Has anyones car insurance sky rocketed in the past couple months? I bought by SS in April and new it was going to be a little high because I got a stop sign violation 2.5 years ago from then. So in October I assumed it would go down at little bit or at least stay the same, since I will have gone 3 years with out getting a ticket. But I just got my quote in the mail for October 2010 through April 2011 and it went up $420 for six months. Has this happened to anyone else? All I my car insurance company could tell me is that they just found out that my car cost more to fix and peoples medical bills are more if in an accident in this car. I think this is a bunch of BS considering the SS/TC has been on on sale since 2008.

 

I'm a registered insurance broker in Ontario Canada and I honestly don't know what to tell you.

I can't really give too much insight as to how insurance works in the USA or in your State. However I can give you some insight as to how it works in Ontario and assume it's similar in the USA.

Here every vehicle is given a specific set of rate groups based on statistics for that vehicle (# of accidents, costs to repair the vehicle, liability pay outs, medical pay outs etc.). That along with your driving record, territory and use of the vehicle make up the premium.

For them to say "we found out the car costs more to fix than we thought" from the spring until now is probably bull ****.

I know here companies have been taking rate increases over the past two years, but that is mostly due to liability pay outs and costs for medical pay outs (not sure if you even have medical coverage on your policies).

It's likely your company has just taken a rate increase and is feeding you bullshit. I'd highly recommend shopping around, it's likely you will be able to find a better rate.

 

My 06 ss/sc would be 3k a year on me cuz I'm 19... Only tint ticket showing but my dads primary and it's 600 a year now and I'm on a piece of **** that I never drive

 

Mine has been going down. I have a clean record with State Farm.

 

got a few tickets but unless u got points that dont mean jack i was in one accident were it wasn't my fault but i got the blame. I pay around 245 a month and im going to be 21 in nov

 

Who is your insurance with? A lot of co's are taking on rate increases due to inflation and increased accident frequency and claims pay outs, fraud ect... people wants moneys so more likely to file claims now a days. BS to consumers but to the insurance co it's a way to stay a-float or even become proffitable. Unless you had accidents or tickets, added a young driver...the above reasons are for your increase.

 

My comprehensive and collision are the items that went up. Everything thing else went down including medical payments and bodily injury liability. I should have clarified that a little better. My last ticket was in October in 2007 and I am the only one on my policy. I have also never filed a claim.

 

If it was just your comp/coll then you get the vehicle symbol changed tidbit and how parts are more expensive to replace ect...

 

state farm did that to me, they said the cost of fixing cars is going up. so i switched to allstate, and my premium dropped 200 bucks for six months.

 

Shop around, get quotes from other insurance companies (hopefully lower). Then try to strongarm your current company. Inform them that you'd like to keep your business with them but not at this cost. Tell them you can go elsewhere for cheaper and see what they do.

They'll either knock your rates back down (if the increase is BS) or tell there's nothing they can do (if they're stupid). The loss of a paying customer is threat enough to some companies these days.

 

WoW I wish I lived in the states (going from some of these prices) ....

I'm over 25 (the cut off in Ontario where your rate becomes a standard 'adult' rate) with no tickets/accidents. I work for the damn insurance brokerage so I know I'm getting the best rate and it's $1900/yr for my 2010 SS/TC

I am pretty sure the policy we have here is more comprehensive than what most people in the States would carry but still most of it is useless coverage for me.

 

my insurance is 250 a month but if i was on my own plan by myself it would be 350 a month so its like 6k a year right now

 

Car insurance can be really cheap here.

28 years old with 2 speeding tickets on record, 50/100/25 liability limits and comprehensive. Toss in a renter's policy for $30k and its $160 a month.

 

Sorry what are your liability limits? Just out of curiousity since I'm an insurance broker. I know liability is different in the states (you guys sue like crazy and it's really expensive) I'm just curious what the average person carries.

 

Mines 180 a month with progressive. Few months when I turn twenty five they said it should go down seventy bucks. Full coverage clean record 07 SS sc

 

I pay less than $100 a month for mine. I'm 25 no tickets within the past 5 years. I had two speeding tickets prior to that. I go through Allied Insurance. My premium is $555/6mo. It comes up in Dec. again so, I'll hope it stays the same or goes down. If you pay your 6 month premium you can get a discount as well. I suggest you shop around. My insurance company when I first bought the car wanted $1200/6mo and I said f that I can't afford that. So I went down the street, priced them, and they gave me a quote for a bit under $600. Now it is as I stated before, $555. Shop around! Tell them that you aren't going to stay with them if they can't provide a better deal. If they say they can't, then leave 'em. I was with that other company for 7-8 years.

 

Geico raised my rates from $800 to $1200 for 6 months for the same reason, i got a quote with nationwide at $620 for better coverage

 

My insurance has been going up every year since I turned 25. I call and ask why and they tell me that it's because the cost of repairs has gone up or drivers in my area have been in more accidents than normal, blah, blah, blah. You just have to switch insurance companies every year to get the best rates.

 

DUDE SAME HERE! I was pissed since i had Travelers insurance, payed liek 108 bucks. I hit a racoon awhile back, clamed comprehensive, and thats all I had on my insurance record. After that policy ended they said they didnt want to reinsure me or whatever so I got Geico and it was 150 a month. Pay it for like 3 months then I get a letter in the mail saying there increasing my rate to 175 a month. I was like...WHAT!? WTF did i do? Called and they said Cobalt SS's are just becoming more expensive to insure due to people crashing them. Not my fault, nothign I personally did, just there rate on Cobalt's increased.

 

Yeah, that's what happens when you drive a car that is popular amongst testosterone-laden teenagers.

 

50k for people in my car, 100k for other people and 25k total property damage. State minimums are 25/50/15.

They seem kind of low, but I've talked to a few independant insurance folks and they say they're good limits. Less money people can sue for. Happily I've never had to deal with anyone who was sue-happy.

 

SAME HERE with GEICO. I got a quote when I was trading my VW GTI and it was only supposed to go up 60 dollars every six months. Then when I actually switched it went up 420 dollars a year! Freaking thieves. Problem is I shopped all major companies and they were all the same or more expensive. Absolute BS and there is nothing that can be done about it.

 

$420 every six months? I pay $350 a month, one speed camera ticket... 4 years of driving

 

420 for six months? thats nothing i pay 995 every 6 months. "THATS cheap for me... one of the reasons i brought the ss . everything else was 1200 + . im 22 and only had a licenses for ehh 5 or 6 months. / a dude / no diploma / basicly everything that makes insurence cost out the ass. "

 

lulz. $420 every 6months. i'm gonna be paying close to $175/month for insurance