infinite

iTrader: (3)

i have a 2002 civic sedan LX-G(BTW: they don't know my car is lowered or that it has any mods). i currently have full coverage with a $500 deductible. i've had no accidents, claims, tickets or anything and my premium has gone up each of the last three years from $230 to $256 to the current rate of $287 per month. i called them and the broker told me that all car insurance rates have gone up and that their rates were too low in the past few years.

i'm 28 and i have a clean driving record. am i getting ripped off here?
i checked with a few companies and they are all still higher than what i am paying now? anybody have any reccommendations for insurance companies with good rates?

TeLLy

iTrader: (23)

I'm with Meloche Monnex (soon to be working for them too), paying $165 and change per month, 7 years no accidents or tickets, and no mods on record (tee hee). And that rate is down from the 180+ per month I was paying last year.

EŽik

Dude your get bamboozled

28 and your paying 280??

switch insurance companies. My rate went up in '02 and their excuse was "there have been alot of claims on your model car" It dropped the next year by 80 bucks I'm now paying 135ish

Karumba

iTrader: (7)

Wow .. I don't feel bad with what I'm paying here in Quebec..

I'm $146 with full coverage and 250 deductible.. have one accident (partially at fault) on record with it as well -- thankfully they don't know about my one speeding ticket. I'm only 24 so I feel I should be higher than you - as I'm under the 25 bubble year (that and the fact that I'm paying extra for insurance to cover me if I drive another person's car, rental, etc..)

Oh well .. might be because of our no-fault policy, but damn that'd hurt to have to pay.

jer2k

iTrader: (6)

Its even worse because you are supposed to get 10% off when you renew in 2005.

Look into another company.

Pluto

iTrader: (1)

How exactly does your insurance not know about your speeding ticket?

I'm paying $95 / mo with State Farm for my '02 civic - I'm 26

I also have insurance for my wife's car and house insurance with them which might explain the lower rate. (multi-line discount)


I'm thinking of raising my deductible for collision from $500 to $1000 - will save about $90 per year... with the way insurance jacks up your rates after any at-fault accident these days, best to keep your dedictibles high and pay for anything minor yourself and pocket the premium savings.

Jrfish007

iTrader: (3)

That depends, you may save money only if you don't have to pay the deductible in the next 6 years right? at $90 a year, it will take a little less than 6 years to save the $500 that will be loosing if you actually do have to through a claim.

But man you guys pay alot. I pay $308 a month, but I have an '04 Accord, '04 Civic EX, '03 Civic EX and a '93 Accord with 3 drivers all on my insuance. And about 4 tickets between all three of us in the last 3 years.

I also found that when it was just me and one car on insurance, I dropped my insuance by $350 a year by simply adding my moms van on to my insuance. I just put "storage insuance" on it, so I couldn't actually drive the van, that cost $50 a year, but then I got a multicar discount of $400, so my insuance went down $350 a year. That was through Progressive by the way.

Jrfish007

iTrader: (3)

Oh yeah, I've heard (from a good source) that different states have extremely different rates. So what I pay here in Ohio doesn't really apply to any one not in Ohio.

infinite

iTrader: (3)

i was quoted by Royal Bank for around $340 per month, Certas for $350 and State Farm wanted a ridiculous $460 per month. i have a CLEAN record which is why i can't understand why i'm getting screwed with the rates. compared to these three companies i should be greatful that i'm only paying $287. i've only had my G license for a year and a half. can this have a big effect on my premiums?

btw: i don't know how you guys are getting off with $200/month premiums.(THROW ME SOME PHONE NUMBERS AND HOOK ME UP!!!) the majority of my friends and people i work with are paying more than what i'm paying and they have older cars(1995-2000). i have a buddy with a '94/'95 integra gs(listed as stock) and he's paying about $360 a month (third party only) on his dads insurance(he can't get insurance under his own name). LOL!

Jrfish007

iTrader: (3)

Like I siad it has alot to do with what state you are in and what they require from your insurance company. Once when I was talking to my insuance comapny, they siad if I lived anywhere but Ohio, I would be paying twice as much for insurance.

Transformer_Guy

iTrader: (10)

Canadian insurance prices and policies are a lil different...

Wolfgang5884

iTrader: (3)

wow, mine went down. Thank God!!! I was paying a little under 3000 a year now I pay about 2300.

Karumba

iTrader: (7)

Because my renewal was due before I sent in my guilty plea.. so basically I'll probably get screwed over for it next year

Karumba

iTrader: (7)

Yes your driving life has an impact on your rates as well .. I'm with AllState if that matters.. basically just shop around for the best rate (which it looks like you've done).. apart from that, keep safe and accident free (as we all thrive to do.)