S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

How much do you pay for Insurance for S2000?

Thread Tools
 
Old Jan 11, 2013 | 04:38 AM
  #1  
caraficionado's Avatar
Thread Starter
Registered User
 
Joined: Sep 2012
Posts: 216
Likes: 0
Default How much do you pay for Insurance for S2000?

Good news is that I just bought an S2000 after months of looking - 2007 with 67k miles!

Bad news is insurance is nearly $80 a month for full coverage, $500 deductible, 3000 miles s year for a 50 year old with no accidents on record and a couple of tickets!

This rate seems way too high. I could have bought a 2007 Corvette or 911 and have similar rates!

I was wondering how much others are paying for insurance? I am trying to get a general picture of the rates for S2000's.
Old Jan 11, 2013 | 04:54 AM
  #2  
TheMuffinMan's Avatar
15 Year Member
Photogenic
Photoriffic
 
Joined: Mar 2009
Posts: 1,831
Likes: 11
Default

It's going to vary far more than you would imagine (deductible, coverage amounts, rental, liability, # of cars, etc) and there are several threads on this already.

https://www.s2ki.com/s2000/topic/907...ance-how-much/

https://www.s2ki.com/s2000/topic/946...nsurance-like/

https://www.s2ki.com/s2000/topic/985...for-insurance/

https://www.s2ki.com/s2000/topic/983...a-s-insurance/

https://www.s2ki.com/s2000/topic/951...age-insurance/

Just as examples.
Old Jan 11, 2013 | 05:10 AM
  #3  
caraficionado's Avatar
Thread Starter
Registered User
 
Joined: Sep 2012
Posts: 216
Likes: 0
Default

Originally Posted by TheMuffinMan
It's going to vary far more than you would imagine (deductible, coverage amounts, rental, liability, # of cars, etc) and there are several threads on this already.

https://www.s2ki.com/s2000/topic/907...ance-how-much/

https://www.s2ki.com/s2000/topic/946...nsurance-like/

https://www.s2ki.com/s2000/topic/985...for-insurance/

https://www.s2ki.com/s2000/topic/983...a-s-insurance/

https://www.s2ki.com/s2000/topic/951...age-insurance/

Just as examples.
Exactly what I was looking for, thanks.

I'll learn to use the search a bit more thoroughly next time.
Old Jan 11, 2013 | 05:14 AM
  #4  
TheMuffinMan's Avatar
15 Year Member
Photogenic
Photoriffic
 
Joined: Mar 2009
Posts: 1,831
Likes: 11
Default

No worries, it's just insurance is one of those tricky things. Mine is $62/mo as a 'Pleasure Vehicle' with under 5k miles a year IIRC. That's not including the coverage on my modifications. Which, if you plan on doing, is something you should look into.
Old Jan 11, 2013 | 06:03 AM
  #5  
takeshi's Avatar
Registered User
 
Joined: Aug 2007
Posts: 4,359
Likes: 3
From: Houston, TX
Default

As always with this question: get quotes. You have no idea if it's "too high" or not unless you get multiple quotes specific to your situation. There are far too many variables to have meaningful comparisons in threads like this.

Originally Posted by TheMuffinMan
It's going to vary far more than you would imagine (deductible, coverage amounts, rental, liability, # of cars, etc)
As well as:
Location
Age
Gender
Marital status
Credit
Insurance company (not all use the same criteria)
Discounts for having multiple insurance products
...and so on

Originally Posted by caraficionado
This rate seems way too high. I could have bought a 2007 Corvette or 911 and have similar rates!
You didn't check before buying? That's a standard recommendation around here. Price of the S is just the start. Consider TCO.

How do you know the rates for Corvettes and 911's? If you got quotes for them then get quotes for the S.
Old Jan 11, 2013 | 09:49 AM
  #6  
sata3000's Avatar
Registered User
 
Joined: Jan 2010
Posts: 2,114
Likes: 1
Default

Your lucky. Im 25 with a poor driving record. I pay 280 a month for full coverage.. Sigh i need to learn how to behave. I only have one ticket in the S2k which is 80 in a 70..

Sent from my Galaxy S II using Tapatalk
Old Jan 11, 2013 | 10:28 AM
  #7  
s2000Junky's Avatar
Community Organizer
15 Year Member
Photogenic
Liked
Loved
 
Joined: Jun 2007
Posts: 31,070
Likes: 566
Default

I pay $95 a month to insure my S and one other vehicle, both with basic full coverage. So the S is about $50. I am 37 with no tickets within the last 5 years (I think) although I have had several, I just pay the money to get them dropped off my record with a traffic lawyer, $350 a pop but its pays in the long run.
Old Jan 11, 2013 | 10:30 AM
  #8  
s2000Junky's Avatar
Community Organizer
15 Year Member
Photogenic
Liked
Loved
 
Joined: Jun 2007
Posts: 31,070
Likes: 566
Default

Originally Posted by sata3000
Your lucky. Im 25 with a poor driving record. I pay 280 a month for full coverage.. Sigh i need to learn how to behave. I only have one ticket in the S2k which is 80 in a 70..

Sent from my Galaxy S II using Tapatalk
I remember those days. Yes behave, or next time get a traffic lawyer and keep a clean record moving forward. Also that seems rather high still for one ticket, you may want to shop around again.
Old Jan 11, 2013 | 11:16 AM
  #9  
jeffbrig's Avatar
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Jul 2002
Posts: 2,537
Likes: 101
From: Fort Lauderdale
Default

Location, location, location. Age, age, age. Two biggest factors in deciding what you'll pay.

I have 3 cars insured in S. Florida. I'm 35, male, married.

TL is about $90/mo.
Cayman S is about $105/mo.
S2k is about $115/mo.

Yes, just over $300/mo for 3 cars. Full coverage, $200k/$500k policy limits, $250 deductible.
Old Jan 11, 2013 | 12:42 PM
  #10  
loaferz's Avatar
Registered User
 
Joined: Aug 2012
Posts: 72
Likes: 0
From: Los Angeles, CA
Default

Originally Posted by jeffbrig
Location, location, location. Age, age, age. Two biggest factors in deciding what you'll pay.
yep

I have a clean driving record, but since I live in downtown LA, am male, and 23, my insurance is $180/mo for full coverage + $500 deductible. Some other places were quoting $300 when I was shopping around.



All times are GMT -8. The time now is 08:59 AM.