fortytwo

Hey folks,

I have my 3rd renewal coming next month and I'm curious if there are any folks in the same situation as me, to see their rates.

The basics:

- New 2013 C63 purchased June 2013
- 26 years old
- More than 3 years driving (a California thing)
- No tickets ever (clean record at DMV)
- Pleasure 12k miles per year (if even)
- don't have rental or whatever other insurance (so can't bundle)
- lives in San Francisco
- 500$ deductible collision and comprehensive




My premium was 1750$ for 6 months for the past year (so twice 1750$).

Unfortunately, I had an at fault accident (nothing bad the kind of stupid parking accident by myself, touched a pole ) with more than 1000$ repairs this February, so of course it's gonna raise my insurance.

My new premium next month:



Are there any other folks in the same age/situation ? What company are you using ?

Advices, tips, tricks whatever you can think of, I'll take them.

Thanks in advance!

whoover

It's not "Bay Area," it's San Francisco. I pay about $850 in Saratoga for 6 months. My wife had an at-fault accident last year ($5K outlay for the insurance company), which is factored into that rate.

I do have my home policy with the same company, which is worth something but you're mainly the victim of a killer zip code.

PS. Make sure you check out $1,000 deductible. It can save a lot.

Sidv22

I have a 2009 so my rate is expected to be lower. i pay $475 for 6 months with few discounts like multi-car, Engineer's discount (whatever that means lol) My liability caps are much higher too.

b16

haha, I got an Engineers discount on mine too!

fortytwo

Thanks folks for the feedback, it's so much all this.

I think I have all the discounts of the world, missing one for French accent or something:



I just find this crazy to be honest.

zblake

I pay ~$1900/6 months for (1) 2012 C63 and (1) 2012 S550. Max coverage (300/300/300), $100 deductible, but I had a deuce 9 years ago. Wife with clear record is attached to the S550. Farmers so I have the house and a $1m umbrella policy through them. I'm 37, married with (2) kids.

zblake

you don't need roadside, MB's come with it.

fortytwo

Thanks for the feedback zblake!

I'm just shocked by how much everybody's paying (so cheap).

fortytwo

Right but it won't be free though compared to your insurance?

I feel like MB roadside is just a button to get them to call the closest tow guy but you pay for it or something ?

No clues actually. But eh 5$ per month.

whoover

Just think of your premium like your rent. You could move and save a ton but you wouldn't be living in The City.

stratman

Ok, I'm not 26 but that is huge for six months. Now, I am 57 and my previous 2012 ISF was $908/year with $1K collision deductible and everything else at $100K to $300K. My new 2013 (purchased 4/13/14 with 43 miles on the clock) C63/p31 and a bunch of other stuff will be $26 more. I also get a discount for insuring my home and multiple car discount so that helps. This is through AAA. I guess us Old Guys do Rule.

zblake

Nothing to do with the location (unless he lives in the bayview or something). My buddy has a Gillardo, a 550i and a M3 and pays $3500/6 months total in sf. shop around.

whoover

There's no zip code in SF that's less than 50% higher than mine, in the South Bay.
http://www.carinsurance.com/state/Ca...insurance.aspx

zblake

exactly.

fortytwo

My zip code is 94112 in case.

I just asked a buddy of mine with an Honda Fit (worth 10k) used, and he's paying 1200$ for 6 months.

So it's gotta be a SF thing ><

anthonymckay

Late 20's here. Was paying ~900-1k for 6 months until recently. I got a couple points on my license My insurance went up to ~1900 for 6 months now. Kicking myself for not trying to fight the ticket. I didn't think it would be that big of an increase. Anyway, this is for maxed out coverage with like a $500 deductible I believe.

whoover

Online traffic school, FTW.

Ingenieur

That is 50% more than the op's new quote
That is not cheap, even for those cars
Multiple cars with 1 driver doesn't increase rates that much
You can only drive 1 at a time so the odds of an accident don't change
$7000/year is nuts

Ingenieur

I think he's refuting your position
He's saying every zip in SF is over 50% GREATER than his
Correct?

fortytwo

Dude, I need to move to Oakland! Do you take the Bart everyday ? Or commute with the car ? (whole parking taxes sitch)

whoover

I have no idea what he's saying. He responded to my comment which rebutted his with "exactly."

But everyone who's priced insurance around here knows that SF is way higher than the rest of the Bay Area. They justify it with theft statistics but it's the collision that is the most jacked up. It's the same reason that gas is $.50/gallon more in SF than San Jose when the same tanker trucks service both stations. It's called charging what the market will bear. AKA gouging.

BiturboSF

Hey we're practically neighbors lol. Did you happen to be on Alemany coming off of 280 around 5-6pm? Saw a black C63 at the stoplight just like the one on your sig