hmmm ive been quoted by 5 companies so far, few have been decent (All State and progressive) gonna keep looking

Hey everyone.

Im new to this site but I have some pretty good knowledge on this subject. My dad owns an insurance company. Anyway, There are a lot of things that go into your insurance quotes, your age, driving history, what kind of car you have, what kind of insurance you want (full coverage, or liability only) etc. Most car insurance companies give you a large break on your 21st birthday so if your 21 or older, your insurance will be lower. Your next big break will be on your 26th birthday. If you have a bad driving record then you will be considered high risk, that will effect it as well. Every car has an insurance rating which determines how high your insurance will be, unfortunately for us, our car is rated higher than a Z06 corvette for the fact that most people that drive this car are younger people as apposed to the corvette, who's owners are generally older.

If you have a clean record, 21 years old, and want full coverage then a good cost should be between 1000-1400 depending on what insurance company you go through.

Not saying most of you didn't already know this but just to clarify in case anyone didn't know some of the factors they take in to consideration.

i thought mine was high... i was with farm bureau until it went from $100 a month to $600 a month for 2 tickets. i'm with nationwide now and pay $200 a month. if you have farm bureau i suggest you drop their coverage immediately.

That is a fine approach until you get caught. Why not just be honest? There is too much deception in the world already.

im 21, turning 22 in May (17th) and looking for the absolute best rate so far... clean drving record, no arrests, credit score somewhere between 750 to low 800's.... i drive to and from work 4-5 days a week (15 miles one way, so 30 miles around trip) exc..
-21st century qouted me with " Your 6-month quote is just $1044.64"
-Progressive qouted me with "
Your 6-month policy premium is $591.00 if paid in full or monthly payments of $114.19/month"
-Geico sent me a qoute again today with.. " $725.60 for 6 months of coverage"

Some companies are obviously a lot better than others and it also depends on where you live. Where I'm from the quotes I gave are about average, possibly a little high but not much. I'd say you found a good deal with progressive either way though.

thats what i was thinking too, course i did that " name your price " option that they have..that noone else seems to have...

I run with auto owners for $680 every six months. Includes pretty much all the coverage I can get for the car and a $500 deductable.

Allstate
My '11 Z06 costs around $200 to insure per month ($180-200, I forget), including free new car replacement within 3 years (someone totals it, I just go pick out a new one), accident forgiveness, comprehensive coverage with $500 deductible, and GAP.

I am 25, have a perfect record, and live in Louisiana, the #1 most expensive state to insure a car in.

alright folks..... i now have enough money to make my down payment that i want to on my Z.... now just saving to make sure i have a nice cushion to fall back on, and not be broke afterwards lol, not to mention having the Insurance to pay for lol in which i another another company quote me at paying 206 or something a month for coverage (everything included)

nismo- watch out for those low rate insurance companies because your institution giving you the loan may not accept it.

in the mean time, i suggest you talk with the bank of your choice and give them the info about the car you want, how much loan you will take out, and the insurance policy you are intending to use. they will give you a better idea if you need more coverage or not, etc.

im puttin 15,000 down on it upfront on purchase day (when it comes) right now im just saving to have a nice cushion so im not broke afteri put the money down you know? ive been on the phone all day with insurance companies lol about everything

and oh i know...the qoutes ive been getting .....some (like the progressive one) are really cheap...which makes me wonder if its basic coverage.... or everything included... something tells me its just basic coverage ..which wont do me any good if something happens you see?

I got a quote from AAA, with no coverage for non auto accidents, no coverage for auto damage, minimum basic coverage, for around $240/6 months. Progressive quoted like $400/6 months with same coverage.
Of course insurance will vary on what you want. I'm leary about paying for insurance for years and getting nothing in return if I never use it.

insurance is one of the toughest things to "compare" with others....

I didnt see anyone mention their coverage limits for
Bodily Injury Liability
Property Damage Liability
Uninsured Motorist Bodily Injury
Uninsured Motorist Property Damage

I assume everyone is just carrying the bare state minimums (which also could vary state to state)? I might suspect some of the people who paid cash for their cars and own houses might be carrying higher limits and umbrellas...

