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Old 05-16-2019, 03:16 PM
  #81  
Tool Hoarder
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Just checked again...

Bodily Injury
  • $250,000 each person
  • $500,000 each occurrence

Automobile Liability Insurance:Property Damage
  • $100,000 each occurrence

The premium on my 2014 C7 is $420.75 every 6 months so it's $70 a month... I guess my $60 was from when I had C5s.
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Old 05-16-2019, 03:17 PM
  #82  
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Originally Posted by Tool Hoarder View Post
Two other vehicles since getting married in 2012, before that I had a truck as a 2nd vehicle most of the time. These were all C5s and now a C7. I've never had state minimums... always full coverage with 100/300/100 limits.


Credit score is a huge factor in insurance underwriting. I used to be in the business. It's the highest correlated variable to likelihood of a loss. In other words, people with high credit scores are more responsible and end up being better drivers and don't get in accidents and thereby don't file claims.
Who said it wasn't??

People with high credit scores are "I love debt" scores, as well. If you didn't have debt, your credit score would go to zero, or N/A. I'm in the business too.

Since you're bundling $60.00 a month with numerous other factors, it's not a stand alone policy. That was my point. Nobody walks in and gets $60.00 a month, full coverage on a single new Corvette. ...esp. not when they insure it as a DD.

Last edited by Skid Row Joe; 05-16-2019 at 03:38 PM.
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Old 05-16-2019, 03:29 PM
  #83  
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Garrett,
I insure my 06 Mercedes Benz CDI, on the same Nationwide Policy as my new 2017. I have not been given a final discount as per the ODO, 85 day testing period on both cars. I'm at list pricing. I'll have a breakdown after completing the survey time.
My Class C RV is with Nationwide PowerSport. Dirt cheap. $313.00/yr. Full coverage. Last I checked my credit score 803. I don't borrow money. Don't owe any. Home paid for years ago. I suppose I should borrow on a few things as most here seem to do. Lower rates for loving debt? I'm out, on that one. LOL!
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Old 05-16-2019, 03:34 PM
  #84  
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Originally Posted by Skid Row Joe View Post
Who said it wasn't??

Since you're bundling $60.00 a month with numerous other factors, it's not a stand alone policy. That was my point. Nobody walks in and gets $60.00 a month, full coverage on a single new Corvette. ...esp. not when they insure it as a DD.
My C5 Z06 was my only car at 21... I paid $72 or $78 a month.... I can't recall. I bought a truck a year later and bundled them and bought a house a year after that and bundled it all. Not sure what else to tell you.

Now I have a separate howowners policy I pay in full each year to get a decent named storm deductible as the large folks only do 5% in my area (no thanks). I still have my cars with one of the large carriers.
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Old 05-16-2019, 03:42 PM
  #85  
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Originally Posted by Tool Hoarder View Post
My C5 Z06 was my only car at 21... I paid $72 or $78 a month.... I can't recall. I bought a truck a year later and bundled them and bought a house a year after that and bundled it all. Not sure what else to tell you.

Now I have a separate howowners policy I pay in full each year to get a decent named storm deductible as the large folks only do 5% in my area (no thanks). I still have my cars with one of the large carriers.
Unlike others with paid for homes, I elected 15 years ago to skip insuring mine. It's a terrible wager to pay for something that you will virtually never need in the ownership time span. Especially when net worth is calculated into the equation. As I stated; I'm in the business too, with Berkshire-Hathaway. The point that being I cannot bundle with my home, since I don't insure it.....

Last edited by Skid Row Joe; 05-16-2019 at 05:09 PM.
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Old 05-16-2019, 04:19 PM
  #86  
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Originally Posted by Skid Row Joe View Post
Who said it wasn't??

People with high credit scores are "I love debt" scores, as well. If you didn't have debt, your credit score would go to zero, or N/A. I'm in the business too.
And your insurance rates would suffer.

Having poor credit in Michigan is far more costly than a DUI when it comes time to write a check for auto insurance.
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Old 05-16-2019, 05:13 PM
  #87  
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Originally Posted by jefnvk View Post
And your insurance rates would suffer.

Having poor credit in Michigan is far more costly than a DUI when it comes time to write a check for auto insurance.
High credit scores because of high indebtedness? You can keep it.

I don't drink and drive, nor take drugs, so, I'm out on that one too.
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Old 05-16-2019, 05:36 PM
  #88  
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Originally Posted by Tool Hoarder View Post
Just checked again...

Bodily Injury
  • $250,000 each person
  • $500,000 each occurrence

Automobile Liability Insurance:Property Damage
  • $100,000 each occurrence

The premium on my 2014 C7 is $420.75 every 6 months so it's $70 a month... I guess my $60 was from when I had C5s.
Makes sense....I have a Z06 and it's 2 years newer and I live in MN where we all know we get screwed and you live in VA and a 2014 non Z....where traffic is awesome and less accidents I have about the same insurance, might be a little better on the umbrella or something and I pay $100 a month.

Last edited by Garret; 05-16-2019 at 05:37 PM.
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Old 05-16-2019, 06:41 PM
  #89  
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Originally Posted by Skid Row Joe View Post
High credit scores because of high indebtedness? You can keep it.

