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-   -   why is insurance so high on new cars? (https://www.homemadeturbo.com/general-discussion-6/why-insurance-so-high-new-cars-61235/)

scottsi 05-11-2006 11:01 PM

why is insurance so high on new cars?
 
I called my insurance company to see how much the insurance will be on a 2004 grand prix, and they told me 500 dollars a month!, i didnt even tell them it was a GTP!, i have 2 points and the car is under my moms name not even mine!, is this a insane price or is that about normal? the points arent for dui just speeding and no lights on at night. 500 a month is 6k a year, and in 3 years i paid over the price of the car, should we drop this insurance company and get another? i think theyre ------- us over with 500 a month and we have 3 cars insured right now. input appreciated, haters flame and humor me bitches :-*

chevy 05-11-2006 11:03 PM

Re: why is insurance so high on new cars?
 
cause there worth more

Loserkidwac 05-11-2006 11:08 PM

Re: why is insurance so high on new cars?
 
My mazdaspeed protege is only like $130 and the crx is $30 monthly :6

Mazda is stock turbo and fully covered because I am making payments your insuance just sucks

mike saunders 05-11-2006 11:13 PM

Re: why is insurance so high on new cars?
 

Originally Posted by Loserkidwac
My mazdaspeed protege is only like $130 and the crx is $30 monthly :6

Mazda is stock turbo and fully covered because I am making payments your insuance just sucks

NEW cars...


HondaTuner 05-11-2006 11:30 PM

Re: why is insurance so high on new cars?
 

Originally Posted by mike saunders
NEW cars...


Umm, whats not new about the Protege? It's like an 03 ::)

whiterice 05-11-2006 11:32 PM

Re: why is insurance so high on new cars?
 
Car quotes are free, so contact several others and I'm sure you will get better pricing.

Ravage70 05-11-2006 11:39 PM

Re: why is insurance so high on new cars?
 
they read this forum so they give you ---- quotes

Dr.Boost 05-11-2006 11:44 PM

Re: why is insurance so high on new cars?
 
I only pay $211 a month for full converage on an oversized 03 truck and I have 2 speeding tickets and an at fault accident(IT WAS NOT MY ------- FAULT GOD DAMN IT). You're getting fucked. $500 a month is just highway robbery. :l
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jacob 05-12-2006 01:44 AM

Re: why is insurance so high on new cars?
 
LOL who quoted you that? joe schmoe in the dark alley? hahah i would NEVER pay that much for insurance, except maybe for a ferrari or something

AgentMurdoc 05-12-2006 02:27 AM

Re: why is insurance so high on new cars?
 
he lives in cali, they do that here.

90dx 05-12-2006 03:02 AM

Re: why is insurance so high on new cars?
 
New cars also are built to collapse absorbing impact forces hence they are getting expensive to fix when in a accident.

W O T 05-12-2006 03:59 AM

Re: why is insurance so high on new cars?
 
I was quoted $625 for LIABILITY in my crx a month, my own name, 20 years old, 2 tickets with zero points

I called a new company the next day and asked for a quote on the same car, gave her all my info, $124/month out the door, amazing, then she found out she made a mistake and put me in a 25 and over class, she caught the mistake, told me over the phone she caught the mistake and told me she would let the mistake slide and KNOWONE would notice unless my account went under review

I asked to speak with her at the insurance office and it was a young ass blonde, thanked her very heavily and left

I paid $375 for liability for my 91 ranger v6 under my own name this whole last year, paid for the truck 3 times over just to insure it......

Gotta pay to play apparently

xternal 05-12-2006 04:46 AM

Re: why is insurance so high on new cars?
 
Its all about the value of the car , and also on the history of the driver.
New cars - more insurance ;D

AgentMurdoc 05-12-2006 06:08 AM

Re: why is insurance so high on new cars?
 

Originally Posted by xternal
Its all about the value of the car , and also on the history of the driver.
New cars - more insurance ;D

not really, a jag cost more to insure than a benz, believe me I know.

Loserkidwac 05-12-2006 08:52 AM

Re: why is insurance so high on new cars?
 

Originally Posted by mike saunders
NEW cars...


Yea the protege is an 03 thats pretty damn new still

danronian 05-12-2006 09:02 AM

Re: why is insurance so high on new cars?
 
Call around all the insurance companies. When i shopped for my own insurance some companies were over twice as much as the cheapest I found.

jecu 05-12-2006 09:43 AM

Re: why is insurance so high on new cars?
 
dude where the ---- do you all live paying hundreds of dollars on liability....=/ I had an 88 CRX Si and paid $15 monthly for liability in my own name at 19, and now I have an 92 Integra LS and pay $29 monthly for liability in my own name at 21 :y

91efate 05-13-2006 01:37 AM

Re: why is insurance so high on new cars?
 
they knew you were asian so you're automatically classified as a high risk lol

USS 05-13-2006 11:06 AM

Re: why is insurance so high on new cars?
 
Just try other insurance companies.

mike94se 05-13-2006 12:11 PM

Re: why is insurance so high on new cars?
 

Originally Posted by 91efate
they knew you were asian junkie so you're automatically classified as a high risk lol

Fixed ;)

jinxy 05-13-2006 12:49 PM

Re: why is insurance so high on new cars?
 

Originally Posted by jecu
dude where the ---- do you all live paying hundreds of dollars on liability....=/ I had an 88 CRX Si and paid $15 monthly for liability in my own name at 19, and now I have an 92 Integra LS and pay $29 monthly for liability in my own name at 21 :y

Now the question is, where the ---- do you live?!!! :o

BoosTedZSix 05-13-2006 03:04 PM

Re: why is insurance so high on new cars?
 
probably in the middle of no where, What i suggest doing is register the car in a city where not too many people live lol. that'll cut it down.

FooK 05-13-2006 03:20 PM

Re: why is insurance so high on new cars?
 
turns out a brand new grand prix is worth more than a bucket ass crx...weird huh?

another reason is they're bigger and do more damage in a wreck.

SlowCivicHB 05-14-2006 11:26 PM

Re: why is insurance so high on new cars?
 
my 2005 ion redline was only 235- a month wit max. coverage, and i was only 18 when i insured it lol, and thats under my own name n policy n everything haha

Geno 05-14-2006 11:53 PM

Re: why is insurance so high on new cars?
 
Like the others said, call arround. When I bought my 03 GSXR I was quoted $300 a month by State Farm w/$1k deductables, then I called USAA and they told me $50 a month full coverage, w/$250 deductables.

streetracer42084 05-15-2006 01:11 AM

Re: why is insurance so high on new cars?
 
i'm paying 270 a month for mine and i have 05 civic ex,they are jacking you cus triple A want me to pay almost 500 a month.


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