I am spending $420/mo with full coverage.

And i was reading earlier in another thread that other 19 y/o spending $100-$300/month.

What am i doing wrong? wrong company? I have no accidents on my record and no points on my license.

Do I have to find a new insurance company?

(I am 19 y/o, got my license when I was 17)

 

damn thats bad... my gf use to drive a Nissan Versa and changed to the 07 350z and her insurance was cheaper when she got the Z... dont know why.. and she pays 105 full coverage for the Z (manual) 500 deduct. and Versa 180 (automatic) 500 deduct. for full coverage.. and the fact your 19 could be the case why its so expensive... and my gf is 22 but still a damn good price.. 5 year driving experience vs 2 years.. could make a good difference as well and the city and state..

 

Lots of factors go into underwriting. Have you shopped around to see if you could get better coverage?

 

those 17 year olds are on their parent's plan so it will be cheaper over all. You were in my same situation when i was 19 with the Z. i was paying 480 per month. This was because i haven't had my license for 3 years yet and also having my own policy under my name. The Z itself for me was 24k and still had a loan out for it so it was pretty high. My only advice if you can't pay for it is that you put it under your parent's policy.

 

Age plays a part but so do many other factors. Location, past history, length of driving experience, coverage terms, gender, occupation, etc etc so you just can't directly compare. I'd shop around though and see how other companys stack up.

 

Damn oh well, i will live with it. Thanks for the input.

 

i posted this earlier today, so i will copy and paste it for you :

well its not so much "credit" history as it is a consumer report. But yes they can use that in determining if your risk is eligible. The thing that alot of people forget is the insurance company is taking a risk by insuring you.its not like going to the store and buying an item with a price tag. The car is often the least in determining your cost. The important ones are : age, zip code, driving history, married or single, past claims, coverage. some even use if you have a degree .It sucks but thats why im a broker instead of an agent

 

Sounds good to me. +1

 

the best post I've read on this forum. Thank you. You seriously made my night.

 

ouch

 

^^^lol. Lower your coverage to the legal limit, raise your deductible to 1k, and tell them you drive less than 6k miles per year. That should get you a low premium. If you are on your own policy, you're out of luck. Thats how insurance companies treat anyone under 25 (the biggest companies i.e. allstate, statefarm). Plus you drive a Z. All things to consider.

 

i paying 140/mo, insurance add in Longisland, NY
i drove since when i was 17, and i'm 24 now.
and clean records,

ALLSTATE INSURANCE CO.

p.s they told me i'm in good hands~

 

its all good. i will just stick wat i have.

 

I'm not sure how it works in the states, but in Australia if the car was under my name i'd be paying close to 4000 a year (no accidents, 1 minor fine, 21yrs old) I chucked it under mums name and am around 1800 a year (150/week). Even though my 'rating' doesn't get better as a secondary driver.... but hey do what ever you can to save money on insurance I say.

 

Allstate is great. I was paying a lot of green to be insured and I'm 24. I decided to add myself with my mother. My insurance broker is great. She suggested I'd buy a cheap old working car, so I did. She added me as the driver of that vehicle. So basically my mother is the main driver of my 2007 Z, and I bought her a 2008 volvo, she's also the driver of that because she's a more experienced driver. I pay 215 bucks monthly to insure all three cars with a 300 deductible. I can drive all three cars and am fully insured, my name's on the insurance cards as well.

 

Oh, I forgot to mention, if you rent, add renters insurance which is like 25 bucks a month, protects all your ****, and it reduces your car insurance policy by 10%. I sound like an insurance broker now lol, but I guess it's good knowing these things. Hopefully it helps someone out there find a good broker like I think I have.

 

yeah, i have to say that your age plays the biggest factor at this time.

 

i pay $220 living in south florida, insurance raised as soon as i changed my address by $300/6 months. I have an accident on my record this year, (police) said it was my fault, rear end hit. high deductable, but some big numbers on my coverage. Scared of hitting the expensive cars around here.

I had to rent a car the other day and they pulled out a chart showing how big of a dent they will accept the vehicle returned with. Said they just rolled out the policy because of how many were returned that way...area you know.. crazy people

 

im doing 165/ a month & im 18 07z u needa change ur insurance company

 

WTF am I doing wrong...