Insurance comparison info: Interesting
Mar 10, 2006, 08:51 PM
#1
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Insurance comparison info: Interesting
I happened to find this on another website, hadn't seen it here before. Plug in a make/model and it can be very interesting. Could the evo be rated any worse? Anyways, I know rates vary like snowflakes and fingerprints, but the trend is all too clear. *sigh*
http://moneycentral.msn.com/insure/a...ake=MITSUBISHI
http://moneycentral.msn.com/insure/a...ake=MITSUBISHI
Mar 10, 2006, 08:58 PM
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No, it doesn't get worse. It's a bad thing when it's a higher liability than a Hummer H1 and is in a greater damage bracket than a Porsche 911.
No silverlining in that cloud, eh?
No silverlining in that cloud, eh?
Last edited by urBan_dK; Mar 10, 2006 at 09:24 PM.
Mar 10, 2006, 09:03 PM
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Yeah I miss the insurance when the Evo 1st came out I had a year's worth of full coverage for $480 
but now they have caught one in the last year or so and it's a little over $1600 
If only people would stop wrecking them
but now they have caught one in the last year or so and it's a little over $1600 If only people would stop wrecking them
Mar 10, 2006, 09:06 PM
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Yeah, it seems unfair. But, when you look at the factors that make up the ratings, it does make some sense. Poor crash test ratings ( medical $ ), repairs after accidents ( $ ), thefts ( $ ), tickets ( hmm. ) put a lot against the car. Not to mention the age bracket that most evo drivers fall in to : younger male. It's a recipe for high rates. Now, add in more used evo's reaching the market as cheaper cars for performance minded buyers, and the cycle just keeps itself headed in the wrong direction.
Mar 10, 2006, 09:07 PM
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for a second i was concerned because I didn't want to get the EVO and see my rates skyrocket but when i checked out my current car, the Celica, it had the same exact rating as the evo
so im not too worried anymore. i already pay alot.
so im not too worried anymore. i already pay alot.
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Mar 10, 2006, 11:51 PM
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Just before i bought my IX a few weeks ago i had my insurance broker check up on the rating and to my suprise, it was right on par with my previous car, a 2001.5 Audi A4 1.8t quattro.
The audi is much slower, but its very safe. It did cost a fortune to repair when it was in an accident though.
The audi is much slower, but its very safe. It did cost a fortune to repair when it was in an accident though.
