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well if you live in Canada then for young drivers(under 25) then BC is the best place to get insurance, because there's no penalties for being young, everybody starts at 0% discount, and every year of driving experience you gain(accident free) you get more of apercentage off
Insuring a car in BC is never beneficial. 0% discount is still 280 sum $ every month. I pay $240 with a 10% discount. We get ass raped in BC for insurance. ICBC:hitler: makes outrageous amounts of coin, yet they still keep upping the rates
I'm trying to find the best rate. I really don't understand how people get such low rates. The lowest I found is around $130 a month from Liberty Mutual. I am 24 and this the first car going under my name. So if anyone can find me a better rate let me know please. I have a 1991 318i..
I don't know how some of you guys are getting such good rates either... I guess it has to be location. I am 30 with a clean record - $65/mo for liability and underinsured - 1989 325i. State farm was loads cheaper than Allstate, whom I had been with for ~12 years. They wanted $106/mo for the same coverage. Maybe I need moar airbagz
I did alot of research, it turns out the ONLY major insurance company that will consider add-on (euro, aftermarket, wheels, paint) in the policy up to $5000 is PROGRESSIVE.
They stated that they can also do a stated value type policy, but do not garuntee the payout to be what you stated it for.
they said that pictures, recipts and apprisials will help significantly when making the policy.
needless to say, after i finish up with my current policy and finish my car, ill be insuraning with them
PS...they can do all this in NJ too (NJ has the strictest auto insurance laws in the US)
PSS...im paying 56 bucks a month right now in NJ for libility only with my truck too, im 27 clean record, no accidents in 3 years
Last edited by Naplm00; 04-13-2009, 10:20 AM.
Reason: more info
Insuring a car in BC is never beneficial. 0% discount is still 280 sum $ every month. I pay $240 with a 10% discount. We get ass raped in BC for insurance. ICBC:hitler: makes outrageous amounts of coin, yet they still keep upping the rates
back in 05 i was looking into buying a mini cooper s until i found out i'd be paying $480/month for insurance, which was 40 bucks more than the car payment! i was also 20 at the time, and had quite a few tickets in the state, some paid, 2 or 3 still unpaid, bleh... fuck 'em. i won't be going back to that state any time soon.
for the e30, i pay like 60/month for liability only through progressive, but as i put money into the car, i'll up my policy a bit. i should have an accident removed from my record by the end of the year, so hopefully it will go down then.
My e30 and truck only have basic on them. The Firehawk has full coverage along with the Corvair. But the Corvair is insured as an Antique. I pay them every 6 months and i have a clean record.
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