I am a 27 year old male. My insurance company is Traveler’s. I drive a 2007 BMW 335i. Currently I’m paying just under $1,400 a year for collision and liability (yes I want to keep the collision, it’s really well kept).
I’m considering buying a second car, a 2013 Lexus GS 350 as a daily driver and long distance car. If I do this, it would be another $100/month, totaling just under $2,600 for 2 cars.
I’ve been driving for 11 years and have never received a ticket and never been in a car accident. Am I paying too much? What insurance companies would you recommend for someone my age and my situation? What tools are available to me to compare rates?
February 24, 2021 at 10:51PM
