Interesting ... when you say "per year", does that mean you can drive it during the winter months if you wanted to ?Clean record, second car, retired, low miles per year, $800/yr.
Other car (Taurus SHO about same).
Keith,Generally, the cars 15 years old and older are pretty cheap to insure with places like Haggerty, but there are restrictions. With our old Chevelles it was so much per thousand dollars of insured value. For a $35K car it would be around $300. Our Corvette would be triple that if we insured it for the whole year with no driving restrictions. You can keep just fire and theft coverage on in the winter while the car is in storage which saves a few dollars.
Hi Jim,Interesting ... when you say "per year", does that mean you can drive it during the winter months if you wanted to ?
All things being the same...
I was quoted $650 for the 6 months of summer, and $40 for being stored for the winter .
I have to call them again to clarify .
Brian, my '67 does not qualify for the Silver Wheels plan, so it's covered by their Custom Wheels. I can only insure it for a full year and, due to the amount of agreed value coverage (not my driving record), the premiums are through the roof. Oh well.That sounds odd..... At Haggerty, anything that is older than 15 years, and meets the requirements (which corvettes do) is generally mighty cheap. My 88 (25 years old) costs me $250 a year. Yes, you do have to have a daily driver insured, and show you won't be driving the corvette everyday......Keep it in a garage and so worth. This is upon an agreed value; $12000 in my case.
I would think your 67 would be not bad for cost at all...
Newer corvettes don't really differ much in price from my experience in terms of being daily driven. if you're looking to keep costs down on a vette that' can't be classified for classic automobile insurance, then the vehicle will have to be insured as a "regular" vehicle on your policy. as far as price goes, there's not much you can do aside from shopping around, captializing on discounts that a company may offer (ie alumni or occupation discounts, maybe retiree discount), and keeping your mileage low for the insurance company, also if you don't commute to work with the vette that helps too as long as the insurance company is aware of it. Those are your best options.how does the cost to insure the newer corvettes compare to the cost of a daily driver ? do you require a separate policy or is it considered an add on ? my c3 has really spoiled me at 102 bucks a year.
I believe rates are now based on location, your age, driving record and history of accidents/safety performance with each particular car. I don't believe that there's a surcharge for my performance cars: both the 'vette and the SHO.so unlike the old days, there is no high performance surcharge ?