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Insurance question; Accord vs. Miata of 1990

Discussion in 'Members' Lounge' started by K2e2vin, Sep 15, 2006.

  1. K2e2vin

    K2e2vin Senior Member

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    Thinking about getting a 1990-1993 Miata, does anyone know about how much my rates would go up? I pay about $125 liability+medical/6month for my 1990 Accord coupe right now.
     
  2. TurboMirage

    TurboMirage YEEAAAHHH VIP

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    the miata will be more since its a roadster and rwd.
     
  3. Capt. Orygun

    Capt. Orygun Win the Day

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    actually there are several factors (I'm a licenced insurance agent here in Oregon :)

    insurance premium is calculated through symbols. a symbol is a numerical value from one to... well I dunno but I've seen as high as 35. These symbols are based off of theft rates, how much car parts cost for that vehicle, how much damage the vehicle is capable of to others, etc...

    for every coverage you have (BI liability, PD liability, UMPD, UM, COMP, COLL, PIP [or maybe med pay depending on the state] there is a symbol based off of the vehicle)

    a civic may look like this

    BI: 8
    PD: 7
    and so on

    those numbers translate into premium which is mathematically offset lower or higher using a formula with variables found in your driving history, the amount paid out in your prior claims, your age, and sometimes even gender and credit score. Hell you even catch a break if you're married or have kids... but I digress...

    that being said you have to look at the vehicle, Hyundai parts cost more then honda parts. a 4X4 1 ton will do much higher damage then your average civic.

    you have to assume that a much higher amount of personal injury during a collision is capable in a convertible, BUT, the Accord is famous for being the most often stolen car in America.

    I would expect a slight increase, nothing crazy unless your record sucks...
     
  4. smarty009

    smarty009 Senior Member

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    dont get the miata...dont do it...its a girl car...lol...
     
  5. K2e2vin

    K2e2vin Senior Member

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    Alot of people say that, but than again you can say that about Civics and CRX's. "Little car, puny engine, c'mon!"

    I like it not because of looks, but because its a great RR platform; RWD, lightweight, etc.
     
    Last edited: Sep 16, 2006
  6. BodyDroppedNikes

    BodyDroppedNikes ...PENDEJO.... VIP

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    caught in a mosh...
    call your insurance agent up and get a quote from them. i did that on a car i was looking at getting yesterday...
     
  7. pissedoffsol

    pissedoffsol RETIRED

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    go see a spec miata race and say that.....

    that said, my STi was only 70 bucks more than my hatch was to insure /6 mo's. and now the m3 added 109 /6 mos' over the sti.
     
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