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  • 1996 - 2004 SN95 Mustang -General/Talk-

What are you paying for insurance??

  • Thread starter Thread starter ArkansasMystic
  • Start date Start date Mar 3, 2007
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ArkansasMystic

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Feb 16, 2007
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Mar 3, 2007
#1
  • Mar 3, 2007
  • #1
I am considering getting a mustang, late 90's model. Im 18, and have had one wreck (my fault) back in November. However, the insurance company (farm bureau) said that my insurance would not go up as long as i have no more accidents or violations. I trying to decide between a toyota 4 runner and a mustang (i know, big difference). Insurance is going to determine which i get. I was just wondering your cars year model, your age, and what you pay per month for insurance. Thanks a lot.
 

whyask

New Member
Apr 4, 2005
735
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45
Sacramento
Mar 3, 2007
#2
  • Mar 3, 2007
  • #2
288...Im 27 with 4 speeding tickets since I was 16 and 1 accident 50/50....california rapes us very good
I have a car payment so the company requires me to have FULL COVERAGE...if not it would be 103 a month
 
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ArkansasMystic

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Feb 16, 2007
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#3
  • Mar 3, 2007
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I am going to pay cash for whatever i get, so i will more than likely (depending on price difference) just carry liability. Also, please add what coverage you have, i forgot that in the original post. Thanks.
 
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WillDuhhBeast

New Member
Jun 25, 2005
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Jacksonville Florida
Mar 3, 2007
#4
  • Mar 3, 2007
  • #4
I have a 93 mr2 turbo with PIP and my 2003 mustang gt which is financed with full coverage. I have gone to jail for street racing, but in florida the insurance can't hold that against you if you've paid your dues. So with that being said, I have one ticket, and I'm 20. I pay 255 a month for both cars.
 

XxMustang281xX

Member
Jun 9, 2004
194
0
17
Everett, PA
www.cardomain.com
Mar 3, 2007
#5
  • Mar 3, 2007
  • #5
$308 a month, liability. Almost 17 with 1 wreck.
 
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02TruBlueGt

Member
Aug 22, 2006
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Mar 3, 2007
#6
  • Mar 3, 2007
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1800 every 6 months so that makes 300 a month 3 pts and 3 accidents and im 20. Parents policy though. On my own it would be around 450 a month ... ugh
 

RedHorse04

New Member
Sep 29, 2006
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Mar 3, 2007
#7
  • Mar 3, 2007
  • #7
holy crap how do u guys aford that. I pay 75 dollars a month for full coverage on my 04 gt. I am married and 25 though, but I always had mustangs and never payed that much.
 
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flyboy86

New Member
Dec 5, 2006
94
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Vance AFB, Enid OK
www.americanmuscleregistry.com
Mar 3, 2007
#8
  • Mar 3, 2007
  • #8
I'm 21 (actually I don't turn 21 til midnight tonight, but close enough), and I pay 150 a month. I'm also in the military though, and USAA is a very good deal.
 

5.0's 4 ever

The #1 Stunna
Founding Member
Jan 22, 2000
5,794
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76
Orlando, FL
Mar 3, 2007
#9
  • Mar 3, 2007
  • #9
Im 24, no accidents or tickets, full coverage $500 deductible.

My cobra is $74 a month and my toyota tundra is $71 a month.
Insurance is always going to be expensive just because its a mustang.
 

tjmaxx

Member
Jun 21, 2004
157
3
19
Mar 3, 2007
#10
  • Mar 3, 2007
  • #10
$35 a month full coverage but considered a seasonal car It's under my dads name so im sure it would be horrible under mine being 18.
 
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ArkansasMystic

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Feb 16, 2007
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Mar 3, 2007
#11
  • Mar 3, 2007
  • #11
I think i can get it in my parents name on their policy. Still, i dont think i can afford 200-300 per month. Keep the resonses coming, thanks.
 

BennyBlown2v

New Member
Dec 9, 2004
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Carmel, INdiana
www.indycarz.com
Mar 3, 2007
#12
  • Mar 3, 2007
  • #12
$1800/6mo... And I'm not the primary on the policy either... Only 1 ticket on my record, and 0 points on my license, it's been that high since I was 16. My dad has the policy through his work, some corporate partnership with Allstate or something, but yeah, AS sucks the big one. Pretty much that's the big reason I was gonna sell the car, can't stand getting raped every year for $3600!
 

XxMustang281xX

Member
Jun 9, 2004
194
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Everett, PA
www.cardomain.com
Mar 3, 2007
#13
  • Mar 3, 2007
  • #13
switch to nationwide. on my saturn, im paying 1250 every 6 months, on nationwide its not even 500/6months.
 

droid#83853

carfax for friendship
Dec 30, 2006
28
0
0
Beating my car to death with a tire iron
Mar 3, 2007
#14
  • Mar 3, 2007
  • #14
Damn. I am 26 with one ticket. My car is insured/registered in Washington state (long story), with full coverage and 500 deductibles. Washington has higher rates for some reason. Maybe all the drunks and uninsured drivers here. I don't know. I pay out $140/mo. In Virginia adding max coverages and protection I couldn't get it over $100-110/mo. The same plan I have in Washington is only like $81/mo in Virginia. Some states are higher than others, but I know vehicle age is a factor too. The Toyota will be just as bad as the Mustang. Maybe even more. I figure for liability you'd be paying in the mid-100's.
 
A

ArkansasMystic

New Member
Feb 16, 2007
43
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0
Mar 3, 2007
#15
  • Mar 3, 2007
  • #15
The mustang would be around a 98 or 99, 4 runner would be 96 or 97 more than likely. I will try to find out what it costs for me on the 90 4 runner so i can see how much more it will be. Do you think it would be much cheaper on a v6 mustang?
 

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,260
17,944
224
Massachusetts
Mar 3, 2007
#16
  • Mar 3, 2007
  • #16
26 years old (tomorrow), no tickets, no accidents, no nothing on my record.....


$1900/yr on my 2003 GT
 

mustangkid05

New Member
Mar 10, 2006
199
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0
Mar 3, 2007
#17
  • Mar 3, 2007
  • #17
i drive with none
 

SaleenGT2001

Well-Known Member
Jul 18, 2005
2,811
4
58
42
Four Oaks NC
Mar 3, 2007
#18
  • Mar 3, 2007
  • #18
$85 a month, 23 years old, no tickets on record
stang is the 5th vehicle on my policy
 

Nathen4.6

New Member
Mar 1, 2007
34
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Central Florida (352)
www.myspace.com
Mar 3, 2007
#19
  • Mar 3, 2007
  • #19
I have a 2000 Sunfire and a 2002 Mustang GT. With progressive I pay $300 a month for full coverage on both. I'm 23 and unmarried though. you cant even compare rates with someone over 25 because thats your first big insurance break. But I also am still gettting a good student discount. I have 2 no-fault accidents and 1 speeding ticket. All from like 2004 so they should be off my insurance by mid year. The best rates ive seen on car insurance are American Family and Progressive, but I have a fact most people don't know! I used to work for an insurance company, and insurance companies are all starting to use CREDIT SCORES for insurance now. The better your credit the better your rate. So just a heads up for those sub-18yr olds out there.
 

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,260
17,944
224
Massachusetts
Mar 3, 2007
#20
  • Mar 3, 2007
  • #20
Nathen4.6 said:
you cant even compare rates with someone over 25 because thats your first big insurance break.
Click to expand...


I loved my $20 insurance break when i hit 25
 
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