Insurance costs

Rolo · 01-03-2018, 04:32 PM

My $72k MSRP 2015 Corvette Stingray Z51 3LT was $166/mo.
Last month when I got the ZL1 with a $71k MSRP, I was quoted $211/month.
A quote for a $54k used 2016 BMW M4 was $222/mo. My agency could only say "prices have gone up."

How is everyone else doing?

ninetres · 01-03-2018, 04:37 PM

I pay $8XX annually through Grundy collector car insurance, but only drive my car 1-2x a week as a pleasure vehicle. Agreed upon $70k value. Unlimited mileage, but can’t be your daily driver.

lsp408 · 01-03-2018, 04:44 PM

I think I pay $160-170 monthly. I got 18 ZL1 and 17 JKU

dmwtech · 01-03-2018, 04:48 PM

I have too many cars, but I know when I replaced my 17 GT350 with the 17 ZL1, my insurance dropped about $200 every six months.

sengli · 01-03-2018, 05:16 PM

I came from a C6 Z06 car too, and the camaros were about 40% more a year to insure. When I questioned my insurance guy he claims that basically the corvettes even though were worth a lot more generally...they didnt have as many claims. Even though It might be true, its BS everyone gets stuck for the few.

harner · 01-03-2018, 05:18 PM

I was quoted ~$4 per month extra to go from an '11 CTS-V Sedan to a used '17 ZL1 M6. Take that for what it's worth.

DangerZL1 · 01-03-2018, 05:33 PM

Rolo, you may need to shop around to get better rates. It's hard to compare insurance, since it's based on your age, credit history, claims history, postal code location of the car, home/auto/life insurance multi-policy discounts, multi-car discounts, insurance coverage, deductibles, the insurance company, and miles driven/pleasure usage. There may have been some significant state rate increases in the state of FL following all the hurricane damage last year.

Dethsupp0rt · 01-03-2018, 06:28 PM

Quote:

Originally Posted by Rolo

My $72k MSRP 2015 Corvette Stingray Z51 3LT was $166/mo.
Last month when I got the ZL1 with a $71k MSRP, I was quoted $211/month.
A quote for a $54k used 2016 BMW M4 was $222/mo. My agency could only say "prices have gone up."

How is everyone else doing?

Florida must be awful due to the high number of accidents.

Illinois is kind of high, but my 2015 M3 was just under $90/mo., and the ZL1 is about $10 less than that. My Jeep Renegade is actually more to insure! I have State Farm.

Gunkk · 01-03-2018, 07:12 PM

Unfortunately my Auto insurance was due for renewal in October (right after Irma) and went up ~20%. Homeowners and flood both increased as well, but not as much.

My ZL1 is $1300/yr incl. a replacement cost rider, 48 & 50yo married, perfect records, garaged, homeowner, $500 ded, and 250/500 liability ($600 of the $1300), 800+ credit, no restrictions on usage.

Declared value @ $70k w/ Grundy would have been $1000/yr but I'd have to give up the ability to drive to work, go for errands on weekends, etc.

SLO · 01-03-2018, 07:14 PM

I pay 150 per month.... but we have several vehicles covered by state farm. About 25 more per month than my 2011 ctsv coupe manual

wired1 · 01-03-2018, 07:44 PM

Nationwide, NY $153. per month

likerage · 01-03-2018, 08:05 PM

98.33 a month with USAA and 400k in coverage.

URBAN LEGEND · 01-03-2018, 08:15 PM

This question doesn’t make sense. Everyone has different cases, situation, coverage etc.

Mattzkatz · 01-03-2018, 08:37 PM

It's too hard of a question to answer unless you're getting responses from people in the same area/state. When I moved from IN to Eastern KY a few years ago my insurance doubled just by moving zip codes. I paid less for 12mos worth of coverage in IN than what I paid for 6mos coverage on the exact same (2) vehicles in KY. Moved back to IN and price went back "relative" to what it was before...roughly 12mos worth of coverage/price for what it was as a 6mos price in KY.

WAAAAYYY too many factors involved, but a thread like this can sometimes help you see other options to check with outside of what you have local. Just my $0.02 anyway

01-03-2018, 04:32 PM	#1
Rolo Drives: 2017 Camaro ZL1 Convertible Join Date: Sep 2017 Location: Florida Posts: 25	Insurance costs My $72k MSRP 2015 Corvette Stingray Z51 3LT was $166/mo. Last month when I got the ZL1 with a $71k MSRP, I was quoted $211/month. A quote for a $54k used 2016 BMW M4 was $222/mo. My agency could only say "prices have gone up." How is everyone else doing?

