Hot Rod Insurance part deux... PLEASE READ!!!

[GDawg]

Okay guys,

I don't want to highjack the other "Insurance" thread so here's my thread.

I'm having a hard time finding Software Developer jobs in my home town. I don't want to move. As a result I commute 150 miles a day and I hate it and my job.

I've been toying with the idea of selling car insurance for Farmer's cause they are very open to new talent. I can't be a sleeze bag insurance guy but I believe insurance is necessary. I've had to use it and I'm glad I had it.

But here's the thing. If I do this I would advertise mostly to the guys like us that drive these kind of cars. I would want to give the fairest deal possible while making a living at it. I'd be fair but don't really know what I'm in for as I would have to follow the company's guidelines.

Tell me your opinions of the different companies and why you like or dislike them. Please do me a favor as a fellow ponyboy, state your opinion, your age, your payment and your company. I have had USAA for 25 years and like them. But Farmer's may be my first company to try this with. Let me know if it sounds like a good idea or not.

Thanks bros (and girls).

 

[68torinogt]

i would like stated value insurace for my stang that i can drive my car everyday with if i want too. and i like the insurance on my torino where it is only 180 a year but i know you cant do that on a dd so i think it is a little more reasonable to upp it higher then that but i hate paying insurance on a car that i will get nothing for if something happens to it .

 

[Crzyhrse]

I'm 40, pay $390 full coverage every 6 months on my '04 Mach, and $330 full coverage every 6 months on my '05 Focus with State Farm. I've been with them over 10 years and went with them strictly for the cheapest price I could find for the Mustangs I've owned. But when I was in a couple accidents that were'nt my fault, they did a great job of getting my claim filed and my vehicle fixed pretty quick. No stalling or anything. I would switch to another company in a heartbeat if I found a cheaper rate. No insurance loyalty for me. Show me the savings!!

 

[GDawg]

I'm 40, pay $390 full coverage every 6 months on my '04 Mach, and $330 full coverage every 6 months on my '05 Focus with State Farm. I've been with them over 10 years and went with them strictly for the cheapest price I could find for the Mustangs I've owned. But when I was in a couple accidents that were'nt my fault, they did a great job of getting my claim filed and my vehicle fixed pretty quick. No stalling or anything. I would switch to another company in a heartbeat if I found a cheaper rate. No insurance loyalty for me. Show me the savings!!

Thanks for that input. That's a positive note. If they are there and aren't jerks that's a plus. I'd go cheaper too but to have an agent that is in tune would be a plus. I dealt with others that promised but didn't deliver. This is what I want to know.

More please...

 

[DropTopPony]

33 and pay @ 3k a year for 96GT/04Lexus SC430/05Chevy Malibu/94 Aerostar...all full coverage. Not bad considering i live in NJ (highest auto insurance in USA and i have high coverage amounts) oh i have Allstate. There really isn't much in the way of custom service from the big companies since you just input the info and the computer tells you what to charge.

 

[bluextc]

Metlife Auto on a group plan discount policy (through my employer). $724 every 6 months for full coverage on my car (I'm 38) and $882 every 6 months on the husband's 06 GT (he's 36). I would switch companies and even be willing to pay a little more for coverage that would cover upgrades/mods in writing on the policy. Oh, those rates are for no violations/accidents on our records.

 

[68torinogt]

3k a year doesnt even get me started on my truck

 

[myponyrocks]

27 and pay 280 a month EVERY month... no accidents, no tickets... just a single dovirced male

 

[ADRENLN]

yea im looking for a company to cover my mods for a little extra money per year.

 

[triggz]

IMO, those insurance companies look like scam jobs. You can post a blank resume on careerbuilder and theyll send you something like 'oh we saw your resume, you look like a very good candidate'. I get tons of them from different insurance companies..

I even went to one of them and went through their process. When I left, they had given me a booklet that I had to fill with 100 names of friends and family to call and solicit insurance sales to.

After you run out of names, you're **** out of luck and its up to you to keep finding people to buy. By then, youre known to everyone as the insurance guy lookin for a sale.

 

[GDawg]

IMO, those insurance companies look like scam jobs. You can post a blank resume on careerbuilder and theyll send you something like 'oh we saw your resume, you look like a very good candidate'. I get tons of them from different insurance companies..

I even went to one of them and went through their process. When I left, they had given me a booklet that I had to fill with 100 names of friends and family to call and solicit insurance sales to.

After you run out of names, you're **** out of luck and its up to you to keep finding people to buy. By then, youre known to everyone as the insurance guy lookin for a sale.

Yes, that may be what I'm in for. But they are saying they'll help you with leads up front and give you a base pay. I figure I would put an ad in the yellow pages more designed for car guys like us. Advertising works. I know sales is hard but people need insurance and if I could offer insurance that includes mods (I have close to $9000 of mods not including labor in my car) that would be a good thing. I know I would have to be honest about what they will and will not cover but at least I would be a hot rod friendly agent.

btw... can I ask, was it Farmer's that you went to their seminar? This it the type of info I am looking for. Thanks bro!

 

[DerekStangGT]

im currently in the market for some new insurance. mine blows. please let me know if you decide to take the job, b/c i would be very interested in giving you my business b/c theres already trust there. anyway, here are my stats:

20
male
$1,000 deductable
bare bones as far as medical/property damage coverage
parent's plan (looking to get on my own)
5 speeding tickets in the past 3 years
$175/month or $1,050/6 months

im pretty close to switching to geico right now since i found the exact same coverage, with a $250 deductable, for $3 more per month.

 

[DropTopPony]

yea im looking for a company to cover my mods for a little extra money per year.

try this place...they have an office in cherry hill.
http://www.americanhobbyist.com/index.htm