Car and Insurance selection (new driver)
Hello,
New driver here (G2), over 30. I did a post a few weeks ago and received a lot of great advices on models of cars to chose from; at that time I was set on an SUV to bring the family around, but with Covid and the uncertainty to keep my job, it wouldn't be reasonable cost-wise.
So I sat down with the wife to revise our requirements for a car. We never drove before, so we might not have a "comprehensive" vision of the automotive world, technical details etc... we are reading to get educated.
This is my reasoning when it comes to choosing a car and an insurance. But please feel free to give advices if you have any.
1. Vehicle
Our criteria are:
- Buying Used
- Around 70,000 km
- Must have a rear/parking camera
- Must have a digital speedometer (we find it easier to read)
- Looking for a sedan type if possible
- Safe, reliable
After doing my homework, I concluded that a 2016 Honda Civic would be a perfect fit for us. It looks roomy, affordable, packed with safety technology for us beginners, reliable and easy to find used. But then I called my insurance company for a quote, which brings me to point 2.
2. Insurance
My insurance company is quoting me $416/month for a 2016 Honda Civic. While this could be the going rate for a G2 licensee with no previous driving experience, I find it too high so I am working on hammering this number down.
Questions
1. Are there any insurance companies, notorious for having good rates (even though the coverage might not be great)? I am calling around now for quotes but happy to hear recommendations.
2. I am not sure what criteria insurance companies use to make a vehicle cheaper/more expensive to insure. What other vehicles should I consider that will help bring my quotation down?
So far according to my insurer, the cheapest would be:
- Volkswagen Golf
- Mazda 6
- Mazda 3
- Honda Civic (2015) instead of 2016 -> quote would go down to $381/month
Thank you for reading!
New driver here (G2), over 30. I did a post a few weeks ago and received a lot of great advices on models of cars to chose from; at that time I was set on an SUV to bring the family around, but with Covid and the uncertainty to keep my job, it wouldn't be reasonable cost-wise.
So I sat down with the wife to revise our requirements for a car. We never drove before, so we might not have a "comprehensive" vision of the automotive world, technical details etc... we are reading to get educated.
This is my reasoning when it comes to choosing a car and an insurance. But please feel free to give advices if you have any.
1. Vehicle
Our criteria are:
- Buying Used
- Around 70,000 km
- Must have a rear/parking camera
- Must have a digital speedometer (we find it easier to read)
- Looking for a sedan type if possible
- Safe, reliable
After doing my homework, I concluded that a 2016 Honda Civic would be a perfect fit for us. It looks roomy, affordable, packed with safety technology for us beginners, reliable and easy to find used. But then I called my insurance company for a quote, which brings me to point 2.
2. Insurance
My insurance company is quoting me $416/month for a 2016 Honda Civic. While this could be the going rate for a G2 licensee with no previous driving experience, I find it too high so I am working on hammering this number down.
Questions
1. Are there any insurance companies, notorious for having good rates (even though the coverage might not be great)? I am calling around now for quotes but happy to hear recommendations.
2. I am not sure what criteria insurance companies use to make a vehicle cheaper/more expensive to insure. What other vehicles should I consider that will help bring my quotation down?
So far according to my insurer, the cheapest would be:
- Volkswagen Golf
- Mazda 6
- Mazda 3
- Honda Civic (2015) instead of 2016 -> quote would go down to $381/month
Thank you for reading!
