Talk to Me About Car Insurance

[hulk311]

Ok, so I've got a general car insurance question. How much does the average age population for a particular vehicle affect the car insurance of that vehicle? Here's what I'm getting at: next year Ford SVT is coming out with two hot hatches that both interest me, Ford Focus ST (252 horsepower and 270 lb-ft of torque, 6 speed manual) and Ford Fiesta ST (178 hp and 177 lb-ft of torque, 6 speed manual).

Do you guys think both cars will have high insurance rates due to the fact that they both will be rather cheap (probably $18,000 to $24,000) and do you see a lot of younger people driving these cars? For cars like SRT-4 neon, SS Cobalt, etc. did those cars have high insurance rates or no? I'm 30 by the way so I think I would be in a lower insurance bracket anyways.

 

[1engineer]

Ok, so I've got a general car insurance question. How much does the average age population for a particular vehicle affect the car insurance of that vehicle? Here's what I'm getting at: next year Ford SVT is coming out with two hot hatches that both interest me, Ford Focus ST (252 horsepower and 270 lb-ft of torque, 6 speed manual) and Ford Fiesta ST (178 hp and 177 lb-ft of torque, 6 speed manual).

Do you guys think both cars will have high insurance rates due to the fact that they both will be rather cheap (probably $18,000 to $24,000) and do you see a lot of younger people driving these cars? For cars like SRT-4 neon, SS Cobalt, etc. did those cars have high insurance rates or no? I'm 30 by the way so I think I would be in a lower insurance bracket anyways.

Here are some things that affect car insurance premiums:
Sex
Age
Credit Score
Driving Record
Physical Location
Marital Status
Type of vehicle
Age of vehicle
Options on Vehicle
Milage you Drive
Type of Insurance

Good luck.

 

[BrianSD_42]

It differs from company to company.

Here is an example from my own USAA experience.

Several months ago I switched from a 2001 4CYL automatic Camry ($7000 car) to 2006 265 HP BMW 330i manual w/ sport suspension ($18k car).

My insurance went up only $8 / month . They told me that it didn't matter how many doors the car had or if it was a manual. I am sure they know difference between an M3 and a 330i but USAA didn't care about 325i auto vs 330i manual.

 

[Kung]

What brian said. I can say it's a lot cheaper to insure a car that does NOT have a lien against it, than it is to insure one that's paid off. (Duh.)

It's always boggled me that trucks seem to be a LOT more expensive to insure, though.