GT3 Insurance Question
03-14-2018, 06:28 PM
#31
Originally Posted by FourT6and2
Ever had to use your Liberty Mutual insurance for repairs? They just told me they don't authorize actual OEM Porsche parts should something need to be replaced. If I get an estimate at a shop for real Porsche parts they will deny the claim. Farmers said the same thing. But they do let you pay extra for the ability to use OEM parts. Liberty Mutual didn't have that ability.
03-14-2018, 06:28 PM
#32
Drifting
Thread Starter
I'm sure it'll be different prices once I get a VIN and the car shows up in May. But I've got a good idea now. Geico, Amica, Farmers are the top three.
03-14-2018, 07:58 PM
#33
Instructor
Per year $100/$500 deductibles
AMG 2015 E63s wagon San Jose = $1932 <<<>>>> AMG 2016 E63s wagon Bainbridge Island= $1816
AMG 2017 GTs San Jose = $1916 <<<>>>> Porsche 2015 GT3 Have not paid yet
but quoted around $1900
03-14-2018, 07:59 PM
#34
Racer
For me Geico wouldn't insure a car over $150K. Also they don't have the GT3 model in their database and when I did it by VIN it came up as "911 Carrera GT3" with a value of $91K
03-14-2018, 08:15 PM
#36
Drifting
Thread Starter
What state are you in? It goes by state.
03-14-2018, 08:41 PM
#37
i got $200 a month quote at geico. But I assume its not agreed value?
03-14-2018, 08:52 PM
#38
Originally Posted by _fletch
For me Geico wouldn't insure a car over $150K. Also they don't have the GT3 model in their database and when I did it by VIN it came up as "911 Carrera GT3" with a value of $91K
I'm in NY
03-14-2018, 09:01 PM
#39
Drifting
Thread Starter
Yeah, cash/market value. Nobody does actual "agreed value" except those specialty companies like Hagerty and Grundy and classic car companies. And you need to have a dedicated daily driver on a separate policy to be eligible, which I don't. I live in a city so I walk everywhere. The GT3 is a weekend fun car. So I have to stick to the regular insurance companies.
03-14-2018, 09:15 PM
#40
First, Congratulations on your GT3!
From what I've gathered, in NJ, when I've reached out to Statefarm, Progressive, Geico, Farmers, and Plymoth Rock and only Geico and Farmers were willing to cover GT3.
From what I've gathered, in NJ, when I've reached out to Statefarm, Progressive, Geico, Farmers, and Plymoth Rock and only Geico and Farmers were willing to cover GT3.
Last edited by ReadyEddie; 03-14-2018 at 09:36 PM.
03-14-2018, 09:18 PM
#41
03-14-2018, 09:24 PM
#42
Originally Posted by Ascend
by market value, do they mean that low "kbb" value or actual trading value of gt3?
03-14-2018, 09:25 PM
#43
Drifting
Thread Starter
Most likely some super low KBB value the adjuster looks up. Every time I asked the person on the phone giving me a quote, they would say it's something you have to argue with adjuster about.
03-14-2018, 09:25 PM
#44
