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Insurance [Merged 10-6]

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hey just a quick question, any people from new jersey with later model 2g's, im just wondring what you guys are paying if you have colission also, trying to find out what my montly payments would be around with collision added in...any help would be appriciated..thank you
 
I'm 25 with a few insurance points (I think)... ~$100 a/mo. We used to be Prudential, whomever took over is what we kept.
 
I'm 19 years old and I got two racing tickets in 03 (before i was 18). I'm looking at getting a new car and finally found one I like, however the insurance is insane. I'm looking at a 1998 Contour SVT and i've got the loan taken care of etc. to buy it. But everywhere I look insurance is insane (4 payments of $500 for 6 months + $450 downpayment on the svt). Anybody have any advice on what I can do? I figured a 4 door would be good but the insurance is coming out high on even a 4 door accord (www.progressive.com). What kind of cars are good with insurance etc? I've been looking at the contour svt's, v6 5 spd 95+ maximas, chevy s10's, ek4 hatches and infiniti g20's. I work full time and go to school, but the thing is I dont want to drop 1/2 my $ literally on insurance and car payment. I will probably get flamed but i dont mind as long as there is some advice thrown in there, i really am looking for help.

Should I just get a beater and save up to buy a car cash and just get liability, just accept the fact i'm a kid and just wait till the tickets are off my records or are there any loopholes out there?

thnx in advance.
 
xxrealmsxx said:
Should I just get a beater and save up to buy a car cash and just get liability, just accept the fact i'm a kid and just wait till the tickets are off my records
Click to expand...




you got it.


the only deal you are going to get is if you have everything in your parents name and can be listed on their policy. 19 on your own with a perfect record would still be more than its worth for a new car, with 2 serious violations like speed contests you are just ####ed. sorry man. keep your grades above 3.0 and that is a huge discount, just rock a liability only older car and spend your money on things that matter. like beer and girls :D

im an agent with a large insurance company, and i can tell you now that everything you know about insuring cars is myth. 2 doors vs 4 doors, paint color, engine size dont have nearly as much impact on the vehicles rating as its statistical likelyhood to be involved in an accident does. best example of this, it would probably be less expensive for you to insure a corvette than it would an srt4.. the reason being, srt4's are bought by kids that dont know how to drive, and they get wrecked a lot. statistically 1 in 4 will have a claim (just a generic example, those numbers are made up) put that next to a new corvette, and even though the car is worth twice as much, its main buyer is a middle aged man that knows how to drive and doesnt street race. 1 in 20 will be involved in a claim. statistically the neon is has a greater likelyhood of costing the insurance company money, so its rate is higher. basically, if its fast and you can afford it, the insurance will kill you. not to say its cheap to insure a corvette at your age, but you get the idea.

get a liability only 1g, or better yet a turbo dodge.. most tds are rated extremely low, 1g dsms are still midrange and even liability will cost you.

i have a 12 second turbo 2.2 car, and i pay 350 every 6 months with a not so clean record because its a dodge omni. insurance doesnt care about it.

either go on your parents policy or waste way too much money is basically the 2 options you have if you want a new car

generally american cars are less expensive to insure than foreign cars are. saturns are the cheapest you can get as far as new car insurance goes
 
Get a beater. You have two things working against you:

1. You're 19 and in their eyes, you're an inexperienced driver.
2. You've got two tickets and in their eyes, you're a bad driver.

Depending on state laws, those tickets will remain on your record anywhere from 3 to 5 years, so that's a slammy. Generally, insurance rates don't decrease until you're 22-23 so that's another slammy.

No matter what car you drive, they're going to slam you. Get a beater, get liability, which you'll still be paying out the ass for, and keep your record squeaky clean.
 
ok, im 17 and i got a wrongfully acused hit and run charge so my insurance went through the roof when my license was suspended. i got a beater and my eclipse, only insured the berter and it was like 1200 every 6 months. that was with progressive. i switched to all state and it went to 1000 every 6 months. but i found this local insurance place and they only charge me 700 a year :) buy a beater and find a local insurance company to back you up
 
Yup

Buy a beater. If you dont care wait type of service you get from your insurace company then find the cheapest local place you can find.
 
saw wave analog said:
you got it.


