DanMan35

Do they do any sort of annual mileage verification to where if you claim you only drive 2500 miles, but after their annual check they see you drove 4000 miles instead, they automatically hike up your premium?

Donzo7

No I asked the agent that very question and he said no its based on what you tell them. That would save me about $25 per month. But I'd be lying...

Turbo6TA

$329 for 6 Months ... Works out to be $55 per month
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This is on a 2011 GS and driving the car only 2,000 miles per year ... also no tickets or accident claims in the last 15 years.

Car used for pleasure only.

Car parked in a garage and in a gated subdivision ... [may] be of a benefit ?
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Turbo6TA

OP .... Maybe your insurance company found out your Corvette Forum user name is "streetracer"

WrayG

Wow I may need to shop around. I’m 31, clean record (no accidents or tickets) and with $500 on both collision and comprehensive I pay $119/mo with USAA on my ZR1.

Turbo6TA

The ZR1 insurance is going to be higher than the same year / same overall condition GS ... if everything else is equal between the two cars.

1. Insurance companies will consider the ZR1 more of a performance car = Higher insurance premiums

2. The ZR1 will have a higher replacement value if totaled compared to a same year GS = Higher insurance premiums

passagemaker43

I don't know if it is helpful but I have both USAA insurance (CT cars) and The Hartford with their AARP program (FL cars). With multiple Corvettes under The Hartford my ZR1 costs just over $500 per year for personal use with less than 2500 miles a year. When I am away from it for more than a month I put it under storage and that drops the annual rate to under $150 a year. I declined uninsured motorist coverage (only covers my medical bills and any my passenger receives from a collision caused by an uninsured motorist) which saved me about a third of what the cost would have been with it. Also I declined collision coverage since I don't put many miles on it so I decided to take that risk (despite an aggressive driving style I have had only one accident in over 50 years and that was 47 years ago).
Example - with my car stored for half the year my annual cost for the ZR1 is about $325. I found the costs for my other Corvettes were about 10 to 15 % less than the ZR1. AARP with the Hartford is worth looking into.

Donzo7

No collision insurance 🙄😬🥴😟🙁☹😮😯😲😳

usgiorgi

I'm 31, no tickets in the past 6 years. 2009 Z06 with 18k miles. Paying $340 every 6 months with Geico. Full coverage with $500 deductibles with a high property damage and medical coverages. I came to this car from a 2018 Charger Scat pack where I was paying a little more than double that with Geico...

Nitrousbird

'06 C6Z, $29/month. That's with 5000 miles/year, coverage to meet my Umbrella's requirement and $250 deductible. I was surprised how cheap this car was to insure. 42, clean record.

Somehow my wife's Audi S4 is like $44/month for the same coverage and it makes 1/2 the power and much safer to drive.

haldasdude

jealous of every single one of you! 280$ per month with 1000$ deduct
20 yrs old with a 2010 Zr1 feels pretty cool to say though!

SweetZO6

I’m 73, live in the Peoples Republic of MD and insured by USAA. $924.00 per year with $1,000 deductible.

Ed

JABCAT

I just switched from NCM to Grundy. Insured value $85k, no mileage restrictions, $0 deductible & $1k/year premium. NCM would not insure the car for that value, $500 deductible, and the premium was a good bit more for 3,000 mi/yr restriction.

I just saw Grundy also insures your other vehicles as long as you have 3 & 1 is on a collector vehicle policy. I reviewed their coverages which are much better than my Allstate policy, so am going to get a quote and look into possibly switching.

Another thing about my NCM policy is I provided all the information on the car before purchase, VIN & window stickers to find out how much the premium would be. Confirmed the premium a couple times, purchased the vehicle & then the premium was $300 more per year than what they had confirmed. Wasn’t too happy about that.

DanMan35

I have gotten two quotes from NCM for two Corvettes and both times they have been considerably higher than other companies, including Progressive.

I did not know that about Grundy, I'll take a look.

Rokket

I have Grundy on my ZR1 and my 69 Camaro. I don't have my ZR1 insured for as much as your car is. Maybe I should revisit it.

JABCAT

Multiple Carbon Editions have recently sold for north of $85k & there’s another on BaT right now. Add the fact that mine is a Callaway (an additional $25k over the Carbon MSRP), and there are less than a handful of them, they didn’t balk at the value. NCM on the other hand said a $53k Carbon was more comparable to mine .