How much do you pay for your insurance premiums
09-30-2009, 06:51 PM
#41
First of all, I have to say sorry if this is a re-post
I'm just curious how much you guys pay for your insurance for your TL.
If you dont mind sharing, please provide your age, insurance company, and your premium.
Because it is very hard to judge only on your premium without other factors.
Somehow I felt I am over-paying them
I'm just curious how much you guys pay for your insurance for your TL.
If you dont mind sharing, please provide your age, insurance company, and your premium.
Because it is very hard to judge only on your premium without other factors.
Somehow I felt I am over-paying them
PS: I am 38, USAA Insurance.
09-30-2009, 08:26 PM
#44
Keep Right Except to Pass
This thread is meaningless if your goal is to compare premiums because there are so many variables that factor into the premium, including age, sex, marital status, driving history, where you live, amount you drive*, purpose of driving*, whether you have other policies with the same carrier, amount of deductible, amount of policy limits, etc. The insurers probably say race doesn't factor in, but I'm sure it probably does in some manner (i.e. blacks pay more). Also bear in mind that different states have different insurance requirements in terms of minimum limits of liability and the like, so those will affect your premium as well.
*Amount you drive and purpose of driving: Many insurance carriers will want to know whether you drive the car to and from work, whether you drive it more than 100 miles a week, and whether you drive it over 7,500 miles a year. If the answer to any of these is "yes," it justifies a higher premium due to increased risk of loss. Lying about this is a very bad idea, as lying on the policy application gives the carrier the right to void the policy for misrepresentation of a material fact.
Anyway, I'm 36, white male, and single, I live in Northern Virginia, and I pay State Farm $97.64 a month total for two cars (breaks out to $64.81 a month for the TL and $32.82 for the RX-7). I get a multiple lines discount because my homeowner's coverage is also with State Farm, I get a multicar discount, I get a vehicle safety discount for the TL, and I get an accident-free discount for both cars <pauses to knock on wooden desk>. I have a $250 collision deductible and I have no deductible on my comprehensive coverage. So all that reduces the premium. On the other hand, I carry more than the statutory minimum limits of liability because they're absurdly low in Virginia. State law requires minimum limits of $25,000 for bodily injury/death of one person, $50,000 for bodily injury/death of two or more persons, and $20,000 property damage. Only a fool carries limits that low living in Northern Virginia. The number of expensive cars on the road, including Mercedes-Benzes that cost over $100,000, Lexuses and BMWs that cost $50,000 or more, etc., makes it idiotic to carry only $20,000 in PD limits, in particular. I carry $250,000/$500,000 BI and $100,000 PD, plus the same limits for the UIM coverage. (Think about it—if you're at fault in wrecking some guy's $80,000 Jaguar and you only have $20,000 of PD limits, guess what happens after your insurance pays out the $20,000? The aggrieved party goes after YOU.)
I know we have some people posting on this board who are young enough still to be in school. If you haven't investigated whether your carrier offers a good student discount, you should. (When I was in high school, my parents' rule was that if my grades weren't good enough to get the discount, I didn't get to drive. Talk about an incentive....)
*Amount you drive and purpose of driving: Many insurance carriers will want to know whether you drive the car to and from work, whether you drive it more than 100 miles a week, and whether you drive it over 7,500 miles a year. If the answer to any of these is "yes," it justifies a higher premium due to increased risk of loss. Lying about this is a very bad idea, as lying on the policy application gives the carrier the right to void the policy for misrepresentation of a material fact.
Anyway, I'm 36, white male, and single, I live in Northern Virginia, and I pay State Farm $97.64 a month total for two cars (breaks out to $64.81 a month for the TL and $32.82 for the RX-7). I get a multiple lines discount because my homeowner's coverage is also with State Farm, I get a multicar discount, I get a vehicle safety discount for the TL, and I get an accident-free discount for both cars <pauses to knock on wooden desk>. I have a $250 collision deductible and I have no deductible on my comprehensive coverage. So all that reduces the premium. On the other hand, I carry more than the statutory minimum limits of liability because they're absurdly low in Virginia. State law requires minimum limits of $25,000 for bodily injury/death of one person, $50,000 for bodily injury/death of two or more persons, and $20,000 property damage. Only a fool carries limits that low living in Northern Virginia. The number of expensive cars on the road, including Mercedes-Benzes that cost over $100,000, Lexuses and BMWs that cost $50,000 or more, etc., makes it idiotic to carry only $20,000 in PD limits, in particular. I carry $250,000/$500,000 BI and $100,000 PD, plus the same limits for the UIM coverage. (Think about it—if you're at fault in wrecking some guy's $80,000 Jaguar and you only have $20,000 of PD limits, guess what happens after your insurance pays out the $20,000? The aggrieved party goes after YOU.)
