Originally Posted by speedbuggin

Well, I told my dad about my car insurance price the other day and he thought it was outrageous/ridiculous. I have Progressive, but my dad said that I should get a quote from his company and a few others to compare. Part of the reason my insurance is so expensive, IS because of my age(I'm 23), past speeding tickets(I don't speed anymore, these tickets were from a few yrs ago when I was practically a different person), an accident from almost 2yrs ago, and the fact that my car is financed. Having an address that includes "Roosevelt Blvd" in it doesn't help either, considering that Roosevelt Blvd is a traffic-heavy highway and home to two of the most dangerous traffic intersections in the country(Grant/Roosevelt and Red Lion/Roosevelt). Neither do my zipcode's(19124) statistics for car theft in recent years. As far as the guy with the sportscars, he did not mention his age, driving/accident record, or how good his credit is; all these factors could explain his lowered rate. By the way, how much does credit score affect insurance rates? Progressive did a "soft inquiry" on my credit when giving me a quote. Until I purchased my new car's financing, I didn't have much credit established and I wonder if that could be another factor to explain my high rates.