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-   -   What are you paying For Insurance on your RX-8??? (https://www.rx8club.com/purchasing-financing-insurance-56/what-you-paying-insurance-your-rx-8-a-163071/)

BLIPY 03-08-2009 04:01 AM

I hope everyone is ready to feel like they pay a penny compared to me.. rdy??
i pay 2400 for 6months. 1000 deduct.
im 20 yrs old and have a crash and a ticket.
progressive

i guess is cuz i live in LA. =(

Juansito 03-08-2009 04:48 AM

$503/month
100k/300k/50k coverage
(without this coverage i would be paying 200/month but i need it since its a lease)
$1000 deductibles

22, 1 accident , no tickets, no violations

Live in lower manhattan, I got this price cause of the risk of theft in my area, the rx8 is considered an "exotic" car and my coverage levels for a leased car.

Insurance is StateFarm, I'm about to switch to progressive and ill be paying $430/mth, Other company's are trying to charge me $800/$900 a month

Ceez76 03-11-2009 02:27 PM

1155 for 6 months with geico
32 years old
05 RX8 with 61,000miles (well 12000 milles because i had the engine replaced 49,000 miles
No tickets
(ONE DUI BUT AMAZINGLY MY INSURANCE NEVER WENT UP)

jmc23200 03-11-2009 02:55 PM

I pay $3300 a year in MA, the Boston area. Its like $328 a month. MA rapes you with insurance. 21, no accidents(well, someone hit me and ran but doesnt hurt my license only my baby).

2tone 03-11-2009 03:09 PM

wow, i just read this page and i feel lucky!!

$132/month
27 yrs old
2004 RX-8 6-speed
accident three years ago just dropped off (was $154/month then)
don't know what coverage is exactly but $500 deductible
on family plan (so multiple car discount)

...and it's Texas, a lot cheaper just talking to friends in other states.

Aerohead 03-11-2009 03:42 PM

$135/month for 2005 RX8 and 2008 BMW 335i out in nowhere Minnesota

Gotta have some bennefits for living where there is snow 6 months of the year.

It's good to be 40, married, no teenagers in the house, and have none of my youthful indescretions left on my record

ndhoffma 03-11-2009 03:47 PM

~100/mo.... 23, but no moving violations & 500 deductible

Ive got a discount w/ my renters insurance though, so that keeps it down a bit

expo1 03-11-2009 04:08 PM

$591.40 / year
I carry $100,000/$300,000 Liability
$1,000 Ded. for collision
I m 42, clean record with a 2004 / 129,000 miles.

clmantis21 03-11-2009 04:15 PM

Progressive Insurance
$125/m (was $105 before but this renewal went up for no reason)
26 yrs old, 77xxx miles, 2004 in Texas

I too have multiple cars on it so Im sure they provide a discount for that.

StormyBluePhil 03-21-2009 10:09 PM

312. for 6 mo. Multi line discount. State Farm

syntheticdarkness 03-28-2009 09:57 PM

$80.00 a month
500 ded.
1000 collision
State Farm
05 shinka M/T
29 yrs old

rx8shift 03-31-2009 01:29 PM

130 cdn. per month
500 ded.
27 years old
2004 rx8
70k miles
no accidents
State Farm

our dollar is ass, here in Canada

jsjjr 03-31-2009 01:52 PM

$535/6mos 40yr old. No tickets, accidents etc. 16k + miles State Farm

Gotian 03-31-2009 01:57 PM

Insurance is entirely dependant on location, age, records, car, and for some companies credit.

Im with geico, they gave me a discount as I work in the insurance field.

I used to pay 1390 with them in the begining and it continuously went down. Last 6 months i was paying 1310, I was involved in an accident while my girlfriend was driving the 8 ( I wasn't feeling well) and I got my renewal and it still went down as the court said it wasnt her fault (stupid idiot parked his car on a busy street in the middle of the day.) now I pay 1080 every 6 months for 2 cars, the 8 and a 2002 jetta 1.8t with 2 drivers .

Im 23 my girlfriend is 22

shadycrew31 03-31-2009 02:48 PM

WOOOOO they just lowered my premium to $301 a month sweet!!!!

that's what happens when you don't get any tickets for a year.

