I HATE INSURANCE. Just throwing that out there.

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I HATE INSURANCE. Just throwing that out there.

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Mustang >> Ford Mustang Tech >> 2005 - 2008 Mustangs >> 4.6L V8 Specific >> I HATE INSURANCE. Just throwing that out there.

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I HATE INSURANCE. Just throwing that out there. - 5/1/2008 2:18:15 PM

CataclysmGT

Posts: 1001
Joined: 7/24/2007
Status: offline

"Hmm, did some mods to your car did you? Well, bend over and bite down on this, because its going to sting a bit."

$1250/year previous............now $2933/year
Pretty sure I am not going to be insuring it during winter.........but still.

_____________________________

07 GT
FRPP/Borla Stingers,
Roush Suspension & Billet LCA's
Saleen Black 20's
*Whipple Crew Member*

Post #: 1

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 2:25:35 PM

Back N Black

Posts: 131
Joined: 2/27/2008
From: Dallas, TX
Status: offline

I wouldn't cancel during the winter and then reinstate you insurance during the summer, that will raise your rates as well. If you car is not a daily driver check into low milage programs. That might help you out.

Who is your carrier?

_____________________________

2008 Black on Black GT, 5spd, IUP, 3.55,Tinted the Windows. Boom Tubes,Shorty Antenna,Spoiler Delete, JLT CAI and 93 Race Tune From BAMA

(in reply to CataclysmGT)

Post #: 2

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 2:38:04 PM

07AlloyGT

Posts: 722
Joined: 11/10/2006
From: League City, TX
Status: offline

they bumped up your insurance for that?

i know insurance rates just went up but damn.

_____________________________

2007 GT - Alloy Metallic - Dark Charcoal leather - 20" Cobra 3 w/ Toyo Proxes 4 - TI CAI by Demolet - SCT XCALII 93 Tune by Brenspeed - FRPP Borla Stingers - IU - GT App. Package Plenum - Shorty Antenna - Auto - Shaker 500 - Active Anti-Theft

(in reply to Back N Black)

Post #: 3

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 2:45:40 PM

shoeys07torchgt

Posts: 122
Joined: 7/9/2007
Status: offline

damn that sucks. glad i haven't told my insurance company what i've already done and what is in the works. but i guess it works when my mom used to work for the agent for 8 yrs. rates didn't go up for the 11 points i had on my license last yr or the $7000 in damage i did in the wreck to the rear end.
sorry bro.

_____________________________

07 torch red, 5 speed, 3.55 gears, 17in wheels, shaker 500, 20%tint, powered by ford intake cover, c&l racer intake and tuned by dynospeed
mods coming: exhaust,

(in reply to 07AlloyGT)

Post #: 4

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 3:12:45 PM

CataclysmGT

Posts: 1001
Joined: 7/24/2007
Status: offline

If I didn't tell them what I had done to the car, and I did get in an accident, they would not have to cover me.
Maybe I should have bought an AMG C63 instead.............

_____________________________

07 GT
FRPP/Borla Stingers,
Roush Suspension & Billet LCA's
Saleen Black 20's
*Whipple Crew Member*

(in reply to shoeys07torchgt)

Post #: 5

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 3:41:04 PM

Mishri

Posts: 744
Joined: 11/18/2007
From: Billings, MT
Status: offline

must be a canadian thing.. ;) State Farm doesn't charge extra for mods, nor do you have to disclose them.. they insure the vehicle, and all items that are permanent to it.. no matter what you have done to it... and legally in Arizona failure to disclose performance mods wouldn't make them not cover it. but insurance rules change from state to state and im sure country to country..

_____________________________

2007 Mustang GT Automatic
Steeda CAI & Brenspeed Tune
14.6 @ 98MPH (DA of 6395 = 13.3 @ 106mph)

(in reply to CataclysmGT)

Post #: 6

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 4:09:54 PM

Xeno

Posts: 120
Joined: 4/30/2008
Status: offline

State Farm doesn't even charge extra if you drop a new, and larger, engine in your car (last time I checked). They told me they go specifically by the VIN number. So... if you have a v-6 and drop in a v-8, for example, you still pay the v-6 rate. if you get in a wreck though and screw your engine up, then you are pretty much out of luck, but you are still paying lower rates.

