Question: What is the cheapest auto insurance company for young drivers?

(Posted by: Ben on 2010-03-11 10:20:57)

I'm a 19 yr old male buying a 94 ford escort. what is generally the cheapest insurance company? i got a rate of 445 for 6 months. take it?

Posted by: Nick on 2010-03-14, 11:59:01

That is a pretty cheap quote but you should always make sure that you cant find anything cheaper because if you settle for that and then later you find out that you could have done better then you will probably want to kick yourself for settling for what you did. It doesn't hurt to look for cheaper especially when you have access to the internet and there quotes on there is free. You should try to use the link below to see if they can find something cheaper for you they usually have a good reputation for finding cheap quotes especially for young people and a lot of the times they can get you more for your money in comparison to what you may find locally. If you really want the cheapest quote then you will try the link below... Good Luck!!

Posted by: David W. on 2010-03-11, 10:26:33

There is no "one size fits all " cheapest company, so if that's the best you've found, go for it. However, if that's for state mimimum limits (usually 25-50-10), it's false economy and NOT nearly enough protection. Spring for a few extra bucks and get them increased so your'e covered better.

Posted by: C13H18N2 on 2010-03-11, 10:53:10

That's pretty low. I was paying $120 per month with Allstate when I was 19. If the coverage is good you won't be finding anything a whole lot cheaper. Maybe $5 or so less if you're lucky. I'm 23, drive a '93 Camry and have no tickets or accidents, I pay about $57 per month through Geico.

Posted by: Carson on 2010-03-15, 06:43:53

Ben At first glance your rate looks pretty good, but I don't have all the factors involved in giving you good feedback. You can get free quotes from different companies at the site below to help you make a comparison. Best, Carson