it pays to race on the track not the street.

 

yeah go for a third gen, my iroc is only 86 a month on my own.

 

Viking INS.....
$78 monthly
Full coverage
96 SS
i am the primary driver.....
keep it on the track........

check em out.......

 

Hey leave the kid alone, he just asked a question, theres no need for the poor attitude.

 

The insurance companies, as a general practice, will set rates according to age, time licensed, driving record, type of car, and even yor credit report.
In your case you are being hit for:

1) Being 16 years old and under 25 years old
2) Having been licensed for less than 2 years
3) Surcharged for insuring a high performance car
4) Any moving traffic violations (different penalties for different tickets)
5) Any at fault accidents
6) Not having established a credit rating
7) Any comprehensive claims, such as fire, theft, trees falling on your car, etc..

All these charges, except for #7, apply to both liability insurance, which is mandatory on most states, and to collision insurance, which pays for collision damages to your car when you have an at fault accident, usually required if you take out a car loan.

In your case this adds up to a huge bill. You can save money by getting an older car that does warrant taking out collision and comprehensive. Do not get any tickets, drive safely, get a car that is not considered high performance, a six cylinder Camaro instead of an eight cylinder, take a drivers ed course in school, saves big bux till you reach 21. Restrict your racing to a drag strip or race track. Keep your car looking and sounding stock, you want to be in stealth mode to avoid being stopped by cops for minor infractions. You can also save money by having an adult member of your family register an insure your car in his/her name, and list you as an occasional driver. This way you can get multiple car discounts. Insurance is a big bite till you turn 25.

 

dude i pay over 600 a month for insurance, so i dont wanna hear it

 

Yeah, I can understand how you feel. I went through the same deal, but not quite as bad you. As NJ has the highest rates in the country. I am just telling CamaroDude16 what to expect when he goes to buy insurance.

 

just got the bill today for next month its $607, and thats Geico...which was the lowest i could get

 

When I was 18, insurance just for a '97 V6 was $125/month, and that was liability only. Now I am 23 and pay $260/month for a '02 Mustang GT. No tickets either.

 

It depends on where you live bud, because i swear someone just posted they pay over 900 a month for full coverage. That what i call gettin stiffed.
I have a 2000 SS and i pay 185 a month for full coverage. And if your like i was, insurance wont stop you from getting, as we all know one of the best cars ever made.