(in reply to Mishri)

Post #: 7

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 4:18:01 PM

hammeron

Posts: 7814
Joined: 5/17/2006
Status: offline

sorry to hear about your premiums cat....

i never even considered for a second,
telling my ins. about my s/c

(in reply to Xeno)

Post #: 8

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 7:28:10 PM

Fastrack

Posts: 23
Joined: 8/23/2005
Status: offline

Oh it's a Canadian thing unless your in Ontario it's even more. I'm having the same issues except I haven't actually installed Mr. Whipple yet, let alone ordered it.

State Farm up in Canada will drop you like a ROCK if you have lowering springs, different wheels ANYTHING that isn't stock so I've heard. I even heard from someone (they aren't with statefarm) the agent thought his shakker intake was the same as NOS!! (Which is illegal in ontario)

I'm with BelAir Direct and they told me as posted in another thread that Wheels, Brakes would be fine but if I install a supercharger they would drop my insurance. I now I have an inspection at some random point in time within the next 3 months to ensure I haven't done any mods.

mfers

Oh and another thing.. Currently in Ontario 50km/h (31.5mph) over the posted speed limit - on your highways it's 100km/h (62mph):
1) Automatic suspension of license for 7 days
2) Up to a $10,000 fine
3) They tow your car away for 7 days

And #4 they wanted to, but never passed: CRUSH ANY CAR that was deemed a "STREET RACER", think the Fast & **** movie! They even mentioned that damn **** movie when they were talking about this, we have more ricers in Ontario then anywhere else on the planet I'm pretty sure.

< Message edited by Fastrack -- 5/1/2008 7:29:38 PM >

_____________________________

Ben
2005 Mustang GT - Legend Lime (Manual)

Planned Mods:
- MGW Shifter
- CT-R Wheels (18x9, 18x10)
- Whipple HO Kit - ON HOLD because of Insurance Company -

(in reply to hammeron)

Post #: 9

RE: I HATE INSURANCE. Just throwing that out there. - 5/1/2008 7:35:34 PM

poohflingr

Posts: 263
Joined: 6/12/2007
Status: offline

Man the insurance companies you guys are talkin' about really suck. I work for USAA and all I need is a receipt for my add ons and I'm good. But if you have an at fault accident your rates should go up. Statictically you are a higher risk.

_____________________________

'06 Torch Red GT
SLP LM's
JLT2 CAI/Brenspeed 93 Tune.

SLP Crew Member.

(in reply to Fastrack)

Post #: 10

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 4:03:41 AM

Androdz2

Posts: 252
Joined: 3/10/2008
From: San Juan, Puerto Rico
Status: offline

quote:

ORIGINAL: Mishri

must be a canadian thing.. ;) State Farm doesn't charge extra for mods, nor do you have to disclose them.. they insure the vehicle, and all items that are permanent to it.. no matter what you have done to it... and legally in Arizona failure to disclose performance mods wouldn't make them not cover it. but insurance rules change from state to state and im sure country to country..

Yes but what happens if your car gets STOLEN?

Andrew

_____________________________

(in reply to Mishri)

Post #: 11

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 5:59:38 AM

ybnormal

Posts: 203
Joined: 12/23/2007
Status: offline

Sorry for your Ins. woes I hope This dosnt catch on in usa.
If you were in USA I would tell you to join mustang club of America and then go to The Classic car (Heacock) Insurance route. You can only drive 3000 miles a year but Insurance is under 500 bucks with Mods on an 07 full coverage. I also got a 66 worth 12k for 160 bucks a year. Just gotta sign milage statements-keep it garaged and no one under 24 can drive it but that was 1400 less than I was paying thru progressive for (what they call astated value policy)

_____________________________

Hey YB NORMAL-?
Member: Mustang club of america and SEVMC @ www.sevmc.org
2007 GT Vista Blue/Silver STock (not)
www.cardomain.com/ride/2894288

(in reply to Androdz2)

Post #: 12

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 7:03:50 AM

MexGT

Posts: 2037
Joined: 2/11/2007
From: Tampico, Mexico
Status: offline

holy crap !

