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Discussion in 'California (Southern)' started by ollie, Mar 25, 2005.

  1. ollie

    ollie Karting

    Oct 7, 2001
    165
    San Juan Capistrano
    Full Name:
    Oliver B. Cagle
    I know this has come up before and I would be happy to go there, so just tell me or.... What insurance Company should I contact regarding mt 1978 308 GTS. I drive maybe 2000 a year and I want my son to drive as well. These miles include him.
     
  2. FarmerDave

    FarmerDave F1 World Champ
    Consultant

    Jul 26, 2004
    14,999
    Full Name:
    IgnoranteWest
    How old is your son?
     
  3. ollie

    ollie Karting

    Oct 7, 2001
    165
    San Juan Capistrano
    Full Name:
    Oliver B. Cagle
  4. FarmerDave

    FarmerDave F1 World Champ
    Consultant

    Jul 26, 2004
    14,999
    Full Name:
    IgnoranteWest
    In that case, I would get quotes from Hagerty, Leland West, American Collectors, etc. If your son was younger, the car wouldn't be eligible for these companies. All of these companies have strict guidelines on driving to work... like, you can't do it. :) Also, give your current company a shot, you never know, they may be competetive. Also, if you want to drive it to work on nice days during the summer, your current, standard insurance company will be a little more flexible with regards to usage.
     
  5. KRIS P.

    KRIS P. Karting

    Feb 15, 2005
    68
    The OC
    I have State Farm and my Gallardo is $200 a month for $250,000/$500,000
    coverage. You can even take it on a track too.
     
  6. julian355

    julian355 Karting

    Mar 12, 2005
    194
    orange county
    Full Name:
    julian
    I have my 355 with AAA very cheap 5k per year 82.00 on a three car policy
    AAA.com/usa
     
  7. Bmyth-FDC

    Bmyth-FDC F1 Rookie

    Oct 4, 2002
    2,742
    Southern California
    Full Name:
    Byron
    I use Wawanesa for my insurance for my '95 456GT + '95 M3... $1600 / year total for $300 deductible, full coverage, with no mileage restrictions to my knowledge... they are local to so cal.

    I've found, by comparison, that American Express has VERY competitive rates - Leland might work for you since you drive very little mileage.

    One note is that Wawanesa does not insure cars over $100k (at least they didn't when I signed up a year ago)...

    Hope that helps,
    Byron
     
  8. Chiaro_Slag

    Chiaro_Slag F1 Veteran

    Oct 31, 2003
    7,731
    CA
    Full Name:
    Jerry
    I pay around $850 a year for the TR. Full coverage - Deductible is $1k.

    Through AAA.
     
  9. tvu

    tvu Formula 3
    Silver Subscribed

    Apr 13, 2004
    1,199
    Southern California
    Full Name:
    Trieu
    I would agree with Byron's & Jerry's comments. I was shopping around last year, and stayed with my current provider, Wawanesa. Since it's was the fourth car on my policy - the difference was less than $500 a year for a 328.
    At the same time, I also checked with AAA - and the salesperson confessed that just a couple months ago, they couldn't compete with Wawanesa, but recently, they have dropped their rates, where now, they are pretty competitive. I don't think you can go wrong with either one.

    Good luck.
     
  10. Modenafan

    Modenafan F1 World Champ
    Owner Lifetime Rossa

    Dec 19, 2004
    11,913
    Moorpark
    Full Name:
    Jon
    I'm with State Farm and pay $1,450 per year for my '02 360M.
     
  11. FarmerDave

    FarmerDave F1 World Champ
    Consultant

    Jul 26, 2004
    14,999
    Full Name:
    IgnoranteWest
    This is pretty common. Rates fluctuate over time and across companies. Company A may have made good investments over the last few yrs, and had low loss ratios, and decided that they could increase their cash reserves, which means they can assume more risks (policies) than in previous yrs. So they'll lower rates to encourage people to switch to their company.

    Or, maybe company B didn't manage their investments as well, or had higher than expected loss ratios, and is not able to increase their cash reserves. So they might raise rates they offer to new business, because they want to slow or stop overall growth.

    This doesn't happen overnight, but it doesn't hurt to shop your policy every once in a while.

    The flip side is, don't jump ship from your current carrier over a few dollars a month. And, like I repeat ad nauseum, having a good relationship with an agent who knows you and your situation personally is invaluable, when compared with the 12 dollar an hour telephone operators you get with the 1-800-companies. :)
     
  12. bostonblizz21

    bostonblizz21 Rookie

    Sep 28, 2005
    2
    #12 bostonblizz21, Sep 30, 2005
    Last edited by a moderator: Sep 7, 2017
    dude try checking out http://www.insurance-quote-free.com/chris cheaper! i've checked out Progressive before but they were too high! ugggh! Goodluck
    Image Unavailable, Please Login
     
  13. DavidsF355Spider

    DavidsF355Spider Formula Junior

    Jul 3, 2005
    349
    Torrance, California
    Full Name:
    David

    I have AAA now, but I'm changing to State Farm, half the price
     

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