Insurance costs for your MP5?

Well don't think it gets that much better when you are older. I'm 43, single, no tickets or accidents and pay $900 a year. With 27 years of licensed driving experience you'd think I'd get a break.
 
this is really confusing, today I got the letter from statefarm again with canclelation letter due to speeding tickets.
 
$1400/6mon for full coverage with State Farm.

This isn't basic 10,000/20,000/10,000. I have 50,000/100,000/50,000 with 500 deductable and roadside and rental.

23 yrs old (not married) in Miami, FL.
 
Wow.. I see people paying $100-200 per month.
I had State Farm insurance and they were charging me $2500 a year for only liability on a 92 Cougar that I had at the time.
Anyway, I got rid of that car and on to the P5.
I switched to NJ Manufactures. Now I pay $237 a month.

Keep in mind I have had
NO Speeding Tickets...
NO Accidents...
NO Points...
NOTHING...

I hear that when I turn 25 (i'm 23) that I can expect a pretty decent reduction in cost..

*Crossing my fingers*

I know that NJ is one of the worst states for car insurance but I keep feeling like I am getting rolled...
 
Sheesh, and you live in Toms River, not exactly a hotbed for theft and vandalism :). Generally speaking though, you're (according to those smart insurance guys at least :rolleyes: ) in the worst bracket--early 20s male. If you say, had a pair of funbags, I'm sure it would be significantly less (again, why I don't understand when 20yo young ladies regularly fly by me in their Celicas on the Turnpike).

As soon as I hit 25 my insurance did drop significantly (I'm 28 now), though, so just hang in there for a couple of years :D
 

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