The quote from AIG did come via my broker, My main guy (who usually can get it lowered) is out of town. The fill in’s position is “you have another Porsche with an agreed value of 100k so the quote is about right.” My thought is I’m overpaying on both. LOL
I guess it’s time to shop the entire package. I’d love to keep it all together, AIG Private Client has been great. I’ll have them shop it with CHUBB and PURE. I’ve had CHUBB in the past and only hear good things about PURE. Cheap insurance often sucks when you have a claim.

 

Insurance depends on age, driving history, and location . It can vary tremendously . When I was in. my 20's I bought the cheapest possible insurance . What I found is that they grab you the first 6 months and raise the rates . A friend of mine at that time recommended Geico and I have been with them ever since . I am in my 60's now . Along the way I suggested Geico to others and sometimes they got a higher rate quote on. cheaper car than. I was getting . So your experience may vary . One thing Geico does have is MBI insurance . Its like an extended warranty in terms.of a mechanical breakdown after the factory warranty expires . I have never made a claim but guys on the Macan Forum have praised it to the hilt and my service dept says they always pay .

I have 3 cars so I have no idea what my GTS is unless I looked it up . I pay about 6K (rounding up) a year on all three cars with. 300/300 plus uninsured motorist at the same along with 1M umbrella . It might be slightly under the 6K . I pay every 6 months about 2800 or so. I have no tickets or accidents and over 50. married , wife also has no tickets or accidents.. Any time IU have asked Geico to help is when some crashes into me . I pay the deductible which they refund in about 2 months . They do after the other party insurance and Geico pays my car repair in the interim .

 

why do you need agreed value on a new(ish) GTS? That's why your quote is so high. Just add the car to your personal auto policy and it should cost a fraction of what you were quoted. This is a regular production car, still being produced, not a collector car, so agreed value is pointless.

 

Their current value is about 140, way off the market hence the agreed value.

 

I recall my broker shopped AIG and that probably helped convince PURE to drop their quote. Either way AIG, Chubb and PURE are all top tier - there is no question you will be covered thoroughly in the event of a claim.

 

Have you done your homework on that statement?

 

I use Hagerty and it works fine, I don't let anyone drive the car and use it ~3000 miles a year. Carry high deductible and make sure you don't overvalue your car.

 

When I call Hagerty again about the incoming GTS I'll check about the value. Thank you for pointing it out. I know living in Florida can mean higher premiums because of the hurricanes but this is a bit silly compared with what others are paying. Yes my coverages are high but sheesh. I get coverage for my regular cars through Costco and I've been spoiled I guess.

I swear I'd rather work on taxes while sitting in the Dentist chair than mess with insurance.

 

$2,200/yr for 2020 Macan S + 2021 992C4S with Progressive wth $500 deductible IIRC.

Don't know if the cap is region dependent but I didn't have any issue insuring the 992 at above mentioned figure. After getting screwed for years by the "good neighbor" crooks, haven't looked back.

siberian

 

Because if I had to replace mine in short order it would cost me an extra $25k ADM? Seems obvious. I didn't even get ADM built into my agreed value, but probably should have. I have 8k miles and could probably still sell my GTS for more than I paid.

 

Comparing insurance prices with other people is a pointless exercise that will frustrate you.

Why?

• Different limits
• Different coverage availabliity
• Different discounts (home/auto, business, etc)
• Different credit
• Different driving history
• Different geographical location

It's apples to oranges. For example, I am about 90 min from Philadelphia. Auto rates here are roughly 1/4 of what they are in Phila and surrounding areas. FOR THE SAME EXACT RISK.

Source: insurance guy for about 20 years.

Here's some tips:

- IF DOING AGREED/STATED VALUE, READ!!!!! Make sure your policy isn't going to pay you the LOWER of agreed and replacement. The insurance carrier is 99% of the time NOT going to pay you $200k if your car is worth $150k. READ YOUR POLICY!
- shop around, it can't hurt
- lf you can put the car in a business/LLC, traditionally commercial coverage is cheaper and will give you an extra layer of protection against your assets. There is also more pricing flexibility.
- For cold weather areas, you may be able to agree to a "lay up" period if you know you wont be driving in winter weather.
- WATCH OUT FOR MILE LIMITATIONS

 

I have a C2S on order and checked with my agent for a price-around $800 with Allstate with a multicar discount and home insurance with them.

 

Thanks for all the help guys. I think I’ll stick with AIG for three more months when my entire package comes up for renewal. Then I’ll shop the entire package with AIG, PURE and CHUBB. Thanks again for all the help.

 

Thank you! Very helpful. Gonna go read my policy again right now.

 

I would also read the part about "replacement".

Back in 2015 and when I was still with my "good neighbor" insurance carrier, they offered to replace the vehicle in case it was totaled for an added fee. Since I had at the time bought the one but last Audi RS5 for the US market before the line was stopped, there was no way they were going to replace the car as it would no longer be available. Save a few bucks... caveat emptor as they would tack anything on you signed up for.

siberian