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Damn, the cost of insurance for my Evo went up 30%!

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Old Jul 20, 2006 | 04:17 PM
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Damn, the cost of insurance for my Evo went up 30%!

I just opened my 6-month policy binder from GEICO and the 6-month premium for my Evo jumped from:

$536.30 to $700.70 which is just over 30%

My Evo is driven for leisure and will see less than 4,500 miles annually.

I have had no accidents, no tickets, or anything that would personally increase my premium.

In fact I've only had one ticket since driving (over 10 years), and the ticket was for letting the time on a parking meter expire.



I just got off the phone with GEICO and they explained to me that every year vehicles are asessed for risk by an independent company using DMV info, accident info, repair costs, theft reports, etc. and vehicles are given a rating.

He told me that the Evo's rating went up, thus increasing the premium.

He added that all insurance companies use the aforementioned info to assess insurance premiums for vehicles and told me that various Toyotas and Nissans have seen increased premiums as well.



To borrow a Family Guy line: This really grinds my gears!

Anybody else have a similar increase in insurance?

BTW: I blame all those morons, age exclusive, that have smashed up their Evo's doing something stupid. It's evident by the number of stupid threads that start with..........I smashed up my Evo.

Last edited by 6-speed; Jul 20, 2006 at 04:19 PM.
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Old Jul 20, 2006 | 04:29 PM
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I've had USAA insurance for 35 years and my comprehensive loss went from 82.40 to 108.55 and my Collision Loss went from 185.53 to 224.06. Nothing went up on the Saturn my son drives or the Mustang that my wife drives. Again, Like you no tickets or anything, must be some truth to the vehicle history.
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Old Jul 20, 2006 | 04:34 PM
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yes, im sure it is.... i have usaa as well, havent checked my premium but i guess i should.... to the guy who uses his car for leisure, for some reason when i changed my usaa policy to say i use it to drive back and forth to work and not just the weekends for leisure, my rate was lower... should ask them about that. or get away from geico. i got their free quote and it was over 100 more then my usaa premium
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Old Jul 20, 2006 | 04:37 PM
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Mine has not gone up, AAA insurance
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Old Jul 20, 2006 | 04:39 PM
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my policy gets renewed next month. i just checked and price did not go up. thank God~ i have Geico here also. any other geico members want to double check?

Last edited by [TYPE]SS; Jul 20, 2006 at 04:41 PM.
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Old Jul 20, 2006 | 04:41 PM
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Also if you remember the evo just topped the list of most stolen cars in the united states per 1000 vehicles.
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Old Jul 20, 2006 | 04:42 PM
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Actually, GEICO has always given me the best rates compared to the other insurance companies.

I get a decent discount from GEICO since I work for a government/state agency.

Not many people know but GEICO's an acronym for Government Employees Insurcance Company.
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Old Jul 20, 2006 | 04:44 PM
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My Geico expires next month too and it didn't go up either. An Odyssey and a IX for $800/6 months. Ouch, but not too bad I suppose.

My advice is to shop around a bit more. Esurance does everything on-line and was even cheaper than Geico for me, but they suck from a customer service stand point - ie: everything is done on-line.
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Old Jul 20, 2006 | 04:46 PM
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I just renewed mine with state farm this month and it went down a couple of dollars. Been with state farm for 6 years and they are awesome
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Old Jul 20, 2006 | 04:53 PM
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Originally Posted by SP00LIN
My Geico expires next month too and it didn't go up either. An Odyssey and a IX for $800/6 months. Ouch, but not too bad I suppose.

My advice is to shop around a bit more. Esurance does everything on-line and was even cheaper than Geico for me, but they suck from a customer service stand point - ie: everything is done on-line.
Unfortunately, I live in NJ now, famous for not much except the NJ Turnpike and high automobile insurance rates.

I'd be paying annually for the Evo close to what you pay for two cars

Time to raise my deductible.



Maybe it's NJ thing.

Curious what other NJ Evo owners have to say about this?
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Old Jul 20, 2006 | 05:04 PM
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that sucks, my insurance for the year went down
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Old Jul 20, 2006 | 05:23 PM
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Evo Ins

Mine went up $10/mo. (State Farm) In Cali at least it's still tied to ZIP code as well as many other factors. I can live with 60 over 6 months.
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Old Jul 20, 2006 | 05:30 PM
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lol you people *****ing bout paying 500-700 for 6 months make me fookin laugh, i'm paying almost 1,500 for 6 months..
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Old Jul 20, 2006 | 05:30 PM
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My 6 MO policy w progressive went from 1065 to 1200. No ticketd or accidents... Stinks!
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Old Jul 20, 2006 | 05:40 PM
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Originally Posted by Toomnymods
lol you people *****ing bout paying 500-700 for 6 months make me fookin laugh, i'm paying almost 1,500 for 6 months..
Damn.

I assume that your're talking about insuring your Evo and not your Titan?

I didn't know insurance was so high in North Carolina.

I think that the automobile insurance market, and any insurance market (home, life, or health) is a complete joke.
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