I feel so screwed right now. I have two minor violations from June and September of 09. One was for speeding, the other for rolling through a red light (which was actually COMPLETE BS, the light was yellow and there was absolutely no traffic, so... just don't judge me haha) and I'm looking at about $400 for insurance on my Z through damn near every company.

Thankfully I only pay a few hundred bucks for rent. But for what it's NOW going to cost me to drive my car I'm having some buyer's remorse. I guess I just have to wait until 2012 and slow the hell down.

Anyone have advice for a 25 year old guy with two marks on his record?

Esurance, Mercury and State Farm quotes so far.

Edit: Interestingly enough, AllState quoted me at a pretty amazing rate. Over a thousand dollars cheaper than my current provider for 6 months. I spoke with an online consultant who informed me that it was accurate based upon the record pulled from my driver's license number. So I guess I'm gonna go with it for now and I'll see what happens lol.

Wow some of the quotes you guys have up are pretty high :eek:

I'm 25, turning 26 this Sept. with Nationwide and it only costs me $558 / 6 months for my '11 Z. Also have a 03' EP3 Civic Si insured and that costs me $419 / 6 months. Comprehensive is $100 and collision is $250 for both cars. I have been with Nationwide since I started driving my first car at 16 so that may play a part in my low rates. Clean record and good credit also help I think. I expect the rates to go down even more when I turn 26!

Generally, age 25 is the biggest insurance rate break that you get. It mostly depends on how long you have had a license though. It's not necessarily based on your age alone.

Nationwide $65.00 full coverage.

So someone's gotta spit it out. Who has a bad driving record (well, "bad" as mine: two minor violations) and what insurance do you have/pay?

I'm looking at $350 a month right now for insurance and man does it hurt.

I'd be happy with a $250 a month rate at this point ($1,500 for 6 months).

Thanks for any advice

:ugh2:

I had a pretty bad record for a little while (one accident and one traffic violation) so my monthly insurance was around $375 a month. Now I dont have a car cause im deployed but ill be getting my 370z when i get back to the states :icon17:

At least I know I'm not alone in this.

I can't believe it's 3 to 5 years for marks on a record to drop off in CA.

That's pretty unreasonable to me, I thought it was 18 months. I mean, if someone drove without violations for a year and a half I think that's good enough for forgiveness on a minor speeding violation (74 in a 55 on a clear open road? come onnnn).

I'm the furthest from a reckless driver. My other violation was so BS it's paaaainful. The light was yellow, and I slowed down making a right turn to check for traffic. During the slowdown it went red just as I crawled through it and the flippin camera got me. I know I'm still at fault (and stupid nonetheless to do so in the presence of a camera) without question, but it was so far from anything dangerous it's not even funny. I just became an example and some extra money for the state, nothing more.

In any event. Sometime in 2014 when I'm damn near 30 I'll finally see a drop in my insurance rate.

Sorry, just ranting. Seems like almost all you guys have clean driving records and don't need to hear my yammering. But all you newly licensed drivers out there, watch what you do!

Alright, I'm done :roflpuke2:

I don't know how it works in other states, but I never take a ticket without going to court. Plead no contest, pay court cost, no points, and its all forgotten. Hope that helps you in the future if you get another ticket.

As far as a comparison to rates, my best friends sister had like 3 accidents only one place locally would even insure her. I do not remember who, but it was around 600 dollars a month.

The best thing you can do is find a trustworthy insurance broker. At your age rates will be ridiculous. But insurance brokers can find you small companies with good reputations on claims. There are plenty of good unadvertised companies that don't crap all over you on claims while giving you a low rates based on more personal factors than national averages and market share. You may have to answer a lot of dumb questions before u get approved but it will be worth it in the end. Its just you usually only know of them by word of mouth or trustworthy insurance brokers.

You're not alone. 31 with 6 speeding tickets(go ahead, judge me) and I pay $221/month(i find this to be high) for my wife's '10 maxima and my 92 240sx

221? That's good to me, especially for 6 speeding tickets.

May I ask your coverages/deductible and what company you went with?

liability w/ $250 deductible

state farm

The insurance WILL be changed to my wife's name as soon as I get my 370.