Am I paying too much for Car Insurance?

I'm a 24 year old that got a speeding ticket in 2013.
I just bought a 2008 Chrysler 300 and I'm paying $900 every 6 months for Insurance.

What do you think? Good deal bad deal?

Would trading that car in for another car around the same age, like an 08 Honda Accord or Civic be cheaper or about the same?

Just wondering thanks.

I'm paying less than that for full-coverage insurance on THREE cars. Of course, I'm a bit older than you, married and haven't had a ticket in more than 10 years…

Bottom line… NOBODY pays exactly the same for car insurance. There are too many variables that go into each insurance policy. If you shop around a bit you MAY find something a bit less expensive, but when you compare prices make certain you are comparing the same coverage. It's easy to give a lowball price quote when you cut out certain coverages that you SHOULD have.

Insurance rates depend on so many factors that it is impossible to say that you're paying too much for you, your driving record, where you live, the type of car, etc. Etc. The best thing you can do is simply call several insurance companies and get rate quotes. All will be different.

Most Honda Accords cost more, does not matter the year, since it is the most popular vehicle to be stolen. The Honda Civic "might" be cheaper than your Chrysler, but, to trade in, would need to put title in the new car, then buy another, and then put title in another car, and that would cost more in excise fees/taxes.

Your speeding ticket won't go off your record till 2016, which is 3 years for any ticket/accidents. So, just sit tight, till next year, when the 3 years run, and may see a reduction in your rates.

You bought a luxury car expensive to fix, and your young.a honda would probly less than half.