I just received my renewal and my premium was slightly increased. The same thing happend with our '04 WRX Wagon as well, but its increase was more significant. We are married, both over 25, have flawless records (i.e., no tickets or at-fault incidents) and have more policies with State Farm beyond the vehicles and house.

It states that the claim experience on your make and model of vehicle has resulted in a reduction to your vehicle rating group or comprehensive and/or collision coverages.

Your Vehicle Safety Discount has been reduced for your personal injury protection and medical payment coverage.

The claim experience on your make and model of vehicle has resulted in a reduction to your liability rating group for bodily injury and/or property damage coverages.

Did anyone else renew recently and saw their premium increase as well?

 

http://articles.moneycentral.msn.com/Insur...rsToInsure.aspx

 

Nice! I haven't read the article yet, but both of our cars are on there!

 

I'm with SF and mine went up as well. My Jeep costs more to insure than the Bimmer.

 

http://www.statefarm.com/insurance/auto_in...ating/honda.asp

Note that the S2000 gets a big discount for not damaging other cars or hurting other people, a small discount for not hurting the occupants, and a big penalty for damage and theft to the car itself.

 

[QUOTE=JawKnee,Jan 17 2007, 10:25 AM] Nice!

 

Which brings up a discussion topic. Because the real expense for the S2000 is the "Comprehensive" coverage, raising your comp deductable would return a significant portion of the cost. Obviously, if you are cash poor, this may not be a wise choice. Depending upon how much ri$k you can handle out of pocket and whether you have a loan secured with the car, you might consider dropping Comprehensive coverage altogether.

 

[QUOTE=jerrypeterson,Jan 17 2007, 01:29 PM] Which brings up a discussion topic.

 

That is the discussion topic but you are diving into a intrinsic vs: material value juxtaposition. It is safe to say more than one user in the forum have financed their S2000 with significant impact to their debt to income ratio. And it should be safe to say that most people care about their car more than they would a Nerf football, if only for the discrepancy in replacement cost.

 

why the fuq are we talking about personal finance here?

juxtapositional analysis or not, all i'm saying is someone with an s2000 that'll MAYBE get $8K on the market talking about risk out of pocket is a bit... off the collective mark.

and yes most people do care more about their car than a nerf football... and you as well jerry... just not a nerf football but maybe more like a bottle of chilled crater lake