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Is buying a sports car going to completely destroy my insurance rates?
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05-14-2008
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Is buying a sports car going to completely destroy my insurance rates?
Quick run down - I am 22, I work full time, go to school part time, I've had multiple tickets on my record but they were all 2-3 years ago and I will refinance my insurance to deal with that later. Currently I drive a '98 Toyota Corolla and my insurance is $3000 a year (tickets). I am planning on buying a Mazda RX-8 coupe this summer. Will this completely murder my insurance costs? I have Allstate. How much would this really affect my insurance, given my situation. Roughly?
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05-15-2008
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Your premium will definitely go up because you're a 22 year old male and you're buying a new sports car. Why are you buying an RX-8? Save some gas and $.
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