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.

How come none of you see a problem with paying $400+ change for the ability to drive a car that is 20 years old...

Toronto is rape.

I feel bad for you guys, my two cars cost me a grand total of 80 bucks a month, my rx7 is an '88t2 and my daily is a 2004 Toyota matrix xrs. I'm 22 for reference and have had several tickets.

^^ damn americans... lol jk, but yeah toronto is kinda gay, and we cant really do anything about it. @2fierce maybe to you it might not be worth it because its a 20 year old car but at the end of the day, its worth it to alot of other people because youre driving something you love =) Id much rather pay 300-400 to drive a fc than pay 150 to drive a damn civic LOL

haven't actually insured the rx7 yet, but quotes have been around 40 bucks a month as a secondary car. 27, pretty spotty record, not near a big city

I have literally tonnes of tickets and a few claims (more then 3)
That was 6 years ago, so my rates are acceptable now. Im using a local broker called mls insurance... They are reasonable... I paid about 2700$ with them a year about 3 years after i had all my driving troubles..

They quoted me at 11,500$ a year to start, but simple reasoning and paying the full amount in one shot lowered ot drastically.

Point is, its a pain, it takes a lot time, effort and sometimes evening sitting down with your broker and explaining your situation before you will see results.

I even had to not drive for a year due to high premiums. If your patient and reasonable it will all work out eventually.

6 years after all my crap and i now own brand new f150 and pay less insurance then i did a year ago one way on a 2000 focus with 375k

To be honest I actually do abide by a few of the rules... for example I don't ever drive it out of the GTA, the car is garage parked overnight and in the winter. The only thing is I do use it for daily use lol. But I was quoted about $700 a month for me to a primary driver on it, which is just ridiculous!

Moral of the story: Call a broker. Everyone's situation is different and most companies don't rate things exactly the same for each factor they take into consideration, which is stupid because a lot of companies lose business by being excessively overpriced for the exact same coverage you can get for half if you take the time. When I got my FB there were some brokers that wouldn't touch the car due to it's age, which is honestly stupid. If it can be legally driven on the street there is no excuse to not insure it. It got to the point that my first question was "How old of a car will you insure?"

i have a 1990 GXL and I'm with Johnson and Johnson, it was $210/mo before i turned 25 and its been in storage from before my birthday so i don't know what my active price is going to be. but I know that Johnson and Johnson is pretty good. When i tried to register my 88 AE with them when i was 19 it was about $340/mo

Put car in parents name. Change address to friends, or your buddies student address. Profit.
You dont live in the househiold, you dont need to be on the policy. Bingo.

^^Why even get insurance at all if you totally fraud it? Come claim time, your carrier will deny and drop you like a hot potato.

Because in toronto, if you get into a small fender bender you probably wont report it.

I'm not advocating their stupidity, I'm just beating them to the punch...line

Wow. I hope no one follows this advice.... when you get caught its fraud and that means that you and your parents will no longer be able to get market rate insurance for 7 to 10 years.

suck it up and drive what you can afford. I paid 400 a month for 4 years with a cavalier, we all have to do our time with the insurance company's.... face it when your a new driver you suck at driving, no matter how good you think you are you still don't have the experience to recognize and avoid dangerous situations and other stupid people.

sure i might not be the best driver, but ill say im sure im way better that most of the clowns i incounter on a daily basis. who have never had the opurtunity to really learn the breaking points of there cars and what to really do in a tough situation. who go 80 on a perfect night on the highway, hit one tiny piece of crap and hurp da durp smash there crapy civic into everyone else.

sorry that was just my rant. i only wish there was a way to prove your a skilled diver to inurance companys, rather than just having them say, you 19, you stupid and dive nice car. hahahaha you pay $3937474. while dumbo who is 35 had 3 at fault accidents only pays 80 a month.

i just dont get this world.

I loled at that. But u sir speak THE TRUTH!

companies* i found a million more mistakes but I'm tired.

Why not prove to people you're educated?

If you have a degree most universities give you a discounted group rate for insurance.

^ not the case anymore... I asked 3 different companies if having good grades and a university degree mattered; they said nope. Mind you I don't actually have my degree yet but I'm past 1st year.

by joining this association in 2nd or 3rd year of school, or anytime thereafter for that matter, we get group insurance haha

I haven't actually gotten a quote or anything for it though. I think discounts are given to groups who purchase insurance through a company rather than just having a degree. And all insurance companies are able to give discounts based on whatever they decide such as good grades, or whether or not you use snow tires, or winter wiper blades.

