Car Insurance Estimate – Looking to buy a car but need to know if I can afford insurance.?

18 year old male
License 2 years
1 accident rear ender >$1000
Fulltime student at Virginia Tech where car will be the majority of the year
Employed
No tickets.

I’m looking for a sports car like a Mustang but if the insurance is too outrageous then I’ll just get something else.

Thanks for anyone’s help!

OK from the information that you provide I can tell you that the insurance is going to be kind of expensive.Male under the age of 25 usually get charge a lot more.License for at least 3 yrs could make it a little lower.The accident give you points which makes it a little more expensive, if you had prior insurance for at least 6 months with a laps of 30 days or less can get you some kind of discount.What kind of coverage do you want?(Liability or Full coverage)that makes a very big difference on the price too.Some times some insurance companies does not cover sports cars or convertible cars. Just need to look around for the best price.
Prices:Liability could be $188.00 down payment and $163.00 monthly payments. For basic full coverage it could be very expensive.

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