insurance.. LOL
09-20-2012, 06:12 AM
#11
4th Gear Member
Thread Starter
Join Date: May 2012
Location: New York
Posts: 1,220
That makes absolutly no sence. Clean driving record and a 10 year old car. 700 dollars a month would pay for the car in a year and a half. That simply can't be. I would understand maybe 400 for full coverage at your age but thats still high. I'll ask my wife and mother in law later tonight. They work for Progressive and Allstate and I'll get back to you. I'm west coast though so it'll be Saturday.
I'd definatley look into getting on your parents policy. You might even consider putting it on suspend (If the company allows it since it needs to be fully covered...and please look into gap insurance, I hear horror stories nightly). Suspend allows you to drive the car a set amount of days a month (Allstate is 10) at a fraction of the cost. Some companies offer it, some don't.
I'd definatley look into getting on your parents policy. You might even consider putting it on suspend (If the company allows it since it needs to be fully covered...and please look into gap insurance, I hear horror stories nightly). Suspend allows you to drive the car a set amount of days a month (Allstate is 10) at a fraction of the cost. Some companies offer it, some don't.
09-20-2012, 06:24 AM
#13
4th Gear Member
Thread Starter
Join Date: May 2012
Location: New York
Posts: 1,220
sounds great, thank you. No hurry really, just kind of a huge heartbreak here. Im being put into a bracket of an irresponsible reckless 18 year old and i dont fit that description at all
09-20-2012, 06:31 AM
#15
4th Gear Member
Thread Starter
Join Date: May 2012
Location: New York
Posts: 1,220
I dont understand why a 10 year old car would cost 700 to 1,200 a month to insure. Absolutely insane
09-20-2012, 06:51 AM
#16
6th Gear Member
Join Date: Sep 2006
Location: Gainesville, FL
Posts: 11,278
That makes absolutly no sence. Clean driving record and a 10 year old car. 700 dollars a month would pay for the car in a year and a half. That simply can't be. I would understand maybe 400 for full coverage at your age but thats still high. I'll ask my wife and mother in law later tonight. They work for Progressive and Allstate and I'll get back to you. I'm west coast though so it'll be Saturday.
I'd definatley look into getting on your parents policy. You might even consider putting it on suspend (If the company allows it since it needs to be fully covered...and please look into gap insurance, I hear horror stories nightly). Suspend allows you to drive the car a set amount of days a month (Allstate is 10) at a fraction of the cost. Some companies offer it, some don't.
I'd definatley look into getting on your parents policy. You might even consider putting it on suspend (If the company allows it since it needs to be fully covered...and please look into gap insurance, I hear horror stories nightly). Suspend allows you to drive the car a set amount of days a month (Allstate is 10) at a fraction of the cost. Some companies offer it, some don't.
09-20-2012, 07:01 AM
#17
4th Gear Member
Thread Starter
Join Date: May 2012
Location: New York
Posts: 1,220
trying to find a company thats willing to give me a quote of about 300-450 a month. even though its high, i would only be paying it for a month or two until i take the plates off and store it for the winter (i would keep fire and theft on) that way when i reinsure it in the spring i would have somewhat of an insurance history and hopefully the rate would go down.
09-20-2012, 08:57 AM
#18
Join Date: Aug 2006
Location:
Posts: 13
To be fair it isn't just the cost of the car that is taken into consideration. As others have said, your age and location are a factor but also is the cost involved if you are in an accident. Damage to others cars and possible injuries as well as lawsuits. I know it sucks but hopefully you will find somebody more reasonable.
09-20-2012, 09:25 AM
#20
Join Date: Sep 2012
Location: NV
Posts: 21
Well, I brought it up to the wife this morning. She says location has a lot to do with it and because you're located in NY and there's more traffic, higher accident rates and your age that it is possible to have a higher rate. She still thinks its high, but she deals with personal injuries. I'll talk with her mom later tonight who does quotes as she'd probably know a little more. I paid 205 a month for a 03gt, 96gt vert and 96 coupe so I'd suggest you move your *** far away from that city lol.