Insurance Premiums

Bobn57

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My insurance don't see it that way, They think someone else will be driving them.
We have 5 vehicles, 2 drivers. They argue that because they are legal tagged and insured that someone could go drive them while we are driving 2 out of the 5.
Even with the yearly mileage statements with odom reading photo's.
5 cars just under 4000.00 So it isn't all bad, but still.
The 6th and 7th vehicles are under collector insurance and that is a whole other ball of wax.
my total for 4 cars....$3855/year. 2006 Explorer, 2011 Jetta, 2020 Explorer, 21 GT/CS
all with $750 deductible.....my insurer shows me as primary for the 2020 explorer and GT/CS. My wife is primary for the other two. kids are out of the house so that helps as well. Will look into Haggerty for the 68 when that's on the road.
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Cory S

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There's a lot more to the cost of insurance than you guys are stating. There's a huge difference between $50k per person/$150k per accident coverage and $100k per person/$300k per accident coverage. What is your property damage coverage? Do you carry uninsured motorist insurance and at what level? What are your deductibles for collision and comprehensive? All these things matter a lot. Merely saying you pay $1200 a year tells nothing about what you are paying for. Just my $.02.
Credit score is as factor up to about 50% of yearly premiums as well. Most people don't know this.
 

Blwnsmoke

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$545 a year for my gt350. No accidents or tickets. 41 yrs old. 250k/500k coverage, $250 collision deductible, $0 comp deductible.

I take my collision off during the winter months so it's actually cheaper then that but that's my 12 month policy cost with coverage on for a full year.
 

Cory S

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My 2016 GT yearly premium with Geico is $537.00. In NH. 10 year member with Geico.

Age: 47
FICO Credit score AVG: 794
$500 deductibles.
Clean 10 year history
100/300K
 

mindo389

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Mine is $1,300 in Louisiana, age 63. I wonder if the states with lower insurance costs has tort reform. Louisiana does not.
 

ICU812

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Credit score is as factor up to about 50% of yearly premiums as well. Most people don't know this.
That is just evil. A guy or gal that gets sent through the ringer when a marriage ends, and their credit takes a huge hit, doesn't change if they are a good safe driver or not.
 

ICU812

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$545 a year for my gt350. No accidents or tickets. 41 yrs old. 250k/500k coverage, $250 collision deductible, $0 comp deductible.

I take my collision off during the winter months so it's actually cheaper then that but that's my 12 month policy cost with coverage on for a full year.
That has to be collector car insurance, and not run of the mill auto insurance.
Collector/classic car insurance is a whole different animal.
 

FruityJudy

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$24k a year. Wait thats on my commercial policy. $+/-1200/year on the stang. 29 y.o.
 

Cory S

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That is just evil. A guy or gal that gets sent through the ringer when a marriage ends, and their credit takes a huge hit, doesn't change if they are a good safe driver or not.
Exactly.
 

Joe B.

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Four cars, two drivers, wife and I. '13 XTS, '15 Impala, '17 Mustang V6, '91 Caprice. Full coverage (no collision on Caprice) w/ $500 deductible, Travelers ins., $2000 annual. Wife had a $5k crash this year, her fault. We'll see what happens to the premium.
 

Blwnsmoke

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That has to be collector car insurance, and not run of the mill auto insurance.
Collector/classic car insurance is a whole different animal.
Nope, standard insurance through State farm. Works out to about $46 a month.

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Crowd Hunter

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That is just evil. A guy or gal that gets sent through the ringer when a marriage ends, and their credit takes a huge hit, doesn't change if they are a good safe driver or not.
You think that's bad? My son is a doctor, and doctors get super-low rates. The people who can afford to pay the most get the cheapest rates.
 

REVTMOLO

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anyone use Hagerty's? Not just for older models....they do insure newer cars that meet their criteria.

https://www.hagerty.com/
I don' t know much about these guys... but they kind of shafted a buddy of mine. His car got banged up pretty good in an accident and when he called to file a claim they told him he hadn't paid on his insurance. He checked back and something had happened where they tried billing him on a card they had on file that he hadn't used in a really long time. Trouble is they never notified him of the lapse. No call, no notice in the mail... As far as he knew all was right as rain.

Staying on topic:

1633656284507.png


Soooo... $489/yr.

I'm 52, married, homeowner, been with USAA for the last 17 years and have a spotless driving record.

PS: My wifes 16 Edge Sport costs more to insure than my Mustang!
 

Donny53

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I don' t know much about these guys... but they kind of shafted a buddy of mine. His car got banged up pretty good in an accident and when he called to file a claim they told him he hadn't paid on his insurance. He checked back and something had happened where they tried billing him on a card they had on file that he hadn't used in a really long time. Trouble is they never notified him of the lapse. No call, no notice in the mail... As far as he knew all was right as rain.

Staying on topic:

1633656284507.png


Soooo... $489/yr.

I'm 52, married, homeowner, been with USAA for the last 17 years and have a spotless driving record.

PS: My wifes 16 Edge Sport costs more to insure than my Mustang!
2021 GT in South Carolina...250/500 limits, $1,000 deductible, all coverage (uninsured, underinsured, etc.) that is available.
67 year old driver...$822 for the year with Auto-Owners.
 
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