Insurance on a vette
05-10-2006, 11:39 AM
#1
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Insurance on a vette I found a Corvette I really want to buy but my current insurance company wont cover me on it. It is a 1998 6 speed With targa top. I am 24 and will be 25 in september and they told me they cant cover anyone under the age of 30 on a corvette. Why is this? My 99 Z28 has pretty much the same engine. There isnt really that much a performance difrence. I know there has to be some people around my age with corvettes on this website some where. What can I do?
05-10-2006, 11:41 AM
#2
Kind of odd they won't cover you considering most people see higher rates with the Camaro. Insurance companies revise their policies, what seems to me almost every 6 months, to cover their assets.
It's as simple as: if they won't cover you, move to another carrier.
It's as simple as: if they won't cover you, move to another carrier.
05-10-2006, 11:57 AM
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It really sucks! I currently have Southern Farm Bureau and my family has been with them for like 35 years. We have been lucky enough not to have any claims on our insurance records, KNOCK ON WOOD!!!!!. I am gonna call around and see. My fiance hav State Farm so I am gonna am check them next. Oh well!!
05-10-2006, 05:20 PM
#5
310 a month and im 23 
it only went up 32 bucks a month from a 2000 SS M6 to a 2002 Z06. But I do have it listed as a pleasure vehicle and cant do more then 7500 miles a year which is fine for me.
it only went up 32 bucks a month from a 2000 SS M6 to a 2002 Z06. But I do have it listed as a pleasure vehicle and cant do more then 7500 miles a year which is fine for me. 
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05-10-2006, 06:53 PM
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Originally Posted by SPANKY LS1
Going from my 2002 Z28 to my 2006 Corvette saved me nearly $200/yr on the insurance, equal level of coverages.
I have State Farm and experienced the same savings.99 Formula to 06 C6.Damn should have done this along time ago
05-11-2006, 08:59 AM
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When my little brother (at the time he was turning 16) was going to buy a Mustang GT a friend said to check with insurance first because they dont cover anyone under 18 for it, sure enough they didnt. He asked about a Mercedes Benz SL500 though and yeah... they said they'd insure it.
05-11-2006, 09:08 AM
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same here, moving from 01 z28 to 03 z06, saved about $180 on the insurance.
the insurance company refusing to cover a vette when you already have a policy is a pure BS. they might be about to drop you either way. sounds like it's time to switch companies.
the insurance company refusing to cover a vette when you already have a policy is a pure BS. they might be about to drop you either way. sounds like it's time to switch companies.
05-11-2006, 09:45 AM
#17
200 something a month with GAP. I'm 27......and have a pretty stout speeding record....including a trip to the local prison. It's like 210 a month but, only cause i'm friends with a insurance manager..... I got another quote from ANOTHER friend, for the same type of plan....and it was another 80 something bucks.
Moral of the story,....find a friend thats a manager, or something high in an insurance office.
Moral of the story,....find a friend thats a manager, or something high in an insurance office.
05-11-2006, 05:57 PM
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I have Geico. When I turned 25 my insurance droped almost in half on the vette. Went from $950 every 6 months to $525 every 6 months. I've been with Geico now for 10 years..
