General rule for me is if book value is under $12000 - I take liability only.If you can afford to replace the auto, get liability only. If you are an average driver or better, you will save a bundle over your lifetime. Less than half of premiums go to actually pay claims and most body shops will give you a competitive rate if out of pocket...
I pay close to 4K per year for insurance. Boys.
State Farm kicked me out when some one banged their door into my CX5 on a windy day. I would dance a happy dance when all of these insurance companies in the US - auto / medical etc. die a painful death.
You have to shop around since rates seem to go up a little each year no matter what. Then when it gets to high for comfort, a new company may lower the rate to get you to join, only to repeat the process of increasing rates all over again.
We are at $680/year with Progressive on our 2018 CX5
This is a ridiculous thread. There are MANY variables to an insurance rate, including the COVERAGE purchased, the drivers' credit ratings, the drivers' driving records, the geographic location, etc. This original post is worth nothing, and the replies even less.My new car insurance renewal rate for March? $166.72/month
Male, 27, no tickets since 2010, and last major claim in 2015 (all paid for by the guilty SOB who rear ended me though). Only vehicle, and I'm the only driver.
My previous rate was $145. Which was previously $135 before I brought my comp. deductible down.
This sucks.
Alright, who's got a better rate...who's got a worse rate?
This is a ridiculous thread. There are MANY variables to an insurance rate, including the COVERAGE purchased, the drivers' credit ratings, the drivers' driving records, the geographic location, etc. This original post is worth nothing, and the replies even less.
This would be me, except accident-free for almost 50 years and ticket-free for 30 years.~ $1,350 per year. No tickets or accidents for >12 years. One car and one driver. Ed
This is a ridiculous thread. There are MANY variables to an insurance rate, including the COVERAGE purchased, the drivers' credit ratings, the drivers' driving records, the geographic location, etc. This original post is worth nothing, and the replies even less.
They kicked because it was a 3rd claim in 3 years. Which is true - it wasn't my fault. I just parked in a hospital and when I came out bang it was damaged. Hospital would not give me any video etc. No co-operation. SF did not bother verifying the guilty party but said we cannot renew it.I remember when that happened. They kicked you out for that?
There are certain profiles that get charged more. Its basically - if you can afford to pay 100 for this service, it is 100 dollars for this service. Buy a banged up old car and compare its liability with your newish car liability. The old car is a bigger risk than newer car.This would be me, except accident-free for almost 50 years and ticket-free for 30 years.
My credit rating is Excellent+++
I own a home and insurances are bundled.
When I moved from a highly congested area to one where I can go 20 miles and only encounter one stop sign, I thought my rates would drop. Nope.