Insurance for a teenager?
 

Hey just wondering if anyone knows how much its gonna cost for me to insure a turboII fc. The year is either an 88 or 87. Ive checked on rbc and its gonna cost me about 700 dollars a month...:( Im currently 18, with G license, good grades (heard 70%+ averages gives better rates), driving school cert, and live in markham ontario. Im hoping someone would know a good insurance broker because im pretty sure i wont be able to be secondary driver for it. Anyways any help would be awesome!:icon_tup:

im 19 on desjardans i pay 469 currently, that started off at about 530 when i was 18. iv looked around and havent found anything cheaper yet, but if you do let me know.

+1 for Desjardins

Good grades? Nope, we don't care. Not unless you're a student living outside the home attending school more than 160km away from your parents and you don't have a car at said school.

Can you be a secondary? Maybe...

The laws for seconday drivers are basic math.

If you have 3 cars in your household and you have 3 drivers in your household, then you have 3 primary drivers.

If you have 3 cars in your household and you have 4 drivers you have 3 primarys and one secondary.

If you have 3 cars in your household and you have 2 drivers you have one person primary on two cars and the other person is primary on the last car. *here's the kicker* the "highest rated operator" (read 18y/o male) must be rated as the principal operator on the most expensive vehicle to insure in this scenario. So if dad owns a Ferrari and a Ford and you own a shitbox honda (no mom in this scenario) you're the P.O. on the Ferrari... PRICY.

For you to be a secondary driver you have to have more drivers than cars. No, mom or dad can't be P.O. on two cars and you be P.O. on zero cars.

Long and short of it, you're totally boned.

-Geoff

damnnn.... i couldnt do an online quote for desjardans, they didnt have an option for anything below 1996 for their website. I might call them up but its such a hassle...

Wow, you guys are paying crazy rates. Probably because I'm not paying for full coverage, but my insurance goes for $160 a month with Belairdirect. I'm 20 and in the richmond hill/markham area and primary driver for my 1993 FD.

Also a friend of mine I believe goes for government insurance, (I don't know what it is) but it is for a 1989 Turbo II with a rebuilt title and goes for about $180 a month. 21 and also in the same area.

1) There is no such thing as "Government Insurance" in Ontario. That's BC, Saskatchewan, Quebec(sorta) and perhaps N.B. (I'm not licensed in any province other than Ontario, so don't hold me to those).

2) 20 is not 18, nor is it 19. Richmond Hill/Markham is not Toronto. Insurance is an EXACT "science" What you pay at 20 in R.H./M has NOTHING to do with what someone else pays at 18 in Toronto. You could move across the street from where you live right now and see your rates go up $100 a month. For moving across the street.

The bane of my existance at work is "so and so drives the same type of car as me and lives sorta near me, why do they pay $100 when I pay $700?"

My brains begin to leak out my ear onto the phone when this happens.

-Geoff

I'm with Allstate, have 4 drivers in my household, and have 4 vehicles. My brother has signed a waiver stating that he will not drive my two vehicles under any circumstances (even life or death emergencies).

Just thought I'd add that in there as you would be able to sign a waiver stating that you would not drive said Ferrari.

And regardless of what vehicle you drive at that age, you will pay a ridiculous fee for it.

Furthermore, as I moved across the street (literally) I can testify to the difference in rates. This is why insurance doesn't make sense. I commute from Oakville to Brampton Monday to Friday but my insurance rate doesn't reflect this. Just because a person is living in one place doesn't mean that they're not in others.

(that's just me venting a bit)

100 a month = Belair
Age: 17
How: Waiver that states I can only use this car and none other cars (Even life or death) PM for more details im too lazy to type the rest

anybody else have an experience with belair insurance? it seems like too good of a deal lol, there must be some kinda catch for that. I tried the belair online quote but it said i gotta talk to someone for the quote. ill probably call tommorow and see what is going to happen.

I'm just giving a reference, just to give the OP some idea. I don't know about my friend but he told me that with his title, he couldn't find any company that would insure his car other than the "government insurance" so don't shoot the messenger! I'm sure downtown GTA has crazier rates than Richmond Hill/Markham area, but in addition to my last post I was insured since I was 17 and my rates varied between years ranging around $130-$170 a month.

