Am i paying too much for insurance?
I have geico policy with 251 a month. I drive a 2010 honda accord coupe and its financed. Its red color. No tickets or accidents and i'm 19. I got my liscence when i was 16. Isn't it too much most people pay less than a hundred a month
No. If anything, you are paying too little. In many places, a person your age can't get insurance that cheap. The price of insurance is based on your age and where you live. Obviously, if you're paying that little at your age, then you must live in a place where insurance costs less than in places where a person your age would have to pay $1000 a month or more. But you still have to pay more, many times more, than an older person would pay. Insurance for a person under 20 typically costs more than three times as much as it does for a person over 25 in the same place, so if you are paying only $251 a month, then you're right that most drivers where you live pay less than a hundred, because most drivers pay less than 1/3 of what drivers under 20 years old pay.
Most people are not 19 years old and drive what is considered a sports car. However, you might want to shop around - you might be able to save a few hundred dollars.
That's not bad at all. You probly pay more because the car is a 2 door, not a 4 door car. And, because you are young. Call and ask how to get extra discounts like multi-car, multi-line, good student, good driver, ect. And any other discounts they offer.
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