$4000 insurance per year ... Why so expensive？

Shotta · 05-13-2012, 10:30 PM

I just bought my used Z recently and its costing me LESS per month to insure the 201 370z then it is to insure my 2008 Ford Escape or the 1996 BMW 328is.

Go figure!

DJ-of-E · 05-14-2012, 12:58 PM

Quote:

Originally Posted by Elric

Thanks for bringing up this idea of being in the "high risk pool". That could really explain it. I drive very carefully and aviod doing stupid stuff. But being five years away from turning 25, I need to bear with it for now and build up my record overtime.

Once you hit 25, you'd wonder why your bill is so low.

Unless you're like that one 19 year old kid who killed his passenger in an MR2...while racing against a pick up....on a long and straight street. Then you don't have to worry about insurance because you're now screwed.

http://losangeles.cbslocal.com/2012/...street-racing/

btw, the passenger was his own sister.

4r3s · 05-14-2012, 02:49 PM

Quote:

Originally Posted by DJ-of-E

Once you hit 25, you'd wonder why your bill is so low.

Unless you're like that one 19 year old kid who killed his passenger in an MR2...while racing against a pick up....on a long and straight street. Then you don't have to worry about insurance because you're now screwed.

Drivers In Deadly Crash May Have Been Street Racing In Westminster CBS Los Angeles

btw, the passenger was his own sister.

disgusting, always the case though, the person that should have paid with their life lives. At least the mini van occupants didn't die. I don't know how I'd live with myself if I killed a sibling doing something just down right moronic like this.

Gauge · 03-28-2012, 07:05 AM

i pay roughly 700 a year for my insurance lol

2011 Nismo#91 · 03-28-2012, 07:15 AM

Parking my car up in North Jersey on the street was about $1000 more then parking it in my parents driveway in central jersey. Location has a lot to do with it.

Mikes350z · 03-28-2012, 07:40 AM

Quote:

Originally Posted by 2011 Nismo#91

Parking my car up in North Jersey on the street was about $1000 more then parking it in my parents driveway in central jersey. Location has a lot to do with it.

Very true, Im from Northern NJ and used to park in a garage at my home, but now being in Mass im in a parking lot at an apartment complex, insurance went up but nothing sky-high, I am 24 and it is $131 a month now. Not terrible. But I honestly have no speeding tickets and no accidents (knock on wood) this is also my second Z so the insurance company was glad I never crashed the last one or sped (GEICO) and should drop in cost significantly when I turn 25 next year.

theboydiddy · 03-28-2012, 07:52 AM

Interesting

kenchan · 03-28-2012, 10:04 AM

i dont remember anytime in my life having to have to pay over $600 for 6months...

NBZ34 · 03-28-2012, 10:35 AM

2012 NISSAN 370Z 6 month full coverage policy: $383.01

Insurance Co. is USAA
Over 40
Married
No tickets or accidents in past 20 yrs

imwazn · 03-28-2012, 02:48 PM

My insurance is about 4 grand also

. I'm only 19 though, albeit without any tickets or accidents. I also have the good student discount and everything. They quoted me for about 2 for a Mustang though. I am not sure the reasoning behind the price difference.

TerribleONE · 03-28-2012, 02:49 PM

probably because the Z is only a 2 seater making it a "true sports car" in the insurance companies book even though the 5.0 could get you into even more trouble..

Cyberium · 03-28-2012, 03:05 PM

Quote:

Originally Posted by TerribleONE

probably because the Z is only a 2 seater making it a "true sports car" in the insurance companies book even though the 5.0 could get you into even more trouble..

When insurance company's hear "Mustang" they think of:

When they hear "370z" they think of:

TerribleONE · 03-28-2012, 03:08 PM

sad but true ^ I was very surprised when I got quoted under 1000 a year

Th3 On3 · 03-29-2012, 10:50 AM

Quote:

Originally Posted by agrotech

2012 NISSAN 370Z 6 month full coverage policy: $383.01

Insurance Co. is USAA
Over 40
Married
No tickets or accidents in past 20 yrs

Damn this is what I almost pay a month for my policy =[

Bucketlist2012 · 05-13-2012, 09:38 AM

It is all about age..

Younger male drivers will race and drive faster on the streets...

Don't ask how I know this..But it is so true..

Experience means nothing at all..It is the instant willingness to race and go 100mph plus.. The insurance company knows this..You can talk about your racing experience, track time, blah,blah, blah..

I was young once and never , ever, drove slow..

Now at 52 with a 420HP pro touring Hot rod, i built it for track racing, and i will not race on the street because i own my Home, and have a large portfolio...I would not risk those just to beat someone at the stop light..They laugh and think they beat me...I didn't race..I won the game of life and live large.. i do not want to give it away in a lawsuit.

