Pretty shocked at Z06 insurance quote I got
#21
Burning Brakes
So I am going to be adding a Z06 to the stable, and I was pretty shocked at 2 quotes I received. I am in NJ.
$1937 - State Farm for the year
$2750 - Geico.
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......
$1937 - State Farm for the year
$2750 - Geico.
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......
28 and single here. C7Z, C6Z, and 08 Duramax. About $2400/yr for all 3.
#22
Burning Brakes
z06 ins comparison
I was with Geico for 3 years. Have a mercedes, Nissan Maxima and Z06. Was paying $3400. No tickets, or points or accidents.
Then just got a quote from Safeco (Liberty Mutual). I just Switched to them for $2500 all 3 cars. Saved $900.00
Charlie
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......[/QUOTE]
Then just got a quote from Safeco (Liberty Mutual). I just Switched to them for $2500 all 3 cars. Saved $900.00
Charlie
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......[/QUOTE]
#24
Le Mans Master
Thread Starter
Member Since: Sep 2004
Location: North/Central NJ - a.k.a. Gotti in the CFNE section
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St. Jude Donor '05
That was 1937 for just the z06, that wasnt the c43.
My property taxes are also 18K a year.... so I don;t even want to know what yours are. Between both taxes I could have a ferrari, mclaren and a z06........
#25
Burning Brakes
Jeez. That's crazy. Hopefully I don't move to a state with crazy rates like that. I'm in the military, so I don't pay the use tax on my vehicles.
#26
Le Mans Master
Thread Starter
Member Since: Sep 2004
Location: North/Central NJ - a.k.a. Gotti in the CFNE section
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St. Jude Donor '05
It stinks for sure. Getting out of here in less than 8 years now and moving to Florida, and will rent my properties up here and come up in the summer for some weeks. Screw the pricing up here.
#27
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
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St. Jude Donor '15-'16,'18
If you qualify check USAA.
#28
Burning Brakes
USAA is also who I use by the way. They aren't typically the BEST at pricing, but they have really good customer service and you can put vehicles on storage insurance which is nice if you're going out of town for more than 2 weeks.
#29
Le Mans Master
Thread Starter
Member Since: Sep 2004
Location: North/Central NJ - a.k.a. Gotti in the CFNE section
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St. Jude Donor '05
I was with Geico for 3 years. Have a mercedes, Nissan Maxima and Z06. Was paying $3400. No tickets, or points or accidents.
Then just got a quote from Safeco (Liberty Mutual). I just Switched to them for $2500 all 3 cars. Saved $900.00
Charlie
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......
Then just got a quote from Safeco (Liberty Mutual). I just Switched to them for $2500 all 3 cars. Saved $900.00
Charlie
I currently have State Farm now and I have a new Mercedes AMG C43 as my daily driver (6 cylinder TT and awd). I pay $1188 a year for that. I didn't think the Z06 would be that much higher.
No points, accidents, or claims. I am the only driver on policy.
Any other folks have similar experience, either in NJ or another high cost state like NY, California, CT, etc.
I had an 08 LS3 Corvette from 2010-2013 and paid $987 a year on that.......
$1702 with liberty mutual.
#30
Racer
If you qualify (old folks) check with AARP. They go through Hartford. I got mine with low mileage for $493 a year, yes a year! Keep in mind that I also have other vehicles and my homeowners with them too. It's worth checking out.
#31
Race Director
#32
Melting Slicks
Just switched from a 2012 CTS-V coupe to a 2016 Z06 Callaway and mine went down $200 a year. I do pay $190 a month for 3 cars / 3 drivers though. StateFarm.
Last edited by cvp33; 01-04-2017 at 10:22 PM.
#33
Le Mans Master
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St. Jude Donor '15-'16,'18
#34
Burning Brakes
I'm in PA but used to high rates being a former resident of NJ.
I checked NCM, they want $500 more than State farm for the following limits:
Bodily Injury Liability: $250,000/$500,000
Uninsured Motorists: $100,000/$300,000
Under-insured Motorists: $100,000/$300,000
Collision Ded $500
Comp Ded $0
These are the biggest factors as far as cost, SF does give multi car discounts and multi policy discounts for life and personal umbrella policy.
I pay $1,800 a year for the Z06
EDIT:
Just checked Amica, also higher.
I checked NCM, they want $500 more than State farm for the following limits:
Bodily Injury Liability: $250,000/$500,000
Uninsured Motorists: $100,000/$300,000
Under-insured Motorists: $100,000/$300,000
Collision Ded $500
Comp Ded $0
These are the biggest factors as far as cost, SF does give multi car discounts and multi policy discounts for life and personal umbrella policy.
I pay $1,800 a year for the Z06
EDIT:
Just checked Amica, also higher.
Last edited by ZenicaPA; 01-04-2017 at 11:10 PM. Reason: Add comment
#35
Team Owner
Member Since: Jun 2005
Location: Northern, VA
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St. Jude Donor '15
"In honor of jpee"
"For those looking at the OP's rates, realize insurance in NJ is much more than many other places in the country. Mine went down significantly when I left and move to a still very high-cost area of the country." z28lt1
Having lived in both places, NJ and N.VA, I can agree that OP's costs may be much higher than most parts of country. Proof? His '08 cost is about double what mine is, and has been in N.VA.
Having lived in both places, NJ and N.VA, I can agree that OP's costs may be much higher than most parts of country. Proof? His '08 cost is about double what mine is, and has been in N.VA.
#36
Burning Brakes
#37
Instructor
#38
Race Director
Check out AMICA!!!! Six years ago when I bought my ZR1, Allstate went ballistic with the annual premium on it even after being a 40+ year customer. Switched to AMICA and saw the ZR1 premium go down by >2/3's!! Saved gobs on the other cars, homeowners and umbrella policies as well compared to Allstate.
#39
Race Director
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Location: Phila Suburbs 2023 C8 & 2013 650ix
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I'm in the suburbs of Phila and my insurance agent found the lowest cost insurance for me was with "Travelers". I dropped GEICO that I had for over 40 years and my cost dropped by 2/3rds and I got more coverage. It costs nothing to get a quote.
#40
Burning Brakes
Member Since: Jun 2003
Location: Blountville Tn.
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2022 C7 of the Year Finalist - Unmodified
2015 C3 of Year Finalist
Join a corvette club and tell them it used for events and shows etc.
I realize I'm not in NJ (thankfully) but I would definitely think collector car insurance would be an option there also to check into.
Last edited by bosco1; 01-05-2017 at 10:24 AM.