911Gr8tness

Hi Folks,
Like many other states, CA is getting hit hard by insurance increases.
When I bought my car just over 2 years ago, my annual insurance rate w/ Allstate was ~ $2400. This year's renewal is estimated to be $3700. A 55% increase.
Clean record, no tickets (knock on wood),accidents, etc..

Is this just the reality or are there better providers? My Tesla insurance through Tesla has stayed flat during the same time period.

Any recommendation?

Thanks in advance

Schwarz992C4S

Move… 🤣 Seriously though, try Porsche Insurance

nyca

All my combined insurance (homeonwners, auto, etc) in NY went up 30% just this year. I ended up using Hagerty for my 911 since it isn't a daily driver. It was still expensive, but half the bill of my "regular" insurance.

jstap808

how much were they asking for your 911 on your prior insurance for 6-mo?

DrKarlB

Farmers did the same to me... they want to pull out of CA so i got all sorts of BS until i switched... now ive got the same BS with homeowners insurance with them
For the fun cars (R8 and 992 T) i switched to Hagerty
For the commuters i switched to Geico

DrKarlB

In CA they stopped offering policies... they were at capacity and they might be offered again later... i guess its a pilot test ??

911Gr8tness

Did a quick quote online and Haggerty is quite a bit cheaper, though I need to up the coverages, online it keeps reverting back to the minimums...
thx!

dizz81

I think insurance as a whole has gotten out of control. The positive side of my story is that IF I was to switch to a 992 from my CT5BW, then my insurance would actually go down by 20$...

But it's still crazy expensive these days.

Risley

Sold our home in Naples FL, we were DONE with the insurance BS. One year of homeowners and flood on our Naples home is what we pay to insure our NC home for 12 years!!! We rent a little condo now in Naples.

gwud2go

Porsche and Hagerty insurance are both new to me.... I will be in a similar situation come Nov for a new 992.2 meant as a daily and I need to get a new insurance for it in CA.
Any pro's and con's of these for the uninitiated? Thanks.

DrKarlB

Here is what you get trying to get a Porsche quote in California right now
Hagerty were great to deal with

quarterscale

Yes, CA has some of the highest insurance rates in the country. Fires, earthquakes, repair costs all increase the risk for insurance companies. One way to potentially reduce your premiums is to have your policy(s) “rewritten” every few years. This saved me $1700 this year on my policy with Liberty Mutual. I think the 911 will cost about $2K to insure this coming year. I dropped the collision on all of our older cars (2017 and older) and maxed out the deductables. The word is “don’t over insure,” especially cars you’re not driving daily.

quarterscale

Delete (sorry, double posted)

dizz81

I wish. I just had my policy rewritten because I removed my BMW from the policy and my insurance actually went up. lol. My M550 was 1900 and my CT5BW was 864 (6 month renewals). I removed the M550 and my BW went up to 1496.
Bastards...

quarterscale

Yeah, that can happen depending which market or state you are in. You must live in a region where they are trying to cut losses by jacking up premiums to make their profit margins. Some companies will help you out with a comparison between your current premiums and a quote for something rewritten. Others will tell you that it's a gamble and will only reveal the savings OR increase after you given them approval for the rewrite. Yes, "bastards."