I currently have USAA under my parents, I’ve just turned 18, and my going rate for years was $395 per month. Not sure if it will go down since I’m no longer a minor, but if it doesn’t, I was told to find an independent agency/broker to find the absolute cheapest plan, I need something that the bank will approve of since I’m financing a car though. Just not sure where to start.
Posted by No_Control_5469
2 Comments
395 a month? That’s expensive, have you been in accidents or tickets? And why are you financing a car at 18, why not pay in full with cash for a beater.
Nobody knows. Also insurance has to do with credit, underwriters, your history, your parents history, claims in the area, accidents in the area, labor cost for repairs, if the car you’re getting is technology heavy. You alone will be higher than your rate with parents