Where can i obtain cheap auto insurance for an 18 year frail student near a 2000 mustang?
Well this may sound like a long shot, but I lately recently bought my son a 2000 Ford Mustang, Now its insurance time, hes 18, gets A's within school and has have drivers ed. Why do the quotes from Progressive and esurance estimate its going to cost nearly $500 a month, even with a 1990 honda junker it still cost nearly $400 do these prices seem restrained, i cant recall them being that high-ranking, when i first got insurance, thanks.
Answers:
if he is living at home can you put him on your policy (the premium takes ascendancy of your experience) - it will be extremely high for an 18 year old to own a stand alone policy regardless of vehicle -- will the car need comp (other than collission) and/or collission coverage or newly liability - these factors add or subtract from the premium - the amount of deductibles - the constrain of liabilty do you want for the mustang - the state minimum requirements or somewhere between the state and the highest levels
Sports car, 18 year old -- nope, at hand is no cheap insurance.
If you are looking to put him on his own policy, many insurance companies won't take him at adjectives. You're best bet is to add him to your insurance policy. But it still won't be cheap.
Look at State Farm and other insurers who extend a "good student" discount. One strike against you on the premium is the fact that you bought a Mustang. This is considered a sports sports car in vehicle ratings (IRG) and add to that an 18 year antediluvian single male and it causes actuaries everywhere to shudder. Those are adjectives high risk elements when figuring a premium. However, if he's surrounded by your household and you have multiple policies with like peas in a pod company and he's got the grades AND you have a well brought-up claim history with no accidents, that will donate you the best rate. If he didn't have a car that have to carry collision coverage, it would be a lot cheaper but what's done is done. No event the cost, be sure he has at least $100,000/$300,000 liability margins. Source(s): Auto injury claim rep for 23 years
Shop around and get quotes from different insurance companies. The DMV offers great resources for affordable insurance. Since your 18 years weak with a mustang, theres no such thing as cheap insurance and because of your age and style of motor. Expect expensive insurance. It might be less expensive if yu were driving a sedan, a coup¨¦ with four doors.
The terms "18 year old" and "cheap auto insurance" NEVER travel together.
You also purchased a 'performance' vehicle for your son. Expect to pay a lot for the insurance. Those rates will budge up with the first accident or ticket.
Let your son know adjectives of this.
Try AAA and Safeco. They are the with the sole purpose companies I have seen that bestow kids a good break unless you are willing to insure it underneath you. Farmers has the good student discount if he is surrounded by your household and under your policy. Source(s): Agent
Related Questions:
Answers:
if he is living at home can you put him on your policy (the premium takes ascendancy of your experience) - it will be extremely high for an 18 year old to own a stand alone policy regardless of vehicle -- will the car need comp (other than collission) and/or collission coverage or newly liability - these factors add or subtract from the premium - the amount of deductibles - the constrain of liabilty do you want for the mustang - the state minimum requirements or somewhere between the state and the highest levels
Sports car, 18 year old -- nope, at hand is no cheap insurance.
If you are looking to put him on his own policy, many insurance companies won't take him at adjectives. You're best bet is to add him to your insurance policy. But it still won't be cheap.
Look at State Farm and other insurers who extend a "good student" discount. One strike against you on the premium is the fact that you bought a Mustang. This is considered a sports sports car in vehicle ratings (IRG) and add to that an 18 year antediluvian single male and it causes actuaries everywhere to shudder. Those are adjectives high risk elements when figuring a premium. However, if he's surrounded by your household and you have multiple policies with like peas in a pod company and he's got the grades AND you have a well brought-up claim history with no accidents, that will donate you the best rate. If he didn't have a car that have to carry collision coverage, it would be a lot cheaper but what's done is done. No event the cost, be sure he has at least $100,000/$300,000 liability margins. Source(s): Auto injury claim rep for 23 years
Shop around and get quotes from different insurance companies. The DMV offers great resources for affordable insurance. Since your 18 years weak with a mustang, theres no such thing as cheap insurance and because of your age and style of motor. Expect expensive insurance. It might be less expensive if yu were driving a sedan, a coup¨¦ with four doors.
The terms "18 year old" and "cheap auto insurance" NEVER travel together.
You also purchased a 'performance' vehicle for your son. Expect to pay a lot for the insurance. Those rates will budge up with the first accident or ticket.
Let your son know adjectives of this.
Try AAA and Safeco. They are the with the sole purpose companies I have seen that bestow kids a good break unless you are willing to insure it underneath you. Farmers has the good student discount if he is surrounded by your household and under your policy. Source(s): Agent
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