insurance....

BoostedH23a1 · 23 February 2004

what do u think insurance would run for a 21 year old male... only 1 speeding ticket (7 over)

not the primary vehicle....full coverage..

robr · 23 February 2004

depends what state youre in. basically you'll need to know your SDIP rating (get it from an insurance company) and call around various companies and tell them exactly what types of coverage you want (there's dozens of choices on amounts and deductibles), the vehicle info (again more deductions available depending on alarm, driving it under X miles per year, etc), your age and SDIP. It's not a question anyone here can answer for you. As far as a ballpark, it doesn't even matter if someone else in here has the exact same SDIP and was born on the same day you were, unless they live in the same state. Oh yeah, another variable, the location the car will be kept. Each town and city in the US also has a "rating" assigned by the insurance company that will determine your rate. It's less to insure a car when you live in the middle of nowhere vs. in a metropolis where theft and accidents are more likely. Start calling!

RP-Motorsports · 23 February 2004

For someone so young, the only affordable way would be to have no lien on the car (paid for) or somehow borrow the money from your parents i.e. home equity loan etc, because banks usually will only allow a max of a $500 deductible. This way you can raise up the deductibles up ($1000+) to lower the premium. Putting it in storage a few months a year (winter) helps as well in two ways. 1) very cheap coverage for these months, and 2) less miles put on the car annually.

Forums Nazi · 23 February 2004

Oh no, not AGAIN!!!

This is getting ridiculous. New topics get re-opened about insurance rates more than any other subject.

Remember the "search" function - it's your friend.

NeoNSX · 23 February 2004

hehehe... The Forums Nazi has spoken!

perhaps we should make the insurance threads/timing belt/best wax threads sticky?

Dinan M3 · 23 February 2004

This is from Edmunds:

Top 10
MOST EXPENSIVE CARS TO INSURE FOR 2004

1. Mercedes-Benz CL-Class
2. Acura NSX
3. Porsche 911
4. Audi A8
5. Lexus SC 430
6. Chevrolet Corvette
7. Jaguar XKR
8. Dodge Viper
9. BMW M3
10. Mercedes-Benz CLK-Class

http://edmunds.nytimes.com/reviews/list/top10/101277/article.html

LeftLane · 23 February 2004

Interesting - my 95 NSX, while a 3rd car, is only about $65 a month for full coverage. I was paying roughly $100 per month for my 98 convertible Corvette.

There are way too many variables in play to even guesstimate a figure. You really have to call the insurance company to get an accurate number.

BoostedH23a1 · 24 February 2004

holy crap its number 2

well ill be getting like a 91-93 so thats like around 30kish say.. ill put like 10k down on the car and get a loan for the rest.

robr · 24 February 2004

yes, im sure thats for brand new vehicles. my '90 nissan 300zxtt was more expensive to insure than my 91 nsx. all things relative (ie for me, where i live), the NSX isn't any more expensive than any other sports car.

insurance....

Similar threads