the only deal you are going to get is if you have everything in your parents name and can be listed on their policy. 19 on your own with a perfect record would still be more than its worth for a new car, with 2 serious violations like speed contests you are just ####ed. sorry man. keep your grades above 3.0 and that is a huge discount, just rock a liability only older car and spend your money on things that matter. like beer and girls :D

im an agent with a large insurance company, and i can tell you now that everything you know about insuring cars is myth. 2 doors vs 4 doors, paint color, engine size dont have nearly as much impact on the vehicles rating as its statistical likelyhood to be involved in an accident does. best example of this, it would probably be less expensive for you to insure a corvette than it would an srt4.. the reason being, srt4's are bought by kids that dont know how to drive, and they get wrecked a lot. statistically 1 in 4 will have a claim (just a generic example, those numbers are made up) put that next to a new corvette, and even though the car is worth twice as much, its main buyer is a middle aged man that knows how to drive and doesnt street race. 1 in 20 will be involved in a claim. statistically the neon is has a greater likelyhood of costing the insurance company money, so its rate is higher. basically, if its fast and you can afford it, the insurance will kill you. not to say its cheap to insure a corvette at your age, but you get the idea.

get a liability only 1g, or better yet a turbo dodge.. most tds are rated extremely low, 1g dsms are still midrange and even liability will cost you.

i have a 12 second turbo 2.2 car, and i pay 350 every 6 months with a not so clean record because its a dodge omni. insurance doesnt care about it.

either go on your parents policy or waste way too much money is basically the 2 options you have if you want a new car

generally american cars are less expensive to insure than foreign cars are. saturns are the cheapest you can get as far as new car insurance goes
Click to expand...

I'm getting my own insurance policy, sucks but I have to. What you says make sense though the cheapest things i've found are the 1st gen miatas and saturn sc2's. I think i'm just going to shoot for the SC2 because they are plenty around with low mileage and hold off for another year till my record clears. I need to finance the car so I can't get liability just yet but it's a start to just get the car and pay it off and just get my mind out of the whole car thing for a while.

Thanks for the help guys.
 
I'd suggest going to an insurance broker. They will shop around with your information and vehicle type and find you a good quote. I pay 128 a month liability on my 1g with a 5 point ticket and an accident in the past 2 yrs with progressive.
 
Please don't go to Progressive... They like to rip people off. They gave me an outrageous quote and called other insurance companies who gave me half the price from progressive. I don't have any tickets, never been stopped or anything like that. Go with another company, as long as it isn't progressive. Have you tried calling other insurance companies? If you shop around you could probably get a good deal. Hopefully you can get yourself a decent car that you can afford to insure! Good Luck! :thumb:
 
try going to geico. they offer a good student discount which brought down my insurance a lot over the quote i got from progressive.

i know that ford trucks and suv's tend to have cheaper insurance for some reason. my dad was going to get a blazer a couple years ago but got an exploder instead because insurance was a couple hundred bucks cheaper every 6 months.

anything svt, infiniti, acura, is going to have high insurance. hondas have high insurance because of the theft rate.
 
no large company sucks, if their rate for you is higher than another company its not because they are out to get you, its because of their rating guideline and experience in your area, for me progressive is much cheaper than anything else ive found, not to mention they handled my recent claim awesomely. i got 850$ out of a total loss on my car because someone bent my bumper. they let me keep the car with a clean title and all and im driving it every day still. a junkyard bumper is all it needs to be as good as it was before the guy hit me.

you cant compare rates with people in other areas, other ages, other sexes, other types of coverages, other records... there are hundreds of variables that go into your rate, and the way they are determined is slightly different from company to company. its your job to find the one that works best for you in the situation you are in.
 
ive quoted insurance for my area in cali since i just moved here and its outrageous. I would have to pay almost double what i used to pay for almost maximum coverage in every catergory. its like $325 a month for 98 gst :thumbdown: and i used to pay under $200 a month for waaaaaaaaaaaaaaaaay higher coverage...where do you guys get ur insurance from?
 
thats because you probably moved from a low crime, low population density area relative to where you are now. you are more likely to be in an accident in nyc than you are in the middle of wyoming, your rate will reflect that. sorry to say but its going to be the same with any company you go with. im an agent, ive seen changes of 2000$+ from a move across town. statistically you ar emuch more likely to have your vehicle damaged living where you do now, the rate must account for that.
 
i am wondering, if i move to another state and get a drivers license for that state, does my driving record travel with me. From what I have heard, all states have different systems and they cannot see each others records.
My problem is that the insurance was cancelled on my car about 2 years ago and I never turned in the tags cause i was careless and never thought about it. My car died then though. So now when i goto MVA here in MARYLAND, they say i have an insurance voilation and cannot register a car till i pay them $4500!!! for insurance voilation.. I am wondering If i move to another state and get a license there, will that get rid of the problem?

im not sure if i made myself clear, please ask if im not clear.
thanks.
 
Most of the states now have reciprocity agreements. Maryland will tell on you.

Hell, they make money off this crap.

Call a lawyer for a consultation, see if there's some kind of deal or workaround.
 
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