Extremely dissapointed with my "quoted" Insurance rate!!!!!!!!!!!

[rawlus®]

if you're 18 with a DWI you shouldn't be driving period.

[faith in dc]

Some insurance companies really don't want 18yo so the purposely rate them extra high. I do believe Geico is one. They make their money for insurancing the best drivers and having lowest incidents.

I had ran a State farm quote and they came out cheaper than the Liberty I just ran.

[bull8042]

Originally Posted by rawlus®

if you're 18 with a DWI you shouldn't be driving period.

Very true! And $4000+ per year for insurance would be a pretty good deterrent...

[Krodista]

from what I noticed with my vehicle insurance. Being a male and anything under 25 and they will kill you every time for insurance. Recent studies have shown that women are actually far worse than men at driving...not a sexist thing...an experience thing (the male in the relationship is typically driving places...putting them behind the wheel more)...soon they will begin to jack womens prices to the same toon as men are paying. In any manner expect premiums to be high no matter what you buy. Many things go into the coverage quotes. Red car insurance is higher than any other color...no matter how slow the car. Two door coupes are more expensive than 4 door sedans. The cost of the vehicle goes into play. Safety features in the car and their crash test rating. Your credit score also goes into play. Married men pay less because statistically married men take less risks. There is much more that goes into it. Its not a linear no crash, no violation system equals extremely low insurance...though these are good in keeping the cost of insurance as low as possible. I am teir 1 in the insurance brackets, 25 year old male and I pay just under 400 for 6mon. for my red and black Saturn SC2 (2 door coupe), which gets 36MPG goes no where fast.

[JanetMermaid]

Originally Posted by Krodista

Recent studies have shown that women are actually far worse than men at driving...

I would be interested in reading one of those studies. I found this at the Insurance Institute for Highway Safety site:

"Teenage drivers have very high rates of both fatal and nonfatal crashes compared with adult drivers. Teenagers drive less than all but the oldest people, but their numbers of crashes and crash deaths are disproportionately high. Based on crashes of all severities, the crash rate per mile driven for 16-19 year-olds is 4 times the risk for drivers 20 and older. Risk is highest at age 16. The crash rate per mile driven is nearly twice as high for 16 year-olds as it is for 18-19 year-olds.2 The rate of deaths per 100,000 people in 2006 peaked at ages 18-19 for male drivers (25 per 100,000) and at age 18 for male passengers (12 per 100,000). Death rates peaked at age 18 for female drivers (10 per 100,000) and at age 16 and age 18 for female passengers (8 per 100,000).

Many teenagers die as passengers in motor vehicle crashes. Sixty-one percent of teenage passenger deaths in 2006 occurred in vehicles driven by another teenager. Among deaths of passengers of all ages, 20 percent occurred when a teenager was driving.

A 2007 Highway Loss Data Institute study reported that overall collision (vehicle damage) losses for vehicles insured for teenagers to drive are more than double those for vehicles insured for use by adults only."


I did find an article titled "Teenage girl driving takes a turn for the worse" at Insure.com, but they still aren't as bad as boys.

"...according to the IIHS figures, which are compiled from data provided by the National Highway Traffic Safety Administration, the crash rates of 16-year-old males decreased to 210 per 1,000 licensed drivers in 2000 from 216 in 1990, but the crash rates for 16-year-old girls increased from 160 crashes per 1,000 licensed drivers in 1990 to 175 in 2000.

Accident rates for 17- to 19-year-old females drop off far more quickly than for young male drivers. Overall, the crash rate for 16- to 19-year-old females was 12.7 percent — 4 percent less than the 16.7 percent crash rate for male drivers in the same age group. "

[Dave777]

Krodista,
Red car? My insurance company has never ever asked the color of any car I've owned.

[smartie pants]

Originally Posted by jacobzcool1

With geico....my "quoted" rate is $2,463.00/6 months!!!!!!!!!!!!!!!!!!!!!!!!!!!!

My quote with Gieco was $240 for 6 months, Farmers (my agent) quoted me $1285 for the year!

[Flashman]

Being red doesn't affect car insurance at all. I've had red cars for years. No insurance company ever asked or cared. Amazingly being a TURBO MX-5 actually gave me a lower insurance rate than a normal aspirated MX-5 of the same year (they originally gave me a higher rate when I got my Mazdaspeed MX-5 then lowered it when I pointed out I had the sportier turbo version, go figure).

[angel]

Insurance companies generally don't have to ask the color. The color is associated with the VIN. I could be wrong. But I know my last two vehicles when registered with VIN also had the color on there. Though I don't know if insurance companies use that information or not.

[Dunerunner]

Originally Posted by jacobzcool1

With geico....my "quoted" rate is $2,463.00/6 months!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Try a company that specializes in high risk policies like, Mercury. As a broker, they will shop you around for the best coverage and premium. There are other companies, Progressive, e-insurance, etc. that may want you as a customer. This high quote is saying, "Go somewhere else."