

[davidbailey7]

Am I the only person driving a $100k+ car with only liability insurance?

I expect the majority of iX owners are risk neutral about a $100k property, in which case paying for non-mandatory insurance coverage isn't rationale.

Full coverage is the only way to go in my opinion.

 

[Deacon]

I just put up a post about this as well. I have Safeco insurance (2 Beemers and the house and mine is going up to ~$5K for both cars. I’m calling my agent and asking them to shop around. We’re both in our 70’s and retired driving less than 10K per year with no prior claims or tickets. I think we’re being taken advantage of..

I would get some new quotes. Thats insanely high insurance

My agent is looking at new options. Thanks

 

[pillpusher84]

writing from the car theft capital of the US, New Jersey. State Farm tells me today that the premium for the iX will be about 1,060 per year. This doesn’t include any reduction for the car I’m trading in.

unfortunately I also live in NJ. My premium is around $1600 per year. Vehicle is listed as a pleasure car with under 2k miles per year. I have no accidents or tickets, and I’m 38, male married.

I’d be happy with $1060 per year

 

[PanamaRod]

For me: ~50 years with USAA...multi-vehicle discount...single adult driver.
~$1275 for current 6 months.
2022 iX50 -- $650
2010 650i (conv) -- $320
1994 325i 4D -- in storage w/39k miles -- $30 [looking for buyer]
2020 Jeep Wrangler -- $275

 

[Electric Sloth]

State Farm. Multi-line + multi-vehicle discounts, married, both mid 40s.
2022 iX50: $652 / 6 months (me primary)
2018 CRV: $471 / 6 months (wife primary)