Insurance Went Down!
11/12/04, 10:32 AM
#1
GT Member
Thread Starter
Join Date: October 19, 2004
Posts: 170
Likes: 0
Received 0 Likes
on
0 Posts
I just got my insurance statement for the month, and my premium actually went down about $100. I changed it over from a 2000 VW Golf, to the 2005 Mustang GT! I would have thought it would go up, not down. I am not complaining though. Just wanted to let you all know. Later.
-Andy
-Andy
11/12/04, 10:55 AM
#2
Cobra R Member
Join Date: November 10, 2004
Posts: 1,601
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by askiles@November 12, 2004, 9:35 AM
I just got my insurance statement for the month, and my premium actually went down about $100. I changed it over from a 2000 VW Golf, to the 2005 Mustang GT! I would have thought it would go up, not down. I am not complaining though. Just wanted to let you all know. Later.
-Andy
I just got my insurance statement for the month, and my premium actually went down about $100. I changed it over from a 2000 VW Golf, to the 2005 Mustang GT! I would have thought it would go up, not down. I am not complaining though. Just wanted to let you all know. Later.
-Andy
11/12/04, 12:21 PM
#5
Legacy TMS Member
Yeah, mine jumped from $748/year to $1674/year. That's what you get when you jump from a '97 to a '05 plus add 100 hp.
Andy, I would hold the money you saved on the side. That way when the insurance company figures out the mistake, you can cough up the difference.
Andy, I would hold the money you saved on the side. That way when the insurance company figures out the mistake, you can cough up the difference.
11/12/04, 12:58 PM
#7
V6 Member
Join Date: September 20, 2004
Posts: 53
Likes: 0
Received 0 Likes
on
0 Posts
Heh, my insurance will be going up from about 250/year to about 1800/year. The difference in horsepower is from 25 to 300. 
Yeah so i'm sure my car isn't 25, but if i found out that it actually was then i wouldn't be surprised...
Yeah so i'm sure my car isn't 25, but if i found out that it actually was then i wouldn't be surprised...
11/12/04, 01:08 PM
#8
FR500 Member
Join Date: May 18, 2004
Posts: 3,202
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by holeshot@November 12, 2004, 1:58 PM
I was quoted at $960 per year for an 05 GT.
I was quoted at $960 per year for an 05 GT.
11/12/04, 01:13 PM
#10
Mach 1 Member
Join Date: May 12, 2004
Posts: 582
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by acadian+November 12, 2004, 2:11 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (acadian @ November 12, 2004, 2:11 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-holeshot@November 12, 2004, 1:58 PM
I was quoted at $960 per year for an 05 GT.
I was quoted at $960 per year for an 05 GT.
sorry man
11/12/04, 01:15 PM
#11
Just be glad you are not in Canada. I have a flawless record and at age 33 I will now fork out $2,088/yr for the GT.
My current 2003 Jeep only costs me $1188.00 a year. Talk about a jump in price. I would have thought the price we be close since SUV's have a high roll-over rate.
I really hate insurance increased. When I bought my 97 GT brand new in 97 I only paid $756.00 /year.
My current 2003 Jeep only costs me $1188.00 a year. Talk about a jump in price. I would have thought the price we be close since SUV's have a high roll-over rate.
I really hate insurance increased. When I bought my 97 GT brand new in 97 I only paid $756.00 /year.
11/12/04, 01:29 PM
#12
TMS Post # 1,000,000
Serbian Steamer
Serbian Steamer
Join Date: January 30, 2004
Location: Wisconsin / Serbia
Posts: 12,630
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by holeshot@November 12, 2004, 1:58 PM
I was quoted at $960 per year for an 05 GT.
I was quoted at $960 per year for an 05 GT.
I'm currently paying $1,200/year for my 2000 Mustang V6 and about $550/year for my 1997 Intrepid.
If I could get same quote for 2005 GT that would be great.
