: insurance of your Volt



ChrisC
10-26-2010, 02:54 PM
So, has anyone got quotes yet from insurance companies on covering the Volt? Any surprises? Are the quotes in line with a small/mid economy sedan, or more in line with a small luxury sedan?

I will be calling my insurance company shortly and will have them quote both a Cruze and a Volt and see what I get.

(I thought we already had a thread on this, but I haven't found it)

VoltGuy
10-26-2010, 07:53 PM
Chris

We have contacted our insurance company. They told us to get them the VIN as soon as we can and that should give us a rate. If it does not then they will insure the car based on the MSRP.

Jerry

therfman
11-22-2010, 01:57 PM
Now that the initial VINs are known, has anyone gotten an insurance quote yet?

Rusty
11-22-2010, 02:01 PM
Now that the initial VINs are known, has anyone gotten an insurance quote yet?

My insurance said that, armed with VIN, they could give me a quote. They weren't able to yet, and only gave me an estimate.

ChrisC
11-29-2010, 09:49 AM
Anyone got a quote yet, or any interesting experiences to report?

goyogi
11-29-2010, 11:06 AM
If you really want to know, there are some VINs that people have posted and you can use it to ask your own insurance company.

honoreitiscom
11-29-2010, 11:13 AM
Geico tells me $74.33/month for $500 deductible collision, $100 deductible comprehensive. Almost double what I'm paying for my '04 Prius ($40/ month), but the Volt quote is a good deal, since the Volt is worth a little over 4 times the value of the Prius.

I used the VIN from a Volt on the Unplugged tour since I don't have a VIN yet: 1G1RD6E41BU099318

Rusty
11-29-2010, 12:12 PM
My insurance gave me a ball park quote (State Farm, also of about $75 a month), but it wasn't based on the VIN. They didn't have the car in their system yet. Figured I'd wait until after Job 1 to call again.

Congrats on the VIN Chris!

scottf200
11-29-2010, 10:24 PM
Using the above VIN my Metlife Auto & Home was $50/mo for $1000 deductible and $65/mo for $500. $1500 was more or less the same as$1000.

ChrisC
12-03-2010, 05:27 PM
I called GEICO today with my own VIN to get a quote. The VIN did not decode in their system so I had to describe the car. I did urge them to get up to speed on this car because it's only a matter of weeks before a lot more people are going to be calling.

Quote was for about $500 / 6 months. I live in the City of Atlanta, and I consider that a good rate. It's the same that I'm paying for my 11-year-old Audi.

Marty
12-21-2010, 06:55 PM
AAA in California quoted me $907 per year for 500k/100k liability, 250 deductible collision, 100 deductible comprehensive, uninsured motorist coverage. We've been with them a long time, no recent tickets or accidents. Gave the rep the VIN, he couldn't find it, put me on hold for a long time, said "OK, found it, new in our system".

mizzou
12-21-2010, 07:07 PM
Wow, you guys are making me jealous. Here in NJ we have the highest insurance rates. I was at $513 every 6 months for a 2004 Chevy Malibu. Now at $900 every 6 months. I have a perfect driving record, have never been in an accident, never filed a claim against any insurance company and no moving violations since I can't remember when. Almost 35 years of paying insurance with no claims and they want almost 2 grand a year from me.

frede
12-24-2010, 10:05 AM
$860 per year from State Farm in CA, with $500 deductible on collision and maxed out liability amounts. They didn't have the Volt in their system yet so the rate is based on cost of the car. We have another car, plus house with them, for which there are some discounts.

Michael
12-24-2010, 10:06 AM
USAA wants $66 a month for typical insurance with $500 deductible.

Mike-o-Matic
12-24-2010, 11:15 AM
Wow, you guys are making me jealous. Here in NJ we have the highest insurance rates. I was at $513 every 6 months for a 2004 Chevy Malibu. Now at $900 every 6 months. I have a perfect driving record, have never been in an accident, never filed a claim against any insurance company and no moving violations since I can't remember when. Almost 35 years of paying insurance with no claims and they want almost 2 grand a year from me.
Dang, Mizzou, that's crazy high.

Can't speak for Volt rates with any real certainty (see educated guess below), but my $30k-stickered '05 Sierra only costs me $290/6mo with a $500 deductible and 100/300 coverage on all aspects. The company is American Family.

My girlfriend works for a different prop&casualty insurance company, and tells me the Volt is too new to be damage-repair rated (they subscribe to published industry-standard figures to get these costs). Hence they base their damage-and-repair related parts of the premium on sticker. No doubt, this ignores any gov't rebates. So I imagine if I were picking up a Volt here, it'd probably be looking at about $800 a year.

PS. I have several other policies with them, and get about a roughly 10% discount overall on my auto insurance.

ClarksonCote
12-28-2010, 05:03 PM
Here's my exact premium changes for a Volt through Geico:

Previously 2003 Honda Civic: $248.40 for 6 months
Now 2011 Chevy Volt: $369.80 for 6 months

I go with $1000 deductibles where applicable, and do the NY minimum insurance requirements. I have a perfect driving record and very good credit.

Hope this helps,
Eric

ocryan
12-28-2010, 09:19 PM
$713/year for me. Orange County, CA. Collision/Comp/Uninsured Motorist, BI limits of $100k/$300k with a $500 deductible, Wawanesa.