Is my car insurance quotes high?

Question

I'm 24 (male) got my licensed not a while ago (Oct 2005 so it still less than 3yr) live in Malden, MA. My car is Camry 2007(brand bought it on June 2007)

This third year renewal will be July 11 2008 to July 11 2009 still $3085. My insurance is $3085, it haven't change much since the first year..

*body injury to other $20K perperson/ 40K per accident

*100k per accident (property)

*8K personal injury protection

Answer 1

That sounds awfully high, I also say shop around. Progressive saved me about 50% on my insurance

Answer 2

Holy c**p!!! I'm 25 and drive a 2005 Tahoe 4x4 and i don't have a clean record and i only pay $1200 a year with AIG and I have great full coverage. If i didn't have an accident on there it was only going to be $800 a year. Turning 25 wasn't a big change either it was the same when I was 24.

Answer 3

For automobile insurance the obvious way to get a very good rate is do a rate comparison on auto policies. Make certain that you compare similar options with the same deductibles, car make, zip code, etc so that all things are a good comparison.



What I usually recommend is an online comparison quote at http://www.lowratetoday.com since they have big name insurers and can give several prices on car insurance polices.

Answer 4

You can't really compare yourself to everyone else as their area may be cheaper or more expensive than yours, their history might be different, there are a lot of different factors that goes into the rates. Check this site out though http://www.ez-insurancesearch.com they'll give you some good info and quotes from top providers in your area, so you can compare your rates to the ballpark figures you get from actual providers in the area. Good Luck!

Answer 5

There are many factors that determine your insurance rates.  Age, driving experience, driving record, the type of vehicle you're insuring and the type of coverage that you need.  Rates vary from state to state as well as varying amongst rating 'territories' within your state.  I'm not familiar with rating practices in your state as I'm only licensed in NY.  However, absolutely "shop" for quotes in your area. Many times you can qualify for a lower rate by having kept continuous insurance and switching to a new carrier.  If MA is like NY, you should also qualify for a better rate once your license is three years old and you should also experience a reduction at age 25.  You may wish to consider switching your policy at the time your driving experience has reached that 3 year mark - or - at least switch to a 6 month policy at your renewal in July so that when you renew then in January, you'll have that three years in.   In NY 'inexperience' (less than three years driving experience) equates to about a 20% surcharge on liability and collision coverages.  I can tell you that Toyotas can be more costly to insure than some other similar type vehicles, which may be part of the reason your rates are slightly higher.  You can also consider taking a "Defensive Driving" or "Accident Prevention" course which, in NY, is a 6 hour course and is good for a 10% discount on liability and collision for three years from the date of completion.  

hope this was somewhat helpful and good luck!  :)

Answer 6

try http://www.CheapInsuranceFREEQuotes.com and get a quote from them . . .

Answer 7

Get higher deductibles.

BTW,  "k" is an incorrect and poor symbol for 1,000.  If you insist on using a symbol, use "m" for 1,000.  It is correct

Answer 8

Guess it is too expensive.

I pay 80$ per month for my 2006 Toyota Campry. Here is my insurance policy - http://carquotes.sinfree.net

Answer 9

You need to shop around to see what you can get.  No one can tell you if it's high or low because so many things determine insurance that you don't know about.  Also why would they lower it if you keep paying it?  Shop around and get quotes and see of they will lower to match.  That does seem pretty high.