Cost to insure a GT3
#3
Rennlist Member
#7
Their is not much relevance here. Age, location, driving record, marital status, credit score, how many cars you have, is it your first sports car, limits, etc. etc.
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#8
Burning Brakes
Exactly. Best thing to do is shop around. I had state farm for a long time and thought their rates were good. I called Allstate on a whim and they were literally half the price.
#9
Race Director
Agree. My long time insurer (Mercury), who had always been reasonable with other Porsches wanted more than $3K to insure the GT3 for a year. A little shopping around got me a rate significantly less than 1/2 that. I think what's relevant to the OP is knowing that at least it's possible to get a fair insurance deal on the car.
#11
Nordschleife Master
That's because you live in Manhattan! Stupid insurance companies associate Manhattan with people not driving their cars because of lack of parking,traffic etc and using other means of transportation,so less risk. At least that's what has been explained to me...
#12
Race Director
Not at all. CIG (Capital Insurance Group) I switched all of my insurance over to them after Mercury tried to hose me. GEICO had a rate that was a little higher but in the ballpark if you're looking for a stand alone auto policy.
#13
Race Director
Most insurance Companies always try to hose you. Every year my Insurance Company tries to play me for a fool and put me over a barrel. I use a Broker who I met 13 years ago and he always takes care of me w/o diminishing any of the necessary coverage. My Insurance company tried to raise me $600 this year between house and cars and he got them to keep it the same. What a scam
#14
I'm with GEICO and have 300/500 coverage with $1k deductible for what amounts to $100 / month.
#15
Rennlist Member