What do you pay for insurance?

[mphmotorwerks]

I go through State Farm and pay 63 a month for full-cover...I'm 24 and have a 98 318ti

[ATF]

I can't remember the number, but I think 1,700 sounds right for a year of coverage. It's under my dad's name but the car is in my name. I'm on the insurance as primary driver I think. Didn't apply the good student discount either.

So roughly $140 a month. 19, Student, Stamford, CT, I don't know what other factors matter? Geico

[tastade]

Factors that can make a difference in the US vary by insurance company but include: vehicle type, engine size, safety features of the car, school grades/marks for students, driving history, credit score, sex, age, marriage status, number of vehicles insured, where you live, and more.

A factor that does NOT matter for any insurance company: car color, don't let people talk you out of a red car, insurance is the same as any other color. They are also no more likely to be polled over based on several studies.

[kirbykirbykirby3]

Oh, so color does not matter? :P

So, it's going to be close towards..1500+$, ouch..

Hmm, I also don't understand the idea of this, can't the car just be under my parent's name and I can drive it and get a lowered rate?

Thanks.

[Instigater]

I'm 24, never had a car accident and I'm paying 66$/YEAR here in Latvia for 318ti '95 Third Part Liability Insurance and another 300$/YEAR for general insurance against theft and damage to the car.

[2ndBimmer]

~$90/month, 25m, near Baltimore Maryland, a few points on the record , Liberty Mutual.

[BleMW]

1237.76 a year.

21 years of age - virginia
14 points on record, no accidents

[TT Racing]

24 years old
NJ resident
Clean record
97' Ti
Full coverage w/ geico $2000 a year

[trickiekid]

I am 26 and married, I pay about $250 for six months of full coverage through USAA. Also I haven't recieved a ticket in the states in over 7 years.

[2ndBimmer]

Originally Posted by kirbykirbykirby3

Hmm, I also don't understand the idea of this, can't the car just be under my parent's name and I can drive it and get a lowered rate?

Thanks.

Under your own insurance? or under your parents' current policy?

[kirbykirbykirby3]

Originally Posted by 2ndBimmer

Under your own insurance? or under your parents' current policy?

Under my parents of course :P

[mphmotorwerks]

Thats prob the cheapest way to go.....like people have been saying it all varies from company to company. It also will be affected by your grades, any moving violations, accidents, prior claims, etc.....Also depending on how your parents do their insurance, if all their home owners, vehilce, etc are with the same company you get big breaks. For me I just have the one vehicle but my health insurance is with state farm so I get breaks there, plus a clean record of no moving violations or accidents and have good grades help a ton!!

[kirbykirbykirby3]

I see, Hmm lol.. It's still going to be expensive for me tho lol. I have good grades so that's good, but for insurance I only have it for auto nothing else loll.. so yup.

[JPerfect]

21/M

Under my own policy with Liberty Mutual. Liability coverage only, no claimed accidents in the last three years, or ever with this car for that matter, never any points on my license... ~$2800/yr.

Not sure how they expect us to live around here. I tried for Geico, and it was even more

[zboot]

If the car is insured under your parents name and you are added as an authorized driver of the car, that would be the cheapest way to go. Your parents thought would need to be listed as the owner of the car - so you may have to change your registration. No matter how you slice it, at your age, being an authorized driver on your parent's insurance is the cheapest way to go.