Maxima has a Sport/Performance rating (insurance issues)
#1
Maxima has a Sport/Performance rating (insurance issues)
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
Stereodude
#2
Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
#3
Re: Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by ejj5875
I just turned 23...I hope and pray that I get the same kind of cut that you're talking about. $450 would be nice. I'm paying about $1400 now!
I just turned 23...I hope and pray that I get the same kind of cut that you're talking about. $450 would be nice. I'm paying about $1400 now!
#5
Re: Re: Re: Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by ejj5875
Year
Year
*sigh*
Stereodude
#6
Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
I was on an insurance web site last year when we were buying the Max. The SE showed about 12-15% higher claim rate than GXE GLE. At the time we were looking at BMW and Audi and I was astounded at the high claim rates. The A4 was double the rate of comparable cars.
I don't have the URL. If I can find it, I'll post it.
#10
Originally posted by redmaxpa007
full coverage on the max and liabilty on my other car....1050 a year.....
full coverage on the max and liabilty on my other car....1050 a year.....
#11
That's expensive
Originally posted by Weasel
Got to be military insurance... my friend has a 72 Chevelle and 96 Impala SS and 9 tickets in the last 3 years.... and he pays the same as I do. Hooray for military insurance.
Got to be military insurance... my friend has a 72 Chevelle and 96 Impala SS and 9 tickets in the last 3 years.... and he pays the same as I do. Hooray for military insurance.
#12
Originally posted by Weasel
Got to be military insurance... my friend has a 72 Chevelle and 96 Impala SS and 9 tickets in the last 3 years.... and he pays the same as I do. Hooray for military insurance.
Got to be military insurance... my friend has a 72 Chevelle and 96 Impala SS and 9 tickets in the last 3 years.... and he pays the same as I do. Hooray for military insurance.
i been with the same insurance company since i was 15....and that was......... 11 years now...(jeez.. i am getting old)
#17
Re: Re: Re: Re: Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by Stereodude
You pay $1400 a year for the car and you're complaining?
*sigh*
Stereodude
You pay $1400 a year for the car and you're complaining?
*sigh*
Stereodude
#18
Originally posted by NightRider
Me? $4659/year. I must have the highest.
Me? $4659/year. I must have the highest.
Stereodude
#19
There are many factors that affect you insurance.
Where you live
Where you work (and how far you drive to and from work)
...or school
Married/Single
MultiCar discounts
Passive/Active Alarm
Automatic restraints (seat belts in the 3rd gen SEs, for example)
Driver's Ed Class (cost = ~ $20; savings = 10%; varies by location)
Age
Occupation
I have 2 cars + 1 humongous SUV. Full coverage on 2 and liability on 1. I pay < $1000 a year.
Helps to have your home insured with same company too.
Where you live
Where you work (and how far you drive to and from work)
...or school
Married/Single
MultiCar discounts
Passive/Active Alarm
Automatic restraints (seat belts in the 3rd gen SEs, for example)
Driver's Ed Class (cost = ~ $20; savings = 10%; varies by location)
Age
Occupation
I have 2 cars + 1 humongous SUV. Full coverage on 2 and liability on 1. I pay < $1000 a year.
Helps to have your home insured with same company too.
#21
Guest
Posts: n/a
Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
Talked to my insurance agent today about insuring my Maxima. It's over $2k to insure. When I asked what caused the insurance of the car to be so high I was told that the car has is listed as "sports/performance" by the insurance company. That coupled with higher than average repair costs and higher than average theft rates make the Maxima expensive to insure. In 8 months when I turn 23 the rates drop about $450.
Stereodude
#23
Originally posted by pjalst
I pay $1500 a year for my Max and my wife's 94 Altima Combined. Full coverage baby.
sometimes it's good to live in the boonies plus I'm 37....lol
I pay $1500 a year for my Max and my wife's 94 Altima Combined. Full coverage baby.
sometimes it's good to live in the boonies plus I'm 37....lol
I pay about $1400 - $1500 for 1 year of insurance.
State Farm, Michigan (Detroit suburb), 22 male, single, no tickets or violations.
Full coverage on 95 Maxima SE
Liability only on 91 Escort Pony
Renter's insurance for apartment.
#26
Re: Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by pjalst
I think your insurance agent has been visiting this site and have seen some the post about the dumb **** some of you do.
I think your insurance agent has been visiting this site and have seen some the post about the dumb **** some of you do.
