My Fast GTi banner

Status
Not open for further replies.
1 - 20 of 132 Posts

·
Registered
Joined
·
346 Posts
Discussion Starter #1
I pay my auto insurance semi-annually, and it went from ~ $1300/yr on a lease that required additional coverage to my current quote of ~ $1800/yr on straight-up financing. I called State Farm to ask what the hell happened, and my rep told me since the GTI is so rare, collision coverage went through the roof. I think that portion of the coverage alone is like $900/yr.

Did anyone else get insurance sticker shock? Perhaps list your (1) carrier; (2) yearly payment; and (3) whether there is something else in the equation that caused the spike (e.g. multiple collisions in the last couple of years).
 

·
Registered
Joined
·
690 Posts
Re: GTI Insurance

That's your annual bill?

Mine's about $1,000 for a six month policy, so that puts at pretty close to the same rate.
 

·
Registered
Joined
·
112 Posts
Re: GTI Insurance

I use Geico and pay like $986/ 6 months, for both of my cars.. I think my GTI is like $400 every 6 months... and Im in Florida where we get a hurricane every other day..
 

·
Registered
Joined
·
346 Posts
Discussion Starter #4
Re: GTI Insurance

I'm definitely going to have to check out carriers like Geico and Progressive. My 6-month payment is due at the end of July, so I've got a little time to shop around. I just can't believe 2k/yr for a 29 year old driver with no accidents in over 5 years.
 

·
Registered
Joined
·
112 Posts
Re: GTI Insurance

Geico is probably one of the cheapest and has really good service... I used to be with Progressive when I couldnt qualify with Geico... Progressive is like subprime, just for people with bad records, and even people with good records pay the price, geico only accepts people with good records, therefore is cheaper but harder to qualify with...
 

·
Registered
Joined
·
89 Posts
Re: GTI Insurance

$1100 per year, full coverage thru nationwide. I thought i was paying alot until i saw what you guys pay :eek:
 

·
Registered
Joined
·
91 Posts
Re: GTI Insurance

dean said:
I'm definitely going to have to check out carriers like Geico and Progressive. My 6-month payment is due at the end of July, so I've got a little time to shop around. I just can't believe 2k/yr for a 29 year old driver with no accidents in over 5 years.
wow, i pay less than that and I'm only 23....Check with State Farm...I can't find anyone cheaper
 

·
Registered
Joined
·
346 Posts
Discussion Starter #9
Re: GTI Insurance

LuciferRex said:
Check with State Farm...I can't find anyone cheaper
State Farm is the one who is raping me. I have heard they are on the expensive side, but :eek:
 

·
Registered
Joined
·
112 Posts
Re: GTI Insurance

State farm is usually way expensive, geico is probably the way to go... they should at least give you a tube of easyglide with each quote... :eek:
 

·
Registered
Joined
·
19 Posts
Re: GTI Insurance

i have allstate and i pay $120.00 a month i thought it was high since my 2001 mustang bullitt was $90.00 a month ???. the rep said that it is higher since it is a "compact car" and that give it a year it will go down since the rarity will be gone.
long story short i guess i like $120 hell i would pay $200 a month for this car....
 

·
Registered
Joined
·
79 Posts
Re: GTI Insurance

I am insured through Gieco. My 2006 GTI costs me $425 each 6 months. That is a bargain because my other car is a 2002 Ford Focus ZTS. That car costs me $422 every 6 months.
 

·
Premium Member
Joined
·
1,908 Posts
Re: GTI Insurance

$1200/mo for me at TD Meloche Monnex (Canadian). That's with 9 years of clean driving experience, no claims, only one recent speeding ticket.
 

·
Registered
Joined
·
21 Posts
Re: GTI Insurance

i pay 1200 a year with esurance. They are cheap compared to everyone else. I am 22 with a fault accident underme as well. Check them out.
 

·
Registered
Joined
·
1,629 Posts
Re: GTI Insurance

Thalo said:
$1200/mo for me at TD Meloche Monnex (Canadian). That's with 9 years of clean driving experience, no claims, only one recent speeding ticket.
you pay 1200 a months?!?!?!?!?! thats probably double what you pay for the car!!!
 

·
Registered
Joined
·
300 Posts
Re: GTI Insurance

Geico seems to be the way to go, at least for me. My X-girlfriend totaled 2 cars on my insurance last year, so most quotes were around $300/month. Holy crap, that pretty much talked me out of anything but a used pinto. But Geico gave it to me at $115/month. Granted I had to promise that she would never even know I had new car, much less look at it or drive it...
 

·
Registered
Joined
·
68 Posts
Re: GTI Insurance

i just switched company's... im 21 in military single with not the best history... i was with progressive and was paying 2300/6mo and i just moved to farmer's insurance group and im paying 1100/6mo for the same coverages but i also got a 10yr 150k life insurance and 4000 renter's insurance for less than half of what i was paying with progressive.
 

·
Registered
Joined
·
346 Posts
Discussion Starter #20
Re: GTI Insurance

Are you guys getting quotes for the minimum required insurance, or are you getting "normal" coverage?

Geico gave me this:

Bodily Injury Liability - 25k/50k - $88.70
Property Damage Liability - 20k - $128.60
Medical Payments - NO
Personal Injury Protection - NO
Uninsured Motorist Bodily Injury - 25k/50k - $18.60
Uninsured Motorist Property Damage - 20k/250 deductible - $10.90
Comprehensive - NO
Collision - 500 deductible - $536.80
Emergency Road Service - NO
Rental Reimbursement - NO
Mechanical Breakdown Ins. - NO

This results in a 6 month payment of $784.10 Not ideal, but workable.
 
1 - 20 of 132 Posts
Status
Not open for further replies.
Top