Ridiculous insurance

[Steve Dallas]

I think the thing to ask is....look at your driving record. There's a reason it would be that high. Not only are you young, but you're driving a Camaro. Those two, in themselves will cost a little. There has to be something more than that to be reason the rates are high. Accidents, speeding...whatever.

TANSTAAFL

[MaroMike94]

Originally Posted by Steve Dallas

I think the thing to ask is....look at your driving record. There's a reason it would be that high. Not only are you young, but you're driving a Camaro. Those two, in themselves will cost a little. There has to be something more than that to be reason the rates are high. Accidents, speeding...whatever.

TANSTAAFL

I have tickets that I'm on pbj for in my previous car. That's probably effecting it

[Khmero215]

I have a clean record, 26yrs old, zero accidents(knock on wood) but my insurance is $300/month. My sister tells me its because my credit score isn't the best. True?

[Eviscer8r]

Originally Posted by DataWave

My car was payed in full, i have a job. i have NOTHING on my driving record. and i pay 3.6k a year.
full coverage, all state. I'm still kind of regretting it.
its on lowest milage it can be too.
even if i didn't have full coverage it would only be a difference of like 100 dollars a year

Whoa. I'm 29, have a job and a speeding ticket. I pay 1025 a year for my 11 SS. Some folks have such odd prices...who do you use?

[Khmero215]

Progressive

[Steve Dallas]

Originally Posted by MaroMike94

I have tickets that I'm on pbj for in my previous car. That's probably effecting it

Well, I'd say hold off on the SS for a few years and TRY to drive normally for a few years to let your record clear up.

As far as having the money for it...again, I say...TANSTAAFL.

Point is, you're young. I have no idea if the PBJ was for drunk driving, reckless driving...or what. Doesn't really matter. There's a reason they are charging so much, and that is because you are a high risk to them because of your driving. Driving an SS on top of that is just stupid until you let your record cool down for a while. Otherwise, you're going to continue paying through the nose.

[monstertodd]

Sheesh! I've never even seen motorcycle insurance that high!

You should sell that car, buy a beater, start a 401k with the money, and go to college.


Sent from my abacus using precise finger movements......

[Alot9439]

That's pretty steep I pay about 240 a month on a 2ss and i am 20 with full coverage though I have all the discounts on their good student discount etc...

[Blue17CamaroZL1]

Originally Posted by PIPE

There are many factors that come into play when it comes to Auto Ins. Age, Sex, Credit Score, and demographical area. If I were to move to the midwest with ALOT less to no traffic congestion my Ins would drop way down. Living in 1 of the worst areas for traffic and peoples driving habits dont help us here. I'm with Allstate and only pay 190 a month for Full coverage on my camaro, Brand new Toyota highlander, and my pontiac G6.

As this post states, there are many factors that contribute to your high insurance.

First off you are 18, so you are young an inexperienced (in the eyes of the insurance company)
Secondly, you live in MD, and what's close to MD, Washington DC, a very high rate of insurance there.
Thirdly, you stated it yourself, no job. No job means no income which to the insurance company means harder for you to pay.
Fourth, brand new car and full coverage.

How about these questions:

Are you married? Being single in the eyes of the insurance company tells them you are less likely to be responsible
Do you have a college degree? They view this as a negative fact on your insurance for whatever reason.
Are you living with other licensed drivers without insurance? When I had geico and was living at home with my parents, my younger brother got a license but had no car or his own insurance. As result, my insurance went up because they see a licensed driver as a possible liability to drive that car, regardless of how much you tell them you'll kill that person if they ever touched your car.

I can't see where they get a quote of $13K from, but I can easily see an increase in rates.

Mine just went from $225 a month to $240 a month and there were no recorded accidents or tickets in the past 2 years. This is full coverage on my Camaro and liability on my Trailblazer.

[DRKS1D3]

Originally Posted by JRYAN34

This is the problem with people. You should probably be more worried about a job and money than "treating yourself" to a nice car.

+1 This! Get a job!

[MEDISIN]

Originally Posted by =Stephens=

You will hate me, I am 39 no tickets no accidents, married with 2 children. I pay 600 a year full coverage. Credit score 829, multi car discount, multi policy discount. Live in Nebraska drive my V6 all year long with a 1000 deductible. I am with Farm Bureau Insurance Company.

Damn you responsible Nebraskan's

[MEDISIN]

Originally Posted by two_wheel_mayhem

Insurance is no longer a gamble for company or consumer.

They will NEVER lose. Nowadays its more like a savings account with substantial penalty for use. If you are forced to pay some high risk rate, they should give you some money back if you go a few years without making a claim.

I've been paying insurance premiums for 16 years now and never had to make a claim (knock on wood). I estimate I've paid in over $18,000 to USAA. That's okay, if USAA didn't get it, the government would find a way to take it anyway.

[monstertodd]

I think it's insane that my car insurance went UP when I moved from California to South Carolina this summer.


Sent from my abacus using precise finger movements......

[JeffHudgensMD]

$4,000 is absurd!!! Mine is $632 A YEAR -- Hell, my aunt's mother in law turned 100 back in March and her insurance went up to $2,800 a year... 1. How is $4,000 even possible? and 2. Who the hell can afford that? its more than the car payment!!!