Insurance rates? | FerrariChat

Insurance rates?

Discussion in '360/430' started by dwells, Mar 29, 2017.

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  1. dwells

    dwells Rookie

    Jan 15, 2017
    34
    Hi Guys, Looking to see what some of you are getting charged as a 6 mo premium with full coverage, 250k

    for a 2000 360 spider and looks like the quote is $4,300 for a 6 mo premium

    any suggestions on providers?
     
  2. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    2,153
    San Diego CA
    Full Name:
    Fernando
    Well it all depends where you are and obviously your driving record, But try Travelers I think I am paying 2k a year including my wife's SUV (100/300/100 and 500 deductible for both collision and comprehensive)


    Sent from my iPhone using Tapatalk
     
  3. dwells

    dwells Rookie

    Jan 15, 2017
    34
    In TX I have a clean driving record, no other drivers, 25 yrs old.
     
  4. Turbotuner20v

    Turbotuner20v Formula Junior

    Mar 18, 2014
    362
    State Farm - $106/mo
     
  5. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    this is widely discussed...it really varies depending on your age, zip code, number of cars ,which insurance companies, type of insurance etc. Cost can go as little as $400 to $4000.
    For a 2000 360, shop around a bit more. 4k seems high
     
  6. RedTaxi

    RedTaxi F1 Rookie
    Silver Subscribed

    Mar 1, 2012
    3,339
    New Zealand
    Full Name:
    Glen
    What's the 250k about?
    My 430 manual is well insured and is 1.5k per year.
     
  7. RedNeck

    RedNeck F1 World Champ
    Silver Subscribed

    Jul 8, 2016
    12,328
    The CSA
    Full Name:
    Me
    1200/year, both the Z06 and 360 through Grundy.
    My Crossfire, CX-5 and Silverado altogether are around 1800/year through Geico.

    The biggest factor in Collector's insurance is agreed value of the cars, and it's the biggest difference in regular insurance. If I insured the Ferrari and Z06 through Geico also it would have been about 4000/yr.

    I'm also 36 and live in a country-assed part of North Georgia (and love it). Your age and location probably have a lot to do with it.
     
  8. mike32

    mike32 F1 Veteran

    May 13, 2016
    5,962
    Isle of man- uk
    £430 a year for a 430 and a rav4. About 1-10 dollars to the pound. Glad i dont live in your areas
     
  9. GLS12

    GLS12 Formula Junior

    Jan 9, 2011
    587
    Occupied VA
    Full Name:
    Greg
    I use AAA (though I am thinking about switching) and pay about 800 per year on my 360 in a country part of Northern Va and am 33. That rate seemed high to me, but maybe is not crazy based on what some other folks are saying.
     
  10. chnco

    chnco Formula Junior

    Dec 20, 2014
    464
    Atlanta, GA
    Full Name:
    Allen C
    I have GEICO on my 3 vehicles and my 360 is only about $1k a year. I checked with Grubdy and it was relatively inline
     
  11. Ahmed_Z

    Ahmed_Z Karting
    Silver Subscribed

    Aug 24, 2010
    217
    Washington DC area
    Full Name:
    Ahmed
    I pay $1,400 a year for my F430. 35 years old in the DC area, clean record. I also have my Lexus on the policy.
     
  12. Jana

    Jana F1 Veteran

    Mar 4, 2015
    9,872
    My guess is your age is killing you. I pay $3600/year in Dallas for a brand new Huracan. My 360 was at least half that, but insurance in TX is higher than a lot of states.
     
  13. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    I knew I had a problem when my car insurance hit $12,000 a year. Hello, my name is TF, and I'm a car addict.
     
  14. Yellow Compass

    Yellow Compass F1 Veteran
    Sponsor

    Nov 23, 2015
    8,119
    NYC Area
    Full Name:
    Yellow Compass Supercars
    Hi everyone please reach out to Neal Patel at NBP Insurance , here is Neal's information linked to my website , he has well over 300 Ferraris insured for owners, you will be very satisfied with his service and agreed value pricing 🏁
    Mike


    Insurance
     
  15. Ron328

    Ron328 F1 Rookie
    Silver Subscribed

    Mar 10, 2003
    2,627
    Willamette Valley, Oregon
    Full Name:
    Ron
    $1200/year, agreed value (95k), 6k miles/year, Infinity Insurance. Just turned 53 and live in Oregon.
     
  16. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,281
    i pay $1800 for 6mo with a 430 and two other cars and four tickets and a wreck on my record.
     
  17. Drestless

    Drestless Formula 3

    Oct 1, 2014
    1,251
    Riverside, CA
    Full Name:
    Jam
    I pay around $65 / month for my 360. Yup sixty-five dollars, didn't miss a digit. Full coverage $300k Allstate. Multi-car discount for sure on my end.

    I think I'm not considered old or a veteran driver by insurance underwriters yet. :).

    Early 30's here.
     
  18. chnco

    chnco Formula Junior

    Dec 20, 2014
    464
    Atlanta, GA
    Full Name:
    Allen C
    Who's your carrier?
     
  19. 360Kevin

    360Kevin Rookie

    Mar 24, 2017
    27
    Virginia
    Full Name:
    Kevin
    $900 per year agreed value of $109k, Travellers. 46 years old in Northern Va. clean driving record. Multiple cars.
     
  20. f355spider

    f355spider F1 World Champ
    Owner Rossa Subscribed

    May 29, 2001
    18,045
    USA
    Contact Grundy Worldwide for a collector policy with agreed value. As long as you are not daily driving the car, this is one of the better deals around. And with agreed value, there is no dispute process if the car is totaled.
     
  21. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    I have Farmers (premium determination vehicule), agreed value 133k, only car under this policy. $1000/year, in LA, 36, clean driving record. The only catch is the car needs a certified appraisal every 3 years ($350 first time by my appraiser, $150 to re-certify), and the car has to be older than 9 years old, so newer models wont qualify.
    250/500, $500 ded
     

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