Insurance rates we pay

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Old Feb 20, 2009 | 11:23 AM
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Insurance rates we pay

I was on a Camaro forum earlier and saw a post from a member stating that he was 19 and pays $70 a month for insurance on a Corvette. That seems like a great rate for a teenager with that kind of car. I was wondering what kind of rates everyone is getting on their cars.

I'm 22 and currently pay $50 a month on a '95 Accord LX with State Farm.
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Old Feb 20, 2009 | 12:22 PM
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$70 on a vette? fking

A teenager with a vette is more like $200
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Old Feb 20, 2009 | 12:28 PM
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I pay $79 a month with USAA for 3 cars.
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Old Feb 20, 2009 | 12:48 PM
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Originally Posted by mikeschicagoRL
I was on a Camaro forum earlier and saw a post from a member stating that he was 19 and pays $70 a month for insurance on a Corvette. That seems like a great rate for a teenager with that kind of car. I was wondering what kind of rates everyone is getting on their cars.
Is the insurance policy in his name? My guess is that his parents are insuring the vette and he is covered because he lives in the household.
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Old Feb 20, 2009 | 12:59 PM
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Jeez. I pay 150 per month for my TL. I am located in NYC, where we have the highest rates in the country.
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Old Feb 20, 2009 | 02:03 PM
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$16x.xx every month.

08 Element
06 Si

Two drivers, the wife and I, I'm 27, she is 25.
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Old Feb 20, 2009 | 02:55 PM
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^^ $280.xx monthly with safe auto!! 97 tl 2.5 -- will become around $90 month with state farm full coverage when my accidents drop this summer!
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Old Feb 20, 2009 | 03:32 PM
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140 a month for 2 expeditions, 1 acura and my 4 wheeler full coverage (about the max you can get) on all.
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Old Feb 20, 2009 | 04:03 PM
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My insurance is with Allstate under my name and just my 1 car and I was paying $143/month but since I turned 25 it dropped to $118/month. And that is with pretty much every "discount" they have to offer.
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Old Feb 20, 2009 | 04:41 PM
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I pay $800/6 months and am not happy about it. I've never had a moving violation and haven't been in an accident since 2001, I thought it was suppose to get lower after 25 I guess that was a load of horseshit.
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Old Feb 20, 2009 | 06:26 PM
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i pay 144.xx a month for a '97 cl, but where i am there is only one public auto insurance company
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Old Feb 20, 2009 | 06:48 PM
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Insurance for a Camaro is usually higher than for a Corvette. Reason being is that a lot of Corvette drivers are older, more mature men whereas Camaro drivers.....

Farmers, on my parents plan I pay $500/6 months, that's with no tickets.. I guess that works out to about $80 or so a month. That was with my car listed as a "pleasure" vehicle but I started driving it daily, and I guess when I had my ticket, they noticed the mileage and they moved it to a "commuter" status and I'm thinking its going to go up. But they didn't raise my insurance as a result of the ticket.... yet.
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Old Feb 20, 2009 | 06:58 PM
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23 years old under my name. I pay 118 with allstate, I used to pay 230 a month with state farm when I first purchased my TL. I'm very happy right now with the rates.
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Old Feb 20, 2009 | 07:13 PM
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$423/mo for 10 months on full coverage
Wife, myself (homeowners) and 18 y/o son
07 AV6
05 Murano
05 Altima V6 5MT
00 Quest

I wish it were less but not the worst rate.
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Old Feb 20, 2009 | 09:48 PM
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Originally Posted by v6cord2k5
Is the insurance policy in his name? My guess is that his parents are insuring the vette and he is covered because he lives in the household.
Even then, I bet he is not listed as a driver.

