BMW
X7 and XM
forum
BMW Garage BMW Meets Register Today's Posts
BMW XM (G09) Forums General BMW XM Forum the elephant in the room

Post Reply
 
Thread Tools Search this Thread
      03-24-2023, 02:12 AM   #1
Msparta
First Lieutenant
316
Rep
310
Posts

Drives: X6M
Join Date: Jul 2013
Location: -

iTrader: (0)

Is the insurance policy 🤣

GL to anyone and everyone trying to insure these beasts!

What provider are you all able to get coverage with?

Progressive currently has to manually enter this vehicle into their db and manually write the policy with a maximum coverage of only 150k

Geico is also unable to issue and requires special underwriting, takes days to attempt to have them cover the value and it’s not confirmed they would.

Owners shime in…
Appreciate 0
      03-24-2023, 05:17 AM   #2
padrino
Alpina!
363
Rep
296
Posts

Drives: Alpina XB7
Join Date: Sep 2012
Location: AL

iTrader: (0)

Any new car has this issue, Ford, VW, or otherwise… Takes a bit for them to model the vehicle and put a cost on it…

Progressive only supports a maximum coverage of 150K no matter the vehicle, their business is not high end cars, I left them years ago for that reason….

In general I know State Farm handles it quick based on my experience with them and the G chassis M760, Hagerty can write as well I assume since they handled one, my M4 CSL fell into the same spot as I had one of the first delivered.
Appreciate 0
      03-29-2023, 07:04 PM   #3
Msparta
First Lieutenant
316
Rep
310
Posts

Drives: X6M
Join Date: Jul 2013
Location: -

iTrader: (0)

This topic is highly underrated. Any new owners please shime in on what provider has fully covered the value of the xm…

I been in touch with a hand full only to be told they are not covering it as of now.
Appreciate 0
      03-30-2023, 12:18 PM   #4
padrino
Alpina!
363
Rep
296
Posts

Drives: Alpina XB7
Join Date: Sep 2012
Location: AL

iTrader: (0)

Call State Farm, when they tell you it's not in their system they should also say they will submit it with the right value and another model (the X7) pending addition, coverage will be no issue as it will be valued properly and noted internally.. Recommend you talk to an agent and not the 800 number.
__________________
2021 Alpina XB7 - Alpina Blue
2022 M5 CS - Frozen Gray
Appreciate 1
Msparta316.00
      03-30-2023, 08:49 PM   #5
Msparta
First Lieutenant
316
Rep
310
Posts

Drives: X6M
Join Date: Jul 2013
Location: -

iTrader: (0)

Quote:
Originally Posted by padrino View Post
Call State Farm, when they tell you it's not in their system they should also say they will submit it with the right value and another model (the X7) pending addition, coverage will be no issue as it will be valued properly and noted internally.. Recommend you talk to an agent and not the 800 number.
Will def do this thank you!
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:46 PM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST