Anyone knowing the best/cheapest auto insurance for young drivers?

Anyone knowing the best/cheapest auto insurance for young drivers?

Hello! I am a young driver (19) who is looking to buy a new 2007 ford mustang (the deep red color). I really want this car but it looks like there is no way that I will be able to afford the auto insurance for this thing. Anyone know the best company for me to speak with? Any advice or tips will help. Thanks!

John

So I did a very rough quote on your car, and its coming back at around $4000, which is about $333 per month!However, I don't know everything about you, so it may change. I used just a 2 dr Mustang, no GT or anything. the best thing to do, is to get a quote yourself which will be more accurate. Go to http://www.auto-insurance-knowledge.com/… for the quote, it compares all companies and gives you the best prices.Be sure to mention if you are in school and if you have taken drivers training, as these could reduce your rate.Source(s):http://www.auto-insurance-knowledge.com/…

apgbah

I can't answer your question until you are 25 and have a very good record. I would however point out a recent experience with car Ins. I am 72 and changed from NRMA to alliance when the NRMA changed it's policy on repairers.In the course of that year I had a minor car park accident. I also had my engine burst ito flames when no one was in it. I got a letter from Alliance declining to renew my policy as I had had 2 "at fault "claims in the year. When I pointed out that baursting into flames was not my fault, and after some discussion, I descovered "at fault" means they have nobody to claim the money back from!!!. I went back to the NRMA and told them what had happened and they accepted me.Source(s):experience - even at my age

love2bcurious

After researching over 25 different insurance companies over the internet, none beat Safeco's premium... NONE!

hec157

AIS or any other insurance broker

Al

Do not buy new car. Buy used. Save lots of $, and also lower insurance.Talk to several different insurance companies for guidance, starting with whoever is the agent for your parents insurance.Kids your age have a reputation, true or not, of wanting fast cars & drive them fast, and have big accidents. You need to get a car that is outside of this sterotype to have any hope of good insurance rates. They after you have driven 5 years or so without a single blemish on your driving record, have conversations with insurance agent again about what kind of car you can afford insurance on.

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