Insurance: 2000 360 Modena vs. 2001 Acura NSX-T

Hey,

My 360 Modena's insurance is 1,950. I was really surprised becuase I am in the bad age group as well, but I do have a 5,000 deductible so anything minor is coming out of my wallet, which is why the insurance is not as high as I thought it was going to be. How many miles are on the car that you are looking at? What is your deductible?

 

No, it means both cars are aluminum.

 

Is that rate per month? Or maybe per 6 months? Or is it for a year? If it's a year, or even for 6 months, that's not as bad as I thought it would be... if it's per month, that's more in line with what I would have expected....

 

One of the factors that matter the most in insurance pricing/rating is the average buyer of a specific vehicle, in this case MOST Ferrari buyers are well established older folks, and that's why the rates on them are not that high, since older folks are less likely to drive, enthusiastically lets say, as well as the fact that most Ferraris end up being garage queens, and people don't put any claims on their insurance policies simply because they don't drive the cars enough to get in an accident!

Just for kicks try to add a 2005 Subaru WRX STi on your policy, and see how it goes.

 

Sweet... it will be cheaper for me to insure a Ferrari than it is to insure my RX-7.... unless it's just because you live in Florida, compared to me living in NJ!

 

It's cause of multi vechile policy and I supose pleasure vechile too.
For my 01 NSX it would have been $3500 for 6 months, but combined with my two trucks and the NSX being pleasure got all 3 for $2800 for 6 minths go figure. When I got a quote for a 99 360 they said $6500 for 6 months!!!!! WTF, guess they didn;t want to insure me. Tried to get quotes on a Diablo 6.0 and a CS and flatout got denide even a quote, guess those 10 tickets last year didn't help. Now to try a Gallardo.

RL,what insurance company are you with? If they're here too I need to give them a call......ohh and keep the NSX. The first time the 360 breaks down (and it will) you'll wish you did....if you don't you will after you get the repair bill

 

State Farm here: 01 360 1000k ded, high limits mulit car discount as well as accident free $1150/yr, 01 Diablo $1175/year and 04 Murcie $1225/year. I'm 51 so it's a great age group. BTW I only had the 360 and Diablo and the Diablo and Murcie insurred at the same time. I am told that State Farm as of July 17 is lowering premiums as the ZO6 went from $550/6 months to $374/6 months.

 

Just checked today w/ State Farm on possible 2004 CS and was quoted $530/six months, $1K deductible, multi-car, etc.

 

Your insurance company must love you with that 1000K deductible!

 

Good Lord I am jealous.

I drive an 04 Infiniti G35 Coupe. Essentially a $36k ride.

I have a perfect driving record and did ALL of my due dillengence in shopping around for the best insurance rates.

My full coverage with a $500 deductable is costing me $5,000/12 months. No joke.

I guess being a 23 year old male in New Orleans is an ultra-bad combo...

 

Typo, $1k ded.

 

Wow. I am very surprised how low the rate difference is between a 01 NSX and 360! I know the NSX is freaking expensive as hell to fix if it gets wrecked.

 

Don't forget liability/umbrella insurance. You're a real target in that car.

 

RL, Of coarse I'm on NSXPrime , by far the most informative and knowledgable site I've ever seen.

Man....... seems like I need to call State Farm, I'm getting ripped royaly.

Also, word of advice, get a beater and make it you primary driver, everything else will drop more than the car cost. When my 98 Dodge with 100k finally goes I'm gonna park it and still keep it insured cause it's actually cheaper with all 3 then just with my other truck (04 Ram 2500) and the NSX, and all my tickets only count on the 98 Ram even though all but one came from the NSX...dam cops in Hamilton county got no crime so they bother me, and I don't even live there and rarely go there!!! They stalk me

 

My insurance is also with multi-car... I am curious now as to what I would pay if it weren't... hmmm...

anyway, the $6500 for 6 months is closer to what I would have expected to see for 360... especially when you consider the payment they would make should you get into an accident...

 

I don't understand, I pay the following, per year:

1.) 87 TR: $580.00 with $500 deductable
2.) 2000 360 $980.00 with $1000 deductable
3.) 04 Yamaha R1 $660.00 with $500 deductable

Okay, bikes are dangerous and statistically are in more accidents, high medicals, etc. But I am 40 with a good (perfect) record for about 10 years now and I pay more for my bike than my TR.

Insurance--funny business.

And yes my car rates are low--don't know exactly why but I will not complain.

 

I think it's because they're afraid that if you get into an accident, you'll be more expensive to fix than the TR...

 

ins. for ferraris are relatively cheap...because, very, very few very get into accidents, and many spend most of their live in the garage well protected andmost owners baby them....the nsx is relatively high due to the aluminum body and also keep in mind that the average ferrari owner is older and lower risk than a nsx owner