subarusam Posted April 14, 2007 Share Posted April 14, 2007 So I am the proud owner of a 2007 LGT 5MT obsedian black. I put the car on my insurance (Encompass) which covers my house and my cars. I ask the insurance lady what does it cost? She tells me 1076$ per year for full coverage with 500 deductible. The LGT is replacing my leased ZO6 corvette which I am turning in at the end of May. So guess what my ZO6 costs? 1046$ per year????? How can this be I ask, blah blah blah, actuarial, safety data etc.... driver. I am 41 yo male with no accidents, claims, tickets (no tickets in past 5 years) Hmmm that sounds like BS. So this prompted my question on the survey how much do you pay for insurance, what part of the country, and what company? Thanks Sam Link to comment Share on other sites More sharing options...
derffred Posted April 14, 2007 Share Posted April 14, 2007 ha.. 22 years old, one speeding ticket in North New Jersey (the ticket has been more than 3 years ago, but my payments don't update until the term is over)... paying 2600 a year... full coverage Link to comment Share on other sites More sharing options...
Meltdown07 Posted April 14, 2007 Share Posted April 14, 2007 There are several threads on this already, so I'll recommend you do a search for that. However, I'm 25 and pay about $880/yr for full coverage... you're getting ripped off. Go Cardinals! Link to comment Share on other sites More sharing options...
VTsullyman Posted April 14, 2007 Share Posted April 14, 2007 21 male in VA pays 900 a year with 100/500 dec 2007 DGM LGT 2003 Suzuki SV650S Link to comment Share on other sites More sharing options...
TPLGT Posted April 14, 2007 Share Posted April 14, 2007 I pay 1700 per year for 100/300...500 deductible on my 06 lgt and an 02 Altima SE v6....I am 33... ONly 2 vehicular homicides and 2 DUIs...not bad....j/k Rehab is for quitters. Link to comment Share on other sites More sharing options...
Brady Posted April 14, 2007 Share Posted April 14, 2007 Why don't we all just stroke our shafts and call it a night? Quite honestly, so much goes into the calculation of your insurance that it's a joke to try to figure out what you're paying versus someone else Do you: Have more than one vehicle? Have your home owners/renter's policy with the same insurer? Have a life insurance policy with the same insurer? Live in the city or country? Drive more than 5 miles to work? Have 1 ticket on your driving record? Are you Married? Do you have any kids? Do you have a DWI on your record? Do you use a garage or park outside? Do you have any children who drive? The list goes on ... Link to comment Share on other sites More sharing options...
TPLGT Posted April 14, 2007 Share Posted April 14, 2007 Is your pecker 6 or 9"? I just couldn't help it... Rehab is for quitters. Link to comment Share on other sites More sharing options...
subedup07 Posted April 14, 2007 Share Posted April 14, 2007 heres a tid bit your credit score/report some insurances takes that into considering your premium- since it shows your responsibility worth. Me for instance 3 accidents in 2 years and a speeding ticket above by 30 3rd year- I pay @ 800 fullcov for my 07 GT 28yo- Go figure any one would insure me. Link to comment Share on other sites More sharing options...
subarusam Posted April 14, 2007 Author Share Posted April 14, 2007 I realize so many things come into play BUT knowing what others pay is somewhat important in comparing why we pay what we pay. The insurance industry is MEGA profitable. We compare all manner of issues about our cars mechanical, electrical, suspension etc... Just thought it was crazy that a corvette is insured for the same or slightly less than LGT? Doesnt that strike anyone as a bit unusual? Sam ps by the way i a married, no kid drivers, garaged, insure both house and cars under same policy, live in the burbs, and have excellent credit. Link to comment Share on other sites More sharing options...
leggtnut Posted April 14, 2007 Share Posted April 14, 2007 I would say that they are trying to get more $$$ outa you if you ask me. The Z06 is not likely to be as safe as any subaru made today and the parts are likely to be cheeper to come by. I would say start shopping around. When I bought my house my previous insurer (allstate) wouldn't cover my house because 30% of it is on stilts so we went shopping. We discovered AAA has thier own insurance, go figure, and they have home and auto. So I figure what the heck I call them. with in a week we get a quote from them, they will cover the house, 20% less than all other quotes that we got, and we were paying 900/ 6 mth for a 04 Baja T and a 98 Forester L with allstate and AAA said it would be 1100/year for the same coverage. Now that we have a 06 LGT and a 04 FXT, we are paying about 1250/year. I have had to make 3 clames on the cars with AAA and all I have to say is they are phonimonal. I hit a dear one morning and they took care of it no questions asked and no hasstle, I was rear ended 2 months later and same thing. I had a Yakima rack fall off my LGT this winter and they took care of that as well. I couldn't be happier. Good luck with your plight. EDIT: forgot to mention, I live just about in BF Nowhere because I live in CA and that's all I can afford, married, no kids, no accidents (none listed as colisions except for rearending and it was removed from my record because it was not my fault), no tickets, and good credit. Ben (2014 Outback SAP w/ eyesite, 2014 Tribeca Limited, 2006 LGT limited sedan) Subaru Ambassador PNW Link to comment Share on other sites More sharing options...
el5y Posted April 14, 2007 Share Posted April 14, 2007 21 male in VA pays 900 a year with 100/500 dec wtf? what insurance do you have? 22 male in VA, 1400/yr 500 deduc 300k bodily injury, 100k property Link to comment Share on other sites More sharing options...
