I pay $800/yr, a little more than a normal sedan. To keep it low, I self-insure with high deductibles and none of the extras like PIP, towing, rental, or uninsured. I do have high enough limits to cover all my assets though - very important.

 

[QUOTE=rworne,Feb 1 2006, 02:38 PM] Remember all those posts about people "driving spirited" and somehow wound up with their car in a ditch or on a curb? All those stolen seats? Those cars that took a side trip off a canyon road? They all add up eventually and the S2000 is now getting some really crappy ratings from the IIHS:
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Year

 

I'm paying roughly $230/mo for comprehensive/collision/pip and a $250 deductible on both my S and a '02 RSX-S.

I had the RSX first, and when I added the S as a second car my premium went up roughly $100/mo.

Not too bad, but I hope it stays that way.

Craig

 

I pay $1,014 / 6 months on my '06 S2k, owned in full. Added to my policy to replace my '02 Civic Si, it increased it about $200 bucks per 6 months. I have USAA w/ $500 deductible, and $1mil coverage.

 

Can you explain how the self insurance works? What is it you are getting for the $800 per year?

Thanks

Mike

 

Ouch those numbers are harsh. Premiums here have not gone up since '02. Infact, mine went down a couple years ago when I hit 25 I have my s2k, my civic, and renters insurance through state farm. Just about max coverage on it all and pay 160/month.

 

By self-insure, I carry collision and comprehensive only (nothing more) with a $1000 deductible. The money I save on insurance is happily growing in the stock market to cover any future small accidents.

One step further would be to drop comprehensive when the car is only worth $5k or so. That would be a long time for most S2000s though.

 

Here's my insurance premiums from 2003 to today. New rates are due in June *shudder*



At the rate it's going up, it might reach 2000/yr this June. I can't wait.

 

find a new insurance company. seriously.

 

yeah, i've never heard of auto ins. premiums rising from year2year just because???