Odd Insurance
08-02-2003, 06:07 AM
#1
Registered User
Thread Starter
iTrader: (1)
Join Date: Jul 2003
Location: Richmond, VA
Posts: 1,170
Likes: 0
Received 0 Likes
on
0 Posts
Odd Insurance
Not that I'm complaining, but see if this makes sense to anybody. I'm insured with Allstate and apparently I am in good hands. I'm 28, homeowner (well I give the bank a lot of money for 30 years and they let me live here), multi-policy (both car and house) and now have 3 cars, breakdown below:
1996 Jeep Grand Cherokee Limited - ~$320/6mo.
1996 Volkswagen Jetta GLS - ~$300/6mo.
2003 350Z Performance Redline - $279.41/6mo.
Anybody have a clue why the insurance is less on a $30K red sports car than on a green 1996 4 cylinder 4hp Jetta? I didn't list it as a weekend driver or anything.
Just Curious,
HokieZ
1996 Jeep Grand Cherokee Limited - ~$320/6mo.
1996 Volkswagen Jetta GLS - ~$300/6mo.
2003 350Z Performance Redline - $279.41/6mo.
Anybody have a clue why the insurance is less on a $30K red sports car than on a green 1996 4 cylinder 4hp Jetta? I didn't list it as a weekend driver or anything.
Just Curious,
HokieZ
08-02-2003, 06:30 AM
#2
Registered User
Join Date: Jun 2003
Location: Richmond, VA
Posts: 279
Likes: 0
Received 0 Likes
on
0 Posts
We had about the same experience. I think it might be a couple of reasons. First, the car is rated very well in all the crash tests, second, it's a Nissan which is typical fairly low down the stolen cars list and third, since it's a new model there isn't any bad history.
08-02-2003, 07:32 AM
#3
Registered User
iTrader: (1)
Join Date: Jun 2003
Location: Kirkland, WA (Seattle)
Posts: 530
Likes: 0
Received 0 Likes
on
0 Posts
Yup, I bet it's the stolen cars factor. (I'm not an expert, this is just my guess.)
Accords and Camrys get stolen a lot more than Corvettes and Mustangs. Probably because there is a much bigger market for the parts.
I'll bet the same applies to the Jetta vs. Z.
Accords and Camrys get stolen a lot more than Corvettes and Mustangs. Probably because there is a much bigger market for the parts.
I'll bet the same applies to the Jetta vs. Z.
08-02-2003, 11:29 PM
#5
Registered User
Join Date: Jul 2003
Location: Midwest
Posts: 38
Likes: 0
Received 0 Likes
on
0 Posts
When I went for insurance my SpecV I tried to tell her that it's what I'll mainly be driving. She stopped typing and said "you don't want to do that, let's make the S-10 the main driver", it's a '94. Don't know what it would have been the other way but from the way she said it, it wouldn't have been good. 
And I don't know about the Volks but that GC is big on the stolen list...
And I don't know about the Volks but that GC is big on the stolen list...
08-03-2003, 12:55 AM
#6
Registered User
Join Date: Apr 2003
Location: Eastern PA
Posts: 940
Likes: 0
Received 0 Likes
on
0 Posts
Talk about ODD. I'm looking at getting a "junker" for the winter. well, with the multi car discount I'll get, plus putting the "junker" on as the primary car. My insurance will go DOWN with 2 cars on the policy...
Hmm maybe I'll buy a few MORE cars and see how low I can get the insurance...
Hmm maybe I'll buy a few MORE cars and see how low I can get the insurance...
Thread
Thread Starter
Forum
Replies
Last Post