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insurance question for 3000gt?


GrandLethal
09-26-2002, 12:35 PM
hello, i'm a new member to the forum and i have question about the 3000gt

i'm 20 years old and i'm planning to buy a 3000gt very soon. the only thing i am worried about is the insurance on this car. does anybody have an idea of what the monthly insurance is for owning a 3000gt?

the car i'm looking at in particular is a 95 sl or base model non-turbo.

can anyone help me out?

YogsVR4
09-26-2002, 01:03 PM
I cant tell you what your insurance will be. It has to many factors to guess. Try http://www.progressive.com/ and get yourself a quote. At the very minimum it'll give you a good starting point. Staying away from the turbos will save big $$ in insurance but after driving it for awhile you'll wish you had them. :D













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GrandLethal
09-26-2002, 02:46 PM
i just want an estimate of what everyone else (my age) is paying for their 3000gt. any info is apperciated!

dbiggss
09-26-2002, 02:52 PM
Im 19 and and got a quote from state farm for 230$ a month for an eclipse GS-T. I dont think i think the 3000GT wouldve run me more. then again I live in florida and I use State Farm(expensive). on the other hand my driving record is near perfect, only a parking ticket, and seatbelt ticket. so im sure youll find it for less.

GrandLethal
10-24-2002, 01:33 PM
BUMP!

FREED0MFiST
11-15-2002, 05:04 PM
id expect 200-250... but i live in CO and have the highest rates i hear

Dblade
11-22-2002, 11:15 AM
state farm is a rip off.... im 16 i got a 98 civic DX and for state farm they quoted me at 250 bucks a month.

skin to spend
12-04-2002, 12:54 PM
progressive and state are not what you want to go with they are for people who noone else will insure they wanted to charge me extra on my insurance because of my rims and muffler explain to me how my rims made so that i have better handling make me a more dangerous driver?

Vladi1
12-04-2002, 01:24 PM
I am 20 and I just bought 97 3000GT SL and the best quote I got for premium coverege with 1000 deductible for both collision and comprenhensive is $3,995.00 per year!!!

If you don't want collision/comp than it's like $1,335.00 per year

Bulldog2k3
12-04-2002, 01:53 PM
skin to spend

hey, with rims on your car, that raises the value of your car... say you total it, your gonna want money for your car, and for your rims, that means they have to shell out more cash, meaning you do to...

with your exhaust, you could have changed classes... your car can go from a family sedan to a sports compact by modifying it...

mxpxsxdx
01-15-2003, 12:24 AM
State farm just quoted me for 1100 every six months in Atlanta for a 97 SL. Im only 18 so I would'nt expect to pay much more.

YogsVR4
01-17-2003, 01:31 PM
Originally posted by mxpxsxdx
State farm just quoted me for 1100 every six months in Atlanta for a 97 SL. Im only 18 so I would'nt expect to pay much more.

Thats 400 more every six months then I am paying for my VR4 Spyder. I'd do some more looking around if I were you.













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Phate
03-10-2003, 07:10 PM
22 here. I use State Farm and only pay $89 a month on my 96' 3000GT SL.

dreamin'large
03-25-2003, 12:11 PM
I pay only $60 a month through allstate. My agent says i'm lucky because i got in before the policies got way outta hand. btw i am only 18.

dreamin'large
03-25-2003, 12:12 PM
also, i live in california.

Igovert500
06-30-2003, 01:26 AM
I was in the same situation...dying for a 3kgt since I was 15 and saw my first. Finally at 20 I reached a financial situation where I could buy one. With Full coverage on my red vr4 in new york through Progressive its around 3,900 a year, and I have a clean driving record and took defensive driving. I plan to do some shopping around in the near future. However without the turbos, I'd expect your insurance to be significantly cheaper...good luck, you'll love the car!

AbsurdParadox
07-07-2003, 02:21 PM
With my 92 VR-4, and a horrible driving record (4 tickets, two accidents [accidents weren't technically my fault, but they were ruled that way, two near misses of morons and then me dodging and hitting something[), my insurance is ~$3700 a year, or $316 a month. Expensive, but worth it.

Xx3000GTxX
07-07-2003, 11:13 PM
I'm 16 and I have a 91' 3000 GT SL.....I pay around $900 every six months...pretty exspensive for my age, but then again, I'm only 16, they always place insurance high for my age...

sd3000GT
07-13-2003, 08:10 PM
Hey I own a 99 base model 3000GT and pay $100 dollars a month with full coverage.

sd3000GT
07-13-2003, 08:11 PM
Oh ya and I am only 18, it is with wawaneesa insurance.

dbegley
07-06-2018, 12:47 PM
I happened on your conversation about insuring a 3000 GT. I just sold a 97 VR4 that was all stock. It went to Las Vegas.

On insuring your car, there is a bit of a trick you should understand before you actually put insurance on your collectible car. There are two methods of buying insurance. Method 1 says your car is insured for its Actual Cash Value. With an old car, the ACV method is not always the best way. Likely to be the cheapest method.

My 97 got backed into in a parking lot. The body shop told me I was lucky that the lady hit the passenger door instead of the fender or quarter. He found a new door. He could NOT find fenders or quarter panels. So State Farm would have totaled the car and paid me what they thought it was worth. The repairs would cost more than the vehicle was worth if it had not been the door, according to her State Farm claims guy. And the accident was really pretty minor. You could still open the door. My baby looked pretty bad with a dented door though.
Method 2 is Stated Value. You get an appraisal and insure it for that value. In the case of a total loss that is what you get. Stated Value is offered by insurance companies that tend to be more experienced in insuring cars like these or they wouldn't be offering this option. I don't think State Farm even offers a Stated Value plan.

The ACV of cars like 3000 GT is difficult to establish. Most standard car insurance companies are NOT in the business of doing a good job for collectible cars like those. Time of claim they want to pay as little as they can and move on regardless of your happiness with the claim. So they pull out their blue book and say this ridiculously low value is what it is worth.

I have both my collectible cars insured through my family auto company, Auto Owners. I am older than you guys though.

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