Can You Guess How Much I Pay For Insurance?

[velociSSimo]

I'm 34, clean record with 2011 Truck, 2010 SS, and a boat. $140/mo with State Farm.

And I'm on the bandwagon. With all those degrees you'd think there would be some common sense!

[Caspers2SSRS]

Originally Posted by 1BADLS3

The thread isn't fishy at all.

Sounds like a typical 20 year old kid who hasn't had his soul crushed by having to pay his own way yet. $1300/month really isn't much if you have no other expenses and someone else's home to live in.

Like I said...$1300/month for insurance..wow..just sell the car and buy something cheap. It's not worth it at all.

If you're living in your folks' home and they're not there, use the opportunity to save up for your own place. I couldn't imagine being under my folks' roof at age 20.

Hmmmmmmmm.......At age 20, single tax bracket is the highest on wages, supposing the $1300.00 for the insurance is all he earns net, thats equates to roughly $550.00 per week alone in before taxed gross wages. I'd take a stab and say that $550.00 in weekly wages is tops for a very very bright and energetic ( and we aren't talking Bill Gates), full time college student (99 percentile)............if he pays all the other household bills while his folks are cruising Latan America ( and we can assume if they can afford that, it isn't a tiny shack), phone, internet, utilites, taxes, and maintenance let alone anything else, double that amount to after tax costs of at least $2600.00. Then figure in the monthly costs ( Remember this kids got expensive tastes and habits like Midas ) food, clothing, entertainment, dating, basic school expenses, a allotment for personal items, misc toys, gadgets and communication devices....toss in a mimimum of another $2000.00 per month and you'd come up with a bare bones need of about $4600.00 in after taxed earnings or 7-9k in before taxed gross wages.................No way is a child earning that sort of disposable income....no way, nor does he have enough free time to. I'll call too!~ and I'm pretty naive and gullable otherwise usually and yes the thread stinks, like dead fish.......really old Mackerel.

[Willt1984]

I call Nestle's Tollhouse Shenanigans on this one..

[atver22]

28 no tickets in the last 3 yrs. Its my second vehicle. I pay 1800$ per year for my 06 avalanche, 2011 2SS, and $10,000 Custom aluminum car hauler combined. General casualty insurance.

[mark2526]

I could understand if he was driving a ZR1.

[leviticus88]

Originally Posted by Mr24G

I HATE ALL OF YOU GUYS WITH ALL THAT NICE NON-INSURANCE MONEY BURNING HOLES IN YOU POCKETS

I pay $7850 per six months

Do the math thats roughly $1300 PER MONTH!!!!!!

I don't Even pay that much a Month for the Following:
23 Years Old, Single
Mortgage (Including PITI and HOA)
Auto Insurance (2 Cars Full Coverage, One of which is faster than a SS Camaro, 1 Motorcycle Full Coverage, 4 Speeding Tickets 3-5 Years Ago, a Totaled 2009 Silverado That was My Fault, 3 Other Wrecks 2 of which are my fault)
Harley Davidson Payment

[ron10]

Originally Posted by Mr24G

So, I'm a 20 year old male with a 2011 2SS/RS Convertible, State Farm Insurance, from Chicago, un-married, 4 speeding tickets, (from when I was 17-19), 2 traffic violation tickets, 2 not at fault major accidents, still making payments, full coverage, and Under my name...Take a nice guess how much I pay?

How much are you guys paying for your insurance?

think if i were you,i would trade my car for a bicycle for a while.

[talwell]

Originally Posted by 67motorcat

Ive had this kind of policy before(Hagerty) with my other "old" Camaros and know about the restrictions.

But how on a new Model? I didn't think it was possible.

Not to jack the this odd thread or anything,but if you enlighten us here there would be a made rush for a collector policy with me in line first!

There is a huge amount of restrictions on the policy. The car must be stored in a garage, must accumulate less than 2000 miles per year and can only be used for recreational and show.

Being that in 2.5 years I have only put 500 miles on my car and it has virtually never left the garage I qualify. 99.9% of owners would not qualify.

I have not had to use them for this car - but I did purchase a 1971 Cuda that was damaged in transit and without even being listed on my policy yet they covered it without issues.

[Caspers2SSRS]

BURNING HOLES IN YOU POCKETS

I'm thinking,,,,,,,,and I've got a 3rd grade ed-u-ma-ka-tion, a IQ of 63-1/2 along with being deaf, dumb and blind..........that the "YOU POCKETS", Spoken in my best Paul Harvey sounding voice....... tells the rest of the real story.

[its a syn]

send me 1300 a month and don't wreck your car for 6 years and both me and you will have an additional camaro!!! that's to put it in perspective. me i pay 75 a month.

[67motorcat]

Originally Posted by talwell

There is a huge amount of restrictions on the policy. The car must be stored in a garage, must accumulate less than 2000 miles per year and can only be used for recreational and show.

Being that in 2.5 years I have only put 500 miles on my car and it has virtually never left the garage I qualify. 99.9% of owners would not qualify.

I have not had to use them for this car - but I did purchase a 1971 Cuda that was damaged in transit and without even being listed on my policy yet they covered it without issues.

I gotcha.....
I figuered there was more to the story.

It was a great deal on my "old" Camaros and such before I got this one.
I had a 5000 mile per year limit which is about what seems I will be putting on my early 2011 purchased in Aug. of 2010.

I'm sorry,I have to drive mine more than 500 miles in 2 1/2 years

I thought maybe there was a way since it's my "weekend" playtoy and not my daily driver...which is also a requirment.

[air1kdf]

Accidents stay on your record for 39 months.

Nothing adds up here.

[suplex]

I am 41, live in NJ, Single, and I pay $633.80 per six months. I'm sure I'd pay less if I was married, but I guess what I pay isn't all that bad. Comes out to $105.63/Month.

Oh, I use Geico by the way.

[air1kdf]

A quick search shows the OP...

1. Got his car around Nov 14th this year.
2. Owns a 2010 Escalade ESV.
3. Is looking for 26 rims.
4. Is storing it for the winter.

I say is NOT paying that much money for storage insurance. Why would you buy a car to store it at those rates?

Maybe I just misread something.