_____________________________

07GTAuto

Not stock NA.

(in reply to ybnormal)

Post #: 13

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 7:38:43 AM

Mishri

Posts: 744
Joined: 11/18/2007
From: Billings, MT
Status: offline

progressive is usually more expensive.. and there is more to insurance companies than cost... I've only had to file 1 claim with my insurance company but it was nice knowing if i got hit by an uninsured or underinsured driver or hit and run then they would take care of me really well.. and my agent will make sure I'm happy with the claim process and results.. going through the other persons insurance you can get mad all you want.. they don't care..

_____________________________

2007 Mustang GT Automatic
Steeda CAI & Brenspeed Tune
14.6 @ 98MPH (DA of 6395 = 13.3 @ 106mph)

(in reply to MexGT)

Post #: 14

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 8:42:08 AM

sawyer

Posts: 644
Joined: 11/19/2006
Status: offline

Costco executive members (cost 100 bucks a year) has Ameriprise and it saves me 50% over Farmers. I need to check the mods rule though. My friend got his navigation and some other stuff ripped off and they only covered 1000.00 of the aftermarket stuff

He had Geico

_____________________________

Whipple 3.4, 4R70W Built and Tuned by ST Motorsports
636 RWHP 594TQ http://www.modernmustangmuscle.com/tech/whipplemustanggt.html

(in reply to Mishri)

Post #: 15

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 10:30:34 PM

mygt500

Posts: 5909
Joined: 11/26/2006
Status: offline

I agree but just CHANGE the insurance to fire/theft in the winter during storage and reinstate the FULL coverage in the spring. I do it all the time thru State Farm and have had no problems and it never went up by doing it that way

. I pay about 90 a month!

J (and yes they know what I have done to the car)

quote:

ORIGINAL: Back N Black

I wouldn't cancel during the winter and then reinstate you insurance during the summer, that will raise your rates as well. If you car is not a daily driver check into low milage programs. That might help you out.

Who is your carrier?

_____________________________

2006 Mustang GT with Cervinis Kit
Whipple H.O S/C 465 RWHP and 440RWTQ

(in reply to Back N Black)

Post #: 16

RE: I HATE INSURANCE. Just throwing that out there. - 5/2/2008 10:32:34 PM

CataclysmGT

Posts: 1001
Joined: 7/24/2007
Status: offline

By "cancel" for winter, thats exactly what I ment......... fire/theft for winter.

_____________________________

07 GT
FRPP/Borla Stingers,
Roush Suspension & Billet LCA's
Saleen Black 20's
*Whipple Crew Member*

(in reply to mygt500)

Post #: 17

RE: I HATE INSURANCE. Just throwing that out there. - 5/3/2008 12:27:04 AM

mygt500

Posts: 5909
Joined: 11/26/2006
Status: offline

I figured but the other member seemed to think you were staing otherwise

!

_____________________________

2006 Mustang GT with Cervinis Kit
Whipple H.O S/C 465 RWHP and 440RWTQ

(in reply to CataclysmGT)

Post #: 18

RE: I HATE INSURANCE. Just throwing that out there. - 5/4/2008 9:17:31 AM

nemisisn3misis

Posts: 52
Joined: 5/2/2007
Status: offline

I have Geico and am under the mom and pop plan...1600 a year for my 2006 mustang GT and my insurance and i got into it after my first wreck not of my fault(rear ended) in my 95 mustang and they gave me alot of s*** and forced me to make a choice to keep or give up my car, and on top of that only got $300 to fix it up cuz i owed on it...and they would not cover my mods because i didnt have reciepts...but if i said something to them id pay more and they still wont cover them...thats alot of BS

_____________________________

2006 Mustang GT
3.55 gears
Motiva Custom 91 Tune
Granatelli CAI
SLP loudmouth Axle-Back
max HP 277

RWHP 291

(in reply to mygt500)

Post #: 19

RE: I HATE INSURANCE. Just throwing that out there. - 5/4/2008 11:54:58 AM

explict