Insurance Premium Went Up - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Havok · 05-27-2010, 04:23 PM

Quote:

Originally Posted by formuladan

Just got my 6 month renewal notice. Went up $15 from last time. It's around $800 a year now.

All you bad Camaro drivers need to stop crashing your cars. Your raising my rates. As the old guy on Hill Street Blues used to say, "lets be careful out there".

I'm 24 and I pay that every 6 months.

GaryTucker · 05-27-2010, 04:43 PM

And it will continue to go up... The insurance companies were just "guessing" when they established rates. They now have a year of data and unless people quit wrecking these cars...the rates will go up. Every sports car sees this at some point in its lifecycle.

DS1937 · 05-27-2010, 04:51 PM

Quote:

Originally Posted by longbeachss2010

i pay 800 every 6months and another 1200 for my pick and motorcycle.total of 2000 a year in just insurance.

If you pay $1600 a year for the Camaro & $1200 for the pick-up and bike, thats $2800 assuming the $1200 is yearly not every 6 months too. How do you get $2000 a year for insurance?

ChevyManNate · 05-27-2010, 05:14 PM

I got two widely varying quotes. The first was $816 every 6 months and the one I took was $328 every 6 months. And they are for the same exact coverage too.

longbeachss2010 · 05-27-2010, 05:15 PM

Quote:

Originally Posted by DS1937

If you pay $1600 a year for the Camaro & $1200 for the pick-up and bike, thats $2800 assuming the $1200 is yearly not every 6 months too. How do you get $2000 a year for insurance?

yea its 1600 for the camaro year round. the pick up 1300 year round and 700 for street bike. so total of 3600 year round?

oh yea just turn 22 last week. so im a high risk.

TooTall · 05-27-2010, 05:20 PM

I went from a 2008 colbalt to the 2010 camaro with the exact same coverage and my insurance stayed flat at just over $700/year

Kinetic Kev HWSE 2013 · 05-27-2010, 05:22 PM

My premium went up 5 cents to 152.75 a month for 2 cars.

i007spectre · 05-27-2010, 06:37 PM

mine went down from my scion tc to the camaro.

Patfan1987 · 05-27-2010, 06:48 PM

$120 a month clean record and im 23...

Synerbee · 05-27-2010, 06:50 PM

I got a quote for v6 LT for my first car. it would be $4800 a year for me. So my name definitely not going on the car

Jason@JacFab · 05-27-2010, 07:12 PM

$666 and change a year for my Camaro. I'm 25.

I think you need to switch insurance companies...

yzfmik · 05-27-2010, 07:15 PM

Quote:

Originally Posted by Onereign

You must've had tons of extra HP stickered onto that Civic!

For some reason Civic's are high. I went from:
'00 Trans Am to '06 Civic EX...Insurance went up
'06 Civic EX to '05 Mustang GT...Insurance went down
'05 Mustang GT to '08 Civic EX-L...Insurance when up
'08 Civic EX-L to '10 Camaro...Insurance went down.

My wife...
'05 Expedition EB to '08 Civic EX-L...Insurance went up
'08 Civic EX-L to '06 Expedition Limited...Insurance went down

Must be all the kids wrecking them and high theft rates perhaps!

GaryTucker · 05-27-2010, 07:39 PM

The civic rates are just that...thefts and wrecks. I'm sure the insurance companies consider tickets (not to you, but to the population that own the same car you do) also in the "mix" to determine base rates (not sure as I'm not an actuary, but that makes sense as statistics could demonstrate a propensity to drive "recklessly" in a certain vehicle type and total tickets for the population of those drivers could signal a need to increase premiums on the whole.

Russo · 05-27-2010, 07:53 PM

insurance rates fluxuate alot... i'd like to know if you had the same coverages when you switched vehicles... i pay about 1300 a year for full coverage from State Farm with moderate full coverage...

05-27-2010, 05:20 PM	#20
TooTall Drives: 2010 Synergy Green Join Date: May 2010 Location: St. Louis (South County) Posts: 15	I went from a 2008 colbalt to the 2010 camaro with the exact same coverage and my insurance stayed flat at just over $700/year __________________ Larry St. Louis

05-27-2010, 06:48 PM	#23
Patfan1987 CGM is the Best! Thx GM Drives: 2010 2LT RS Camaro, Auto + Sunroof Join Date: Jul 2009 Location: MA Posts: 513 View My Garage	$120 a month clean record and im 23... __________________ Proud Owner of a CGM 2 LT/RS Auto Transmission w/Sunroof and Spare Tire

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05-27-2010, 04:43 PM	#16
GaryTucker Drives: 09 Vette GT1, 06 350Z, 82 MSE Join Date: Jul 2009 Location: Oklahoma Posts: 573	And it will continue to go up... The insurance companies were just "guessing" when they established rates. They now have a year of data and unless people quit wrecking these cars...the rates will go up. Every sports car sees this at some point in its lifecycle.

05-27-2010, 05:14 PM	#18
ChevyManNate Drives: 2010 Camaro 2LT/RS Rally Yellow Join Date: Mar 2010 Location: Atlanta, GA Posts: 25	I got two widely varying quotes. The first was $816 every 6 months and the one I took was $328 every 6 months. And they are for the same exact coverage too.

05-27-2010, 05:22 PM	#21
Kinetic Kev HWSE 2013 Drives: 2013 Hot Wheels Special Edition Join Date: May 2009 Location: Auburn,Mass Posts: 1,332 View My Garage	My premium went up 5 cents to 152.75 a month for 2 cars.

05-27-2010, 06:37 PM	#22
i007spectre Drives: 2016 2SS, 2008 HHR ECTO-2H Join Date: Aug 2009 Location: Springfield, Mo Posts: 1,935 View My Garage	mine went down from my scion tc to the camaro.

05-27-2010, 06:50 PM	#24
Synerbee SoCal Headturners Drives: 2010 SGM Join Date: Mar 2010 Location: Anaheim Hills, California Posts: 5,788	I got a quote for v6 LT for my first car. it would be $4800 a year for me. So my name definitely not going on the car

05-27-2010, 07:12 PM	#25
Jason@JacFab Drives: 2016 1LT RS Camaro; 72 Chevelle Join Date: Apr 2008 Location: Central Point, OR Posts: 5,685 View My Garage	$666 and change a year for my Camaro. I'm 25. I think you need to switch insurance companies...

05-27-2010, 07:39 PM	#27
GaryTucker Drives: 09 Vette GT1, 06 350Z, 82 MSE Join Date: Jul 2009 Location: Oklahoma Posts: 573	The civic rates are just that...thefts and wrecks. I'm sure the insurance companies consider tickets (not to you, but to the population that own the same car you do) also in the "mix" to determine base rates (not sure as I'm not an actuary, but that makes sense as statistics could demonstrate a propensity to drive "recklessly" in a certain vehicle type and total tickets for the population of those drivers could signal a need to increase premiums on the whole.

05-27-2010, 07:53 PM	#28
Russo Unofficial Glass Tech Drives: 2014 Ford F150 FX2 Join Date: May 2009 Location: Raceland, LA Posts: 1,376	insurance rates fluxuate alot... i'd like to know if you had the same coverages when you switched vehicles... i pay about 1300 a year for full coverage from State Farm with moderate full coverage...