GOLFMK7
GOLFMK6
GOLFMKV
FORUM OPTIONS
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Go Back   GOLFMK7 - VW GTI MKVII Forum / VW Golf R Forum / VW Golf MKVII Forum > Volkswagen GTI / Golf MK7 General Topics > GTI & Golf MK7 General Discussions


Reply
 
Thread Tools Display Modes
Old 12-07-2017, 06:47 AM   #1
Antonioni fasano
Member
 
Drives: Mohave
Location: Chicago
Join Date: Jul 2017
Posts: 44
$2500 to get an insurance on my GTI?????

Hello eveyone, I am looking to buy a MK7 GTI, and been looking into some insurance companies in Chicago! I am 19, and they want to me to pay 2500 for 5 months!! How fucking insane is that? Is this correct for my age and the car I want to be driving or it is just way to much?
Thankss
Antonioni fasano is offline   Reply With Quote
Old 12-07-2017, 06:55 AM   #2
AKF427
Banned
 
Drives: 16 VW GTI 6spd | '17 Audi Q7 Prem+/Virtual Cockpit
Location: Lexington MA
Join Date: Sep 2016
Posts: 210
Quote:
Originally Posted by Antonioni fasano View Post
Hello eveyone, I am looking to buy a MK7 GTI, and been looking into some insurance companies in Chicago! I am 19, and they want to me to pay 2500 for 5 months!! How fucking insane is that? Is this correct for my age and the car I want to be driving or it is just way to much?
Thankss
How's your driving record? I'm 2x your age...my insurer is USAA, when I bought the Dealer was amazed & took a photo of my premium....it's $574 for 12 months. KNOCKING ON WOOD....I have zero claims & zero speeding/moving violations in 20+ years I've been w/ them. But $2,500 for 5 months sounds wildly high.
AKF427 is offline   Reply With Quote
Old 12-07-2017, 07:10 AM   #3
Gti jake
Senior Member
 
Drives: GTI 6MT
Location: Charlotte, NC
Join Date: Apr 2013
Posts: 2,758
I was 20 when I bought my first new gti (mk6) and my insurance quote was $300 a month, so $200 per month cheaper then they told you.

I ended up adding it to my dads policy since I still used his address at that time and it was like $175 a month.

Now I'm 27 and pay $1500 per year for my mk7 gti and wife's SUV, which is also a 2016
__________________
'16 GTI 6MT PM for NC/SC help with Installs & Fabrication
Gti jake is offline   Reply With Quote
Old 12-07-2017, 07:15 AM   #4
ReadTheBook
Senior Member
 
Drives: '90 Cabby '15 Golf SE Sport, CSG '17 GTI Sport
Location: West Coast, USA
Join Date: Nov 2014
Posts: 1,074
Quote:
Originally Posted by AKF427 View Post
How's your driving record? I'm 2x your age...my insurer is USAA, when I bought the Dealer was amazed & took a photo of my premium....it's $574 for 12 months. KNOCKING ON WOOD....I have zero claims & zero speeding/moving violations in 20+ years I've been w/ them. But $2,500 for 5 months sounds wildly high.
I'm with USAA too, just about your age, but nowhere near that low @ $939 / 12mo for my GTI. My wife's cost for her MK7 Golf is $898 and she's had a speeding ticket in the last 5 years, and no accidents that were her fault (her parked car got t-boned a few years ago though) These are the "discounted" rates because we bundled renters and personal property with them as well.

I would say I've had 1 speeding ticket every 5 years on avg since I began driving at age 16, I've had 3 accidents in my life, but only one was my fault, and no accidents in the last 10 years. So not a perfect record, but not horrible across the 5 years they supposedly look at either.

