Young Driver Insurance Cost, Crazy Rates.

[FlammasWRLD]

So I have been calling around asking for quotes for full coverage on my 2024 3.0 MT that's arriving soon. I have been getting quoted anywhere from $450-$800 a month for insurance in Springfield, IL.

I turned 22 5 days ago, and I have 1 ticket from nearly 3 years ago for going 13 over. I have 1 accident on my record a year ago from when I got rear ended. I was marked as 20-30% liability since it was considered a private parking lot. They originally told me this would not count in the future, so I accepted it. Well... they lied and it sure is raising my rates everywhere I have checked.

Are there any young drivers here that are experiencing these exorbitant rates as well? It seems like I am going to need to do plenty of overtime to make up for this.

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[razorlab]

Just what we needed here on top of 1,000 threads about oil. A thread about insurance.

You're 22 and you have an accident and a speeding ticket on your record.

 

[B58_ hwAyaq]

And “full coverage” is not really a thing. Need to be sure you’re being specific so you can compare apples to apples.

 

[MisterSkiz]

Yup, you are going to get hosed. All part of being green.

 

[BillyLong42]

So I have been calling around asking for quotes for full coverage on my 2024 3.0 MT that's arriving soon. I have been getting quoted anywhere from $450-$800 a month for insurance in Springfield, IL.

I guess my dad was justified with all the yelling about my driving habits in high school. Sorry Dad.

 

[FlammasWRLD]

Just what we needed here on top of 1,000 threads about oil. A thread about insurance.

You're 22 and you have an accident and a speeding ticket on your record.

I've been browsing this forum for months and I don't get the point of yelling about oil threads. They don't come up THAT much.

I really think a lot of this yelling at the clouds about oil threads sh*t could get solved with a simple chat built into the site so people can ask their stupid questions there instead of making a whole thread.

I am just fairly curious if its really this bad for other younger drivers. I have a cleaner record than my friends who pay way less for more expensive cars. It truly seems to be an age thing. I can still afford it, but it really does put a damper on things.

 

[SavagePassenger]

I mean insurance is tricky since there are so many rating factors companies use. Location can make a huge difference of course as well as age. I'm pretty sure younger drivers are going to be paying high premiums for this car in general even with no accidents/claims or tickets.

 

[freeform911]

Might be able to get a % off if you were to take a defensive driving class?
Not sure how your state works in that aspect..
But yes being 22 is the killer..

Steve

 

[Sharocks]

Just get older OP.

Also, not many younger folks are stretching themselves thin over a car.

 

[FlammasWRLD]

Might be able to get a % off if you were to take a defensive driving class?
Not sure how your state works in that aspect..
But yes being 22 is the killer..

Steve

Yeah, I was wondering if there was something like that. I know for my Sport Bike I was able to take the MSF and get a huge discount off of insurance.

Thanks!

 

[FlammasWRLD]

Just get older OP.

Also, not many younger folks are stretching themselves thin over a car.

I'm not really being stretched thin, it just HURTS to be throwing this much at insurance. It's extremely shocking to me that I am going to be paying Supercar insurance prices for a Supra. No one I know is even close to these insurance costs.

 

[freeform911]

I’m sure if you could do it with your bike, it’s an option for the car..
But most times a course can only be taken every 18 months or something..

I’d definitely contact your insurer and see if they offer a discount and if it’s worth it

unfortunately you still have at least 3 years before rates for you drop and that’s only on a perfect driving record.. lol..

good luck
Steve

Yeah, I was wondering if there was something like that. I know for my Sport Bike I was able to take the MSF and get a huge discount off of insurance.

Thanks!

 

[AP1]

So I have been calling around asking for quotes for full coverage on my 2024 3.0 MT that's arriving soon. I have been getting quoted anywhere from $450-$800 a month for insurance in Springfield, IL.

I turned 22 5 days ago, and I have 1 ticket from nearly 3 years ago for going 13 over. I have 1 accident on my record a year ago from when I got rear ended. I was marked as 20-30% liability since it was considered a private parking lot. They originally told me this would not count in the future, so I accepted it. Well... they lied and it sure is raising my rates everywhere I have checked.

Are there any young drivers here that are experiencing these exorbitant rates as well? It seems like I am going to need to do plenty of overtime to make up for this.

Insurance is based on probability of accident and the cost to pay for it - it is a for profit business, after all. Supra is very expensive to repair (how about damaged door replacement for $5000?) and most are junked after anything more serious. Being 22 and already having "at fault" accident is what counts.

 

[FlammasWRLD]

Insurance is based on probability of accident and the cost to pay for it - it is a for profit business, after all. Supra is very expensive to repair (how about damaged door replacement for $5000?) and most are junked after anything more serious. Being 22 and already having "at fault" accident is what counts.

Yeah, it's really a shame since I really wasn't at fault at all. I was pulling up to a stale yellow from the parking lot and I think they assumed I was going to just go through it.

 

[SuupYota]

Just what we needed here on top of 1,000 threads about oil. A thread about insurance.

You're 22 and you have an accident and a speeding ticket on your record.

Maybe we can just merge the oil threads with the insurance threads and go all in!!

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