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C5 insurance for Younger crowd.

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Old 11-30-2009 | 01:51 PM
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Default C5 insurance for Younger crowd.

Hey fellas, I have a quick question about Insurance on a c5 coupe or a z06.

I got some online quotes from Geico and it came up to $426 for the 6 month premium,04 z06.

I am 23 and been driving since i was 18, wasn't on a policy until I was 20. No tickets/accidents or any of that.

I drove my 3.8l for more than 2 years and now I am financially ready to move onto v8.

I wanted to know the real insurance prices guys in their 20s are getting for corvettes.

Old 11-30-2009 | 01:57 PM
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Sounds about right, insurance is jacked till you hit 25. Still cheaper than fbody insurance at 23 I'm sure, if you have two vehicles they can usually get you the over 25 insurance pricing on one of them.
Old 11-30-2009 | 03:24 PM
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$426 for 6 months is cheap. is that full covg?
Old 11-30-2009 | 03:34 PM
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thats sounds like liability only price......
Old 11-30-2009 | 03:53 PM
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wow there is no way that is for full coverage for six months. If it is then im calling geico asap lol. I have a spotless record and for my 02 Z28 its $1,300 for six months with geico and i have been with them for 8 years, shortly after i bought a beater Jeep cherokee for a dd it droped to $729 for 6months because of the multi car discount.
Old 11-30-2009 | 04:22 PM
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I'm 19 and pay $700 for a FULL year and i have practically full coverage for my 98 Z28
Old 11-30-2009 | 04:54 PM
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Im paying 436 for 6 months with full coverage and 500 dollar deduct. My insurance went down when i got the vette. I was paying 511 for 6 months for the SS. Mine is threw all state. I am 27 and clean record so that helps.
Old 11-30-2009 | 05:09 PM
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ins rates will vary state to state. here you get fucked no matter what.

full covg on my GTO is over $1200 a yr andost $500 for my SS with min. covg.
Old 11-30-2009 | 08:21 PM
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Yeah but at those prices what kind of insurance companies are we talking about? Is it Yo-amigo insurance or something? I would only go with State Farm, AAA or one of the big boys, because when and if the time comes you're going to need the right type of company to back you up and get you on the road fast.

I used to pay $280 a month for full coverage on 4 cars with AAA, and as high as that was I say it was worth it...
Old 12-01-2009 | 10:30 AM
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I have state farm, i am 30 yrs old in maryland and pay 215 for 6 months for my Z06.
Old 12-01-2009 | 10:40 AM
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@OP: That's cheap. I paid about that (a bit less) for my 99 Camaro with everything but full collision on it. Though I have a higher rated insurance company (Liberty Mutual) and I pay extra so that I can have one moving violation and one accident per year without my insurance rates going up.

Last edited by dragonrage; 12-01-2009 at 01:49 PM.
Old 12-01-2009 | 10:56 AM
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I'm 22, live in Texas, a couple of moving violations. I pay $330 for six months for full coverage and a $250 deductable with USAA

Last edited by Scira; 12-01-2009 at 11:10 AM.
Old 12-01-2009 | 11:05 AM
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Typically it is better if you are well established with your current carrier. If you have a good driving record and have been with a company for quite some time, they will normally give you the best rates. If you will have more than one car under your name, a carrier will sometimes give you even better rates as they only have to rate for your age on one car.
Old 12-01-2009 | 12:33 PM
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I dont have my c5 anymore but i'll tell you what I got and a bit of my driving history. I live in the state of Michigan and have always had State Farm insurance since I started driving in 1997.

In 2000 accumulated 19 points in 6 months when I got my LT1 Trans AM, License suspended for 6 months....

2003 got a 99 C5 FRC Paid $110.00 a month then dropped from there till I sold it in 2007. This was my 2nd car so there was a multi car discount it was listed at under 5000 miles per year, storage insurance went to $12.00 during winter.
(agent listed me at 25 years old when I was 22)

The insurance rates were what convinced me to buy a C5 over a blown Mustang Cobra which would have cost $195 per month at the time.
Old 12-01-2009 | 12:48 PM
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You would think that loyalty without a claim would catch you a break - WRONG. It's just the opposite.

The only way to avoid getting it up the chute is to change companies every year. They have to be competitive when your shopping.
Old 12-01-2009 | 01:15 PM
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Im under 25 and pay $1289 for a full year. This includes Full coverage on the WS6 and Liability on my daily driver. I have no tickets or accidents.
Old 12-01-2009 | 01:45 PM
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I pay $86 a month for full coverage, but with a $1000 deductible and on my dad's insurance plan. I am 20, clean record.
Old 12-01-2009 | 04:55 PM
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I pay $900/yr full coverage w/ 100/300 & all the other bells & whistles (Allstate). Started that policy when I was 23. It actually went down like $200/yr when I switched to the C5 from the Camaro.

I really can't complain about Allstate. They also insure my 1000rr for like $125/yr but that just liability.
Old 12-02-2009 | 02:59 PM
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Thanks for all the input guys. I was debating between putting a 408 and built suspension or a c5z.

I got an exact quote of $450/6 months premium for liability only as opposed to 850 I am paying for the camaro. v6 camaro?!?!

So I am putting the funds towards a c5z instead of a 408 in the camaro.
Old 12-02-2009 | 03:04 PM
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$1458 for a 6 month premium.

Full coverage on my z06
Liability on my DD s10

23. Lots of tickets, no accidents.


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