01-03-2018, 05:16 PM	#5
sengli Drives: 2015commemorative vert 2SS Join Date: Oct 2013 Location: northern Indiana Posts: 949	I came from a C6 Z06 car too, and the camaros were about 40% more a year to insure. When I questioned my insurance guy he claims that basically the corvettes even though were worth a lot more generally...they didnt have as many claims. Even though It might be true, its BS everyone gets stuck for the few. __________________ 2018 ZL1 Bright Yellow, A10, PDR, sunroof, carbon hood, and dash- sold 2020 2SS A10 sunroof..shock and steel special-traded 2015 commemorative vert 2ss

01-03-2018, 05:18 PM	#6
harner Drives: 2018 ZL1 A10 Join Date: Sep 2014 Location: NEPA Posts: 454	I was quoted ~$4 per month extra to go from an '11 CTS-V Sedan to a used '17 ZL1 M6. Take that for what it's worth. __________________ SOLD! 9/1/2020 2018 ZL1 A10 Hyper Blue - Rotofab CAI, Gibson catback @SurefireDetail OEM ZLE tails/third brake light, Gen5DIY reverse LEDs, front Amber LEDs, SMG laser LED side markers, SMG smoked reflectors 1994 Trans Am LM7/CPT 4L60E/9" 1987 IROC 2006 Silverado

01-03-2018, 07:14 PM	#10
SLO Drives: Slo'ly Join Date: Dec 2017 Location: Denver Posts: 138	I pay 150 per month.... but we have several vehicles covered by state farm. About 25 more per month than my 2011 ctsv coupe manual __________________ My 7 year old playing pool against Shane VanBoening GyroCam with GoPro4 setup on track Last edited by SLO; 01-03-2018 at 07:46 PM.

01-03-2018, 08:15 PM	#13
URBAN LEGEND Drives: 20 X3M CP & 19 ZL1 1LE A10 Join Date: Jun 2013 Location: Brenham, TX Posts: 3,517	This question doesn’t make sense. Everyone has different cases, situation, coverage etc. __________________ 🔺22 RS E TRON GT 🔺21 Model S Plaid

01-03-2018, 04:37 PM	#2
ninetres Drives: Crush ZLE M6 \| 2000 Corvette FRC Join Date: Jun 2010 Location: Cencal Posts: 1,659	I pay $8XX annually through Grundy collector car insurance, but only drive my car 1-2x a week as a pleasure vehicle. Agreed upon $70k value. Unlimited mileage, but can’t be your daily driver.

01-03-2018, 04:44 PM	#3
lsp408 Drives: 2018 HB ZL1 M6 Join Date: Apr 2009 Location: Chattanooga Posts: 89	I think I pay $160-170 monthly. I got 18 ZL1 and 17 JKU

01-03-2018, 04:48 PM	#4
dmwtech Drives: 2017 Camaro ZL1 Join Date: Dec 2017 Location: Elk Grove, CA Posts: 46	I have too many cars, but I know when I replaced my 17 GT350 with the 17 ZL1, my insurance dropped about $200 every six months.

01-03-2018, 05:33 PM	#7
DangerZL1 Drives: 2023 Black ZL1 Auto Join Date: Oct 2009 Location: FEMA Region 4 Posts: 2,936	Rolo, you may need to shop around to get better rates. It's hard to compare insurance, since it's based on your age, credit history, claims history, postal code location of the car, home/auto/life insurance multi-policy discounts, multi-car discounts, insurance coverage, deductibles, the insurance company, and miles driven/pleasure usage. There may have been some significant state rate increases in the state of FL following all the hurricane damage last year.

01-03-2018, 07:12 PM	#9
Gunkk Thank you Al Oppenheiser! Drives: Red Hot A10 ZL1 Convertible Join Date: Jun 2017 Location: Sarasota, FL Posts: 5,156 View My Garage	Unfortunately my Auto insurance was due for renewal in October (right after Irma) and went up ~20%. Homeowners and flood both increased as well, but not as much. My ZL1 is $1300/yr incl. a replacement cost rider, 48 & 50yo married, perfect records, garaged, homeowner, $500 ded, and 250/500 liability ($600 of the $1300), 800+ credit, no restrictions on usage. Declared value @ $70k w/ Grundy would have been $1000/yr but I'd have to give up the ability to drive to work, go for errands on weekends, etc.

01-03-2018, 07:44 PM	#11
wired1 Drives: 2014 Jeep SRT/2017 ZL1 Join Date: Mar 2017 Location: Long Island, NY Posts: 65	Nationwide, NY $153. per month

01-03-2018, 08:05 PM	#12
likerage Drives: 2018 Camaro ZL1 Join Date: Dec 2017 Location: Denver Posts: 75	98.33 a month with USAA and 400k in coverage.

01-03-2018, 08:37 PM	#14
Mattzkatz Drives: Not yet, but soon Join Date: Nov 2017 Location: Indianapolis (south side) Posts: 102	It's too hard of a question to answer unless you're getting responses from people in the same area/state. When I moved from IN to Eastern KY a few years ago my insurance doubled just by moving zip codes. I paid less for 12mos worth of coverage in IN than what I paid for 6mos coverage on the exact same (2) vehicles in KY. Moved back to IN and price went back "relative" to what it was before...roughly 12mos worth of coverage/price for what it was as a 6mos price in KY. WAAAAYYY too many factors involved, but a thread like this can sometimes help you see other options to check with outside of what you have local. Just my $0.02 anyway

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