Who do you guys use for auto insurance? I had Hagerty for my SL 550. It was about $1,200 per year. They want $3,000 for my LC. It's not a daily driver, I only plan on putting about 3,000 miles on her annually. Thanks.

 

Welcome to carbon fiber panels with an exploding hood. What state are you in?
State comparison map: https://www.bankrate.com/insurance/car/states/

I'm with Auto-Owners Insurance, $2,100 per year for the LC

 

I have Safeco
My 2025 renenwal (4 car policy) is $1981 for the 2021 LC500 Convertible

 

Hard to say. Insurance is very dependent on your location.
between my 3 cars and 2 drivers, it’s about $3k a year. I’m with progressive. The LC actually did not cause the premium to go up that much from the GSF. I think it was $100 increase(a year) from the GSF.

 

2 Cars and One driver, 2021 LC 500 Coupe, 2017 LX 570 semi annual premium is $1268 or $2536 on annual basis. Drive each car around 3k each year. It is with progressive. Used to be with AAA and their quote was twice as much, so I switched the insurance providers. No accidents and no tickets.

 

Thanks for the replies. Progressive quoted me about $1,400 a year so I guess that's the way to go. Much appreciated.

 

The area you live in matters a lot. I have Geico, in Idaho and pay around $600/yr. Not a daily, 3 cars, 2 drivers. All 3 cars $1,350/yr and the 2021 LC is the oldest car.

 

This is what I pay for my LC every 6mo.

 

I have Erie and it runs $800/yr for full coverage here in TN on my 23 convert.
They are a great company but only available in a few states.

 

Had Geico on my LC since I bought her in 2021.

Originally it cost me $1600/year.

Fast forward to today.....no accidents/tickets/claims/etc....and they want $4,000/yr for renewal now with 4,000 miles per year driven.

I switched literally last night to Progressive for $1,400/year.

Was with Geico for 20 years......all cars....but they have lost me as a client now.

 

I shop around every renewal if the renewal offer is any more than 3% (basically over $50 more). I have no allegiance to any company whatsoever in this space. The entire thing is a racket.

 

Yup. There’s no loyalty in anything nowadays. Including the place you work for.

 

Sigh.
Yall are Really not gonna like this post.
This is a not so well known Insurance industry GAME. One they will Always win. It's like a Casino, they Always win in the end. There is not a damn thing you can do about this insurance game Until you reach around 60-65. Then you have to keep careful track and again, just like the Casino, walk away from the table when You Know it's time to leave. And even then, you aren't really going to Win.

The sleezebag Insurance industry even has an Official Name for their game of Screw Job. And they have the "game rules" down to a science. Again, you Can't win, you can only slightly limit how deep the Insurance **** probe goes. The term is Premium Optimization. What that means is, and they have studied this til there is nothing left to study, they know Exactly How Much they can raise your premium and how often, For Absolutely No Other Reason Than They CAN, *before your pee'd offness at your premium increase will tip the scale Away from the inconvenience of finding a new policy.*

Once you reach around 60 you can at least go on the Defense, but again, that just limits how loud you're going to squeel. Starting years ago, when I got a new policy, I started with Progreassive, I gave them and USAA after them this speech. It's doesn't matter. They don't care. They know I'm already going to squeel awhile, just maybe not quite as long as they thought I would. I tell them look. I know all about Premium Optimization. I'm only going to play your game so long. Since I KNOW your are Purposely Effing me, I'm only going to let you do that so long. Now, here's what the little kicker is for you. You Get ONE Chance. I'm 60ish There are enough companies left that I know are gonna screw me the same way you will that I can tell you. Once I fire you. You're done. I won't likely be driving long enough for you to get a 2nd chance to use your Optimization probe.

The 2nd act to this play was USAA Doubling me at about 7 years. I gave them plenty of notice. I ended up telling them, One More BS Raise and you're Fired. They raised me, I fired them. State Farm answered one of those Insurance comparison sites and offered me better coverage AT LESS THAN HALF what USAA wanted me to pay. Thusly begat my current Act 3 of The Game. And yes, I read them MY set of Optimization rules.

To answer the OP question. I am at $2200 a year with State Farm for the LC. This has DOUBLED in only 3 years. Now, am I getting ready to fire them? Ughhh. Well, no. Not yet but there are extenuating reasons. It was strongly suggested to me by my attorney to have an umbrella policy. Remember, Fl is the most litigious state in the country. To get an umbrella policy, you have to have the Maximum liability coverage Available for both your vehicles And your homeowners. So. IMO, this complicates me just doing a quick car policy change. Also, now, Vs 3 years ago, the increase in my Auto policy is much less of a concern than the Homeowners policy and property taxes. My property taxes are just a little less than the insurance for 2 cars and the house combined. That Is The Other Shoe Dropping to Fla not having Income tax.

About all you can do to lesson the Probe squeel at all is, now that you know their Official Screw Game is to predetermine how deep you are going to let them prob you before you grab the Eject handle and work on your quicky speech to their Customer Retention Supervisior. That might lesson the stress and anxiety of them raising you a bit. When you really start to feel it, raise your deductable limits to the Max as high as they have. That will save you a few bucks while you search for your new policy.
Bruce in Fl

 

I've had State Farm for over 40 years now. I'm in Arizona between Phoenix and Tucson. The Premium for my LC is $1300 per year. My 4 year newer Silverado with the same coverage is $900 yearly. The reason I stay with State Farm is because back when I was living in Santa Barbara, on a hill side, we had a rain deluge that damaged the first floor of my two story house. I was not the only one with damage in the area. State Farm went above and beyond. They flew in claim adjusters from out of state to settle things fast. I did not have flood insurance, and I still don't. I did, however, incur damage from water that ran down the hill to my house. Clearly, this could have been described as flood damage. State Farm gave me no issues and was generous with the reimbursements.

I will probably stay with State Farm for the rest of my life

Lou

 

You must be the only person in the Country to have totally escaped Premium Optimization. Is your State Farm agent a member of your immediate family?
$1 in 1984 is worth just a hair over $3 today. 3x.
Even being kind to the insurance companies, they have doubled me approximately every 5 years. And that's with me having a near Max credit score and a spotless DMV record. So, extrapolating that, in 40 years they would have doubled me 8 times or 16 times my original policy cost. Or, "just" 5 times the rate of inflation for that period.

Yeah. I'm not affording any where near that level of brand loyality.
Bruce in Fl