More Insurance Questions

[InstantRice]

How much does insurance drop when u hit 18? my dad want to get me a U.S. mitsu evolution for my graduation gift but i really dont want to get it if insurance is going to butcher me. Can someone give me an example of how their insurance droped at 18?

[Tino]

a point

[ninjak84]

Mine didn't drop one penny, I don't know why it even would....?It drops around 20-25, but I don't know about 18.Best thing to do is ask an insurance agent though.

[AZhitman]

ninjak's right. 18 isn't a magic #, it may even go up, as most 18-year olds drive more miles.

Depends on your record, but that Evo should jack it up pretty high...

[eniety]

Yeah, 18 doesn't mean anything. I think 25 is the big number. I also think that your insurance may go down a little once you have had your license for 3 years.

[InstantRice]

i just heard from all my friends their insurance plumited at 18. I guess it is 3 years of driving insurance.

[Tino]

mine went down a point after driving a year, ha! what coincidence a year ago today I got my license from kastapo.

[Bubba1]

Depends more on the insurance company and your individual policy. Many companies have their first major price break at age 25. Though age is just one of many factors that go into calculating rates. Other factors include deductible amounts, your driving record (accidents/tickets), where you live, how far you commute, the car itself, (age/model/value) model's tendency to get stolen (Accords are higher than a Voyager), it's safety equipment (ABS/airbags/Lojack), good student discounts, other policies with the same company (like home, life etc), marital status, gender. Lotsa factors...

[240SXy]

Yeah, in Texas girls get a rate drop at 21, guys at 25. It sucks. But, for some strange reason my insurance went down when I got my 93 240SX, my previous car was an 87 Integra.?.

[InstantRice]

thats the safety record of the car i guess.