Official Insurance Premium Discussion Thread

[Vbp6US]

I pay $78/mo. A few years below 30.

[FateAveRun]

Originally Posted by gsxr750

After 30 yrs.of phone calls for insurance rates here is what you are left with for the best rates.

For cars its Geico and Allstate, if rates are close go with Allstate they are better to deal with on claims.

For motorcycles - Progressive hands down and their rates on car insurance is not that good, as Geico or Allstate.

Also if your are only 20, you should try and stay away from a sports car or high performance car class until you get to be 25 for strictly insurance purposes. Before you buy a car check out the rates, your really better off getting one of the sleeper class of sports cars that will slip thru the insurance companies hi rates, something like a (standard V6 camaro,V6 challenger, V6 mustang), wrx, (altima sport 4 cylinder v6 ) etc.

Right now stay away from cars with the ss, rt, or truely sports cars, unless you can afford the high rates, with rich parents or a high paying job.

This will save you a lot of money on insurance rates.

If your dad puts you on his insurance the rates will be a lot cheaper, but he risks a lot if you get into an accident with the sports car and someone is really injured bad. If you insist on getting a sports car then I would not make my parents put you on their policy, as long as your are over 18 and not living at home and have your own insurance in your name, then they are off the hook legally, and once you hit 21yr. if you are still living at home.

So I got a quote and wow. You weren't joking when you said it was high. They expected a $600 premium and $500 monthly... I don't even want to put my parents through something like that. I don't understand what you mean about the accident with my dad as the primary. Would the rates triple or something since I'm not the primary individual on the account?

[Nismodean]

Progressive- $105 a month with a 30+mph over ticket (was worth proving to that dodge challenger owner what the Z is capable of ). Cop caught me at the peak of a hill after the fact.

Geico is a rip off, they raised my insurance for no reason when I was 24 and dropped it back down to what I was originally paying when I turned 25.

The claims department is outstanding for both Allstate (the guy who hit me) and Progressive.

[Huckleberry]

Originally Posted by Nismodean

Progressive- $105 a month with a 30+mph over ticket (was worth proving to that dodge challenger owner what the Z is capable of ). Cop caught me at the peak of a hill after the fact.

Geico is a rip off, they raised my insurance for no reason when I was 24 and dropped it back down to what I was originally paying when I turned 25.

The claims department is outstanding for both Allstate (the guy who hit me) and Progressive.

progressive wanted 250 a month for my Z with no accidents or tickets. So, they can go to hell.

[MacLean]

Originally Posted by Huckleberry

progressive wanted 250 a month for my Z with no accidents or tickets. So, they can go to hell.

SH*T, you should have told them to sit on a pencil & rotate & then F OFF.

[gsxr750]

Originally Posted by FateAveRun

So I got a quote and wow. You weren't joking when you said it was high. They expected a $600 premium and $500 monthly... I don't even want to put my parents through something like that. I don't understand what you mean about the accident with my dad as the primary. Would the rates triple or something since I'm not the primary individual on the account?

Any accident or ticket, DWI etc that happens to you while you are driving a car under his name or under his insurance policy , will effect your parents insurance rates for up to 4 yrs if anything ever happens and also legally and finacially if anything bad serious injuries or deaths occur. Result , of court judgemnt against you and your parents in serious accident, wage garnishment, leen on any home or property they own.

That is why its best to keep any car children drive, titled in the childs name and also have them buy their own insurance in their own name.

You always here it from the stupid parents that feel their little angel will never get into trouble, but we all know what devils we can turn into once our parents are out of sight. So they never believe their little angel would do anything intentionally wrong behind the wheel of the car and the parents cry the blues later once they face legal issues and finacial costs, due to their little angel.

So it comes down to being an adult and accepting the costs of it, your 20 now and its time to accept full responsibilty, for anything you do , so put everything in your own name or the other option would be to find a dumb older girl friend and put the car in her name, a lot of guys do it once they get a DWI etc. Only problem is that if you break up she can keep the car as it will be titled in her name.

[Rusty]

When you first get insurance. You are on high risk for the first 3 years. After 3yrs without any problems. Your rates go down. If you get married, your rates go down. You get divorced, your rates goes up. Your wife dies, your rates stay the same.

[Nismo89]

Originally Posted by gsxr750

Any accident or ticket, DWI etc that happens to you while you are driving a car under his name or under his insurance policy , will effect your parents insurance rates for up to 4 yrs if anything ever happens and also legally and finacially if anything bad serious injuries or deaths occur. Result , of court judgemnt against you and your parents in serious accident, wage garnishment, leen on any home or property they own.

That is why its best to keep any car children drive, titled in the childs name and also have them buy their own insurance in their own name.

You always here it from the stupid parents that feel their little angel will never get into trouble, but we all know what devils we can turn into once our parents are out of sight. So they never believe their little angel would do anything intentionally wrong behind the wheel of the car and the parents cry the blues later once they face legal issues and finacial costs, due to their little angel.

So it comes down to being an adult and accepting the costs of it, your 20 now and its time to accept full responsibilty, for anything you do , so put everything in your own name or the other option would be to find a dumb older girl friend and put the car in her name, a lot of guys do it once they get a DWI etc. Only problem is that if you break up she can keep the car as it will be titled in her name.

