How much do you pay for car insurance?

**jIM_Ohio** · 01-10-2009, 10:37 AM

2006 Ridgeline and 2006 Accord

$1000 deductable and 500k comprehensive
$900 for year.

House is on same policy, an yearly rate is lower than 6 month rate.

**maat55** · 01-10-2009, 10:39 AM

Ours was 115 per month, our new policy after wifes wreck is 141.00. We insure an 2002 PT Cruiser on liability and an 2002 Exployer Sport Trac full coverage with a 1k deductable, 50/100/50.

**disneysteve** · 01-10-2009, 10:42 AM

Originally posted by jIM_Ohio View Post

$900 for year.

There you go. You proved my point in one post.

For a full year, you pay less than we pay for 6 months, and you've got 2 much newer, more expensive vehicles than us.

**momof1in150** · 01-10-2009, 10:43 AM

We have an 08 Subaru Outback and a 99 VW Golf and our monthly premium in $104.00 for both. We have a $500 deductible with full coverage on both (400K Comp).

**snafu** · 01-10-2009, 11:20 AM

Lately there have been so many scandals, bad publicity about major carriers and anecdotal tales from friends we are more reliant on 'expert' suggestions. We have found it effective to use an insurance broker who puts his client's auto insurance needs out to 'bid' by the major insurers. He gives us his recommmendations about the coverage we need and 3 carriers to chose from. I've looked at quotes on-line and they are usually more expensive but I figure that's because they don't know much about us.

It's important to look at all the items covered on your auto policy. For example policies routinely include auto rental insurance which you may not need.

**disneysteve** · 01-10-2009, 11:29 AM

Originally posted by snafu View Post

For example policies routinely include auto rental insurance which you may not need.

I'm not sure I'd say you don't need it, but I would look at how much it is costing you. Our rental coverage costs us about $85/year. Two days in a rental would cost that much and if the car is in an accident, we are likely to be without it for a lot more than 2 days. As with most insurance, it is a gamble if we will need it. We have used that benefit a couple of times in the past when one of our cars was damaged and it was nice to not have to pay out of pocket for the rental while we were dealing with other issues related to the accident.

**creditcardfree** · 01-10-2009, 11:36 AM

2002 Ford Taurus
2007 Honda Odyssey

$470.31/6 mos

$1000 deductible

We have rental and towing on our insurance too. Don't need AAA, since this is much lower.

Iowa

They do vary significantly. It does pay to shop around occassionally to make sure you are getting a good deal. Even a look at progressive dot com can give one an idea if a better deal may be out there.

**MonkeyMama** · 01-10-2009, 11:52 AM

Yeah, rental insurance is not something we have ever paid for. Some people may need it or like it, but certainly a lot of people don't need it. Renting a car during the week to commute to work can be considerably cheaper than a vacation rental. So even if my spouse and I both worked on the opposite ends of town, I probably wouldn't see the point. We insure for catastrophe. Car rental does not strike me as a catastophic expense. Just some food for thought. (I love my AAA though, which is more a convenience thing; we certainly have our preferences. Obviously AAA is not catastrophic insurance).

2001 Ford (Comprehensive & Liability)
2005 Dodge (Full coverage)

$1k deductibles

We pay around $1500/year

For us, it's the region. Perfect driving records (knock on wood), cheapest rates (we shop around every year or two and have never found anything cheaper than our current insurance. We have multi-line and loyalty discounts, which is the kicker).

BUT we moved here when we were about 25 and our auto insurance rates DOUBLED. We just had old clunkers at the time with no comprehensive/collision. Clearly the region. It was cheaper to be under 25 and insured back home, which is crazy. We moved from San Francisco area to Sacramento. I expected driving to be more hazardous back home. I was wrong. I can see clearly why the liability insurance is expensive. CRAZY drivers.

(Housing here is about 60% cheaper, so I'd say it's worth the crazy auto insurance; give and take. THough maybe not worth the threat to life and limb).

Steve, oh my, yeah, you have expensive insurance rates in NJ. You win!

**disneysteve** · 01-10-2009, 12:07 PM

Originally posted by MonkeyMama View Post

Steve, oh my, yeah, you have expensive insurance rates in NJ. You win!

This is nothing. When we lived in Philly, our insurance was twice as much. When our friends here in NJ complain about the rates, we just shake our heads and tell them they don't know how good they have it.

**Goldy1** · 01-10-2009, 01:23 PM

2007 saturn ion 2 door
2003 monte carlo, sporty model 2 door
2 g colision deductable (I like it high to save)
1 g comprehansive deductable

It is no fault Michigan insurance.

AAA
We ONLY PAY about 550 every six months for both cars!
thanks to lots of AAA tenure, 2 g deductable, and good credit (yes they care about credit)

**Goldy1** · 01-10-2009, 01:23 PM

ps
both cars are paid off in full otherwise they require a 1 g or less collison deductable

**pearlieq** · 01-10-2009, 01:46 PM

I pay $240/yr for 100/300 liability only on my 2000 Mercury Sable.

**Ima saver** · 01-10-2009, 01:54 PM

2008 vette $900 per year
2008 van $600 per year
2004 vette $680 per year
2001 van $300 per year
1978 vette $226 per year
1933 ford victoria $400 per year.
The last 2 vehicles are licensed as antiques. They all have full coverage except the 2001 work van. The other van is a work van also.

**fruitbowlk** · 01-10-2009, 01:55 PM

I think mine is around thirty some a month.

How much do you pay for car insurance?