2IS insurance costs (merged threads)
01-06-10, 10:49 AM
#301
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01-06-10, 12:49 PM
#303
Pole Position
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Location: SoCal 626, CA
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[QUOTE=Almost $1100 / Year with State Farm and full coverage at $100K / $300K and $250 deductible. [/QUOTE]
A few things contributed to the discount that's why it's so cheap. I also have the whole 10 yards for example medical, uninsured, rental, towing, again $250/250 deductible on both etc.
It consists of multiple car discount, home insurance, mature/good driver discount. So if this kinda fit under your category, let me know and I'll gladly give you the info.
A few things contributed to the discount that's why it's so cheap. I also have the whole 10 yards for example medical, uninsured, rental, towing, again $250/250 deductible on both etc.
It consists of multiple car discount, home insurance, mature/good driver discount. So if this kinda fit under your category, let me know and I'll gladly give you the info.
Last edited by loftus112; 01-06-10 at 12:56 PM.
01-06-10, 12:56 PM
#304
Driver School Candidate
Join Date: Aug 2009
Location: Corona California
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is this good for a lease insurance?
VEHICLES: DRIVERS:
1. 10 Lexus IS 250
Policy Period: 6 months.
Bodily Injury Liability: $50,000 per person, $100,000 per occurrence
Property Damage Liability: $50,000
Uninsured Motorist Bodily Injury: $50,000 per person, $100,000 per occurrence
Waiver of Collision Deductible
Comprehensive: $1,000 Deductible
Collision: $1,000 Deductible
Rental Reimbursement: $30 per day, 30 day maximum
Total Premium Including Fees: $811.90
The premium can be paid in full, or with an initial payment of $136.10
plus 5 monthly installments of $140.16.
VEHICLES: DRIVERS:
1. 10 Lexus IS 250
Policy Period: 6 months.
Bodily Injury Liability: $50,000 per person, $100,000 per occurrence
Property Damage Liability: $50,000
Uninsured Motorist Bodily Injury: $50,000 per person, $100,000 per occurrence
Waiver of Collision Deductible
Comprehensive: $1,000 Deductible
Collision: $1,000 Deductible
Rental Reimbursement: $30 per day, 30 day maximum
Total Premium Including Fees: $811.90
The premium can be paid in full, or with an initial payment of $136.10
plus 5 monthly installments of $140.16.
01-06-10, 02:59 PM
#305
- 23 year old male
- full time 3.0+ college student, 9 miles one way
- part time worker 2.3 miles one way
- full coverage, rental $24 per dat up to 20 days, tow, etc...
- $1000 deductable
- 2 speeding tickets in past two years
- 1 "at fault" accident with an 06' WRX, total loss, Farmers wrote a $23,500 check for me.
How much do I pay now?
$4,135.11 a year under my own name and for a 2006 IS350. I have my payments divided up so I pay $1378.37 every 4 months. I am with Farmers, and this is the only major company that will have me insured under my own name and only because I was under my dads policy, who has been with Farmers for many years. Also our agent is a family friend who does his best to get us discounts/keeping me insured.
So after May 2011, then will I start to see a drop as my record will be "clean" again.
- full time 3.0+ college student, 9 miles one way
- part time worker 2.3 miles one way
- full coverage, rental $24 per dat up to 20 days, tow, etc...
- $1000 deductable
- 2 speeding tickets in past two years
- 1 "at fault" accident with an 06' WRX, total loss, Farmers wrote a $23,500 check for me.
How much do I pay now?
$4,135.11 a year under my own name and for a 2006 IS350. I have my payments divided up so I pay $1378.37 every 4 months. I am with Farmers, and this is the only major company that will have me insured under my own name and only because I was under my dads policy, who has been with Farmers for many years. Also our agent is a family friend who does his best to get us discounts/keeping me insured.
So after May 2011, then will I start to see a drop as my record will be "clean" again.
01-06-10, 04:15 PM
#307
Driver School Candidate
Join Date: Jan 2010
Location: wa
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04 rx330
06 is350
85 GTS-R5
full covg
640 6mo policy for 2 drivers
why do you guys have such low deductibles??? are you all in areas prone to theft or in areas with bad drivers? ie low deductible = higher premiums, sure you have to come out of pocket with higher premium but over time with no issues you would have saved more money especially if nothing happens to begin with. just my .02
06 is350
85 GTS-R5
full covg
640 6mo policy for 2 drivers
why do you guys have such low deductibles??? are you all in areas prone to theft or in areas with bad drivers? ie low deductible = higher premiums, sure you have to come out of pocket with higher premium but over time with no issues you would have saved more money especially if nothing happens to begin with. just my .02
01-06-10, 06:28 PM
#308
Lexus Test Driver
sorry, so i pay 3600 for a year. with AAA im 19. i have 100/300 liability. $40 a day rental coverage, full towing, 100 deductible. the only reason that it is that cheap is because i am stil part of my parents coverage. if i go by myself and keep the same everything it goes to almost 5k. i have no idea why it is so high
The bean counters at the insurance company have figured out through the years that you're (statistically) a much higher risk than, say, the guy a few posts down from yours in Idaho.
01-07-10, 07:29 AM
#311
04 rx330
06 is350
85 GTS-R5
full covg
640 6mo policy for 2 drivers
why do you guys have such low deductibles??? are you all in areas prone to theft or in areas with bad drivers? ie low deductible = higher premiums, sure you have to come out of pocket with higher premium but over time with no issues you would have saved more money especially if nothing happens to begin with. just my .02
06 is350
85 GTS-R5
full covg
640 6mo policy for 2 drivers
why do you guys have such low deductibles??? are you all in areas prone to theft or in areas with bad drivers? ie low deductible = higher premiums, sure you have to come out of pocket with higher premium but over time with no issues you would have saved more money especially if nothing happens to begin with. just my .02
The comprehensive deductible has a very small impact on premiums, contrary to the collision deductible.
P.S. "full coverage" doesn't mean anything and can be interpreted in a large number of ways.
01-07-10, 07:33 AM
#312
Driver School Candidate
Join Date: Aug 2009
Location: Corona California
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but now i'm paying $250 a month full coverage 
01-07-10, 08:48 AM
#314
Your insurance is high because you're 19, presumably male, living in California, and driving a car with 300+ hp.
The bean counters at the insurance company have figured out through the years that you're (statistically) a much higher risk than, say, the guy a few posts down from yours in Idaho.
The bean counters at the insurance company have figured out through the years that you're (statistically) a much higher risk than, say, the guy a few posts down from yours in Idaho.
Just thought that was very interesting, so I thought I would share.
