Insurance ? | FerrariChat

Insurance ?

Discussion in 'Ferrari Discussion (not model specific)' started by 350black, Dec 3, 2004.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. 350black

    350black Rookie

    Nov 19, 2004
    31
    Chicago, Il
    Full Name:
    360wanted
    I was just wondering from you guys if you had any idea what a 25 year old guy could expect to pay a year in insurance for a 2001 360 coupe.

    Any help would be appriciated.
     
  2. Farmers Agent

    Farmers Agent Karting

    May 24, 2004
    153
    25 year old without discounts, ie multicar, hm etc. 250/500/100 bipd, 2500.00 deducts. 750.00/ 6 mths
     
  3. razer2k5

    razer2k5 Rookie

    Nov 28, 2004
    17
    Malibu, CA
    Full Name:
    Maxim
    It costs me $7000 / 6mo for a 2000 360 Modena. thats with 2m umbrella coverage.
     
  4. parkerfe

    parkerfe F1 World Champ

    Sep 4, 2001
    12,887
    Cumming, Georgia
    Full Name:
    Franklin E. Parker
    $7k! I don't pay that much for three house, 3 cars and 1 morcycle combined...all of which have a $3mil umbrella attached!
     
  5. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
    13,477
    Never home
    Full Name:
    Dr. Dumb Ass
    Here's a novel concept, call your agent. Everyone has different needs, he or she will be able to price a package that meets yours.
     
  6. Dan Ciezniewzky

    Dan Ciezniewzky Formula 3
    BANNED

    Sep 6, 2004
    1,351
    Indianapolis
    sadly that 7k might be right, I'm 20 and I got a quote on a 99 360 Modena for 3600 for 6 months or 7200/ yr and that would have been a pleasure vechile and my 4th vechile.....so it doesn't look good :(
     
  7. 4i2fly

    4i2fly Formula 3

    Apr 16, 2004
    1,333
    SF, Bay Area
    ...I am wondering where this would be quoted and what it would be with discounts?
     
  8. 350black

    350black Rookie

    Nov 19, 2004
    31
    Chicago, Il
    Full Name:
    360wanted

    Can this be right? I pay more than this for my 350z
     
  9. Farmers Agent

    Farmers Agent Karting

    May 24, 2004
    153
    hello, I am a Farmers insurance agent living in Illinois. I own and drive a Ferrari. when I saw this post I was in my office and did up a qoute, My qoute was $750.00 approx. $7,000.00, Wow. Find a new insurance agent that looks out for you, not his pocket!
     
  10. 350black

    350black Rookie

    Nov 19, 2004
    31
    Chicago, Il
    Full Name:
    360wanted
    This is right? Wow if this is true then it is a lot more affordable than I thought.

    What type of price could I get from you for a 350z for a 25 year old male with a perfect driving record? And if so could I use you?
     
  11. Farmers Agent

    Farmers Agent Karting

    May 24, 2004
    153
    I am lic. in Illinois. find an agent in your state. rates will vary per state. Insurance cost should not be a concern when buying a car like this.
    Good luck.
     
  12. FarmerDave

    FarmerDave F1 World Champ
    Consultant

    Jul 26, 2004
    15,782
    Full Name:
    IgnoranteWest
    Hey FarmersAgent! I'm an agency producer for a Farmers agent here in Irving (Dallas) Texas. Going career in Jan. I did a doubletake when I saw your handle:)

    350 Black - FarmersAgent is right, find a local insurance agent who can help you out. Having an agent with any company, be it Farmers, SF, Allstate, etc., is much better than using the 1800 Numbers. When you call a 1800 Number, you are getting someone who is probably making $10 bucks an hour and after you discuss your insurance situation with them, they enter you into the computer and now you're a number in a database. Instead of spending millions of dollars on advertising 1800 numbers, Farmers, SF and Allstate use personal agents, who are client focused. You can develop a relationship with your agent, and when you call their office, they'll know you. They'll help you evaluate your entire situation and make sure you have apppropriate coverage.

    How you are going to use the car is critical. Weekend Cruiser or Daily Driver? There are different policies for each use. Club racing? There are even policies out there for insuring dedicated racecars in "Storage, Transit and Paddock" with no coverage for street use or while the vehicle is on the racetrack.

    Feel free to ask more questions, and we will do our best to help guide you to the proper type of coverage.
     
  13. Farmers Agent

    Farmers Agent Karting

    May 24, 2004
    153
    Hey Farmers agent producer. Wow great explaination. Need a job? Now I am in trouble with your boss. I probaly know him.

    my name is Dan Giacalone my off Phone is 847-783-0954. do you own a Ferrari?
     
  14. Ken

    Ken F1 World Champ

    Oct 19, 2001
    16,078
    Arlington Heights IL
    Full Name:
    Kenneth
    Farmers gave me a better deal than Hagerty on my Lotus; less restrictive and not much more money.

    Ken
     

Share This Page