Emira insurance in the US

[Porter]

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What were your deductibles? Tinkering around the lowest I can get is 195 a month. EDIT- Ok down to 176 a month with 5k deductibles lol.

I set deductibles to 1K and 1K.

 

[DerTheDer]

I set deductibles to 1K and 1K.

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Hmmm interesting. Only thing I can think of is DOB or zip. And my zip is as remote as they come.

 

[benjh1028]

Hmmm interesting. Only thing I can think of is DOB or zip. And my zip is as remote as they come.

I just think they’re on to you Der. I swear I said nothing!

 

[DerTheDer]

I just think they’re on to you Der. I swear I said nothing!

Lol. I'll have to log into another computer and get a clean quote. Can't figure out why such a difference. Other than. I've gotten. A quote from them before, but don't remember the cost.

 

[scc.131.fe]

My insurance wants (prefers) to see the Monroney sticker to help with a quote. Has anyone with a VIN (USA) been able to generate a sticker?

Edit: will send them to the NHTSA Vin decoder in the meantime, might be good enough

 

[GrahamClark_60-68]

Here's a new shockingly high quote from State Farm in California -- I emailed back asking if that was a mistake or not. Nope.

Just got my quote from my State Farm agent in California. $91/month! Before I popped the champagne corks I looked closer and it was missing collision (big miss). Once that was added it's now $224/mo with $500 deductible on collision. Should I still be popping the champagne? Or keep looking?

 

[DerTheDer]

Just got my quote from my State Farm agent in California. $91/month! Before I popped the champagne corks I looked closer and it was missing collision (big miss). Once that was added it's now $224/mo with $500 deductible on collision. Should I still be popping the champagne? Or keep looking?

Keep lookin! But I dont know what the rates are for CA so may be good?

 

[Davebeats]

My insurance went up $236 monthly after adding the Emira to USAA. My 18 year old plans on leaving for college soon, and I’ll switch to Grundy. I was originally going to go with Grundy, but they take a few days to process new policies, so I just used my existing policy with USAA to take possession of the car.

 

[GrahamClark_60-68]

Keep lookin! But I dont know what the rates are for CA so may be good?

Yea, I'm pretty used to everything here being more expensive. It was really in response to @kitkat and his nutso State Farm quote (was it $376/mo?) making my $224 look not so bad and @Rapture with $1400/year from State Farm (say what?). Seems to be all over the place. And seems to be lots of different experiences with Haggerty as well. Maybe I'll play around with deductibles at State Farm and see where it goes (have had a good experience with them over many years). The $224/mo quote I just got was So Cal, $250 ded comp, $500 collision, and I have 4 other cars, and homeowners/fire insurance with them (and a few other sundry policies) if that makes any difference (and it seems it may).

 

[scc.131.fe]

My insurance wants (prefers) to see the Monroney sticker to help with a quote. Has anyone with a VIN (USA) been able to generate a sticker?

Edit: will send them to the NHTSA Vin decoder in the meantime, might be good enough

Cincinnati worked the quote without the window sticker (maybe by referencing NHTSA or comparing to the Evora GT?). I have another daily driver with them, the Emira will be classified as 'exhibition vehicle' (<4k miles per year) with $1k deductible and $105k agreed value, I'll pay $125 per month. No restrictions on where I can park it overnight (hotels, etc) or any other nonsense, just watch the miles.

Fun miles will be split between this and a Vantage, so if my wife and I do get close to 4k in a year on the Lotus, then I'll have to ask them how much extra to lift the 4k number. But for now, very happy with Cincinnati!

Edit: In NY state, homeowners is also with Cincinnati, no kids in the house, we are early 40s, no accidents, etc, etc.

 

[Blackthought_]

Why are folks using speciality insurances like hagerty, etc for their in insurance? Is it in case the car is totaled there is an agreed value beforehand? Genuinely curious.. I’ve had GEICO for many years now and even years ago when I got into an accident with my 2012 Evora they covered it no questions asked. Never considered switching to a speciality insurance

 

[DerTheDer]

Why are folks using speciality insurances like hagerty, etc for their in insurance? Is it in case the car is totaled there is an agreed value beforehand? Genuinely curious.. I’ve had GEICO for many years now and even years ago when I got into an accident with my 2012 Evora they covered it no questions asked. Never considered switching to a speciality insurance

Initially the other companies would not provide a quote for the vehicles.

