Figuring out how much my Daughter's car insurance

[Jodi1980]

would be...her dad is taking her to Kansas City next week and they may come back with a used car. Should I have her call our insurance company if she finds a car and get a quote so we are not later shocked?

 

[Pugdog007]

I'd do some research beforehand with your ins company. You should call and find out which cars to avoid, which have lower rates. I did this before ever buying a car for DD.

What I found is that you do not want any car that is "classified" as a sports car. I ended up purchasing a Beetle, which has reasonable rates. Also considered a Honda Civic, which also weren't bad.

Stay away from convertibles, sunroof, sporty accessories increase rates. A-B honor roll & driver's ed decrease rates.

Good luck!

 

[shortbun]

yep, call your insurance agent now so you can get an idea
and some advice on what to avoid. Some cars are really expensive because they are stolen a lot, some because parts
are expensive, some because they get tickets a lot(sports cars)\
and some because they are not safe and personal injury claims
are high.

 

[Dan Murphy]

Very much, Jodi, I would call, ask questions.

 

[lsyorke]

Whatever it is, its less that we're paying in Jersey!!!!

 

[luvmarypoppins]

Good luck. We just found out what ds ins. will cost here in ny. He will be in the assigned risk pool, with no collision on a like 93 cadillac which he is getting from deceased fil and its like $2900. He is working as a lifeguard this summer to pay for it. Our ins. agent told us not to put him on our policy as if he got in an accident the injured party could sue us, parents etc. This was they can only sue him, nice boy with no assets etc.

 

[aprilgail2]

I would call and check in advance for a ballpark figrue. The boy next door just got his license, bought an older car (1996) and is paying over 5,000 a year without collision! Kids in assigned risk get killed in payments!!

 

[goin2disneyagain]

Originally posted by Pugdog007
Stay away from convertibles, sunroof, sporty accessories increase rates. A-B honor roll & driver's ed decrease rates.

Sunroofs?? Are you sure about that?? I have never had an insurance company ask me if my car had a sunroof and I have had one on every car except for my very 1st one. Everything else I agree with.

 

[Pugdog007]

Originally posted by goin2disneyagain
Sunroofs?? Are you sure about that?? I have never had an insurance company ask me if my car had a sunroof and I have had one on every car except for my very 1st one. Everything else I agree with.

That's what I was told by Alfa.

 

[Viking]

Tell her to insure her car in Germany
My convertible costs €580 ($700) per year with unlimited coverage.

 

[pw2pp]

Our insurance went up by $70 per month when we added our 16 year-old daughter. In Michigan you can't just put them on ONE car, you have to put them on ALL of the cars in the household.

 

[mudnuri]

There's more to just high risk cars.- sporty etc.

I would not go with a Honda Accord- as they are the #1 stolen vehicle in the US...check with your agent as to which cars have a high theft risk.

A few things to make sure of- make sure its 4 door, has ABS, Dual Airbags, Alarm etc...

The cost of replacement is also figured in, or repair. If a car is cheap to repair- body panels etc..its cheaper to insure.

I was never on my parents insurance, always had my own, from my first car. I was 17, brand new 4 door sedan car, and paid $1300 a year with full coverage (due to a loan)

Also- figure out what's the better deal, liability only, or collision. If the collision insurance is more than the cars worth, go with liability, but if the collision doenst raise it much, get it, as if she is in an accident, you can get the car repaired.

My DMIL has a Trans Am, that my DH and his brothers bought her for her 25th wedding anniversary- my youngest DBIL was still in highschool, living at home, and she had one heck of a time getting it insured, just because of that. They said "he could drive it" an she said- well he wont! LOL they dont go for that! After he moved out her insurance went down by almost 65%.....

Oh how I dread the teenage years!~

Brandy

 

[JayBee]

You might consider buying a cluncker-and paying for it, then don't carry collision and keep your fingers crossed.

If the car is in the Dad's name , it has to be on his Insurance policy, with the same coverage.