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Old 12-07-2017, 06:47 AM   #1
Antonioni fasano
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$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?
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Old 12-07-2017, 06:55 AM   #2
AKF427
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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.
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Old 12-07-2017, 07:15 AM   #3
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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.
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Old 12-07-2017, 07:10 AM   #4
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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
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Old 12-07-2017, 07:16 AM   #5
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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.
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Old 12-07-2017, 08:05 AM   #6
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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.
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Old 12-07-2017, 08:11 AM   #7
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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
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Old 12-07-2017, 09:23 PM   #8
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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.

T.
Umm what? I mean in 1980 maybe. But literally EVERY car i've ever driven/owned besides a first gen honda odyssey has had over 200 HP and not a single one of them was charged for having "too much HP" (lol).....

If we are being honest, in 2017 220 HP aint shit really, especially with 435-460HP Mustang GT's runnings around now. I had a 305 HP V6 mustang and was never bent over a barrel. Same for my 300 HP 2013 impala, 250 HP audi, 200 HP mazda, 215 HP explorer....

We all know the GTI is much faster than its HP implies though and very underrated. Afterall its the torque thats gets you there faster. But TBH, no one in these united states is getting surcharged for having more than 200 hp.

In european countries maybe, but in the US we don't go by HP rating. Rather, a known type of car that is accident prone is potentially surcharged (i.e. lexus 350's , GT cars). Its really your personal data that determines that rate you pay here. A 50 year old man with a clean record could pay less to insure a new corvette than a 25 year old with an average record pays to insure a honda accord.

I saw literally zero increase(surcharge wise) going from a 2015 Jetta to a 2017 GTI, besides the small percentage that it went up for being a more expensive/new car.

I would say an accident waiting to happen is a 19 year old in a Hellcat. That would be SOME crazy surcharge.
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Old 12-07-2017, 10:15 PM   #9
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Umm what? I mean in 1980 maybe. But literally EVERY car i've ever driven/owned besides a first gen honda odyssey has had over 200 HP and not a single one of them was charged for having "too much HP" (lol).....

If we are being honest, in 2017 220 HP aint shit really, especially with 435-460HP Mustang GT's runnings around now. I had a 305 HP V6 mustang and was never bent over a barrel. Same for my 300 HP 2013 impala, 250 HP audi, 200 HP mazda, 215 HP explorer....

We all know the GTI is much faster than its HP implies though and very underrated. Afterall its the torque thats gets you there faster. But TBH, no one in these united states is getting surcharged for having more than 200 hp.

In european countries maybe, but in the US we don't go by HP rating. Rather, a known type of car that is accident prone is potentially surcharged (i.e. lexus 350's , GT cars). Its really your personal data that determines that rate you pay here. A 50 year old man with a clean record could pay less to insure a new corvette than a 25 year old with an average record pays to insure a honda accord.

I saw literally zero increase(surcharge wise) going from a 2015 Jetta to a 2017 GTI, besides the small percentage that it went up for being a more expensive/new car.

I would say an accident waiting to happen is a 19 year old in a Hellcat. That would be SOME crazy surcharge.
But a GTi is a lot more expensive to fix than a Chevy Sonic. It's not all about HP, it's about cost of repairs too. Euro cars are more expensive to fix after an accident in many cases.
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Old 12-07-2017, 09:21 AM   #10
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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
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Old 12-07-2017, 11:36 AM   #11
JC_451
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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.
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Old 12-07-2017, 03:16 PM   #12
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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
This, buy a Golf for even cheaper, pick up an is20 for around $350 and boom you stuck it to the man.
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Old 12-07-2017, 12:22 PM   #13
Strange Mud
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did you ask any one else that actually sells insurance how much they would sell it for?
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Old 12-07-2017, 12:57 PM   #14
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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.
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Old 12-07-2017, 01:39 PM   #15
Parabola
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My insurance for both GTI and Sportwagen is ~$1300/year, comprehensive coverage...I am twice the op's age with clean driving record...
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Old 12-07-2017, 02:23 PM   #16
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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.
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Old 12-07-2017, 02:43 PM   #17
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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.
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