Stereodude
#27
Originally posted by pjalst
I pay $1500 a year for my Max and my wife's 94 Altima Combined. Full coverage baby.
sometimes it's good to live in the boonies plus I'm 37....lol
I pay $1500 a year for my Max and my wife's 94 Altima Combined. Full coverage baby.
sometimes it's good to live in the boonies plus I'm 37....lol
I once payed $4300/month for an apartment, that was the going rate. It was a nice place and located midtown. It was fun and every night was partytime. Ok, before you think I'm rich the co. actually paid it and billed the client! hehe
Ain't nothing wrong with 37, I hope to be comfortable when I reach that age. The way the stocks are going I'll probably be homeless!
#29
Guest
Posts: n/a
Re: Re: Re: Maxima has a Sport/Performance rating (insurance issues)
Originally posted by Stereodude
I'm pretty darn sure you have me confused for someone else. If you can find even one thread on this forum where I talk about racing someone or some crazy thing I've done in any car I've owned I'll be mighty darn surprised.
Stereodude
I'm pretty darn sure you have me confused for someone else. If you can find even one thread on this forum where I talk about racing someone or some crazy thing I've done in any car I've owned I'll be mighty darn surprised.
Stereodude
#31
I got a better quote from Progressive for a single car policy than I did from AAA of Michigan on my parents policy with every possible discount AAA offers. So far Progress has been the cheapest at $2150 for a year (if you pay 6 months at a time). Geico takes up the other end of the spectrum at $4545 for the exact same coverage. Here's what I've got so far for a year for a 22 year old male with a spotless record on a 2k2 SE...
State Farm - $2550
Geico - $4545
AAA (parents policy w/ all discounts) - $2278
Progressive - $2150
I'm going to try seeing what American Express charges. I've heard their insurance is a good deal cheaper for younger drivers.
Stereodude
State Farm - $2550
Geico - $4545
AAA (parents policy w/ all discounts) - $2278
Progressive - $2150
I'm going to try seeing what American Express charges. I've heard their insurance is a good deal cheaper for younger drivers.
Stereodude
#32
Originally posted by Stereodude
I got a better quote from Progressive for a single car policy than I did from AAA of Michigan on my parents policy with every possible discount AAA offers. So far Progress has been the cheapest at $2150 for a year (if you pay 6 months at a time). Geico takes up the other end of the spectrum at $4545 for the exact same coverage. Here's what I've got so far for a year for a 22 year old male with a spotless record on a 2k2 SE...
State Farm - $2550
Geico - $4545
AAA (parents policy w/ all discounts) - $2278
Progressive - $2150
I'm going to try seeing what American Express charges. I've heard their insurance is a good deal cheaper for younger drivers.
Stereodude
I got a better quote from Progressive for a single car policy than I did from AAA of Michigan on my parents policy with every possible discount AAA offers. So far Progress has been the cheapest at $2150 for a year (if you pay 6 months at a time). Geico takes up the other end of the spectrum at $4545 for the exact same coverage. Here's what I've got so far for a year for a 22 year old male with a spotless record on a 2k2 SE...
State Farm - $2550
Geico - $4545
AAA (parents policy w/ all discounts) - $2278
Progressive - $2150
I'm going to try seeing what American Express charges. I've heard their insurance is a good deal cheaper for younger drivers.
Stereodude
#33
Originally posted by Frank Fontaine
$2150 as Carrie Bradshaw would say is uninsurable. Seriously, on a car that carries a kbb of 23,411 (don't forget to subtract the rebate to get into the high 21's) who would wanna pay nearly 10%/annually to insure? It's one thing if the vehicle is needed to get to work, but every time someone mentions "parents" it's pretty
$2150 as Carrie Bradshaw would say is uninsurable. Seriously, on a car that carries a kbb of 23,411 (don't forget to subtract the rebate to get into the high 21's) who would wanna pay nearly 10%/annually to insure? It's one thing if the vehicle is needed to get to work, but every time someone mentions "parents" it's pretty
Stereodude
#34
Wow, full coverage 20 minutes outside of Boston costs me $614/year on a 97 SE. I'm 25 and single. With some of the rates quoted on this thread I don't think I could afford to drive. How do you guys do it and still have play money left over?
#36
Originally posted by iwannabmw
Wow, full coverage 20 minutes outside of Boston costs me $614 on a 97 SE. I'm 25 and single. With some of the rates quoted on this thread I don't think I could afford to drive. How do you guys do it and still have play money left over?
Wow, full coverage 20 minutes outside of Boston costs me $614 on a 97 SE. I'm 25 and single. With some of the rates quoted on this thread I don't think I could afford to drive. How do you guys do it and still have play money left over?
#38
Nationwide here. They were cheapest last time I bid out my coverage. '97 SE model, 33, married, Chicago burbs.
<$600/yr w 2 accidents 10 yrs ago.
Usual driving 12K/yr with lots of "driving schools" on the weekends
<$600/yr w 2 accidents 10 yrs ago.
Usual driving 12K/yr with lots of "driving schools" on the weekends