 

[squish]

Why are folks using speciality insurances like hagerty, etc for their in insurance? Is it in case the car is totaled there is an agreed value beforehand? Genuinely curious.. I’ve had GEICO for many years now and even years ago when I got into an accident with my 2012 Evora they covered it no questions asked. Never considered switching to a speciality insurance

I got a quote from my regular insurance company, but I am curious about specialty insurance for the agreed value. What happens if the car is totaled 3 years from now? Do they pay out the entire agreed value? So essentially there is no depreciation over time?

 

[scc.131.fe]

I got a quote from my regular insurance company, but I am curious about specialty insurance for the agreed value. What happens if the car is totaled 3 years from now? Do they pay out the entire agreed value? So essentially there is no depreciation over time?

Agreed value can be had from several "regular" insurance companies, not just specialty auto. In my case (NY), the law is that a total loss will pay out the agreed upon value, and the limit of accident repair cost is 75% of the agreed value. Any repair exceeding 75% of the value and they total you out.

edit: and the agreed value can be revisited - reestablished whenever prudent. so if Emira is the last ICE and the market loves them (start selling on BAT for $150k, let's say for hypothetical) then I just ask for a policy update to raise the agreed value and they charge me more as - needed.

 

[SirSoysauce]

Just another data point for everyone. In Michigan, progressive quoted me $273.33/month for $1,000 deductible. Hopefully can find better, but Michigan tends to be expensive.

 

[Eagle7]

Just got the bill from State Farm for my Alfa, and it went up 17% from last November. When I asked about why the increase and so much (the car is a year older now), the answer was that all vehicles are getting the 17% increase because the cost of repairs and labor for the vehicles you hit has gone up. She said "They now have computers and are computer controlled and cost much more than they used to for repairs and labor". She didn't say EV but she implied it. If you hit one, the cost of repairs is astronomical and that's now being passed on to our insurance premiums.

While there is undoubtedly something to that, somehow this smells of a scheme of some kind. I was reading an article where the insurance industry wants to require auto manufactures to install communication/tracking units in all cars so insurance companies can 'adjust' your premiums by the day. Supposedly this is to help customers 'save money', but of course that's a lie. They also want to make it mandatory that you have one of these and it be connected or they won't insure you. They want to be able to "adjust" your premiums daily based on how often you drive, how long you drive, where you go, and the speed. These units will also allow the insurance company to disable your vehicle if you don't pay your premium on time. Banks and finance companies are in on this so they can disable your vehicle if you don't make a payment, or are late. If the car is self-driving, they'll be able to simply turn it on, and direct it to drive itself to a repossession yard. Then of course, what an opportunity for taxation! Don't think the politicians who have to vote this in aren't paying attention. Are you using your vehicle 'excessively' by their definition? You'll be taxed extra for putting the planet at risk! Climate change and all that.

I'm going to write to my state legislators and request they not go for something like this. It's a major violation of our right to life, liberty and the pursuit of happiness. This kind of thing will put an impossible burden on the poor. All of this is like a bad sci-fi movie, except it isn't a movie.

 

[Barcino2012]

NC $110.- per month Hagerty, $107k agreed value, $1k/$1k deductibles. ($1,326.— annual premium)

 

[skydude]

Sad to see you cancel.
But if you change your mind look into
Haggerty
I have my Evora and Cayman insured with them full comprehensive at stated value
$2,270 a year for both

Hagerty quoted me $6000 per year for the Emira and an 04 VW R32

 

[Maurice R]

Insured with Haggerty Emira stated value $110k $125 a month Cayman GTS stated value $75k and $80 per month
Have been insured with them for 3 years

 

[Eagle7]

Got my initial quote from State Farm for $118 a month with 500/500 deductible. I haven't had a claim in 55 years of driving, so I'm going to request an increase to $1,000 deductible for collision. Collision is 67% of the total cost of the coverage. If I can get that lowered by say $25 a month, I'll put that in a savings account. After 20 months that will equal the $500 difference of the deductible. After that, it'll grow by $25 a month. Another 20 months and I'll have the entire $1,000 deductible in savings, and growing.

I think back and if I had only half the money in a savings account that I've payed insurance companies for the last 55 years for nothing (no claims), I'd probably be a multi-millionaire by now just from that alone.