I am now with ING insurance coverage for my 95TsiAWD. Rate is $121/month. That includes a discount for clean driving record, multiple line(house/car), and married , 29yrs old, with no drivers training.

Liability Deductible $1000
Collision deductible $500
Comprehensive deductible $300

Interesting note at bottom of the policy reads:
"Modified or customized includes changes, other than repairs or restorations that affect the original manufacturer's design specifications or increase the value of the automobile. These may include, but are not limited to: engine mods, paint changes, non-factory installed wheels, tires and electronic accesories and equipment etc." "there is a 1500 limit on non-factory installed electronic accessories and equipment."

I"m with Belair, which I believe has ties to ING.

I have the same stuff as you but I'm 24, 3 tickets, lots of modifications, lots of commuting and I pay $185/mnth

I think that's a great rate compared to some of the crap you guys are getting through brokers. I refuse to use a broker. Why pay the middle man when you can go right to the source?

Odd... Every company I've gotten a quote from directly (including Belair) has always been significantly higher than what I'm paying right now through a broker.

That price is through my Broker as well.

Wow, that's a great price.

I also just recently was informed that the rate on a 97 turbo will be considerably higher than on a 95-96 turbo.

Well, I thought I was paying too much, but compare to other, it's not too bad, I'm paying 56.25$/month right now, and I'm 26, with 2 speeding tickets. I only have comprehensive(100$ deductible) doh. I'm with Meloche Monnex(Electrical Engineer).

So basically because I have a few mods, rims and tires (non OEM), stereo and alarm....the insurance company wouldn't cover me if I made a claim?

i have a 92, n/a talon, pay 293$ a month through allianz ( for government and public service employees and there family) I am 20 years old, no record or tickets, and its covered for 1500$ worth of theft. Thats an alright rate for someone my age i believe but still high!

They won't cover you above the value of the car in stock form plus a certain amount of mods ($1500 in Ali's case).

You still get a return on your claim, however most of your mod money goes down the drain...

Adam...i was paying 206 a month for comprehensive but no collison for my 93 NT. thats with my G2 license, young drivers and no tickets. Your paying too much IMO.

I pay <$100 per month. $50 deductible on everything, no limit on coverage.

Anyone know of an insurance company that will cover most value on a car? Say you have a 91 TSI AWD worth say 3000 stock. If you have bills and upraisal at say 15 000 will you be covered? Is there such company out there?

Rob, Thanks I figured as much. I was more worried they would cease to insure your car if a claim was made and therefore an agent determined the cost of the claim (finding non-OEM parts). Or worse a claim was made and your car found to be modified, therefore the insurance company leaves you to deal with bills, etc.

Ontario needs to change over its insurance to a public type of insurance. Saw it on the news last night, Quebec, Manitoba, Sask, and BC all have pubilc insurance which means low rates. I still insure my car in Quebec and pay $1200/yr, same coverage in Ontario is over $3000/yr! BS I tell you.

I agree but I don't see the government putting all those insurance agents, companies out of business...I figure they have politicians in their back pockets along with all our cash.

Oh the insurance companies would still be in business I would think, its just the way the system works is different, they would just have to adampt to a new system.

Jeph what was the company you were with, because if i can save 93$ then i have that much extra for beer. lol. Also did you have theft coverage?? I have a decent stereo system that I like to have covered so.. anyways I'll probabky talk to you on msn l8r

I guess I shouldnt compalin about mine. I have 2 turbo talons and a 91 civic which are insured all summer, for me and my girlfriend to drive all three is just over 200 bucks a month without collision, not bad I guess. Just renewed it a few days ago.

Adam, i'm 22, and have one speeding ticket and i'm currently covered with BelAir Direct, they have a website but you'd probalby have to call for a quote........ my insurance is costing me $167.94 a month for my 94 TSI AWD.......I'd check them out, found that they always have lower rates for younger drivers

I dont know about BellAir direct. They have a knack for increasing rates after a "cheap" first year.

My rates went up from $98/mth to 166/mth for the galant for no reason (oh well...if 9/11 was reason enough so they say)...that was fucked up so I switched to another company and got it back down to $105/mth.

I've had good sucess with BelAir Direct. I got a letter in the mail saying my rates were going up, but when the transaction went through I noticed they were actually less.

i still live with my parents and at 19 for basic insurance under moms name my laser Rs turbo is $125 a month. oh and i have 6 points on my liscence DOH!

MY car is under my dad's name along with my winter beater, and I am 23. My rate is 106 a month for a 97 Tsi with everything covered and a 300 dec. I have 8 points on my license and this hasn't really affected there insurance that much. State Farm seems to be kind to those that insure everything under them. I have had 3 claims in the last 4 years.
I don't know what the deal is but i like it.
State Farm has always handled my claims quick and easy as well.

Just my .02 cents.....

Wow, my insurance went down, i was shocked! down 20% to $86/mth.

Mine did too, Ryan! $86/month here, in Mississauga on a '92 tsi fwd.

25 y/o and all my tickets are gone off my record now.

but I'm insured in Quebec still, its still like $250/mth if insured in Ontario. 2 more years and I'll hit the wonderfull insurance age of 25!!!

For Thomas Toth,

Llyods (yes 2 l's) of London will insure anything,(Betty Grables legs and Bogarts pet tarantula to name a few), but I doubt you would like their rates and they are currently being sued by their 'names'. The red, blue and black book values do not take into account any mods so I think you are out of luck with regular insurers unless you pay for specific riders. I have riders for my mechanics tools and for the artwork in my house and pay a premium for them above the basic rate for a policy.

However, a thought occurred which will require a bit of phone work. Contact the CNE and the Airport Centre and ask about the car shows they put on. Find out who underwrites the shows and if they are willing to give you a list of exhibitors. If so track down the exhibitors with modified cars, call and politely ask how they insure their cars for more than book value.

Another idea, email a Canadian car magazine and ask how do I insure a car for more than it's book value or send the same question to the 'I help' guys in the consumers section of the local papers. There is also that Canadian TV show Motoring 2003. No idea how to contact them. Use the net.

Just some ideas that require a bit of time and research but it may give you the coverage you want.

I'm restoring vintage, not ricer nor racer so I can't help much further. 91 TSi FWD 160K about to be stored yet again due to the upcoming weather.

Good luck and let the rest of us know if you find any underwriter willing to go past the book value. Thanks.

Ali,

I'll look at what I pay tomorrow and post again with a breakdown. I do know I have 3 million liability. If you ran someone over who earns six figures you will be sued for potential lost income to their age of legal retirement 65. I believe the legal low limit for coverage is 500K. Hence some of the the discrepancies in price in the other posts. If you want to risk your wages being garnisheed forever and believe in luck go for the cheaper coverage.

Cheers Tony