Help me understand cost of auto insurance. Seems way too high?!
I never bought a car before in the US.
I am looking for a used sedan in the price range of 9k-10k but I have no idea how much the insurance for such a car should cost.
I live in New York city and the few quotes I asked online seem impossibly high (around $270/month for basic coverage).
Is insurance really so expensive or am I missing something?
P.s. I am an immigrant and received a US driving license only 2 years ago. Maybe that's a factor?
I am looking for a used sedan in the price range of 9k-10k but I have no idea how much the insurance for such a car should cost.
I live in New York city and the few quotes I asked online seem impossibly high (around $270/month for basic coverage).
Is insurance really so expensive or am I missing something?
P.s. I am an immigrant and received a US driving license only 2 years ago. Maybe that's a factor?
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Your age, sex and marital status can also all influence the rates.
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