OP, for a 19 year (we don't know your driving record) old in a major city with what is considered a sporty car, it might seem high, but it's probably not that far off from what a lot of younger drivers might encounter depending on driving record of course.
__________________
CSG '17 GTI Sport | H&R OE Sport Springs | Bilstein B8 | EuroCode FSB 25mm | Eibach RSB 25mm | Neuspeed RSe12 | Clubsport Center Caps | Continental 235 | OEM Folding Mirrors | SunTek CXP 35/18 | aFe | DeAuto | SoundSkin Pro | Helix SoundBox | A119 DashCam | RGM Guards | OBDEleven'd |
ReadTheBook is offline   Reply With Quote
Old 12-07-2017, 07:16 AM   #5
oddspyke
Member
 
Drives: 2016 GTI Autobahn Manual w/PP
Location: Nazareth, PA
Join Date: Sep 2017
Posts: 62
You're in a city and your age starts with a "1". It may be on the high side, but it's not as crazy as it sounds. When I was 22 and got my MKV GTI I was paying over $1,000 every 6 months in a suburban/rural area, also with a clean record. My friend was in Philly paying almost double that and that was almost a decade ago. Keep in mind too that even if you have a clean driving record, that's only like 2 years. You might think you're a good driver, heck, you may be a good driver, but statistically speaking, you're an accident waiting to happen with 200+ hp car.

Try calling around though, Geico and Progressive were always the cheapest when I was under 25, but you also get what you pay for, so you'd better hope you don't get in an accident and actually need their assistance.
oddspyke is offline   Reply With Quote
Old 12-07-2017, 08:05 AM   #6
TheGreekFreak
Senior Member
 
TheGreekFreak's Avatar
 
Drives: 2017 Tornado Red 6MT GTI Sport
Location: MA
Join Date: Nov 2016
Posts: 626
27yo, no accidents, no tickets, no points ever. Live in a good suburb, car is parked in the garage year round, basically best picture you can paint for an insurance company.

Still, my rate is a little over $1500 a year for just the GTI. Had an insurance agent shop around, play with coverage, etc and it was the best rate I could get for the coverage I wanted.

Not the crazy rate you got quoted but feel like I'm paying too much given my record and the car itself. The GTI isn't THAT fast from the factory or anything special imo.
__________________
Build Thread
TheGreekFreak is offline   Reply With Quote
Old 12-07-2017, 08:11 AM   #7
Gti jake
Senior Member
 
Drives: GTI 6MT
Location: Charlotte, NC
Join Date: Apr 2013
Posts: 2,758
Quote:
Originally Posted by TheGreekFreak View Post
27yo, no accidents, no tickets, no points ever. Live in a good suburb, car is parked in the garage year round, basically best picture you can paint for an insurance company.

Still, my rate is a little over $1500 a year for just the GTI. Had an insurance agent shop around, play with coverage, etc and it was the best rate I could get for the coverage I wanted.

Not the crazy rate you got quoted but feel like I'm paying too much given my record and the car itself. The GTI isn't THAT fast from the factory or anything special imo.
Must be where you live, because I have two tickets currently and pay half as much and I'm your same age
__________________
'16 GTI 6MT PM for NC/SC help with Installs & Fabrication
Gti jake is offline   Reply With Quote
Old 12-07-2017, 09:21 AM   #8
Dubins930
Junior Member
 
Drives: 2017 VW GTI
Location: Washington State
Join Date: Oct 2017
Posts: 5
Im 31, more accidents and speeding tickets than I can count on both hands, 81 a month for full coverage haha... I remember looking when I was 19-20 and they wanted about the same...it was insane. By yourself a golf instead and when you hit 26ish your rates will drop
Dubins930 is offline   Reply With Quote
Old 12-07-2017, 11:36 AM   #9
JC_451
Senior Member
 
Drives: 2017 GTi Sport 6MT
Location: NJ
Join Date: Jun 2017
Posts: 349
Young male drivers are the dumbest drivers out there unfortunately.

Gotta pay for other people mistakes. (Or perhaps your own if you're leaving out details)

The insurance company perceives you to be high risk, their belief isn't likely unfounded.
JC_451 is offline   Reply With Quote
Old 12-07-2017, 12:22 PM   #10
Strange Mud
Senior Member
 
Strange Mud's Avatar
 
Drives: 2017 GTI Sport
Location: Small Town CT
Join Date: Oct 2017
Posts: 202
did you ask any one else that actually sells insurance how much they would sell it for?
Strange Mud is offline   Reply With Quote
Old 12-07-2017, 12:57 PM   #11
armedferret
Senior Member
 
armedferret's Avatar
 
Drives: 17 SE DSG NBM
Location: Maryland
Join Date: Aug 2016
Posts: 304
When I was 19 I drove a 1986 ford tempo. No car payment, insurance was about 45 bucks a month.

