Just curious to see how much people pay.
I'm 27, live in North Carolina, and have a clean driving history.
I have full coverage on two cars:
1990 Jag XJS
2007 Nissan Pathfinder
100/300 coverage
I pay $690 for six months.
How about you?
I would recommend better liability coverage, especially if you are well off. 100/300/100 is the lowest I will write and it is usually reserved for youthful renters or those who are in a very tight spot financially. Go for 250/500/100 or 500 combined single limit. You will thank me if you hurt someone in an auto wreck, plus the premium increase is usually pretty small if you have a clean record.
I don't write in NC, but the premium seems pretty reasonable based on what I see in the mid to western states. To really do accurate comparisons, you need much more info though...like your deductible amount and other coverages on the policy. To simply asks what one pays is sort of like saying all insurance policies are more or less the same, which is certainly not the case!
Me 31, wife 32, full coverage in San Jose CA
2008 Honda Accord ex
2008 Acura TL-S
~$2k per year
I write some CA business, and that seems reasonable for that state, cheap if you have tickets or accidents. This is assuming that your liability limits are about the same as the guy above? CA is an expensive state.
As for myself, I used to pay about $100 per month for my 98 Toyota 4 Runner for a $500K single limit policy. It included a $500 collision deduct and a $100 comp deduct and all the bells and whistles (rental reimburse, towing and roadside assist, med pay, and $500K UM/UIM). I hit a patch of black ice in the middle of Nebraska and totalled the car last fall (but thankfully wasn't hurt). This is considered a chargable accident, so I now pay about $150 per month for my 02 Lexus RX330 for the same coverage.
For anyone who is wanting to know, these are some rating factors that affect your premiums with most companies:
1) Credit score is a HUGE rating factor with most comanies
2) Your driving record. Minor violations usually count for 3 years, majors usually 5 years
3) Your age...usually decreases your premium with age up until around 70, then it goes the other direction
4) Your gender, young un-married males get hit the hardest (feel your pain guys)
5) Married or un-married. Many companies now write domestic partnerships as well
6) Your garaging location and your work location, and the distance between them
7) Your usage of the vehicle. Note that delivery vehicles require a specialty insurance policy...you guys delivering pizzas ARE NOT COVERED by a standard auto policy when performing your job. Call your company discreetly if you don't believe me.
8) Some companies also use your occupation and education level as a rating factor.
9) Some companies look at your insurance history with other companies, such as how long you are loyal to them and what level of coverage you carry
10) and of course, the vehicle to be insured and its safety features
EDIT: Oh and lastly, but very important...ALWAYS combine your home/auto/renters/umbrella policies with the same company if you are able. This is a huge discount. I have even seen cases where the client would pay less money for both an auto and renters policy than if they were to just have auto alone with the same company.
