insurance






 

Question by  manikandan40 (7)

is it normal for a car insurance to be around $500.00 a month?

I feel like my car insurance is excessive at $500.00 a month.

 
+7

Answer by  TheAnswerFairy (2345)

Car insurance rates depend on countless factors, like driving record, kind of car, age, gender, credit history, etc. If you think you are paying too much, you can quickly and easily find quotes from a lot of different companies online. You can also pay less if you choose a higher deductible.

 
+6

Answer by  Darry (3853)

Unless you are driving an extremely expensive car or have been involved in many traffic violations or wrecks you are paying far too much for car insurance. You should expect to pay somewhere between 100-300 a month depending on your location and current situation.

 
+6

Answer by  Rubberchicken (819)

Unless you drive a Ferrari, have multiple DUIs, and several teen drivers in your home, you are paying way too much. Shop around with several other carriers to compare rates and switch once you find a better rate.

 
+5

Answer by  bitchstewie (489)

Yes that seems very excessive unless you have a DUI or several accidents and tickets on your records. Shop around for a better prices.

 
+5

Answer by  John (9008)

It depends upon your age, driving record, the type of insurance and your vehicle. This amount does seem high for just liability if you have a clean record.

 
+5

Answer by  Mike39 (320)

Car insurance can be expensive for a young male who has a history of accidents and traffic violations especially if he lives in a big city and drives a new luxury car. Having said that, $500. 00 a month seems like too much to me. Ask your insurance agent if there are ways to lower the cost.

 
+4

Answer by  bumblebee (313)

The amount of your car insurance is dependent on a few factors. The first factor is your driving record, if your record is good you will have lower rates. The type of vehicle, year, model & make and safety features also impact the rate of your insurance. The best thing to do is get quotes from a few companies.

 
+2

Answer by  dariand (21)

For car insurance to be around 500 dollars a month you probably have been in one or more accidents that were your fault. It is not normal for a good driver to have insurance costing over $500. 00.

 
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