Amen to the bolded! when i got my first car, i had to have a co-signer (no credit established, no creit lines, no nothing) now? when i bought my Z had a line of credit established, but only 1.... the woman told me " normally you need 3-4 lines of credit established in order for the companies to take you seriously...so in the future....and for future reference..... just get 3-4 lines ...you dont have to use them, just have them. and that counts as a line"

after buying my Z (3 months after) i got a letter saying basically " we've reviewed your policy, and due to your safe driving, we have lowered your rate $300 to $877 a year for full coverage"

start building your credit now and KEEP ONTOP OF IT! thats how i got my Z! lol

[NBZ34]

2012 370Z Six-Month Premium $383.01 or $63.83/mo. with the following coverage:

Country = U.S.
State = Texas (San Antonio)
Age = 41
Company = USAA

Discounts =
Multi Car
New Car
Premier driver
USAA Member

Coverages =
Comp/Coll: $500/500
Bodily Injury Liability: $30k/60k per person
Property Damage Liability: $25k per accident
Uninsured/Underinsured Motorists Bodily Injury: $30k/60k per person
Personal Injury Protection: $2500 per person
Uninsured/Underinsured Motorists Property Damage: $25k per accident
Towing & Labor

[FateAveRun]

Originally Posted by gsxr750

Any accident or ticket, DWI etc that happens to you while you are driving a car under his name or under his insurance policy , will effect your parents insurance rates for up to 4 yrs if anything ever happens and also legally and finacially if anything bad serious injuries or deaths occur. Result , of court judgemnt against you and your parents in serious accident, wage garnishment, leen on any home or property they own.

That is why its best to keep any car children drive, titled in the childs name and also have them buy their own insurance in their own name.

You always here it from the stupid parents that feel their little angel will never get into trouble, but we all know what devils we can turn into once our parents are out of sight. So they never believe their little angel would do anything intentionally wrong behind the wheel of the car and the parents cry the blues later once they face legal issues and finacial costs, due to their little angel.

So it comes down to being an adult and accepting the costs of it, your 20 now and its time to accept full responsibilty, for anything you do , so put everything in your own name or the other option would be to find a dumb older girl friend and put the car in her name, a lot of guys do it once they get a DWI etc. Only problem is that if you break up she can keep the car as it will be titled in her name.

I'm not gonna get a Z anytime soon... I definetly don't want my parents to take responsibility for my stupid mistakes. I guess I should wait 2 years and turn 21 then get my Z with my own money. Thanks for your post though. It really opened my eyes to how selfish I was being; car's not worth my parent's financial stability. Thanks everyone for your posts! It was very encouraging yet depressing knowing that your payment amounts yearly is equaled to my monthly

[vo2max99]

Yeah individual insurance rates can vary tremendously from person to person due to a huge array of variables.

Some of these "variables" that can determine your individual rate are:

Married / Single?
Rent / Own?
Male / Female?
Zip code?
Driving record?
Age?
Credit score?
Fed / Military discount?
How many vehicles?
And so on....

So it's really pointless to inquire what others are paying as it's highly individualized.

With that said I'm with Progressive and so far so good. I'm 32 (33 on 29 May) pay 131 month. Would be A LOT lower without the "Reckless driving" and (2) speeding tickets (1 under 15; 1 15 over) I spent 13 days in jail for the reckless driving charge which was dropped from "racing".

The reality is that it was neither but the **** cop driving behind me and my buddy said we were so... Lawyered up, charge dropped to reckless but my buddy failed to let me know of the court date. So a few days latter LEO showed up at my door, put me in cuffs and hauled my *** to the station. The bitch judge didn't even allow bail so good thing it wasn't any longer than 13 days before I got to see the judge.

The reckless driving and speeding tickets will be off my record by September this year. I imagine my rate will drop to $80-90 a month. This is cool because it'll be right around the time I purchase a new car.


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I am here: http://tapatalk.com/map.php?junqxy

[ImportConvert]

Originally Posted by FateAveRun

Hello members,

I am soon on my way to a new 370Z!
But...before I get into my lovely car I need to know how much
insurance would be since if it's at too high of a range I might not
be able to afford it. So if you would kindly tell me how much you pay
that'd be great. I live in California and have a good student discount so
any info would be welcome.

26/m/single/Louisiana (71115)/2-car and renter's insurance discount.
Rent
Credit-score 700+
Flawless driving record
Allstate is my carrier

(My 2011 Z06 with the same ran me $212 a month or something, IIRC)

I pay about $160 a month for full coverage and free replacement car if it gets totaled for any reason in the next 3 years (i.e. they buy me a new one off the show-room of the current year-model as closely equipped to mine as possible). $500 vanishing deductible.

[MacLean]

Originally Posted by ImportConvert

26/m/single/Louisiana (71115)/2-car and renter's insurance discount.
Rent
Credit-score 700+
Flawless driving record
Allstate is my carrier

(My 2011 Z06 with the same ran me $212 a month or something, IIRC)

I pay about $160 a month for full coverage and free replacement car if it gets totaled for any reason in the next 3 years (i.e. they buy me a new one off the show-room of the current year-model as closely equipped to mine as possible). $500 vanishing deductible.

Uhhhhh......... WOW.....ok credit score. So what is your SSN & DL #? We need to-do a back ground check to check out your facts. We will also conduct a drug test too (hair sample only).

[HippityHop]

I'm paying2989 every 6 months for my nismo 370z. :/
I can't find anything cheaper. I am 20 years old and have had 3 accidents and 8 traffic violations in the last 3 years. I had some bad driving habits a couple years ago. I'm just waiting for those accidents and tickets to go away now.

[gnznroses]

Quick update on my situation two posts up:
shopped around for insurance and got outrageous rates and companies unwilling to take me. Searched online and found a company i had never heard of called Amica. found them via the JD Power website where they were the top-rated company for several years in a row. They're an online/by-phone-only insurance company. Accepted me and my rate is about the same as I had before with St Farm