I paid $131 per month EXTRA to have my 20-year old daughter on our '02 TL-S. 1-year accident free and that Inexperienced Driver premium was decreased by about 40%.
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Old Feb 20, 2009 | 09:52 PM
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$75/month with USAA- 2 cars
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Old Feb 20, 2009 | 10:11 PM
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$70 per month though state farm on 01 cls and 88 325is. seems that the more cars you have through state farm the better your coverage is as well. my dad has 9 cars on his plan and it's only $110 a month for full coverage on all of them.
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Old Feb 21, 2009 | 02:35 AM
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$118.97 a month through Ameriprise (Costco). My 2000 TL and my sister's 99 VW Passat. Myself, both sisters, and my father covered on the policy. I'm gonna do some shopping around to see if I can get a better rate. Costco everybody else the last time I shopped around.
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Old Feb 21, 2009 | 11:45 AM
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Originally Posted by v6cord2k5
Is the insurance policy in his name? My guess is that his parents are insuring the vette and he is covered because he lives in the household.
He didn't say but like others have stated he's probably under his parents coverage.
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Old Feb 21, 2009 | 11:49 AM
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I pay $716 a year with USAA. '07 TL. Of course I do not have minimum coverage, if I did you could cut that in half.
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Old Feb 21, 2009 | 05:49 PM
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i'm 21 with a 3.5+ GPA and 6 years of spotless driving. still paying 140 bucks a month for my 99 TL
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Old Feb 21, 2009 | 06:00 PM
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$150 per month for 3 cars with State Farm.
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Old Feb 21, 2009 | 09:16 PM
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173 full coverage w/Geico from 283 TRASHAUTO (safe auto, they suck!)
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Old Feb 21, 2009 | 09:59 PM
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currently iam paying 126 full coverage from state farm, but in aug 07 i was paying 215
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Old Feb 22, 2009 | 03:13 AM
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Originally Posted by sho_nuff1997
$75/month with USAA- 2 cars
I couldn't get USAA while I was active duty. Only open to officers at the time.

But I only pay $500/year for the Odyssey and $650 for the Subaru. Full coverage on both, but I'm an old fart.

$70 for a teen in a Vette? Maybe a Chevette.
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Old Feb 22, 2009 | 03:53 AM
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$480/month all full coverage
2008 acura tl type-s
2008 jeep grand cherokee overland
2002 jeep liberty limited
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Old Feb 22, 2009 | 04:18 AM
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^^ $480 a month and all of these cars at 20?? Ouch!

I'm 25 and pay $554 every 6 months with Mercury full coverage clean record for my '06 TL.
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Old Feb 22, 2009 | 06:52 AM
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Originally Posted by greco9885
$480/month all full coverage
2008 acura tl type-s
2008 jeep grand cherokee overland
2002 jeep liberty limited


That's nearly $6K a year on insurance alone? OMFG, I need to get into the insurance business.
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Old Feb 22, 2009 | 08:26 AM
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Looks like I'm getting ripped off compared to some of you guys.

$94 per month for full coverage on my TL. One driver, one car.
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Old Feb 22, 2009 | 10:50 AM
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Originally Posted by mrmako


That's nearly $6K a year on insurance alone? OMFG, I need to get into the insurance business.
He's well under 25 y/o, likely unmarried, probably not a homeowner with a luxury branded sports sedan and two SUVs. Honestly, I'm surprised he only pays a little more than we do.
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Old Feb 22, 2009 | 11:34 AM
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$200 a month for full coverage on 2 cars.
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Old Feb 22, 2009 | 11:51 AM
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100 a month on 2 cars 1 driver full coverage.
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Old Feb 22, 2009 | 12:25 PM
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Originally Posted by greco9885
$480/month all full coverage
2008 acura tl type-s
2008 jeep grand cherokee overland
2002 jeep liberty limited
Jesus. I'd be chatting with my agent, and getting some of the cars into the "recreation" category.
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Old Feb 22, 2009 | 12:46 PM
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keep in mind your rates also have to deal with your location as well, high theft or vandalism, etc.
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Old Feb 22, 2009 | 12:53 PM
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what's the damn secret to your low insurance rates? i've only got liability and still playing more than you guys with multiple cars full coverage...
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Old Feb 22, 2009 | 02:06 PM
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Originally Posted by Razzi
what's the damn secret to your low insurance rates? i've only got liability and still playing more than you guys with multiple cars full coverage...
Being over 25, or married, clean record, etc.

If you are in college, under 25 and unmarried, you can even get a good student discount...

You could also reduce the amount of liability coverage that you have.
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Old Feb 22, 2009 | 02:40 PM
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Originally Posted by Razzi
what's the damn secret to your low insurance rates? i've only got liability and still playing more than you guys with multiple cars full coverage...
My coverage falls under my parents' plan.... and/or I have them listed as the main driver of the car. My dad is a 60 year old man with a spotless driving record pretty much *knock on wood*

When I was getting full coverage insurance for my car it would have been (with a so-far spotless record) $500/6mo with my dad on it, and $1500/6mo with just me
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Old Feb 22, 2009 | 06:58 PM
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I pay $80 a month for my 03 CL-S. I have a spotless record, and I'm still on my parent's insurance (don't feel like paying over double that to be on my own policy) Everything is in my name (primary driver, and so forth)

I really think I'd get a better rate through a different insurance company. I have Safeco.
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Old Feb 23, 2009 | 12:40 PM
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About 140/mo for full coverage on
02 TLS
03 Ody EX
Wife and I both 35+
State Farm
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Old Feb 23, 2009 | 01:47 PM
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$67/month. Full coverage for the 2002 330Ci.
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