Question about insurance



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  1. #1

    Re: Question about insurance

    im 24, i pay 160 a month for comprehensive + fire and theft. its all because of my age though, my friend is a year older then me and he pays 65 a month, same company same clean record.

    by the way I went with statefarm td quoted me 2800 for the year.

  2. #2
    Pan's Avatar
    Join Date
    Apr 2011
    Location
    Waterloo & Burlington
    Posts
    138

    Re: Question about insurance

    no surprise in the quote, it is reasonable
    i am 20 (with m2 for a year) and pay 1900 for a ninja 250

  3. #3

    Join Date
    Apr 2012
    Location
    Whitby
    Posts
    3

    Re: Question about insurance

    best thing to do is call around, also if you stick with a certain company for awhile with a clean record they will give you the best rates they can. Just to give you hope, I just got my M1 approx 30 days ago, I'm 29 and have been with state farm since I was 16, bought a 2011 ninja 250 3 weeks ago and I pay just over $400/yr. (full coverage)

    Another trick to look into for you younger drivers is any kind of multiline discount the insurance company may offer, when I was 17 and had my first car I signed up for the cheapest life insurance policy I could get with the company and the discount I got was more than the price of the life insurance policy which dropped my rates overall.

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