And then ther is the mortality factor...I have been near death, and i know that I could kill innocent people if i race.

When i was young, the cars on the freeway were my orange cones at the autocross.. In and out between them at 100mph plus, not any more..

So, it is age...first...then add in all the other stuff and you pay more than i pay for all three of my cars...two are high performance.

03-28-2012, 07:05 AM	#4 (permalink)
Gauge Track Member Join Date: Sep 2011 Location: Madison WI Posts: 867 Drives: 2012 370Z Nismo PW Rep Power: 16	i pay roughly 700 a year for my insurance lol __________________ I am a demon bolt slayer.

03-28-2012, 10:35 AM	#9 (permalink)
NBZ34 Enthusiast Member Join Date: Jan 2012 Location: New Braunfels, TX Age: 55 Posts: 467 Drives: '12 Touring AT Sport Rep Power: 14	2012 NISSAN 370Z 6 month full coverage policy: $383.01 Insurance Co. is USAA Over 40 Married No tickets or accidents in past 20 yrs Last edited by NBZ34; 03-28-2012 at 10:39 AM.

03-28-2012, 02:49 PM	#11 (permalink)
TerribleONE A True Z Fanatic Join Date: Jan 2009 Location: Socal Posts: 10,203 Drives: WOT Rep Power: 5851	probably because the Z is only a 2 seater making it a "true sports car" in the insurance companies book even though the 5.0 could get you into even more trouble.. __________________ 638WHP 541WTQ @ 13.5PSI Build thread

03-28-2012, 03:08 PM	#13 (permalink)
TerribleONE A True Z Fanatic Join Date: Jan 2009 Location: Socal Posts: 10,203 Drives: WOT Rep Power: 5851	sad but true ^ I was very surprised when I got quoted under 1000 a year __________________ 638WHP 541WTQ @ 13.5PSI Build thread

05-13-2012, 09:38 AM	#15 (permalink)
Bucketlist2012 A True Z Fanatic Join Date: Feb 2012 Location: Northern California Posts: 1,424 Drives: 370Z Touring/Sport Rep Power: 17	It is all about age.. Younger male drivers will race and drive faster on the streets... Don't ask how I know this..But it is so true.. Experience means nothing at all..It is the instant willingness to race and go 100mph plus.. The insurance company knows this..You can talk about your racing experience, track time, blah,blah, blah.. I was young once and never , ever, drove slow.. Now at 52 with a 420HP pro touring Hot rod, i built it for track racing, and i will not race on the street because i own my Home, and have a large portfolio...I would not risk those just to beat someone at the stop light..They laugh and think they beat me...I didn't race..I won the game of life and live large.. i do not want to give it away in a lawsuit. And then ther is the mortality factor...I have been near death, and i know that I could kill innocent people if i race. When i was young, the cars on the freeway were my orange cones at the autocross.. In and out between them at 100mph plus, not any more.. So, it is age...first...then add in all the other stuff and you pay more than i pay for all three of my cars...two are high performance. __________________ 2009 Sport/Touring 370Z 1971 Z/28 with coil overs, rushforth's, willwoods, Hotchkis. 4 speed GMC Sierra1500

05-13-2012, 10:30 PM	#1 (permalink)
Shotta Enthusiast Member Join Date: Apr 2012 Location: Niagara Posts: 316 Drives: 2010 370z black M6 Rep Power: 14	I just bought my used Z recently and its costing me LESS per month to insure the 201 370z then it is to insure my 2008 Ford Escape or the 1996 BMW 328is. Go figure!

03-28-2012, 07:15 AM	#5 (permalink)
2011 Nismo#91 A True Z Fanatic Join Date: Mar 2011 Location: NJ Posts: 2,413 Drives: slowly Rep Power: 40570	Parking my car up in North Jersey on the street was about $1000 more then parking it in my parents driveway in central jersey. Location has a lot to do with it.

03-28-2012, 07:52 AM	#7 (permalink)
theboydiddy Track Member Join Date: Mar 2012 Location: New York City Posts: 938 Drives: 370z Pearl White Rep Power: 15	Interesting

03-28-2012, 10:04 AM	#8 (permalink)
kenchan A True Z Fanatic Join Date: Aug 2009 Location: N/A Posts: 76,801 Drives: N/A Rep Power: 141522	i dont remember anytime in my life having to have to pay over $600 for 6months...

03-28-2012, 02:48 PM	#10 (permalink)
imwazn Base Member Join Date: Aug 2011 Location: Virginia Posts: 187 Drives: 11 370Z Base, M/T Rep Power: 15	My insurance is about 4 grand also . I'm only 19 though, albeit without any tickets or accidents. I also have the good student discount and everything. They quoted me for about 2 for a Mustang though. I am not sure the reasoning behind the price difference.

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