Outrageous Insurance rates?

[DerrickCaracter]

Is this true? My friend seems to think they will be through the roof? (I'm 27)

[JTP]

It depends on much more than just age. Location, driving record, type of use, age, gender, where it is stored, etc. Atleast you're over 25 so that's one +1 for you.

[yelojkt]

I just got quoted a rate of $316.00 for 6 months ($500 deductible) for full coverage on a 2000 S with 60,000 miles. I am 45 with one ticket on my record. I was just quoted this a few hours ago in Wichita, KS. I really believe that I can find it even lower. But like it was stated there are alot of variables. How old or new is the car you are looking at? How old are you? Whats your driving record like? It's best to just call and ask your agent. Oh by the way that quote is about the same price I am now paying for my 2000 NB 1.8T with 200,000 miles on it. Time to start shopping for new insurance.

[Gforrest2]

I was pleasantly surprised by my rate. I was expecting it to be way up there but it turned out to be just a little more than my wife's '07 Forester. I'm 50, no tickets, one accident, '03 base. Full coverage, 250 deductible, I think around $600 for six months, pleasure use only.

[dirkdiggler]

Im 27 and my insurance on my Boxster was cheaper than my old beat up 1992 Lexus SC400 winter car believe it or not.

Not sure how that makes sense but Progressive surprised me.

My new winter car (2003 Lexus IS300) is even alot more than the Boxster and SC400.

Insurance is a weird thing!!

[BMAN_986]

+1

My Boxster was cheaper by at least $100 than my old Acura Integra 3-Door Special Edition. The lady at the insurance company couldn't believe it!

I'm 38, married, with kids but have only been the US for 3 years so no insurance history.

:-)

[ekam]

Originally Posted by dirkdiggler

My new winter car (2003 Lexus IS300) is even alot more than the Boxster and SC400.

Insurance is a weird thing!!

Some kids pay up to $5000 a year here for the IS. They're usually under 25 Asian males(= can't drive). Obviously $5000 is nothing when their rich parents pay for everything.

[seningen]

If you have a current insurance company -- just call them up and ask what it would cost?

I can even do mine online

mike

[coreseller]

I'm 47, married, no violations for 20 years (knock on wood), pay $384 per year on '02 Boxster S as pleasure vehicle with $1k deduct. Rates on cars prior to the Boxster; C5 ZO6 $1000, '01 Mustang Cobra $1600, the insurance symbol for the car determines the rate. My 16 year old son's rate on an '08 Corolla, $1500 with all applicable discounts.

[Jake D]

I'm 25, Single, and have a 00 S. On my record includes an at fault wreck that happened on my chopper, and even a DUI that I got last year after having 2 beers then leaving my staff Christmas party.

I have Progressive full coverage with $500 deductable and I pay $62 a month for the car and $18 for the bike.

[yelojkt]

Originally Posted by coreseller

I'm 47, married, no violations for 20 years (knock on wood), pay $384 per year on '02 Boxster S as pleasure vehicle with $1k deduct.

I will work for a quote like this, that is half of what I was quoted with twice as much deductable. I could certainly do a $1000.00 deductable though to save $300.00 a year.

[Perfectlap]

By the way,

question for all:

At what point in the Boxster's value do you stop adding theft and collision on the car? The guy from one insurance company said they no longer require a visual inspection on a full coverage car if its older than 7 years.

[jonnycool]

We pay £320 per year fully comp but with limited mileage, I think it's 5000 miles. I'm 43 my wife's ummm... I'm not allowed to tell anymore

[Bladecutter]

Originally Posted by Perfectlap

By the way,

question for all:

At what point in the Boxster's value do you stop adding theft and collision on the car? The guy from one insurance company said they no longer require a visual inspection on a full coverage car if its older than 7 years.

When I can afford to replace the car out of pocket.
Until then, let the insurance company take that risk.

BC.

[JTP]

Location is a huge factor. I was paying the same rate for my Boxster and VW GTI in Alaska. Moving to Baltimore doubled my premiums. Switched to USAA and it dropped but still quite a bit more than Alaska. I have a clean record too.