Just got a quote from State Farm on adding my Fiesta to my policy and the rate was quite high, $100 more a year than my 260-hp $30,000 Pontiac Solstice GXP. Sure the Fiesta is rated for commuting and the Solstice is rated for occasional use but I didn't expect that it would be so high. Which insurance companies don't consider the Fiesta a high-risk vehicle?
I suspect that since the Fiesta is being marketed to 20-somethings that the rates are being set high because more risky drivers will buy the car not because someone over 40 like myself is a risk.
I suspect that since the Fiesta is being marketed to 20-somethings that the rates are being set high because more risky drivers will buy the car not because someone over 40 like myself is a risk.