wukindada Posted April 14, 2007 Share Posted April 14, 2007 Very high....... as we all know alot of factors are involved as mentioned above. Two of the most important though & not mentioned yet are beacon score & the county in which you live. A friend of mine had his rates go down over 600 a year by simply moving from one county to another....... My rates just went down a little, there just under 650 a year now for 100/300 med 5/20 ded 100 towing 30 day rental I'm a little older than a few of you guys also, I'll be 36 this year. Make sure you shop around, I found there to be over a 500 a year difference in companies rates:( Toyota 6EATS .........SUCK!!!!!! Link to comment Share on other sites More sharing options...
o1legacygt Posted April 14, 2007 Share Posted April 14, 2007 Sounds pretty high to me. I'm 22 and pay 386 every 6 months for 100/300 with a 500 dollar deductible. IMO you should try Allstate, Statefarm or another major insurance company. Link to comment Share on other sites More sharing options...
subarusam Posted April 14, 2007 Author Share Posted April 14, 2007 It sounds like I need to go back and look at AAA. I dont live way out in the country but I will ask how the zip affects my rate. To use your story by analogy, I am paying DOUBLE your rate for 2 cars using your total amount paid for your newer subies. Does anyone else have a good insurance carrier that does house and car combined? Thanks Sam Link to comment Share on other sites More sharing options...
zmarko Posted April 14, 2007 Share Posted April 14, 2007 I'm 35, divorced, no kids, no garage, 2 cars full coverage (LGT and '01 Mazda Tribute), home owners insurance, and a small life insurance policy for $1700/year. I live in the country and drive more than 5 miles to work. State Farm is my Ins Co (and has been for 20 years). Link to comment Share on other sites More sharing options...
ABPillinois Posted April 14, 2007 Share Posted April 14, 2007 23 single garage nothing on my record more than 5 mi to work full coverage cost me about 1200 a year not bad. It's actually cheaper than my 2000 civic dx and I put more coverage on the GT. :rolleyes:"All right, brain, I don't like you and you don't like me - so let's just do this and I'll get back to killing you with beer." Link to comment Share on other sites More sharing options...
VTsullyman Posted April 14, 2007 Share Posted April 14, 2007 wtf? what insurance do you have? 22 mile in VA, 1400/yr 500 deduc 300k bodily injury, 100k property State Farm, i get EVERY discount they offer, i mean i asked them and i cant get anything else. No tickets and no at faults. I have 100k/300k with medical and uninsured (100k/300K). I am betting the discounts and where i live vs you makes a huge difference. 2007 DGM LGT 2003 Suzuki SV650S Link to comment Share on other sites More sharing options...
el5y Posted April 14, 2007 Share Posted April 14, 2007 State Farm, i get EVERY discount they offer, i mean i asked them and i cant get anything else. No tickets and no at faults. I have 100k/300k with medical and uninsured (100k/300K). I am betting the discounts and where i live vs you makes a huge difference. Dah, I need to move out of Northern VA Oh yeah I have 1 ticket though that didn't affect my insurance rate any when I got it so Link to comment Share on other sites More sharing options...
Nomadic Logic Posted April 14, 2007 Share Posted April 14, 2007 32 yr old married male 26 year old female Clean record for me One ticket for my wife $250 deductibles $300k / $500k coverage, including uninsured motorist State of MD $432.97 / 6 months USAA Link to comment Share on other sites More sharing options...
subedup07 Posted April 14, 2007 Share Posted April 14, 2007 Hey subarusa might any chance you live in MA- cuz i know that large franchise/company can not touch that state you can only be insured by private owned business- basically no names, so that's why you might be paying alot. Link to comment Share on other sites More sharing options...
jagcars26 Posted April 14, 2007 Share Posted April 14, 2007 If your over 25,,Try Erie,,I've been with them fr years,with no probs,although I did total my truck many years back.I had 1st at fault forgiveness.No increase. Link to comment Share on other sites More sharing options...
AwNavyLegacy Posted April 15, 2007 Share Posted April 15, 2007 22 Male ...had my insurance State Farm in New Hampshire 200 a month, just switched to Nationwide and went down to 110. I was very surprised, still waiting for the catch....I've had State Farm ever since I got my license at 15. 2007 Spec B Link to comment Share on other sites More sharing options...
rjundi Posted April 15, 2007 Share Posted April 15, 2007 Progressive-Excellent Credit, Driving Record, Homeowner, and customer since 1999 discount, multicar discount, pay in full discount Location: Seacoast NH Age: 35 500CSL Limits with $500 deductible on collision and $100 for comprehensive Vehicle: 2005 Legacy GT Wagon $401/year, 2004 Subaru WRX Wagon $455/year Link to comment Share on other sites More sharing options...
RangerMan Posted April 15, 2007 Share Posted April 15, 2007 $650 a year. Link to comment Share on other sites More sharing options...
sexylegacy Posted April 15, 2007 Share Posted April 15, 2007 The real question is why on earth would a 2-seater sports car (flippin Z06 no less) cost less to insure than a 5 passenger, AWD, highest crash-test-rating, half-the horesepower Subaru flagship sedan?!?!?! That is messed up. They punched in the wrong numbers or something. My Subie costs the same to insure as a Ford Focus! Link to comment Share on other sites More sharing options...
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