Ridiculous insurance - Page 3 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

ps2ren · 11-06-2012, 09:30 AM

Quote:

Originally Posted by upflying

An 18 male and no job who wants a SS is the highest risk driver there is. Not saying the OP is high risk but your peers are. The insurance company actuaries blessed you as a high risk driver in a high risk car. Every time someone posts "I wrecked my Camaro" insurance goes up a notch for all. This ZL1 had less than 300miles.
$13,000 annual policy premium is synonymous with "pay to play".
When I was 18, I drove a '66 VW Bug.

OUCH >____<

I was driving my dads old Accord until 25, then jumped straight to Camaro once I saved up enough cash~ all paid off with one check
It also helps that I'm considered a "business owner" to the insurance companies
I even had a 22 mph over the speed limit ticket before and an average credit score for my age, the premium still remains around $1000 per year.

Scalded Dog · 11-06-2012, 09:49 AM

Shop around. Insurance companies' criteria for their rates vary wildly. For essentially the same level of coverage, the difference between one insurer and another can be HUGE. Shop around!!! It's a pain in the tail, but 15 minutes COULD save you... wait, just SHOP AROUND!

BowtieBelle · 11-06-2012, 10:07 AM

Why the heck would anybody pay $4,000 a year for insurance? In 5 years you could have bought a decent car with that...

ps2ren · 11-06-2012, 10:13 AM

Quote:

Originally Posted by BowtieBelle

Why the heck would anybody pay $4,000 a year for insurance? In 5 years you could have bought a decent car with that...

I know a Chinese kid in Boston paying 15k a yr of his parents' money for his base C6 corvette......
People who never earned money themselves have weird value systems...... another college kid was selling his 70k audi to pay for rent
In fact I know a ton of Chinese kids up there spending most of their college living money on sports cars, while their parents overseas write the checks
To most people a camaro means a few moths or over a year of work and less going out, to others it's just a few extra Email and phone calls

eggydoo · 11-06-2012, 10:22 AM

Thats about how much I was paying for a new car full coverage when I was in college for a sports car, but I was making decent money so it wasn't a big deal.
Pay to play.

SuperSport2011 · 11-06-2012, 10:24 AM

Quote:

Originally Posted by YUBslow

They are basically saying no thanks by charging you out the a$$. LOL.

...And the way you get back at them is by smashing the shyt out of that car the first day you get insured by them.

DarkneZZ · 11-06-2012, 10:33 AM

i'm 19 with a perfect driving record and my insurance is 6060 a year.
V6.

SimpleGreen · 11-06-2012, 11:13 AM

I pay $970 every 6 months, full coverage. 23 years old.

MyIBMssRS · 11-06-2012, 11:26 AM

Quote:

Originally Posted by MaroMike94

Tell me about it man. And yeah, I inherited a little bit of money when I turned 18. So I treated myself to a nice, American car.

That's a good way to spend an inheritance! Buy something that depreciates! Future be damned!

Mr. iNCREDIBLE · 11-06-2012, 11:38 AM

Quote:

Originally Posted by DataWave

My car was payed in full, i have a job. i have NOTHING on my driving record. and i pay 3.6k a year.
full coverage, all state. I'm still kind of regretting it.
its on lowest milage it can be too.
even if i didn't have full coverage it would only be a difference of like 100 dollars a year

Quote:

Originally Posted by MaroMike94

Somebody feels my pain

FWIW when I was 18 some 25 odd years ago I paid $3600 a year for a 1978 Trans Am.. Full coverage..

and 25 years ago $3600 was a lot more money so to speak, being minimum wage was $3.35 :(

Ringo64 · 11-06-2012, 11:38 AM

I'm 23 and I don't even pay half that to insure my Camaro plus my daily driver (Pontiac G6). Both are full coverage too

PIPE · 11-06-2012, 12:00 PM

There are many factors that come into play when it comes to Auto Ins. Age, Sex, Credit Score, and demographical area. If I were to move to the midwest with ALOT less to no traffic congestion my Ins would drop way down. Living in 1 of the worst areas for traffic and peoples driving habits dont help us here. I'm with Allstate and only pay 190 a month for Full coverage on my camaro, Brand new Toyota highlander, and my pontiac G6.

dangjohnny · 11-06-2012, 12:19 PM

Good job making me feel great about turning 32 on Thursday!