Sometimes swallowing your pride affords the ability to not be a spoiled little twatwaffle.
armedferret is offline   Reply With Quote
Old 12-07-2017, 01:39 PM   #12
Parabola
Member
 
Drives: 2015 GTI, 2016 GSW
Location: PA
Join Date: Jun 2016
Posts: 90
My insurance for both GTI and Sportwagen is ~$1300/year, comprehensive coverage...I am twice the op's age with clean driving record...
Parabola is offline   Reply With Quote
Old 12-07-2017, 02:23 PM   #13
Sub-to-Dub
Member
 
Sub-to-Dub's Avatar
 
Drives: '17 GTI Sport 6MT
Location: Arlington, VA
Join Date: Nov 2016
Posts: 82
It sounds like you're young, living in Chicago, and insuring a new (performance) car so I'm not surprised it's outrageous.

Some variables to consider:
-Age and gender
-Marital status
-Driving record
-Make/model/year of car
-Miles driven per year
-Location (where the car is driven and parked)
-Coverage limits (liability, collision, etc.)
-Combing policies with home or other vehicle coverage
-Add ons like roadside assistance

Definitely get multiple estimates and see if competing offers can get the price down some. Are you part of any organizations that might get discounts? Is getting on your parents insurance an option?

Last edited by Sub-to-Dub; 12-07-2017 at 02:48 PM.
Sub-to-Dub is offline   Reply With Quote
Old 12-07-2017, 02:43 PM   #14
TheWombat
Senior Member
 
Drives: Golf R MKVII 2016 manual
Location: Vermont
Join Date: Feb 2016
Posts: 953
Yeah, as Sub-to-Dub lists, it's all about the data. Age, marital status, location, car model, driving record, driving patterns, etc. Unfortunately, being young, male, single, living in a city, driving a new performance-oriented car...all adds up, literally.

I'm with USAA as well, and the rates are extremely good compared to pretty much anything else I could get.
__________________
MK7 Golf R Lapiz Blue 6MT Dieselgeek shift kit Raceseng Topology shift knob BMS clutch stop Poodle nose prints on windows
TheWombat is offline   Reply With Quote
Old 12-07-2017, 03:01 PM   #15
The Fed
Senior Member
 
The Fed's Avatar
 
Drives: 2016 Golf R
Location: Florida
Join Date: Dec 2012
Posts: 6,696
Your only hope without changing your status is to go to an insurance broker.

Qualifying for USAA would certainly help, but you would need to enlist. But then you wouldn't get to drive your own car much.
__________________
(Mostly) Posted by Josh/AWE. Flapper valves are open at idle, close after 1100 RPM during part throttle. Full throttle 1st-4th gear the valves open until throttle let off. 4th gear, 1500 RPM to full throttle closed, closed until 3500 RPM, then open until lift off throttle.
The Fed is offline   Reply With Quote
Old 12-07-2017, 03:09 PM   #16
dood.
Member
 
Drives: 2017 GTI S DSG
Location: San Diego
Join Date: Sep 2016
Posts: 68
What about getting a nice, clean used MK6? Might be worth getting an insurance quote to see if it fits your budget better.


Sent from my iPhone using Tapatalk
dood. is offline   Reply With Quote
Old 12-07-2017, 03:11 PM   #17
Diggs24
Senior Member
 
Diggs24's Avatar
 
Drives: 2015 GTI; 2003 Saab 9-3 SS
Location: Flyover Country
Join Date: Mar 2016
Posts: 3,868
1. male
2. 19
3. Chicago
4. Single policy
5. full coverage
6. low deductible probably
7. It's a GTI
8. Not married and don't own a house
9. Do you have any tickets?

And you are surprised why??
__________________
JB4 / IE Intercooler / MAP cat+res Downpipe
Diggs24 is online now   Reply With Quote

Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 03:42 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.