Insurance Rates Revisited! - Page 3 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

EllwynX · 02-06-2009, 09:37 PM

Quote:

Originally Posted by ArcAngel

You guys are so lucky living outside of NJ we pay those numbers a month !!!!! My 2007 Cobalt SS I pay 279 a month!!!! The Camaro I was told would be like 350

While it's true that NJ has the highest Auto Insurance Rates, it's not really as bad as it seems from your post. For someone under 25 what you said is quite true.

How old are you? After I turned 25 my insurance dropped drastically.

Take into account I work for the NJ Dept. of Corrections so have access to NJM Inusrance Co. (though a lot of non-state jobs have access also, ask your employer if they have access to NJM). But I was paying $1000 a year 6 years ago (I was 28) on my '02 V6 Camaro. My Aveo is about $800 a year. And my limits are generally on the higher side (I forget exact, but they're in the hundred's of thousands. 100,000/300,000 comes to mind for part of it.)

I expect my new SS to be $1400 at most.

Ject · 02-06-2009, 09:38 PM

Quote:

Originally Posted by 1982camaro

seems too cheap, i would double check

I've got the quote on paper if you'd like a picture of it, I have a flawless record. plus Im a year older and state farm gives a discount @ 23 yrs old. Plus if you are in college you could qualify for student discount most likely.

fad1 · 02-06-2009, 09:43 PM

Quote:

Originally Posted by Ject

Probably SImilar to what mine is/will be.....

My payments for full coverare and a 100/500 deductable...
will be $97 monthly..
$580ish every 6 months
and I'm 23 yrs old, no accidents or tickets before. (this is with state farm)

Dude thats awesome, I will probably be in the same situation as you when I get my car. Thats not bad at all.

LnLSS · 02-09-2009, 11:10 AM

Just talked to my insurance agent down here in Orlando Florida she quoted me on the v6 $959 a year through my carrier Met Life. I'm 46 with a safe driving record. This is about the same I pay on my Monte now and other issurance carries have quoted me up to $300 less for that but I really don't trust them plus Met takes direct from my pay weekly. That is a convience I pay for I guess.

jeffny09 · 02-09-2009, 11:19 AM

i just switched to geico-370 for 6 months on my maxima
( i dont have the greatest record) and about 600 for the camaro
950 all togther for both cars

Croathlete · 02-09-2009, 11:42 AM

Quote:

Originally Posted by jeffny09

i just switched to geico-370 for 6 months on my maxima
( i dont have the greatest record) and about 600 for the camaro
950 all togther for both cars

Are you 25 yet?

Mr_Draco · 02-09-2009, 12:21 PM

Quote:

Originally Posted by 1982camaro

seems too cheap, i would double check

That's about the same I was quoted.

24 years old (getting ready to turn 25), 100% perfect record, State Farm as well.

2SS - roughly $100 a month
2LT - roughly $85 a month

My agent said that those numbers will be +/- $5

diddiyo · 02-09-2009, 12:41 PM

when i was looking into the challenger r/t i was quoted $850 / 6mo from an allstate agent and $1400 from my progressive agent. 100/300/50, $500 deductable. i would guess the V6 camaro should be less than that.

25yo, clean record, but only have my license for about three years now.

Croathlete · 02-09-2009, 01:19 PM

Quote:

Originally Posted by Mr_Draco

That's about the same I was quoted.

24 years old (getting ready to turn 25), 100% perfect record, State Farm as well.

2SS - roughly $100 a month
2LT - roughly $85 a month

My agent said that those numbers will be +/- $5

Do they finally have the Camaro in the system, or is this still based off the Mustang?

DarrenJ · 02-09-2009, 01:24 PM

Wow, you guys are good! I'm a State Farm agent and have been checking to see if the new Camaro has been posted yet, sure enough it has! My 6 month rate will be a little over $25.00 higher than the 2008 HHR I currently have insured.

Croathlete · 02-09-2009, 01:41 PM

Quote:

Originally Posted by Mr_Draco

That's about the same I was quoted.

24 years old (getting ready to turn 25), 100% perfect record, State Farm as well.

2SS - roughly $100 a month
2LT - roughly $85 a month

My agent said that those numbers will be +/- $5

Looks like location plays a huge role. I turn 25 in June, also perfect record.

SS - $230 a month for basic

Banshee · 02-09-2009, 01:45 PM

Maybe some of you guys know this, maybe not..

Your FICO score also has an impact on your rate. I have a 749 FICO right now. I had my same agent run me when I had a 690 and the rate was $170 higher, 6 month. As well, your best bet is to have your house, cars and whatever else insured with the same company. I don't know if it matters, but I initially saved $480 a year by switching to an exclusive agent, but my rated dropped yet again when I was up for renewal and my FICO score increased. That saved me another $17 a month on the T/A and $12 a month on the Harley. So by having an increase in my FICO score of 58 saved me a total of $828 a year. My SS policy will be $419, 6 month, $69 a month, full coverage.

Insurance companies have a similar scoring. You could have two people, same car, same state, same driving history in length and 0 points. "A" has a credit score 650, "B" 780. 780 will pay much much less, common sense.

