Anyone knowing the best/cheapest auto insurance for young drivers?
Sunday, July 5th, 2009 at
4:40 pm
michaeln_2006 asked:
Hello! I am a young driver (19) who is looking to buy a new 2007 ford mustang (the deep red color). I really want this car but it looks like there is no way that I will be able to afford the auto insurance for this thing. Anyone know the best company for me to speak with? Any advice or tips will help. Thanks!
Tagged with: Cheapest Auto Insurance • Ford • Ford Mustang • Hello • Insurance • Young Drivers
Filed under: Insurance & Registration
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After researching over 25 different insurance companies over the internet, none beat Safeco’s premium… NONE!
AIS or any other insurance broker
I can’t answer your question until you are 25 and have a very good record. I would however point out a recent experience with car Ins. I am 72 and changed from NRMA to alliance when the NRMA changed it’s policy on repairers.In the course of that year I had a minor car park accident. I also had my engine burst ito flames when no one was in it. I got a letter from Alliance declining to renew my policy as I had had 2 “at fault “claims in the year. When I pointed out that baursting into flames was not my fault, and after some discussion, I descovered “at fault” means they have nobody to claim the money back from!!!. I went back to the NRMA and told them what had happened and they accepted me.
Ok here is the best thing to do, for fastest and easiest way try to search it on the net, im sure theres a lot of insurance company that could give you an online services, try to visit this site it will provide you list of car insurance company that will give you a cheap and quality car insurance services. Just collect qoutes and select the best one for you.
So I did a very rough quote on your car, and its coming back at around $4000, which is about $333 per month!
However, I don’t know everything about you, so it may change. I used just a 2 dr Mustang, no GT or anything. the best thing to do, is to get a quote yourself which will be more accurate. Go to for the quote, it compares all companies and gives you the best prices.
Be sure to mention if you are in school and if you have taken drivers training, as these could reduce your rate.
Do not buy new car. Buy used. Save lots of $, and also lower insurance.
Talk to several different insurance companies for guidance, starting with whoever is the agent for your parents insurance.
Kids your age have a reputation, true or not, of wanting fast cars & drive them fast, and have big accidents. You need to get a car that is outside of this sterotype to have any hope of good insurance rates. They after you have driven 5 years or so without a single blemish on your driving record, have conversations with insurance agent again about what kind of car you can afford insurance on.