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Discussion Starter #1
My home and vehicle insurance is from USAA. They are usually very competitive. I have a touring sedan and their 6 month rate is $774. Because I have an umbrella coverage, liability is 500, 300, 100. I have $200 deductible on collision and 14,000 miles per year. Does this sound high for the touring model?
 

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That's high for me. I pay just over $500, but I have a very good credit score, I'm > 50, in Pennsylvania, no tickets/accidents. (State Farm, combined with homeowners)
 

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When it comes to insurance premiums, there are three important considerations: Location, Location, Location. Where you live can have a major influence on the cost of insurance, be it auto, home, or medical. We just learned this last January when we moved into our new home. We went from one zip code to another one 25 miles away. All of our insurance costs went down significantly with the same carriers. Our car insurance went down over $250 per year for the same policy. Our medical insurance dropped by 20%. Our home insurance dropped by over $650 per year for a house that is twice as valuable. The new zip code has a lower cost of living. Compare your costs with different carriers for your address. What is high for your area may be low for another area.
 

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I have a lease, so I have to have 100,300,100k coverage, I have 300 dollar deductible, 825.00 a year through Ameriprise via a Costco membership. Saves me at least 400+ bucks a year. I also have renters insurance replacement value coverage of 35k for 117.00 a year. Nobody could come close to touching that price. Ameriprise doesn't take high risk customers, people with lots of accidents, so they pass on that savings to us. :)

Age, accidents, tickets, location, all of that factors into the price you will pay.
 

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For auto insurance, one of the biggest factors is credit score. Basic actuarial science - people with excellent credit scores have fewer claims.
 

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Discussion Starter #6
For auto insurance, one of the biggest factors is credit score. Basic actuarial science - people with excellent credit scores have fewer claims.

Didn't help me. My scores are well above 800.
 

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In Massachusetts its not allowed to use your credit score. They base it on your driving record, what you drive your age, and where you live.
 

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USAA and Progressive is comparable for me here in Florida. Mine is around $600-$630/6 months for my Touring Sedan with 50/100/50 and 500 deductible and rental car reimbursement.
If you have a costco membership, its definitely worth calling Ameriprise for a quote, they saved me 400+ a year over anyone else for my car.
 

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did anyone get a discount with their insurance because of the new sensing safety equipment? I think Geico doesn't offer a discount.
 

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did anyone get a discount with their insurance because of the new sensing safety equipment? I think Geico doesn't offer a discount.
None are doing it yet cause they haven't any "data" to judge its effectiveness - Wonder if the Tesla rates will increase if you use it on their cars?
 

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In Canada, insurance is insane for young drivers.

I'm 23, with the Civic Touring. No claims, one speeding ticket from 2 years ago (15 km/h over). I pay $1,900/year. I have $1,000,000 liability, $500 collision deductible, $300 comprehensive deductible, glass coverage, free rental car, accident forgiveness, and gap insurance.

Here in Canada, nobody is offering discounts yet for the sensing. Though I must admit, it has come in handy a few times when people cut me off.
 

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I was in a similar place as you in Canada, high insurance rate until I hit the age of 25 and by then your speeding ticket will be off the record too. Mine is around $1500 right now, not too bad unless I get a ticket or into an accident.
 

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I'm 23, with the Civic Touring. No claims, one speeding ticket from 2 years ago (15 km/h over). I pay $1,900/year. I have $1,000,000 liability, $500 collision deductible, $300 comprehensive deductible, glass coverage, free rental car, accident forgiveness, and gap insurance.
That's insane. I pay around $920. Question though, why do you have such high liability? That is the max I can even get with my insurance. If I had the same coverage as you mine would jump up to around $1100 a year. Of course I have no idea what kind of discounts you get. I have several such as bundled insurance and such, so I get almost $200 off a year for that plus I am over 25 so my insurance is lower because of that as well.
 

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I ended up going with Geico. I was with Farm Bureau but had to jump ship. I've got a great driving record, great credit but FB was go a charge me $1100 for a year on the Civic. Geico is $652. Pays to shop insurance every year. I moved all my auto insurance to Geico.
 
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