Car Insurance Under 25

Anonymous · ‎10-27-2018

As my handle shows, I'm a student. Unfortunately I'm still under 25. Soon I'll be moving for work and will no longer be able to stay with my parents' car insurance company as they are regional.

Does anybody have a recommendation for car insurance? I checked USAA and their premiums seem on the high side (~$200/mo). I selected high deductibles and high coverage limits.

Thanks!

Anonymous · ‎10-29-2018

I was reading an article on a FIRE blogger's site the other day that recommended using The Zebra to compare rates.

Also see if any accounts/memberships you have (or have access to) offer discounts with any of the popular providers.

Np1791 · ‎10-30-2018

@Anonymous wrote:
As my handle shows, I'm a student. Unfortunately I'm still under 25. Soon I'll be moving for work and will no longer be able to stay with my parents' car insurance company as they are regional.

Does anybody have a recommendation for car insurance? I checked USAA and their premiums seem on the high side (~$200/mo). I selected high deductibles and high coverage limits.

Thanks!

Who told you you couldn't stay on your parents policy? Are you going out of the country or? Also is the vehicle under your name?

As of 11/28/2018

Anonymous · ‎10-31-2018

@Np1791 wrote:
@Anonymous wrote:
As my handle shows, I'm a student. Unfortunately I'm still under 25. Soon I'll be moving for work and will no longer be able to stay with my parents' car insurance company as they are regional.

Does anybody have a recommendation for car insurance? I checked USAA and their premiums seem on the high side (~$200/mo). I selected high deductibles and high coverage limits.

Thanks!
Who told you you couldn't stay on your parents policy? Are you going out of the country or? Also is the vehicle under your name?

Generally auto insurance is by state. I stayed with the same company moving from FL to NY, but I had to cancel my FL policy and sign up with their NY division.

Anonymous · ‎10-31-2018

Progressive has been the least expensive for me personally. USAA was nearly 2x more expensive than Progressive with similar coverage. A few nice things is USAA obviously takes AMEX for payments but Progressive does not. Progressive gives a discount if you PIF for a policy and USAA does not.

Np1791 · ‎11-01-2018

@Anonymous wrote:
@Np1791 wrote:
@Anonymous wrote:
As my handle shows, I'm a student. Unfortunately I'm still under 25. Soon I'll be moving for work and will no longer be able to stay with my parents' car insurance company as they are regional.

Does anybody have a recommendation for car insurance? I checked USAA and their premiums seem on the high side (~$200/mo). I selected high deductibles and high coverage limits.

Thanks!
Who told you you couldn't stay on your parents policy? Are you going out of the country or? Also is the vehicle under your name?
Generally auto insurance is by state. I stayed with the same company moving from FL to NY, but I had to cancel my FL policy and sign up with their NY division.

Not entirely. It is depending on where the vehicle is registered. That is why I asked if the vehicle is under his parents names. I work for Allstate and with us the vehicle must be under the name insureds name and must be registered to the current state we are in. So if he goes to another state but the vehicle is under his parents name and is still registered under the previous state then he cannot get insurance in the new state.

As of 11/28/2018

Kree · ‎11-02-2018

Ironically, we can't make recommendations without knowing which state OP is in, because not all insurance companies insure in all states.

Schwartzinator · ‎11-04-2018

As someone also under 25, I feel your pain. I moved from Oregon to California and couldn’t keep the Framers insurance I had under my parents policy so I spent about two hours comparing quotes and settled on Geico—which I thought was the best deal even though they didn’t seem to care about the renters insurance policy I opened with them.

Well, turns out State Farm started getting really generous when talking about bundling multiple policies together. I now pay the same monthly cost (~$280/mo) with far higher coverages and an umbrella policy to boot.

Take some time to review all your options and discounts you’re eligible for.

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Anonymous · ‎06-22-2019

@Np1791 wrote:
@Anonymous wrote:
@Np1791 wrote:
@Anonymous wrote:
As my handle shows, I'm a student. Unfortunately I'm still under 25. Soon I'll be moving for work and will no longer be able to stay with my parents' car insurance company as they are regional.

Does anybody have a recommendation for car insurance? I checked USAA and their premiums seem on the high side (~$200/mo). I selected high deductibles and high coverage limits.

Thanks!
Who told you you couldn't stay on your parents policy? Are you going out of the country or? Also is the vehicle under your name?
Generally auto insurance is by state. I stayed with the same company moving from FL to NY, but I had to cancel my FL policy and sign up with their NY division.

Not entirely. It is depending on where the vehicle is registered. That is why I asked if the vehicle is under his parents names. I work for Allstate and with us the vehicle must be under the name insureds name and must be registered to the current state we are in. So if he goes to another state but the vehicle is under his parents name and is still registered under the previous state then he cannot get insurance in the new state.

I just got a policy written in my destination state, and it will be in full force before I register the car there. (It is still under my parents name and policy.)

Anonymous · ‎06-22-2019

@Schwartzinator wrote:
As someone also under 25, I feel your pain. I moved from Oregon to California and couldn’t keep the Framers insurance I had under my parents policy so I spent about two hours comparing quotes and settled on Geico—which I thought was the best deal even though they didn’t seem to care about the renters insurance policy I opened with them.

Well, turns out State Farm started getting really generous when talking about bundling multiple policies together. I now pay the same monthly cost (~$280/mo) with far higher coverages and an umbrella policy to boot.

Take some time to review all your options and discounts you’re eligible for.

This worked out really well for me. I ended up going with USAA and with bundling (including renter's and umbrella) it came out only a little more expensive than the best rate from any of the big names for the same limits. Though I am often very frugal, the knowledgability of their representatives gives me a greater peace of mind.