Auto and Car Insurance

auto insurance?

who would be the best company for me to go with for auto insurance on a 2008 mustang GT Coupe Premium? i plan on getting it in june and i'll be 18. i have had two tickets, one for speeding (but its not on my record) and another for failure to yeild at a stop sign (which resulted in a wreck) does anyone know the approx. price i'll be paying for car insurance with these facts? or which company i should go with? im a girl.

Public Comments

1. You can expect to pay out the nose for insurance. Your age, the fact that you are a male and the multiple tickets on your license tells me you have more money than sense. Don't expect anything less that $300 a month with decent coverages. For the love of God don't just get state minimum coverages because with the way it looks being 18 and having a hot new sports car, I see you getting some more speeding tickets and possibly another wreck. Another bad wreck with high speeds equals someone elses safety other than yours. Be safe and drive safe.
2. Typically, insurance rates will vary from State to State and can even vary by ZIPCODE! It also will depend on the type of car/truck, coverages, limits of liability, and driving record. Some companies run credit scores and MOST run a motor vehicle report and CLUE (Comprehensive Loss Underwriting Exchange) report to see about undisclosed accident involvement. The best thing to do is call a LOCAL independent agent. Don't go across town, or to some other city - look for someone CLOSE. Just look in the phone book for the PIA or Big I (Trusted Choice) logos and you will find a professional licensed agent that will be able to help you solve your insurance problems, and give you rate comparisons of several different companies. An independent insurance agent will normally have a dozen different companies and if he cannot help you, he should be networked with other local agents that can. In my agency, we have companies that do NOT run a credit score and welcome drivers with "less than perfect" driving records and specialize in youthful operators! Most of the replies on this site say "go to this on-line carrier or that on-line carrier or that 1-800 number" but I'm sure that when you do, you will find some impersonal computer user with a script to work from and you won't be able to talk with the same person every time you have a problem! Good luck, drive RESPONSIBLY and I hope this helps!
3. You are going to have trouble even GETTING insurance. Most of the larger companies won't touch you with a pole, much less insure you. You should probably go to an independent insurance agent and let them shop for a high risk company. Be warned -- it will probably cost you more than your car payments. That's the price you pay when you are young, have a dismal driving record and insuring an '08 GT. P.S. - if you were issued a speeding ticket it's ON your record.
4. Call around, get quotes BEFORE you buy the car. I wouldn't be surprised if your premium is $6,000-$7,000 or more per year. I insured a 19 yr old female SEVERAL years ago in a rural state on a 2003 Hyundai & it was over $3000 per year with a CLEAN record. I also just insured a 20 yr old female on a used Jeep (2002 I think) & her insurance was over $4,000 per year with only ONE incident on her record. You are 18, the Mustangs are now very expensive to insure (equivalent of a $50,000+ vehicle), it is actually LESS expensive to insure a new Corvette, you have 2 tickets and an at fault accident. You may want a beater car for now until your record is clean (3 years from the last incident) & get liability only, THEN get yourself a new car. It will help the premiums a lot. Progressive will probably be your best bet for your insurance. Call a local independent agent & get quotes. Good luck to you, but you probably can't afford the insurance on the car even if you can afford the loan payments, unless you are a trust fund child.