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Thread: Insurance Group Rate For Marauder Owners ??

  1. #1
    Join Date
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    Exclamation Insurance Group Rate For Marauder Owners ??

    I have full coverage, with towing ect. I just got my renewal and the new rates are $1500 for a 6 month policy. This is from Progressive Insurance, with the new rates that Texans are paying. When I got my MM, it was listed as a Gran Marque. Now it's listed as a Marauder and the rates reflect the differance. I have suggested that MM Net. members try a get a group rate. I quess that idea went nowhere, as I have not seen any response. If any members can steer me to a less expensive insurance company, I will be eternaly grateful and will be able to keep my MM. Perhaps we can get a group rate, if enough members are willing to commit to a paticular insurance company. Any ideas ?
    Jim Williams
    Ft.Worth, Republic of Texas

  2. #2
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    Holy Crap!

    Jim,

    I would shop around as I do not pay that for full year! I also have towing, rental, etc. with a $500.00 deductable.

    Maybe call Geico to at least see what rates they offer and have them fax a copy to you. Then use that to try and find a cheaper rate.

    Assuming you are in excellent standing with your current insurance provider, you shouldn't have to search far for better rates with the same coverage.

    BTW, I am 42 years of age and married with one child. Good driver discounts + theft deterrent, and have 3 cars on the same policy + homeowners.

    Good luck!

    Mike.

  3. #3
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    I would recommend getting a quote from Allstate, I pay $1017 for 6 months for 3 cars 3 drivers, one driver 22 year old male. The rate for just the "Marauder" listed as Marauder is $327 for 6 months. All three cars have full coverage, no towing, I use AAA for that.
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  4. #4
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    Is AMICA Insurance available in your area? I currently have 300/300/100 liability and $500 deductible on collision. The car is listed as a Marauder on my policy.

    My total premium for a full 12 months is $470.26. I know that North Carolina rates are lower than most states, but they can't be that much lower.

    I also have my homeowners insurance with them at very reasonable rates.
    DOK

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  5. #5
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    Quote Originally Posted by mungce
    I have full coverage, with towing ect. I just got my renewal and the new rates are $1500 for a 6 month policy. This is from Progressive Insurance, with the new rates that Texans are paying. When I got my MM, it was listed as a Gran Marque. Now it's listed as a Marauder and the rates reflect the differance. I have suggested that MM Net. members try a get a group rate. I quess that idea went nowhere, as I have not seen any response. If any members can steer me to a less expensive insurance company, I will be eternaly grateful and will be able to keep my MM. Perhaps we can get a group rate, if enough members are willing to commit to a paticular insurance company. Any ideas ?
    That's ridiculous. Mine is with MetLife. Five vehicles, two of them Marauders. and the premium is much less than that. $300k coverage, $500 deductible with a $1 Million umbrella rider.

    Shop around you can do lots better than what they're offering.
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  6. #6
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    Quote Originally Posted by mungce
    If any members can steer me to a less expensive insurance company, I will be eternaly grateful and will be able to keep my MM.
    I have had USAA coverage for nearly 35 years and am quite happy with them. They used to be limited to military officers and dependents. However, now I believe that they have expanded their member base. You may wish to check into it.
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  7. #7
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    Nov 2005
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    OK, well my driving record is somewhat less than sparkling, and I am single (which they charge higher for because they feel we take risks) now, but I just renewed mine for 800/6 mo's in DC area, which is stout in insurnce costs...
    I use allstate, and that is just the auto, no homeowners or anything. It's the higher rates for injuries and liability (alot of expensive cars out here, and rrely one car per accident) and none of the minimal req's for the area. Now I also have tow/rental coverage and 30K payoff if totaled etc...
    Only problem I have is aftermarket parts not covered...
    By the way, I spent the last three days comparing quotes from almost all the insurers, and stuck with allstate (who was just one up from the lowest price) because they have always handled claims without issue and didn't ding me when VA started terming speeding tickets as "drag racing"...

  8. #8
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    Thanks for all the positive replies ! I am checking into several of the insurance companies that have been recommened by MM members. Again, it's too bad that we can't get a group rate. Are ther any MM memebers who are also insurance agents, and willing to admit it ??
    Jim Williams
    Ft.Worth, Republic of Texas

  9. #9
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    I am a broker in NY, I don't have any markets in texas, but look aroudn for an independent agent who can shop multiple companies for you, they work for you not the insurance company.

  10. #10
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    when I re-uped my insurance yesterday I introduced the guys to the MM. They looked it up, having never heard of it before, and both had to come look at it in person. A new MM owner in the works possibly... heh heh

  11. #11
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    Quote Originally Posted by mungce
    Thanks for all the positive replies ! I am checking into several of the insurance companies that have been recommened by MM members. Again, it's too bad that we can't get a group rate. Are ther any MM memebers who are also insurance agents, and willing to admit it ??
    Group insurance rates are typically 400% higher than what you can get on the open market, through an independent agent. The price of insurance is controlled by the state, an agent cannot move it up or down 10 cents.

    BTW, not only am I an agent, I own the agency.
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  12. #12
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    That rate seems quite high. I too have Progressive and pay roughly $900/6 months now.
    Last edited by Rick-n-Miami; 12-18-2005 at 06:49 AM.
    Best,
    Rick


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  13. #13
    I live in dfw 33 years old and have my MM, 1985 buick gn, and a 1996 ranger all full coverage with allstate for 150/month.
    2003 300A Trilogy #80 SOLD, SOLD, SOLD.

  14. #14
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    I'm insured with the green lizard and I pay 650/6 mo. policy and have towing uninsured/under insured, mechanical breakdown (covers every thing the dealership wont like if you spill your soda into the stereo), rental, minimum coverages in Texas and I'm 30 and single. Been very happy with them for 8 years now. Have had 2 vandalisms (rock thrown thru back windshild) , and varnish poured in my gas tank ( on my '01 Taraus ) , and my '89 Bronco (full size) totaled an Isuzu Rodeo ( I only had to replace a fender, headlight and corner light). 500 deductible.
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  15. #15
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    I pay about 2500 a year...im 18 so that takes it up, also had a speeding ticket when i was 16 so again the price goes up, it is fully covered so i wont pay a dime.
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