How much can i expect to pay for insurance?

Question

Hi, Well im about to finance a Mercedes-Benz C300 and wanted to know how much should i expect to pay for insurance. Im 19 by the way, have a credit score of 710, dont know if insurance companies look at scores, but finally, this will be my first car. Hope that helps. Thank you!

Answer 1

Why would you finance a car at 19?!?!?!?!?   PAY CASH for a good used car.

Answer 2

Well, it will probably be about $1800-$2000 a year.  It is a classy car, expensive to fix, and you are under 25.  

Not much going for you to reduce insurance rates.

I'd go to Gieco.com and get comparisons or is it Progressive.com  - they will compare multiple insurance venders and compare for you.  Good luck.

Answer 3

i pay $92.00 for full coverage with infinity

Answer 4

There is no ONE insurance company that is right for everyone - everyone is rated individually - and all companies have different "likes and dis-likes", different credit tiers, different business models, and many other factors that can vary your rate - and a QUOTE is ONLY a quote until the policy is issued.

Typically, insurance rates will vary from State to State and can even vary by ZIPCODE! It also will depend on the type of car/truck, coverages, limits of liability, and driving record. Some companies run credit scores and MOST run a motor vehicle report and CLUE (Comprehensive Loss Underwriting Exchange) report to see about undisclosed accident involvement.

The best thing to do is call a LOCAL independent agent. Don't go across town, or to some other city - look for someone CLOSE. Just look in the phone book for the PIA or Big I (Trusted Choice) logos and you will find a professional licensed agent that will be able to help you solve your insurance problems, and give you rate comparisons of several different companies.

An independent insurance agent will normally have a dozen different companies and if he cannot help you, he should be networked with other local agents that can.

In my agency, we have companies that do NOT run a credit score and welcome drivers with "less than perfect" driving records and specialize in youthful operators!

Most of the replies on this site say "go to this on-line carrier or that on-line carrier or that 1-800 number" but I'm sure that when you do, you will find some impersonal computer user with a script to work from and you won't be able to talk with the same person every time you have a problem!

Good luck, drive RESPONSIBLY and I hope this helps!