1. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    The cost of auto insurance on a 23-year-old will vary depending on where you live and the type of vehicle you are buying. Also, your driving record will impact the rate.

    Of course, if it is a newer vehicle, the rate would tend to be higher than compared to an older vehicle. Also, a married person will pay less than someone who is single.

    So...how do you find out the cost? As brokers, we research and compare rates from top-rated carriers so you get the best deal. Typically, the process only takes a few minutes, and applications can be handled online very easily.
    Answered on May 13, 2013
  2. 1370 POINTS
    Jack Heller
    Owner, Insurance Browser,
    Insurance Companies price their product without truly knowing what the costs will be. In doing that they look at hundreds of variables to determine a pricing outcome to present to you.In fact it is not uncommon for a specific carrier to have millions of price points in a state. So with that caveat let me try to be more specific. An important piece of the rating will be how long have you been driving? Any tickets or accidents you have ? Whether you live on your own and rent, or are part of a family account with your parents, Or married or single. So it is best to try and get an agent or company to understand your personal situation and then the vehicle that you need to insure.Don't overlook the use of the vehicle. This a very important rating factor. If you commute, be sure your agent or company knows how often you do that. and how far away form your residence you travel. And if you are a student be sure to mention that you have a grade average of a " B" or better, if you do. Advise as well, about any drivers training you took in the last several years. What we see today is greater segmentation of blocks of similar, but different exposures and one thing that you might not realize is that carriers often even price your age in six months increments, meaning you get a better price at 23 than 22 and one half.
    Answered on December 18, 2013
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