by Webb » Fri Jul 03, 2009 05:18 pm
I am 24 years old and have been driving since i was 16. I drive a 99 honda civic, and my current monthly payment is $110 is this a lot? Oh , i also have no points on my driving record. So im just wondering when my rates will get cheaper..
Thanks in advance
Dave
Thanks in advance
Dave
Posted: Fri Jul 03, 2009 05:24 pm Post Subject: Free Auto Quotes
Hello Dave,
well usually insurance companies give you a break on auto insurance when you hit the ripe age of 25. So you dont have that long till. My recommendation would be search around and compare auto insurance from diff companies, this will help you find a lower rate when you turn 25.
J
Posted: Fri Jul 03, 2009 10:47 pm Post Subject:
So im just wondering when my rates will get cheaper
You should see a nice drop when you hit 25 (at the following renewal)...are you married? Seems like it dropped then too...I know my son about threw a party when he hit 25...for him it was a substantial drop.Posted: Sat Jul 04, 2009 05:37 am Post Subject:
Hi Webb, the other posters are right. However, have you searched around for cheaper rate? Do you enjoy any discount on the rate? If not, then you may check if any such discount is available to you.
Posted: Mon Jul 06, 2009 08:18 pm Post Subject:
Depending where you live and how much coverage you have $110.00/month is either way too much or incredibly cheap. Also, how's your credit score? Big city and bad credit with high liability and physical damage = great deal. Rural area with good credit and liability only = shop around now, you're paying too much.
Posted: Thu Jul 09, 2009 04:36 pm Post Subject: the 25 is a lie . . .
okay not a lie but a small misconception there is no MAGIC NUMBER . . . it depends on many other factors for example how many tickets / accidents you have . . . what type of car the year of the car and etc.
Posted: Fri Jul 10, 2009 11:37 pm Post Subject: Online Auto Quote
Hey
Have you compared anything on the internet? have a look at this site free-auto-quote.com
that site helped me save a ton
Posted: Fri Jul 10, 2009 11:55 pm Post Subject:
I think there are many factors which leads to lower your insurance premiums. Some of them are:
Here is a list of factors that affect your automobile insurance rates:
* Age - Age of 25+ lowers it down
* Gender - Women are statistically safer drivers.
* Marital Status - A married person will pay less than a single person
* Geography - Small cities, less traffic less premium.
Posted: Fri Jul 10, 2009 11:55 pm Post Subject:
* Vehicle Type - A less expensive car will cost less to insure than that a SUV with more bling.
* Accident Claims - A claim can bump up the rates
* Credit Rating - Better the credit better rates. Especially bad credit affects a lot in bumping the score.
Posted: Fri Jul 10, 2009 11:56 pm Post Subject:
* Occupation - do you do door to door marketing? Rates goes high! Less the traveling job, lower the rates.
* Driving distance to work - Miles driven each year . Years of driving experience .
* Business use of the vehicle - If you use your vehicle for business, rates are higher
* Theft protection devices (often results in discounts)
* Multiple cars and drivers (another opportunity for discounts)
* Multiple policies like Home owners etc
"Be who you are and say what you feel because those who mind don't matter and those who matter don't mind" - Dr. Seuss
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