I suggest having your FICO score checked to get the best insurance rates at time of initial policy. If it is bad now, you can improve it by the time car is delivered. I pay $80 a year to monitor my credit and accounts at www.myfico.com. Great tool to have to call insurance companies to adjust rates, credit card companies to lower APR and have a printout when shopping for an auto loan.

Mr_Draco · 02-09-2009, 01:46 PM

Quote:

Originally Posted by Croathlete

Do they finally have the Camaro in the system, or is this still based off the Mustang?

Depends on where you live. The big cities I've noticed have it in the system but the small towns don't.

Croathlete · 02-09-2009, 01:51 PM

Quote:

Originally Posted by Mr_Draco

Depends on where you live. The big cities I've noticed have it in the system but the small towns don't.

I've just went to all the major insurance websites...state farm was the only site that had it as an option for me.

02-09-2009, 11:19 AM	#33
jeffny09 Drives: 2010 camaro Join Date: Nov 2008 Location: new york Posts: 5,618	i just switched to geico-370 for 6 months on my maxima ( i dont have the greatest record) and about 600 for the camaro 950 all togther for both cars __________________ top 10 reason why real men drive stick. 10. A manual transmission is the ultimate in control 9. You can use automotive jargon and not sound like a total tool 8. You can't spell "manual" without "man" 7. Manual transmissions prove you can do more than one thing at a time 6. You can't drift in an auto 5. You can't pull fancy moves in an automatic 4. You get better fuel economy with a stick 3. You’ll never look like a chump if you can drive stick 2. Manual transmission cars are faster 1. Women like a guy who is good with his hands.

02-09-2009, 01:45 PM	#40
Banshee Institutionally Insane Drives: 2013 IOM 2SS/RS 1LE Join Date: Feb 2009 Location: Detroit MI Posts: 2,115 View My Garage	Maybe some of you guys know this, maybe not.. Your FICO score also has an impact on your rate. I have a 749 FICO right now. I had my same agent run me when I had a 690 and the rate was $170 higher, 6 month. As well, your best bet is to have your house, cars and whatever else insured with the same company. I don't know if it matters, but I initially saved $480 a year by switching to an exclusive agent, but my rated dropped yet again when I was up for renewal and my FICO score increased. That saved me another $17 a month on the T/A and $12 a month on the Harley. So by having an increase in my FICO score of 58 saved me a total of $828 a year. My SS policy will be $419, 6 month, $69 a month, full coverage. Insurance companies have a similar scoring. You could have two people, same car, same state, same driving history in length and 0 points. "A" has a credit score 650, "B" 780. 780 will pay much much less, common sense. I suggest having your FICO score checked to get the best insurance rates at time of initial policy. If it is bad now, you can improve it by the time car is delivered. I pay $80 a year to monitor my credit and accounts at www.myfico.com. Great tool to have to call insurance companies to adjust rates, credit card companies to lower APR and have a printout when shopping for an auto loan. __________________ It's got a cop motor, a 440 cubic inch plant, it's got cop tires, cop suspension, cop shocks. It's a model made before catalytic converters so it'll run good on regular gas. What do you say, is it the new Bluesmobile or what?

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
2010 Camaro Coupe Insurance Rates	GM4LIFE	Camaro Price \| Ordering \| Tracking \| Dealers Discussions	103	04-10-2009 08:46 AM
And Another Car Crash...	GTAHVIT	Off-topic Discussions	73	01-12-2009 12:43 PM
insurance joke...	CaptianSam	General Automotive + Other Cars Discussion	5	10-26-2008 03:05 PM
Insurance Rates --	Casull	Off-topic Discussions	21	08-25-2007 04:35 PM

02-09-2009, 11:10 AM	#32
LnLSS Mid-Florida Camaro Club Drives: 2015 Red Hot ZL1 Join Date: Jul 2007 Location: Orlando Fla Posts: 2,581 View My Garage	Just talked to my insurance agent down here in Orlando Florida she quoted me on the v6 $959 a year through my carrier Met Life. I'm 46 with a safe driving record. This is about the same I pay on my Monte now and other issurance carries have quoted me up to $300 less for that but I really don't trust them plus Met takes direct from my pay weekly. That is a convience I pay for I guess.

02-09-2009, 12:41 PM	#36
diddiyo Drives: . Join Date: Jun 2008 Location: . Posts: 3,048	when i was looking into the challenger r/t i was quoted $850 / 6mo from an allstate agent and $1400 from my progressive agent. 100/300/50, $500 deductable. i would guess the V6 camaro should be less than that. 25yo, clean record, but only have my license for about three years now.

02-09-2009, 01:24 PM	#38
DarrenJ Drives: '67 Camaro ZZ4 & 2010 IOM 2SS Join Date: Oct 2008 Location: Real World USA Posts: 582 View My Garage	Wow, you guys are good! I'm a State Farm agent and have been checking to see if the new Camaro has been posted yet, sure enough it has! My 6 month rate will be a little over $25.00 higher than the 2008 HHR I currently have insured.