Am I Getting Ripped Off? Suggest Changes or Switching From Geico

[mmtb34]

I drive a 2022 Mazda CX5 leased in NYC. I have my girlfriend listed on the policy as well. I'm 31 with a clean history and she's an additional driver that's 29 with a clean history as well. I pay $1,083.90 every six months.

Policy Details:

Bodily Injury Liability - $300,000/$300,000 Spousal

Property Damage Liability - $100,000

Uninsured Motorist Bodily Injury/Supplementary Uninsured Motorist - $300,000/$300,000

Basic Personal Injury Protection

Basic Non-Deductible

Comprehensive (Excluding Collision) - $500 Ded. With Full Glass

Collision - $500 Ded.

Emergency Road Service

Mechanical Breakdown Insurance - $250 Ded.

Rental Reimbursement - $50/Day, $1,500Max

Discounts:

5 Year Good Driver - $142.10

Anti-Lock Brakes - $60.60

Passive Restraint - $58.00

Daytime Running Lights - $8.10

Anti-Theft Device - $7.90

 

[former32%C2%B0mason]

@mmtb34 That sounds like a very reasonable premium for 2 drivers in a newer car in NYC, but there are many variables that go into your rate. The only way to know if you are getting a good deal is to shop around.

 

[srg]

@mmtb34 Ripped off? Ummm, no. That’s a pretty darn good price to me.

 

[a43]

@mmtb34 Seems like a reasonable price, you have a new car warranty coverage on there as well.

 

[suzyann]

@mmtb34 If you can afford a higher deductible, $1000 or higher, raising it may lower your collision and comprehensive premiums.