Bishop #0447 Posted May 25, 2018 Report Share Posted May 25, 2018 Just wondering what on average do most of you guys pay for insurance? Going and getting quotes but am wondering what an average is Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted May 25, 2018 Report Share Posted May 25, 2018 It would help if you posted your state and vehicle info. Quote Link to comment Share on other sites More sharing options...
cobradad Posted May 25, 2018 Report Share Posted May 25, 2018 (edited) I have liberty mutual on my 07 Shelby GT. Cost is $1336 per year (full coverage) So far have not had to contact them for any issues. Edited May 25, 2018 by cobradad Quote Link to comment Share on other sites More sharing options...
Al & Cyndi Haas Posted May 25, 2018 Report Share Posted May 25, 2018 2008 GT500 'vert, Oregon, full coverage less than 7500 miles a year, $695.00 year. State Farm. Quote Link to comment Share on other sites More sharing options...
SoCalSGT Posted May 26, 2018 Report Share Posted May 26, 2018 There are a lot of variables: is it a daily driver; do you track it; how many miles per year do you drive it; what kind of coverage do you want; is it garaged etc, etc. I searched and researched for my 2011 GT350 and found American Modern to be the best coverage and easiest to deal with, and I get to pick the miles I drive. I can also call them and up the miles for any given year if I'm going to an event for example. About $650/year now that I'm in TX. Quote Link to comment Share on other sites More sharing options...
ChicagoChris Posted May 29, 2018 Report Share Posted May 29, 2018 SGT driven less than 5,000 miles a year, listed as a seasonal driver, State Farm charges me $700 a year. Living in the People's Republic of Chicago doesn't help even though I rarely drive it and never park it out of my sight. Quote Link to comment Share on other sites More sharing options...
Mongoose Posted May 29, 2018 Report Share Posted May 29, 2018 I happen to agree with some of the comments on these posts! In today's world there are so many different variables that can affect your insurance rate! Like, for example the area, (crime rate)-(traffic)-(weather conditions)-(high rate claim area)-(driving record)-(credit rating)-(insured rate)-(miles used) and this is only a few of what they could use to determine your rate! And, also the replacement cost of said vehicle. So I think you can understand why it would be very hard for you to determine a guess on the average of what we fellow members pay for our insurance! There's just to many variables involved! F.Y.I. Also check Haggerty, and Grundee collector car insurance rates! Good luck with your search! "MONGOOSE" Quote Link to comment Share on other sites More sharing options...
Orion Posted May 30, 2018 Report Share Posted May 30, 2018 I went from $1600/year in one of the worst zip codes for insurance in LA to an average of $70/ month ($840/year) by switching to Metromile. I drive a little less than before, taking my motorcycle to work even if there's a slight chance of getting rained on. Quote Link to comment Share on other sites More sharing options...
Pastor Passum Posted May 31, 2018 Report Share Posted May 31, 2018 Hi Bishop, as everyone has said, a lot depends on location etc. I'm with Nationwide and currently pay $854.00 per year with a multi car discount. A couple months ago I inquired about reduced rates since I don't put many miles on the Shelby. I signed up for their Smart Drive discount. They put a monitor on your car ( actually you plug it into the diagnostic plug) for 90 days. It monitors your mileage, night driving minutes (midnight to 5am) idling time and sudden acceleration and braking (I know!). Anyway, it's good for up to a 40% discount. If you're like me and don't drive much in the winter months, sign up in December and in March your good for a year. I'll let you know in about 55 more days how it worked out. The plus is you may get a great discount and they CAN'T raise your rates due to Smart Drive results. Quote Link to comment Share on other sites More sharing options...
Big Al Posted May 31, 2018 Report Share Posted May 31, 2018 I just insured mine through Grundy for $439 a year. Less than 2500 annual miles driven, non-Daily driver and I gave them an insured value above what I paid for the car. I also live in rural OK so that probably cheapens it some. Quote Link to comment Share on other sites More sharing options...
Bishop #0447 Posted June 6, 2018 Author Report Share Posted June 6, 2018 Thank you everyone, I do know there are a lot of variables BUT the way you guys replied answered lots of my questions I had with this post so thank you ! Got a few quotes and am generally happy Quote Link to comment Share on other sites More sharing options...
BIKEBOY Posted June 20, 2018 Report Share Posted June 20, 2018 Just switched today from Grundys to Hagerty. 2007 SGT, unlimited miles. Zero deduct comp. & coll. ....... $700 year. Although its “parade, car show” style insurance, they do NOT request periodic odo readings like some other company’s do. Quote Link to comment Share on other sites More sharing options...
kevin Posted June 20, 2018 Report Share Posted June 20, 2018 I just got a quote today from Hagerty for a 2008 SGT I’m looking to buy. They had a package with 5000 miles per year. Coverage limits are 100/300/100. I can’t drive it to work daily (not an issue....I work from home). I can use it for pleasure driving and use it around town....just not daily driver use. Agreed value at $25,000. Price was quoted at 640.00 per year. State Farm quoted me $940.00 per year for same coverage, no useage restrictions, but no agreed value. Kevin Quote Link to comment Share on other sites More sharing options...
BIKEBOY Posted June 20, 2018 Report Share Posted June 20, 2018 10 hours ago, kevin said: I just got a quote today from Hagerty for a 2008 SGT I’m looking to buy. They had a package with 5000 miles per year. Coverage limits are 100/300/100. I can’t drive it to work daily (not an issue....I work from home). I can use it for pleasure driving and use it around town....just not daily driver use. Agreed value at $25,000. Price was quoted at 640.00 per year. State Farm quoted me $940.00 per year for same coverage, no useage restrictions, but no agreed value. Kevin Where do I sign ???? Quote Link to comment Share on other sites More sharing options...
kevin Posted June 20, 2018 Report Share Posted June 20, 2018 37 minutes ago, BIKEBOY said: Where do I sign ???? I called them at 800-922-4050. My quote was for 500 deductibles on comp / collision. Quote Link to comment Share on other sites More sharing options...
IASHELBYGT Posted June 22, 2018 Report Share Posted June 22, 2018 Iowa - Insured for $45K stated value. No deductible $663 per year. No mileage limits, but cant be a daily driver/grocery getter. Quote Link to comment Share on other sites More sharing options...
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