Young Owner's insurance

Discussion in '1965 - 1973 Classic Mustangs -General/Talk-' started by foxpunk50, Jun 21, 2006.


  1. foxpunk50

    foxpunk50 New Member

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    I just got a 1970 Mustang Grande with a 351W. The problem is, I cannot find an insurance company that will give me reasonable features since I am only 16 yrs old. I am about to sign on with Hagerty with me being a secondary driver. However, the company wants my dad to write a letter to them stating that I will never drive the car without him being in the Mustang with me. Hagerty seems to be the only co. that I can find that will actually write a policy because the others that i have looked at won't write one b/c I am below the age of 26. If there is anyone out there that knows of a company that will give me features that beat Hagerty, I would GREATLY appreciate you letting me know about it.
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  2. RedGTvert

    RedGTvert Founding Member

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    Hate to say it, but good luck finding any company that will underwrite you. One of the downfalls of being young.

    Is this going to be a daily drive or true classic?
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  3. 85 Turbo Bird

    85 Turbo Bird Founding Member

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    check out 21st. They were going to charge me ~$150/6mo for a 68 V8 coupe, but that'd be a second car on the policy and I'm growing old at the age of 24 :(

    Edit - If you go with them let me know so I can give you my info and tell them I reffered you :D
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  4. foxpunk50

    foxpunk50 New Member

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    "Is this going to be a daily drive or true classic?"

    I'm expecting to drive it every once in awhile to school and some other places but definitely not daily.
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  5. foxpunk50

    foxpunk50 New Member

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    It just seems strange to me that they have the YO club (young owners) in Mustang Monthly and Mustangs and Fords so i would assume that the teenagers in there have some way to get insurance. I will check 21st though and see what they can do for me.
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  6. 69Rcode_Mach1

    69Rcode_Mach1 Active Member

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    I have mine listed so that they think my mom is the primary driver, cause I am only 19. It is also listed as driven infrequently I pay $170/6 months. I have had too many tickets too, cause my insurance for the 5.0 on full coverage costs me $330 a month. Luckily I am paying it off and dropping it to liability only which will put me at $140/month. I am with ANPAC. I am shopping around right now, I hate insurance!!!!!!!
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  7. RedGTvert

    RedGTvert Founding Member

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    Remember, most classic insurance policies do have certain restrictions, although it may be tough for them to prove you didn't meet them. The only way I guess they can find out is through state inspection records. Here in Florida, that would not be an issue, since we have no vehicle inspections at all.
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  8. PJx5x

    PJx5x Member

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    im 17, and have a 68 coupe V8 insured as a daily driver. costs about $115/month with a clean record through State Farm
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  9. Cobain03

    Cobain03 Active Member

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    i insured mine as soon as i turned 16 with hagerty. you have to have one car per licensed driver not including the classic, and not drive it daily, although there were no restrictions. i have it as a stated value of 14k and its 140 a year. im 18 now, and still with them. oh and btw, it helps to have good grades!
    #9
  10. Cannoball888

    Cannoball888 New Member

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    Of all the states I've ever lived in Florida has more moving junkers on the road than any other (Ever see planes, trains, and automobiles?). Yeah, I feel really comfortable knowing that I'm on the road with moving vehicles that have bald tires, no horn, no lights, and no working brakes. Gee, I wonder why Florida has some of the highest insurance rates in the country. I'm through venting. Thanks for listening.
    #10

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