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Insurance Questions

Discussion in '360/430' started by TheInfamousDrew, Feb 12, 2016.

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  1. otakki

    otakki Formula 3
    Silver Subscribed

    Mar 24, 2016
    1,634
    Thanks for the infos. What are these "large independent regional brokerage firm?" What keywords should I google to find them? Could you please provide some examples?

    Good suggestion. I indeed have a garage and another registered car that can be used as daily driver. I called my current insurance, Geico, and they gave me a quote of around $2100/6months based on a used FF. They wouldn't do "agreed value" and will only use value of the car as new. Geico's cap on vehicle value is $150K but they would not use $150K when I asked.
     
  2. Walt Gamble

    Walt Gamble Formula Junior

    May 22, 2014
    426
    Agree on State Farm for my 360

    360 is the next 275GTB
     
  3. Labman

    Labman F1 Rookie
    Silver Subscribed

    Jun 25, 2010
    3,801
    Long Island, NY
    Full Name:
    Steve
    Condon Skelly. 2007 430 Spider. Agreed value of $160k. 500k/500k/500k limits. $500 deductible. No winter layup here in NY. $1600 per year.
     
  4. arizonaitalian

    arizonaitalian Two Time F1 World Champ
    Owner Silver Subscribed

    Oct 29, 2010
    20,503
    Wyoming


    Try "insurance broker near me".

    While we don't know all the details needed to truly say so, $4200 per year seems high.

    You will want to place all your coverages with the same carrier and get an umbrella policy too.
     
  5. ideloera

    ideloera Formula Junior

    Jun 2, 2015
    525
    Chicago
    Full Name:
    Isi
    32Yrs Old, State Farm, $500 deductible, about $1100/6 months. I remove collision coverage in the winter as my car gets stored in the garage.
     
  6. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    For Ny that's awesome price. Any restrictions?
     
  7. Labman

    Labman F1 Rookie
    Silver Subscribed

    Jun 25, 2010
    3,801
    Long Island, NY
    Full Name:
    Steve


    Hi Don,

    It's for limited mileage. Like 2500-3000 per year or something like that. For me it's perfect since between my two Fcars I don't put that much on either one anyhow. You also must have a garage to store your car and proof of other daily driver cars. It will be a bit cheaper for lower limits and a winter layup. High limits are the way to go though.
    You should call them. I saved a few guys in our area a lot of money with them :)
     
  8. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    Sounds like a good deal but I drive more than 3k per year.
     
  9. wojteki

    wojteki Rookie

    Feb 1, 2016
    47
    Jackson, NJ USA
    Full Name:
    Wojtek I.
    I recently picked up a 2007 F430, and insurance was something I was initially concerned about. I am located in NJ and insured with Liberty Mutual. I had my homeowners and 2 Mercedes SUVs already on a policy. Adding the F430 coverage costs me no more than if I was to add a new BMW 5-series. I do have to say I was very pleased, having expected to pay a lot more :)



    Voy
     
  10. TnT F430

    TnT F430 Karting

    Jan 26, 2015
    128
    Granite Bay, CA
    Full Name:
    Tom
    Just renewed my Grundy policy with no issues, same cost as last year. $150K agreed value, $1660/ year. 2007 F430.
     
  11. HIO Silver

    HIO Silver Formula Junior

    Mar 12, 2016
    497
    Northern California
    Full Name:
    Alonso C.
    Allstate.

    Full coverage at $1388 per year with a $1000 deductible... But I have seven other vehicles on the policy.
     
  12. Walt Gamble

    Walt Gamble Formula Junior

    May 22, 2014
    426
    Ken458 ... I believe length of relationship has a lot to do with it. My rate with State Farm is even better. Zip code also plays a part. We're outside Portland. They stuck with me on my 275GTB for 37 years...no questions but did limit mileage to 7500 and listed as second car. Good info everyone..thx

    360 is the next 275GTB
     
    FerrariTexas likes this.

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