Wednesday, January 25, 2012

How much would it cost for an 18 year old to insure a BMW M16 approximately?

i am turning 17 soon and once i have passed my driving test i want to get a BMW M16 but my parents are saying it will be too dear to insure, how much approximately would it be for an 18 year old per year? thanksHow much would it cost for an 18 year old to insure a BMW M16 approximately?Josh give it a rest you are dreamingHow much would it cost for an 18 year old to insure a BMW M16 approximately?
I know what is cost in DC. My grand daughter to be insured and live in DC is about $600 every six months. Its a depends on where you live thing and how many accidents, what kind of coverage.How much would it cost for an 18 year old to insure a BMW M16 approximately?For a new driver just passing their test it may be impossible to find an insurer willing to take on the risk on an M6 ( I don't think BMW do an M16) with an 18 year old driving .If you could it would probably be in excess of 拢20,000 yes twenty thousand a year and this would be payable in a lump sum not in instalments.It does not matter how good a driver you think you are statistically you are at greater risk of an accident the younger you are .The risk also increases the more powerful the car.In addition crashes involving young drivers invariably involve 3 or more passengers due to the driver showing off to their friends.Unfortunately an insurer has to work out the cost of possible claims from a young driver in a powerful car so three dead passengers,the driver usually survives a crash because they can see the crash developing and react, and whatever damage to other property vehicles people etc this can add up to millions of pounds and the premiums reflect this .In addition that would be third party cover so would not cover damage to yourself or your own car fully comprehensive may be three times that figure.How much would it cost for an 18 year old to insure a BMW M16 approximately?
No such car as an M16. Any other BMW with an M in front will be uninsurable at 18How much would it cost for an 18 year old to insure a BMW M16 approximately?An 18 year old male, new driver in an M6. if you find anyone to insure you at all, it will be no less than 拢10,000How much would it cost for an 18 year old to insure a BMW M16 approximately?
very expensive
7500 per year

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