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?
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.
__________________ 2001 Camaro SS, P&P 243s, 228r cam, FAST 102 intake & TB, Hurst short throw, LS7 Clutch, 9in rear w/4.10s, and some other goodies
did you not check the rates before you decided to buy the car?
"Fear is a feeling, not a barrier." -me, 1998.
2006 Impy SS, LS4 transportation appliance 100K (Ultra-flo's, spacer, CQL rockers, DRB, etc).
1996 Fleetwood Brougham LT1 101K.
1995 Caprice 9c1 LT1, 238K (in more than one piece and being parted out)
1985 Honda VF1100S, for those days when you just have to crank off an 11 second quarter-mile. 22K
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
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.
I'm 22 and I got a quote on an 06 at about $130 per month which is the same as my Slowbalt. Now I just have to find the right GTO
__________________ 2001 black ws6 trans am a4, TD's sweet thunder, slp lid, black TTM 17x9 front 17x10.5 rear with nitto's, UMI LCA,SFC and Yank ss4000 PRC 5.3l heads, MS3cam 11.6
Nitrous and new rear end in process
05 CTS-V Black and stock for now
07 Ninja 650R
2009 G8 GT Stryker Blue - Sold
2006 Cobalt SS - Sold
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!
$537 a year with 250 deductible.
I'm an old fart = 54
__________________ 160 Thermostat
CAGS Over Ride
Custom Cut Dual Borla Exhaust
Dyno Tuned - Dynojet
20mm drop of the nose and rear
Adj Radiius Arms Installed
Breather Filter, Catch Can & CAI - TB Bypass
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.
__________________ 84 Camaro - Project Drag Car from Hell finally almost complete hopefully breaking in soon 05 GTO- Stock w/tune Daily Driver 459/537 spinning.