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Insurance on Magnum?

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Old Jul 1, 2004 | 08:35 PM
  #1  
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dansk
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Default Insurance on Magnum?

What do insurance companies think of the RT's, any nasty surprises with what it costs for auto insurance on them?
 
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Old Jul 1, 2004 | 09:31 PM
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Default RE: Insurance on Magnum?

My insurance went up but that is becasue the replacement value increased. I had a 96 Caprice Classic. Worth about 5k and my Magnum MSRP'd at 29995. I also picked up full coverage. Costs me about 500 more a year.
 
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Old Jul 1, 2004 | 10:59 PM
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Default RE: Insurance on Magnum?

I traded in an '02 Escalade for the Magnum. I got book for my Cadillac ($30,000) and the Magnum set me back $31K and change. My insurance (GEICO) went up $33 every 6 months.

Nick
 
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Old Jul 2, 2004 | 02:00 AM
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Default RE: Insurance on Magnum?

Just got my policy from National Grange. Added my 05 RT Hemi to the policy. Full collission/comp/liability. Really shocked me..Only added $472.00 per year to the policy. I had to call to confirm that this is correct and they concurred. I think the fact that it is registered as a truck that is really helps keep the rates down.

Well, i guess there are some good reasons in this world not to be 18 anymore. 35 and young at heart.

Just look at the rubber the HEMI lays down.

-Mel
 
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Old Jul 2, 2004 | 02:26 PM
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Default RE: Insurance on Magnum?

Ours went up $51 / 6mo removing an Escalade and adding the Magnum.
I was suprised by the truck/suv category.
 
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Old Jul 7, 2004 | 06:41 PM
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Default RE: Insurance on Magnum?

Another person ditching the Escalade in favor of the Magnum? I absolutely loved my Escalade but the Magnum is so much more fun to drive. I'll see how I feel come winter...
 
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Old Jul 8, 2004 | 05:41 PM
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Default RE: Insurance on Magnum?

We liked the Escalade also, but our mpg was terrible. The Magnum is slightly better, but waaaaay more fun to drive.
 
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