My 20 yr old son and I fell in love with the new 05 Mustang. We first laid eyes on the concept at last years NAIAS in Detroit. After seeing the car in person, I convinced my son that we should buy the V6 Mustang with automatic tranny so that his older sister (22 yr old) could also drive it.
This week, I called my insurance broker to get a quote on this vehicle. It would be titled in my daughter's name and have my son as occasional driver. Both myself and my wife would also be listed as occasional.
The quote came in at $4500 for the v8 and $4100 for the V6. I was flabbergasted.
I refuse to be ripped off by these unscrupulous, greedy insurance companies. Both my kids have perfect driving records, having driven for 6 yr and 4 yrs respectively. Both took driver educational courses including classroom instruction. Yet, the insurance companies only see a 2 door sportscar being driven by twenty-year olds.
I will not pay this extortion money. I will shop around for a different vehicle until I feel satisfied. What can I do?
This week, I called my insurance broker to get a quote on this vehicle. It would be titled in my daughter's name and have my son as occasional driver. Both myself and my wife would also be listed as occasional.
The quote came in at $4500 for the v8 and $4100 for the V6. I was flabbergasted.
I refuse to be ripped off by these unscrupulous, greedy insurance companies. Both my kids have perfect driving records, having driven for 6 yr and 4 yrs respectively. Both took driver educational courses including classroom instruction. Yet, the insurance companies only see a 2 door sportscar being driven by twenty-year olds.
I will not pay this extortion money. I will shop around for a different vehicle until I feel satisfied. What can I do?