I'm 18. Just started leasing my first new car. My insurance payment through Progressive is $472.92 a month, not including the first month which was $589.89. I have what I consider to be good credit for an 18 year old (right around a 740). I was driving a beater car under my parent's policy for 6 months. I live in a no fault state, and my parents will soon have two >3 year old cars on their insurance quoted at only $205 a month. Is there something I'm doing wrong? Will I be able to get a cheaper rate somewhere else?
January 03, 2017 at 01:47PM
