Is this good insurance prise for my Porsche Boxster?

Question

I am getting a porsche boxter... Im 16 and i live in a small town in ontario.

I am going with td canada trust for insurance.

This will cost me a monthly fee of 233.17!

It put it as my mom as the 1st driver and me as the second.

The anual fee is $2798 which i will pay my mom in cash.

What i want to know is if in theory I got in a car crash and i was the one in the car, whould i have the same coverage because im the secondary driver?

Answer 1

i couldnt tell you if it was a great price or not considering i dont know what everyone else is offering you, if you visit http://www.COMPAREusINSURANCE.com then you can find out if you have the best policy for the money you are spending.

Answer 2

keep shopping around to find a good deal for a few days then find what offers better coverage for a better price then purchase.  its a good idea that youre asking questions and resarching though.

Answer 3

I think that $233.17 for your age and that car is an awesome deal. It's good that you are on your parent's insurance because that easily saves you $50-$100+ a month.  It's also good that you are listed as the secondary driver.  That car is very expensive to insure and since you just started driving, I would consider yourself lucky to be getting such a good rate. Are you a good student (B average or better)? Ask your insurance company if they offer any good student discounts (most do). I am pretty sure you would have the same coverage as the secondary driver. If you have any questions about your coverage you should contact your insurance company.

If you are unsure if that's the cheapest rate you can get, I would go ahead and do some research and compare quotes from at least 3-5 different companies along with your mom's company.  The site below is a great resource because it allows you to compare quotes for all of the insurance companies in your area for free.

Good Luck! Hope this Helped!