I don't drink and drive, nor take drugs, so, I'm out on that one too.
You don't seem to understand it doesn't matter what you personally think of credit scores, they are utilized regardless. I'm glad you apparently live in a state that doesn't use such metrics. Unfortunately, many do, which can easily double or triple your premiums.

Last edited by jefnvk; 05-16-2019 at 06:47 PM.
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Old 05-16-2019, 06:50 PM
  #90  
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Part of the appeal of the Corvette is its relatively limited production numbers. If they are a dime a dozen then no good! It's a car to dream about and aspire to own one day and not car to be afforded by most. I see many more Porsche 911's than Corvette's where I live in and I like it that way.
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Old 05-16-2019, 09:12 PM
  #91  
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Originally Posted by DaveFerrari458 View Post
Part of the appeal of the Corvette is its relatively limited production numbers. If they are a dime a dozen then no good! It's a car to dream about and aspire to own one day and not car to be afforded by most. I see many more Porsche 911's than Corvette's where I live in and I like it that way.
I don't think we can call the C7 a limited production vehicle.

I think in 6 year GM has sold 150k or more C7 so hardly a limited production car.

I also say it the least limited 2 seat sports car sold anywhere in the world and surly nothing comes close in North America to Corvette annual production and sales.

It's a sports car for the masses always has been and always will be.

It soinds like you have a 458.

I do also that is limited production from 09 to 2015 total world wide sale were less than 10k units.

I love my 2016 Callaway SC 757 but the C7 Z07 is far from limited production.

One of the many reason I choose to purchase a Callaway was it's limited production and remains the most powerful C7 ever built C7 with factory warranty.

Plus I not all that crazy with the C7 ZR1 front facia.

Looks boy racer to me.
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Old 05-16-2019, 10:10 PM
  #92  
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Originally Posted by Skid Row Joe View Post
Unlike others with paid for homes, I elected 15 years ago to skip insuring mine. It's a terrible wager to pay for something that you will virtually never need in the ownership time span.
And fhen we hear on the news about people who’s house is destroyed in a natural disaster and they expect the government to come bail their *** out.

Sure there are areas where it is a low risk, but those areas have been hit as well.
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Old 05-16-2019, 10:28 PM
  #93  
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I have to ask if you don't think this would be a win for GM if that was to happen? It also would be a win for the consumers. Are you trying to say that you would rather it be a car that few can acquire? I think some on this forum own their own businesses. Ask them how they would feel if they could get services into as many homes as possible. I somehow have a feeling that GM would love to produce a product that would become a common sight.



Originally Posted by tcweidner View Post
what if GM knocks it out of the park and gives us a beautiful c8 at a great price....and we start seeing them everywhere. What if they become a common sight? sure it may still be a great track car underneath, but unless you are at a track that doent matter at all. 10 to 12 year payment loans exist for cars such as these, so every tom, dick, and harry could "afford it" if they really wanted to. I just thought it a curious topic for discussion.

Last edited by m3incorp; 05-16-2019 at 10:36 PM.
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Old 05-16-2019, 10:52 PM
  #94  
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Interesting, how insurance cost got pulled into this discussion. We all know that we can't really base other's insurance rates on what "we" pay.
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Old 05-18-2019, 05:48 PM
  #95  
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Originally Posted by Skid Row Joe View Post
Unlike others with paid for homes, I elected 15 years ago to skip insuring mine. It's a terrible wager to pay for something that you will virtually never need in the ownership time span. Especially when net worth is calculated into the equation. As I stated; I'm in the business too, with Berkshire-Hathaway. The point that being I cannot bundle with my home, since I don't insure it.....
Unless you have an amazing risk tolerance, insuring your home is wise unless you expect others to bail you out in the unlikely event of a disaster. Now, given that location, foundation and common utility infrastructure are a large part of many home values, I would agree that insuring for significantly less than market value is smart use of your money and socially responsible. I had quite a discussion with my carrier before they agreed — but ultimately, as long as I insured at least what I owed on the place there was no problem...
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Old 05-18-2019, 10:26 PM
  #96  
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Originally Posted by DaveFerrari458 View Post
Part of the appeal of the Corvette is its relatively limited production numbers. If they are a dime a dozen then no good! It's a car to dream about and aspire to own one day and not car to be afforded by most. I see many more Porsche 911's than Corvette's where I live in and I like it that way.
In canada also. I never loved the look of the Porsche except the wide body versions but those are very rare here. I appreciate them for what they are though and I'm sure they are great cars.

Last edited by Stingcan; 05-18-2019 at 10:27 PM.
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Old 05-18-2019, 10:40 PM
  #97  
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Originally Posted by jefnvk View Post
And your insurance rates would suffer.

Having poor credit in Michigan is far more costly than a DUI when it comes time to write a check for auto insurance.
Having no credit score isn't the same as a poor score. I haven't had any kind of debt instruments for years, and my insurance rate with State Farm *did* go up, for whatever reason (they didn't specify). However, it worked out well for me anyway since I shopped around and got better coverage for less money. My broker says that some underwriters don't recognize not having a credit score, while several others have no problem with it. So, shop around!

Have a good one,
Mike
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Old 05-23-2019, 12:51 PM
  #98  
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If I like it more than the c7, I will get one. The number of them GM sells or the abundance of them on the road is not why I bought this car.
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