VisaJourney.com > WE HAVE TO PAY 700$ A MONTH FOR INSURANCE OF 2 CARS!!!!!

zauberblume

Feb 17 2007, 09:40 PM

QUOTE(jenn3539 @ Feb 5 2007, 06:53 PM)

We pay about $475 a month for two cars, but we're in Massachusetts. Notorious for high rates and strict regulation, so we have no other choices. I would say that you should be able to find something *much* cheaper than $700 in NC.

That's really expensive.

We live in Massachusetts, too.

My husband and I are both insured. We have full coverage. We have two brand new cars (Volkswagen Jetta and Toyota Matrix). We pay about $109 per month. This is with Commerce Insurance.

zauberblume

Feb 17 2007, 09:54 PM

QUOTE(zauberblume @ Feb 17 2007, 09:40 PM)

QUOTE(jenn3539 @ Feb 5 2007, 06:53 PM)

We pay about $475 a month for two cars, but we're in Massachusetts. Notorious for high rates and strict regulation, so we have no other choices. I would say that you should be able to find something *much* cheaper than $700 in NC.

That's really expensive.

We live in Massachusetts, too.

My husband and I are both insured. We have full coverage. We have two brand new cars (Volkswagen Jetta and Toyota Matrix). We pay about $109 per month. This is with Commerce Insurance.

Only wanted to add... It's basic coverage (NOT full coverage) with some options.

Jenn!

Feb 17 2007, 10:12 PM

QUOTE(zauberblume @ Feb 17 2007, 09:54 PM)

QUOTE(zauberblume @ Feb 17 2007, 09:40 PM)

QUOTE(jenn3539 @ Feb 5 2007, 06:53 PM)

We pay about $475 a month for two cars, but we're in Massachusetts. Notorious for high rates and strict regulation, so we have no other choices. I would say that you should be able to find something *much* cheaper than $700 in NC.

That's really expensive.

We live in Massachusetts, too.

My husband and I are both insured. We have full coverage. We have two brand new cars (Volkswagen Jetta and Toyota Matrix). We pay about $109 per month. This is with Commerce Insurance.

Only wanted to add... It's basic coverage (NOT full coverage) with some options.

I actually mistyped, we pay $375 - although still high. Collision coverage is what really takes over most of our premium. (And my SDIP surcharge

)

But maybe I'll get a quote from Commerce anyway - can't hurt. Thanks for the tip!

Jenn!

Feb 17 2007, 10:19 PM

QUOTE(jenn3539 @ Feb 17 2007, 10:12 PM)

QUOTE(zauberblume @ Feb 17 2007, 09:54 PM)

QUOTE(zauberblume @ Feb 17 2007, 09:40 PM)

QUOTE(jenn3539 @ Feb 5 2007, 06:53 PM)

We pay about $475 a month for two cars, but we're in Massachusetts. Notorious for high rates and strict regulation, so we have no other choices. I would say that you should be able to find something *much* cheaper than $700 in NC.

That's really expensive.

We live in Massachusetts, too.

My husband and I are both insured. We have full coverage. We have two brand new cars (Volkswagen Jetta and Toyota Matrix). We pay about $109 per month. This is with Commerce Insurance.

Only wanted to add... It's basic coverage (NOT full coverage) with some options.

I actually mistyped, we pay $375 - although still high. Collision coverage is what really takes over most of our premium. (And my SDIP surcharge

)

But maybe I'll get a quote from Commerce anyway - can't hurt. Thanks for the tip!

Oh, and the city you live in makes a big difference, too. Our rates nearly doubled when we moved cities. Our savings in rent was nearly cancelled out by the insurance increase!

zauberblume

Feb 22 2007, 10:32 AM

QUOTE(jenn3539 @ Feb 17 2007, 10:19 PM)

QUOTE(jenn3539 @ Feb 17 2007, 10:12 PM)

QUOTE(zauberblume @ Feb 17 2007, 09:54 PM)

QUOTE(zauberblume @ Feb 17 2007, 09:40 PM)

QUOTE(jenn3539 @ Feb 5 2007, 06:53 PM)

We pay about $475 a month for two cars, but we're in Massachusetts. Notorious for high rates and strict regulation, so we have no other choices. I would say that you should be able to find something *much* cheaper than $700 in NC.

That's really expensive.

We live in Massachusetts, too.

My husband and I are both insured. We have full coverage. We have two brand new cars (Volkswagen Jetta and Toyota Matrix). We pay about $109 per month. This is with Commerce Insurance.

Only wanted to add... It's basic coverage (NOT full coverage) with some options.

I actually mistyped, we pay $375 - although still high. Collision coverage is what really takes over most of our premium. (And my SDIP surcharge

)

But maybe I'll get a quote from Commerce anyway - can't hurt. Thanks for the tip!

Oh, and the city you live in makes a big difference, too. Our rates nearly doubled when we moved cities. Our savings in rent was nearly cancelled out by the insurance increase!

We live in western Massachusetts.

We don't own a home or have very many assets right now so our policy reflects that. We do have collision and comprehensive coverage. (The term, full coverage, is kind of ambiguous.) But we don't have towing and labor or substitute transportation. That saves us a bit. (I think substitute transportation is kind of a silly cost.) I've read that the medical payments are not necessary either if you have comprehensive health insurance, which we do.

Once we get some assets, we'll have to increase our option insurance (bodily injury to others right now is 100K/300K but I think we'll increase it later on). We'll probably look into some sort of umbrella policy too.

Do you have any of the good driving credits? We got two of those, which saved us about $120. Even though my husband just immigrated, he got a print-out of his driving record from the German authorities, which showed that he had no accidents or tickets.

We also got a discount with Commerce for having an AAA membership.

I'm always looking to save on car insurance and I know Massachusetts has started to reform the auto insurance industry. Is that supposed to go into effect this year?

Jenn!

Feb 22 2007, 10:51 AM

QUOTE(zauberblume @ Feb 22 2007, 10:32 AM)

We live in western Massachusetts.

We don't own a home or have very many assets right now so our policy reflects that. We do have collision and comprehensive coverage. (The term, full coverage, is kind of ambiguous.) But we don't have towing and labor or substitute transportation. That saves us a bit. (I think substitute transportation is kind of a silly cost.) I've read that the medical payments are not necessary either if you have comprehensive health insurance, which we do.

Once we get some assets, we'll have to increase our option insurance (bodily injury to others right now is 100K/300K but I think we'll increase it later on). We'll probably look into some sort of umbrella policy too.

Do you have any of the good driving credits? We got two of those, which saved us about $120. Even though my husband just immigrated, he got a print-out of his driving record from the German authorities, which showed that he had no accidents or tickets.

We also got a discount with Commerce for having an AAA membership.

I'm always looking to save on car insurance and I know Massachusetts has started to reform the auto insurance industry. Is that supposed to go into effect this year?

Ah, yeah, being in western Mass makes all the difference. I actually work for a MA auto insurance carrier, so I know all of the base rates and factors that go into the calculations. Territories in western MA can have base rates three times smaller than in metro Boston.

I think it's an 11% decrease that will go in effect on April 1 of this year! That should help a bit...