Auto and Car Insurance

Car Insurance!?

I am planning to buy a used 1992 Honda Prelude for $2,700.00. How does the insurance work? Does the price of the car that I paid or the retail price, plays as a factor of how much I would have to pay monthly for insurance. What insurance company would be the best for a new driver with her G2 only? Does anybody have an idea of how much it will cost me (approximately monthly) for the insurance? What other fees or cost will I have to pay for?

Public Comments

  1. call an independent agent for a quote. that is an agent who sells for several companies. The biggest factor is not your car, but your age and driving record. Insurance companies are not worried about a $2,700claim, but a liability claim of possibly $100,000 should you hit and injure someone. Don't go online and buy. You don't have the experience.
  2. Dial through the yellow pages or ask friends whom they use, you will get varied prices. check this link for a better understanding http://www.usedcartips.org/INS.html
  3. Insurance premiums are based on a number of different things such as your driving history, type of car you drive, and location where your car will be stored. We'd suggest you to get multiple online quotes before you decide and keep in mind that it's usually better to get insurance on your own rather than from the broker or dealer. Here's a link to get fast multiple insurance quotes: http://www.tkqlhce.com/click-1704719-10360192
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