Insurance costs
#1
#3
What year and make Ferrari ? My partner has 4 cars insured including a 14 Panamera, 13 458 Spyder, 14 Aventador and a custom 57 Chevy roadster. He pays $3300 for the 4 with NO DUI's or tickets........ thats like 825 each and the 57 is insured for $275K. Maybe he needs to change to your insurance company. I assume its not the 77 you have in your profile because you really cant compare that to a 07 or newer XK, IMHO.
#4
What year and make Ferrari ? My partner has 4 cars insured including a 14 Panamera, 13 458 Spyder, 14 Aventador and a custom 57 Chevy roadster. He pays $3300 for the 4 with NO DUI's or tickets........ thats like 825 each and the 57 is insured for $275K. Maybe he needs to change to your insurance company. I assume its not the 77 you have in your profile because you really cant compare that to a 07 or newer XK, IMHO.
#7
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#10
#13
2009 Jaguar XKR Portfolio Edition Convertible (driving under 5,000 miles per year).
$489.40 from Sept 1, 2013 to Sept 1, 2014....annual premium
Liability Bodily Injury: $250,00 per person...$500,000 each occurence
Property Damage: $100,000 each occurence
Medical Payments: $5,000
Uninsured Motorist/Underinsured Motorist/Property Damage: $100,000 each accident.....Less $250 deductible
Comprehensive: Actual Cash Value Less $500 deductible
Collision: Actual cash Value less $500 deductible
Additional Coverage:
Loss of use $35 per day/$1050 max
Safeco Insurance
Age 62...clean driving records...no incidents/citations in over 20 years.
Hope this helps...
The following users liked this post:
Muddydog (02-27-2014)
#14
With the exception of higher deductibles ($100/250 for me) you're almost twice as covered as I am. (100/300 for bodily injury, 50K for property damage, 100/300 for underinsured motorists). Age: 43 must have something to do with it. Or the fact that I didn't comparison shop. I just assumed USAA had the best deal.
#15
With the exception of higher deductibles ($100/250 for me) you're almost twice as covered as I am. (100/300 for bodily injury, 50K for property damage, 100/300 for underinsured motorists). Age: 43 must have something to do with it. Or the fact that I didn't comparison shop. I just assumed USAA had the best deal.
If you own a home, and have other vehicles, make sure your insurance company (USAA) knows and ask them to bundle all properties.
Don't buy multiple insurance policies from mulitiple insurance company's.
Shop and compare rates........this is IMPORTANT.
#17
Not quite sure how valuable any of these comparisons are. Most of what I'm reading is apples to oranges. I'm in NJ and I'd bet that most other states are cheaper. Factor in age, driving record, number of cars on the policy vs drivers, coverage levels.. Just too many variables in my mind to make comparisons.
#18
#19
The annual insurance premium for my 2009 XKR Portfolio Convertible is only $576, which includes a $500 collision deductible and $500,000 liability coverage.
The premium is low because:
1. I live in Georgia;
2. My wife and I are both retired,
3. I have 3 vehicles that are each driven less than 10,000 miles per year
4. I get a discount on the auto policy for also having my homeowner's policy with AARP/The Hartford. Their total price was substantially less than the quotes I received from USAA and GEICO. I wondered why?
An underwriter from The Hartford told me that they can charge lower rates for their AARP-endorsed auto insurance product for drivers over-55 years of age only because their loss experience costs with retired drivers in Georgia is much lower than with their other products that include younger drivers. Younger drivers tend to drive faster and go farther distances; they have more high-dollar cost accidents involving serious collisions and deaths.
Lower loss ratio = lower premiums.
The premium is low because:
1. I live in Georgia;
2. My wife and I are both retired,
3. I have 3 vehicles that are each driven less than 10,000 miles per year
4. I get a discount on the auto policy for also having my homeowner's policy with AARP/The Hartford. Their total price was substantially less than the quotes I received from USAA and GEICO. I wondered why?
An underwriter from The Hartford told me that they can charge lower rates for their AARP-endorsed auto insurance product for drivers over-55 years of age only because their loss experience costs with retired drivers in Georgia is much lower than with their other products that include younger drivers. Younger drivers tend to drive faster and go farther distances; they have more high-dollar cost accidents involving serious collisions and deaths.
Lower loss ratio = lower premiums.
The following users liked this post:
Muddydog (02-27-2014)