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I pay $9000 a year in car insurance!

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HELENofTROY
Established Member

Re: I pay $9000 a year in car insurance!

Thanks for responding. There is a lien on the vehicle.  I shopped around. Some places wanted more.  I used to pay over $1000 a month. This is almost my second year..... :-(


Starting Score (4/6/2013): (All lender pulls) Exp 583, Trans 570, Eq 535
Current Scores: (2/13/14) Exp 687, Trans 640 , Equifax 599 (myfico????)
Goal Scores: 640-720

Credit: BOA Platinum Plus Visa ($2K), NFCU Cash Rewards ($6K), AMEX Everyday BLUE ($2K), Victoria's Secret ($500)

Take the myFICO Fitness Challenge
Message 11 of 36
HELENofTROY
Established Member

Re: I pay $9000 a year in car insurance!

I used to haev GEICo.  They dropped me.  Then I had MAIF. Now I have Progressive. I will continue to search for cheaper insurance. Somone once mentioned AAA. Thnks for your post!


@Karnage146 wrote:

Holy hell thats alot, thats a similar number to what I got when I FIRST got insurance thru the dealership. Shop around man, those rates are ridiculous, who do you have?


 


Starting Score (4/6/2013): (All lender pulls) Exp 583, Trans 570, Eq 535
Current Scores: (2/13/14) Exp 687, Trans 640 , Equifax 599 (myfico????)
Goal Scores: 640-720

Credit: BOA Platinum Plus Visa ($2K), NFCU Cash Rewards ($6K), AMEX Everyday BLUE ($2K), Victoria's Secret ($500)

Take the myFICO Fitness Challenge
Message 12 of 36
HELENofTROY
Established Member

Re: I pay $9000 a year in car insurance!

That should be illegal. THat's what happened to me! :-(


@guiness56 wrote:

@Anonnamus wrote:
I didn't even know it was legal to charge that much for auto insurance. Do you have a lien on the vehicle, or are you able to carry just liability insurance? Have you shopped around getting quotes from other companies?

Yep. My daughters boyfriend was paying 138 every 6 months.  He got one too many tickets and it went to right around 1000 a month.


 


Starting Score (4/6/2013): (All lender pulls) Exp 583, Trans 570, Eq 535
Current Scores: (2/13/14) Exp 687, Trans 640 , Equifax 599 (myfico????)
Goal Scores: 640-720

Credit: BOA Platinum Plus Visa ($2K), NFCU Cash Rewards ($6K), AMEX Everyday BLUE ($2K), Victoria's Secret ($500)

Take the myFICO Fitness Challenge
Message 13 of 36
pizzadude
Credit Mentor

Re: I pay $9000 a year in car insurance!

Moving to general credit
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 14 of 36
guiness56
Epic Contributor

Re: I pay $9000 a year in car insurance!

Do you have access to USAA?  Any body can join but I think you need to be affiliated with the military to get insurance.

 

Theirs, by far, have been the cheapest of all for my family.

Message 15 of 36
HELENofTROY
Established Member

Re: I pay $9000 a year in car insurance!

Both of my grandfathers are veterans and i may have proof for one. They both are deceased.  Can i stil join USAA?

@guiness56 wrote:

Do you have access to USAA?  Any body can join but I think you need to be affiliated with the military to get insurance.

 

Theirs, by far, have been the cheapest of all for my family.


 
@guiness56 wrote:

Do you have access to USAA?  Any body can join but I think you need to be affiliated with the military to get insurance.

 

Theirs, by far, have been the cheapest of all for my family.


 


Starting Score (4/6/2013): (All lender pulls) Exp 583, Trans 570, Eq 535
Current Scores: (2/13/14) Exp 687, Trans 640 , Equifax 599 (myfico????)
Goal Scores: 640-720

Credit: BOA Platinum Plus Visa ($2K), NFCU Cash Rewards ($6K), AMEX Everyday BLUE ($2K), Victoria's Secret ($500)

Take the myFICO Fitness Challenge
Message 16 of 36
Shokk
Established Contributor

Re: I pay $9000 a year in car insurance!


@guiness56 wrote:

Do you have access to USAA?  Any body can join but I think you need to be affiliated with the military to get insurance.

 

Theirs, by far, have been the cheapest of all for my family.


That's weird, but I've heard others say it.  USAA quoted me higher than anyone else.  This was only for car ins and I have no other ins or affilation with them currently.

I don't know my start scores, but low 500s. 6/2013

2/19/15
EQ FAKO - 638
EX FICO - 665
TU FICO - 697
Message 17 of 36
guiness56
Epic Contributor

Re: I pay $9000 a year in car insurance!

I have had GEICO and Progressive.  Both were double what USAA was.  But like anything else, YMMV.

 

You can call and ask if you are eligible based on your grandparents.

 

 

Message 18 of 36
92235
Regular Contributor

Re: I pay $9000 a year in car insurance!

For that price you should probably buy a bike. The other option is public transportation. Another option, but you would be spending the same amount of money, is to take a taxi every day.

Message 19 of 36
2FixMyCredit
Established Contributor

Re: I pay $9000 a year in car insurance!

Direct General (not the general) insurance is CHEAP! I pay $50 a month and my brother pays $90 for full coverage and he has had tickets and accidents and still pays on his truck.  They don't do a credit check either.

Total CL: $40k+
Discover, BOA, GE, Cap 1, Chase, Barclay!
Gardening Start: 04/22/2013

Message 20 of 36
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