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Insurance for Shelby GT

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Old 05-24-2008, 01:46 PM
  #11  
Vista Blue GT
 
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Default RE: Insurance for Shelby GT

ORIGINAL: namdliw

.....with State Farm..but when I called the insurance company they told me I need to tell them of any mod's I do if I want them to replace them in a claim...also
If YOU make mods to the car then that might be true. However, the mods that Shelby does makes the car "Shelby" stock andthat is what you bought and received temporary title on. So if an accident occurs they have to rebuild the car as it was at the time you bought it minus any wear and tear you caused while it was in your possession before the accident.

You still may geta fight on this when you make a claim buy I would then just turn it over to a lawyer.
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Old 05-24-2008, 03:13 PM
  #12  
cheftjpeck
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Default RE: Insurance for Shelby GT

switching from my 05 gt to my 08 gt500 with Geico my insurance only went up $20 per month...$465 per 6 months for 05 gt $577 for GT500...as far as gap insurance: I agree and disagree.....gap insurance is great IF you did not put a large enough downpayment (Usually anything less than 10%) or if you are stretching your loan over a longer period of time with a higher interest rate....I did not have GAP on my 05 gt and will not on my GT500...then again..I also had 30% down payment on both of them....my 2 cents
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Old 05-24-2008, 07:31 PM
  #13  
2cokeman
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Default RE: Insurance for Shelby GT

The insurance is $430.00 less per year than my 07GT WAS!! WOW I was shocked!!!
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Old 05-24-2008, 10:19 PM
  #14  
SoulBurn18
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Default RE: Insurance for Shelby GT

My insurance went down about $120 a year. Nothing substantial, but it's something.
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Old 06-03-2008, 08:30 PM
  #15  
TimeForPain
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Default RE: Insurance for Shelby GT

i know this is late but since there are not to many new threads i figured i throw my insurance in here too, my monthly bill for insurance was 130 bucks every month with my 07 mustang gt, i traded in and got a 2008 gt500 and called today to insure the car.....thinking the worse.... i ask the damage i done, they tell me... well sir, your insurance just went up a whooping 6 buck......[sm=bounceybounce.gif] i didnt ask any questions besides making sure all my coverage is the same, but omg was i shocked, i was expecting over a grand increase.... im 25 btw.
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Old 07-23-2008, 05:29 PM
  #16  
07SGT5437
 
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Default RE: Insurance for Shelby GT

I've got a Shelby GT and my insurance is $615 for 6 months. Not bad for LA, CA. I was suprised of how low it was. I'm 27 also with a clean driving record.
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Old 07-23-2008, 06:12 PM
  #17  
nite
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Default RE: Insurance for Shelby GT

The insurance company'stakea number of factors into accountwhenthey give you a quote (much more than just your age). They go by demographics as well, andlet's face it,the Shelby owner demographic ismade up of a more "mature" persuasion.That right there = lower insurance rates (much like corvettes), simply because the majority ofthese cars arenot receiving a ton of moving violations,nor gettingwrecked. GT quotes are higher, becausethe majority of GT owners are young people.
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Old 07-23-2008, 09:02 PM
  #18  
A_Drunken_Llama
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Default RE: Insurance for Shelby GT

I've had my 07 V6 for a while now.... and it wasn't too expensive to insure... and then my dad bought a Shelby GT500 and insured me on it as well so I can drive it when I want....what I remember is that the insurance barely went up....we have Geico
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