So I upgraded my insurace to full coverage and was told its this high because its honda acura family comapred to toyota which is always lower. Any one else can confirm the rates if you have something similar. I have one speeding ticket 8 over limit couple years ago.

 

What company? I have Geico and I pay $900 every six months, full coverage. Im 21 and IIRC I still have one suspension and one 21-over on my record.

 

I pay $80 every month, but that's because I only had one speeding ticket, and I'm a slacker so I'm still on my parents insurance

 

Looking at your policy further the premium for the CL-S is only $558 and that's not high especially since you have one ticket. The total premium of $1460 is for all the cars on your policy but I can tell if you have 3 or 4 cars on their so that doesn't seem bad. What makes you think its high?

One thing to remember full coverage is a general term when speaking about auto insurance it can emcompass many different levels of coverage and deductibles. Also insurance will rates will vary state to state because some use your credit score as a factor while others don't and there are many other factors like miles driven, age, marital status etc.

 

Thats not a bad premium for $250 deductibles. Ive got $500 deductibles and no rental reimbursement.

 

x2

 

The coverage for just the Acura is in range. All the perks you got add on.
FYI older cars become more $ to insure.

 

$558? Whose leg do I have to hump to get a premium that LOW?

As many people mentioned, rates vary wildly according to region. To give you a point of reference, here in New Jersey (home of the highest car insurance and property taxes in the country), I'm paying $900+ for basically the same coverage as you.

 

Looks about right to me.

 

250 deductible ,+ 3000 extra for custom modifications and multi car discount and paid in full discount. Mine was 356.41 for 6 months for a 2001 clp. Progressive

 

If your comparing the premiums from your Toyota and your Acura you have to realize the Acura will cost more because its a luxury vehicle and the Toyota isn't. Luxury vehicles cost more and they cost more to repair.

 

ur deductible is at the lowest, change it to 500 and see how big of a difference it makes.

my insurance quote was pretty crazy, like 200+ a month for my CL. No tickets, clean record, one accident, but not at fault. And tahts the lowest i've found.

 

Sometimes the difference between a $250 deductible and a $500 deductible is very little, so it may not be totally worth dropping down to a $500 deductible.

OP, are you on your parents policy?

 

Oh another factor that sometimes (depending on the drivers on the policy) comes into play is which driver is rated on that particular vehicle. Drivers age, driving record, marital status, gender all factor in so if an older person is with a good record is rated on a vehicle the price will be lower than a younger person with a good record rated on that same vehicle.

 

Another

And also makes you wonder why the hell someone thats, say 25 and married gets a better over someone whos 25 and single. Im not sure if all insurance companies ask for this as well, but with Progressive, if you are a homeowner you get a discount. Apparently, if you own a home you're less likely to get into an accident

I don't get insurance companies.

 

Yes that's true the insurance company actuaries study different genders, agegroups, scenarios and likelyhoods.to come up with how they will categorize each particular risk. Married people on the whole are known to drive more responsiblly then single people on the whole. Single males in most agegroups cost more to insure than single females. I could go on and on.

 

Yea, I know. I just find it hilarious.

Ever drive next to a married women in her minivan with her kids in tow? Scary shit.

 

Grades are also a factor

 

Your zip code is a factor, too. If you live in an area with a fairly high crime rate, not just car thief, your rates will rise. Good side of town vs the bad side, urban vs suburban vs country.
And I was told being young and married makes you more responsible, less chance to be crazy and wreckless with your autos.

 

I WISH i could get a rate like that on my 1st gen CL, I was paying almost twice as much as you in NY

 

thanks for the input guys, I hav had liability for past 3-4 years and it was about 300 and recently my car was hit, since i am not able to afford I decided to upgrade the insurace and then claim couple months later, as suggested by my roommate who had done same on his bmw.
About insurace i am on par with richardparker it should be around 400 ish, the toyota above is a 05 camery XLE its fully loaded and full coverage is lot lower than CLs. I think with 250 deductibe the insurace is quiet high. I dont see why older car costs more to isnure than newer one. I do understand there are many factors involved. oh and 900 for six months change your insurer, for couple hundred more it will cover payments and insurace for newer car for 6 months

 

Thats the cheapest I can get with my driving record.

 

hmmmm... I'm actually not too sure about this.

My (Allstate) insurance agent (yeah, there's still some actual in-person agents out there, haha) told me that the way they arrive at the rate is a simple equation where they take the total value of the car (regardless of mileage) and subtract the dollar amount of damage that the IIHS crash tests cause. That's it. Essentially, he said a heavier, cheaper car will cost less to insure than a lighter, more expensive car.

So, if that's true, the only way that newer cars would cost less to insure is if they have better safety, or if parts are cheaper/more readily available.

This is actually interesting. Anyone have some insider info on how they rate cars?

 

There is also something called the vehicle index which refers to how common the car is or how available replacement parts are. The vehicle index on a Honda Accord will be lower than that of a Acura CL because replacement parts for an Accord are much easier to acquire than those of the CL.

I found this out when I replaced an Accord with a Prelude and was blown away at how much higher my premiums were.

 

My premiums in NY on my (at the time) 20 year old Civic was $500/6 months. It was only liability, but it was in NY, not a rural area like where Im living now.

 

I pay 380 every 6 months and I am 18...

I am on liabillity, and have not had any tickets yet.. (like 10 warnings though)

 

Yeah that's sounds like a Jersey thing.