Quote:
Originally Posted by DeeezNuuuts83
We know that. But it varies from case to case at the discretion of the insurance company and their underwriters, and it's not far-fetched for a brand new sports coupe from Subaru to be more expensive to insure than an eight year-old sedan from that same manufacturer. It's possible that the insurance companies are already taking into account the car's capabilities rather than waiting for there to be claim after claim before they increase the rates.
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I don't disagree with that at all, just the point that value mattered more than other factors. Value is certainly part of it but as you've stated and know quite well it's far from the only factor.
My point was that the fact that it's worth more than car X, Y or Z doesn't mean it's automatically going to cost more to insure.
FWIW a friends insurance company quoted him just over 50% what his ITR cost to insure, but of course that's just the fairly worthless quote before any data is available.
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-Dave
Track cars: 2013 Scion FRS, 1998 Acura Integra Type-R, 1993 Honda Civic Hatchback
DD: 2005 Acura TSX
Tow: 2022 F-450
Toys: 2001 Chevrolet Corvette Z06, 1993 Toyota MR2 Turbo, 1994 Toyota MR2 Turbo, 1991 Mitsubishi Galant VR-4
Parts: 2015 Subaru BRZ Limited, 2005 Acura TSX
Projects: 2013 Subaru BRZ Limited track car build
FS: 2004 GMC Sierra 2500 LT CCSB 8.1/Allison with 99k miles