$400 Quote???
I’m 23 and getting ready to buy my first car along with my own insurance policy. Until now, my car has been registered under my mom’s name and covered by her insurance, which also includes my sister’s cars. The first quote I received from Carvana came in at nearly $400 a month. I couldn’t believe it—my roommate pays $200 and has totaled every car she’s owned! I’ve been driving since I was 16, haven’t had any at-fault accidents, and only got one speeding ticket in the past five years. I haven’t spoken to anyone yet; this was just an online quote based on a quiz. But seriously, what in the world??
It’s definitely shocking to see such a high quote when you’re coming from a family plan and have a clean driving record! Insurance can be really tricky, especially for first-time buyers. A few things might be driving that quote up: your age, being a new policyholder, and maybe even the type of car you’re looking to insure.
It’s definitely worth talking to an agent; they can help clarify why the quote is so high and see if there are options to lower it—like discounts for safe driving, bundling policies, or choosing a different coverage level. Additionally, consider shopping around with different insurance companies; you might find a better rate elsewhere.
Also, if you haven’t already, think about getting quotes for different types of vehicles and coverage plans. Sometimes, opting for a car that’s cheaper to insure can save you a lot! Don’t get discouraged; it’s a learning process, and you’ll find something that fits your budget. Good luck!