Insurance Options for US Market

[sonor8s]

Grundy is the lowest I've found with 250 ded.....1431/yr emira

That is a great rate. I should mention that my policy has a 1000 deductible.

 

[Rayjoedef]

That is a great rate. I should mention that my policy has a 1000 deductible.

They quoted my wife's z4 at half the price of allstate....when I put both cars in quote, emira dropped to 1391....I'm a bit concerned how good it is!

 

[cryptovince]

Just to add another data point, I'm in SoCal and I went with Geico. $2,598 a year, $1000 deductible. All the other quotes, particularly from Nationwide and Progressive were ridiculously high.

 

[Chap944man]

Old thread, I see, but adding here to avoid creating a new one - other insurance threads being as old and/or non-US markets.
So I was just quoted $7,104 annual from Allstate (southern CA), $1K deductible. I've been a customer for 30 years (home, umbrella, all cars, all motorcycles) with no claims, accidents or tickets in as long as I can remember. What the hell? This is triple to quadruple what many seem to be paying. Any updated market comps? Has anything changed in the last 18 months? Outside of Hagarty and Grundy, other options to consider?

 

[papadop88]

Old thread, I see, but adding here to avoid creating a new one - other insurance threads being as old and/or non-US markets.
So I was just quoted $7,104 annual from Allstate (southern CA), $1K deductible. I've been a customer for 30 years (home, umbrella, all cars, all motorcycles) with no claims, accidents or tickets in as long as I can remember. What the hell? This is triple to quadruple what many seem to be paying. Any updated market comps? Has anything changed in the last 18 months? Outside of Hagarty and Grundy, other options to consider?

I feel your frustrastion man. California has completely screwed this up and insurance companies are hesitant to insure because of this piss poor management by our government. Too much fraud, liability, et al.

I was lucky enough to get Mercury to underwrite the Lotus. Several companies passed on me or made it so unaffordable that they knew I would say no. No accidents, good driver, etc. I have had policies with Safeco, Mercury, Travelers and Allstate for houses, motorcycles, toys, cars and yet the only one who was willing was Mercury for me. The others quoted me premiums similar to what you got quoted just to make me go away.

SO many variables go into all of our premiums, so nothing will be apples to apples. But $7100 is insane. They basically are telling you we don't want to do it so we'll give you a crazy number for you to walk away.

I currently pay $1,595 per 6 months for 250/500 coverage with 5K miles annual. ($200 comprehensive deductible/$1,000 collision deductible).

 

[allenyao09]

Old thread, I see, but adding here to avoid creating a new one - other insurance threads being as old and/or non-US markets.
So I was just quoted $7,104 annual from Allstate (southern CA), $1K deductible. I've been a customer for 30 years (home, umbrella, all cars, all motorcycles) with no claims, accidents or tickets in as long as I can remember. What the hell? This is triple to quadruple what many seem to be paying. Any updated market comps? Has anything changed in the last 18 months? Outside of Hagarty and Grundy, other options to consider?

I shopped around and found that Amica offered the best overall price with 2 auto, home and umbrella insurance combined. My rate was like $2,040 per 6 months for 2 cars with all the coverages and $500 deductible. Washington insurance is also quite expensive but sounds like California is more insane.

 

[007Lotus007]

Just changed insurance on my 2026 Emira in Florida. Travelers and Progressive offered lowest rates for 6mo policies. Existing policy is/was with Auto Owners. They offered a one year policy extension for my car for $1743 usd. ($871.00 for 6mo)
Both Travelers and Progressive were close together at $799.00 for 6mo policies. Neither my wife nor I have any tickets, nor accidents. We have 3 total vehicles on the policy: 2021 Honda Ridgeline and 2024 Audi A5 cabriolet but those all have their own policies independent of the Lotus policy mentioned above.
Note too, we coded the car as “pleasure use” (limited yearly milage 3mi/day or less) not work use or daily commuting. That code helped reduce it too.
I’ll send an update in 6mo to see if Travelers jumps the policy cost or not.

 

[RA71]

Old thread, I see, but adding here to avoid creating a new one - other insurance threads being as old and/or non-US markets.
So I was just quoted $7,104 annual from Allstate (southern CA), $1K deductible. I've been a customer for 30 years (home, umbrella, all cars, all motorcycles) with no claims, accidents or tickets in as long as I can remember. What the hell? This is triple to quadruple what many seem to be paying. Any updated market comps? Has anything changed in the last 18 months? Outside of Hagarty and Grundy, other options to consider?

That's crazy. With Mercury, I'm at $2k annual premium for 250/500/250 coverage with $500 deductible, in SoCal (Orange County), that's for pleasure used with multi-policy, good driver, and other available discounts. I'm happy with that. My homeowners insurance on the other hand....

Regarding Hagerty, I've used them on other cars in the past, currently have a vintage motorcycle policy with them, and have had good experience with claims in the past, but they declined to quote the Emira. Ironic as the landing page on their website currently is a photo of an Evora.

 

[007Lotus007]

Yeah, so different around the country.
I did not try Hagerty, but interesting they did not want to cover your Emira!
I also did not try Liberty Biberty in spite of all the adds we see down in Florida!
My coverage is 250/500/300.
We’ll see in 6mo where it goes…

 

[thisguyinsd]

Old thread, I see, but adding here to avoid creating a new one - other insurance threads being as old and/or non-US markets.
So I was just quoted $7,104 annual from Allstate (southern CA), $1K deductible. I've been a customer for 30 years (home, umbrella, all cars, all motorcycles) with no claims, accidents or tickets in as long as I can remember. What the hell? This is triple to quadruple what many seem to be paying. Any updated market comps? Has anything changed in the last 18 months? Outside of Hagarty and Grundy, other options to consider?

I'm in San Diego also. I have two cars, including my Emira, and a homeowners policy with State Farm. The Emira is $2350/yr with 250/500/250 $500 ded.

 

[Milk242]

I’m in Dallas, I just switched to progressive for home and car insurance, I have 2 cars 2026 model y performance and 2024 lotus Emira and my 6 months is 900 for 500k/500k/500k with 500 deductible for each car.

 

[Driver75]

Weird to hear that Emira wasn’t covered by Hagerty since I’m with them along with another classic…great rates.

 

[Chap944man]

Great info, all. Many thanks!
Yeah, essentially what I thought - you don't want to write this policy and that's the screw off price. What it really means is that they are ok to risk future business with a 30 year, multiple policy, clean record client. I will clearly have to shop around - even if it means Allstate loses all my other policies.

 

[JBravoM3]

In California and I too was denied by Hagerty. I ended up going with progressive at about $1000/year. So good I just moved all my other cars from AAA to them. AAA wanted over $6000/year for just the Emira. Oddly enough they were happy to lose my business and canceled my other cars with a 5 minute phone call after being with them for 15 years. State Farm wasn’t too bad for the Emira at a bit over $2000/year.

 

[AZemira-i4]

… years ago
I had a deposit on a new Lotus Elan. I got a quote from State Farm that was going to be about 3.5 x what I’d been paying on a BMW. I canceled the Lotus plans and purchased a 911 instead. The Porsche was considerably more expensive but the premium was about the same as I had been paying. Go figure …
With my Emira, I’ve got pleasure use only coverage with Hagerty … at declared value and very reasonable.