What insurance company are you with? Rates in Irvine tend to be lower than in most other places in Orange County.Old thread but may be relevant anyway... 19 yrs old perfect record.
1190/6mo 2.0t 1235/6mo 3.8 rspec
Hardly a difference.
I actually expected the 2.0t to be higher because it says "turbo"... and my company's prices make NO sense.
Yeah, it's weird... I have an Evo IX, but my rates in literally any other car that the system would allow me to quote (M3, M5, GT-R, 911, etc.) were still lower, though it's started to stabilize with my car being 5-6 years old now. But there's always a reason, especially based on their own statistics on a given car. The Jetta is often times driven by younger adults, who are more likely to get into a car accident, so there are probably a lot of claims involving Jettas that makes your company rate it higher. On the other hand, despite the S4 having gobs more performance capability and a much higher sticker price, they are typically driven by older people (or at least older than that high-risk group) who are far less likely to be involved in a claim, which is really what dictates the rates.The methods they use to calculate insurance costs will always puzzle me.
My insurance went down from my Jetta TDI to my Audi S4, then went waaaaay down again for my GC.
Damn! $1 million that is just crazy.I think insurance rates are higher in Canada, Ontario anyways, because our minimum liability coverage is 1 million dollars. I've seen someone post somewhere in the US that their liability was only $100,000.
This +1. I have never worked for an Insurance company, but i have worked with insurance companies (agents and claims adjustors) along with body shops. I can tell you from experience, there are a lot of good insurance companies out there that will give you a lot more coverage for a lower premium. Based on this experience and how many times I saw some of my own customer's claim be denied and get screwed over, I will never get coverage though any of these companies: Allstate (absolute worst), Geico, Essurance (now part of Allstate), StateFarm (agents are scummy and 1 claim they can drop you), SafeCo.^ Basically. Without promoting myself too much, I work in insurance, and we are directly appointed with a variety of companies, so we get a bunch of rates all at once, as opposed to calling a company and either believing them when they say they have the best rates or calling every company you can think of on your own. Additionally, most people only know of companies they see on TV -- i.e., Geico, State Farm, Allstate, Progressive -- but aren't aware of similarly reputable and financially stable companies that don't advertise as heavily. It's worth a phone call to go through an agency with multiple appointments.
It has its benefits though... while requiring to buy more coverage is obviously going to cost more, the risk is spread more evenly throughout the population. One driver's shortcomings can potentially affect the rates of everyone else.Damn! $1 million that is just crazy.
That's odd that you really don't like those companies. I know that a couple of those are generally tough to deal with, but a few of them are actually VERY good. I had Geico for 11 years (and my family was with them for even longer), and they had always taken great care of our claims. We all eventually switched to Safeco (as they had some pretty stellar discounts that went into effect in December 2010 in California) and I've put a lot of people I know with them, several of whom have made claims, and their experiences have been great. I don't work with State Farm, but I've heard that their claims department is pretty good. I suppose every company is hit-or-miss, and every so often you'll get a bad apple.Based on this experience and how many times I saw some of my own customer's claim be denied and get screwed over, I will never get coverage though any of these companies: Allstate (absolute worst), Geico, Essurance (now part of Allstate), StateFarm (agents are scummy and 1 claim they can drop you), SafeCo.
I also sell Progressive as well, and I agree that they're also a fantastic comany. Their customer service is really good, though my only qualm is that "name your price" thing that their site has. It's cool if all that you care about is paying a certain price or less, but the problem is that people don't realize that some upgraded coverages may only be a couple dollars more per month, and they don't bother looking at the next step up. But luckily I'm smart enough to at least offer them the next best level of coverage, so they can either be happy with saving the $5 a month or realize that it's worth it to pay a little bit extra to go from a $1,000 deductible to a $500 deductible.I currently have Progressive and couldn't be happier. IF you want phenomenal coverage, go through Chubb. You pay more, but you don't have to fight them to be covered when something happens.
That's true to an extent, but not all states take credit into an account. However, it's not going to make as huge of an impact as some people think. I've spoken with underwriters of various companies about that, some say that it can affect you negatively, others say that if your credit sucks then you just won't get any discounts, whereas neutral credit or better can help bring your rates down.And yes, more than just marital status, location, age, engine hp, driving record, etc. goes into your insurnace premiums. They also look at your credit score, which a lot of people don't realize.