Insurance cost?
#2
RE: Insurance cost?
C6 purchased in June 05, $608 per year with Geico (first year), a fistful of dollars less this year......driven & garaged in Florida, less than 5K miles per year, both drivers have spotless records with Geico for 10+ years, both drivers are 40+. The C6 is about the same to insure as my 05 Porsche, more power in the C6, more value in the Porsche
#5
RE: Insurance cost?
The state you live in and area will have a huge effect.. crime rates and accident rates. L.A. is more expensive than San Diego for instance.
In most states (not CA) your credit sets a pricing 'Tier' for you.. great credit can GREATLY reduce your rate. Hundreds a year.
The multicar rate you'll get with 2 cars on your policy (1 driver) can sometimes reduce your overall cost. Make your 1992 Honda Civic, liability only car, your 'commute car', 12k a year, 'I drive the vette on sunny Sundays 3k a year.' The vette has no rated driver and a multi car discount. It can really help depending on the insurance company.
Also, the best time to switch can be right after an accident or ticket falls off. Your company does not rerate you until renewal, if you have a 1 year policy and don't renew till next March, but your 2 ticks just fell off that you got racing in the summer of 2003, you should be calling me. You may spend half the money between now and March.
I quote people anywhere from $150 to $4k for 6 months every day. There are too many different things to guess at a price.
In most states (not CA) your credit sets a pricing 'Tier' for you.. great credit can GREATLY reduce your rate. Hundreds a year.
The multicar rate you'll get with 2 cars on your policy (1 driver) can sometimes reduce your overall cost. Make your 1992 Honda Civic, liability only car, your 'commute car', 12k a year, 'I drive the vette on sunny Sundays 3k a year.' The vette has no rated driver and a multi car discount. It can really help depending on the insurance company.
Also, the best time to switch can be right after an accident or ticket falls off. Your company does not rerate you until renewal, if you have a 1 year policy and don't renew till next March, but your 2 ticks just fell off that you got racing in the summer of 2003, you should be calling me. You may spend half the money between now and March.
I quote people anywhere from $150 to $4k for 6 months every day. There are too many different things to guess at a price.
#6
RE: Insurance cost?
My 02 vette is around $500 a year with State Farm. Its on the same policy with the Porsche, which costs about $650, mostly I think because it is newer and replacement value is much higher.
No tickets in last 15 years, no accidents, 50+ age. The Prosche
No tickets in last 15 years, no accidents, 50+ age. The Prosche
#7
RE: Insurance cost?
ORIGINAL: Lee Willis
My 02 vette is around $500 a year with State Farm. Its on the same policy with the Porsche, which costs about $650, mostly I think because it is newer and replacement value is much higher.
No tickets in last 15 years, no accidents, 50+ age. The Prosche
My 02 vette is around $500 a year with State Farm. Its on the same policy with the Porsche, which costs about $650, mostly I think because it is newer and replacement value is much higher.
No tickets in last 15 years, no accidents, 50+ age. The Prosche
#8
RE: Insurance cost?
>I guess car insurance is one of the things that suck about being young. I'm 24 and I pay a little under $1800 a year for the Vette and about $1100 a year for my RX300.
You are absolutely right.....Insurance companies hate young people!!!
When I was 25 I had a brand new Rover Sterling.......it cost $2,500 per year, back then, with a clean record, to insure!
Once you pass 30, insurance prices start to decrease (provided you keep a clean record).
I've always been a safe driver, and hated this system when young(er). It is so unfair to young people.......stats determine the young are the liability.....but, for those safe drivers who are young still seems very unfair.
Loyalty to a company without claiming should reduce your rate rapidly IMHO.......but, it doesn't seem that way.......to get a good rate, you have to age!!!
You are absolutely right.....Insurance companies hate young people!!!
When I was 25 I had a brand new Rover Sterling.......it cost $2,500 per year, back then, with a clean record, to insure!
Once you pass 30, insurance prices start to decrease (provided you keep a clean record).
I've always been a safe driver, and hated this system when young(er). It is so unfair to young people.......stats determine the young are the liability.....but, for those safe drivers who are young still seems very unfair.
Loyalty to a company without claiming should reduce your rate rapidly IMHO.......but, it doesn't seem that way.......to get a good rate, you have to age!!!
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07-08-2007 09:46 PM