E30 Insurance!

liquidc3lls · 10-14-2011, 01:51 AM

Hey guys, as you can see am new to the forum, I just got my E30, finally found the perfect E30 that i wanted, has 180,000 4 door 325i black clean shell! anywho am really happy that i finally found it after a good search, so i finalized everything, and now am looking for an Insurance Company here ottawa, canada, so i started calling and it seems that almost no company insures a E30, apparently its "too old", Bel-Air wont touch it, and every other insurer are quoting me 4k-6k premiums, the cheapest one way quote i got was $3600, i currently drive a VW jetta its a 07 2.0 and am paying 120$ a month
my driving record is flawless, am 22, with literally nothing on my file not even a parking ticket, ive been driving for about 4 years! my main question and reason for the post, is to find out who are u guys insured with and how much are you paying! because with all honesty i might end up selling the car and go for a E36 insurance is alot cheaper!

Any advice possibly referrals will help, i really dont want to sell this car i love my e30

blakneto · 10-14-2011, 02:46 AM

Dude... you are screwed... you are 22 and still in the "death bracket"... In fact I am surprised you even got $120 on the Jetta! Are you listed under someone else or on your own?

Shop around... or wait til you are 28 years old! :p

Ugo.

frankie591 · 10-14-2011, 07:36 AM

Are you looking to get collision on your insurance plan? When I was looking a lot of companies told me the same thing that the car is too old. However once I said I just wanted liability and no collision, fire, theft etc. Then my insurer (td Meloche mennox ) were fine to insure it. I am currently paying about 900 per year with year with full coverage and I'm the same age as you with similar driving history from what I read.

noodles101 · 10-14-2011, 07:40 AM

you get a pretty damn good discount if you are a university student

MaxBell · 10-14-2011, 12:45 PM

^ This. I go through Meloche Monnex. I pay $120 a month with 1 car accident and I'm 21. Since I am a Carleton student I get their crazy deals.

liquidc3lls · 10-14-2011, 01:30 PM

thanks alot guys, ive called a few brokers today, Allstate gave me a quote for 178, still waiting on AVIVA broker, heard they are pretty cheap and do insure 1990 bmw, am also going to fill that form from TD meloche monnex and mail it in.....hope it all works out, had a kid today come and look at the car he wants to put "JDM lights" and "body kit" ill pay a kidney for insurance before i sell it to that gatineau kid!

MaxBell · 10-14-2011, 04:10 PM

I drive an 1987 325i, I forgot to say.

I just called up and asked for coverage. This is the number on my paperwork for quotes. 1 877 536 7755

Denny · 10-14-2011, 07:33 PM

Quote:

Originally Posted by liquidc3lls

thanks alot guys, ive called a few brokers today, Allstate gave me a quote for 178, still waiting on AVIVA broker, heard they are pretty cheap and do insure 1990 bmw, am also going to fill that form from TD meloche monnex and mail it in.....hope it all works out, had a kid today come and look at the car he wants to put "JDM lights" and "body kit" ill pay a kidney for insurance before i sell it to that gatineau kid!

LOL well said.

Here what I did.

1) get appraisal done
2) call AVIVA and tell them you have a appraisal done so you can insure it properly

Actually "Hockeyfan" in this forum can set u up

Look in my blog you will see what I did and the appraisal company I used.(very important the insurance will work with the real appraisers ONLY)

propr'one · 10-14-2011, 10:02 PM

I pay 180 a month for full coverage, 500$ deductible on a 01 M roadster. I'm 24, and my record is sketchy.

liquidc3lls · 10-15-2011, 12:37 AM

thanks alot guys for all ur replies, this is truly a solid community, i called TD Insurance Meloche Monnex, gave all the details and i got a quote for 170$ a month, thats the lowest i got in my endless search, so i went for it got my policy and everything, by the way on the phone, there service is amazing, everything was effortless!
thanks alot guys you have been great i really appreciate it!
am gna go call that kid tmrw morning and tell him its off the market, saved the car from VTEC stickers and tilted plates....pheww

liquidc3lls · 10-15-2011, 12:50 AM

btw denny i checked ur blog, and i dnt usually say this, but that's a beautiful ride man, knock on wood. one of the best ive seen in ottawa! very clean!

MaxBell · 10-16-2011, 01:35 PM

Quote:

Originally Posted by liquidc3lls

thanks alot guys for all ur replies, this is truly a solid community, i called TD Insurance Meloche Monnex, gave all the details and i got a quote for 170$ a month, thats the lowest i got in my endless search, so i went for it got my policy and everything, by the way on the phone, there service is amazing, everything was effortless!
thanks alot guys you have been great i really appreciate it!
am gna go call that kid tmrw morning and tell him its off the market, saved the car from VTEC stickers and tilted plates....pheww

Good stuff dude. They're a little more unknown, but I've yet to find better rates.

jasonbaek · 10-16-2011, 07:42 PM

I seriously gotta try TD Insurance ...apparently they also offer a discount for OCADU students as well

MaxBell · 10-16-2011, 08:52 PM

Do it, they just dropped my rate to $88/month yesterday for the E30, since the accident dropped off my record and I agreed to move my house insurance over to them.

ryanjv · 10-18-2011, 09:42 PM

i'm with the personal insurance and the e30 is 130/month. although i should call because i turn 25 in 2 days and just got married. apparently marriage makes insurance go down since you're not trying to impress anyone anymore?