ken-x8

That sounds like a lot for SW VA. Check with GEICO. I'm in Northern Virginia, have a good driver rating, and pay about $400/6mo with $100/$500 deductables on comp/coll. Premium would have been maybe $100-$120 more with 0/$100 deductables.

I'm older, been a GEICO customer for decades, and have multi-car and 10% good credit discounts. But it's my daily driver and this has to be a higher risk area. I started with GEICO when I was 27, and I don't recall any major rate changes as I moved through different age brackets. Back then, the big age break was 25.

Incidentally - earlier in this thread I posted that my premium doubled from what it was for my '87 Accord. The jump was all in the collision and comprehensive coverage, quite understandable for a $25K car vs a $1500 car. Liability premium stayed about the same.

Ken

sonicblue6

Status: married, 33 y/o, 700+credit
Points: one at-fault accident from 18 mos ago, not cited, just "insurance points"
Cars: 04 RX8, 05 Quest
Company: Geico
Premium: $1800/year

I had a 2006 Mazda6 and my 8 was only about $15/month more, IIRC.

chasingthedragon

480 baby for 2 cars...funny part is my 4x4 truck is same cost to insure as my rx8 and it is 5 years newer then it.

i pay around 300 for rx8 and 180 for my truck... my truck doesnt have full coverage

Guys remember when u go check for insurance they classify it as a 4door, 4 seater car with 1.8 liter

RX7Matt

I just checked with Allstate and an RX8 would cost me $368 every 6 mos, the STi would cost $412 every 6 mos. That's with:

AA Bodily Injury 100/300
BB Property Damage 100
DD Collision 500 DED
HH Comprehensive 500 DED
VA Personal Injury Coverage VA02

in Florida

Eddie13

^Where in Florida? That is a great rate.

toxin440

I pay 1850 for a whole year of coverage from Germania insurance here in Texas.

I'm only 24 years old but I think my rates are goinig to go up due to all the **** that's happened to my car.

1) Hitting raccoon $2K payout on insurance
2) Getting Egged $1000 payout
3) Getting broken into $3300 payout.

and I have only paid IN about 1800 dollars (been on the plan for 1 year now)

I'm expecting a rate hike

Atrain

Sounds like a lot of you guys didn't do much shopping around very much... Either that or certain areas are just higher than others? I called probably 10 different places before I settled on one.

I live in the detroit area and went with AAA. Originally it would have been 190ish a month but my girlfriend knows someone who works there and got it down to 142. I turn 25 in feb and it'll drop even lower when I do.

Make sure you try to get in any reductions that they offer, I know students with decent gpa's get a discount with some places. It was something like 30 bucks lower per month at AAA.

icyur2

For those who are paying through the nose on their insurances..if you haven't tried Costco insurance, they are the best one I've found (Ameriprise). Beat Nationwide, Farm, AIG, and some others I forgot the name to...at any rate, for the price you guys are paying, I would definitely look around. My stats are:

Married w/kids
Will be 35 this year
2 cars (05 RX-8 & 06 Quest SL)
Full coverage with $500 deductibles (get discount for doing house insurance through them)
No tickets/accidents

Hope that helps!!

Rems31

You can't really compare insurance premiums. So many variables go into the rate you pay. So unless you're in the same area, have the same/similar driving record, driving experience, age, etc... you can't say that someone's insurance is too high compared to your own.
It's like real estate. At some places $800/mth rent is cheap and other areas it would be considered really expensive. You really can't compare in different locations.

DrDiaboloco

$3300 for a break-in? WTF did they do to your car??

For the record, I'm a hair under a grand a year for this single, 38yo male with good credit, no tickets in a decade, one not-at-fault accident two years ago, my own home, and the absolute maximum liability coverage w/$500 deductibles...

nycgps's $3400/yr doesn't surprise me at all for the NYC area. If anything, it's lower than I would've thought. Five years ago, as a 33yr/old owner of a Focus ZX-3 with no tickets or accidents in five years (but a lesser credit rating than I now have), I was paying $3000/yr for similar coverage to what I currently have on the '8.

Has anyone from NJ, the state with the worst rates in the nation, checked in yet?

DrDiaboloco

Tell me about it. When I bought my house, I moved 1.1 miles away from my old apartment, but into a different zip code. Even though I moved from an apartment, where my car sat in a dimly-lit parking lot all the time and into a house, with a garage and all, my insurance went up $150/yr on my now-departed Mazda6S.

If memory serves, the insurance bump from my 6 to my 8 was about $100/yr. So, moving a mile away from my apt. to my house cost me more than getting a new car... From a relatively sedate 4dr "family car" to a "sports/sporting car" that cost half again as much on the sticker.

Clavius

True but again I've only been driving for 3 years. If I have been driving for over 5 years I'm sure I'd be paying that if not less. I actually had the finance guy when he was writing up my plan tell me when I told him I couldnt affored the payments plus my insurance so the payments had to come down say to me "Oh come on can't you just go on your mothers insurance!" I just looked at him and replied "When I first got my lisence my mother told me I'm on my own with the insurance and trust me buddy she's Irish and she aint budging". He shut up after that. I told my mother this and she laughed then said "Kevin you never asked I might of" lol

I'm happy I'm doing it myself one of my friends pays like $10 a month because he piggy backs offa his grandmothers insurance and he drives a cadi. Oh and he's now 30 lol

icyur2

Yeah..you can't compare due to so many variables, BUT, you can call these other insurance companies out to see if you get a better deal vs. current...I thought Nationwide was the cheapest in my area..was surprised that I saved $115/6 month with the Costco insurance..so..who knows? Suffice to say, do yourself a favor and shop around if you haven't done so..

BunnyGirl

Costco didn't help me any. My insurance is now $861 for six months $100/$250 deductible, full coverage, pretty much maximums. It was $776. When my renewal came due it had gone up to $1026 and I called the agent to figure out why since the only thing that had been used on it was for my dented hood from a rock. The rating symbols had changed and it was now classed as a sports car as opposed to "4 door, 2 cylinder". They rewrote the policy to knock it down to $861 and still keep the same coverage. I'm expecting at six months that it will go up again and that it was just a temporary "lowering" for me.

Endor

Did you compare rates with having $200/$500 deductibles instead of $100/$250? That could save you a fair amount on premiums... more out of pocket if you have an issue, but still..

BunnyGirl

The savings were really small. The maximum I can have my deductibles at (because of my loan) is $500/$500, and that would have saved me around $10 a month, so it wouldn't make up for it if I had to use it for any reason, which I did three weeks after I got my car because of a huge dent caused by a flung up rock.

Razz1

You forgot insurance also depends upon value.

It's $35 for my 65 Econoline.

I think my 8 is only aroun 800 per year, and that's with double the coverage.

300k and 100k. not 10k and 20k. ah what ever the min. is.....

mkaresh

Insurance cost varies a lot by location.

What doesn't vary is that the RX-8 costs much less to insure than many alternatives. Call your agent and see how much it would bump your rates if you traded the Mazda for an S2000. I was quoted crazy prices on an S2000.