Insurance question again
03-16-2018, 01:48 PM
#1
Burning Brakes
Thread Starter
Insurance question again
Been with Geico for years and naturally it keeps rising every 6 months and wondered if I could do better, considering that they make me take a defensive online test every 2 years($23.00 to do this) and get about $50.00 off but its a pain in the you no what.
Great driving record and have every imaginable deduction going. So just wondered if I should just cough up or have a go elsewhere?
2005 vette 6 months premium 1000 ded. $288.30
2013 SL550 same as above....................$514.90
Comments appreciated.
Great driving record and have every imaginable deduction going. So just wondered if I should just cough up or have a go elsewhere?
2005 vette 6 months premium 1000 ded. $288.30
2013 SL550 same as above....................$514.90
Comments appreciated.
03-16-2018, 01:53 PM
#2
Race Director
Member Since: May 2006
Location: SOFLA
Posts: 12,973
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2016 Corvette of Year
2015 C6 of Year Finalist
I have the Vette through corvette museum, $500 year. Geico for my Jeep at $1800 a year, but cant seem to find it cheaper anywhere else... ugh...
I'm 51 good driving record, good credit. Weird why its so much, maybe since my 22 year old stepson lives with us and my 17 year old daughter got her learners permit year and half ago.
I'm 51 good driving record, good credit. Weird why its so much, maybe since my 22 year old stepson lives with us and my 17 year old daughter got her learners permit year and half ago.
03-16-2018, 02:00 PM
#3
Race Director
I've had Geico for 12 years and it's never gone up at all. $1032/yr for both my 05 C6 and wife's 06 Volvo. Full coverage $100 deductible for both. I have my Vette set for Pleasure/Leisure low mileage use and got a huge deduction for that. We're both 57yo with clean driving records.
03-16-2018, 02:01 PM
#4
geico did that to me in the past with rate increases, i've had allstate when i bought the vette. they wanted 600 alone for that. i switched back to geico. 3 cars including vette 1200 a year. 500 a year through hagerty for my camaro
03-16-2018, 02:12 PM
#5
Le Mans Master
Erie insurance,
89 Corvette $255.00 a year, $500.00 deductible
2005 Corvette $318.00 a year, $500.00 deductible
full coverage with $15,000 agreed value on 89 Corvette..
I pay right around $1,200 a year for 4 cars full coverage, including 2010 Ford F150 and 2010 Honda Accord .WW
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.
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89 Corvette $255.00 a year, $500.00 deductible
2005 Corvette $318.00 a year, $500.00 deductible
full coverage with $15,000 agreed value on 89 Corvette..
I pay right around $1,200 a year for 4 cars full coverage, including 2010 Ford F150 and 2010 Honda Accord .WW
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.
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Last edited by WW7; 03-16-2018 at 02:26 PM.
The following users liked this post:
Landru (03-17-2018)
03-16-2018, 04:48 PM
#7
cesssna10
Been with Geico for years and naturally it keeps rising every 6 months and wondered if I could do better, considering that they make me take a defensive online test every 2 years($23.00 to do this) and get about $50.00 off but its a pain in the you no what.
Great driving record and have every imaginable deduction going. So just wondered if I should just cough up or have a go elsewhere?
2005 vette 6 months premium 1000 ded. $288.30
2013 SL550 same as above....................$514.90
Comments appreciated.
Great driving record and have every imaginable deduction going. So just wondered if I should just cough up or have a go elsewhere?
2005 vette 6 months premium 1000 ded. $288.30
2013 SL550 same as above....................$514.90
Comments appreciated.
03-17-2018, 07:54 AM
#9
Drifting
You have a problem paying $576 a year for your Corvette with full coverage? I think that's very reasonable...unless I'm not understanding something. And the 550, I'm guessing it's a $40-$50K car, a little over $1K a year? Looks fair to me...
Last edited by RobLo; 03-17-2018 at 07:55 AM.
03-17-2018, 08:51 AM
#10
So just wondered if I should just cough up or have a go elsewhere?
Call an independent insurance agent with multiple companies to pick from and ask them this question.....no one here can answer your question.
03-17-2018, 11:06 AM
#12
Team Owner
Member Since: Mar 2004
Location: Oklahoma City OK
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C6 of Year Finalist (appearance mods) 2019
Call a State Farm agent. Around here they're cheaper than most.
03-17-2018, 04:21 PM
#13
Race Director
Member Since: Nov 2017
Location: Prosper TX/Austin TX
Posts: 10,874
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2020 C6 of the Year Winner - Modified
Geico keeps bumping mine up every 6 months as well. Mine renews next month & I see they just bumped it up another $120/year. For a 2016 Mitsubishi Outlander SEL, 2016 Jeep Wrangler Unlimited Back Country & my 2012 Grand Sport we pay $2500/ yr. 
Granted my wife did total her previous 2016 Wrangler Unlimited in March 2016 & they increased our rates 2 months ago because she got rearended at a red light by a woman who was texting & didn’t stop. Their explanation was any accident is part of your driving record regardless of fault - which is BS in my opinion.
Granted my wife did total her previous 2016 Wrangler Unlimited in March 2016 & they increased our rates 2 months ago because she got rearended at a red light by a woman who was texting & didn’t stop. Their explanation was any accident is part of your driving record regardless of fault - which is BS in my opinion.
Last edited by JABCAT; 03-17-2018 at 04:22 PM.
03-18-2018, 12:43 PM
#14
Pro
Try The Hartford thru AARP. They have my insurance. Good price and they really stepped up to the plate when my car was totaled a few years ago. Gave me more that I expected to get back on it.
03-19-2018, 01:29 PM
#15
Race Director
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Location: Prosper TX/Austin TX
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2020 C6 of the Year Winner - Modified
I just ran a quote through the National Corvette Museum Insurance for my '12 GS and was quoted $818/year for $0 deductible and unlimited miles and agreed upon value of $40,000 - that's less than 1/2 of what Geico was charging with a $500 deductible - same coverages.
03-19-2018, 03:59 PM
#16
Racer
I'm an insurance agent here in Pa with AAA. I only pay just under $1,200 a year for full coverage on my 07 Corvette convert, 12 Jeep Grand Cherokee and 00 Porsche Boxster. AAA, Donegal have great rates now.
03-19-2018, 04:15 PM
#17
Drifting
I have Country Financial on the vette and two other daily drivers. They all three have gone up about $100/6 months the last 2 years. When it first went up I called the agent and he said it was due to cell phone distracted driving and was across the board for all insurance companies. Mine is in the ballpark of yours. 
03-19-2018, 04:16 PM
#18
Intermediate
I've got mine through Safeco but most of our carriers will take a Vette if you're over 25 with a clean driving record. I pay just under 500 a year for just the Vette.
03-19-2018, 04:22 PM
#19
Race Director
Member Since: Mar 2010
Location: T-Town WA
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2016 C6 of Year Finalist
Lemme see if I can 'splain myself...
There are these eelectronic devices that can connect to some majical thing Al Gore invented called the interweb. From there you can do something called a search and all them big ol' 'surance companies come a beggin for your bidness. Fill out some info and walla walla, you gotcherself a quote.
There are these eelectronic devices that can connect to some majical thing Al Gore invented called the interweb. From there you can do something called a search and all them big ol' 'surance companies come a beggin for your bidness. Fill out some info and walla walla, you gotcherself a quote.
03-19-2018, 04:37 PM
#20
Team Owner
Lots of different factors determine your rate. Shop around or call an Independent Agent.