Insurance woes...

[Viper Scot]

I've just found out via an e-mail from Esurance that my premium to renew my policy for my RT-10 is going up by 38% depite no convictions, claims etc. The reason is apparently that there is a California-wide policy (apparently for all insurance companies I was told) that came into practice last week that does not allow 'preferred driver' (i.e. based on clean driving record) deductions. This seems totally ridiculous to me if it is true. Does anyone have any other information on this?

 

[Saint_Spinner]

uh-oh....I was in the market for a new C6 or used GTS. I'll have to double check what my rates are going to be....I"m in Cali. too.

 

[Purdue_Boiler_Viper]

Completely outrageous!!!! But, on the other hand, if it is true, what's to stop you from speeding as much as you want? They can't raise your rates!

 

[BOGOTA]

Dammm, I hope NYC does not follow...

 

[Viper Scot]

But you could get a lot of fines and get banned...

 

[plumcrazy]

check around for prices. see what the other guys come in at.

 

[bloose]

I was considering Esurance but ultimately decided to consolidate everything (3 cars & Home) with State Farm, including a blanket liability policy.

I can tell you that in Michigan, State Farm is issuing new policies which use the individual driver's record to more accurately determine their risk in insuring you. This is causing all of my new policies to be cheaper when renewing them.

California is a whole different country though...

 

[GTS Bruce]

Insure house,apartment(renter ins),condo,boat,cars etc with one company. GTS Bruce

 

[Midwest Muscle]

I'll add that to the list of things that I won't miss since I moved from California in Oct 05!

Mike M

 

[ViperJames]

I actually lucked out and found a specialty insurance where i pay like $600/year and i have no limitation on mileage...full coverage.

 

[CitySnake]

I actually lucked out and found a specialty insurance where i pay like $600/year and i have no limitation on mileage...full coverage.

Stop with the tease. WHERE!!??

 

[93Cobra]

Thats the same thing Progressive told me a year ago. Instead of my premium going down due to multiply cars, no tickets etc, it went up like 30%.

 

[Wild Bill]

I actually lucked out and found a specialty insurance where i pay like $600/year and i have no limitation on mileage...full coverage.

Ok...come on-you can't just say that and not tell us who!!

B

 

[QUICKV10]

Here is how mine goes.full coverage 2 vehicles,99 dodge viper rt/10,03 lincoln aviator.liability of others is bodily 250,000 each person/500,000 each accident, property is 100,000 each accident i pay 611.00 every 6 months for both vehicles which brakes down like this: total general policy premium $249.00,aviator $175.00,viper $324.00 for 6 months and a discount of -137.00 if paid in full. So for a whole year I pay $1,222.00 for both vehicles full coverage.

On a side note , u would not wan't to get in a accident, because PROGRESSIVE does not pay well

Also my deductables are $500 collision $500 compehensive

 

[NOTV8]

I just applied for a new one and I got $875/year for $60,000 coverage, no miles limitation. Start of coverage is April 1'st. I paid $1,140 last year with the same coverage on another company and just called them that I am not renewing my insurance thru them. It is really worth it when you shop around even for insurance.

 

[Viper Scot]

Any chance of giving an indication of insurance companies that might be worth trying?

 

[Saint_Spinner]

Viper Scot, PMed you some info.