I am planning to buy a 2002 Nissan Sentra worth 7 Grand in the forth coming week.I am a new driver with learning permit .My age is 35 and I came recently from India.
I am trying for Insurance in different companies like GEICO,STATE Farm etc.Everywhere I get quotes like 2000$ For 6 month premium for a decent coverage.I am looking for something around 1000 - 1200 $ for 6 months.I would expect a maximum liability coverage ,a limited uninsured coverage and Collision Coverage with a Deductible of 1000 $.
Any Suggestions please ?
2007-03-14 03:21:27 · 3 answers · asked by senthilvka 1 in Cars & Transportation ➔ Insurance & Registration
I don't know what state you are in but, first off, certain areas of the country have much higher insurance rates than others. This alone could be part of the problem. If you are getting similar quotes from insurance companies, that is probably in the area of what you can expect to pay anywhere. Being a new driver will greatly increase your premiums as well.
I don't know how credit reporting works with other countries, but if you do not have established or good credit, this can also affect your premium as well.
The car itself will also make a difference in the premium if you are carrying comprehensive and collision coverage. Even with $1000 deductibles, some cars are just very expensive to insure. Perhaps consider a different vehicle and see if that puts you more in your insurance price range.
The amount of liability you are carrying is also obviously going to affect your premium. I'm not sure what your definition of maximum or minimum is so it's kind of hard to elaborate on this. Ideally, though, you would want your uninured/underinsured coverage to match your liability limits. That is for your protection in case you are severly injured by an uninsured/underinsured driver.
2007-03-14 03:49:43 · answer #1 · answered by Jessica S 3 · 0⤊ 0⤋
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2016-09-24 20:42:21 · answer #2 · answered by Susie 3 · 0⤊ 0⤋
There is a site where you can compare a bunch of different insurance companies to find out which one will give you the best price. You can try a comparison site like Progessive through this page, too. Most of them will give you quotes online so you don't even have to talk to anyone if you don't want to. I would recommend staying away from State Farm; from what I hear, they are always pretty expensive.
http://www.dmv.org/car-insurance.php
2007-03-14 06:32:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