Let me start this post by saying I don't care how much the premiums are. I am more concerned about the potential for Totaling the car. However, in case you are finding this via search and are interested in premiums, Forums Nazi would like you to see this:
I am uncomfortable with the idea of paying 30k for the car because the KBB is more around 18k. In the event of a total loss I imagine the person filing the claim would get only a fraction of the KBB.. Has anyone had this unfortunate experience?
I found this interesting tidbit on the Prime insurance FAQ, but it leaves some info out:
Forums Nazi said:Oh no, not AGAIN!!!This is getting ridiculous.
Remember the "search" function - it's your friend. And it can find you such golden oldies as...
http://www.nsxprime.com/forums/showthread.php?s=&threadid=34860
http://www.nsxprime.com/forums/showthread.php?s=&threadid=25957
http://www.nsxprime.com/forums/showthread.php?s=&threadid=22096
http://www.nsxprime.com/forums/showthread.php?s=&threadid=21278
http://www.nsxprime.com/forums/showthread.php?s=&threadid=18744
http://www.nsxprime.com/forums/showthread.php?s=&threadid=5650
http://www.nsxprime.com/forums/showthread.php?s=&threadid=4777
http://www.nsxprime.com/forums/showthread.php?s=&threadid=4387
http://www.nsxprime.com/forums/showthread.php?s=&threadid=3012
http://www.nsxprime.com/forums/showthread.php?s=&threadid=2433
http://www.nsxprime.com/forums/showthread.php?s=&threadid=2008
http://www.nsxprime.com/forums/showthread.php?s=&threadid=1319
http://www.nsxprime.com/forums/showthread.php?s=&threadid=1121
http://www.nsxprime.com/forums/showthread.php?s=&threadid=298
and, of course, don't forget
http://www.nsxprime.com/FAQ/ownership/insurance.htm
Finally, to quote Mr. nsxtasy:
"Rates are going to vary depending on company, state, town, age, driving record, coverages and limits, etc.
There's a very easy way to find out how much it will cost for you to insure an NSX. Just call your insurance company and ask. They can tell you, even without you having to buy the car. Or you can check an online service such as http://www.insweb.com"
I am uncomfortable with the idea of paying 30k for the car because the KBB is more around 18k. In the event of a total loss I imagine the person filing the claim would get only a fraction of the KBB.. Has anyone had this unfortunate experience?
I found this interesting tidbit on the Prime insurance FAQ, but it leaves some info out:
[GC] Always remember, you can purchase the salvage rights to your car from the insurance company for pennies on the dollar. Here's the deal, negoiate your best replacement value price, add for sales tax, title and license fees, (these are all values in addition to the vehicle value) and then ask your insurance company what they will take to buy your vehicle back at salvage value. Normally it is only 5%-9% of the replacement value. Try it. You may own your old NSX for a fraction of the original cost. I'm in the business, it can work.