Insuance Rates - What To Expect?
Question:
Im 19, Own a 2001 Mitsubishi Galant ES
Clean Driving Record
Got Some Parking Tickets To Pay Tho =/
I work in downtown Philadelphia... They are so agressive lol
Answer:
No, a 19 year old in Philly shouldn't expect a huge discount - or maybe not even a noticable change.
Parking tickets don't count.
Go Eagles.
Your parking tickets will have no effect on your insurance.
I doubt that your rates will drop too much, if at all; you're still in the highest-risk age group. Check your policy to see if there's a good driver discount that you're not already getting, or just give a call to your agent.
I wouldn't expect a drop in your rates until you turn 25.
It's a long ways off, I know, sorry. But the stats show you are still in an age group that has the most claims.
Keep up the clean driving record (your parking tickets don't count against your insurance) and you will see your insurance rates drop as time passes.
You can always quote it around and see if there are better rates out there for you. At 19 I would recommend trying Progressive.
Another way to decrease your premius is to raise your deductibles up, before you do that make sure you can meet that deductibe in the case of a big loss. Check the value of the car, if you feel like you could go out without physical damage coverage for your vehicle (liability only policy) you can do that. Before you do that feel confident you have enough money in the bank to buy a new car should your car get stolen, totaled in an accident, etc...
Good Luck.
I'm 23 in Columbus, Oh. I didn't have any rate drops worth bragging about until I turned 22 and 23. Then I was very happy.
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