I'm 4 years younger than you, and I have clean driving record (no accidents or tickets).
11/12/04, 01:33 PM
#13
GT Member
Join Date: September 17, 2004
Posts: 114
Likes: 0
Received 0 Likes
on
0 Posts
I think I got u all beat! Right now for may Camaro I pay $2,200 a year and now for my GT its going to jump $600 with a grand total of $2,800. Thank god I'm not keeping my Camaro around when I get my GT~ One of the BIG reasons my insur is so high is because I’m only 19, but I haven't had any (accidents or tickets).
11/12/04, 03:08 PM
#15
Cobra R Member
Join Date: November 10, 2004
Posts: 1,601
Likes: 0
Received 0 Likes
on
0 Posts
I have 100,000/300,000/100,000 limits across the board and full coverage (500 deductible). Flawless driving record, and my insurance will go up $400 per year with the GT Mustang to a grand yearly total of $1162. Oh well, you only live once, right? Consider this my pre-purchase of a 4-wheel casket... 
11/12/04, 03:11 PM
#16
Cobra R Member
Join Date: November 10, 2004
Posts: 1,601
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by Kluski@November 12, 2004, 11:24 AM
Andy, I would hold the money you saved on the side. That way when the insurance company figures out the mistake, you can cough up the difference.
Andy, I would hold the money you saved on the side. That way when the insurance company figures out the mistake, you can cough up the difference.
11/12/04, 03:15 PM
#17
Team Mustang Source
Join Date: February 8, 2004
Posts: 595
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by askiles@November 12, 2004, 12:35 PM
I just got my insurance statement for the month, and my premium actually went down about $100. I changed it over from a 2000 VW Golf, to the 2005 Mustang GT! I would have thought it would go up, not down. I am not complaining though. Just wanted to let you all know. Later.
-Andy
I just got my insurance statement for the month, and my premium actually went down about $100. I changed it over from a 2000 VW Golf, to the 2005 Mustang GT! I would have thought it would go up, not down. I am not complaining though. Just wanted to let you all know. Later.
-Andy
11/12/04, 03:43 PM
#18
GT Member
Thread Starter
Join Date: October 19, 2004
Posts: 170
Likes: 0
Received 0 Likes
on
0 Posts
It went down, but I was paying about $2500/year before. Now I will be paying about $1300/year. We have been with our same insurace company since I was young, so we have a good record. I am only 19 as well, so well see what happens. I sure as heck hope it is not a mistake.
-Andy
-Andy
11/12/04, 03:52 PM
#19
Banned
Join Date: March 4, 2004
Posts: 1,693
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by askiles@November 12, 2004, 6:46 PM
It went down, but I was paying about $2500/year before. Now I will be paying about $1300/year. We have been with our same insurace company since I was young, so we have a good record. I am only 19 as well, so well see what happens. I sure as heck hope it is not a mistake.
-Andy
It went down, but I was paying about $2500/year before. Now I will be paying about $1300/year. We have been with our same insurace company since I was young, so we have a good record. I am only 19 as well, so well see what happens. I sure as heck hope it is not a mistake.
-Andy
11/12/04, 03:59 PM
#20
GT Member
Join Date: September 16, 2004
Posts: 126
Likes: 0
Received 0 Likes
on
0 Posts
I am expecting mine to stay the same or go down. I am in the lowest risk group I can possibly be in. My driving record is completely clean, I am married, a homeowner, over age 25, I get a multi-car discount, and the Mustang will be a recreation vehicle not a DD.
Plus I am going to buy a couple of acres in Brenham, TX which is outside of Way-Too_Expensive Harris county. When I do that I will list the Mustang's registry there. Then the ins will go down by a good bit.
Plus I am going to buy a couple of acres in Brenham, TX which is outside of Way-Too_Expensive Harris county. When I do that I will list the Mustang's registry there. Then the ins will go down by a good bit.