How much is insurance on your Pony?
#21
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I am of the opinion that any deductible below 1000 and you are throwing money away.
Insurance is intended for major events. The extra 500-750 you may get will be eaten up in a years time in premiums.
I would spend the additional premium dollars on getting a personal liability policy or even stated value policy for modded cars.
Insurance is intended for major events. The extra 500-750 you may get will be eaten up in a years time in premiums.
I would spend the additional premium dollars on getting a personal liability policy or even stated value policy for modded cars.
#22
I did switch from another company and combined my auto with my already existing home, personal liability policies so you are probably correct that a portion of that savings was due more to multi-line discount than just increasing the deductible.
Either way, my wife and I have never had an accident in 20 yrs and if the difference is even 50-100 a year, it adds up on 5 vehicles.
Just depends on your personal situation.
#23
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In Texas.
At 43, married, carrying full coverage with a $500 deductible on both my '12 Mustang and my wife's '05 Camry, both of us insured on both cars costs about $140 per month.
It would be cheaper but I have less than a perfect driving record. Part my fault, and 2 wrecks that were the other drivers fault.
At 43, married, carrying full coverage with a $500 deductible on both my '12 Mustang and my wife's '05 Camry, both of us insured on both cars costs about $140 per month.
It would be cheaper but I have less than a perfect driving record. Part my fault, and 2 wrecks that were the other drivers fault.
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I think that is the key right there. There are so many variables at work beyond the deductible that who knows. I'm also State Farm, 4 cars, a motorcycle, house, rental house, and an umbrella policy and when they ran the #s, it ended up not being worth the risk. A single incident was going to cost more than what the lower premiums was going to save me many times over.
#26
I think that is the key right there. There are so many variables at work beyond the deductible that who knows. I'm also State Farm, 4 cars, a motorcycle, house, rental house, and an umbrella policy and when they ran the #s, it ended up not being worth the risk. A single incident was going to cost more than what the lower premiums was going to save me many times over.
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Insurance companies tend to screw us over here in the Detroit area so that may be the main variable. If I didn't live in one of the better parts of the area, it'd be even worse.
#28
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$1060 a year with Farmers.
#29
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i pay $342 a year. full coverage. $500 deductable.
i also have 3 month layup in the winter...basically i park the car from dec 1 to mar 1.
car is still under full coverage. i have erie insurance.
an additional mustang would be $125/yr full coverage.
i also have 3 month layup in the winter...basically i park the car from dec 1 to mar 1.
car is still under full coverage. i have erie insurance.
an additional mustang would be $125/yr full coverage.
#31
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Married and have no clue ...wifey takes all my money and pays the bills, all I know is its with allstate and some big black dudes voice posses people sometimes when im talking to them. Its really weird
Last edited by Burke985; 2/11/13 at 08:17 PM.
#32
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47, with clean driving record $1450 for two cars with $500 deductible.
#34
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42 years old, married, clean driving record, central Ohio (live out in the country) - State Farm, multi-car and multi-line discounts
$500 Comp/$1000 Collision deductibles on my '08 Mustang GT, $37/month
For all six of our cars (all but the Miata have full coverage) we pay just under $200/mo
$500 Comp/$1000 Collision deductibles on my '08 Mustang GT, $37/month
For all six of our cars (all but the Miata have full coverage) we pay just under $200/mo
#35
40, married, no tickets, knock on wood, 8 cars, 7 insured, 4 full coverage, 3 liability only.
2011 Navigator full coverage
2010 Raptor full coverage
2000 Cobra R with mileage limit and stated value
2007 GT full coverage
2013 GT500 full coverage
1996 Bronco with 16 year old driver liability only
1993 Mustang liability only
1991 Mustang parked with no coverage
$370/month combined
2011 Navigator full coverage
2010 Raptor full coverage
2000 Cobra R with mileage limit and stated value
2007 GT full coverage
2013 GT500 full coverage
1996 Bronco with 16 year old driver liability only
1993 Mustang liability only
1991 Mustang parked with no coverage
$370/month combined
#36
40, married, no tickets, knock on wood, 8 cars, 7 insured, 4 full coverage, 3 liability only.
2011 Navigator full coverage
2010 Raptor full coverage
2000 Cobra R with mileage limit and stated value
2007 GT full coverage
2013 GT500 full coverage
1996 Bronco with 16 year old driver liability only
1993 Mustang liability only
1991 Mustang parked with no coverage
$370/month combined
2011 Navigator full coverage
2010 Raptor full coverage
2000 Cobra R with mileage limit and stated value
2007 GT full coverage
2013 GT500 full coverage
1996 Bronco with 16 year old driver liability only
1993 Mustang liability only
1991 Mustang parked with no coverage
$370/month combined
#37
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#40
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Thats crazy cheap, Im in same situation with layup and stored, I should look into that one.
I hace 2012 Boss, 500 deductible, 46 yrs old multi car discount, etc etc
$950 a year.