Insurance :(

Discussion in 'Camaro Questions' started by the_camaro_kid, Jun 15, 2005.

  1. the_camaro_kid

    the_camaro_kid Veteran Member

    I pay about $2100 for 6 months full coverage with a $500 ded with progressive insurance. They are the least expensive out of the ins co that would carry me. I only insure the car for $5000 because that's what I bought it for, but after it was repainted I felt like it was worth about $10,000 and insurance was $4200 so I changed it back. They will only insure it for a stated amount. I don't think they like to insure 21 year olds that drive camaros. The things I do to drive my Z28.
  2. 74'C4mar0_b0y

    74'C4mar0_b0y New Member

    Jun 10, 2005
    Hesperia, CA, USA
    i had the same proble, but get this, i own a '74 camaro Type LT, i pay roughly $280mo, but since i pulled the engine outta it, ive been driving my '75 pontiac esprit and i only pay $114mo, with the same company,.... if youve seen these two cars, the bodies are almost identical.... the pontiac has a stock 350ci BBP, and my camaro had a stock 350ci SBC, i dont understand how they rate their customers, my pops says that the pontiac is a "Luxury" model....last i checked so was the Type LT...anyways go figure, its expensive to be an 18 year old 2nd gen fan....*sigh* its a rough life
    take care
  3. Twisted_Metal

    Twisted_Metal Administrator Staff Member Lifetime Gold Member

    Feb 26, 2004
    Bloomington, MN
    You can blame me... Insurance paid out around $10K to repair my 78 due to a few mishaps when I was your age. (Hence, my board name. [​IMG] ).
  4. mech393

    mech393 Veteran Member

    Aug 9, 2003
    belvidere illinois usa
    when i was 47 i had an 87 z i was charged $750.00 every six months when i was 18 i had a 72 z totally tricked out and i paid $1200.00 a year, go figure
  5. 70 SS/RS Guy

    70 SS/RS Guy Veteran Member

    Feb 12, 2003
    Lake Stevens Wa USA
    I pay 30.00 a month through Farmers for 24,000 value of the car, full coverage. I guess thats the only thing good about hitting 40.
  6. dgwar

    dgwar Veteran Member

    Mar 22, 2005
    Santee,South Carolina
  7. hooch79z

    hooch79z Member

    Dec 1, 2004
    Littleton, Colorado
    I know what you mean. When I was a teenager, my insurance payments were often close to double my car payments.

    I pay a lot less now at 40.
  8. the_camaro_kid

    the_camaro_kid Veteran Member

    I bet it rates change a lot depending where you are located too.
  9. Gary S

    Gary S Administrator Lifetime Gold Member

    Apr 14, 1999
    Bismarck, North Dakota
    Yes, big cities suck. They have much higher accident rates, and much higher theft rates than rural areas, so it is only fair that cars in large cities get charged rates that reflect the risk they are at.
  10. Matt T

    Matt T Veteran Member

    Nov 12, 2003
    Pawtucket, RI, USA
    Will your parents put you on their ins. instead of getting your own? My parents "owned" & insured my Firebird as a third car until I was 21. I did this for the first few years (I also took a chance and went liability only) and only had to pay ~600 a year. Doing it this way they didn't care what kind of car it was. On my own rate doubled for liability and went to ~2500 for collision.
    I'm sure rates have gone up in the past 17 years, but it worked at the time.

    Matt T
    70 Formula 400
    71 Camaro (in pieces)

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