IL LS1 Owners.... Notice a drop in Insurance Rates??
12-14-2006, 06:51 PM
#1
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IL LS1 Owners.... Notice a drop in Insurance Rates?? Just wondering why the sudden drop in rates? Not that I'm complaining at all, it's a great thing, just unexpected is all. For quite a while now, I've been paying the same price for my '98 Z28 every 6 months. But the most recent premium was 12% lower.
Last ~4 bills: $470 (6 months)
This bill: $412 (6 months)
- State Farm
- Full coverage
- Over 25
- Married
- Very clean record
- Car regesitered just blocks away from Chicago city line
Funny part is, we're now paying slightly more to insure my wife's '04 Cavalier than the Z28!
So much for F-bodies being high risk I guess. 
Anyone else from IL/Chicagoland get lucky like this recently?
Last ~4 bills: $470 (6 months)
This bill: $412 (6 months)
- State Farm
- Full coverage
- Over 25
- Married
- Very clean record
- Car regesitered just blocks away from Chicago city line
Funny part is, we're now paying slightly more to insure my wife's '04 Cavalier than the Z28!
So much for F-bodies being high risk I guess. Anyone else from IL/Chicagoland get lucky like this recently?
12-14-2006, 07:59 PM
#3
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I think I'm paying around $390/6 mo. but that comes from being in my dad's name, with 7 cars, 3 snowmobiles, life and home owners insurance through state farm. Just dropped it back to Comp. only for the winter for a cool $97/6 mo. I think the SS is stayin in his name until I'm 25. Found out when I paid the insurance for my Saturn daily driver that my premium went for by $160 a year for over 3 years without a moving violation. Next car to add to the stable is gonna be a Vette hopefully in the coming summer, which I'm going to check out insuring in just my name for a good laugh.
12-14-2006, 08:15 PM
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Originally Posted by NBM-WU8
I think I'm paying around $390/6 mo. but that comes from being in my dad's name, with 7 cars, 3 snowmobiles, life and home owners insurance through state farm.
You're best off staying under your parents' name if you can till you hit 25. I was married before I was 25, so the drop wasn't nearly as big since just being married under 25 gets you a big drop. But still, the 25+ rates are MUCH cheaper.
12-14-2006, 10:52 PM
#5
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I was going to be paying over $2k a year , but have a new company now thatll be around $1k.. I hope to sell the car anyways , Im too broke right now to have any type of "performance" car..
12-14-2006, 11:46 PM
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hmm i had a 2001 eclipse and my insurance was $740 for 6 months..then when i bought the 2000 firehawk it dropped to $622 for 6 months..i really dont understand it but im not complaining!