How much is your insurance?
03-13-2010, 08:25 PM
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How much is your insurance? So I was sitting at home tonight after checking my mail, and seeing a letter from my insurance company. I've had provisional insurance for the first 14 days of ownership, and I have a lien on the car so they want full coverage on it. On the letter it says they want to charge me $155.04 a month!
My GTO has a rebuilt title, 53K, I have a very good driving record, about to turn 30, no major accidents, no DUIs, a speeding ticket here and there, nothing more than 20 over. This to me sounds ridiculous. I mean, I pay only $65 a month for full coverage on my Silverado pickup!
But then I thought, maybe I'm not crazy and this is just what it costs to insure cars like this. So what do you guys pay and is it justified?
My GTO has a rebuilt title, 53K, I have a very good driving record, about to turn 30, no major accidents, no DUIs, a speeding ticket here and there, nothing more than 20 over. This to me sounds ridiculous. I mean, I pay only $65 a month for full coverage on my Silverado pickup!
But then I thought, maybe I'm not crazy and this is just what it costs to insure cars like this. So what do you guys pay and is it justified?
03-14-2010, 11:29 AM
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I've got My gto insured on Full coverage with a lein against it and an old truck with the same coverage because i drive about as much as my car. Together I'm paying right at $1200/yr for both vehicles.
03-14-2010, 02:08 PM
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I pay $62 a month for full coverage with a $500 deductible in IL. But I am not shocked by your rate. I was happy when I got my quote and found out it was dropping $5 a month from my previous car with less HP 
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03-14-2010, 07:32 PM
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I think I can make that come down. All they know about the car is that it is a 2006 GTO, they don't even have the VIN yet. I was prepared to pay over $100, I get that two door muslces cars will be pricey to insure, but still. They'll have to come down some or I'll just find someone else.
03-15-2010, 12:08 AM
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03-15-2010, 11:28 PM
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Well, it turns out my insurance company made a "mistake" on the letter they sent me. It implies every monthly payment will be $155, but what they really want is the first two months and then it's going to be $77.50 a month from then on out. Funny how these things happen. Either way, it's way less that I was anticipating so I'm thrilled!
Either way, it's way less that I was anticipating so I'm thrilled! 
03-16-2010, 11:36 AM
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I'm paying $122 a month with full coverage i probably could do better if i shop around but i'm about to put my camaro back on insurance an he told me it should drop a good amount. I was only paying 70 bucks a month for my camaro guess things came a long way since the 80s lol.