Reading about some of the rates you guys pay, makes me cringe.

But , thinking of it, in the past when I was 17/18 payed a hefty sum to insure a car.

The things we do , ( my recommendation, take the bus, borrow mom dads car, play alot of GT5 or forza and when your insurance is a little less ( aka 21 or 22 ) . get the car with all the money you have saved.

^^ LOL ive been doing that for the past 2 years now =P

Charles, its not about having good grades.

When you have a degree from a real school they have group policies for graduates. You have to get insurance through that policy. As with all things there are limits and stuff, but it's usually cheaper.

Regardless, my point is spending 400$ a month for insurance is ridiculous.

If you take the bus instead of drive thats 1200$ a year in Toronto, lets throw in 100$ in cab fairs a month just for emergencies, $2400 a year.

Still half the price of $4800 for insurance...not to mention gas and repairs. Realistically your talking 7k to drive per year.

Now, let's do that 18-24, 7 years.

$49,000 vs $16,800

^it's not rocket science.

$5000 fine if you don't have the slip. But those are easily printed off anyway.

I have a friend who was paying $650 a month for his 97 honda civic. This may seem ridiculous but for a guy who was working all over the place in southern ontario it was still cheaper than paying for a taxi or taking 3.5 hours out of his day to make it one way using public transit. I'm not saying it's the best alternative but the only few for some.

It's easy for us to look back in hindsight and say we were idiots for paying that much or that we should have got a cheaper car to insure. The reality is, if we all went back in time, we would all pay it because we're car people, and we're stupid as heck when it comes to what we'll do for our cars. Also the difference between insuring a 1990 ford taurus station wagon compared to insuring a 2005 corvette is going to be negligible.

Also if you have the time, call different agencies yourself and save a few hundred bucks. If your really looking for the cheapest rate, a broker is a waste of money.

As long as we're forced to pay something, we'll never be happy with it, whether it's taxes, gas prices, food prices, or our insurance rates.

See this is why I don't keep track of what I spend on my car. :lol: I was much happier 45 seconds ago before I read that.

Here's my issue with the bus and other forms of public transpo.

The drive from my house to school takes on average between 15-30 minutes depending on when I leave for class during the day. For this argument let's consider early morning classes right at 8:10am during which I get medium traffic (going east from Ajax to Oshawa - not 1/2 as bad as going west). I get up at 630 and am on the road by 7:20 to get to school at about 7:50 with enough time to scrounge through parking and into the class.

Now my second year I tried taking the bus because we get a very good deal with our student transit fee of $120/semester for anywhere to anywhere in Durham using Durham Transit. This is less than I was spending on gas in a week in first year since I was working in Toronto in the evenings and driving the Rx-7:blush:.

Route:---------------------Bus Time:--------------Car Time:
House->Go station--------~35 min---------------~5 min
Go-> School-------------~45min-1h-------------~20 min

Total:---------------------80 - 95 min--------------25 min

This doesn't take into account the time needed to walk from my house to the bus stop and wait in the rain, snow, freezing cold, etc., nor the fact that a number of my classes run until 10pm, and the bus back leaves at 9:45 or 10:20. So either I have to leave class early or wait 20 mins MORE to get home. Add to this that I can also leave the school and go other places anytime I want and a car almost becomes necessary.

Granted, in the city this becomes a lot easier as the buses run more often and you usually don't have as far to go.

Now that I'm driving a brotege which uses half the fuel the Rx-7 does I'm finding it harder and harder to justify putting it back on the road for DD use.

Reading this makes me appreciate Alberta so much more. 22 years old, my 02 jetta is 700 a year as my primary vehicle and my 93fd is 550 a year.

To the grades thing.... State Farm has a "Good Student Discount" that drops the premium a bit...

http://www.statefarm.com/insurance/a...nce/on_can.asp

Scroll down

This is only a short term solution that will just delay the inevitable. If the car is anything but under your name, you'll have to recorded driving record and when you'll HAVE to get insurance under your name, you're rates will be high again. We all go though that phase of paying high rates, get it over with now while the only bill and expenses you have now are your car. I've only been in the military going on 2 years now, and being 31, I'm typically one of the older Pte's (should of been a Cpt, but that's a rant that's irrelevant here) and there's many of my friends and co-workers in the forces that are getting vehicles, although some it's not their first, a fair amount it's their first time having a car under their name and there's a big difference in rates, almost double, and still expensive rates for bring in Quebec.