Insurance Prices

95GTS · 08-23-2001, 05:54 PM

At 23 your insurance is still going to be pretty high. Especially on a 99 Cobra. Your insurance is figured on the price of the car and the hp of it, mainly, as well as other things. If it was a GT it's one thing, but a Cobra, that's another and the insurance companies know it. Your insurance starts to go down considerably at 25. Geico is a joke, too. Check with American family. Everyone will be high on a new cobra. A GT will be cheaper but will still be on the high side because it's a new sports car and your age. But with full coverage you shouldn't have to be more than $150/month for a new GT as long as your record is clean. I sure wouldn't think over $1000 every 6 months (about $167/mo). My dad's been an American Family Ins. agent for about 30 or so years so I know a bit about that stuff,

.

Also, if only your name will be on the title then your insurance will have to be in your name (primary driver). If your dad's name will be on the title with or without your name as well, then your dad can be put on as primary driver and your insurance will be alot cheaper. But your dad's name MUST be on the title (either his alone or both his and yours) in order for the car to be insured in his name. And you drive the car

. See works out pretty nifty, eh?

------------------
1994 Red SVT Lightning #2019

[This message has been edited by 96GTS (edited 08-23-2001).]

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08-23-2001, 05:54 PM	#6
95GTS Git jiggy Join Date: Oct 1999 Location: MO USA Posts: 865	At 23 your insurance is still going to be pretty high. Especially on a 99 Cobra. Your insurance is figured on the price of the car and the hp of it, mainly, as well as other things. If it was a GT it's one thing, but a Cobra, that's another and the insurance companies know it. Your insurance starts to go down considerably at 25. Geico is a joke, too. Check with American family. Everyone will be high on a new cobra. A GT will be cheaper but will still be on the high side because it's a new sports car and your age. But with full coverage you shouldn't have to be more than $150/month for a new GT as long as your record is clean. I sure wouldn't think over $1000 every 6 months (about $167/mo). My dad's been an American Family Ins. agent for about 30 or so years so I know a bit about that stuff, . Also, if only your name will be on the title then your insurance will have to be in your name (primary driver). If your dad's name will be on the title with or without your name as well, then your dad can be put on as primary driver and your insurance will be alot cheaper. But your dad's name MUST be on the title (either his alone or both his and yours) in order for the car to be insured in his name. And you drive the car . See works out pretty nifty, eh? ------------------ 1994 Red SVT Lightning #2019 [This message has been edited by 96GTS (edited 08-23-2001).]