=Stephens= · 11-06-2012, 12:25 PM

You will hate me, I am 39 no tickets no accidents, married with 2 children. I pay 600 a year full coverage. Credit score 829, multi car discount, multi policy discount. Live in Nebraska drive my V6 all year long with a 1000 deductible. I am with Farm Bureau Insurance Company.

11-06-2012, 10:07 AM	#31
BowtieBelle They see me trollin'... Drives: 217 ci of fury; Chauffeured by SS Join Date: Jul 2011 Location: Oklahoma Posts: 13,876 View My Garage	Why the heck would anybody pay $4,000 a year for insurance? In 5 years you could have bought a decent car with that... __________________ "Never race anything you can't afford to light on fire and push off a cliff." -CamaroSpike 2011 Custom LT/RS: Bella's Build Thread

11-06-2012, 11:13 AM	#36
SimpleGreen Drives: 2015 2SS/RS Join Date: Apr 2012 Location: Southeast Louisiana Posts: 2,112	I pay $970 every 6 months, full coverage. 23 years old. __________________ 2015 Camaro 2SS/RS SIM 2016 Jeep Wrangler 2DR Willys Wheeler 1993 C1500 Single Cab Stepside 5.3L LS Swap

11-06-2012, 11:38 AM	#39
Ringo64 Forever Pontiac Drives: 2012 Black 2SS/RS Join Date: Oct 2010 Location: Naples, FL Posts: 1,389	I'm 23 and I don't even pay half that to insure my Camaro plus my daily driver (Pontiac G6). Both are full coverage too __________________ Progression thread My Camaro's Grrgd

11-06-2012, 12:00 PM	#40
PIPE Hating prius's since 1997 Drives: 2010 Camaro 2SS/RS (JENNA) Join Date: Apr 2011 Location: Maryland Posts: 1,039	There are many factors that come into play when it comes to Auto Ins. Age, Sex, Credit Score, and demographical area. If I were to move to the midwest with ALOT less to no traffic congestion my Ins would drop way down. Living in 1 of the worst areas for traffic and peoples driving habits dont help us here. I'm with Allstate and only pay 190 a month for Full coverage on my camaro, Brand new Toyota highlander, and my pontiac G6. __________________ PIPE

11-06-2012, 12:19 PM	#41
dangjohnny Drives: ‘21 ZL1 1LE 6MT Join Date: Jul 2012 Location: Floribama Posts: 622	Good job making me feel great about turning 32 on Thursday! __________________ ZL1 1LE Black - 6MT - PDR - Nav - Michelin PS4s

11-06-2012, 09:49 AM	#30
Scalded Dog Drives: 2011 1LT Join Date: Mar 2012 Location: Crestline, CA Posts: 3,029	Shop around. Insurance companies' criteria for their rates vary wildly. For essentially the same level of coverage, the difference between one insurer and another can be HUGE. Shop around!!! It's a pain in the tail, but 15 minutes COULD save you... wait, just SHOP AROUND!

11-06-2012, 10:22 AM	#33
eggydoo Drives: 2010 Camaro SS Join Date: Nov 2008 Location: Dallas, TX Posts: 629	Thats about how much I was paying for a new car full coverage when I was in college for a sports car, but I was making decent money so it wasn't a big deal. Pay to play.

11-06-2012, 10:33 AM	#35
DarkneZZ Drives: '13 Camaro 2LT/RS Join Date: Sep 2012 Location: Los Angeles Posts: 390	i'm 19 with a perfect driving record and my insurance is 6060 a year. V6.

11-06-2012, 12:25 PM	#42
=Stephens= Drives: 2011 LS Join Date: Feb 2011 Location: Kearney, Nebraska Posts: 3,544 View My Garage	You will hate me, I am 39 no tickets no accidents, married with 2 children. I pay 600 a year full coverage. Credit score 829, multi car discount, multi policy discount. Live in Nebraska drive my V6 all year long with a 1000 deductible. I am with Farm Bureau Insurance Company.