Gotian 04-02-2009 12:38 PM

301 a month for 1 car? thats pretty pricey

jmc23200 04-02-2009 01:30 PM

I pay like $328 a month. Only me under the insurance, no accidents, no moving violations, 21yrs old, no parking tickets(I know it doesnt matter). When you walk into an insurance place in Boston, the first thing they do is pull out the vasaline.

J03K1LLARX8 04-02-2009 01:43 PM

26yr, SS T 04 with 30k, 1 speeding tic(not in my 8), mercury ins, full everything, 100 bucks a month, bi monthly payments.

Gotian 04-02-2009 02:04 PM


Originally Posted by jmc23200 (Post 2948275)
I pay like $328 a month. Only me under the insurance, no accidents, no moving violations, 21yrs old, no parking tickets(I know it doesnt matter). When you walk into an insurance place in Boston, the first thing they do is pull out the vasaline.



No thats only cause you are 21, what company is it that you have? Cause i can give you a good example of companies overcharging. Progressive here in miami, fl. wanted to charge me 4000 every 6 months for the rx8 and the jetta, I laughed at them and told them to screw off (we sell progressive here at my agency as well as other companies) I went with geico cause that stack of money kept following me around. Now i pay 1000 every 6 months as i said with 2 cars and 2 drivers with an accident on record (but not at fault)

shadycrew31 04-02-2009 03:25 PM


Originally Posted by Gotian (Post 2948205)
301 a month for 1 car? thats pretty pricey

Yes I agree.. geico wanted $1100 a month or so.. I have an interesting record.

jmc23200 04-02-2009 03:41 PM


Originally Posted by Gotian (Post 2948324)
No thats only cause you are 21, what company is it that you have?

I have Commerce Insurance.

I thought it was because I was 21 that they jacked the prices too. Me and my father have the same name hehe. So I went in with him, said it was his car(title shows same name:)) and got a quote for him then had them add me on as a secondary driver. My father pays $589 a yr for his insurance. For the RX8, they wanted to charge him like $1450 and to add me on it was like $1900 as a secondary driver. Since their was no real savings, I just put me in as primary and now I pay like $328 a month. MA insurance is rediculous. It wasnt up until like a year ago that we actually had competition against insurance companies(there was only a handfull in my area). Now, more companies are starting to offer insurance in MA and the prices are getting a little better. Once my policy is over I am sure I can find a better deal.

MDH 04-02-2009 04:58 PM

$80/month thru Meloche Monnex, comprehensive with GAP, $250 deductible

shadycrew31 04-02-2009 05:36 PM


Originally Posted by jmc23200 (Post 2948565)
I have Commerce Insurance.

I thought it was because I was 21 that they jacked the prices too. Me and my father have the same name hehe. So I went in with him, said it was his car(title shows same name:)) and got a quote for him then had them add me on as a secondary driver. My father pays $589 a yr for his insurance. For the RX8, they wanted to charge him like $1450 and to add me on it was like $1900 as a secondary driver. Since their was no real savings, I just put me in as primary and now I pay like $328 a month. MA insurance is rediculous. It wasnt up until like a year ago that we actually had competition against insurance companies(there was only a handfull in my area). Now, more companies are starting to offer insurance in MA and the prices are getting a little better. Once my policy is over I am sure I can find a better deal.

$1450 / 12 = $121

$121 (what you would have paid per month)-$328 (what you are paying per month) = $207

$207 (the difference) x 12 = $2484

so you are wasting an extra $2484 a year??? I'm not following

jmc23200 04-03-2009 07:57 AM


Originally Posted by shadycrew31 (Post 2948789)
$1450 / 12 = $121

$121 (what you would have paid per month)-$328 (what you are paying per month) = $207

$207 (the difference) x 12 = $2484

so you are wasting an extra $2484 a year??? I'm not following

You did that completly wrong. You only found the monthly payments for my father and did not include me as the secondary.

Me as Primary Driver = $328/month = $3600 a yr(after 10%-15% upfront) <--- This is what I currently pay by myself(give or take)




This is what you forgot.

My Dad as Primary = $1450
Me as Secondary = $1900

1450 + 1900 = $3350 a year(no down since my dad is primary) = $335 a month (only 10 months of payments)

I could have saved $300 if I did it with my father as primary, but $300 is nothing and would rather just put it under my name.

ztbear13 04-03-2009 08:23 AM

22 years old 05 with 32k I am insured with Wawanesa Insurance and it costs 1140 a year. But that was before I got in my accident that was my fault still don't know how my rates are gonna change yet.


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