I know we have some people posting on this board who are young enough still to be in school. If you haven't investigated whether your carrier offers a good student discount, you should. (When I was in high school, my parents' rule was that if my grades weren't good enough to get the discount, I didn't get to drive. Talk about an incentive....)
Last edited by 1995hoo; 09-30-2009 at 08:31 PM.
09-30-2009, 10:02 PM
#46
24, east texas, no tickets, full coverage, $500 deductable= $100/mo GEICO
(the guy on the phone told me GEICO has real good rates since they're based in TX, but that could have been a load of shit)
(the guy on the phone told me GEICO has real good rates since they're based in TX, but that could have been a load of shit)
10-01-2009, 10:34 AM
#49
USDM -> JDM
Join Date: Nov 2005
Location: Bellevue, WA
Age: 35
Posts: 2,286
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My Repost:
20 yrs old
120/month; 700PAID in Full Every Six Months.
Full Coverage With $100 with Comprehensive Coverage instead of $500Insurance Company: Progressive
Driving Record: Clean. no accidents or tickets *knock on wood*
20 yrs old
120/month; 700PAID in Full Every Six Months.
Full Coverage With $100 with Comprehensive Coverage instead of $500Insurance Company: Progressive
Driving Record: Clean. no accidents or tickets *knock on wood*
10-06-2009, 03:41 PM
#59
Chapter Leader (NorCal)
31, San Jose/CA, 06 TL, allstate, 1500 a year. full coverage. $50k/$100k with $100 deductible on comp & collision. I pay annually so it's cheaper.
Last edited by meesheddie; 10-06-2009 at 03:45 PM.
10-07-2009, 09:12 AM
#60
Keep Right Except to Pass
I'm curious and amused by how many people say "full coverage." That's a fairly meaningless phrase in a forum such as this one (with posters from all over the US and Canada) because every state and province has its own requirements for what insurance is required.
10-07-2009, 12:27 PM
#61
Nikon Neck Beard Krew
iTrader: (5)
Join Date: Mar 2007
Location: Clack-Attack, OR.
Age: 38
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23/No Kids/Not Married/Not a Home Owner/No Tickets
was paying 175/month with USAA
now paying 120/month with Travelers (AAA)
Will go down once good student discount kicks in.
was paying 175/month with USAA
now paying 120/month with Travelers (AAA)
Will go down once good student discount kicks in.
10-07-2009, 11:52 PM
#70
.... .... .... ... ....
10-09-2009, 08:05 AM
#73
Senior Moderator
52, married, several speeding tickets (over the years) and one recent accident - $114 a month.
Travelers, $250 deductable, multi-line discounts (house/car), full coverage, Florida.
- $114 a month.Travelers, $250 deductable, multi-line discounts (house/car), full coverage, Florida.
10-21-2009, 09:16 PM
#75
Make it so
23
2004 TL
$103/month (I just pay my six-month premium instead of doing it monthly)
GEICO
Full coverage
No tickets, no accidents
Not to mention a $97 discount for having over a 3.0
2004 TL
$103/month (I just pay my six-month premium instead of doing it monthly)
GEICO
Full coverage
No tickets, no accidents
Not to mention a $97 discount for having over a 3.0
10-21-2009, 10:43 PM
#76
Costco/Ameriprise
39 years old
$339.50/6 months (used to be around $320... bastids raised the price on me...
)
39 years old
$339.50/6 months (used to be around $320... bastids raised the price on me...
)
10-22-2009, 03:28 PM
#80
SHAWD 04TL is in
hurry up and build ur posts so u could PM me we havin a PHOTOSHOOT IN FRESNO this weekend.