Posted: 7/16/2007 4:10:17 PM EDT
| Does $2200 a year seem high for a 24 year old male driving a 2003 Hyundai Tiburon? I have one speeding ticket 3 years ago and one accident 5 years ago, that was not my fault. |
The Tib was white... the paint on the gas cap wasn't peeling, but it faded until it pretty much didn't match. I replaced the gas cap with the aluminum look one a little while before I traded the car in. I kinda miss the Borla exhaust... but the drone in the cabin got old. The Boxster is much quieter! |
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-age -male/female -driving record -credit history (29 different factors within credit report, NOT just the score) -PRIOR insurance coverage (no prior means higher risk) -type of vehicle (age, style) -use of vehicle (commute, occasional, pleasure use, etc) -# of claims (your fault or not it doesnt matter) -# of violations -coverages (liability limits, medical, UM, UDM, towing, rental, etc) -deductable (of comp/collision carried) -"extras" on policy -demographics/population base (urban vs rural, etc) All of these factor in to your rate. I suggest you "shop around" a bit and see how your current rate compares. But, stay away from the XYZ companies that are much cheaper than the rest because they are the companies that are first to deny a claim due to some rinky dink read between the lines rule in the policy. You dont have to worry about that with the "Big 5" (State Farm, Allstate, Allied/Nationwide, Farmers, American Family). They may be slightly more expensive, but the quality you get in return is far worth it. Trust me. 
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