Teen driver and car insurance?

I am 17 years old and am looking to buy my first car. I have found a 2002 Buick Rendezvous CX that I am very interested in. The only problem now is insurance...With my car insurance company, Liberty Mutual, it will be close to $800 every 6 months! That is A LOT of a teenager or for anyone to be paying. That is also being under my parents policy which has the best coverage. What can I possibly do to "finagle" a lower price? I know that the car should be registered as "pleasure" driving, I have good grades, took Drivers education...what else can I do to try and lower my payment every 6 months? If there are any tips, please help me! Also, at what point does a car not need collision?

Public Comments

1. You have an excellent rate, under $135 a month at age 17 for a car considered to be a sports model is very good.
2. NOPE! It is your age and lack of driving experience that is the issue my dear. That will change when you prove yourself as a good driver as time goes by. but the law and insurance is standard in all states. Nothing you can do! It discourages new drivers because it is geared toward safety not discrimination. I feel your pain, but we all went through the same thing at your age! sorry and good luck driving safe!
3. you could try and shop around but your issue is your age and you wont get it lowered until you are atleast 25, it;s just the way it is. Even if your parents register the car and insure it, the insurance company will want ever license number for drivers in the house. and they will raise your parents rate. 1600 a year sounds reasonable. I have had friends that went up to 2400$ because they didn't do drivers ed. Think about it. Check other companies but it's the price you pay to drive.
4. At this point it would seem that only a clean driving record will help lower you rates for this car. If you want lower rates now- the solution is to drive a car that insurance companies consider to be lower risks. While the ride may not be as fancy, you could afford to drive it. I would rather be able to afford the insurance on a car and drive it, then have to park the car till I can insure it to drive. Take your pick.
5. Call every company you can think of for a quote. They can vary a great deal. Collison is what is going to cost you big time. Buy a beater car with cash. You no longer need collison when you no longer owe a bank for the car.
6. The only way to reduce your payments would be to get an older car. Try buying a pre-2000 car and don't buy collision coverage.