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Elementary School-Aged Kids
Reply to "Car for teenager"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]With geico, we are spending $3200 with 3 cars. Thst includes a 2014 crv and 2014 civic. A $2500 quote for insurance for a new car is ridiculous.[/quote] How much did it go up when you added your teenager? What were you paying before if you don't mind me asking[/quote] we were paying about $150/month w/o teenager, went to $199/month with teenager but no 3rd car and $279 with 3rd car. We were with Nationwide but they wanted $660/ month with the 3rd car. We switched all our insurance to Geico. We had to because they wouldn't allow us to have an umbrella policy w.o car insurance. We also have a $1000 deductible on our cars which keeps costs down. New cars cost more to insure because the are worth more. Add in the teenager and you get the higher costs. Having an older car, in most cases, you are deciding between better safety features, repair costs and reliablity (different for different cars) vs higher insurance costs. For us, safety and realiability won out. http://www.dmv.org/insurance/teen-guide-to-car-insurance.php Here are some other ideas to help lower costs. [/quote]
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