$400 Quote???
I’m 23 and looking to buy my first car along with my first insurance policy. Until now, my car has been under my mom’s name on her insurance, which covers her and my sister’s cars. The first quote I received (from Carvana) is nearly $400 a month! I can’t believe it; my roommate only pays $200 despite having wrecked every car she’s ever owned. I’ve been driving since I was 16, have never had an at-fault accident, and I’ve only gotten one speeding ticket in the last five years. I haven’t spoken to anyone yet—this is just based on the online quiz for quotes. Seriously, what is going on?!
It sounds really frustrating to get such a high quote, especially when you have a clean driving record! Insurance can be super complex, and factors like your location, the type of car you’re buying, and your previous insurance history can all play a role in the cost. Since your car has been under your mom’s policy, they might not have enough information to give you a more accurate quote based on your driving history.
I recommend calling some local insurance agents; sometimes, they can pull in discounts or provide better quotes that online tools miss. Also, consider shopping around with different companies, as rates can vary quite a bit. Additionally, if you can, look into discounts for bundling insurance policies, being a good student, or other factors that could help cut costs. Good luck with your first car purchase!