December 04, 2005

கார் வாங்கியாச்சு..ஆனால் இந்த எழை இந்தியனால் கார் இன்சுரன்ஸ் கட்டுவதற்குள் தலை சுற்றுகிறது !!

Here are the estimated rate quotes for basic comprehensive coverage that i got from insurance providers. The factors considered while assessing the quotes :

1. Period of Driving
2. The City i live in
3. "Age" of the car

Approx. quotes here for a 6 month period ! I would have called about more than 1o agencies for "best" rates..But sob sob me :-(

Geic0 = $ 3200
Pr0gressive =$ 3000
AIG = $2200
State farm ,All state , lottu losuku =$1900

The insurance rates are almost double the price of the "used" car !!

Imagine if i had got a new car in this city ?! I'd be paying the insurance thru my nose :-(!

True that comforts comes with a cost !!
Uh!I was better off with a $76 unlimited rides metrocard !!


Narayanan Venkitu said...

Sad to read about he hight insurance rates in NY.!!

I am actually very surprised.!! about these rates.!

arzan said...

I feel your pain. I live in Brooklyn, and the rates are insane.

I register my car at my office address in Manhattan and even then the basic insurance is 1500$ a year.

And i bouught my car for the same price.

There is something so screwed up about the insurance, that its not even funny.

I would suggest you try some of the smaller agencies, or get hold of an insurance agent who will find you smaller companies that are cheaper.

Email me offline arzan at arzan dot org and I will send you some names....will loo for them.


Lumbergh-in-training said...

the insurance rates increase with age of car, so for a new car, you would be paying less.

Prabu Karthik said...

kavalaya vidunga. insure pannadeenga, 6 months ku oru car vangunga . ellam onnu dhaaney? heck 6 months kalichu car ai oru rate ku vikkalam.

we get zilch for paying insurance which is the price of car.

tt_giant said...

wow.. and i thought i was paying a lot in Florida.

i feel for you man..

try looking for smaller insurance companies. i am sure there would be dozens of them.

Nirek said...

This is new view on owning cars in USA. I never heard anybody fussing abt this before...

kalai said...

i had an old car before...AAA la kevlamana quote u said, andha kaasa vachu 2 used cars nan vangalam!! but they said its their way of telling..."go somewhere else for insurance..we cant give u"!

arzan said...


I dont agree with that. I have never heard that one before. And anyways most companies dont insure comprehensive for cars over 10 years, so its only liability.

Ganesh said...

when metro was there, any special need for car Prabu ?
bayangarama iruke insurance rates

Adaengappa !! said...

@Narayanan Sir..
Initial rates konjam adhigam inge..But it comes down if i have no incidents !!
Hoping to drive safely ever!!

Adaengappa !! said...

@Mr.ArZan :
Thanks for your email/suggestions .I'll contact the person that you've mentioned !
Thanks a lot !!

Adaengappa !! said...

@Manoj :
Newer the cars..Higher the premiums..

Enada concept unudayathu ??enge irunthu itha pudichey ?

Mr.Arzan has given a good explanation for your comment!! Gotcha ??

Adaengappa !! said...

@PK..its illegal not to have a insurance and drive around..and car value just drops every day..

Need to do lots of research b4 u get a car here !!

Adaengappa !! said...

@TT..:-)Big apple-na summava ??

Adaengappa !! said...

@Satheesh :
Oh yeah !! Big apple-na summava ??

Adaengappa !! said...

@Kalai :
I understand what you meant :-)
Ridiculous rates..needs to shop around for "best" quotes !!
for sure!!

Adaengappa !! said...

@Mr.Arzan, Thanks for your comment !!

Adaengappa !! said...

@Ganesh :
Yeah...I need car for my work now !
Saves me from waiting for buses/trains during this horrible winters..I had enuf during previous winters !!

WA said...

76 Dollars for unlimited travel on the subway sounds too good, especially when you are used to the London prices. Wouldn't parking be a nightmare too in NY?

Adaengappa !! said...

@WA :
Yeah..thats very considerable rate for a public transportation here!!

Parking: Dont ask me that !!
I reach home from work in about 30 mins ,and make rounds around my apt comples/streets for next 30 mins to find a lot !

My apt mgmt ,rightnow has waitlisted me for lot in the apt complex parking lot..
They promised me earlier that i'd get a place..hence i went ahead and got a car,but this is the story now !!
FYI :open parking in my apt :$120/m
Garage :$200/mth
-D0nald TRump estates na summava ?

Lumbergh-in-training said...

You can avoid insurance by this method

Adaengappa !! said...

@Manoj :-(
Not a viable idea !! LOL !!

Raju said...

I was about to suggest AAA but after reading Kalai's comment, ?????

I paid about 450$ for my first 6 months despite being a 'fresh driver' without a driving license.

Adaengappa !! said...

Im paying around $420 with AIG every month..thats the reason am looking for better bets elsewhere !!

Chakra Sampath said...

Prabhu... I too bought a car recently... did lot of research on insurance and managed to find a reasonably priced one. :))

but i have a different polambal though..

car vangiyaachu.. aana innum licence vangala.

Me too said...

And I thought Insurance rates were high here in MA!! MA drivers are so (in)famous that a lot of lobbying is going on now to save the good drivers from paying more.

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