What can I do to lower insurance? And what kind of coverage do I need to get? They ask 20/25 or 50/100 and so on. I have no idea of what that means. My quotes have been 4000 and higher for a 6 month period. I am in college. I don't have that kind of money. I live in New York City (if that helps). If anyone can give e any tips, it would be greatly appreciated. The cars I am lookint at are the 2005 nissan altima, 2005 honda accord or civic sedans, and the 2007 toyota camry. thanks
2007-06-23 01:01:20 · 5 answers · asked by V S 3 in Cars & Transportation ➔ Insurance & Registration
I am a 19 year old female. I took driving lessons, 17 to be exact, before taking my road test. Do those count?
2007-06-23 09:52:05 · update #1
And what is a reliable car? I want a car that is roomy because I am a tall female (I have long legs). I also want a car that kind of stylish. I am going to buy it used so it is already going to be old. I am going to have this car for the next five years.
2007-06-23 09:54:01 · update #2
First off congrats on getting your license. Second off the COLOR OF A CAR MAKES NO DIFFERENCE IN THE INSURANCE RATE!
She did offer a good suggestion though. Since your newly licensed you may want to give serious consideration to a reliable cash car. Then all you need is liability insurance. Keep your record clean, get some driving experience on your side, maintain your insurance and you will start seeing discounts. These things that I mentioned will all result in discounts but it will take time.
If you insist on financing a car I would not recommend a Nissan, they tend to be a bit higher on insurance because they generally have a bit higher output then most ordinary autos. Find out what your States min Liability requirements are and what the maximum detectable that the lien holder will allow and get a quote for that. Don't add PIP, Uninsured/Under insured, rental, towing things like that to your policy. Now this will leave you terribly under insured and it's not what I would recommend but it is the cheapest way to go.
Some companies also offer good student discounts so ask about those.
Other than that I would just try and find a cash car and bite the bullet for a few years. If you have any questions about limits of liability, uninsured/under insured, comp/coll things like that then please email me and I will explain what they are in detail. Good luck. Hope I've helped
2007-06-23 04:50:50 · answer #1 · answered by deanspurrier 3 · 0⤊ 0⤋
first, ur young and a new driver so they dont trust ur judgement yet. next heres some other things y its so high and what u can do:
get an older but reliable car, ur a college kid and itll b used and beaten up, so dont sink so much into it, this leaves more 4 ins.
theres the location, a lot of city driving is more hazzadous
the color of the car (red especially) can drive the ins. cost up
the location where u park the car, some call it garaging the car, is also a factor, 1 city may cost u x, while another a lessr y
then theres whether u took drivers ed classes this will lower the sting some
one thing u might look into, get a AAA membership for the roadside assistance, and their ins will give u a discount, not much, but added with a low milege discount and things like anti theft and airbags will each help bring it down a little.
2007-06-23 08:19:26 · answer #2 · answered by Anonymous · 0⤊ 1⤋
If you are a male under 25, your car insurance will be more expensive than in you're 25 or over. That's how it is. The amount a company charges you for insurance is based on many factors. The make and model of car - is it a performance car? is it expensive to repair? That kind of thing. Your driving history - you have none. Did you take a driver's education course? What area you live in also is a factor - urban area with high crime or rural with low crime, etc. They even check your credit, you'll get a better rate based on your FICO score. I personally don't agree with that, but that's what they do.
What doesn't matter is the color of the car. The insurance company doesn't care if it's red, blue, black or zebra striped.
2007-06-23 16:08:23 · answer #3 · answered by Scott H 7 · 1⤊ 0⤋
Congratulations on passing your test....you mention a 2007 Toyota....The cost of insurance is generally related to several things including...age..experience..Area code.and replacement value of car!.....Buy a cheap reliable car to start with..Gain experience in it... and then set your sights higher!
2007-06-23 08:15:28 · answer #4 · answered by expatriot1000 4 · 0⤊ 0⤋
going to be expensive for at least your first year until you have proof you are a good driver. do not buy a sports car
2007-06-23 19:43:31 · answer #5 · answered by cheri h 7 · 0⤊ 0⤋