While gas prices are hurting our car budget, it's car insurance that really hurts us each year. We pay $629 a year and unlike gas where we can decide not to use the car, that has to be paid. How much do you pay for car insurance?
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How much do you pay for car insurance?
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Re: How much do you pay for car insurance?
That $629/yr is about what I pay for my auto insurance also. I do have collision and comprehensive (although with high deductables). I saved about $200/yr by switching from Statefarm to Progressive 4 years ago. I keep getting quotes now and then from others but have yet to find a better deal.
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Re: How much do you pay for car insurance?
I pay 1100 for myself and about the same for the wife. We live in the 'burbs of New York City and the wife has had two accidents. One of the accidents was not her fault! We jave taken the 10% insurance reduction class our state offers. We also have the homeowners with our carrier.
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Re: How much do you pay for car insurance?
I live in Northern NJ, the Auto Insurance (and Property Tax) capital of the world! We pay $3342/year for 3 cars using Liberty Mutual. No young drivers, no accidents, no points. Just really expensive auto insurance. Every year I check other companies and they all come in around $4000.
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Re: How much do you pay for car insurance?
Insurance is rediculous here. I think I pay close to 400 every six months. It shoudl be higher (and probably will go up due to a speeding ticket in February). When I first mvoed here I was never driving so I said I was only driving 2000 miles a year. That reduced it quite a bit. Most companies figure 12-15k miles a year. The less you drive the less chance of an accident. Also part of your insurance is based on teh chance it gets stolen. Hello honda accord and acura integras...
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Re: How much do you pay for car insurance?
$1256.98 a year, for three cars, two with collision and comprehensive. Which is a lot better than what I used to pay when I lived within the city of Chicago, back then I would pay almost the same amount, but I had two cars, and neither had collision or comp on them.
When it comes to car insurance it's location, location, location (then credit, driving record, age, etc.).
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