how much are you paying for insurance?

[autumn_again]

hey hows it going. i'm a 94-95 guy right now, but i looked at a 2004 roush stage 3 mustang this past saturday. if everything goes good, it'll be mine this weds.

still haven't talked to the insurance company yet so i'm guessing this car will be just a 2004 gt in their eyes.

i'm a hardworking 18 year old, with only one ticket on my record from over a year ago and nothing since. working 40+hours a week and looking to get a second job for nights. i'm not into street racing at all, going to be a daily driver, and once and a while a track car.

right now i'm paying around 1500 a year or so if i remember correctly, for liability.

is it safe to say around 4000 a year for full coverage? more? less?

 

[what9612]

im 20 with an 00 gt, no points. 170 a month under my own name

 

[autumn_again]

is that for full coverage?

i don't have any points right now. i had 3, but they just got dropped at the beginning of this month.

 

[CobraRed_96_GT]

21, no points, Mercury Insurance. $270 every 6 months - liability. I also save money in a separate account in case of a crash that's my fault. I don't need to pay a company to hold money for me.

 

[autumn_again]

21, no points, Mercury Insurance. $270 every 6 months - liability. I also save money in a separate account in case of a crash that's my fault. I don't need to pay a company to hold money for me.

yeah, i'm only having full coverage because i'm taking a loan out for it.

i'll be putting all my money into the bank that isn't being used for food gas or car. so once the car is payed off, i can take it off full coverage if i want to.

 

[isjoining]

22, one accident on record (will disappear this october) 2000 GT, full coverage im paying $177 a month.

 

[autumn_again]

damn, things are looking good then. i'm expecting the worse when i hear from my insurance company, but from the sounds of things i cant see it being that much more then what you guys are saying.

isn't 18-25 one single group for insurance rates?

i think 16-17 is a high risk group, 18-25 medium risk 26- low risk. or something like that. if anyone knows better on the subject feel free to correct me.

if my payments were like 250 a month or less that would be amazing.

 

[what9612]

yes it is for full coverage. when i was lookin up quotes online for a stang i almost didnt get one cuz of that. it was sayin like 300 a month. then i called state farm and they said 170 and then i was ready to get one.

 

[evil281]

im 19 and have full coverage for 150 a month for my GT

 

[darkside03gt]

$150 a month with renters insurance included. 25 no accidents no tickets in natzifornia.

 

[bobc83]

Wow?! I am 25 with a 2003 GT ....Full coverage from State Farm is $72 a month. Did I do something right? Thats both in SC and Illinois. I think 25+ is a whole different ball game.

 

[isjoining]

damn, things are looking good then. i'm expecting the worse when i hear from my insurance company, but from the sounds of things i cant see it being that much more then what you guys are saying.

isn't 18-25 one single group for insurance rates?

i think 16-17 is a high risk group, 18-25 medium risk 26- low risk. or something like that. if anyone knows better on the subject feel free to correct me.

if my payments were like 250 a month or less that would be amazing.

maybe, but when I turned 21, the insurance premium dropped around $30 a month for me. Even bigger drop should happen at 25.

 

[Winters98GT]

I pay around 400 a year for liability.

If you don't mind me asking, why are you willing to work 2 jobs at 18 to pay for cars? There are a lot of other better ways to invest that money. Sounds like with your work ethic, you could get yourself through school, have money left over and buy as many mustangs as you want within a few years. Cars depreciate pretty quick, especially mustangs. Just a thought though.

Good luck on the roush.

 

[d98gt]

Says the guy that is about to get a vette

 

[Winters98GT]

Says the guy that is about to get a vette

watch it there big guy.

btw, I have your bfg drag radials and prostars all ready for ya, you owe me a bottle of Jack though. Cya tommorrow bro!

 

[rabidscoobie]

Well im about to be 33 with no accidents,1 ticket and Ive been with Farmers Ins for the last 10 years and I pay about $95 a month with the mach 1 and about $10 a month cheaper when I had the 01 GT.Thats for full coverage w/$500 deductable.

Now since Ive been with Farmers for so long I get a discount,I took defensive driving about a yr ago so I get a discount for that.

Now at your age with insur in your name your gonna pay more.I remember when I was 16-21 and I paid for all my cars and insur....no mommy and daddy free rides for me.When I was in high school I drove a 85 Monte carlo SS and paid $240month,then I got a Z28 and paid $250mth...but when I was 20 and got my 92 TA I paid around $275mth with $1000 deductable...those amounts are insurance.

I also worked 2 jobs...alot of times they were both full timers too to pay for my cars,mods and all the other crap a teen wants.and sometimes I had 3 jobs.
Now that I look back on those times and everything I did to have those cars.....It was a very bad decision on my part.

WHY?

Because with me working all those hours I rarely got to really enjoy those cars and especially missed out on my younger years that I will never get back and I regret that alot.At the time I didnt think about it.

Now here is something else to think about also......
by the time I turned 25 I had become diabetic and now have nerve damage from that and permantly disabled.After talking with a specialist I had learned that I most likely progressed me becoming a diabetic by working those jobs because lack of proper rest,eating schedule or I should say lack of eating normal.Not only that but I would stay sick more often.
Now you all may be thinking I was one of those sickly kids growing up but honestly I was rarely sick with anything more than an upset stomach.I was very athletic,Cross country running(running the mile in about 5mins),and football.

Im not trying to talk you out of anything or preach to you,but I thought I would share my experiences with you.Its really something to think about since you have your entire life to work but only a short time to enjoy your younger years of freedom.If I could go back I would change all that.

And sorry for the long post and good luck.

 

[d98gt]

watch it there big guy.

btw, I have your bfg drag radials and prostars all ready for ya, you owe me a bottle of Jack though. Cya tommorrow bro!

When you get the c5 or c6, let me know when you want the npi auto to hurt its feelings

We'll be there with Jack in hand

 

[Drew0318]

I'm paying about $55/mo for full coverage on my '99 S281 ('99 GT in their eyes). But then, I'm 36, no accidents since 1990 and no tickets since '94.

Slight tangent: when I was in high school (circa 1990) I had an '85 Prelude. After a few wrecks and tickets, they jumped me to $455/mo for insurance. I sold the car a week later and didn't drive again until 1992/3.

Taking the bus sucks ass.

 

[flstang65]

full coverage on an 04 GT for $550 for 6 months

 

[lazerred02]

I pay $840 a year for full coverage with $250 deductable and that's for both Georgia and Michigan coverage. I am 27 with no points, last accident was 11 years ago...none since then. Insurance is with USAA.