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Where can I find cheap car insurance on a leased Honda Civic Si?
I'm 18 years old, and I've had my eye on a Honda Civic Si. I've decided to lease this vehicle. Where can I find cheap car insurance?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you want to lease a vehicle, you may find that the insurance is far more expensive, especially as an 18-year-old. When you lease a vehicle, the vast majority of dealerships require you to get
comprehensive coverage
for the vehicle. This is the most expensive insurance, costing more than either collision or liability. And because you want a sports car (the Civic Si has a souped-up engine), it’s going to cost you even more.
You might reasonably find that insurance for this vehicle will cost you $500 or more a month, which is probably even more than your lease payment. That makes this purchase astronomically expensive for an 18-year-old. You might want to hold off until you’re earning steady income.
If you really want the vehicle, you’ll have to budget. Start by getting car insurance quotes with
Jerry
to find the best rate to fit your budget. “View full answer
- Gregory R.
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