C8 Insurance
Drifting
Joined: Jul 2005
Posts: 1,484
Likes: 27
From: Torrance Calif
Your street insurance will NOT cover track damage. Insurance companies are very specific about this now. I get track insurance for my Z51. Its declared value with a $5K deductable for one weekend (2-3 days). I declare KBB on the car (about $40K), and premium runs about $400/ event, but much cheaper than a divorce.
A "rider" is an addition to the insurance and it costs.
Last edited by heavymetals; Feb 20, 2019 at 09:19 PM.
Melting Slicks
Joined: Jun 2013
Posts: 2,598
Likes: 1,593
Melting Slicks
Joined: Feb 2005
Posts: 2,179
Likes: 97
From: Palm Coast, FL
I don't think I noticed the Location factor when trying to figure out Insurance costs for any car (for that matter). Late last year I sold my C7 Stingray convertible and banked the money in the back until the C8. I am insured with Geico and I called them last week as to how much my insurance would change when I moved from the Tampa, FL on the west coast to the east coast of Florida in between St. Augustine and Daytona for my 2016 Cadillac ATS-V Coupe and my 2016 Kia Cadenza (daily driver) and not changing any coverage at all. My driving record remains the same. I was told it would effectively decrease by $260 for every 6 months saving $520+ in a years' premium!
Food for thought.....
Food for thought.....
Melting Slicks
Joined: Jun 2013
Posts: 2,598
Likes: 1,593
I don't think I noticed the Location factor when trying to figure out Insurance costs for any car (for that matter). Late last year I sold my C7 Stingray convertible and banked the money in the back until the C8. I am insured with Geico and I called them last week as to how much my insurance would change when I moved from the Tampa, FL on the west coast to the east coast of Florida in between St. Augustine and Daytona for my 2016 Cadillac ATS-V Coupe and my 2016 Kia Cadenza (daily driver) and not changing any coverage at all. My driving record remains the same. I was told it would effectively decrease by $260 for every 6 months saving $520+ in a years' premium!
Food for thought.....
Food for thought.....
The issue is things like car theft, insurance fraud, off-street parking, traffic congestion, average commute to work, etc. All these things increase risk loss, and are likely to be higher in certain areas, especially dense urban areas. Many insurers simply do not want to operate in certain markets, so if you move, you'll have to shop around.
Recently, we moved to Southern Delaware... again, we had to redo all our insurance... our current insurer of 35 years (Home/Auto/liability) doesn't write in DE. State Farm would not write homeowners, but would do Auto...etc, etc...
