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Insuring a mustang
well my main question is, what can i expect to pay? i don't live in a very populated town, i wouldn't be putting many miles on it (5k at most?), i would be on the insurance w/ my parents, and i'm 17
i really hoping it won't be crazy expensive..but i feel it will be
i really hoping it won't be crazy expensive..but i feel it will be
"Full" coverage is SO subjective. You cannot do an apples to apples comparison without a number of key factors:
Age:
Zip code you live in:
Actual coverages per line item on the insurance:
Insurance company:
Discounts: based on security devices, good student, home owners insurance, etc
etc etc.
Lets put it this way. My car costs me $1,000 ever six months ($167 a month) for the coverages I have. My exact same coverage through any other insurance company I've checked is double that. I have mercury.
My liability coverage is 50K/100K
Private Property Damage is 50K
Medical Reimbursement is 10K
Under/uninsured motorist is 50k/100k
Comprehensive 50K/100K
I know I'm missing one or two items there.
I'm 35 with a multi-car discount and listed as the primary driver on my insurance for my car, I own my house, I have an excellent credit rating and I have 1 incident on my driving record.
Age:
Zip code you live in:
Actual coverages per line item on the insurance:
Insurance company:
Discounts: based on security devices, good student, home owners insurance, etc
etc etc.
Lets put it this way. My car costs me $1,000 ever six months ($167 a month) for the coverages I have. My exact same coverage through any other insurance company I've checked is double that. I have mercury.
My liability coverage is 50K/100K
Private Property Damage is 50K
Medical Reimbursement is 10K
Under/uninsured motorist is 50k/100k
Comprehensive 50K/100K
I know I'm missing one or two items there.
I'm 35 with a multi-car discount and listed as the primary driver on my insurance for my car, I own my house, I have an excellent credit rating and I have 1 incident on my driving record.
I am 23.
Here is my coverage:
BODILY INJURY & PROPERTY DAMAGE LIABILITY $420.00
BI $250,000 EACH PERSON - $500,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $100,000 EACH ACCIDENT
COMPREHENSIVE ACV LESS $100 DEDUCTIBLE $92.00
COLLISION ACV LESS $250 DEDUCTIBLE $250.00
RENTAL REIMBURSEMENT $30/DAY FOR MAX OF 30 DAYS $20.00
UNINSURED/UNDERINSURED MOTORIST $26.00
$250,000 EACH PERSON - $500,000 EACH ACCIDENT
UM PROPERTY DAMAGE $100,000 LESS $250 DEDUCTIBLE $29.00
PERSONAL INJURY PROTECTION $40.00
$5,000 FULL COVERAGE
Premium by Vehicle $884.00
Renews every 6 months
EDIT: and this is with no discounts except one where because I pay automatically online, they give me a small % off. I only have this car through them. and sorry for the display, that was copy and paste
Here is my coverage:
BODILY INJURY & PROPERTY DAMAGE LIABILITY $420.00
BI $250,000 EACH PERSON - $500,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $100,000 EACH ACCIDENT
COMPREHENSIVE ACV LESS $100 DEDUCTIBLE $92.00
COLLISION ACV LESS $250 DEDUCTIBLE $250.00
RENTAL REIMBURSEMENT $30/DAY FOR MAX OF 30 DAYS $20.00
UNINSURED/UNDERINSURED MOTORIST $26.00
$250,000 EACH PERSON - $500,000 EACH ACCIDENT
UM PROPERTY DAMAGE $100,000 LESS $250 DEDUCTIBLE $29.00
PERSONAL INJURY PROTECTION $40.00
$5,000 FULL COVERAGE
Premium by Vehicle $884.00
Renews every 6 months
EDIT: and this is with no discounts except one where because I pay automatically online, they give me a small % off. I only have this car through them. and sorry for the display, that was copy and paste
Last edited by ChalknCover; Jul 16, 2009 at 03:43 PM.




