Young driver insurance
Thread Starter
Intermediate
Joined: May 2005
Posts: 41
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Young driver insurance
Hey guys I'm new to the forum because I am thinking of selling my Mustang and coming over to the darkside 
. I am 18 now but by the time I buy the corvette I will be 19. Right now my insurance is somewhat reasonable for a Mustang convertible at a little less than 150 a month. What am I looking at paying when I switch to the Corvette?
. I am 18 now but by the time I buy the corvette I will be 19. Right now my insurance is somewhat reasonable for a Mustang convertible at a little less than 150 a month. What am I looking at paying when I switch to the Corvette?
Race Director
Joined: Jan 2003
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From: Houston, Tx Got traction?
CI 5-6-7-8-9-10 Veteran
St. Jude Donor '07-'08
I'm paying just a hair over 200 a month for my insurance. But that came down from when i was driving a convertible Rx-7. You're just going to have to ask your insurance company what they're going to charge you, because it depends on so many different variables.
Chris
edit- best of luck on the new ride! and congradulations on seeing the light!
Chris
edit- best of luck on the new ride! and congradulations on seeing the light!
Team Owner
Joined: Aug 2004
Posts: 24,129
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From: The Beautiful Pacific Northwest
St. Jude Donor '05-'06-'07-'08-'09, '14-'15-'16-'17-'18
Way too many variables to answer. What's your driving record? Where do you live? Where is it parked? How far do you drive? Are you a student or do you work? Live with parents or alone? On parent's policy or on your own?
Good luck with the purchase.
Good luck with the purchase.
Burning Brakes
Joined: Jun 2004
Posts: 1,220
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From: St. Robert Missouri
I would imagine it will be quite steep. Some companies give discounts (if your in school) for a good GPA, and sometimes a Drivers Ed / Defensive Driving Course. It may be a good idea at this point to list a parent as the primary driver. Beyond that, the best advice I can give is to shop, shop, shop. 
Race Director
Joined: Nov 2003
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From: Indianapolis IN
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17
Originally Posted by Red Racer
Way too many variables to answer. What's your driving record? Where do you live? Where is it parked? How far do you drive? Are you a student or do you work? Live with parents or alone? On parent's policy or on your own?
Good luck with the purchase.
Good luck with the purchase.
and welcome to the Forum Good luck with your shopping; there are a lot of nice C5's for sale out there.
Safety Car
Joined: Mar 2004
Posts: 4,703
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From: Don't taze me 'Bro! VA
No way to answer this intelligently. My advice is ask your insurance agent. That's his/her job you know!
I can tell you it's going to be more expensive if for no other reason than the Corvette is a higher symbol (rating scale) than a Mustang.
I can tell you it's going to be more expensive if for no other reason than the Corvette is a higher symbol (rating scale) than a Mustang.
Pro
Joined: Aug 2004
Posts: 743
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From: Orlando, FL (UCF)
2017 C6 of the Year Finalist
Cruise-In VI Veteran
I'm also paying alittle over $200 a month but thats for my vette and my DD. I've been paying that since I got my vette about a year ago when I was 23.
Later,
Max
Later,
Max
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Race Director
Joined: Oct 2002
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From: Gone
CI 6-7-8-9-10 Veteran
St. Jude Donor '03
Originally Posted by 99GTvert
Hey guys I'm new to the forum because I am thinking of selling my Mustang and coming over to the darkside . I am 18 now but by the time I buy the corvette I will be 19. Right now my insurance is somewhat reasonable for a Mustang convertible at a little less than 150 a month. What am I looking at paying when I switch to the Corvette?
. I am 18 now but by the time I buy the corvette I will be 19. Right now my insurance is somewhat reasonable for a Mustang convertible at a little less than 150 a month. What am I looking at paying when I switch to the Corvette?Insurance rates are so unpredictable, no one here could give you a concrete answer. Location and driving record are everything when it comes to determining rates.
I would say though, chances are good a C5 will cost about the same if not less to insure than a V8 Mustang 'vert. The C5 had a very good rating as far as cars go, and you'll probably be pleasantly surprised at the rate you get quoted.
Premium Supporting Vendor
Joined: Oct 2004
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From: Manassas Park VA
St. Jude Donor '07-'08,-'13-'14, '16-'17
My insurance was more than my car payment until I turned 25 and got married...now it's more like $120 per month for 3 cars! Who said getting older is not the balm!
Peace
Willfulone
Peace
Willfulone
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Thread Starter
Intermediate
Joined: May 2005
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Originally Posted by pewterwest99
I am 20 yrs old with 1 ticket on my record for speeding. I am in Houston, Tx. and my insurance actually lowered when I switched from my '01 Mustang GT Convertible to my '99 Corvette Coupe. 
Team Owner
Joined: Aug 2004
Posts: 24,129
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From: The Beautiful Pacific Northwest
St. Jude Donor '05-'06-'07-'08-'09, '14-'15-'16-'17-'18
Originally Posted by RedRider98
Damn, I guess this is one case where being "old" is a good thing! I am 30 and my insurance on the Vette for full coverage and 250 deductibles is only $53 a month!
I thought you said you were "old."
Guess we 50+ year old guys are downright elderly...
Drifting
Joined: May 2004
Posts: 1,917
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From: Tulsa OK
Originally Posted by Red Racer
Hey RedRider98,
I thought you said you were "old."
Guess we 50+ year old guys are downright elderly...
I thought you said you were "old."
Guess we 50+ year old guys are downright elderly...
I should have said "getting older"! Being married and over 25 has at least one advantage!
Race Director
Joined: Jul 2002
Posts: 11,522
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From: Sterling VA
You should be able to get an online quote within minutes at Progressive.com. It will at least get you in the ball park. Your insurance cost will likely drop precipitously when you move to NC. There's a positive.
Burning Brakes
Joined: Nov 2003
Posts: 829
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From: Katy TX
Originally Posted by KKu77
You may be surprised. From what I've heard, Mustang convertibles are more expensive than a vette due to the higher risk/class based on general demographics. Call your insurance and check it out
Safety Car
Joined: Jan 2005
Posts: 3,896
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From: Manchester - Political correctness is tyranny with manners.
Originally Posted by Red Racer
Hey RedRider98,
I thought you said you were "old."
Guess we 50+ year old guys are downright elderly...
I thought you said you were "old."
Guess we 50+ year old guys are downright elderly...
