How much will it cost for a teenager to insure a Mustang?
I really want this car, but everyone keeps telling me I won't be able to afford the insurance. Is there a way to know ahead of time what it will cost? For reference I am 17 and have had my license one year.
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Answered on Jun 15, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.
“Car insurance companies use statistics to help calculate their rates, and unfortunately being young and an inexperienced driver weigh against you in terms of cost. In addition, insuring a performance vehicle such as a Mustang will add to the price tag, since the cost of repairs will be significant in the case of an accident.
If you’re set on this car, you can compare quotes online to get the best rate. If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. This free app can collect quotes from up to 45 top insurance companies in seconds. “
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