I have to say that my insurance is quite high considering how little I drive my K900. I have AAA and annual insurance cost was a huge jump up from $677 for my 2014 Kia Soul ! to $1116 for my 2016 Kia K900 V8 Luxury w/VIP pkg, which includes a multitude of discounts including Anti-theft deterrent, two or more cars discount, passive restraint discount, verified mileage discount, AAA OnBoard activation discount, garaging discount, longevity/renewal discount and group affinitty discount (joining Sam's club gave me an additional 10% off). I am retired, a very low mileage driver (I have put 1100 miles on the car since I bought it last December (2018)).
BUT seeing this article has me thinking as much as I love this car, I could be buying a new 65 inch tv every year just to pay for the insurance to drive it. $34k to repair the front end in the event of an accident is more than I paid for my car! It would instantly be totaled and I would be at the mercy of the insurance company.
I had two low mileage vehicles before I bought the K900, a 2012 Nissan Quest SL ($577 to insure annually), and a very nicely equipped Kia Soul ! (with the works w/7500 miles) cost $677 annually. $1254 total. Thats only $138 more than it costs to insure the K900 alone!
Of course I am totally ruined for anything else by the luxury, safety equipment, comfort and luxury of my K900. But I am going to think long and hard about this over the weekend. Is it worth it to pay so much for insurance if in the end I get a dented fender and the car is totaled?