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Insurance Discussion

15774 Views 131 Replies 53 Participants Last post by  imported_dvlsplygrnd
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).
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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....
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