Fact or Fiction?
#1
RX-8 dreamer
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Fact or Fiction?
Ok so I talked with a salesperson and one thing he mentioned sort of made me wonder. He said that since the RX-8 has 4 seats instead of 2, the insurance rates on it would be lower because insurance companies wouldn't consider it a real sports car (i.e. a coupe type). Is this true?? I kind of think this is a lot of hoo-ha but I've been wrong before...
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So there could indeed be some merit to what the guy said. This would be a good sign because I'm driving a lil' Sentra and I'm worried moving to an RX-8 would explode my insurance rates. :o
#5
Who is this Navy guy?
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1.3L engine, 8 airbags, 4 seats, 4 doors, safest from roll over.... I kinda have to think that they all have something to do with insurance rates being very generous.
We went from a 2000 Grand Cherokee to the 2004 RX8 and our rates only went up $4 a month.
We went from a 2000 Grand Cherokee to the 2004 RX8 and our rates only went up $4 a month.
#6
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Call your insurance company and tell them you are thinking about going to the RX-8 and see how much it will raise it. Also you might check with some of the other big companies like Traveller's or Amica who offer great rates if you have a good driving record. I can personally recommend Amica since they treated my wife so well when she was hit by a women with Amica insurance. We have USAA since we get such a good deal on home and house but you have to have a military or federal service (I think the FBI is eligiable)background in order to qualify.
#9
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Originally Posted by NavyDood
1.3L engine, 8 airbags, 4 seats, 4 doors, safest from roll over.... I kinda have to think that they all have something to do with insurance rates being very generous.
#10
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Well, my insurance on my 8 includes comprehensive and collision, and it's still $200 a year cheaper than what I was paying on my 10 year old MX-6, which only had basic insurance.
#11
Originally Posted by RedRenisis
a 4dr with a 1.3 liter engine does not throw up flags with the insurance companies.
#12
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Originally Posted by BlueEyes
..... I think the insurance generally goes down because it is a 5 seat, 4 door car and it is safe.
Man now where is that 5th seat, I've been looking for that thing :-)
#14
Insanely Yellow
I'm with Blue Eyes - anyone that buys the notion that the insurance company is confused by "1.3 L 2cyl engine, 4 doors" has got strudel in their noodle. You DO give them your VIN which firmly ID's everything about your car - manufacturer, date of manf, model, trim level, etc. They know. The agent or idiot taking your order may be confused, by they don't set the rates - the actuaries at home office do, and the company's health depends on them getting things right.
My insurance went UP $310/year from my 2001 Acura TL - they said it's because the car has a higher insurance symbol and a higher "liability group" which includes all the kids that drive the car.
Lastly, the car is much more costly to repair in a collision due to a variety of factors - lower volume car means fewer aftermarket parts available (yes, my damn ins. co. uses those - USAA), more costly construction - the freestyle doors and hood are made of aluminum-very costly to repair, and poor scores on the low speed collision scales.
I had a similar situation with my Integra GSR, although to a lesser degree.
My insurance went UP $310/year from my 2001 Acura TL - they said it's because the car has a higher insurance symbol and a higher "liability group" which includes all the kids that drive the car.
Lastly, the car is much more costly to repair in a collision due to a variety of factors - lower volume car means fewer aftermarket parts available (yes, my damn ins. co. uses those - USAA), more costly construction - the freestyle doors and hood are made of aluminum-very costly to repair, and poor scores on the low speed collision scales.
I had a similar situation with my Integra GSR, although to a lesser degree.
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Insurance also depends on your credit history, and by the way 4 doors does drop your insurance, why you think it wouldnt is beyond me, the fact the car has 8 airbags also plays a factor, and Insurance companies dont replace the airbags in case of an accident, thats left for you to take care of, now if the car had a turbo the would driveup your rates, but a N/A 1.3liter is not a huge deal, maybe an LS2, the people that determine the rates do have a good idea of the performance #'s on every car, if you think its compariable to say a Mustang your wrong.
#16
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Originally Posted by jisoo26
Ok so I talked with a salesperson and one thing he mentioned sort of made me wonder. He said that since the RX-8 has 4 seats instead of 2, the insurance rates on it would be lower because insurance companies wouldn't consider it a real sports car (i.e. a coupe type). Is this true?? I kind of think this is a lot of hoo-ha but I've been wrong before...
#17
good for clothes too ;-)
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Originally Posted by BlueFrenzy
In Canada, the RX8 is considered by insurance companies as a "4 door sport SEDAN".
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