Regardless, the Bel-Air website has some outrageous online quotes, they quotes my 93 FD to be $7000 a year online but after I got off the phone with them all they requested was to bring my car to a nearby shop for one of the mechanics to inspect it. Afterwards they call you back and give you a quote and bob's your uncle.

Go with BelairDirect. They were the cheapest insurance when I bought my car and continue to be 5 years later. Now that I'm 25, I'll probably find a better rate elsewhere so just waiting for renewal to start looking. But sub 25, I doubt there is anything better unless its some special insurance.

thewird

belair does not insure any car over 20 years old (they will continue to insure one if you had insurance before it was 20 yrs though)

You are correct, there is a policy change form OPCF 28 (not to be confused with OPCF 28a) which can exclude you from a specific car on the policy, thus allowing you to be a secondary in a 2 drivers 2 cars situation.

However, unlike the OPCF 28a, the insurance company is not obligated to offer the OPCF 28... you just have to hope your broker has a good relationship.

-Geoff

Interesting, makes sense though that they could refuse it.

just got to say this to rub it in... i pay $78 a year for my 82 gsl as a classic.

I've been hearing worrying stories about insuring RHD in Ontario, my friend has a RHD skyline with Desj. and he said they may be dropping his coverage when it's due for renewal and they stopped accepting new policies on nov 20.. Anyone heard any truth to this?
If I can't get insurance or it is too ridiculous of a price, it looks like I'll have a full time track FD instead of street.

Yep a guy I know just sold his skyline because his insurance was dropped and everywhere else was too expensive compared to what he had already. Not sure if every company will be doing this or just selected ones but it sucks for the people who have no reason to get dropped...
I say one day, everyone in Ontario should just cancel their insurance plans all at the same time, all within the same half-day. I hate the way insurance works because there is no logic behind it. Argue otherwise and I will call you a fool and not state a reason why.

I don't know how any of you justify paying such ridiculous amounts for insurance on a consistent basis, especially if you live in a city that offers decent public transit...

all to drive an older, temperamental car that is terrible on gas when gas prices are $5/gallon, right - makes perfect sense.

Take the bus, save $

says the guy who can't drive his FC because it has no engine LOL

Not to derail this thread but I didn't wanna have to make a new thread.

If anyone can answer, that'd be great.

Can I be on 2 insurance policies at once? I currently drive an 03 Jetta 1.8T, left it in my dad's name to get cheaper insurance. I'm the primary on it. Now I told my dad I'm getting a RX7 and he said I'd have to put that under my name and my own insurance since he can't afford another car under his name.

Can I still keep the Jetta under my dad's name/policy and the RX7 under a different policy? Or can I have my car under his policy?

I'd only use the 7 in summer weekends or days off anyway. I'd still use the Jetta to get to work all year round. I also have a seperate address I can use if that helps?

wrong. it has two engines...

they just arent in it, nbd

I'm 19 and I drive an '88 Toyota Surpa Turbo with my G2. I pay just about 400 a month (but I have a speeding ticket on my record lol, it used to be just over 300 a month..) The trick is to put the car under a parents name and/or have it under classic car or occasional use, or something like that...

The actual answer is, you can't have either car in your dad's name (presumably the insurance - registration is irrelevant) - as you said, you're in fact the primary on the Jetta, you certainly can't have a another car under his name. If you ever have a claim, you are going put both your's and your dad's ability to get coverage at risk. Your insurance needs to be under your name and your address (primary residence - where you live most of the time) - as Cloudpump pointed out, insurance rates are based on a large number of risk assessment factors, but primary are the primary driver and location.

In other words, the trick is to commit insurance fraud?

While I can sympathize with young drivers being subject to huge premiums, fraud is part of why everyone pays a lot, and young drivers in particular. Being insured for occasional or classic is fine, if you actually abide by the terms of the policy - which usually stipulate no to-from work/school and and very limited annual kms, for example.

iv found (tried it my self) that if you insure a car under your parents name with your self on the insurance. the sum of both partys monthly payment will total the same or very close to the same as if you had just insured it under your name with only yourself as the driver.

alot of people claim they get better rates this way because their forgeting that there momy or dady is paying the deducted amount. cloudpump, feel free to chime in on this for me as i may be wrong, but from my experience thats how it is.

also my 88 tii is cheaper to insure than my 88 gxl(insured as a gx because they dont have clasifications for gxl) tii ~460, glx 495. only liabilitys nothing more. no tickets affecting it.