NumberCruncher

Keep in mind, most of the premium you pay isn't for repairing the truck, it's to cover injuries for yourself and anyone else involved. I was always impressed by how little my premiums rose when I bought a new truck and my agent informed me of what I said here. Makes sense.

NC

BoozeDaily

iTrader: (2)

Is this a fact or only applicable to certain insurance companies? I turn 35 in a few months and this would be a pleasant surprise. I pay about $840 every 6 months for two vehicles/two drivers so I'm not complaining about my current rates, but who wouldn't be happy with a decrease?

Manuellabour247

They do have an age group for rates, but that's just one statistic in how they figure your rate. I know when i hit 25 mine dropped like a stone. I've heard it drops about every 5 years, but the big drops seem to be at 25 and 35.

roadPilot

While age, driving record, and number/amount of past claims (both at-fault and not-at-fault) will affect rates, as will the value of a vehicle and the cost to repair it, a big factor is actually your physical location. Not just whether or not you live in a high-crime area, but also the volume and severity of the claims all kind of people you DON'T know are making. Credit risk scores can be used to predict, with fairly great accuracy, your probability to file a claim as well. Auto insurance is a shared risk. They pool everybody in a small geographic area and, if they're all making claims at twice the rate other places are, your rates will be higher.

papa tiger

For me it how many months will it take to get it fixed and back.

RickJrMendez

iTrader: (1)

I switched over from Fred Loya to Farmers and my insurance actually dropped. I was expecting it to go up since the new model changed etc. I am happy with my new rate can't complain.

Ravenhawk

I had a 2013 Platinum, now I have 2015 platinum same price on insurance ! $70.00 month!

BadRobot61

I just traded a 2015 Tundra in on a 2015 F-150 Platinum and my insurance went down by $489.00 a year. Not sure why be glad.

IndianaDanO

My insurance went down $60 a year. I had a 2010 ML 350 prior (2013 FX4 before that) to my new Platinum.

jjb61

Currently driving a 1997 Chevy Astro and paying about $288 for 6 months in the Chicago area. I called my State Farm agent and asked about insurance if I bought a new truck. $525 for six months with a Chevy Colorado or Silverado. Ford F150 is $475 for six months. I was surprised with that.